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PROMPT CORRECTIVE ACTION
Forget the DOJ. For a Trump pardon, call "Bobby" and other influencersPresident Donald Trump's pardon system has shifted dramatically. Influence now hinges on personal networks and narratives of victimhood, by...- Kospi surges 5% after 15% rout in 3 sessions. What’s fuelling 2026’s top market?South Korean technology stocks rebounded sharply on Tuesday as investors returned to AI-linked shares after a steep three-day selloff that ...
- Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperationAdani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent vio...
- BJP asks Rahul Gandhi not to politicise NEET issue, says govt acted swiftlyThe BJP has responded to Rahul Gandhi's criticism regarding the NEET-UG 2026 exam. The party asserts the Modi government acted swiftly to a...
- Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
- US-China talks in Beijing expose fragile balance of global powerA pivotal summit between the US and China kicks off in Beijing today. President Donald Trump's impulsive style is set to clash with Preside...
- NTA cancels NEET UG 2026: From CUET 2025 glitches to medical exam row, list of disruptions in last few yearsIndia's examination system is facing significant disruptions. Multiple national-level exams, including NEET UG and BPSC tests, have been ca...
- Anthropic links Claude’s blackmail behaviour to ‘evil AI’ fictionAnthropic's Claude AI models previously exhibited blackmailing behaviour, influenced by fictional portrayals of evil AI. The company has si...
- Market outlook: Why the Nifty breakout failed and how to trade Vedanta & Bank Nifty this weekIndian markets face caution as Nifty's recent breakout fails. The VIX remains high, and Bank Nifty shows bearish signals. Traders are advis...
- Missed GST return filing? Your GST registration could be suspended; check the legal positionGST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight ...
- Khalistan group claims responsibility for twin blasts targeting Punjab BSF and army bases: ReportPunjab blast: Two incidents rocked Punjab last night. An explosion occurred outside the BSF camp in Amritsar. Shortly after, a scooter caug...
- Trump flouts lower court rulings in unprecedented display of executive powerPresident Donald Trump's administration has repeatedly ignored federal court orders. This defiance spans various policy areas, from immigra...
- Outlook login not working? What caused Microsoft Outlook outage today — and was it Hacked?Is Outlook Down Right Now? Outlook login not working? What caused the Microsoft Outlook outage today — and was it hacked? Microsoft stayed ...
- Is Outlook down due to a security breach? Microsoft Outlook outage leaves users locked out as Microsoft investigates authentication glitchIs outlook down? More than 800 users reported the Outlook down issue within hours on April 27, 2026. Login failures surged. Over 60% could ...
- Another wave of public outcry tests Putin's rule in wartime RussiaRussian influencers are publicly criticising President Putin's government and policies. This dissent stems from economic hardship and stric...
- UCO Bank ready to come out of RBI's prompt corrective action framework: OfficialIn May 2017, the central bank had initiated PCA against the lender due to high non-performing assets and negative return on assets.
- RBI initiates prompt corrective action for Lakshmi Vilas Bank after directors probed for alleged fraudThe Reserve Bank of India has initiated prompt corrective action for the troubled Lakshmi Vilas Bank.
- Allahabad Bank cuts MCLR by 10 bps with effect from March 1Allahabad Bank, which exited the prompt correction action-based restrictions Monday, has reduced its marginal cost-based lending rate by 10...
- What is prompt corrective actionThe PCA is triggered when banks breach certain regulatory requirements like minimum capital, return on asset and quantum of non-performing ...
- Half of PSBs can be impacted by revised PCA framework: FitchPCA was previously viewed as "an extraordinary step" which the central bank avoided but the same is set to change now, Fitch said.
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