Business

September 24, 2026 7:20 PM

views 384

Govt cautions public against investing in Nidhi Companies without background checks

 The Ministry of Corporate Affairs has issued an advisory to the common public about ‘Nidhi Companies’ and their functioning. The Ministry has warned against investment decisions without a proper background check, especially if there is a promise of high returns.     The Nidhi companies are mutual-b...

September 24, 2026 5:39 PM

views 3K

IRDAI proposes overhaul of insurance distribution framework

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a major overhaul of the insurance distribution framework, including a simpler three-tier architecture, lower expense limits, revamped commission structures and stronger safeguards against mis-selling.      The insurance...

September 23, 2026 5:11 PM

views 438

Sensex rises 299 points to close at 74,828; Nifty gains 118 points to settle at 23,447

Benchmark domestic equity indices rebounded today. The Sensex rose 299 points or 0.4 per cent to close at 74,828. The Nifty jumped 118 points or half a per cent to settle at 23,447.     In the broader market at the National Stock Exchange, the Midcap 100 index climbed 0.7 per cent, while the Smallca...

September 23, 2026 4:15 PM

views 478

RBI absorbs ₹75,026 crore through overnight VRRR auction amid surplus liquidity

The Reserve Bank of India (RBI) today absorbed 75,026 crore rupees from the banking system through an overnight Variable Rate Reverse Repo (VRRR) auction, amid surplus liquidity. The RBI absorbed the liquidity at a cut-off and weighted average rate of 5.24 per cent.     According to RBI data, as on ...

September 22, 2026 5:39 PM

views 532

RBI Receives Over $143.5 Billion Through Special Forex Swap Facility

The Reserve Bank of India (RBI) said its special US dollar-Indian rupee (USD-INR) forex swap facility has received forex inflows of over 143.5 billion US dollars till September 18, 2026. According to the latest data, Foreign Currency Non-Resident (Bank) [FCNR-B] deposits accounted for the overwhelmi...

September 22, 2026 5:24 PM

views 521

RBI Absorbs ₹71,971 Crore Surplus Liquidity Through Overnight VRRR Auction

The Reserve Bank of India (RBI) today absorbed 71,971 crore rupees from the banking system through an overnight Variable Rate Reverse Repo (VRRR) auction. The operation was conducted to absorb surplus liquidity from the system and align overnight money market rates with the benchmark policy repo rat...

September 22, 2026 4:27 PM

views 326

Sensex Ends 330 Points Lower at 74,529; Nifty Settles at 23,329

Benchmark domestic equity indices ended 0.4 per cent lower today. The Sensex lost 330 points to close at 74,529. The Nifty dropped 85 points to settle at 23,329. In the broader market at the National Stock Exchange, the Nifty Midcap 100 index dipped 0.1 per cent, while the Nifty Smallcap 100 index d...