Official India: RBI, SEBI, and government announcements, decoded into plain English.
Rediff reports that bank employees are systematically defrauding non-resident Indians (NRIs) and elderly depositors by creating fictitious loans against their fixed deposits using forged documents. The fraud operates through a cross-bank syndicate…
Goa has completed a five-day pilot workshop for 12 women and plans to train 100 women each year under its proposed Goa Drone Didi Training Scheme. The state aims to create 300…
The Supreme Court will begin hearing from October 6 on a seven-judge bench whether legislative privileges of MLAs can override the fundamental right to freedom of speech. The case dates back to…
The Securities and Exchange Board of India (SEBI) has rolled out new rules for 2026 aimed at bringing greater transparency to mutual fund schemes. The regulations require fund houses to clearly disclose…
भारतीय रिजर्व बैंक (RBI) ने Tata Sons को 'सिस्टमैटिकली इंपॉर्टेंट शैडो लेंडर्स' की सूची में बरकरार रखा है। इस सूची की सभी 17 कंपनियों को सार्वजनिक होना जरूरी है, जिनमें से 16…
The Supreme Court has upheld PepsiCo's registration of the FL 2027 potato variety used in Lay's chips, rejecting a challenge by farmer rights activist Kavitha Kuruganti. However, the bench of Justices J.B.…
The Shri Ram Janmabhoomi Tirtha Kshetra Trust on Tuesday began interviewing 18 shortlisted candidates for its first full-time CEO. Over 5,300 people had applied. The selection panel asked candidates whether they are…
The three-week Parliament logjam has cost taxpayers over Rs 216 crore, with 79.3 hours lost in Lok Sabha and 64.8 in Rajya Sabha. The disruption came during a standoff between the government…
Livemint reports that the Bengaluru Income Tax Appellate Tribunal (ITAT) held that Rs 2.33 crore received by a Flipkart executive for repurchasing vested but unexercised employee stock options (ESOPs) should be taxed…
Markets regulator SEBI has proposed easing the accredited investor (AI) framework, allowing investment managers to determine and record an investor's accredited status during onboarding. The new manager-led route would operate alongside the…
