NEW DELHI : The finance ministry is likely to come out with the next tranches of CPSE and Bharat-22 exchange-traded funds (ETF) in the previous quarter of the current financial year in its efforts to meet ambitious disinvestment target of over ₹1 trillion. Based on the realisation of the disinvestment process inRead More →

Jana Small Finance Bank recognised 3 extraordinary women at the Financial Inclusion Conclave who have turned their adversity into an opportunity to become economically self-sufficient The Financial Inclusion Conclave organised by Jana Small Finance Bank in partnership with Times Network brought together policy makers and industry leaders on a singleRead More →

New Delhi: Digital payments company Paytm has appointed ex-Goldman executive Amit Nayyar as president, financial services business. Reporting to Vijay Shekhar Sharma, founder and CEO of Paytm, Nayyar will lead the company’s efforts to further its footprint in lending, insurance, wealth management and broking businesses, the company said in a statement. “As we focusRead More →

Are you a salesperson? “Of course not. I am an accountant (or something else).” That’s the common internal story of most professionals. You may not realise that you are always a salesperson irrespective of your job description. Sales is the process of communicating the value of something. Without the ability to convey value, no employeeRead More →

The Prime Minister’s Office (PMO) and the finance ministry are in talks over the foreign portfolio investments (FPI) surcharge issue, a government official told CNBC-TV18. After the Union Budget announcement in July, there was a meeting held by the finance ministry’s Department of Economic Affairs (DEA) where issues and representationsRead More →

The Consumer Financial Protection Bureau yesterday announced its intent to allow the expiration of a major provision of the Ability to Repay mortgage lending rules established by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The change could have serious implications for mortgage and housing markets. The Ability to RepayRead More →

The Nifty index fell by 177 points or 1.53 per cent on Friday to close at 11,419. The Sensex was down 560 points, closing at 38,337. The fall in both these indices is in addition to the over 2.5 per cent fall they witnessed in two trading sessions immediately followingRead More →