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RBI releases final guidelines on marketing, sales incentives of financial productsRBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...- EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
- Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
- ETMarkets Smart Talk | RBI's FPI reforms and index inclusion could unlock up to $25 billion in debt inflows: Dhawal Dalal of Edelweiss MFIn an interaction with Kshitij Anand of ETMarkets, Dhawal Dalal, President & CIO – Fixed Income at Edelweiss Mutual Fund, said the combinat...
- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- 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...
- Dollar steadies on ceasefire prospects, PPI eases pressure on FedThe dollar strengthened Friday after President Trump's decision to cancel planned attacks on Iran, suggesting a potential ceasefire deal. T...
- ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
- Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
- India inflation likely rose to 4% in May as food, fuel costs climbIndia's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegetable prices and increased fuel cost...
- GIFT Nifty falls over 300 pts; here's trading setup for the dayIndian stock markets are set for a range-bound week. Investors are reacting to the RBI's updated economic forecasts and growing global risk...
- FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
- RBI proposes tighter disclosure norms for deposit rates, links bulk deposit pricing to liquidity rulesThe Reserve Bank of India is proposing new rules for bank deposit interest rates. Banks will need to publish their rates daily. They can al...
- RBI says 4% inflation target not in abeyance; future rate action tied to price persistenceReserve Bank of India Governor Sanjay Malhotra confirms the 4 percent inflation target remains unchanged. He raised the FY27 inflation fore...
- RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...
- Why the RBI kept rates unchanged amid oil, rupee and geopolitical pressuresRBI Repo Rate: The Reserve Bank of India has maintained its key interest rate at 5.25%. This decision prioritizes economic growth as inflat...
- Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...
- US Stock Market: Fed may need tighter policy as inflation risks persistDallas Federal Reserve President Lorie Logan indicates U.S. monetary policy might not be restrictive enough to meet the 2% inflation target...
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