Guidelines Financial News

WASHINGTON—More Americans are filing for bankruptcy to get rid of their student debt. The increase came after the Biden administration made it easier for student borrowers to apply for bankruptcy by overhauling its guidelines last November. The government now supports borrowers’ use of bankruptcy to eliminate student debt when they meet certain economic hardship conditions.

Edelweiss Mutual Fund announced the launch of the Edelweiss Silver ETF. The scheme opened for public subscription on November 16, 2023, and will close on November 20, 2023.

Diversification: By investing in a combination of large-cap and mid-cap stocks, these funds effectively mitigate risk through diversification. Growth potential: Over the long term, such mutual funds have the potential to yield higher returns compared to other types of mutual funds, tapping into the growth prospects of mid-cap stocks. Stability: The inclusion of large-cap stocks in the portfolio adds a layer of stability to these kinds of funds, making them more resilient than pure mid-cap funds.

The New York State Department of Financial Services (NYDFS), the authority that supervises and regulates activities of financial institutions in the State of New York, has released a guidance that regulate the listing and delisting of cryptocurrencies.

The Federal Trade Commission says it issued warnings to two food and beverage industry groups, as well as to a dozen online influencers and dieticians for failing to adequately disclose paid social media posts that promoted a sweetener and sugary products

Lawyers for the founder of truckmaker Nikola Corp. say he should not face incarceration because his criminal conviction is nothing like what landed Theranos founder Elizabeth Holmes in prison

TCS: Tata Consultancy Services (TCS) fixed the record date for its ₹17,000 crore share buyback plan on 25 November, the company said in its stock exchange filing on Wednesday. The IT major, on October 11, had announced to buyback up to 4,09,63,855 fully paid-up equity shares of face value of ₹1 each at ₹4,150 per equity share for an amount equivalent to ₹17,000 crore.

Bajaj Finance Ltd from lending under its eCOM and Insta EMI Card products.“This action is necessitated due to non-adherence of the company to the extant provisions of digital lending guidelines of Reserve Bank of India, particularly non-issuance of key fact statements to the borrowers under these two lending products and the deficiencies in the key fact statements issued in respect of other digital loans sanctioned by the company," the RBI said in a press release on Wednesday.The regulator said it will review the supervisory restrictions after the company rectifies deficiencies to the RBI’s satisfaction. (Read More)U.S.

Indian Space Research Organisation (ISRO) Wednesday said the cryogenic upper stage of the LVM3 M4 launch vehicle, which successfully injected the Chandrayaan-3 spacecraft into the intended orbit on July 14 this year, made an uncontrolled re-entry into the Earth's atmosphere at around 14:42 IST today. "The probable impact point was predicted over the North Pacific Ocean.

MUMBAI : Care Health Insurance Pvt. Ltd issued employee stock options (Esops) to Rashmi Saluja, executive chairperson of its parent Religare Enterprises Ltd (REL), despite the insurance regulator specifically rejecting the proposal, proxy advisor InGovern Research Services said. After the rejection, the Care board claimed that insurance regulator’s approval was not really required for granting the options.

Bank of India (RBI) has barred Bajaj Finance Ltd from lending under its eCOM and Insta EMI Card products. “This action is necessitated due to non-adherence of the company to the extant provisions of digital lending guidelines of Reserve Bank of India, particularly non-issuance of key fact statements to the borrowers under these two lending products and the deficiencies in the key fact statements issued in respect of other digital loans sanctioned by the company," the RBI said in a press release on Wednesday. The regulator said it will review the supervisory restrictions after the company rectifies deficiencies to the RBI’s satisfaction.

