Karnataka Chief Minister D. K. Shivakumar has directed banks to cease deducting the ₹2,000 monthly cash transfer from beneficiaries’ accounts for loan repayments, following complaints that the scheme’s funds are being diverted without consent, impacting women head of households. Karnataka…
CRIF Credit Information Services has named Suresh Venkatesan as its new CEO and whole-time director, aiming to expand responsible lending and fintech access across India with his extensive experience in banking and data analytics. CRIF Credit Information Services Private Limited…
Digital lender mPokket plans to more than double its loan disbursal to over Rs 25,000 crore within three years, targeting India’s untapped small-ticket credit market and expanding its reach among new-to-credit customers. mPokket is aiming to more than double down…
A Delhi court has ordered a private insurer to pay nearly Rs 9.07 lakh to a woman after it wrongly denied her emergency medical expenses incurred during a trip to the US, reinforcing that insurers cannot override medical judgment. A…
The Bombay Stock Exchange has cautioned investors about soaring premiums in international exchange-traded funds driven by supply constraints, risking significant losses if premiums unwind suddenly. The Bombay Stock Exchange has warned investors that some international exchange-traded funds are changing hands…
Shaktikanta Das highlights the eastward movement of the world’s economic centre of gravity, urging developing countries to seize emerging opportunities amid global geopolitical and economic challenges. Shaktikanta Das has said the world’s economic centre of gravity is moving eastwards, arguing…
The Central Board of Direct Taxes has postponed crucial deadlines for audit-eligible taxpayers for AY 2026-27, providing additional time for filings amid mounting compliance pressures for businesses and professionals. The Central Board of Direct Taxes has pushed back key compliance…
India’s industrial production accelerated to 8% in August, reaching its fastest growth in nearly three years, amid strong manufacturing gains and a notable increase in electricity supply, though mining sector weakness persists. India’s industrial output accelerated in August, underscoring a…
ICICI Prudential Mutual Fund has opened subscriptions for a new contra fund focusing on undervalued stocks, emphasising a research-led, patient approach to capitalise on market mispricings during turbulent times. ICICI Prudential Mutual Fund has opened subscriptions for a new contra…
India’s telecom regulator has issued renewed warnings against IMEI tampering, highlighting its use in fraud and illegal device activity, with stricter penalties and expanded oversight to combat a surge in telecom-related scams. India’s telecom regulator has renewed warnings about IMEI…
