Monitor Your CIBIL Score Effortlessly with Bajaj Finserv Credit Pass
Your CIBIL score is a 3-digit number that measures your credit health and reflects your creditworthiness. It ranges from 300 to 900, with higher scores indicating better repayment history and lower risk of default. A good CIBIL score can help you get faster loan approvals, lower interest rates, higher loan amounts, longer loan tenures, and […]
Auto PLI Scheme: Ola Electric Secures Domestic Value Addition Certificate
Ola Electric, the electric vehicle arm of ride-hailing giant Ola, has become the first Indian two-wheeler EV company to receive certification under the Production Linked Incentive (PLI) Scheme for automobiles and auto components. The scheme, approved by the Union Cabinet in September 2023, aims to boost domestic manufacturing of advanced automotive technology products, including electric […]
Ayodhya Welcomes 65 New OYO Homestays and Hotels: A Boost to Local Tourism
Ayodhya, the holy city of Lord Ram, is witnessing a surge in tourism as pilgrims flock to visit the Ram Janmabhoomi temple and other sacred sites. To cater to the growing demand, OYO, India’s largest hospitality chain, has announced the launch of 65 new homestays and hotels in Ayodhya, offering comfortable and affordable accommodation options […]
BEL Secures Orders Valued at ₹1,034.31 Crore: A Significant Achievement
Bharat Electronics Limited (BEL), a Navratna Defence PSU, has announced that it has received orders worth ₹1,034.31 crore in the month of January 2024. These orders include a major order from Mazagon Dock Shipbuilders Ltd for supply of spares related to the missile systems, as well as additional orders for defence equipment from various customers. […]
Government Should Consider Taxing Wealthy Farmers, Suggests MPC Member
The issue of taxing agricultural income has been a contentious one in India, where a large section of the population depends on farming for their livelihood. However, some experts have argued that imposing income tax on rich farmers could bring more equity and efficiency in the taxation system, as well as generate more revenue for […]
NFO Alert: Bajaj Finserv AMC’s Entry into ETF Market with Launch of Nifty 50 and Nifty Bank ETF
Bajaj Finserv Mutual Fund, a subsidiary of Bajaj Finserv Limited, has announced the launch of two new exchange-traded funds (ETFs) as part of its new fund offers (NFOs). The schemes, namely Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF, opened for subscription on January 15, 2024, and will close on January 18, […]
Enhancing Accessibility: 597 Railway Stations Equipped with Lifts or Escalators for Divyangjan
Introduction Indian Railways is committed to make its railway stations and trains accessible for Divyangjans as part of “Sugamya Bharat Mission” or Accessible India Campaign of Government of India. In order to facilitate easy movement of elderly, sick and Divyangjans and for smooth access to platforms of major railway stations and for ease of movement, […]
LIC Surpasses SBI: Emerges as the Most Valuable Public Sector Undertaking
Life Insurance Corporation of India (LIC), the government-owned insurance giant, has surpassed the State Bank of India (SBI) to emerge as the most valuable Public Sector Undertaking (PSU) in India. In the early trades today on January 17, 2024, LIC’s Market Capitalization (MCap) reached ₹5.70 lakh crore, outpacing SBI’s MCap of ₹5.68 lakh crore, marking […]
Digital Co-Lending Revolution: Karnataka Bank and Clix Capital Collaborate via Yubi Platform
A new partnership to serve the MSME sector Karnataka Bank, a leading private sector bank, and Clix Capital, a fast-growing new-age NBFC, have announced a strategic digital co-lending partnership through YubiCo.Lend platform. The partnership is aimed at providing loans to the Indian MSME sector, which is one of the biggest contributors to India’s GDP and […]
RBI’s Draft Guidelines for Fintech Self-Regulation: A New Era in Financial Technology
The Reserve Bank of India (RBI) has recently released a draft framework for recognising Self-Regulatory Organisations (SRO) for the FinTech sector, inviting comments and feedback from stakeholders and the public by the end of February 2024. The draft framework aims to achieve a healthy balance between facilitating innovation by the industry and meeting regulatory priorities […]