From upcoming financial year onwards, all schemes’ funds must flow via single nodal agency: FM Sitharaman

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Finance Minister Nirmala Sitharaman has instructed the Department of Expenditure to route all funding for schemes through a single nodal agency from the next fiscal year. She emphasized the role of the CGA to support states in adopting this system, which has already saved over Rs 11,000 crore since 2021-22.

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Sebi permits all NBFCs, HFCs to invest in security receipts by Asset Reconstruction Cos

Markets regulator Sebi has allowed all non-banking financial companies (NBFC), including housing finance companies, to invest in security receipts issued by Asset Reconstruction Companies (ARCs),

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I have Rs 2 crore in FDs—Why is that a bad thing? Reddit debate unpacks investment strategy amid market crash

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