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Bank Customers Can Add 4 Nominees In Their Accounts From November 1
Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system.
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Will Power Banks Be Banned On Indian Flights? Stricter Rules Being Discussed
The Directorate General of Civil Aviation (DGCA) is considering a potential nationwide ban or stricter regulations on the use of power banks aboard aircraft, following a recent in-flight fire incident aboard an IndiGo flight in Delhi this week.
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RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
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US Court Rejects Trump's Bid To Remove Federal Reserve Governor Lisa Cook
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates.
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OKX Faces EUR 2.25 Million Fine By Dutch National Bank for Operating Without Registration
The Dutch National Bank fined OKX EUR 2.25 million (roughly Rs. 21.9 crore) for operating without proper registration between 2023 and 2024. The penalty comes under the country’s AML rules, which apply to all crypto firms regardless of size. OKX joins exchanges like Crypto.com and Kraken in facing sanctions. With MiCA now in full effect across th...
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Funeral Owner To Be Sentenced For Corpse Abuse After Storing 200 Bodies
It's been two years since nearly 200 decaying bodies were discovered throughout a fetid, room temperature building in rural Colorado.
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10 Things To Never Pack In Your Hand Luggage At Indian Airports
If you have ever been asked to step aside during a security check, it could be because of your luggage. Follow this simple guide to avoid any such hassle at Indian airports.
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No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
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"Elitist": ICICI Bank's New Minimum Balance Rule Sparks Strong Reactions On Internet
After ICICI Bank announced a sharp hike in the minimum average balance (MAB) requirement for its savings accounts, the move sparked strong criticism online, with many users condemning the change.
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ICICI Bank Raises Minimum Balance For New Customers: What This Means
Savings account holders in metro and urban areas will now need to keep a higher minimum balance of Rs 50,000, up from Rs 10,000 earlier.
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UK Export Of F-35 Parts To Israel Was Lawful, Court Rules
Britain's decision to allow the export of F-35 fighter jet components to Israel, despite accepting they could be used in breach of international humanitarian law in Gaza, was lawful, London's High Court ruled.
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From July 1: Aadhaar-PAN Rule, New Bank Charges, And Tax Deadline Extension Take Effect
From July 1, Aadhaar will be mandatory for PAN applications, income tax filing gets extended, and major banks like SBI, HDFC, and ICICI are implementing new charges on cards and transactions.
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What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
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ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
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She Could Not Blink For Bank KYC. How It Led To Landmark Top Court Verdict
The Supreme Court's landmark judgment, stressing that digital access is intrinsic to the right to life, follows a long legal battle led by an acid attack survivor whose inability to blink had become an obstacle in opening a bank account in her name.
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Bank Customers Can Add 4 Nominees In Their Accounts From November 1
Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system.
-
Will Power Banks Be Banned On Indian Flights? Stricter Rules Being Discussed
The Directorate General of Civil Aviation (DGCA) is considering a potential nationwide ban or stricter regulations on the use of power banks aboard aircraft, following a recent in-flight fire incident aboard an IndiGo flight in Delhi this week.
-
RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
-
US Court Rejects Trump's Bid To Remove Federal Reserve Governor Lisa Cook
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates.
-
OKX Faces EUR 2.25 Million Fine By Dutch National Bank for Operating Without Registration
The Dutch National Bank fined OKX EUR 2.25 million (roughly Rs. 21.9 crore) for operating without proper registration between 2023 and 2024. The penalty comes under the country’s AML rules, which apply to all crypto firms regardless of size. OKX joins exchanges like Crypto.com and Kraken in facing sanctions. With MiCA now in full effect across th...
-
Funeral Owner To Be Sentenced For Corpse Abuse After Storing 200 Bodies
It's been two years since nearly 200 decaying bodies were discovered throughout a fetid, room temperature building in rural Colorado.
-
10 Things To Never Pack In Your Hand Luggage At Indian Airports
If you have ever been asked to step aside during a security check, it could be because of your luggage. Follow this simple guide to avoid any such hassle at Indian airports.
-
No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
-
"Elitist": ICICI Bank's New Minimum Balance Rule Sparks Strong Reactions On Internet
After ICICI Bank announced a sharp hike in the minimum average balance (MAB) requirement for its savings accounts, the move sparked strong criticism online, with many users condemning the change.
-
ICICI Bank Raises Minimum Balance For New Customers: What This Means
Savings account holders in metro and urban areas will now need to keep a higher minimum balance of Rs 50,000, up from Rs 10,000 earlier.
-
UK Export Of F-35 Parts To Israel Was Lawful, Court Rules
Britain's decision to allow the export of F-35 fighter jet components to Israel, despite accepting they could be used in breach of international humanitarian law in Gaza, was lawful, London's High Court ruled.
-
From July 1: Aadhaar-PAN Rule, New Bank Charges, And Tax Deadline Extension Take Effect
From July 1, Aadhaar will be mandatory for PAN applications, income tax filing gets extended, and major banks like SBI, HDFC, and ICICI are implementing new charges on cards and transactions.
-
What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
-
ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
-
She Could Not Blink For Bank KYC. How It Led To Landmark Top Court Verdict
The Supreme Court's landmark judgment, stressing that digital access is intrinsic to the right to life, follows a long legal battle led by an acid attack survivor whose inability to blink had become an obstacle in opening a bank account in her name.
