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New Rules Mandate Aadhaar For Small Savings Schemes

The Ministry of Finance has introduced new regulations governing small savings schemes. Effective April 3, 2023, individuals seeking to invest in schemes such as the Senior Citizen Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSM), and Public Provident Fund (PPF) are now ...

RBI Plans License Regime For POS Players; Major Impact Expected

The Reserve Bank of India (RBI) is set to introduce a licencing framework for point-of-sale (POS) operators. This development is poised to impact major players such as Pine Labs, MSwipe, Paytm, and BharatPe. The objective is to ensure operational harmony and ...

BharatPe Co-founder Ashneer Grover Dives Into Fintech With ZeroPe App

BharatPe co-founder and former managing director Ashneer Grover is making waves in the fintech space once again, this time with the launch of ZeroPe, an innovative app tailored for medical loans, as reported by Moneycontrol. ZeroPe, currently undergoing testing, is the ...

Equity Mutual Fund Inflows Decline 16% as Debt Funds Experience Outflows

The mutual fund (MF) industry experienced shifts in investor sentiment, as indicated by data released by the Association of Mutual Funds of India (AMFI) in March 2024. Equity mutual funds saw a notable 16% drop in inflows compared to the previous ...

Inflation Vs Resilient Economy: What Is Stopping RBI From Cutting Rates In Upcoming Monetary Policy?

The market is torn into opinions as to what RBI may decide on Friday, April 5th when it will announce the first bi-monthly monetary policy of FY25. The consensus is that RBI may hold rates for the seventh time in a ...

Paytm Senior VP Praveen Sharma Steps Down Amid Regulatory Pressures and Changes

Praveen Sharma, the senior vice president of business at One 97 Communications, the parent company of Paytm, on Sunday has announced his resignation, according to an exchange filing by the fintech major. Sharma's departure, scheduled for March 31, comes as a ...

LIC Share Price: Why India's Largest Life Insurer's Shares Are Falling After Wage Hike Buzz?

Shares of Life Insurance Corporation of India (LIC) on Monday Plunged below their IPO price and registering a 22% decline from their peak. This decline comes amidst growing concerns over the company's financial health and future prospects. The recent plunge in ...

Passion, Not Money Should Drive Entrepreneurs Looking To Start Successful Ventures, Zomato CEO

Zomato CEO Deepinder Goyal on Monday advised entrepreneurs to be led by passion and drive while building the company of their dreams, and cautioned that starting a venture with the sole desire of making money won't work and may lead to ...

Mphasis Launches DeepInsights Doc AI, Shares Decline 2%

Mphasis shares price today plunged 2% on the BSE after unveiling its latest innovation, Deep Insights Doc AI, an intelligent document processing solution powered by generative AI. This announcement, made on Thursday, marks a significant advancement in the realm of document ...

Small Cap Metal Stock Bags Orders Worth Rs 555 Crore, Shares Zoom 356% In 1-Year

Man Industries (India) Limited on Thursday surged in its shares, climbing by 3% after the announcement of a substantial new order valued at approximately Rs 555 crore. The company revealed this significant development through a regulatory filing, expressing satisfaction with securing ...

Exicom Tele IPO Update: Check Details, subscribe, GMP?

Exicom Tele Systems Limited, a leading provider of EV charging solutions, made its resounding debut on Dalal Street on Monday with its initial public offering (IPO), witnessing overwhelming demand from investors. Within just hours of opening, the public issue has been ...

Exicom Tele-Systems Limited Unveils Rs 429 Crore IPO: Don’t Miss Emerging Opportunities

Exicom Tele-Systems Limited gears up to make its market debut with an initial public offering (IPO) set at Rs 429 crore. Scheduled to open for subscription on February 27, with the anchor book opening a day earlier on February 26, the ...

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