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The Interplays between Stock Markets and a Nation's Economy

The Interplays between Stock Markets and a Nation's Economy

Economies around the globe has faced a major hit owing to the covid19 pandemic outbreak and the resulting lockdown and businesses operating across various industry verticals has also faced the brunt of this adverse economic impact. The IMF even...

7 Signs An Aged Care Provider Is Right For Your Family

7 Signs An Aged Care Provider Is Right For Your Family

Your family is probably the most valuable thing in your life right now. They support and help you in basically everything that you do. However, people get older, and a member or two of your family might need additional help, which you may not be...

LIC India Links Up ties up with Paytm to Handle its Epayments

LIC India Links Up ties up with Paytm to Handle its Epayments

  Paytm to facilitate digital payments for LIC India, after linkup with another payment doorway earlier, the insurance colossal has sought a fresh contract as most of its payments shift to digital modes. The new contract necessitates...

FIDC Urges RBI to Extend Restructuring Scheme for MSME Loans

FIDC Urges RBI to Extend Restructuring Scheme for MSME Loans

Due to the extreme second wave of Covid-19, the Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to extend the one-time restructuring scheme for loans to MSMEs until March next year. The RBI had, on February...

Banks Approves the Debt Restructuring Plan of Future Retail with Repayment of Loans

Banks Approves the Debt Restructuring Plan of Future Retail with Repayment of Loans

Future Retail's debt reduction strategy has been approved by banks, with loan repayments being extended for up to two years. “Repayment of short-term loans, term loans, NCDs, overdue working capital loans (converted into working...

India's move to increase FDI in insurance sector to 74% welcomed by US lawmakers

India's move to increase FDI in insurance sector to 74% welcomed by US lawmakers

Two influential US lawmakers have applauded the Indian government's strategic move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and...

All you need to know about Macrotech Developers Ltd IPO

All you need to know about Macrotech Developers Ltd IPO

The initial public offering (IPO) of realty major Macrotech Developers Ltd, which was formerly called Lodha Developers, is set to debut on the bourses on Monday. The public issue which is worth ₹2,500 crore, opened on April 7 for two days, was...

RBI has set up a new Regulations Review Authority

RBI has set up a new Regulations Review Authority

The Reserve Bank of India (RBI) sets up a new Regulations Review Authority (RRA 2.0) for a period of one year to review the regulatory prescriptions internally as well as by seeking suggestions from RBI-regulated entities and other stakeholders on...

IL&FS addresses debt of 43K crore so far; ups recovery estimate to 61K crore

IL&FS addresses debt of 43K crore so far; ups recovery estimate to 61K crore

The new board of Infrastructure Leasing and Financial Services (IL&FS) on Thursday revised their aggregate debt recovery estimate by the group to Rs 61,000 crore, or about 62 per cent of the overall debt of over Rs 99,000 crore as of October...

Citibank to exit Indian consumer banking business as part of its global restructuring plan

Citibank to exit Indian consumer banking business as part of its global restructuring plan

Citibank today said that they will exit the consumer banking businesses in 13 markets including India as part of a restructuring plan to focus only on four wealth centers in Asia. “Citi will focus its Global Consumer Bank presence in Asia...

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