Inclusion Financial News

Subscribe to enjoy similar stories. The world is at a crossroads.

However, elevated valuations and cheaper alternatives in other emerging markets, such as ASEAN and Latin America, could constrain these inflows.

Subscribe to enjoy similar stories. As India steps into its Amrit Kaal, the world appears increasingly uncertain and fraught with unknown unknowns. While global challenges require nimble course correction, they must not deter us from aiming high and using the window of opportunity that India has got.

Subscribe to enjoy similar stories. After two consecutive quarters of sluggish economic growth, policymakers and economists are banking on a turnaround in the second half of the fiscal year, driven by increased government spending, a boost from the ongoing festive season, and resilient rural consumption.

markets has surged with female accounts for nearly 1 investor in every 4 new investors in markets, says a report by State Bank of India. The report also noted that as participation in markets is increasing nearly 30 million new demat accounts being added annually since 2021.

Subscribe to enjoy similar stories. Zomato will make history on Monday as the first new-age tech stock to be included in the prestigious BSE Sensex, replacing JSW Steel in a half-yearly rebalancing of constituents. This signals a significant shift in the Indian business landscape.

Cummings' statements came as the IA's How investment management supports UK growth report found over 15 million UK adults have investable assets worth more than £10,000, with more than half owning at least three-quarters of them in cash. According to the IA CEO, «this means they are missing out on the potential investment growth while being exposed to the detrimental impact of inflation», which has led to a drop in the real value of investments in cash individual savings accounts (ISAs). Number of ISA millionaires hits all-time high of nearly 5,000 «If these consumers had put £10,0...

American Airlines said Thursday it has settled a federal race discrimination lawsuit filed by three Black men who were ordered to deboard a flight last January

Micro and Small Enterprises (CGTMSE) marked a significant milestone by hosting a felicitation of MLIs and MSE Beneficiaries on approving 1 crore guarantees. The event was held at SIDBI Swavalamban Bhavan in the presence of Manoj Mittal, Chairman & Managing Director, SIDBI & Chairman of CGTMSE, Sudatta Mandal, DMD, SIDBI, Manish Sinha, CEO CGTMSE along with guests from State Bank of India, HDFC Bank and Union Bank. The occasion celebrated the achievements of CGTMSE’s commitment to fostering financial inclusion and empowering small businesses. The occasion was graced by the Chairman who felicitated the three Micro and Small Enterprises (MSE) borrowers — Gauri Deepak Samudre proprietor of UNIQUE DIGITAL PRINTING, Meet Yogesh Sanghvi, promoter of KEMKO TITANIUM PRIVATE LIMITED and MVGS Anil Kumar, CFO of HIGHNESS MICROELECTRONICS PVT LTD. These borrowers were supported by three leading Member Lending Institutions (MLIs) — Union Bank, State Bank of India and HDFC Bank respectively, whose contributions were instrumental in making this accomplishment possible. Speaking at the event, Mittal emphasized the transformative impact of credit guarantees on the MSE ecosystem, enabling businesses to access funding without collateral, third party guarantee and achieve sustainable growth. Anindya Sunder Paul, CGM, State Bank of India, Sanjay D'Souza, Group Head, HDFC Bank and G K Sudhakar, Rao, GM MSME, Union Bank also shared insights on strengthening the MSE sector and nurturing entrepreneurship through collaborative efforts.

InterGlobe Aviation (IndiGo) and SpiceJet are likely to remain in focus today as the government, in its 55th GST Council meeting, may consider bringing ATF under the GST's ambit. As ET reported earlier, the 55th GST Council meeting is likely to discuss the possibility of bringing aviation turbine fuel (ATF) under the Goods and Services Tax (GST) regime, a significant development for the aviation sector.

