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Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
- Retirement planning: 7 golden rules you must consider for easy retirementRetirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include acco...
- Prop traders seek relief on margin funding as global rivals up gameIndian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...
- You'll always have mummy-papa bankAfter spending 46 years as a sadhu, an Indian man returned to his hometown, humbly requesting alms from his aging mother. This poignant mom...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
- Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...
- Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
- Sleep on thisIn an ironic twist, a recent trade pact transforms ambitions into dilemmas, leaving society fatigued. Economic indicators show growth, iron...
- India’s AI gap keeps global investors away, but valuations are turning attractive: Punita Kumar SinhaIndia is currently sidelined from the global AI investment boom due to its lack of semiconductor manufacturing. While the Indian IT sector ...
- Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
- EEPC India proposes separate MSME rating system for better funding and global competitivenessEEPC India has urged the government to create a distinct rating system for MSMEs. This new approach would consider their size and operation...
- Sebi panel weighs cap on clearing house dividendsRegulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposa...
- Open MSP procurement, storage to private sector: StarAgri CEOStarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity,...
- Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
- 'Trust, dignity, empowerment': PM Modi celebrates six years of PM SVANidhi scheme, empowers street vendorsPrime Minister Modi on X posted, "Today we mark #6YearsofPMSVANidhi, a scheme which has transformed the lives of countless street vendors b...
- Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...
- Credit keeps its lead over deposits as gold loans shine brightBank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jeweller...
- SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
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