TVS Holdings has received an allocation of shares in Home Credit India Finance as part of a recent rights issue. This move is part of the companys strategy to strengthen its financial position and expand its investment portfolio. Home Credit
In a recent address, Finance Minister Nirmala Sitharaman outlined a strategic approach aimed at fostering economic growth in India. Her formula emphasizes the importance of maintaining robust capital expenditure (capex) while simultaneously keeping the fiscal deficit under control. This dual
The Bank of India and Suryoday Small Finance Bank have recently announced an increase in interest rates for fixed deposits, reflecting a trend among financial institutions to offer more attractive returns to depositors. The Bank of India has raised its
Saarathi Finance has announced the appointment of Alok Aggarwal as President and Group Head, marking a significant step in the companys strategic transformation. Aggarwal, a seasoned leader with extensive experience in the finance sector, is expected to play a pivotal
In a recent analysis of income tax returns in India for the year 2026, several trends have emerged that highlight how young investors and salaried individuals are managing their finances. The data reveals significant shifts in investment behaviors and financial
In October, Indias gross Goods and Services Tax (GST) collections experienced a significant increase, rising by 22.9% to reach ₹2.31 lakh crore. This growth reflects a robust economic activity across various sectors. The net revenue from GST also saw a
In a recent address, Indias Finance Minister Nirmala Sitharaman emphasized the importance of confidence in the countrys growth trajectory. She urged stakeholders to refrain from second-guessing the potential of Indias economy, highlighting the need for a collective belief in its
The Telecom Regulatory Authority of India (TRAI) has announced new regulations aimed at enhancing consumer protection in the telecommunications sector. These changes include stricter rules for handling complaints, the introduction of consumer feedback surveys, and the implementation of financial penalties
India is taking significant measures to ensure the safety of its citizens as it prepares for the arrival of a second cyclone within a week. Authorities have initiated the evacuation of thousands of people from vulnerable coastal areas in anticipation
In a recent statement, Finance Minister Nirmala Sitharaman expressed her commitment to addressing the concerns of investors regarding equity taxation. During a discussion with industry representatives, she acknowledged the importance of creating a favorable investment climate and indicated that the
