Finance Minister Nirmala Sitharaman nudges India Inc to clear unpaid dues of MSMEs Union Finance Minister Nirmala Sitharaman on Tuesday asked big corporate houses to clear dues to micro, small, and medium enterprises (MSMEs) and said that smaller businesses will need equal support from both the government and larger established firms. “Support to the MSMEs is not ...

New term life insurance policy launched: Pay only for benefits you choose, check details [ad_1] HDFC Life has launched a term insurance plan Click2Protect Super, which enables customisation as per your protection needs and you only pay for the benefits / plan options that you have chosen. Click2Protect Super is a non-linked, non-participating, individual, pure risk premium/ savings life insurance ...

Large corporates request RBI for customers’ UPI data, says Dy Guv Sankar Large corporates, including fintech, have requested the Reserve Bank of India (RBI) on how they could access the data from the Unified Payments Interface (UPI), said Deputy Governor T Rabi Sankar said on Monday, reported The Hindu BusinessLine. The request, from both large fintech and non-fintech, comes on ...

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Rupee appreciates 28 paise to 79.25 against US dollar in early trade The rupee appreciated 28 paise to 79.25 against the US dollar in opening trade on Tuesday, tracking the dollar’s decline versus its major peers and foreign fund inflows. At the interbank foreign exchange, the domestic unit opened at 79.30 against the dollar, then touched 79.25 ...

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Exide Industries Stocks: Exide Industries has strong growth prospects: Why it is this week’s stock pick [ad_1] Helped by an improved performance of the auto and industrial segments, storage battery manufacturer Exide Industries reported strong revenue growth of 57% y-o-y in the first quarter of 2022-23. The performance of the automobiles batteries segment was driven by replacement demand and improved ...

KKR seeks advisers to sell stake in Avendus Capital, says report KKR & Co. is in talks with advisers to sell its stake in Avendus Capital Ltd., valuing the financial services provider at more than $500 million, people familiar with the matter said. The private equity titan is close to appointing two banks to manage the formal ...

Mutual Fund Scheme: How to select the right target maturity mutual fund scheme [ad_1] With investors taking favourably to initial offerings of passively managed target maturity bond funds, AMCs are clamouring to get a slice of the pie. Nearly every big AMC is launching TMFs spanning maturities and instruments. With the variety on offer, what type of TMF should you ...

Data monetisation should have consumer consent: RBI deputy governor Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Monday said customer data should be monetised in a responsible manner with some level of customer consent. “At a recent conference, many corporates discussed with me how they can access UPI (Unified Payments Interface) data because that ...