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RBI mandates tougher authentication process for digital transactions

gupta.umashanker.us6 months ago06 mins

The latest RBI directions are applicable to Payment System Providers, Payment System Participants (banks and non-banks) and all domestic digital payment transactions. | Photo Credit: Getty Images/iStockphoto The Reserve Bank of India (RBI), to further secure digital payments transactions, has mandated introduction of additional risk-based checks beyond the minimum two-factor authentication by leveraging upon technological advancements….

The Hindu Mind LIVE: Telangana Dy CM Bhatti Vikramarka Mallu, Kerala FM K.N. Balagopal to speak on GST implementation

gupta.umashanker.us6 months ago01 mins

Welcome to the live coverage of the latest edition of The Hindu Mind series. The guests for today are Telangana Deputy Chief Minister Bhatti Vikramarka Mallu and Kerala Finance Minister K.N. Balagopal, who will be speaking about the Goods and Services Tax (GST) and its implementation in the country. They were two of the eight…

Gold slips ₹125 to ₹1,12,430/10 g in futures trade ahead of key US inflation data; silver inches higher

gupta.umashanker.us6 months ago03 mins

Gold prices eased by ₹125 to ₹1,12,430 per 10 grams in the domestic futures market on Thursday, tracking a flat trend overseas as traders stayed cautious ahead of key US inflation data. On the Multi Commodity Exchange (MCX), the yellow metal futures for October delivery fell ₹125 or 0.11 per cent to ₹1,12,430 per 10…

Gold slips ₹125 to ₹1,12,430/10 g in futures trade as investors eye U.S. inflation data

gupta.umashanker.us6 months ago03 mins

Globally, gold and silver futures were trading flat at $3,768.50 per ounce and $44.19 per ounce, respectively. | Photo Credit: Reuters Gold prices eased by ₹125 to ₹1,12,430 per 10 grams in the domestic futures market on Thursday, tracking a flat trend overseas as traders stayed cautious ahead of key U.S. inflation data. On the…

Cabinet approves ₹69,725 crore package to revitalise shipbuilding, maritime ecosystem

gupta.umashanker.us6 months ago07 mins

The Union Cabinet on Wednesday (September 24, 2025) approved a ₹69,725 crore package to revitalise India’s shipbuilding and reduce dependence on foreign ships as part of the government’s plan to regain the country’s maritime power. According to an official statement, the package introduces a four-pillar approach designed to strengthen domestic capacity, improve long-term financing, promote…

Rupee recovers 15 paise from all-time low to 88.60 against U.S. dollar in early trade

gupta.umashanker.us6 months ago03 mins

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee recovered 15 paise from all-time low to 88.60 against the U.S. dollar in early trade on Thursday (September 25, 2025), tracking the weakness of the American currency in the overseas market. Forex traders said the rupee is facing renewed strain this week,…

Stock markets fall in early trade on relentless foreign fund outflows, H-1B visa fee concerns

gupta.umashanker.us6 months ago03 mins

A view of the National Stock Exchange building in Mumbai. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty declined in early trade on Thursday (September 25, 2025) as relentless foreign fund outflows and U.S. H-1B visa fee concerns made investors jittery. Also, a weak trend in global peers drove the domestic equity…

Glottis Limited fixes IPO price band at ₹120-₹129 per share

gupta.umashanker.us6 months ago02 mins

Chennai based Glottis Limited, which offers multi-modal integrated logistics solutions, has announced to tap the capital market to raise upto ₹160 crore through a fresh issue of its equity shares and ₹147 crore via Offer for Sale (OFS) by Ramkumar Senthilvel and Kuttappan Manikandan, the Promoter Selling Shareholders. The price band has been fixed between ₹120-₹129 per equity…

Buying pledged gold is now a lucrative business

gupta.umashanker.us6 months ago05 mins

A gold pledging transaction in progress in Kochi. | Photo Credit: MAHESH HARILAL Some people find it quite tough in clearing their gold loans. This could well make them lose the pledged gold altogether. In this process, they lose the true value of their gold. Some gold buyers in the informal sector found a business…

Govt restricts silver jewellery imports till March 2026 to curb FTA misuse

gupta.umashanker.us6 months ago02 mins

The government believes the restrictions will create a level playing field for Indian jewellers, particularly small and medium enterprises, while also protecting the livelihood of workers in the industry. | Photo Credit: K.R Deepak / The Hindu The government on Wednesday imposed import restrictions on plain silver jewellery till March 31 next year, according to…