Business

Mumbai: RBI has proposed a new framework under which banks will temporarily freeze only the disputed transaction amount, rather than the entire account, when unusual transfers of Rs 1,000 or more are flagged as potentially linked to mule accounts or cyber fraud.Banks will be required to use AI-based transaction monitoring systems to identify transfers that…

NEW DELHI: As Russian refineries came under attack from Ukraine, damaging energy infrastructure and crippling domestic fuel supplies, Moscow imported a record 172,000 tonnes of oil products in Aug, with nearly 70% of it coming from India, Centre for Research on Energy and Clean Air (CREA) has said in its monthly report.India, however, remained the…

Bank holiday on September 14 Planning to visit a bank as the week begins? You might want to reschedule, with banks across various parts of the country set to remain shut on September 14 for Ganesh Chaturthi, which celebrates the birth of Lord Ganesha.However, the September 14 closure is state-specific, so bank branches will not…

Gold and silver prices are likely to stay volatile (representative image) Gold and silver prices are likely to remain volatile next week, with the US Federal Reserve’s interest rate decision, crude oil movements, the US dollar and developments in the US-Iran conflict expected to drive market sentiment, analysts said.The September 15-16 meeting of the Federal…

Stock market holiday on September 14 Ganesh Chaturthi is falling on Monday, September 14 and investors are wondering whether the festival will affect trading in the stock and commodity markets.NSE and BSE follow their own trading holiday calendars, which are separate from holidays observed by banks and government offices. According to the 2026 exchange calendar,…

India’s Dedicated Freight Corridor project has finally reached a milestone that was years in the making. Indian Railways moves the nation – from passengers to goods – the network is vast, but also congested. Trains, whether passenger or freight, face delays, slower average speeds as the system functions under the load of huge demand.But now,…

What will set the tone for Dalal Street this week? With only four trading sessions, investors will be watching a clutch of key triggers, the US Federal Reserve’s interest rate decision, domestic inflation data, crude oil prices and developments in the Middle East for cues on the market’s next move, analysts said.Markets will be closed…

India’s semiconductor sector gathers pace with $701 million raised since 2025 (representative image) India’s semiconductor sector has attracted $1.4 billion in cumulative equity funding across 281 funded companies, with nearly half of the amount raised since 2025, according to Tracxn data cited by PTI.The sector raised $701 million since 2025, including $228 million in 2026…

FPIs withdraw Rs 13,138 cr from equities in Sep so far amid global uncertainty Foreign portfolio investors have pulled out Rs 2.37 lakh crore from Indian equities so far this year, with the latest selling coming in the first half of September as global uncertainty, higher crude oil prices, rising US bond yields and a…

India supplies 70% of Russia’s record fuel imports as Ukrainian drones hit refineries India emerged as the biggest source of Russia’s fuel imports in August, as Ukrainian drone strikes hit Moscow’s refineries and disrupted domestic fuel production. During the month, Russia imported 172,000 tonnes of oil products, more than seven times its previous monthly record.According…