Category: Finance

The regulator may clear proposal of easing stake dilution norms for very large companies by allowing smaller initial offerings and longer timelines to meet MPS rules. Market regulator Securities and Exchange Board of India (SEBI) may clear major proposals related to “Ease of Doing Business” in its board meeting scheduled on September 12. According to […]

Taxpayers with undisclosed foreign assets worth up to ₹20 lakhs, excluding property, will not face penalty or prosecution under revised Black Money Act rules. The Income Tax Department has relaxed provisions under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BMA). Individuals with small-value foreign assets will not face […]

India’s landmark move towards the next generation of Goods and Services Tax (GST) reforms has sparked concern among key industries. The worry is that proposed rate cuts could create inverted duty structures, negating the intended benefit for consumers. According to sources, multiple sectors—including tractors, pharmaceuticals, medical devices, chemicals, fertilizers, textiles and insurance—have flagged concerns to […]

The Reserve Bank of India (RBI) has introduced significant changes to the CIBIL score rules that will come into effect in January 2025. These changes aim to bring more transparency, efficiency and control over an individual’s financial standing. The reform package is designed to address the growing demand for faster and more accurate credit scoring, […]

In a big move, the Reserve Bank of India (RBI) has introduced new rules to help people with low CIBIL scores get loans more easily. This is great news for millions of Indians who struggle to borrow money due to their credit history. The changes aim to make banking fairer and give everyone a better […]

Efforts to help industry, especially MSMEs to achieve scale and thereby ensuring better wages is key, since the capacity to spend is intrinsically tied to growth in income that has been tepid, particularly in urban India. Concerned over slowing wage growth, the Finance Ministry plans to hold regular meetings with Indian industry, especially medium, small […]

The credit score by CIBIL can decide whether someone gets a car loan, a home loan, or even a credit card. Yet, very few actually know how CIBIL works or who controls it. Most people in India know the importance of a CIBIL. It can decide whether someone gets a car loan, a home loan […]

“PSBs have been told to focus on credit growth across loan sizes, especially in core engineering, manufacturing, agriculture, MSMEs and startups,” the official said. The Finance Ministry has asked public-sector banks (PSBs) to broaden their credit focus beyond large corporations to include mid-market companies, small and medium enterprises, agriculture and startups, a senior Government official […]

IndusInd Bank launched ‘Indus StartUp Banking’ on August 11, 2025, a comprehensive program to support early-stage startups in India. The initiative offers banking facilities, credit and beyond-banking services, including current accounts, API access and premium lounge access. Startups under 10 years old can apply, benefiting from customized solutions and strategic partnerships. IndusInd Bank on Monday […]

Deloitte India has entered into a strategic alliance with Embark to offer end-to-end support to global firms building and scaling their Global Capability Centres in India, covering strategy, operations, infrastructure and governance, a release said on Wednesday. Put simply, global capability centre or GCC, is a strategic offshore unit, where multinational companies brainstorm innovation and […]