AI image used for representation purpose only NEW DELHI: The Reserve Bank of India has proposed a new set of rules that could reshape how banks and financial institutions sell insurance, loans, mutual funds and other financial products to customers.Issued on February 11, 2026, the draft All India Financial Institutions — Responsible Business Conduct Amendment…
Washington’s new import duties of 10% took effect on Tuesday, after the US Supreme Court dismantled President Donald Trump’s illegal tariff framework, last week. Introduced under Section 122 of the Trade Act of 1974, Trump has threatened to further raise the tariffs to 15%. The administration has labled the move as a measure to tackle…
A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…
Since assuming the role of executive chairman in 2017, Chandrasekaran has guided the group through a phase marked by restructuring. Tata Sons executive chairman N Chandrasekaran requested that the board postpone deliberations on extending his tenure for a third term after differences surfaced during the Tata Sons board meeting on Tuesday, according to people aware…
Gold edged eased on Tuesday, with April futures slipping 0.31% to Rs 1,61,102 per 10 grams amid ongoing global uncertainty over US tariffs. On the Multi Commodity Exchange, the yellow metal fell by Rs 496 in a turnover of 7,587 lots. In the international market, Comex gold futures for April fell $28.16, or 0.54%, to…
IDFC First Bank disclosed that employees at its Chandigarh branch carried out unauthorised dealings in accounts linked to the Haryana government. (AI image) IDFC First Bank fraud case: Haryana Chief Minister Nayab Singh Saini on Tuesday told the state assembly that the government has succeeded in recovering nearly Rs 556 crore linked to the IDFC…
FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…
FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…
Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…
After US Supreme Court’s blow to President Donald Trump’s tariff playbook last week, America is now gearing up for a new round of national security investigations that could open the gate for new duties. According to a person familiar with internal discussions cited by Bloomberg, the administration is planning probes into how imports affect several…