Reserve Bank of India (RBI) has asked NBFC Bajaj Finance to stop sanctioning and disbursing loans under its two lending products ‘eCOM’ and ‘Insta EMI Card’ with immediate effect owing to non-adherence of lending norms set out by the regulator. «This action is necessitated due to non-adherence of the company to the extant provisions of Digital lending guidelines of Reserve Bank of India, particularly non-issuance of Key Fact Statements to the borrowers under these two lending products and the deficiencies in the Key Fact Statements issued in respect of other digital loans sanctioned by the company,» RBI said in a press release on Wednesday. The central bank has said that it will review these supervisory restrictions following the rectification of the deficiencies listed out, to the satisfaction of the RBI. (This is a breaking development, please check back for more updates)

Rohit Srivastava, Founder, Indiacharts.com, says “I do not think we will dip and fill the gap much. In fact, we may see a continuation of this move higher. You will have to selectively look at where you can come in with fresh trades as more and more stocks start to participate. We have not really seen the entire market participate in this move. Which is why there will be many opportunities in individual names to pick on even though the index may appear to have already moved up a bit, we are probably not done with this move.” After this gap up opening, should one buy the momentum or should one wait to fill the gap and then look at buying more positions as far as Nifty and Nifty Bank go? In bullish markets, sometimes the gaps do not get filled, at least not immediately till the next cycle of correction comes in. I am not so sure whether this gap will get filled. I know what happened in the early part of this week, especially over the Diwali weekend as we gapped up on Diwali Day, the firecrackers went off and then the next day, a lot of the gains were given back.

Should your granola bar come with a warning label? Concern is rising about the amount of ultra-processed foods in American diets, and the effect eating so many of those foods has on our health. Part of the problem, nutrition researchers say, is that lots of healthy-seeming items—many breakfast cereals, soups and yogurts as well as granola—fall into that category. Recent studies have linked diets high in ultra-processed foods to increased risks of obesity, Type 2 diabetes, cancer, cardiovascular disease and depression.

YouTube has issued a fresh set of guidelines in a blog today in order to tackle artificial intelligence (AI) generated videos being published on the platform. In the blog post that is titled, “Our approach to responsible AI innovation,” YouTube stated that the platform has had policies for a long time towards forbidding “technically manipulated content” as they don’t want such content to misdirect audiences. The platform also went on to say that AI-generated content can cause harm especially if the viewers don’t know if they are altered. As per reports, Jennifer Flannery O’Connor and Emily Moxley both Vice Presidents of Product Management at YouTube said that these guidelines are “especially important” if the videos discuss volatile issues like elections, conflicts or about important political personalities.

National, 14.11.2023: Metropolis Healthcare Limited, India’s leading diagnostic service provider, has launched the Next Best Action (NBA) initiative, a comprehensive patient education program designed to address the alarming rise in chronic diseases. This ground-breaking initiative is fuelled by an in-depth data study involving 1,50,261 adults who underwent general body check-ups under the TruHealth package by Metropolis, from 2019 to 2022. The NBA initiative aims to empower patients to take charge of their health and prevent the severe complications associated with chronic conditions.

by Shirin Ghaffary

list of funds that bought the stock as anchor investors, you will find in that list a large cap fund, a small cap fund, and a mid-cap. And this is over and above categories like multicap, special situations, retirement savings among others! It appears that mutual fund mandates are just “fine print" and not really something that stands for anything.

head coverings ahead of upcoming recruitment exams to various state boards and corporations. The guidelines have not banned hijab but it is inferred that head coverings associated with different faiths such as Islam and Sikhism will not be permitted in the exam hall, to vade off malpractices using Bluetooth devices. The Examination authority also banned electronic gadgets like phones and Bluetooth earphones inside the examination centre, reported ANI.

The Democratic Party of South Korea has instituted a new policy requiring preliminary candidates for the upcoming general elections to disclose their holdings in virtual assets, including cryptocurrencies, according to The Korea Economic Daily (Hankyung).

BEIJING (Reuters) — China has ordered its local governments to halt public-private partnership projects identified as «problematic» and replaced a 10% budget spending allowance for these ventures with a vetting mechanism by Beijing as it tries to curb municipal debt risks.