A 29-year-old man has been detained in Rishikesh for siphoning over Rs 12 lakh from the Uttarakhand Cooperative Bank by diverting customer deposits, in a case reflecting broader trends of financial misconduct within banking institutions. Rishikesh police have arrested a…
Amid widespread sell-offs, analysts highlight that strong, high-quality optoelectronics companies like Applied Optoelectronics could be among the first to recover as institutional support re-emerges, signalling a potential window for savvy investors. Investors often dump stocks first and ask questions later,…
India’s merchandise exports have surged by more than 15% in the first five months of FY27, signalling resilience amid global economic uncertainties, with exports crossing $200 billion and new digital trade initiatives set to boost growth. India’s merchandise exports rose…
India’s consumer affairs ministry has announced stricter regulations for online shopping platforms, aiming to enhance transparency and consumer rights ahead of the bustling festive season, including measures to combat dark patterns and improve detailed disclosures. India’s consumer affairs ministry has…
India is urging BRICS nations to deepen cross-border payment cooperation through local and digital currencies, aiming to accelerate trade settlement and reduce dependence on the US dollar, with a focus on interoperability rather than a unified currency network. India is…
Kotyark Industries reports an 11.54% increase in quarterly income, driven by rising biodiesel demand and successful main board migration, signalling a new phase of expansion amidst favourable industry trends. Kotyark Industries said its first-quarter results for FY27 were boosted by…
India and Russia are boosting economic cooperation through new initiatives unveiled at the first INNOPROM event in New Delhi, highlighting opportunities in manufacturing, smart cities, and bilateral trade targets of $100 billion by 2030. Union Minister of Commerce and Industry…
SEBI Chairman Tuhin Kanta Pandey assures the continuation of the new closing auction session as regulator prepares a consultation paper, amid growing participation and recent innovations like tokenised bonds and DEMAT 2.0 framework to modernise India’s financial markets. Tuhin Kanta…
The Employees’ Provident Fund Organisation has unveiled new rules enabling members to access their savings more easily for medical, educational, marriage, and housing needs, highlighting a shift towards greater flexibility while safeguarding long-term retirement funds. Employees’ Provident Fund savings are…
UCO Bank has launched GST Smart, a data-driven digital lending platform using GST return information to streamline credit assessment and disbursement for small and medium-sized enterprises, enabling faster, collateral-free loans within minutes. UCO Bank has introduced GST Smart, a digital…
