FIDC to oversee NBFCs as ‘self-regulatory body’

FIDC to oversee NBFCs as ‘self-regulatory body’

MUMBAI: RBI has recognised the Finance Industry Development Council (FIDC) as the official self-regulatory organisation (SRO) for NBFCs, aiming to tighten compliance, foster innovation, and boost sector development. The decision follows the June 19, 2024 press release inviting applications and the March 21 omnibus framework for SRO recognition. RBI received three applications, of which two…

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Mirabai Chanu shines in 48kg comeback with World silver | More sports News

Mirabai Chanu shines in 48kg comeback with World silver | More sports News

In this Wednesday, India’s Mirabai Chanu competes in the women’s 49kg weightlifting event at the 2024 Summer Olympics, in Paris, France. The Star Indian weightlifter Chanu (48kg) clinched a silver medal at the World Championships in the 48kg category in Forde, Norway, Friday, Oct. 3, 2025. (PTI Photo/Ravi Choudhary) (PTI10_03_2025_000390B) When Mirabai Chanu walked up…

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‘I need your help’: Vehicle rams steps of Los Angeles City Hall; cardboard sign has message for Donald Trump

‘I need your help’: Vehicle rams steps of Los Angeles City Hall; cardboard sign has message for Donald Trump

Los Angeles’s City Hall was evacuated after a car crashed into the steps of the building on Friday afternoon, according to officials.Approximately two hours after the crash, the driver was seen exiting the vehicle, walking with his arms raised towards a line of police and fire vehicles. He was subsequently handcuffed. There were no immediate…

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America’s 250th birthday: Is US getting a  Trump coin? Here’s what Treasury said

America’s 250th birthday: Is US getting a $1 Trump coin? Here’s what Treasury said

The US Treasury is considering a $1 coin featuring President Donald Trump to mark the country’s 250th anniversary, a Treasury spokesperson said on Friday. In a post on X, Treasurer Brandon Beach shared a coin draft and said that the first drafts, photos shared by a user on X, honor America’s 250th Birthday. “No fake…

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IND vs WI Live Score, 1st Test Match Day 3: Ton-up Ravindra Jadeja in focus as India eye big win against Windies

IND vs WI Live Score, 1st Test Match Day 3: Ton-up Ravindra Jadeja in focus as India eye big win against Windies

IND vs WI Live Score, 1st Test Match Day 3: India dominated the West Indies in the opening Test, ending Day 2 at 448/5 and a massive 286-run lead. KL Rahul scored his 11th Test century (100 off 197 balls), while Dhruv Jurel (125) and Ravindra Jadeja (104) continued India’s onslaught with stylish centuries, putting…

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‘Prepared for immediate implementation’: Israel ready to launch first stage of Donald Trump’s hostage plan; Netanyahu pledges ‘full cooperation’

AP file photo Israeli Prime Minister Benjamin Netanyahu’s office released an overnight statement noting that Israel is ready to begin the first stage of Trump’s plan to secure the immediate release of all hostages.“Israel is prepared for the immediate implementation of the first stage of Trump’s plan for the immediate release of all the hostages,”…

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External shocks’ impact on growth limited: FM Sitharaman

External shocks’ impact on growth limited: FM Sitharaman

Union finance minister Nirmala Sitharaman (ANI photo) NEW DELHI: Finance minister Nirmala Sitharaman said on Friday there will be limited impact of external shocks on India’s growth, due to strong domestic consumption and investment.“The Indian economy is resilient and continues to grow sustainably,” she said at the Kautilya Economic Conclave.The Indian economy is estimated to…

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Ahead of Pakistan game, snake scare headlines India training session at R Premadasa Stadium | Cricket News

Ahead of Pakistan game, snake scare headlines India training session at R Premadasa Stadium | Cricket News

Pakistan and India flags (AP Photo/Altaf Qadri) The Indian women’s cricket team encountered an unexpected visitor during their training session at the R Premadasa Stadium on Friday evening – a snake.The reptile, known as a common rat snake or “Garandiya” in Sinhalese, is a familiar sight at this venue, having appeared during Lanka Premier League…

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Manchester synagogue attack: Suspect on bail in rape case, influenced by Islamist ideology- Key points

Manchester synagogue attack: Suspect on bail in rape case, influenced by Islamist ideology- Key points

At least two Jewish were killed and three others critically injured in a car-ramming and stabbing attack outside Manchester’s Heaton Park Hebrew Congregation synagogue on Yom Kippur. Police identified the victims as Adrian Daulby, 53, and Melvin Cravitz, 66. Authorities confirmed that one victim was fatally hit by police gunfire during their response to the…

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Enhance tax certainty for foreign companies: Niti Aayog

Enhance tax certainty for foreign companies: Niti Aayog

NEW DELHI: Govt’s policy tank Niti Aayog proposed a comprehensive designed framework to enhance tax certainty and predictability for foreign investors. It recommended the introduction of an optional, industry-specific presumptive taxation scheme for foreign firms.Releasing a working paper on Friday, it also backed broader legislative clarity, administrative efficiency, robust dispute resolution mechanisms, and strategic alignment…

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