RAI Financial News
24.02 / 15:55
24.02 / 13:57
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RAI
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Courts
cricket
NCLT nod to appoint Shailendra Ajmera as new resolution professional for Think & Learn
National Company Law Tribunal (NCLT) on Monday approved the appointment of Shailendra Ajmera as the new resolution professional (RP) of the beleaguered edtech firm Byju’s parent Think & Learn.
24.02 / 13:57
markets
UPS
Reuters
Software
RAI
inclusion
RBI eases restrictions on New India Co-operative Bank; Deposit withdrawals up to Rs 25,000 now allowed
Reserve Bank of India on Monday announced its decision to relax the restrictions on New India Co-operative Bank Limited, Mumbai, allowing depositors to withdraw up to Rs 25,000 from their accounts. The decision, effective from February 27, 2025, follows a review of the bank’s liquidity position in consultation with the bank’s Administrator.
24.02 / 12:43
markets
Digital
Software
Bill
Experts
RAI
Parliament panel examining Income Tax Bill holds first meeting
Finance Ministry on Monday briefed the members of a Select Committee of Lok Sabha on various aspects of the Income Tax Bill as the panel headed by BJP MP Baijayant 'Jay' Panda held its first meeting. Sources said the finance secretary told the parliamentarians that the Bill will simplify the existing Act, enacted over six decades back, and make it more user-friendly.
24.02 / 12:43
markets
Provident
President
War
RAI
country
Nordic, Baltic countries pledge more military aid for Ukraine
Nordic and Baltic countries on Monday pledged to increase military aid to Ukraine, three years after the country was invaded by Russia. The announcement came as leaders of Nordic and Baltic countries visited Kyiv, reiterating their support for Ukraine.
24.02 / 12:43
24.02 / 12:21
markets
Digital
Software
RAI
information
rights
Blackstone withdraws petition against Aakash Institute on changes in shareholder rights
NCLT) has approved private equity firm Blackstone's request to withdraw its petition against Aakash Institute. Blackstone, a minority investor in Aakash, informed the tribunal on Monday about its decision to withdraw the case against the coaching centre operator without disclosing the details.
24.02 / 12:21
markets
Citi
Reuters
Platform
Nestle
RAI
Nescafe
Nestle India considering price hikes to counter commodity inflation, executive says
Nestle India will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales coming in, a top executive said on Monday.
24.02 / 10:51
24.02 / 09:51
24.02 / 09:51
24.02 / 09:51
markets
Target
Digital
Software
Experts
RAI
Railways will achieve 100 pc electrification in FY26: Ashwini Vaishnaw
Ashwini Vaishnaw said on Monday. In a virtual address at the MP Global Investors Summit (GIS) 2025 after the signing of a power purchase agreement with the state, Railways Minister Vaishnaw said the government has set a target of making railways net zero by 2030.
24.02 / 06:15
markets
students
RAI
Discrimination
rights
Bangladeshi students, who ousted former PM Hasina, set to launch political party
Bangladeshi students, who were at the forefront of last year's protests that ousted then Prime Minister Sheikh Hasina, are set to launch a political party this week, two sources with direct knowledge of the development said.
24.02 / 06:15
markets
UPS
Experts
RAI
performer
recommendations
34 equity mutual funds turn Rs 10,000 SIP up to Rs 8 crore in 25 years
equity mutual funds have turned Rs 10,000 monthly SIP up to Rs 8 crore in the last 25 years. Only these 34 schemes have completed 25 years of existence in the market.
24.02 / 03:45
markets
Digital
CEO
Software
RAI
reports
Australia's WiseTech sinks after directors step down over differing views on founder's role
WiseTech Global said on Monday four of its non-executive directors have decided to step aside owing to differing views around the role of the company's billionaire founder and former CEO Richard White, sending its shares tumbling 18%.
24.02 / 03:45
markets
Manufacturing
Apple
RAI
show
electronic
Equality
US tariffs to hit exports of made in India iPhones, auto parts
While a recent decision of the Trump administration to slap a 10% duty on Chinese electronics imports is good news for Indian manufacturing.
24.02 / 02:03
24.02 / 02:03
markets
Election
Universities
RAI
DAL
Bihar: PM Modi to release 19th instalment of PM KISAN in Bhagalpur
Narendra Modi will visit Bhagalpur today, where he will release the 19th instalment of Kisan Samman Nidhi, prioritising the welfare, happiness, and prosperity of farmers. PM Modi will also address a public rally ahead of the 2025 Bihar elections at the Airport Ground.
24.02 / 02:03
24.02 / 01:11
markets
Digital
Software
Experts
RAI
What is the difference between registration and mutation of property?
If you buy an immovable property in India, you need to legalise the transfer of ownership by registering it with the government. This is true of any kind of property transfer, whether it is bought, inherited, gifted or passed on through a will. Unless the property is registered in the name of the person to whom it has been transferred, he will not be recognised as the legal owner. Trump-Modi MeetThe mega MIGA, MAGA plans of I
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