Tag: 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…
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15 Crore Jan Dhan Accounts Declared Inoperative, Says MoS Finance
MoS Finance reveals 15 crore PM Jan Dhan Yojana accounts are inoperative, representing 26% of total accounts. New Delhi, Dec 8 (PTI) As many as 15 crore, or 26 per cent of the total 57.07 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts, are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.…
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Finance Ministry’s Response on DA Inclusion in Basic Pay Under 8th Pay Commission
8th Pay Commission: As the central government employees await the implementation of the 8th Pay Commission, the Finance Ministry recently clarified whether dearness allowance or dearness relief (DA/DR) will be merged with basic pay under the new commission. Earlier this year, Union Minister Ashwini Vaishnaw announced that the Centre had approved the implementation of the…
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8th Pay Commission: Finance Ministry Reveals Beneficiary Employee and Pensioner Numbers
The Centre on Monday told the Lok Sabha that 50.14 lakh central government employees and approximately 69 lakh pensioners stand to benefit from the 8th Central Pay Commission (CPC). The figures were shared in a written reply by Pankaj Chaudhary, Minister of State in the Ministry of Finance. “The number of central government employees is…
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Finance Ministry Confirms Funding for 8th Pay Commission Implementation Date
Ever since the Centre notified the 8th Pay Commission Terms of Reference (ToR) last month and its content came out, central government employee unions and representative bodies – including the Staff Side of the National Council of Joint Consultative Machinery (NC JCM) – expressed their dissatisfaction regarding certain aspects of the ToR. Employee unions alleged…
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Starteck Finance Signals Bearish Trend with Death Cross Formation
Understanding the Death Cross and Its Implications The Death Cross is widely regarded by market analysts as a significant technical indicator that points to potential long-term weakness. It reflects a scenario where short-term price averages fall below longer-term averages, indicating that recent price action is losing strength relative to historical trends. For Starteck Finance, this…
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Unlocking Embedded Finance: Strategies for SMB Platforms
Precision banking is slated to be the future of financial services, according to McKinsey. The consultancy says in its annual ‘Global Banking Review’ that embedded finance is disrupting the traditional relationship banks have with customers, undoing loyalty and promoting faster mobile payments through third-parties, not financial institutions. That may not be excellent news for traditional…
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AU Small Finance Bank Launches Campaign to Transform Banking Habits
AU Small Finance Bank (AU SFB) has unveiled 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 Rashmika Mandanna, the campaign marks a creative departure from its predecessor, with McCann with the core messaging that repositions…
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Roselabs Finance Adjusts Market Outlook Amidst Economic Pressures
Overview of the Evaluation Revision The latest market assessment for Roselabs Finance indicates a downward revision in its overall evaluation metrics. This change is influenced by a combination of factors spanning quality, valuation, financial trends, and technical indicators. Such revisions are significant as they provide investors with an updated perspective on the company’s current standing…
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Finance Ministry Reveals Over 15 Crore Inactive Jan Dhan Accounts
The government has said that 15.09 crore Jan Dhan accounts are currently inoperative across the country, out of a total of 57.07 crore accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY). The information was shared in a written reply by Minister of State for Finance Pankaj Chaudhary in the Lok Sabha. Under the Reserve…