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MONEY CHANGERS LICENSING RBI
Wimbledon announces record 20% rise in prize moneyWimbledon has unveiled a record prize money fund of over 64 million pounds for this year's tournament. This represents a significant 20% in...- Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
- HC restores pilot's license revoked 15 years ago, says DGCA's suspension order 'illegal'The Bombay High Court quashed a 2011 DGCA order suspending a pilot's license, deeming it illegal for violating natural justice principles b...
- Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
- FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investmentIndian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. ...
- We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
- RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
- Top corporate bonds, long gilts can be a good play as RBI holds ratesThe RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hik...
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
- Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
- Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
- RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
- RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
- AMFI bars Stable Money from distributing mutual funds for six monthsFintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mutual funds until November 2026. The...
- Drug companies directed to step up vigil on adverse reactionsIndia's drug regulator, CDSCO, has mandated all drug companies to establish systems for tracking adverse drug reactions. This move comes am...
- Reliance traders said to game plan in case RBI raises ratesReliance Industries' treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Rese...
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