MUMBAI: Reserve Bank of India has finalised its consumer protection framework under responsible business conduct guidelines, tightening rules on mis-selling, deceptive digital practices & unauthorised bundling, and shifting to a prescriptive regime.The directions impose a strict consent-capture and interface-design protocol, closing gaps left in the Feb 11 draft. According to the framework, banks must capture…
NEW DELHI: Goods exports rose 18% in May to a record $45.2 billion, driven by higher oil prices and restoration in supply chains and shipments to West Asia near last year’s level. With imports rising 20.5% to a seven-month high of $73.4 billion, trade deficit widened to $28.2 billion in May.“We have carried forward the…
India’s silver imports slumped to their lowest level in more than three years in May after the government tightened restrictions on imports of the precious metal and raised duties, according to official data, reported Reuters.Imports fell 87% year-on-year to $75.57 million in May from $566.22 million a year earlier, data compiled by the Ministry of…
New Delhi: Minister for new and renewable energy Pralhad Joshi on Monday launched WT-MARUT, the country’s first dedicated digital platform for managing the wind energy supply chain. The portal is expected to strengthen India’s domestic wind manufacturing ecosystem and support the country’s clean energy expansion.The platform will facilitate end-to-end tracking of wind energy components, from…
Let’s take a look at what a possible US-Iran peace deal signing and Strait of Hormuz opening mean for India. (AI image) “Ships of the World, start your engines,” US President Donald Trump wrote on Truth Social, announcing an imminent peace deal with Iran and the opening of the Strait of Hormuz. “Let the oil…
India and the UK are working to resolve outstanding issues that have delayed the implementation of their free trade agreement, with both sides holding discussions to operationalise the pact signed in July last year, PTI reported.Commerce Secretary Rajesh Agrawal said an Indian team is already in London to take forward the discussions and ensure that…
India on Monday released producer price index (PPI) data for goods and services for the first time, paving the way for the gradual replacement of the wholesale price index (WPI), which will be discontinued over the next five years, PTI reported.The move is in line with practices followed by advanced economies and recommendations of the…
Former Niti Aayog vice chairman Arvind Panagariya has called for reviving the government’s privatisation agenda for public sector undertakings (PSUs) and public sector banks (PSBs), arguing that disinvestment remains a key pillar of India’s economic reforms.In an interview with PTI, Panagariya also advocated the creation of an independent privatisation ministry to accelerate the government’s disinvestment…
Global markets rallied on Monday after the United States and Iran announced a framework agreement to end their conflict, raising hopes of lower energy prices, easing inflation pressures and reduced risks to the global economy.Asian equities surged, the US dollar fell to its weakest level since June 5, and oil prices tumbled more than 4%…
Top stocks to buy today (AI image) Stock market recommendations: Privi Speciality Chemicals, and Cummins India have been selected as the top stocks to buy for the week starting June 15, 2026 by Motilal Oswal Wealth Management Research Desk: Stock Name CMP (Rs) Target (Rs) Upside (%) Privi Speciality Chemicals 3454 3900 13% Cummins India…