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14 NBFCs surrender licences to RBI

Mumbai, Oct 12 (SocialNews.XYZ) Reserve Bank of India (RBI) on Thursday said that 14 non-banking finance companies (NBFCs) have surrendered their certificate of registration. These NBFCs include Shivam Hire Purchase & Finvest, Sun Finlease (Gujarat),…


Gangajal exempt from GST, says govt

New Delhi, Oct 12 (SocialNews.XYZ) As the festival season is round the corner, the Finance Ministry clarified on Thursday that ‘Gangajal’, which is holy water from river Ganga, remains exempt from GST. In a clarification…







Kerala to set up 30 private industrial parks

Thiruvanathapuram, Oct 12 (SocialNews.XYZ) Kerala Industries Minister P. Rajeeve on Thursday announced the government’s plan of setting up 30 private industrial parks by December and said that the colleges will be encouraged to establish campus…



Groww surpasses Zerodha in active investor count

Mumbai, Oct 12 (SocialNews.XYZ) Bengaluru-based Fintech startup Groww has shot past the country’s leading discount brokerage company Zerodha in terms of the highest number of active investors. Figures compiled by NSE show that Groww has…











Nifty advances for second straight day

Mumbai, Oct 11 (SocialNews.XYZ) Nifty held on to gains through Wednesday to advance for the second day, helped by positive global cues, said Deepak Jasani, Head of Retail Research at HDFC Securities. At close on…