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RBI CANCELS NBFC LICENCES
PPL India gets statutory backing for licensing sound recording rightsPhonographic Performance (PPL India), representing over 500 music labels, has officially received registration as a copyright society under...- Dubai, Middle East travel warning: Have airlines resumed flight operations?Travel warning for Dubai, Middle East: Iran deal and the imminent reopening of Strait of Hormuz have led to possibility about situation ret...
- New heatwave in France cancels dozens of trainsFrance is experiencing a severe heatwave. Temperatures are expected to reach 40 degrees Celsius. Many trains have been cancelled. Schools a...
- RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit BankThe Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...
- Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
- Qatar introduces new residency rule: What foreign workers need to knowQatar has cut the exit window for foreign workers after residence permit cancellation to just two weeks. Previously, workers had 30 days to...
- Netflix cancels ‘The Boroughs’ after one season: Why the Duffer Brothers-backed sci-fi series won’t returnNetflix has cancelled its science-fiction mystery series, The Boroughs. The show, executive produced by the Duffer Brothers, ran for only o...
- Buying US stocks via Gift City to get easier as Zerodha, Groww, Angel One and Upstox get nodBuying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approva...
- How a Rs 5 dispute ended Indian Railways paying Rs 10,000 as compensationIndian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees in costs. This follows a consumer...
- Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
- Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada VaidyaPrivate sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, bo...
- Netflix ends 'The Lincoln Lawyer' after successful seasons, leaving fans shocked: Why did the OTT giant cancel one of its most popular legal dramas?Netflix has ended the popular legal drama The Lincoln Lawyer. The show, based on Michael Connelly's novels, will not return for a fourth se...
- Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
- RBI imposes restrictions on Mogaveera Co-operative Bank for 6 monthsThe restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...
- PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...
- RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
- Driving licence may remain valid till 50 years of age: Govt plans big change to DL validity, online vehicle transfer processThe Centre is considering a major overhaul of driving licence and vehicle services, potentially extending licence validity until age 50 and...
- 1,128 smugglers arrested in J&K anti-drug drive: LGJammu and Kashmir Lieutenant Governor Manoj Sinha revealed substantial progress in the Nasha Mukt J&K campaign. Over the past 55 days, auth...
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