Latest News, Updates & Breaking Headlines
MUMBAI: Gold loans have recorded a 125% year-on-year surge as of end-Nov 2025 – over 10 times the 11.5% growth in overall bank credit. The rise in gold loans follows a 77% increase last year and coincides with the rally in gold prices. Although outstanding gold loans of Rs 3.6 lakh crore accounted for less…
NEW DELHI: Helped by tax cuts and a healthy monsoon, the Indian passenger vehicles market is on course to end 2025 with record sales, with companies ranging from Maruti Suzuki, M&M, to Toyota and Kia reporting all-time high demand. In 2025, Tata Motors overtook Hyundai to emerge as the second largest player in the domestic…
NEW DELHI: In a relief for highway commuters, toll on under expansion stretches – from two-lane to four-lane – will soon be halved during construction period and user fee on partially opened expressways such as Delhi-Mumbai and Amritsar-Jamnagar will be same as that of other NHs. At present, the toll on expressways is 1.25 times…
NEW DELHI: An employee who loses a job is set to receive funds for reskilling within 45 days of retrenchment, the draft rules published under Industrial Relations Code, 2020 said. The amount – equivalent to 15 days of the worker’s last drawn wages – has been introduced under the new Industrial Relations Code as a…
Draft rules released for public review NEW DELHI: Gig and platform workers need to be engaged for at least 90 days with an aggregator within a financial year to avail social security benefits formulated under the new Social Security Code, draft rules released for public comment have proposed. For workers engaged with multiple aggregators, the…
The Corporate Affairs Ministry has relaxed compliance requirements for company directors by replacing the mandatory annual KYC filing with a simplified requirement once every three years under the Companies Act, 2013, PTI reported.The change follows a review of Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014, based on recommendations of the…
The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday permitted banks to independently set up pension funds to manage the government’s flagship National Pension System (NPS), a move aimed at enhancing competition and safeguarding subscriber interests, PTI reported.The PFRDA board “has approved, in principle, a framework to permit Scheduled Commercial Banks (SCBs) to independently…
The Reserve Bank of India has flagged emerging structural pressures in the insurance sector, warning that premium growth is increasingly being driven by high-cost, distribution-led strategies rather than improvements in operating efficiency, even as the sector remains stable in the near term, according to its latest Financial Stability Report.“While posing no near-term systemic risks, the…
The National Financial Reporting Authority (NFRA) on Thursday said it has rolled out its second Audit Practice Toolkit to support small and medium audit practitioners across the country, as part of its broader effort to improve the quality of auditing practices, PTI reported.The toolkit, titled ‘Risk & Response Memorandum: ROMM (Risk of Material Misstatement) Assessment…
Vande Bharat Sleeper Train Launch, Route & Fares: The much awaited Vande Bharat sleeper train is all set to be launched soon, Railway Minister Ashwini Vaishnaw has announced. The new train will be flagged off by PM Narendra Modi in the next few weeks. Vande Bharat sleeper trains, aimed at providing superior experience to Rajdhani…
