Tag: Finance
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Top 5 Stocks to Sell Now: PNB Housing Finance and BEL Highlighted
Stocks to SELL: On the first trading day of the week, the stock market saw a sharp sell-off. The Sensex slipped more than 800 points, while the Nifty fell below the 25,900 mark. Amid the broad-based selling pressure, brokerage houses have advised investors to stay cautious. A domestic brokerage has identified five stocks that may witness…
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Paragon Finance Faces Market Evaluation Shifts Amidst Economic Challenges
Understanding the Recent Evaluation Shift The recent adjustment in Paragon Finance’s market assessment stems from a comprehensive review of multiple performance parameters. The company’s quality metrics indicate below average fundamentals, with operating losses underscoring a weak long-term financial strength. Net sales have shown a contraction at an annual rate of approximately 18.96%, while operating profit…
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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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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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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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UFBU Plans to Contact IBA and Finance Ministry for Urgent Approval
The United Forum of Bank Unions (UFBU), representing nine major bank unions, has issued detailed instructions for employees and officers across banks to sign and forward memorandums seeking immediate approval of 5-day banking. The call includes sending hard copies to the Indian Banks’ Association (IBA) and the Finance Minister, along with scanned copies to the UFBU’s…
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UK Releases Findings from Small Business Finance Review
The UK Government has published its official response following a review into small business access to finance, conducted by the Department for Business and Trade between March and May 2025. The government initially launched the consultation in March. This consultation gathered input from a broad spectrum of organisations and individuals involved in business and finance,…
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Crown Prince Patronage Marks the Inauguration of Abu Dhabi Finance Week 2025
Abu Dhabi Finance Week (ADFW) 2025, the flagship financial event of the Middle East, Africa and South Asia (MEASA) region, was officially inaugurated today under the patronage of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. Organised by Abu Dhabi…