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Page-3 of Topic: Finance

NSO releases revised estimates of India’s economic growth

The National Statistical Office released revised estimates for economic growth of India for the last three years, on January 31,2020. As per the report, it fixed the actual...

February 1, 2020

India- Maldives projects inaugurated

In early December, the Prime Minister of India and the President of Maldives jointly inaugurated 4 development projects in the island nation: LED lighting project in Mahe –...

December 5, 2019

Finance Minister presents First Supplementary Demand of Grants

The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman on Thursday, 28 November 2019 sought Parliament’s approval for capital infusion as a part of the first supplementary...

November 29, 2019

ArcelorMittal’s takeover of Essar cleared by apex court

On 15 Nov, the three judge bench of the Supreme Court has accepted world’s largest steelmaker, Arcelor Mittal’s offer to pay an aggregate Rs 42,000 crore as an...

November 16, 2019

MCA notifies Insolvency and Bankruptcy Rules, 2019

On 15 Nov, the Ministry of Corporate Affairs (MCA) has notified the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority)...

November 16, 2019

CCI nod for merger of BOB and BNPP

On 14 Nov, the Competition Commission of India (CCI) has approved the merger of the BNP Paribas (BNPP) Mutual Fund and the Baroda (BOB) Mutual Fund, under the...

November 15, 2019

SEBI’s norm for issuers of municipal bonds

On 12 Nov, the Securities and Exchange Board of India (Sebi) prescribed wider disclosures and compliances norms by the issuers of listed municipal bonds. As per the SEBI...

November 14, 2019

Don Valentine, founder of Sequoia Capital passes away

Don Valentine (87), an American venture capitalist who founded Sequoia Capital, has passed away in Woodside, Calif. Valentine spent nearly 40 years working in Silicon Valley, and Sequoia...

October 29, 2019

Indian Overseas Bank launches an healthcare insurance policy in collaboration with Universal Sompo General Insurance Company Ltd

Public sector Indian Overseas Bank unveiled a healthcare insurance policy through online platform in association with Universal Sompo General Insurance Company Ltd. The policy offered on real time...

October 28, 2019

SBI launches contactless mobile phone payments facility

The SBI Card has  launched the ‘SBI Card Pay’ that allows contactless payment using mobile phones at PoS terminals. Using SBI Card Pay, customers can make contactless payments...

October 18, 2019

ICICI Bank launches new fixed deposit scheme ‘FD Health’

The ICICI Bank has launched a new Fixed Deposit (FD) scheme – FD Health that provides the customer a complimentary critical illness cover of Rs 1 lakh from...

October 16, 2019

Reliance renamed as Nippon India Mutual Fund (NIMF)

The Reliance Mutual Fund has been renamed as Nippon India Mutual Fund (NIMF). The name change came after Nippon Life Insurance of Japan completed the acquisition of 75%...

October 10, 2019

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