Surat Consumer Commission criticizes New India Assurance for rejecting a student's medical claim, ordering payment of Rs 2.02 lakh plus compensation for appearing in exams during hospitalization.
Surat Consumer Commission orders New India Assurance to pay Rs 2.02 lakh claim to family of Class 10 student who appeared for board exams while hospitalized with perforated appendicitis, rejecting insurer's argument that taking exams meant no hospitalizat
The IDFC First Bank fraud highlights recurring financial scams, signaling critical failures in oversight. Stronger banking processes and deterrence measures are urgently needed to restore public trust and prevent future incidents.
Nashik Municipal Corporation's green bonds listed on NSE and BSE with 5.24 times oversubscription, raising Rs 200 crore for Mukane dam water supply projects. NMC becomes first municipal corporation to complete public and private bond issuances in one fina
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Minister Pankaj Chaudhary reveals Karnataka farmers accessed Rs 2.1 lakh crore in agricultural loans, ranking fifth in India. Tamil Nadu leads the nation in farm loan disbursements according to NABARD data.
Maharashtra consumer commission rules Bank of India's failure to enforce ATM card security protocols for a senior citizen constituted service deficiency, ordering compensation for unauthorized Rs 12 lakh withdrawals.
Warburg Pincus-backed Truhome Finance has submitted draft papers to SEBI for a Rs 3,000 crore IPO, comprising fresh issue and offer for sale components to fund expansion and meet RBI norms.
Visakhapatnam consumer commission orders Ola Electric to pay Rs 20,000 compensation for service deficiency and mental agony, plus Rs 10,000 legal costs, and fix e-scooter defects.
Two employees of RBL Finserve have been arrested in Sultanpur Lodhi for allegedly staging a fake robbery to cover up financial discrepancies. The incident has raised concerns about internal fraud in financial institutions.
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E-commerce platform Meesho has been issued a tax notice of Rs 1,500 crore by GST authorities for alleged discrepancies in input tax credit claims and tax payments.
Silver prices fell sharply by Rs 3,400 to Rs 2.68 lakh per kg, while gold remained flat due to a strong US dollar. Higher energy prices fuel inflation, potentially delaying Fed rate cuts.
A Geneva Institute report praises India's fintech dominance but warns that regulatory fragmentation could hinder its global expansion, urging unified policies for sustained growth.
In a mixed trend, gold prices in India have declined to Rs 1.6 lakh per 10 grams, while silver has increased to Rs 2.6 lakh per kilogram. Globally, gold futures rose 1.50% to $5,090.94 per ounce.
A smallcap jewellery company plans to raise Rs 350 crore through the issuance of fresh equity shares, aiming to bolster its financial position and fund expansion initiatives.
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Indian Oil, Hindustan Petroleum, and Bharat Petroleum shares drop sharply as Brent crude prices surge to a near four-year high amid West Asia conflict, impacting the energy sector.
SBI Life Insurance's wholly-owned NBFC will hold a board meeting on March 11, 2026, to discuss raising funds through non-convertible debentures, a key move for its financial strategy.
Gold and silver prices dropped on March 9, with 24-carat and 22-carat rates varying across major cities like Chennai, Delhi, and Mumbai. COMEX and USD trends influenced the decline.
IIFL Capital and OmneNest celebrate one year of collaboration, focusing on modern trading infrastructure and improved client experience in India's financial markets.
Indian Oil Corporation (IOC) has declared a dividend for the financial year 2026, with key dates and amounts announced. The move is expected to impact share prices amid fluctuating crude oil trends.
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The Indian rupee plunged 46 paise to 92.28 against the US dollar in early trade, approaching its all-time low. Brent crude oil surged 25.68% to $116.5 per barrel as the US-Israel-Iran conflict intensified.
The Indian rupee plunged 43 paise to a historic low of 92.25 against the US dollar, after a range-bound session ended with a 6 paise drop to 91.70, reflecting ongoing forex market pressures.
The Income Tax investigation wing conducted a nationwide survey of 70 restaurants across 45 cities, targeting suspected sales suppression of Rs 700 crore through billing software manipulation.
The Reserve Bank of India observes Digital Payment Awareness Week from March 9 to 15, promoting safe and secure digital transactions under the theme 'Safe Digital Payments'.
Axis Bank and Max Financial Services have formalized an agreement to pursue a stock exchange listing for their life insurance joint venture, Axis Max Life Insurance, by April 2027. The plan includes multiple pathways including a potential merger.
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Star Health Insurance plans to process over 50% of cashless hospitalization claims using AI within two years, up from 20% currently, to meet regulatory timelines and enhance efficiency.
Gold prices in India dropped in February as the rupee strengthened following US tariff relief, impacting local markets. This shift reflects global economic trends and currency dynamics affecting precious metal valuations.
The Institute of Chartered Accountants of India (ICAI) has announced the results for the CA Foundation and CA Intermediate exams held in January 2026. Students can check scores online, with pass percentages detailed for both groups.
India's banking sector shows robust health with record profits and low bad loans, yet questions arise about oversight of financial regulators themselves.
Go Digit General Insurance has received a GST demand notice of approximately Rs 170 crore for alleged short payment over nearly five years, from July 2017 to March 2022.
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The Bombay Stock Exchange has approached MMRDA for land allotment in Bandra Kurla Complex to expand operations, following NSE's recent expansion in the financial district.
