THE SUPREME COURT on Friday set aside an order of the National Consumer Disputes Redressal Commission (NCDRC) which barred banks from charging more than 30% interest on credit card dues.
A bench of Justices Bela M Trivedi and Satish Chandra Sharma reversed a 2008 decision of NCDRC that held that it was an unfair trade practice from the part of banks to charge credit card users more than 30% interest rate during delayed payments.
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Diese Geschichte stammt aus der December 21, 2024-Ausgabe von Financial Express Pune.
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Unclaimed insurance amount over ₹20k cr: Irdai
THE LIFE INSURANCE sector has reported unclaimed amounts totalling ₹20,062 crore as of March 2024, according to the Insurance Regulatory and Development Authority of India (Irdai).
More flights to Thailand and Malaysia as visa-free entry spurs Indian traffic
In the autumn of 2023, Thailand and Malaysia extended visa-free entry to Indian nationals in the hope of attracting tourists from the country at a time when they were travelling overseas like never before.
Farm protests: Punjab seeks Chouhan's help
THE AAP-LED Punjab government has knocked on the Centre's doors, seeking Union agriculture minister Shivraj Singh Chouhan's help to end the impasse over the ongoing farmers' protest at the Punjab-Haryana border.
India Raises Dam Plan With China
● Urges China to ensure interests of downstream states
PM targets Kejriwal: I built homes, not Sheesh Mahal
OPENING THE BJP's campaign in Delhi for the Assembly elections likely next month, Prime Minister Narendra Modi Friday targeted Arvind Kejriwal, chief of the ruling AAP, saying he could have built a \"Sheesh Mahal\" for himself but chose to give people, especially the poor, a home of their own.
DPDP draft rules
ONE OF THE standout features of the draft rules is the emphasis on parental consent for processing the data of children under 18.
Reality check for indices
The domestic equity markets have been weighed down by slower economic growth, sluggish manufacturing activity, liquidity deficits in the interbank market, and a sharply depreciating Indian rupee against the US dollar.
Gold prices flat at ₹79,700
GOLD PRICES TRADED almost flat at ₹79,700 per 10g in the national capital on Friday, according to the All India Sarafa Association.
HUL nears deal to buy Minimalist
UNLIKE MOST OF its new-age competitors in the beauty and personal care category, Minimalist is profitable.
Rupee decline drives forward premium rates
As a part of its exchange rate management measure, RBI has been using other tools like active intervention in the NDF market and conducting mid-tenor buy/sell swaps, selling dollars for a future maturity, thus leaving rupee liquidity and forex reserves partly unaffected.
