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होम » Breaking Briefs

Breaking Briefs

Govt tightens rules for int’l payments above Rs 50,000

The amendment also mandates reporting entities, that are part of a group, to implement measures against money laundering and terror financing
Gold loans surge again: Families, small biz pawning assets

The surge in demand comes against the backdrop of rally in prices of the precious metal after the Israel-Hamas conflict breaking out in West Asia
New account registrations rise to record highs as SIP tide swells

Numbers from AMFI also showed that the SIP tide is continuously swelling with more than 30 lakh additions for the third month in succession that ignored the volatile markets
RBI fines ICICI, Kotak Mahindra Bank

The Reserve Bank on Tuesday said it has imposed a penalty or Rs 12.19 crore on ICICI Bank and Rs 3.95 crore on Kotak Mahindra Bank for non-compliance of certain regulatory norms.
PSUs to present joint move to govt for adoption of green hydrogen

Green hydrogen, the wonder fuel that uses the lightest of materials to move the heaviest of vehicles including trucks and trains, is finally about to move to the front burner of the country’s green energy agenda with oil-marketing companies (OMCs) preparing to submit a joint road map for its adoption to accelerate energy transition plans, the Business Standard said in a report.
Credit card expenditure might not bring earlier cheer

The reason for the cut is that banks are trying to be less generous at a time when they are working hard to garner deposits at higher interest rates
Property sale up 21 per cent YoY in Jan-Sep: JLL India

Sales of apartments in January-September period of this year have already touched 91 per cent of 2022 annual sales: JLL India
Govt to tighten the noose on offshore illegal betting apps

Most of such firms, which largely remain non-compliant with Indian regulations, aggressively promote their illegal site via social media channels. This comes after the government instructed all major OTT platforms to not allow these sites to advertise with them.
September WPI dips on easing food article prices

The wholesale price index-based inflation remained in the negative territory for the sixth straight month in September at (-)0.26 per cent, on easing prices of food articles.
Tata Motors divests stake in Tata Technologies

Following this announcement, Tata Motors' stock price surged by 4.76% to Rs 667.15 on the BSE.

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