Information Financial News

Delhi High Court has observed that the situation of the district courts' record rooms where case documents are kept, is «grim» and the process of weeding out the records needs to be done expeditiously besides being monitored on a regular basis. The high court directed the principal district and sessions judges of all the district courts in Delhi to monitor the progress of weeding out of case records in their respective districts and take effective steps in this regard. Regarding weeding out of the record, a bench of Acting Chief Justice Manmohan and Justice Manmeet P S Arora was informed by the counsel for the Delhi High Court administration that necessary amendments have been already carried out, criterion for petty cases and cases for historical importance have been decided, committees to monitor weeding out have been constituted in each district court and around 52,000 files have already been weeded out. According to the quarterly report from January to March 2024, a total of 1,91,512 files have been identified for weeding out from all district courts and till now 52,167 filed have been weeded out.

RBI) on Friday proposed that lending service providers (LSPs), acting as agents of banks, should give information on all the loan offers available with them to borrowers so that they can make an informed decision. Many of the LSPs offer aggregation services for loan products. LSP is an agent of a regulated entity (RE) who carries out one or more of lender's functions or part thereof in customer acquisition, underwriting support, pricing support, servicing, monitoring, recovery of specific loan or loan portfolio on behalf of REs in conformity with extant outsourcing guidelines. In December last year, the RBI announced to issue draft framework saying connected lending or lending to persons who are in a position to control or influence the decision of a lender can be of concern, if the lender does not maintain an arm's length relationship with such borrowers.

The regulation reports to create enhanced due diligence measures and checks on customer’s identity. Obliged entities, such as banks or cryptocurrency asset managers, have to report any suspicious activities to Financial Intelligence Units (FIUs) or other competent authorities. This is an increased level of due diligence on the cryptocurrency industry.

If you hold multiple demat accounts, managing and maintaining them can become challenging over time, especially if only one account is actively used to hold your securities while the others remain inactive. The ease of opening demat accounts has led to many people having multiple accounts that they rarely use.

Delhi High Court on Friday allowed the lessors' plea which sought deregistration of the company's 54 aircraft. The court ordered deregistration of Go First's 54 planes in five working days which were subject matter of the case. The court has also restrained Go First from flying these planes. Indian civil aviation regulator DGCA has been asked to facilitate the export of aircraft and provide certificate of airworthiness.

unsecured loans vary from banks to banks and depend on a range of factors such as current employment, income, existing loans, and the credit history. There is no denying the fact that banks tend to lend to borrowers who have good to excellent credit scores for unsecured loans. Excellent Credit Score (Above 750): Borrowers with excellent credit scores usually have a higher chance of qualifying for unsecured loans and may also be given better interest rates and terms.

Small cap stock below ₹10: The board of directors of Standard Capital Markets Ltd is going to consider and approve a special dividend for its eligible shareholders in its upcoming meeting next week. The board of directors of the dividend paying stock may also consider and approve the fundraise proposal in this meeting through the issuance of fresh shares.

Extended Detection and Response tools gather all relevant data in one central hub, allowing security experts to quickly spot threats, track the attacker's movements within the company's infrastructure, and neutralize them. Without this level of monitoring, hackers could go unnoticed within the system for months, accessing sensitive information throughout that time. To detect and halt a supply chain attack efficiently, consider taking the following steps: Addressing issues related to human factors is essential in many contexts.

mutual funds, which offer a plethora of benefits making them an enticing option for planning your child's education. When contemplating investments for your child's education, adopting a long-term perspective is crucial. Mutual funds present the advantage of diversification, dispersing risk across various investment avenues.

Mutual funds emerge as the ultimate companion for financing your child's education, offering an array of benefits tailored to meet this crucial financial goal. Delve into the realm of why mutual funds stand as the perfect fit for nurturing your child's educational journey. Embarking on your child's educational voyage resembles navigating a financial roller coaster, where finding the optimal investment vehicle can seem akin to searching for a needle in a haystack.

Systematic Investment Plan (SIP). SIP mitigates equity investment risk through rupee cost averaging, buying more units when prices are low and fewer when they're high.

CIBIL score, depending on how you manage them. It is vital to ensure that you do not miss any instalment towards repayment of loan. Defaulting on a personal loan can substantially damage your credit score.

Indian stock market, GG Engineering share hit the upper circuit during Friday deals. GG Engineering share price today opened upside and touched a 5 percent upper circuit within a minute of the stock market's opening bell. While hitting the upper circuit on Friday, the small-cap stock priced below ₹5 locked in the upper circuit for the third straight session.

Stock market today: Ahead of the NSE mainboard listing on 29th April 2024, multibagger BSE stock Balu Forge Industries witnessed strong buying in the early morning session. This buying bet in Balu Forge share price took place despite weak stock market bias on Friday.

The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of crypto money-transmitting services that are not registered as Money Services Businesses (MSBs) in accordance with United States federal law. 

Q4 results 2024 today: Shares of Maruti Suzuki India Ltd (MSIL) will be in focus when the Indian stock market opens today. The Indian auto major has informed exchanges that its board of directors is going to consider and approve Q4 results 2024 on 26th April 2024 i.e.

Will cease to function if forced to break encryption, WhatsApp tells Delhi High Court WhatsApp and its parent firm have challenged Information Technology Rule 4(2) of the 2021 IT (Intermediary Guidelines and Digital Media Ethics Code) that compels "significant social media intermediaries" to "enable the identification of the first originator of the information" which may be required by a court order or other competent authority. WhatsApp has unequivocally said it would not break its end-to-end encryption as it argues it would violate users' privacy.

millennials to Gen Z, the world of investing is witnessing a seismic shift. With a keen eye for financial independence and a penchant for innovation, Gen Z is revolutionising the way we think about wealth planning. Here are some trends and investment tips tailored to Gen Z's unique needs, helping them navigate their investment journey and accumulate wealth while staying ahead of the curve.

A South Korean prosecutor was jailed for leaking sensitive information in a high-profile crypto fraud case, domestic media outlets reported on April 25.

Get all the Lok Sabha Election 2024 Live Updates with LiveMint. Lok Sabha Election 2024 Phase 2 Voting Live: Union Minister and BJP candidate Rajeev Chandrasekhar has said Thiruvananthapuram has seen little progress in last two decades. “Since the last 15-20 years, there has been very little progress in Thiruvananthapuram and in the lives of many people who are suffering from many problems that have not been solved...I request all of you to come out and vote today. This is an important day, not just for democracy, but for the future of Thiruvananthapuram and the future of your own families and children.

The Visa Onchain Analytics Dashboard is designed to be an easily-digestible, freely-available window into publicly-available aggregated blockchain data, beginning with stablecoins. From information on active users, to volumes by coin and blockchain, to transaction sizes and an evolving set of metrics, the dashboard looks to provide clear insights into stablecoin activity. Explaining the value of the resource, Visa head of crypto, Cuy Sheffield cites a chart that has been making the rounds on social media showing the volume that some of the world’s major settlement networks process annually, in billions of dollars, and comparing those to annual stablecoin volumes. The chart shows stablecoin volumes overtaking Bitcoin, PayPal and "remittances" - and fast approaching Visa.