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Top finance stories of the day

All you need to know about Govt's 100% collateral free MSME loan scheme. Over 1 lakh national IDs including Aadhaar, PAN card of Indians put on dark net for sale. Best places to learn new skills right now.

Here are our top 10 finance news of the day you could use:


ECLGS: All you need to know about Govt's 100% collateral free MSME loan scheme

The Finance Ministry on Wednesday said that loans worth Rs 10,361.75 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) have already been sanctioned by public sector banks. Read more

Fugitive businessman Vijay Mallya to be flown, lodged in Mumbai on extradition

On extradition to India, Vijay Mallya would be flown to Mumbai as the case against him was registered there, sources in the investigative agencies disclosed to IANS on Wednesday. Read more

SoftBank launches $100 million fund investing in 'people of colour'

 SoftBank Group Corp is launching a $100 million fund to invest in "companies led by founders and entrepreneurs of colour", in the latest corporate action as protests roil the United States. Read more

Over 1 lakh national IDs including Aadhaar, PAN card of Indians put on dark net for sale: Cyber

Over 1 lakh scanned copies of Indians' national IDs, including Aadhaar, PAN card and passport, have been put on dark web for sale, cyber intelligence firm Cyble said on Wednesday. Read more

Google faces lawsuit for allegedly collecting user information without their consent even when browsing in private mode

Google violated federal wiretap laws when it continued to collect information about what users were doing on the internet without their permission even though they were browsing in so-called private browsing mode, according to a potential class-action lawsuit filed against the internet giant on Tuesday. Read more

Nisarga cyclone: 10 things to do if your car is submerged in water

Immersion in water can wreak havoc on a car, especially its engine, electrical system, and interior. While India braces itself for another cyclone in the form of the Nisarga, there might be some concerns over what should be done if the car gets flooded. Read more

Loan against shares in India: Know all about it

Initially meant to serve only market operator, loan against securities also referred as LAS is also exploited also to a great deal. And to some extent some of the scandals that have come forth in the last one year primarily Karvy Stock Broking have something to do with stock against shares. Read more

Best places to learn new skills right now

Whether it’s a new language or a new skill, now may very well be the best time to pick one up. Sure, we understand that every single waking hour of your day, which is not spent in front of the computer, working, is probably spent doing the dishes but should you find yourself wondering what you could do with an extra half hour a day, we’d say redirect your browser here: Read more

31 flights cancelled, trains rescheduled: Nisarga hits Mumbai's connectivity after COVID-19 woes

A total of 19 flights, including 11 departures and eight arrivals, will be handled by Mumbai's Chhatrapati Shivaji Maharaj International Airport on Wednesday as Cyclone Nisarga is set to hit the financial capital. Of the scheduled 50 flights, 31 have been cancelled. The remaining planes will be operated by AirAsia India, Air India, IndiGo, GoAir and SpiceJet. Read more

China makes hay while US burns, weaves opportunistic narrative to hit out at rival and mask its own shortcomings

The cartoon shows the Statue of Liberty cracking into pieces, a police officer breaking through its copper robe. A man's head lies on the ground in front of the White House, its facade splattered with blood. Read more

Reliance Industries rights issue becomes world's biggest by non-finance co in 10 years

Reliance Industries Limited's (RIL) mega Rs 53,124 crore rights issue is the largest in the world by a non-financial issuer in the last 10 years, according to data from Dealogic. Read more