Suryoday Small Finance Bank Limited on September 30, 2025, announced that it has received ₹313.89 crore from the National Credit Guarantee Trustee Company (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme. Claim Settlement The claim corresponds to the first interim claim for Base Year 2023–24.…
Housing and Urban Development Corporation Limited (HUDCO) has reported strong growth in loan sanctions and disbursements for the half year ended September 30, 2025, highlighting robust demand and improved financial performance. Loan Sanctions and Disbursements Surge Against total loan sanctions of ₹1,27,952 crore in FY25, HUDCO recorded ₹92,709.60…
The government has decided to keep interest rates on popular small savings schemes such as the Public Provident Fund (PPF) and the National Savings Certificate (NSC) unchanged for the October–December 2025 quarter, marking the seventh consecutive quarter of status quo. Rates Remain Steady Across Schemes According to the…
The Enforcement Directorate (ED) on Tuesday carried out searches at six locations linked to Reliance Infrastructure (R Infra) in Maharashtra and Madhya Pradesh as part of an ongoing probe under the Foreign Exchange Management Act (FEMA). The investigation, according to official sources, relates to alleged irregular foreign remittances…
The Competition Commission of India (CCI) has granted in-principle approval to Naveen Jindal-led Jindal Power Ltd to acquire the debt-laden Jaiprakash Associates Ltd (JAL), subject to the company securing a winning bid in the ongoing insolvency process. The approval marks a crucial step in the corporate insolvency resolution…
India’s fiscal deficit reached ₹5.98 lakh crore during the first five months of FY26 (April–August), accounting for 38.1% of the full-year target of ₹15.68 lakh crore, as per official data released on Tuesday. The fiscal deficit, which tracks the gap between the government’s total expenditure and receipts (excluding…
The Securities and Exchange Board of India (SEBI) has extended the implementation timeline for the rollout of algorithmic (algo) trading for retail investors, offering brokers additional time to comply with the regulatory framework. The move reflects SEBI’s effort to balance innovation with investor protection, ensuring that the adoption…
Pharma & Healthcare Headlines Pfizer Secures 3-Year Tariff Relief Pfizer Inc. has received a three-year reprieve from the US pharmaceutical import tariffs imposed by former President Donald Trump. The 100% tariff is set to take effect from October 1, but Pfizer will remain exempt for the next three…
View on market: Volatility persists, eagerly searching for growth: Asian stock markets slipped slightly in quiet trade as exchanges in China and Hong Kong remained shut for holidays. U.S. markets ended higher overnight, with all three main indexes posting small gains. Investors were relieved as worries about an…
EyeROV, a deep-tech startup specialising in underwater robotics, has secured a ₹47 crore contract from the Indian Navy to supply advanced Underwater Remotely Operated Vehicles (UWROVs). The systems will enhance the Navy’s capabilities in underwater surveillance, reconnaissance, and other specialised missions. Deal Overview The contract covers EyeROV’s indigenously…
