MUMBAI: In a coordinated move, govt and RBI Friday rolled out a clutch of measures aimed at attracting foreign portfolio investors and non-resident funds to govt bonds and bank deposits. The strategy is as much about sentiment as it is about flows: signalling openness, easing friction, and offering a small subsidy from RBI in the…
Raising a child who thinks for themselves takes time. It needs patience, trust, and support. Let kids ask questions, make choices, and learn from mistakes. This helps them feel more confident. 1. The goal is not to raise kids who always agree with others. 2. The goal is to raise kids who can think clearly…
MUMBAI: RBI has proposed tighter disclosure norms for deposit interest rates while allowing banks to price large deposits based on withdrawal risk, which will be a fourth factor for differential rates. Until now banks were allowed to offer differential rates based on tenor, size, and premature withdrawal conditions. These determine whether deposits qualify as bulk…
More than $580,000 has been seized by Australian authorities following an investigation into a visa fraud scheme linked to a 61-year-old man from the New South Wales Central Coast.The case centred on the misuse of Australia’s immigration system, including the Regional Sponsored Migration Scheme. Investigators claimed the man received large sums of money for helping…
MUMBAI: Tata Trusts has demanded petitioner Suresh Tulsiram Patilkhede and his lawyer Katyayani Agarwal withdraw allegations of impropriety over a 37-year-old transfer of 833 Tata Sons shares, seeking Rs 1,000 crore in damages for reputational harm and causing distress. The charitable organisations sent notices to both, saying transfer of shares from Navajbai Ratan Tata Trust…
MUMBAI: Bonds rallied after govt and RBI announced measures to encourage foreign investment in govt securities on Friday. The yields on benchmark 10-year govt securities (G-Secs) softened to 6.94% in early trades, from 6.99% on Thursday, after the govt said foreign portfolio investors (FPIs) would be exempted from long-term capital gains and withholding taxes on…
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…
MUMBAI: Caught between a slowing economy and the risk of a fresh price spiral triggered by the conflict in West Asia, the RBI on Friday left the repo rate unchanged at 5.25%, cut its growth forecast for FY27 and raised its inflation projections, while signalling that the inflation threat could broaden economy-wide beyond fuel and…
Recently, Sneako trended after the release of a short video clip showing that he was to get married. In the short clip, he was seen making a marriage announcement through a passionate speech in an excited voice. This information gained popularity among many people on the internet. Everyone seemed to think that the streamer was…
“Mom, my tummy hurts, I can’t go to school.” This is a sentence many parents hear as they are getting their children ready for school. At this moment, some parents get worried and start thinking that their child’s physical pain is being caused by food or digestion problems, while some feel their child is simply…