PM Modi will release 13th instalment of Rs 16,800cr under PM-KISAN on Monday

Prime Minister Narendra Modi will release the 13th instalment of financial benefits worth Rs 16,800 crore to over eight crore eligible farmers under the flagship PM-KISAN scheme on Monday ahead of Holi and rabi harvesting. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), eligible farmers are provided with a financial benefit of Rs 6,000 per year in three equal […]

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Bank capital requirement may increase by 15-20% based on RBI’s draft market risk norms

The Reserve Bank of India’s (RBI’s) recently released draft guidelines on minimum capital requirements provide more flexibility to banks for treatment of certain instruments, but lenders may need 15-20 per cent more in capital for market risk, bank officials said.

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Sebi may remove small town incentive for mutual funds

The Securities and Exchange Board of India (Sebi) is likely to scrap an incentive it allows fund houses for mobilising assets from smaller centres — called Beyond 30 (B30) in industry parlance. At present, mutual funds can charge up to 30 basis points over and above the total expense ratio (TER) on assets garnered from […]

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PM Modi, German Chancellor Scholz hold wide-ranging talks to boost ties

Prime Minister Narendra Modi and German Chancellor Olaf Scholz held talks on Saturday. “The strong ties which India and Germany share are based on shared democratic values, and a deep understanding of each other’s interests. The two countries also share a long history of cultural and economic exchanges between them. Along with being our largest trading […]

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After Turkey Quake This Two-Month-Outdated Survived Beneath Rubble For 128 Hours

Turkey Earthquake: 28,000 lifeless, 6,000 collapsed buildings, a whole lot of aftershocks – Turkey has been reeling since Monday’s magnitude 7.Eight earthquake. However miraculous tales of survival preserve rising amid the devastation and despair. A two-month-old child was pulled out from underneath the rubble in Turkey’s Hatay yesterday, the group cheered and applauded. After the […]

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