Official India: RBI, SEBI, and government announcements, decoded into plain English.
The Supreme Court will pronounce on Friday its verdict on review petitions challenging the mandatory three-year legal practice rule for candidates seeking direct recruitment as Civil Judges (Junior Division). A bench of…
The National Stock Exchange (NSE) may allow its shares to trade on its own platform after listing them on rival BSE, using the existing 'permitted-to-trade' framework, sources said. The Hindu reports that…
The Reserve Bank of India has shortened the deadline for its special FCNR(B) deposit swap facility to August 31 from September 30, citing an encouraging response that saw forex inflows of $52.3…
Sebi has barred Copthall Mauritius Investment, a JPMorgan unit, and Mansi Share & Stock Broking from the market for manipulating the closing auction session (CAS) on Sensex options expiry day of August…
Taxpayers can claim both House Rent Allowance (HRA) exemption and home loan interest deduction simultaneously if certain conditions are met, according to tax expert Siddharth Maurya. The benefits are available only under…
The Securities and Exchange Board of India (SEBI) is launching a pilot project on tokenisation of corporate bonds in coordination with the Reserve Bank of India. SEBI Whole-Time Member Amarjeet Singh said…
The Congress party has announced its roadmap for the post-monsoon session of Parliament, focusing on issues including paper leaks, delimitation, and the Vande Mataram controversy. The party has taken a firm stance…
The government has amended the Foreign Trade Policy to let exporters invoice overseas sales and receive payments in Indian rupees, aligning rules with RBI regulations issued in 2023. For countries outside the…
The Karnataka State Consumer Disputes Redressal Commission has upheld an order directing Canara Bank to pay Rs. 88,362 for jewellery stolen while it was held as security against a gold loan. The…
Four months after the academic session began in April, several students in government schools in Ludhiana are still waiting for their uniforms. Many newly enrolled children, especially pre-primary and general category boys,…
