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RBI FEB 12 CIRCULAR
Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...- Govt waives customs overtime charges for cruise passengersInternational cruise passengers will no longer pay merchant overtime charges for customs clearance. This decision aims to boost cruise tour...
- Mike Trout homers as LA Angels shut out Arizona Diamondbacks 7-0The Los Angeles Angels secured a dominant 7-0 victory against the Arizona Diamondbacks. Mike Trout was instrumental with a two-run home run...
- 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...
- PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
- ED searches at 17 locations in corporate insolvency process caseThe Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The in...
- SGB delivers 219% return on premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.19 lakhThe Reserve Bank of India has set the premature redemption price for Sovereign Gold Bonds 2020-21 Series-III. Investors can redeem these bo...
- RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
- New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
- A history of Iran's nuclear programme and tensions with the US as an interim deal is reachedA landmark interim deal between the United States and Iran aims to end a protracted war and reopen the vital Strait of Hormuz. This agreeme...
- FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
- Shipping authority directs placement agencies to restrict deployment of Indians in conflict zoneIndian seafarers are being restricted from deployment to conflict zones. This directive follows a US military strike on a commercial vessel...
- 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...
- Delhi Police mandates joint foot patrols on weekends, two weekdaysThe circular, issued by Commissioner of Police Sanjay Arora to senior officers across district and traffic units, aims to enhance public sa...
- Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risksIndia's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, r...
- 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 ...
- RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
- Former Maharashtra minister files plea in Supreme Court against CBSE's 3-language rule for Class 9 studentsA fresh plea filed by Dr Fauzia Khan, an educationist and former Maharashtra ministerhas been filed at the Supreme Court challenging the CB...
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
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