BUSINESS

RBI Proposes New Rules For Faster Settlement Of Claims On Accounts, lockers Of Deceased Customers

The central bank has issued a draft circular, "Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025", and invited public feedback on it by August 27.  

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2 hours ago
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BUSINESS

JM Financial stake sale: Company to sell 2.1% in home loans unit to Bajaj Allianz Life; Rs 65.5 crore deal to close by August 31

JM Financial Credit Solutions will sell a 2.1% stake in its home loans subsidiary to Bajaj Allianz Life Insurance for ₹65.5 crore. The deal, expected to close by August 31, will reduce JMFCSL’s holding in JM Financial Home Loans fro ...more

TIMES OF INDIA
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BUSINESS

Highest-Ever 952 MT Cargo Handled At Guwahati Airport, Records 13.2% Growth In Movement

The Guwahati International Airport Limited (GIAL) domestic cargo terminal at Lokpriya Gopinath Bordoloi International Airport (LGBIA) has achieved a new milestone by handling a record 952 metric tonne (MT) of cargo in a single month, officials said on Sunday.

ZEE NEWS
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BUSINESS

This State Transfers Rs 1,100 To Over 1 Crore People—Eligibility Details Inside!

The amount released covers six schemes — Mukhyamantri Vridhjan Pension Yojana, Indira Gandhi Old Age Pension, Indira Gandhi National Widow Pension, Indira Gandhi National Disability Pension, Laxmi Bai Social Security Pension, and Bihar State Disability Pension.  

ZEE NEWS
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MARKET

SEBI moots lighter regulatory framework for AIFs with accredited investors

The proposal includes exemptions from requirements such as maintaining pari-passu rights among investors, NISM certification for key investment team members, and the current limit of 1,000 investors per scheme, says SEBI

THE HINDU BUSINESS LINE
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ECONOMY

India wants pointed action from ASEAN to improve free trade pact utilisation in last leg of review

Indian exporters of agri, pharma, vehicles etc have not been able to take advantage of lower duties offered under the pact, notes study

THE HINDU BUSINESS LINE
2 hours ago
BUSINESS

Crop insurance boost: Agriculture minister Shivraj Singh Chouhan to transfer Rs 3,200 cr PMFBY claims on Monday; new rules bring faster payouts

Agriculture Minister Shivraj Singh Chouhan will digitally transfer ₹3,200 crore in crop insurance claims to 30 lakh farmers under PMFBY at an event in Rajasthan. The Centre has simplified claim settlements, penalizing delays from stat ...more

TIMES OF INDIA
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BUSINESS

Early rains, lower temperatures hit demand for fans, ACs in Q1

Still carrying a good amount of inventory, fans and AC companies are hoping for a demand revival during the festival season and higher temepratures post monsoons to boost sales in H2

THE HINDU BUSINESS LINE
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BUSINESS

Gujarat Gas to foray into sale of propane gas; targets ceramic cluster in Morbi

Gujarat Gas aims to capture 25% of the propane market in Morbi by selling an estimated 1.3 mmscmd of propane in this largest export hub for ceramics in India

THE HINDU BUSINESS LINE
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MARKET

Industry eyes legal road ahead as Xaults gets nod for fractional shares test

Pilot seen as first real test of direct depository model for partial stock ownership

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BUSINESS

Aviation market: India is ‘interesting’ and key to growth, says Malaysia Airlines; aims to be core service link without domestic JV

Malaysia Airlines views India as a key market, generating significant revenue and passenger volume. The airline aims to be a core service provider connecting India globally, focusing on increased flight frequency and connectivity rather ...more

TIMES OF INDIA
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BANKING

Banks turn off funding tap to below ‘A’ rated MFIs as stress persists

Fusion Finance and Spandana Sphoorty also witnessed a change in CEO over the last few months

THE HINDU BUSINESS LINE
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COMMODITIES

Halting Russian crude could cost India billions, warn analysts

West Asia may account for 60-70% of the lost Russian crude oil, while the US, latin America and West Africa can serve as tactical fillers.

THE HINDU BUSINESS LINE
3 hours ago
BUSINESS

Q1 Results August 11–14: Key Earnings From ONGC, MRF, Suzlon, Ashok Leyland, IRCTC & More

Big companies and mid-sized players from sectors like metals, energy, telecom, automobiles, pharma, and infrastructure will share their Q1 (April–June) results.  

ZEE NEWS
3 hours ago
BUSINESS

Air India Begins Widebody Aircraft Retrofit, Accelerates Narrowbody Refurbishment

Meanwhile, last month, the Directorate General of Civil Aviation (DGCA) found 51 safety lapses in Air India’s operations during its annual audit, raising fresh concerns about the airline’s compliance with mandatory aviation safety norms.

ZEE NEWS
4 hours ago

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