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RBI’s new disaster loan relief rules explained: Banks can help borrowers automatically; what changes from July 1

Banks will be allowed to extend relief measures to borrowers in calamity-hit areas without waiting for individual requests, under revised Reserve Bank of India guidelines that will come into force from July 1, 2026.The RBI on Wednesday issued fresh directions after considering stakeholder feedback on draft norms covering relief measures in areas affected by natural…

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How Anthropic’s latest AI model that has scared companies across sectors has experts issue ‘Update ASAP and automatically’ message to everyone

Anthropic latest model, Mythos, ‘scared’ companies across sectors because of its ability to autonomously identify and highlight critical, ‘zero-day’ software vulnerabilities in operating systems, browsers and foundational code. The company deemed the model is too ‘dangerous’ for a public launch due to its potential for exploitation by hackers. Instead, Anthropic released the model to 40…

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Permanent alimony doesn’t automatically end maintenance: Why Orissa High Court refused to shut wife’s claim

Permanent alimony doesn’t automatically end maintenance: Orissa High Court refuses to shut wife’s claim (AI image) The Orissa High Court in an important decision on the interplay between divorce, permanent alimony and statutory maintenance has made it clear that a prior observation treating payments as permanent alimony does not, by itself, extinguish a subsisting maintenance…

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Inoperative EPF accounts with up to Rs 1,000 to settle automatically | India News

NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) is set to automatically refund money lying unclaimed in nearly seven lakh small-balance inoperative accounts without requiring any claim application or paperwork from account holders, as part of a new pilot slated to be launched in the coming days, labour minister Mansukh Mandaviya said Monday. The inoperative…

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”Sarpanch’ sahab should be picked automatically’: Aakash Chopra backs Shreyas Iyer after Tilak Varma injury | Cricket News

NEW DELHI: Former India opener Aakash Chopra has made a strong case for Shreyas Iyer’s immediate inclusion in the T20I squad, insisting the middle-order batter should be the “automatic” replacement for Tilak Varma, who has been ruled out of the opening matches of the series against New Zealand due to an abdominal injury.Go Beyond The…

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Bihar cafe automatically adds service charge to bill, fined Rs 30k | India News

NEW DELHI: The Central Consumer Protection Authority (CCPA) has imposed a Rs 30,000 fine on a restaurant in Patna for collecting service charge from a customer in violation of guidelines. The authority’s order – monetary penalty, direction to refund service charge collected and instructions to immediately stop the practice – may serve as a reference…

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