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HC seeks govt reply on auto TDS refund pleaThe Delhi High Court has asked the government for its response on a plea. This plea seeks automatic tax deducted at source refunds for indi...- Regulators weigh bringing insurance surety bonds under RBI's CRILCFinancial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and...
- Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...
- Bambu Lab formally enters India, launches A2L large-format desktop 3D printer at Rs 48,999Bambu Lab has made its debut in India with the launch of the A2L 3D printer. This open-bed desktop model boasts increased build volume, pro...
- $25 billion FII comeback? HSBC explains why foreign money may return to IndiaHSBC says India could attract up to $25 billion in foreign equity inflows if underweight global emerging-market funds restore allocations t...
- RBI MPC Meeting at a Glance: Your one-stop guide for all key decisionsRBI MPC Meeting at a Glance: The Reserve Bank of India has decided to uphold its policy repo rate at 5.25 percent, a choice made after cons...
- SoftBank-backed OfBusiness is said to explore reviving IPOBeyond SoftBank, backers also include Tiger Global Management, Norwest Venture Partners, Matrix Partners, and Falcon Edge Capital, accordin...
- SoftBank-backed OfBusiness revives IPO plans, eyes up to $800 million issueSoftBank-backed OfBusiness is reviving its IPO plans, aiming to raise up to $800 million through a mix of fresh issue and offer for sale am...
- AI could slow affluent India; QSRs, credit cards may show stress first: BNP Paribas’ Kunal VoraComing to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in ...
- Lack of proper training in credit monitoring among reasons for frauds: CVC to banksThe Central Vigilance Commission has advised banks on training to prevent frauds. Lack of proper credit appraisal and monitoring is identif...
- How AI Is transforming SaaS pricing and shifting enterprise spending to labor budgetsAI is transforming SaaS pricing from charging for software access to charging for work completed. As AI agents automate enterprise tasks, v...
- Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
- No guidelines to regulate online astrology platforms: Consumer affairs department to CICThe CIC directed the department to provide details of any investigation, disclose complaint figures and transfer parts of the RTI applicati...
- RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
- Indian Museum joins hands with IIT-Kharagpur for use of 'AI-based restoration' of artefacts: GovtThe Indian Museum in Kolkata is using AI for artefact restoration and digital preservation. This initiative aligns with the vision of promo...
- PNB credits Rs 100 crore in a West Bengal woman's account instead of LPG subsidy leaving her in shockA zari worker discovered nearly one hundred crore rupees credited to her bank account. Her account was subsequently frozen, preventing dail...
- Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
- RBI issues revised Basel Pillar 3 disclosure framework for commercial, small finance and payments banksThe Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through...
- APAAR ID explained: What it is, how to apply, why it was introduced, and what the SC saidThe Supreme Court has directed CBSE to examine data protection concerns regarding the APAAR ID scheme. It also mandated that APAAR ID gener...
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