Punjab National Bank is setting its sights on an ambitious Rs 30 lakh crore in total business by the fiscal year’s end. With a noteworthy 11.6 per cent growth in total business reported for Q1, the bank is optimistic about…
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The Institute of Chartered Accountants of India (ICAI) and the Indian Association of Gold Excellence and Standards (IAGES) have partnered to establish an accreditation framework for the gold industry’s value chain. This collaboration aims to standardize processes and improve governance…
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To improve how insurance complaints are handled, IRDAI has suggested each insurer have an internal ombudsman. This aims to address the high number of unresolved grievances reported through the Bima Bharosa portal and the Council for Insurance Ombudsmen. The internal…
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An IT giant’s recent layoffs prompted a deeper look at BFSI hiring that slowed a year ago due to RBI’s regulatory tightening, automation, and cost pressures. Yet, roles in sales, collections, EKYC, cybersecurity, and analytics are seeing traction. Another green…
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Global trade shifts present an opportunity for India’s textile sector. US-China trade changes benefit Indian businesses. Orders are diverting to India. But India faces challenges like high cotton prices and logistics issues. Government support and focus on sustainability are crucial.…
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Nayara Energy faces challenges due to sanctions linked to Rosneft’s stake. The company is offering its petrol and diesel export volumes to Indian Oil Marketing Companies. Refinery run rates have been reduced to around 80 per cent.
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