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Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...- Examination system in crisis: The urgent need to shift focus from cost to capabilityRecent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over e...
- Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...
- The cheapest degree abroad may not be in English and Indian students are finally figuring that outIndian students are shifting their focus to European and Japanese universities. This trend is driven by lower tuition fees and the necessit...
- Big relief for residents: HC tells builder to demolish illegal construction in setback area over missing fire NOCBengaluru apartment owners secured a major win as the Karnataka High Court ordered a builder to demolish illegal construction. The construc...
- DGCA officials to conduct on-site inspections of IndiGo operations across 11 airportsDGCA officials are conducting on-site inspections at 11 domestic airports to assess IndiGo's operations amid widespread disruptions. These ...
- IISc-incubated L2MRail’s lab to develop AI-led solutions for rail safetyThe unit will be used to design AI-led deep-tech systems, besides creating rail-specific base AI models to bring accidents down to zero by ...
- RBI bars Edelweiss ARC from acquiring assets, cites supervisory concernsThe Reserve Bank of India (RBI) banned Edelweiss Asset Reconstruction Company Limited (EARCL) from acquiring financial assets due to concer...
- Some Indian ARCs are circumventing rules, says RBI's SwaminathanRBI Deputy Governor Swaminathan J. disclosed in a recent speech that some Indian Asset Reconstruction Companies (ARCs) have been skirting r...
- 4 ways banks are overcharging borrowers on loan interest rates, as per RBIDate for interest charging by banks: The Reserve Bank of India did onsite review of banks and other financial institutions to check how len...
- NBFC supervision to cover auditors, banks, rating cosRegulator looks to prevent defaults and ensure broader financial stability.
- NBFC supervision to cover auditors, banks, rating companiesIt has taken steps to strengthen the supervision of NBFCs, rating companies and auditors, which will ensure that these functions are carrie...
- Every move you make, every bond you break... RBI’s watching NBFCsIncreases frequency and granularity of its oversight engagements with big NBFCs.
- Systemically important NBFCs to come under tighter RBI scrutinyRBI will make concerted efforts this year to strengthen supervision of NBFCs.
- Sebi gets suggestion on algo trade from US SECSebi is also looking to strengthen its regulation for co-location facility and algo trading.
- RBI to put in place early warning system to track bank healthThe central bank is also proposing to set up a Central Fraud Registry as a searchable centralised database for use by banks.
- RBI signs cooperation pact with central bank of Australia, NZThe Reserve Bank has signed cooperation agreement with central banks of Australia and New Zealand for exchange of information.
- Budget 2013: Clarity on tax issues related to R&D centres in IT soon"We have issued a circular covering IT sector exports and will shortly issue a circular covering development centres," FM said in his Budge...
- Tatra truck supply deal: Vectra Chairman Ravinder Rishi provides documents to CBIVectra Chairman provided to the CBI some key documents related to Tatra all terrain vehicle deal during his questioning by the agency offic...
- RBI to meet banks soon on issue of rising bad loans"Stress sectors are well known, the issues which are there. But we don't think there is a great concern as of now," Reserve Bank of India D...
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