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Finance
RBI asks banks to curb agents’ role in KYCs of customers
The Reserve Bank of India (RBI) on Tuesday asked all banks under its jurisdiction to stop the use of direct selling agents (DSA) to sell retail loans and carry out physical verification of documents of…
Dip in gold prices lure customers; e-commerce industry see slump…
Days ahead of Diwali, gold dipped for the third day in a row to Rs 37,850 per 10 gram on Tuesday, luring customers to make some wonderful purchases. Similarly, the…
Billionaire Prem Watsa to double investments in India after…
Indian born Canadian billionaire Prem Watsa will soon invest another $5 billion in India in the coming five years, thus, doubling his investment. Watsa is the chairman of $70-billion Trornto-headquartered…
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Editor's Digest
Celebrating this Deepawali with a new zeal
The five-day Deepawali frenzy is understandable. And nothing, not even the global economic slowdown or the dipping GDP, can dampen the excitement the festival oozes. While people are all busy decking up their homes, most…...
No shortage of schemes like Poshan Abhiyaan – still…
Prime Minister Narendra Modi’s Poshan Abhiyaan is a step towards eradicating all forms of malnutrition in India where even after 70 years of Independence it has about 46.6 million stunted children. The statistics sound…...
Hindi Diwas: The language gets stronger with each…
On this day in 1949, the Constituent Assembly of India adopted Hindi written in Devanagari script as the official language of the Republic of India after the efforts of Hindi scholar Beohar Rajendra Simha paid off. The day…...
Motor Vehicle Act implemented successfully, but road…
It is less than a fortnight since the Motor Vehicles (Amendment) Act has been implemented in most states of the country. While the number of challans has gone down, the revenue generated has gone up tremendously. But…...
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