A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).
iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover.
In another development, aviation safety regulator DGCA in an order on Sunday late evening extended the time by Monday 6 pm for IndiGo CEO Pieter Elbers and Chief Operating Officer and Accountable Manager Isidro Porqueras to submit reply to its show cause notice over the ongoing disruptions in the airline's operations.
'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'
In 2026, try and include these 10 crucial foods in your diet.
KKR acquired the left-arm pacer for Rs 9.20 crore (Rs 92 million) at last month's IPL mini auction in Abu Dhabi, making him the most expensive Bangladeshi player in IPL history.
A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.
The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.
Practical tips on getting out of your head and back to your life!
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
'The impact will be minimal and it will only increase compliance cost on consent, data flows, localisation timelines, internal audits, data mapping, and new tooling.'
The Telecom Regulatory Authority of India (Trai) said on Wednesday that instead of calculating charges for backhaul spectrum on a weighted-average formula based on the number of carriers a telco may have, a flat low rate should be applied.
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.
Prime Minister Narendra Modi addressed NDA parliamentarians, emphasizing that laws and regulations should serve the convenience of the common people and not cause harassment.
A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.
'Neither SAI nor state departments have a dedicated sports administration service. Instead, roles are filled by generalist civil servants or contractual staff, often lacking sector-specific expertise.'
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
Mundane as it may seem, this is in some ways a metaphor for the challenges facing the nation, argue Arvind Subramanian and Devesh Kapur in their new book, A Sixth Of Humanity.
Pilots' body the Federation of Indian Pilots (FIP) has alleged that IndiGo, despite getting a two-year preparatory window before the full implementation of new flight duty and rest period norms for cockpit crew, "inexplicably" adopted a "hiring freeze."
The US has replaced random H-1B selection with a wage-weighted lottery and a new $100,000 fee for applications, raising uncertainty for students and junior hires.
A single cup of chopped pineapple delivers a generous dose of vitamin C, covering well over three quarters of the daily requirement. Because C is an antioxidant vital for protecting cells, improving iron absroption and supporting collagen production, pineapple is a vauable fruit.
As many as 26 top e-commerce companies, including Zepto, BigBasket and Zomato, have given an undertaking that their platforms are free from misleading claims and unfair trade practices which constitute 'dark patterns', the government said on Thursday.
The Supreme Court declined to expedite a hearing regarding the widespread IndiGo flight cancellations, acknowledging the government's intervention in the matter.
Authorities in Kashmir have initiated a profiling process of mosques, madrassas, and individuals associated with their management following the exposure of a 'white collar' terror module. The enumeration drive focuses on the finances of these institutions and the backgrounds of their personnel.
Taking paracetamol is something that deserves careful attention and should not be done too casually or too often.
'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'
IndiGo cancelled over 1,000 flights on Friday and said operations are expected to normalise in the next 10 days, as the country's largest airline received flight duty norms relaxation from watchdog Directorate General of Civil Aviation (DGCA), which will probe the disruptions that have impacted thousands of passengers for four straight days.
Aviation regulator Directorate General of Civil Aviation (DGCA)'s chief Faiz Ahmed Kidwai on Friday requested the cooperation of all pilots to ensure smooth flight operations amid massive IndiGo flight disruptions.
The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.
Posters announcing plans for an Ayodhya-style Ram temple complex in Salt Lake have appeared, escalating the political duel between religious groups ahead of the Bengal assembly polls. The proposed complex includes a school, hospital, and old-age home.
Aviation watchdog DGCA has set up a four-member committee to carry out a comprehensive review and assessment of the circumstances that led to the massive flight disruptions.
As outrage mounted over the death of a 19-year-old Dalit student, the Himachal Pradesh government on Saturday suspended an assistant professor booked on charges of sexually harassing her and announced an inquiry into allegations, including those of ragging and cast related abuse of the victim, while the University Grants Commission also set up a fact-finding committee.
'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'
The aviation regulator stated that the "primary cause" of the disruptions was IndiGo's failure to make "adequate arrangements" to meet the revised staffing, duty-time and rostering requirements under the newly implemented Flight Duty Time Limitations scheme.
In the mid-1990s, when the shares of listed companies first began to be held in electronic form, they accounted for less than 1 per cent of the stocks bought and sold on the stock exchanges. This climbed to 99.5 per cent by 2001.
'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'
The Delhi High Court agreed to hear a plea regarding mass flight cancellations by IndiGo, while the Supreme Court acknowledged the chaos as a 'serious matter'. IndiGo has cancelled 500 flights, leaving many passengers stranded.
The Supreme Court of India is considering formulating pan-India guidelines to prevent road accidents on expressways and national highways, following a fatal accident in Rajasthan. The court is focusing on the issue of illegal 'dhabas' and encroachments along highways as potential causes of accidents.
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.
India's duopoly in the domestic skies -- where IndiGo and Air India collectively control over 90 per cent of the market -- is highly skewed, leaving very little room for new players
