Category: Finance
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Government Initiatives Drive Increased Spending and GDP Growth, Says Finance Minister
Finance Minister Nirmala Sitharaman told Parliament that the government is using a multi-part strategy to boost consumption through demand support, higher incomes, and reforms, helping GDP growth. In a written reply to the Lok Sabha, she stated that policies like the new income tax exemption for incomes up to Rs 12 lakh, recent GST rate…
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Brookfield Investing $12 Billion in Indian Energy Initiatives
Brookfield, a New York-based investment firm, has agreed to invest $12 billion in green energy projects in Andhra Pradesh (AP), India, over the next three years, including a clean energy-powered 3-gigawatt (GW) data center. Brookfield’s investment, announced at the 2025 Confederation of Indian Industry (CII) Partnership Summit held in AP, is the biggest foreign investment…
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RBI Initiatives to Enhance MSME Export Finance: MoS Finance Highlights
New Delhi, Dec 8 (KNN) Minister of State for Finance Pankaj Chaudhary on Monday detailed export credit availability and initiatives to ease trade finance constraints for MSME exporters. Regulatory Measures In a written reply to a question in Lok Sabha, the Minister said that the Reserve Bank of India (RBI) has introduced several measures, including…
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Nisus Finance’s RESO-1 Secures 23% IRR Exit from Bengaluru Investment
Nisus Finance, a listed alternate fund manager and urban infrastructure investment house, announced its successful exit from Project High Cliff, late-stage residential development in Bellandur, Bengaluru. The investment, executed through rated, listed non-convertible debentures under its flagship Real Estate Special Opportunities Fund-1 (RESO-1), generated an Internal Rate of Return (IRR) of 23% within a span…
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November Sees Rising Personal Finance Concerns Among US Households, According to New York Fed
Dec 8 (Reuters) – U.S. households grew more downbeat on their current and future financial situations in November, even as their expectations for the future trajectory of inflation held steady, a New York Federal Reserve report released on Monday showed. The regional Fed bank said in its Survey of Consumer Expectations for November that respondents’…
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Fino Payments Bank Shares Drop 11% Following Approval for Small Finance Bank Transition
Fino Payments Bank shares plummeted Monday even after it received an in-principle license to convert itself into a small finance bank. The stock closed 11.35% lower at Rs 278.95 on BSE while falling 12.74% to Rs 274.60 on NSE. On BSE, the bank’s share opened higher at Rs 324.65 as compared with the previous close…
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AU Small Finance Bank Launches ‘Soch Badlo, Bank Bhi’ Initiative
AU Small Finance Bank (AU SFB), the first Small Finance Bank to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, unveils its new brand campaign carrying forward the brand’s core theme of Soch Badlo, aur Bank Bhi (Change Your Thinking, Change Your Bank). Featuring Bollywood actors Ranbir Kapoor and…
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2025 Fiscal Year-End Guide and Timeline
The end of the calendar year is a rough patch for accounting departments and business owners. To ensure the inventory and book closing process runs smoothly and stress-free, it’s important to prepare diligently and plan all necessary activities beforehand. Therefore, for all individuals and entities in the process of closing the current financial year and…