Business News

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SEBI Proposes Online Bidding Platform for Fundraising on Social Stock Exchanges

Mumbai, July 3, 2025 — The Securities and Exchange Board of India (SEBI) is planning to introduce an online bidding platform to enable Not-for-Profit Organizations (NPOs) to raise funds more efficiently on Social Stock Exchanges (SSE). In a consultation paper released on Thursday, SEBI outlined a proposal to establish a dedicated Social Stock Exchange Electronic…

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RBI Mandates Banks to Integrate DoT’s Financial Fraud Risk Indicator in Major Cybersecurity Push

TIT Correspondent info@impressivetimes.com NEW DELHI, 02 JULY: In a landmark move to counter rising cyber-enabled financial frauds, the Reserve Bank of India (RBI) has issued an advisory mandating all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by the Department of Telecommunications (DoT).…

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SEBI Further Extends Deadline for Cybersecurity Framework Implementation

New Delhi -The purpose of SEBI’s, CSCRF is to have a structured approach to cybersecurity management within market infrastructure institutions and other regulated entities. Market regulator Securities and Exchange Board of India (SEBI) has extended timeline for implementation of Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities. In a circular issued on Monday,…

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“Slice now matches HDFC Bank’s scale in monthly account openings,” says founder Rajan Bajaj

New Delhi – In 2016, Rajan Bajaj launched Slice as a fintech startup offering a prepaid cards with credit-like features, primarily targeting young and first-time users. Instead of functioning like a traditional credit card, Slice allowed users to split their purchases into three interest-free monthly installments, hence the name ‘Slice’. This approach aimed to serve…

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Sensex Gains 200 Points; Broader Indices Outshine as Small & Midcaps Surge

Mumbai, June 27: After a sluggish opening, Indian equity benchmarks surged mid-session , driven by widespread buying across most sectors, with the exception of real estate. Strong performances by oil & gas and metal stocks helped push the indices higher, while broader markets outshined large-cap peers. By 12:20 pm, the BSE Sensex had advanced 221.64…

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Fertiliser Stocks Dip as China Blocks Specialty Exports

New Delhi – Fertiliser stocks faced selling pressure on June 26 even as equity benchmarks were setting new records due a report saying China has stopped exports of specialty fertilisers to India over the past couple of months. Losses among the fertiliser stocks were led by Fertilizers & Chemicals Travancore, which was down 7%. Meanwhile, shares…

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IHMCL Collaborates with FinTechs to Explore New Avenues for FASTag Ecosystem Expansion

New Delhi, June 25- In a strategic move to expand the applications of the FASTag system beyond toll collection, the Indian Highways Management Company Limited (IHMCL), promoted by the National Highways Authority of India (NHAI), organized a workshop with leading FinTech companies in New Delhi today. The initiative aimed to explore innovative uses of FASTag…

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IndiGo Launches ‘Monsoon Sale’ with One-Way Fares from ₹1,499

New Delhi – In a move set to delight budget travelers, India’s leading airline IndiGo has launched its much-awaited ‘Monsoon Sale’, offering one-way domestic airfares starting as low as ₹1,499. The limited-period offer aims to boost domestic tourism during the rainy season and provide affordable travel options to passengers. The sale is valid for bookings…

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The tender for manufacturing and maintaining 9,000 hp electric locomotives was executed in a transparent manner

TIT Correspondent info@impressivetimes.com NEW DELHI, 23 JUNE: Indian National Congress held a press conference on 23rd June 2025. In the press conference, various misleading allegations were made against Indian Railways and the production of 9000 hp electric locomotives at Dahod. The actual facts are listed below : Transparent tender process:  The tender for manufacturing and…

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Banking Central| RBI relief on project finance loans is a good step

New Delhi : The Reserve Bank of India’s (RBI’s) final guidelines on project finance, effective October 1, 2025, is good news for everyone. The May 2024 draft rules had stiffer provisioning norms, which the final regulations have eased somewhat. These rules, governing how banks and non-banking financial companies (NBFCs) fund large-scale infrastructure and real estate…

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