The central government has approved ₹3.6 lakh crore worth of interest-free loans (50-year tenure) to various states under the Special Assistance to States for Capital Investment (SASCI) scheme. These funds are earmarked specifically for state-level capital expenditure (capex), such as infrastructure projects, public works, roads, utilities, etc. Already, 22 states are showing capex growth above […]
In a major market event, the Securities and Exchange Board of India (SEBI) has given the Adani Group a clean chit regarding two core allegations made in the Hindenburg report relating to stock manipulation and related-party transactions. Following the verdict, Adani Group’s market valuation surged by approximately ₹69,000 crore in a single trading session as
The School of Governance and Organizational Understanding (SGOU) recently hosted an insightful seminar titled “AI in Accounting and Finance”, bringing together students, faculty, and industry experts to explore the transformative role of Artificial Intelligence (AI) in the financial sector. The seminar focused on how AI technologies are reshaping accounting and finance functions, from automating repetitive
The Central Government has approved ₹3.6 lakh crore in 50-year interest-free loans to states under the Special Assistance to States for Capital Investment (SASCI) scheme. This assistance aims specifically to boost capital expenditure (capex) at the state level, fostering infrastructure and development projects. Many states are showing strong own-resource capex growth of over 10%, and
apan’s Rating & Investment Information, Inc. (R&I) has upgraded India’s long-term sovereign credit rating from ‘BBB’ to ‘BBB+’ with a Stable outlook. This is India’s third upgrade in 2025 from R&I, driven by robust domestic demand, strong macroeconomic indicators, and disciplined fiscal management. The upgrade is seen as recognition of India’s improving economic fundamentals. This
The government has announced that new Goods and Services Tax (GST) reforms will come into effect from September 22, 2025, which are expected to inject about ₹2 lakh crore into the economy. The reforms include rate cuts and adjustments aimed at increasing disposable incomes for consumers—the idea being to give relief particularly to middle-income households,
The Indian Central Government has approved over ₹3.6 lakh crore in 50-year interest-free loans for states under the “Scheme for Special Assistance to States for Capital Investment” (SASCI). This move aims to boost state-level capital expenditure, particularly in infrastructure, by providing long-term low-cost funding. So far, 22 states have achieved over 10% growth in capex
Ganesh Consumer Products is opening its Initial Public Offering on September 22, 2025, aiming to raise ₹409 crore. The IPO price band has been set between ₹306–₹322 per share. The issue is a mix: a fresh issue component of ₹130 crore, and an Offer For Sale (OFS) of ₹279 crore. The fresh raise will fund
ndia’s financial inclusion journey continues to gather momentum, with the Finance Ministry reporting remarkable progress under its latest initiatives. So far, 61 lakh new bank accounts have been opened and 2.6 crore insurance enrolments recorded, underscoring the government’s focus on bringing every citizen under the umbrella of formal financial services. Strengthening the Foundation of Financial
Hyderabad, India — 1 Finance, a leading financial advisory and wealth management firm, has announced the launch of its new Financial Planning Centre in Hyderabad, marking a significant step in its mission to empower individuals with smarter money management and personalized financial planning. A New Chapter in Financial Empowerment The Hyderabad centre aims to provide
