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MUMBAI: India’s bank depositor remains the predominant source of credit to the commercial sector, but their relative contribution is steadily declining as credit growth outpaces deposit mobilisation, data for Dec 2025 show.As of Dec 2025, total outstanding credit to the commercial sector (bank and non-bank) rose to Rs 297.9 lakh crore, while bank deposits stood…
The Union Cabinet on Wednesday approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31, along with an extension of government funding support for promotional, developmental and gap-funding activities, according to an official statement issued by the government.The decision, cleared by the Cabinet aims to strengthen old-age income security for unorganised sector…
NEW DELHI: Security agencies have flagged a sophisticated “crypto hawala” network allegedly being used to bypass the country’s financial safeguards to funnel untraceable foreign funds into Jammu and Kashmir, raising concerns that the money is being used to finance terror activities in the Union territory, officials said on Sunday.The development has put the security establishment…
Phoebe Gates with her father Bill Gates Phoebe Gates, daughter of Bill Gates, revealed a question from investors that repeatedly frustrated her while raising funds for her startup, Phia. In her early twenties and fresh out of college, Gates expected meetings with venture capitalists to focus on business plans, growth and funding. Instead, she and…
Deloitte India has urged the government to use the FY27 Budget to strengthen India’s trade resilience by expanding export credit and concessional financing for MSMEs, while also earmarking funds for exploration and overseas access to critical minerals, according to its Budget expectations released on Friday .Highlighting the central role of small enterprises in the economy,…
A case has been registered against three persons for allegedly cheating Bollywood actor and filmmaker Deepak Tijori of Rs 2.5 lakh on the pretext of arranging funds for his upcoming film, a police official said on Thursday, as reported by PTI.According to the police, Tijori was actively looking for financial backing for a new project…
BENGALURU: India’s deeptech funding rose in 2025 even as investor risk appetite tightened, with capital flowing to fewer companies, at later stages, and in larger cheque sizes. The shift lifted overall funding levels despite a sharp fall in the number of deals, highlighting a move towards selectivity and concentration rather than a broad-based return of…
LONDON: The UEA has removed Britain from the list of countries Emirati students can study at on government scholarships due to fears of radicalisation by Muslim Brotherhood on university campuses.The UAE ministry of higher education and scientific research maintains an approved list of universities and majors eligible for scholarships for Emirati students studying abroad. The…
Microsoft’s chief scientist, Eric Horvitz, has expressed concern over the Trump administration’s decision to slash billions in funding for colleges and universities. He has issued a warning that the cuts in US federal funding cuts for academic research may permanently surrender America’s lead in the global AI race to international rivals like China. According to…
49 Crypto Exchanges, majority based in India, registered with financial intelligence unit (FIU) which works under ministry of finance, in fiscal year 2024-2025. Such a move comes as part of the country’s efforts to combat money laundering and prevent terrorist financing risks in the digital currency sector. It comes as a strategic analysis of suspicious…
