Articles tagged with: finance

Tuhin Kanta Pandey takes charge as Revenue Secretary

New Delhi, January 9: The current Finance Secretary, Tuhin Kanta Pandey, took charge as the Secretary, Department of Revenue, Ministry of Finance on Thursday.


Goa demands Rs 3600 crores from 16th Finance Commission

Panaji, January 9: Goa has demanded Rs 3600 crores from the 16th Finance Commission delegation which is visiting Goa, stated state's Chief Minister Pramod Sawant.


Equity fund inflows in India surge over 14 pc to Rs 41,156 cr in Dec

New Delhi, Jan 9: Actively managed equity mutual fund inflows saw over 14 per cent monthly growth at Rs 41,155.9 crore in the month of December, the data by the Association of Mutual Funds of India (AMFI) showed on Thursday.


Centre appoints Tuhin Kanta Pandey as new Revenue Secretary, Arunish Chawla to head DIPAM

New Delhi January 9: Centre has appointed Tuhin Kanta Pandey as the revenue secretary in the Finance Ministry while he will continue to be designated as the Finance Secretary, as notified by the Appointments Committee of the Cabinet (ACC).


Centre appoints Tuhin Kanta Pandey as new Revenue Secretary, Arunish Chawla to head DIPAM

New Delhi January 9: Centre has appointed Tuhin Kanta Pandey as the revenue secretary in the Finance Ministry while he will continue to be designated as the Finance Secretary, as notified by the Appointments Committee of the Cabinet (ACC).


Centre appoints Tuhin Kanta Pandey as new Revenue Secretary, Arunish Chawla to head DIPAM

New Delhi January 9: Centre has appointed Tuhin Kanta Pandey as the revenue secretary in the Finance Ministry, as notified by the Appointments Committee of the Cabinet (ACC).


Indian Micro Finance sector grows by over 2,100% in 12 yrs

New Delhi, January 9: The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March'12 to Rs. 3.93 lakh crore as of November'24, M Nagaraju, Secretary, DFS, Ministry of Finance was apprised by the industry representatives during a meeting in New Delhi.As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.


Canadian finance minister not running for Liberal Party leadership

Ottawa, Jan 9: Canadian Finance Minister Dominic LeBlanc has said that he won't be a candidate in the upcoming race to replace Prime Minister Justin Trudeau as head of the Liberals.


RBI allows Asirvad, DMI Finance to resume lending operations

Mumbai, Jan 8: The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI circular issued on Wednesday.


Average affluent Indian managing over 434 peer-to-peer banking transactions annually

New Delhi, Jan 7: The financial activities among the affluent class in the country is experiencing unprecedented levels, with the median individual managing over 434 peer-to-peer banking transactions annually and experiencing accelerated flows of earning, investing and spending, a report showed on Tuesday.


IIT Delhi Launches Three Industry-Centric Certificate Programmes in Finance, Supply Chain, and Semiconductor Technology

New Delhi, January 7: The Indian Institute of Technology Delhi (IIT Delhi) has launched three new certificate programs through its Continuing Education Programme (CEP) in partnership with Team Lease Edtech, to address the increasing demand for specialized skills.


Affordable housing, rental challenges discussed during pre-budget consultation: Niranjan Hiranandani

New Delhi, January 6: Niranjan Hiranandani, Managing director of Hiranandani Group after taking part in the pre-budget consultation of the Finance Ministry on Monday, lauded the government's approach to addressing industry concerns during a pre-budget meeting with Finance Minister Nirmala Sitharaman.


IIFCL aims to double lending to Rs 1 lakh crore in three years: MD Jaishankar

New Delhi, January 6: PR Jaishankar, Managing Director of India Infrastructure Finance Company Limited (IIFCL), has set an ambitious target to double the company's lending to Rs 1 lakh crore within the next three years.


FM Sitharaman holds pre-budget consultation with representatives of trade unions

New Delhi, January 6: Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the eighth Pre-Budget Consultation meeting with stakeholders and representatives from trade unions on Monday. The discussion was held in connection with the preparation of the Union Budget 2025-26.


Rural credit ecosystem in India getting formalised: NABARD Chairman Shaji KV

New Delhi, January 5: India's rural credit ecosystem is increasingly getting formalised and borrowers across the country are preferring formal sources due to a variety of reasons, including interest subventions and subsidised credit, National Bank for Agriculture and Rural Development (NABARD) Chairman Shaji KV told reporters on Sunday.


Government likely to prioritise Capex in FY26 with 16-20% allocation: JM Financial

New Delhi, January 5: The Union Government's fiscal strategy for financial year (FY) 2026 will prioritise capital expenditure (Capex), with a major allocation expected to range between 16-20 per cent, from its revised estimates of 90 per cent of FY25 Budgeted Estimates (BE), stated JM Financial in its latest report.


Government to prioritise Capex in FY26 with 16-20% allocation: JM Financial

New Delhi, January 5: The Union Government's fiscal strategy for financial year (FY) 2026 will prioritise capital expenditure (Capex), with a major allocation expected to range between 16-20 per cent, from its revised estimates of 90 per cent of FY25 Budgeted Estimates (BE), stated JM Financial in its latest report.


Administrative system was corrupt during BRS regime: Telangana CM Revanth Reddy

Hyderabad, January 4: Telangana Chief Minister A Revanth Reddy has come down heavily on the previous Bharat Rashtra Samithi (BRS) government, alleging that its 10-year rule corrupted the entire administrative system.


NBFC sector seeks dedicated funds from Centre for funding MSMEs

New Delhi, January 2: Raman Aggarwal, Director of Finance Industry Development Council, sought a few interventions for the growth of the NBFCs at a meeting with Finance Minister Nirmala Sitharaman.


Sitharaman meets financial-capital market stakeholders ahead of Budget 2025

New Delhi, January 2: Finance Minister Nirmala Sitharaman on Thursday met stakeholders from the financial sector and capital markets as part of her series pre-Budget consultations.


India's Alternative Investment funds may cross USD 2000 Bn by 2027 from USD 400 Bn now: Avendus

New Delhi, January 2: The landscape of alternative investments in India is undergoing a significant transformation driven by the rapid rise of high-net-worth individuals (HNIs), says a report by Avendus.


US stock markets lead globally in returns in 2024, India behind most global counterparts: Report

New Delhi, January 2: The year 2024 proved to be a robust one for global financial markets, with the US leading the way in delivering stellar returns, according to a report by Axis Securities.


Articles tagged with: finance