The report said FPIs were net sellers of equities worth Rs 1.8 lakh crore, while they were net buyers of debt at Rs 25,807 crore. MUMBAI: Regulatory interventions by Sebi in the futures & options (F&O) segment during fiscal 2026, aimed mainly at reining in excessive speculative activities by retail investors, led to a dip…
According to draft directions issued by the central bank, NBFCs will be barred from offering revolving credit products and will be required to offer only credit facilities in the nature of term loans MUMBAI: RBI has proposed a sweeping overhaul of credit facility norms for non-banking financial companies, mandating a shift to term-loan structures while…
In the last few budgets, customs duty simplification has been a focus area, with fewer slabs and correction of the inverted duty structure, where tariff on a product is lower than an input in the value chain. NEW DELHI: Finance minister Nirmala Sitharaman said on Thursday that she will focus on lowering customs tariffs in…
Four public sector infrastructure and development finance institutions have been added to the primary list MUMBAI: Reserve Bank of India on Thursday released the revised list of upper layer NBFCs for FY27 under the scale-based regulation framework, expanding the pool with the addition of public sector infrastructure financiers while retaining Tata Sons on the list…
RBI retained safeguards to protect borrowers even as it allowed operational flexibility MUMBAI: RBI has eased its proposed norms on device disablement for EMI-financed gadgets and relaxed disclosure requirements for recovery agents after industry feedback, while retaining safeguards for borrowers.In its revised directions on conduct of regulated entities and engagement of recovery agents, RBI has…
After beginning the week with strong gains that pushed major indexes to record levels, the market has settled over the past two sessions. US stock market today: Wall Street stocks moved mixed during Thursday morning trading as investors reacted to the latest round of corporate earnings from companies across a broad range of industries.The S&P…
The crèche allowance is generally admissible for up to two children. For many working parents, one of the biggest challenges after the birth of a child is balancing childcare responsibilities with professional commitments. While employer-provided childcare facilities have existed under labour laws for many years, the newly notified Labour Codes have brought renewed focus to…
The government sees compressed bio-gas as a domestic solution to LNG. In a bid towards energy security, the Union Cabinet on Thursday approved a Rs 23,731 crore GOBARdhan scheme for bio gas. GOBARdhan or the Galvanizing Organic Bio- Agro Resources Dhan scheme aims to push for the production of compressed bio-gas.The move assumes significance in…
Centre dismisses claims of ethanol blending with aviation fuel NEW DELHI: The Centre on Thursday dismissed claims that it is planning to blend ethanol with aviation turbine fuel (ATF), calling the reports “completely false and irresponsible” and urging people not to spread misinformation on aviation safety.Union civil aviation minister Ram Mohan Naidu Kinjarapu, in a…
India faces the prospect of up to 100% Trump tariffs for its Russian crude oil purchases. On August 5, 2025, US President Donald Trump announced 25% penal tariffs on India for its purchase of crude oil from Russia. One year later, India faces the prospect of up to 100% tariffs for its Russian crude oil…
President Donald Trump speaking during an event to announce new tariffs for the first time last year Donald Trump’s administration has refunded about $100 billion in tariffs after the US Supreme Court struck down a broad set of duties imposed under an emergency economic law, court filings show.About 60 per cent of the $166 billion…
Gold prices extended their gains for a fourth consecutive session on Thursday, touching a seven-week high as weaker oil prices, a softer US dollar and lower US Treasury yields lifted demand for the safe-haven metal amid growing optimism over the reopening of the Strait of Hormuz. The rally followed modest gains on Wednesday, when a…
