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RBI Proposes Restricting NBFCs To Term Loans, Bars Revolving Credit

New Delhi, Aug. 8 -- The Reserve Bank of India (RBI) has proposed restricting non-banking financial companies (NBFCs) to offering only term loans, effectively disallowing revolving credit products und... Read More


Lok Sabha Passes MSME Amendment Bill 2026 To Tackle Payment Delays And Boost Liquidity

New Delhi, Aug. 8 -- The Lok Sabha on Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, without debate amid continued protests by Opposition members. The legis... Read More


Powerica posts over 27% YoY rise in Q1 PAT; DG set order book stands at Rs 1,700 crore

Mumbai, Aug. 8 -- While EBITDA improved by 20.4% year-on-year (YoY) to Rs 106.3 crore, EBITDA margin contracted by 70 basis points YoY to 13.6% in the June'26 quarter. Profit before tax in Q1 FY27 st... Read More


Section 44AD ITR filing: Which income you must disclose - and which need not be reported under the presumptive scheme

New Delhi, Aug. 8 -- Section 44AD of the Income Tax Act allows small business owners to declare income on a presumptive basis without maintaining detailed books of accounts. However, opting for this s... Read More


Govt opens door to MDR on select UPI merchant payments, users to face no charges

New Delhi, Aug. 8 -- The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring th... Read More


India's Second School: The Coaching Classroom

Srinagar, Aug. 8 -- Once intended to support weak students, private tuition has evolved into a parallel education system-one that exposes the failures of formal schooling while deepening inequality, s... Read More


EFCC's over-sabi and 2027 question: Is Tinubu being misled by his inner circle?, By Yushau A. Shuaib

Nigeria, Aug. 8 -- After the bishops' recent closed-door meeting with President Bola Ahmed Tinubu, Cardinal John Onaiyekan made a striking claim: that presidential aides are shielding the President fr... Read More


Rs.1.65-Cr poppy seeds seized in Assam

Silchar, Aug 7, Aug. 8 -- Assam Rifles under Spear Corps, in a joint operation with the Directorate of Revenue Intelligence (DRI), intercepted a major consignment of poppy seeds weighing 11,130 kg at ... Read More


Garmin Fenix 9 Expected Release: Check Garmin Smart Watch Expected Release Date, Model Lineup, Price, What to Expect & All You Need to Know

India, Aug. 8 -- Garmin Fenix 9 Expected Release: Garmin's next major flagship releases, rumored to include the Garmin Fenix 9 and Enduro 4, are expected to launch in the second half of 2026 (between ... Read More


Elderly woman duped of Rs.1.91 lakh over Rs.175 spoilt milk order complaint- How she fell prey to cyber fraud

New Delhi, Aug. 8 -- An elderly woman was allegedly duped of Rs.1.91 lakh after she complained of Rs.175 spoiled milk delivery. The 63-year-old retired woman from Gujarat's Rajkothad fell prey to the ... Read More