NSE Clearing plans to launch a new ‘R3’ series of shorter-duration stock lending and borrowing contracts, allowing for quicker execution with settlement in three trading days, starting August 17. NSE Clearing is set to launch shorter-duration stock lending and borrowing…
For many new filers, understanding and completing Self Assessment can seem daunting, but with organisation and timely action, the process can become straightforward and manageable, avoiding costly penalties. For many first-time filers, Self Assessment looks more daunting than it is.…
India has announced a reduction in export levies on petrol, diesel, and aviation turbine fuel following improvements in refining conditions and product supply, with the adjustments taking immediate effect and focusing on exports only. India has lowered the export levy…
The Reserve Bank of India is set to introduce new draft rules that aim to make loan pricing more consistent and transparent, potentially reducing disparities for existing and new borrowers and improving fairness in lending practices. India’s central bank is…
As UPI’s transaction volumes soar, industry and policymakers debate whether higher-value payments should have merchant discount rates, weighing infrastructure costs against the platform’s vital economic benefits. The debate over whether higher-value Unified Payments Interface transactions should attract a merchant discount…
The Telangana State Consumer Disputes Redressal Commission has ordered Tata AIA Life Insurance to pay a ₹1 crore death benefit after ruling that the insurer failed to prove deliberate non-disclosure by the deceased, challenging insurer practices around material facts in…
Senior citizens in India continue to favour five-year fixed deposits as a safe investment option, with rates varying across banks but offering stable returns amid changing market conditions. Senior citizens in India looking for a safer place to park savings…
Many EPF members mistakenly believe the year-end balance directly reflects the interest earned at the annual rate; in reality, interest is calculated monthly on updated balances, affecting how much members actually earn. EPF members often assume the provident fund rate…
As India celebrates Independence Day, experts emphasise the importance of regularly reviewing mutual fund holdings, discerning temporary underperformance from structural issues, and avoiding behavioural biases that can impair long-term returns. India’s Independence Day is often a moment for reflection, and…
India’s central bank may hold fire on rate changes as sluggish growth, inflation risks, and geopolitical uncertainties prompt a cautious economic outlook, suggests Crisil’s latest forecast. India’s central bank may keep room open for rate changes at its next policy…
The Comptroller and Auditor General’s report uncovers widespread GST rule violations in the works contract and construction industry, highlighting significant revenue losses and systemic weaknesses in scrutiny and enforcement. The Comptroller and Auditor General has found 1,334 cases of GST…
The Reserve Bank of India has imposed a Rs59.20 lakh fine on IndusInd Bank for breaches related to deposit interest rates and securitisation, part of a broader enforcement drive targeting several financial institutions for regulatory lapses. The Reserve Bank of…
