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UPPER LAYER NBFC CLASSIFICATION
NHB probing Aavas Financiers over loan classification lapsesThe sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...- Butterscotch fans should be wary of tiramisù's treatment of trifleA culinary battle is brewing as Italian tiramisù appears to be overshadowing its British counterpart, trifle. While both desserts feature l...
- No plastic or metal, only bamboo and palm leaves: Meghalaya’s 100-year-old umbrellas do not have a handle but can protect you from heavy rainsMeghalaya, India's wettest region, faces heavy monsoon rains. Locals have a unique solution: knups, hand-crafted rain shields made from bam...
- In 1879, 8-year-old María de Sautuola looked up in a Spanish cave and saw bison painted 36,000 years ago; scientists rejected her father's claim for 23 yearsIn Altamira Cave, Spain, a young girl's innocent curiosity uncovered breathtaking Ice Age artwork. By simply glancing upwards, she illumina...
- How four teenagers accidentally discovered a 19,000-year-old cave filled with more than 2,000 ancient paintingsIn 1940, a dog led Marcel Ravidat to the Lascaux cave, revealing thousands of prehistoric paintings dating back 17,000-19,000 years. These ...
- Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
- Vedanta Iron and Steel shares hit 5% upper circuit for fourth straight day, surge 20% since listingVedanta Iron & Steel shares hit the 5% upper circuit for a fourth straight session, extending gains to over 20% since listing. The rally ha...
- Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...
- Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share saleTurtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue o...
- Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada VaidyaPrivate sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, bo...
- Schneider shares hit upper circuit on parent co's AI dealSchneider Electric Infrastructure shares saw a significant jump. This followed an announcement by its French parent, Schneider Electric. Th...
- World's hottest stock market turns focus to MSCI momentSouth Korea's stock market is nearing a significant milestone. Investors are watching for a potential upgrade to developed-market status by...
- Alfredo sauce recall: Product sold in 41 US states gets FDA's highest-risk warning over possible Salmonella contaminationAlfredo sauce recall is underway across 41 states. The US Food and Drug Administration has classified this as a Class I recall, its most se...
- South Korea’s world-beating stock market eyes its MSCI momentNow investors are awaiting MSCI Inc.’s annual market-classification review on June 23, when the index provider will decide whether Korea fi...
- China issues guidelines on financial services data amid broader cybersecurity pushThe Cyberspace Administration of China said data would be classified into four levels-core, important, sensitive general and routine genera...
- India successfully demonstrates BMD capability to take down hostile ballistic missilesIndia has successfully demonstrated its advanced multi-layered Ballistic Missile Defence system (BMD). Recent flight-tests confirmed the ca...
- Tata Sons board meets to approve FY26 accountsThe Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and...
- In 1987, the world swapped ozone-destroying CFCs for safer refrigerants; nearly 40 years later, scientists found the switch had been quietly raining a forever chemical across the planetChemicals meant to protect the planet are now causing a new issue. Replacements for ozone-damaging CFCs are forming a stubborn chemical, TF...
- RBI to soon release revised list of upper-layer NBFCs: GovernorThe Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has req...
- Paying beyond disclosed rates to attract deposits not acceptable: RBI Guv Sanjay MalhotraReserve Bank Governor Sanjay Malhotra stated that paying interest rates higher than disclosed is unacceptable to the central bank. While ac...
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