Second, the tribunal also rejected the assumption that previous occupation made further work unnecessary. What makes a house suitable for living varies with the buyer’s requirements and convenience, it observed. Civil and electrical work, carpentry, painting, flooring, tiles, lights, fans and partitions could not simply be classified as luxury spending.
Artificial Intelligence is rapidly becoming the most powerful tool available to investors today. AI allows investors to compare investment options, estimate their retirement corpus or review their portfolio in mere seconds by transforming hours of complex financial research into a simple conversation. Manikaran Singal, chief financial planner at Good Moneying Wealth Planners, a Sebi-registered investment…
Do you know your Central Know Your Customer (CKYC) number? This is a unique 14-digit identifier that ensures the opening of bank and financial accounts is seamless and transparent. The Reserve Bank of India (RBI), through press releases and text messages, has sought to educate citizens and urge them to understand the role of their…
New Delhi, Sebi has proposed tighter advertising norms for online bond platform providers, including restrictions on promotional claims that could encourage investors to make decisions without adequate due diligence. The proposed revised advertisement code seeks to address the growing use of digital advertising, social media and influencer-led promotions by online bond platforms, according to a…
A consumer court in Chandigarh has directed Park Club International Pvt Ltd to refund ₹95,000 to a customer who paid ₹1.10 lakh for a five-year holiday membership, alleging that the company failed to provide the promised hotel accommodation and other facilities. The Chandigarh District Consumer Disputes Redressal Commission also ordered the company to pay 9%…
The US Federal Reserve meeting on June 16-17 weighed concerns around rising inflation as the lingering impact of tariffs, the closure of the Strait of Hormuz, and the impact of AI buildout raised upside risks. The meeting was chaired by the newly appointed Fed Chairman Kevin Warsh. The committee unanimously decided to hold the rates…
Shares of IndusInd Bank dropped over 5% on Thursday, even after the private lender reported a 72% year-on-year (YoY) surge in net profit to Rs 1,037 crore for the first quarter of the ongoing FY27, with brokerages raising target prices for the stock. IndusInd Bank shares fell to Rs 1,015.10 apiece on NSE today, after…