Diageo is rolling out multiple initiatives to drive diversity and inclusion in India, says Caroline Rhodes, global HR director — learning and inclusion at the London-headquartered alcohol beverages company. On a recent visit to India, she talked to ET’s Brinda Sarkar about Diageo’s outlook towards inclusion and diversity, employee well-being and how critical India is in the context of global operations. Edited Excerpts: What are your growth plans for India? India is such a critical part of our business. We’re at about 1,400-odd corporate employees (in India), and an equal or so number in our manufacturing units across the country. Our product portfolio here is interesting because it’s not just the Diageo products we sell including Johnnie Walker, Tanqueray, Gordon’s, and Baileys, but also a large part of the United Spirits portfolio that we inherited. McDowell’s is the largest selling whiskey in the world, and with Royal Challenge there is the affiliation to the RCB men’s and women’s cricket teams.

A popular social media influencer has issued an apology after a Swedish tabloid published a report saying she created a work environment filled with fear and psychological pressure at her fashion brand

G20’s role in fostering an equitable, sustainable, and inclusive world, remarked Ambassador Anil Sooklal, South Africa's High Commissioner to India. Sooklal was the key note speaker at an event in the Indian capital. “As we reflect on Africa’s role in global governance, we are reminded of the African philosophy of Ubuntu–a principle that celebrates our shared humanity and interconnectedness: ‘I am because we are’”, said Pradeep S Mehta, Secretary General of CUTS International in his opening remarks at an event on the ‘The Future of G20 and Africa’ held in New Delhi early this week.

Aye Finance, a non-banking financial company, has filed draft papers with the markets regulator Sebi to raise Rs 1,450 crore through its Initial Public Offering (IPO). The Gurugram-based company's proposed IPO is a combination of a fresh issue of shares worth Rs 885 crore and an Offer for Sale (OFS) of Rs 565 crore by corporate and individual selling shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. A91 Emerging Fund I LLP, Alpha Wave India I LP, CapitalG International LLC, CapitalG LP, LGT Capital Invest Mauritius PCC, MAJ Invest Financial Inclusion Fund, Harleen Kaur Jetley and Vikram Jetley are offloading shares in the OFS.

Bitcoin rose to a record high on president-elect Donald Trump’s support for digital assets and optimism about the upcoming inclusion of MicroStrategy Inc., an accumulator of the token, in a key US stock gauge.

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Zomato is projected to witness inflows of about $513 million next week as the food delivery giant is set to enter BSE Sensex’s 30-share frontline index on December 23 as part of the planned rejig, brokerage firm Nuvama said. The food delivery giant’s index inclusion would make Zomato the first new-age tech stock to enter the 30-share frontline index. Meanwhile, JSW Group’s shares will exit the index as part of the planned rejig to make way for Zomato.

Subscribe to enjoy similar stories. The Securities and Exchange Board of India (Sebi) has introduced a landmark proposal to bring retail investors into the realm of algorithmic (algo) trading—a domain traditionally dominated by institutional players. With advantages such as faster trade execution, enhanced risk management, and cost efficiency, algo trading has the potential to transform retail participation in India’s capital markets.

The meetings occurred as regional and global powers scramble for influence over whatever government replaces Assad, forced to flee a week ago. Blinken said at a news conference that the group had agreed on a joint communique that also calls for an inclusive and representative government that respects the rights of minorities and does not offer «a base for terrorist groups».

Resources have to be used to uplift underprivileged sections of society, ensure financial inclusion, reduce regional disparities, strengthen defense capabilities, provide quality education, and much more. It then becomes essential for a well-planned budget for any government to achieve economic stability and growth.

Reserve Bank of India (RBI) has enhanced the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs 2 lakh, effective January 1, 2025, a move aimed at supporting small and marginal farmers amid rising input costs. The new directive instructs banks nationwide to waive collateral and margin requirements for agricultural and allied activity loans up to Rs 2 lakh per borrower. According to the agriculture ministry, the decision comes in response to the rising input costs and the need to improve credit accessibility for farmers. «This measure will significantly benefit over 86 per cent of farmers who are small and marginal landholders,» the statement said. Banks have been instructed to implement the guidelines swiftly and ensure widespread awareness about the new loan provisions.