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NEW DELHI: The Centre is ready to take more policy measures to help insulate the economy from the adverse impact of the West Asia conflict and will phase it out instead of rushing with announcements.The focus of these steps will be to ensure that there is enough availability of goods, raw material, inputs and finished…
The world’s third-largest oil importer received around 2.70 million barrels per day (bpd) of Russian crude during June India’s imports of Russian crude oil climbed to a record high in June as refiners increased purchases of discounted barrels to offset supply risks linked to disruptions around the Strait of Hormuz, according to preliminary ship-tracking data…
MUMBAI: The RBI is proposing to compensate customers for losses arising from small-value digital frauds, with payouts of up to Rs 25,000, as part of a broader overhaul of consumer protection rules amid rising risks from mis-selling, cyber fraud and aggressive loan recovery practices. The e-fraud compensation will be for 85% of the loss amount…
Banks will be allowed to extend relief measures to borrowers in calamity-hit areas without waiting for individual requests, under revised Reserve Bank of India guidelines that will come into force from July 1, 2026.The RBI on Wednesday issued fresh directions after considering stakeholder feedback on draft norms covering relief measures in areas affected by natural…
Asian stocks inched higher on Tuesday, as Japanese equities rose after investors reacted to the emphatic election result that ushered in the country’s first female prime minister. Hong Kong’s HSI jumped 120 points or 0.45% to reach 27,147. South Korea’s Kospi also traded in green, up 5 points to 5,303 at 9:30 am IST. Nikkei…
A cryptocurrency venture tied to U.S. President Donald Trump is facing fresh scrutiny after partnering with a firm whose “flagship project” had recently involved individuals later sanctioned by the U.S. and U.K. WLFI$0.09576, a crypto business co-founded by Trump and partly owned by his family, said it carried out due diligence before integrating its USD1…