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Founded in 2015, Nivara Home Finance is focused on providing affordable housing finance to micro-entrepreneurs and salaried customers; currently operates across five states—Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra

Full story at Business Today

Congress unveils ambitious jobs and reservations manifesto ahead of Lok Sabha Polls

Under the banner of the Yuva Nyay programme, Congress has pledged to address unemployment directly, with plans to fill nearly 30 lakh vacancies in government positions, teaching, medical institutions, and the Central Armed Police Forces

Tags: #government #Congress #Police

Full story at Business Today

'No change in RBI’s policy on exchange traded currency derivatives': Governor Shaktikanta Das

On Thursday, the RBI deferred implementation of its new rules on exchange-traded rupee derivatives to May, highlighting that its policy on this issue has remained unchanged over the years.

Tags: #issue

Full story at Business Today

Mahalaxmi Scheme: Congress promises ₹1 lakh per year to poor to tackle poverty

The scheme will be rolled out in stages and reviewed every year to assess the number of beneficiary families and its impact on alleviating poverty.

Tags: #impact

Full story at Business Today

'Elephant returning to forest': Inflation, growth, cash deposits via UPI, key RBI MPC takeaways

Raising concerns over the impact of the reduction in fuel prices on inflation, the RBI governor said the “Two months ago the elephant in the room was inflation, and that elephant has now gone for a walk in the forest and we hope it remains there.”

Tags: #ago

Full story at Business Today

Centre appoints two members to Securities Appellate Tribunal

The total strength of the SAT bench is now three in accordance with the law

Full story at mint

Nyay Patra: ‘ ₹1 lakh per year, 50% govt job quota’, Congress' key promises for women ahead of Lok Sabha polls

Congress promises for women in 2024 polls include cash transfer scheme, 50% reservation in govt jobs, wage parity, enhanced representation in high positions, and strict enforcement of laws against offences like sexual harassment and domestic violence.

Tags: #polls #include

Full story at mint

Three questions Sebi should be asking, and answering

These questions perhaps address the most pressing needs of a lay investor

Full story at mint

RBI Policy: Why does the market look disappointed with RBI MPC outcome?

RBI Policy: The RBI MPC maintained a status quo in policy rates on expected lines but the stock market benchmarks the Sensex and the Nifty 50 traded lacklustre after the policy outcome.

Tags: #quo

Full story at mint

Oil is hitting its highest level in months

Brent crude futures, the benchmark, have climbed 16% in 2024 to just under $90 a barrel, a level last breached in late October.

Tags: #late

Full story at mint

We are hoping to be closer to 25% of MSME lending in India in 2-3 years: SIDBI’s Prakash Kumar

Prakash Kumar, DMD, SIDBI explains the various initiatives being undertaken by them to reform the MSME ecosystem and why bringing more micro enterprises within a formal structure is essential to growth.

Tags: #India

Full story at Economic Times

Will abolish Agnipath scheme & direct armed forces to resume normal recruitment: Congress Manifesto

The Congress party, unveiling its manifesto 'Nyay Patra' for the upcoming Lok Sabha elections, pledged to abolish the Agnipath program and revert to normal armed forces recruitment to reach full sanctioned strength. Criticizing the scheme on multiple occasions, Congress has highlighted the gross injustice it believes it inflicts on youngsters seeking regular employment in the armed forces.

Tags: #seeking #full #gross #resume

Full story at Economic Times

SBI MD on RBI policy, LCR framework & more

AK Tewari discusses the importance of adapting LCR monitoring to digital times to prevent rapid bank runs due to the instant withdrawal capability, emphasizing the critical role of deposit gathering in the banking sector amid ongoing transformations. Tiwari also says: For all banks, especially the deposit gathering and focus will be the key thing for the next several quarters.

Tags: #Tiwari #framework

Full story at Economic Times

Eight per cent growth projection for India not ours: IMF

Subramanian's remarks on India's growth figures differ from IMF's views. He projected 8% growth till 2047. IMF to update World Economic Outlook with 6.5% medium-term growth projection soon.

Tags: #cent

Full story at Economic Times

Congress manifesto for Lok Sabha election 2024: Key announcements and highlights

Congress Lok Sabha election manifesto: The name of the party's manifesto this time ‘Nyay Patra'. 'Paanch Nyay' and 'Pachees Guarantee' is the broad theme of the party's manifesto this time.

Full story at Economic Times

RBI keeps key repo rate unchanged at 6.5%, expects robust growth but inflation above 4% target

Repo rate was raised by 250 basis points between May 2022 and February 2023. Robust growth to provide space for monetary policy to remain focused on bringing inflation down to 4% target.

Tags: #February #2022

Full story at ThePrint

Met Gala to Ambani ‘jamboree’ & Ram Mandir. Bollywood’s stylists are the new A-list

Celebrity stylists such as Esha Amin, Ami Patel, and Bhawna Sharma are more in demand than ever. Not just Alia Bhatt or Kareena Kapoor, they have politicians, tycoons, CEOs as clients.

Tags: #Sharma

Full story at ThePrint

President Joe Biden warns Netanyahu, says US support hinges on protecting Gaza civilians

The ultimatum came after an Israeli attack that killed seven World Central Kitchen aid workers and triggered global outrage. Israel admits the strike was a mistake.

Tags: #workers #support

Full story at ThePrint

'Paanch Nyay', nationwide caste census, amendment to raise 50% quota cap — Congress releases manifesto