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RBI proposal to curb NBFCs' revolving credit may choke MSME funding: FISME

India, Aug. 26 -- Reserve Bank's proposal to bar NBFCs from providing revolving credit will disrupt legitimate working-capital finance used by small and medium enterprises, industry body FISME said on... Read More


Gold jumps Rs 2,700 to Rs 1.67 lakh/10g in four-day surge

India, Aug. 26 -- Extending its winning streak for the fourth consecutive session, gold appreciated by Rs 2,700 to Rs 1,67,100 per 10 grams in the national Capital on Tuesday. The yellow metal of 99.9... Read More


Rupee rises 24 paise to close at 95.46 against US dollar

India, Aug. 26 -- The rupee pared initial losses and settled for the day higher by 24 paise at 95.46 (provisional) against the US dollar on Tuesday, driven by positive domestic markets, a weaker green... Read More


Tata Steel gets interim relief in Rs 1,755 crore demand notice

India, Aug. 26 -- Tata Steel has received interim relief in the Rs 1,755-crore demand notice issued by the Jharkhand Government, according to a regulatory filing. The company has challenged a Rs 1,75... Read More


SC to set up special bench to hear plea on OBC creamy-layer criteria

India, Aug. 26 -- The Supreme Court on Tuesday agreed to consider setting up a special bench to hear Centre's plea seeking clarification on the applicability of its March 11 judgement on OBC creamy-la... Read More


HC quashes sacking of 48 assistant managers of Uttar Pradesh Cooperative Bank

India, Aug. 26 -- The Allahabad High Court on Tuesday quashed the June 2019 orders terminating the service of 48 assistant managers appointed in the Uttar Pradesh Cooperative Bank in 2016 and directed... Read More


SC directs Tejpal to surrender within 3 weeks, rejects plea for exemption

India, Aug. 26 -- The Supreme Court on Tuesday directed journalist Tarun Tejpal to surrender within three weeks to undergo his 10-year prison sentence in a 2013 rape case in which he was convicted by ... Read More


Better half becomes bitter half in marriage if issues not resolved between spouses: HC

India, Aug. 26 -- The institution of marriage is quite paradoxical and if the issues between spouses are not resolved quickly, the better half becomes a bitter half, the Delhi High Court has observed.... Read More


SC refuses to hear plea against demolition of lawyers' chambers near Lucknow court

India, Aug. 26 -- The Supreme Court on Tuesday refused to entertain a plea challenging an order related to the demolition of lawyers' chambers allegedly constructed by encroaching on public land near ... Read More


US pauses all immigrant visa appointments worldwide amid crackdown

India, Aug. 26 -- The Trump administration has paused all immigrant visa appointments worldwide to retrain consular officers on screening applicants likely to become dependent on US government support... Read More