Banking And Finance
Banks seek RBI clarity on leveraged NRI FCNR deposit structures
Mumbai: Several lenders have sought clarity from the (RBI) on whether they can raise FCNR (B) deposits by extending loans to non-residents through their overseas branches, people familiar with the…
RBI mis-selling rules explained: Tricked into buying a financial product? Here’s how you can get your money back
The Reserve Bank of India (RBI) last week introduced new rules to prevent the mis-selling of financial products – such as insurance, mutual funds or loans – by banks and…
EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison
The Employees’ Provident Fund Organisation (EPFO), under the , is set to introduce a series of member-friendly reforms aimed at making PF services faster, simpler and more convenient for subscribers.…
NHB probing Aavas Financiers over loan classification lapses
MUMBAI: The (NHB) has begun a formal probe into CVC Capital Partners-backed mortgage lender after preliminary inquiries uncovered loan classification irregularities, with multiple instances of loans categorised under ineligible refinancing…
Market
A stock trader’s guide to navigating a rare ‘Super El Niño’
As concerns over the Iran war recede, stock investors are confronting another threat: climate risk, which is prompting a reassessment of bets across sectors from agriculture to insurance. A high…
US-Iran peace deal: How are falling crude oil prices likely to impact petrol, diesel prices?
US-Iran peace deal: Brent crude prices edged higher on Friday but remained on track for a weekly decline of nearly 8%, as a ceasefire agreement between Israel and Hezbollah eased…
US-Iran talks, crude prices, trading activity of FIIs key drivers for markets this week: Analysts
Movement in the stock market will hinge on the outcome of talks between the US and Iran, crude oil prices and trading activity of foreign investors in the holiday-shortened week…
US-Iran talks, crude oil movement, macro data to dictate bullion trend next week: Analysts
Developments surrounding US-Iran negotiations, movement in crude oil prices and key global economic data are expected to steer gold and silver prices next week, analysts said. The focus will squarely…
Market
India’s premium RTD story is no longer a metro phenomenon
A bottle of premium Himalayan water in the outskirts of Patna. A Thai coconut jelly drink finding its fastest-growing market in Tier-2 and Tier-3 India. These are no longer isolated…
CCPA fines Storia Foods, English Oven ₹1 lakh each for misleading ‘100% claim’
The Central Consumer Protection Authority (CCPA) on Sunday said it has imposed penalties of ₹1 lakh each on Mrs Bectors Food Specialities, known for brand English Oven and Storia Foods…
No truth in missing coal stock allegations, says SCCL
The Singareni Collieries Company Ltd (SCCL) on Sunday dismissed recent allegations that coal stocks had gone missing from the company, saying there was “no truth” in the claims. In a…
CCPA fines Storia Foods, Mrs Bectors ₹1 lakh each over ‘100%’ claims
The Central Consumer Protection Authority (CCPA) has imposed penalties of ₹1 lakh each on Storia Foods and Beverages Pvt. Ltd and Mrs Bectors Food Specialities Ltd for allegedly misleading consumers…
Axis
