Mumbai: RBI has proposed a new framework under which banks will temporarily freeze only the disputed transaction amount, rather than the entire account, when unusual transfers of Rs 1,000 or more are flagged as potentially linked to mule accounts or cyber fraud.Banks will be required to use AI-based transaction monitoring systems to identify transfers that … Read more
Mumbai: Localisation, using alternatives wherever feasible and removing non-essential product features to cut cost of production. These are some measures brands are undertaking as they prepare for the festival season.CEOs are clear that measured price increases have to be taken amid persistent commodity inflation but margins also have to be sacrificed to an extent to … Read more
The individual said he reimbursed his wife after returning to India. (Image for representative purpose only) You incur business expenses on your wife’s credit card and reimburse her. But the tax department raises an objection. This is what happened with a Mumbai-based business man, who then won partial relief from the ITAT.The Income Tax Appellate … Read more
Prime Minister Narendra Modi with other leaders at Brics Summit 2026 NEW DELHI: As critical minerals emerge as a key element of the global energy transition, the issue found prominence at the Brics summit, with leaders calling for reliable, diversified and resilient supply chains for minerals needed for zero- and low-emission energy technologies and energy … Read more
Top stocks to buy this week Stock market recommendations: Emcure Pharmaceuticals, and VA Tech Wabag are the top stocks to buy on September 15, 2026, recommends Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. He has also shared his outlook for Nifty and Bank Nifty for the coming trading session: Stock recommendations: Emcure … Read more
The authority held that showcasing these facilities in brochures and agreements but failing to provide them amounted to misrepresentation. A builder promises several amenities in a housing project, but fails to deliver. What happens after that? A Karnataka RERA ruling in this context assumes importance.A reputed builder has been asked to pay Rs 10 lakh … Read more
Food and fuel push India inflation higher as CPI rises and WPI nears 10% (file photo) India’s retail inflation accelerated in August, while wholesale inflation moved closer to double digits, pointing to renewed price pressures across food, fuel and manufactured goods.Consumer Price Index (CPI)-based retail inflation rose to 4.82% in August, from 4.45% in July, … Read more
AI stocks tumble as debt, valuations and slowing development fears hit market (representative image) AI-linked stocks across global markets plunged on Monday after leaders of some of the world’s biggest artificial intelligence companies called for a slower pace of development, raising fresh questions over the huge investments that have driven the sector’s rally.The warnings from … Read more
Besides sharing updates, the EPFO WhatsApp channel also provides members with educational content. The Employees’ Provident Fund Organisation (EPFO) has been taking steps to keep members informed and allow access for more information digitally. As part of this effort, the retirement fund body has asked members to follow its official WhatsApp channel for the latest … Read more
The completion is particularly significant given the difficult geological conditions along the Himalayan alignment. (Image for representative purpose only) The 125 kilometres long Rishikesh-Karnaprayag new railway line, which is currently under construction, has achieved a major milestone with a new tunnel breakthrough. Rail Vikas Nigam Limited (RVNL), which is the implementing body for the project, … Read more