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Revised Credit Guarantee Scheme, key to India's manufacturing and self-reliance goals: Piyush Goyal

New Delhi, May 9 -- Union Minister Piyush Goyal sees the revised Credit Guarantee Scheme for Startups (CGSS), as a means to boost domestic manufacturing and will help India in heading towards Aatmanir... Read More


RBI approves the voluntary amalgamation of Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra)

India, May 9 -- The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra). The... Read More


RBI imposes monetary penalty on State Bank of India

India, May 9 -- The Reserve Bank of India (RBI) has, by an order dated April 29, 2025, imposed a monetary penalty of Rs. 1,72,80,000 (Rupees One Crore Seventy Two Lakh Eighty Thousand only) on State B... Read More


RBI imposes monetary penalty on Jana Small Finance Bank Limited

India, May 9 -- The Reserve Bank of India (RBI) has, by an order dated May 07, 2025, imposed a monetary penalty of Rs. 1.00 crore (Rupees One Crore only) on Jana Small Finance Bank Limited (the bank) ... Read More


RAYMOND JAMES & ASSOCIATES, INC. secures contract for Underwriter Services for the 2025 Hawaii Housing Finance and Development Corporation Single Family Housing Revenue Bonds

United States, May 9 -- United States based RAYMOND JAMES & ASSOCIATES, INC. has secured contract from Budget & Finance for Underwriter Services for the 2025 Hawaii Housing Finance and Develop... Read More


Deadline for WHT tax refunds extended

Srilanka, May 9 -- The Inland Revenue Department (IRD) yesterday announced an extension of the deadline for senior citizens to submit applications for quarterly income tax refunds for the assessment y... Read More


TRA, SICPA launch training on Smart DAS App to enhance compliance, efficiency

Tanzania, May 9 -- IN a continued effort to modernise tax administration and enhance compliance among producers of excisable goods, the Tanzania Revenue Authority (TRA), in partnership with SICPA Tanz... Read More


US online casinos break records with $905.6 Million haul in March 2025

New Delhi, May 9 -- The United States' digital gambling sector reached an unprecedented milestone in March, pulling in a record $905.6 million in gross online casino revenue. According to state regula... Read More


TRAI releases spectrum allocation guidelines and prices for Satcom

New Delhi, May 9 -- The Telecom Regulatory Authority of India (TRAI) has released its recommendations for satellite-based commercial communication services. It includes the administrative allocation o... Read More


Titan Company jumps after Q4 PAT climbs 13% YoY to Rs 871 cr

Mumbai, May 9 -- Revenue from operations increased 23.76% year on year to Rs 13,897 crore in Q4 FY25. Profit before tax (PBT) stood at Rs 1,218 crore in Q4 FY25, up 22.91% YoY. EBIT jumped 23.4% to ... Read More