New Delhi, Aug 9 (IANS) Reserve Bank of India (RBI) Deputy Governor Swaminathan Janakiraman on Saturday highlighted that true financial inclusion goes beyond expanding banking access, stressing the need to empower citizens through financial literacy.Speaking at the Indian Bank-hosted 'Financial...
Moscow, Aug 9 (IANS) US President Donald Trump's imposition of tariffs on India is both "unfair and unworkable", especially when Europe remains the world's largest importer of Russian energy in dollars and the biggest contributor to Russian revenues, a report...
Mumbai, Aug 9 (IANS) ICICI Bank on Saturday raised the minimum average balance (MAB) requirement for its savings accounts, with significant hikes for new and urban customers in metro cities.Customers of metro and urban branches must maintain a minimum average...
Mumbai, Aug 9 (IANS) Indian bullion prices ended marginally higher this week amid global market cues and higher festive demand. By mid-week, gold prices saw a significant dip, with the price of 24-carat gold dropping by Rs 91, but the...
Mumbai, Aug 9 (IANS) The Securities Exchange Board of India has proposed easier norms for resident Indians and mutual funds to invest in foreign funds. The regulator proposed to enable retail schemes based in IFSCs in India with resident Indian...
New Delhi, Aug 9 (IANS) The Sanchar Saathi mobile app, an initiative of the Department of Telecommunications (DoT) to report fraudulent calls and messages, has crossed 50 lakh downloads within six months of its launch, the Ministry of Communication said...
New Delhi, Aug 9 (IANS) The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and cooperative societies to file their annual returns....
Mumbai, Aug 9 (IANS) The Securities and Exchange Board of India (SEBI) has proposed a distinct alternative investment fund (AIF) scheme that would admit only "accredited investors". Such specialised AIF schemes can benefit from "a lighter-touch regulatory framework than a...
New Delhi, Aug 9 (IANS) India has more than 22,000 e-Services under the National e-Governance Service Delivery Assessment (NeSDA) framework, the Ministry of Personnel, Public Grievances and Pensions said on Saturday.In a bid to further strengthen the public service delivery...
New Delhi, Aug 9 (IANS) Delivering on PM Narendra Modi's vision of 'Minimum Government, Maximum Governance', the Government e-Marketplace (GeM) evolved into a cornerstone of transparency, inclusivity and efficiency, said Union Commerce Minister Piyush Goyal on Saturday, hailing the successful...
New Delhi, Aug 9 (IANS) Arbitrage and multi-asset allocation funds saw the highest inflows in open-ended hybrid schemes during Q1 FY26, as investors moved to safer and diversified investment strategies, a report said on Saturday.Hybrid funds' AUM saw a significant...
New Delhi, Aug 9 (IANS) Former G20 Sherpa Amitabh Kant on Saturday urged the need to strengthen the country’s tourism sector to earn big on exports, as well as tackle tariffs, imposed by US President Donald Trump.His remarks came amid...