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RBI tightens mis-selling rules; banks barred from incentive structures that encourage aggressive sales

In order to curb mis-selling and hold regulated entities accountable across all distribution channels, including social media influencers and digital marketing intermediaries, the Reserve Bank of India (RBI) on Monday tightened norms governing the advertising, marketing and sale of financial products and services. The revised directions, which will come into force from January 1, 2027,...
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Digital platform for managing wind energy supply chain launched

New Delhi: Minister for new and renewable energy Pralhad Joshi on Monday launched WT-MARUT, the country’s first dedicated digital platform for managing the wind energy supply chain. The portal is expected to strengthen India’s domestic wind manufacturing ecosystem and support the country’s clean energy expansion.The platform will facilitate end-to-end tracking of wind energy components, from...
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Anthropic to meet with Trump administration over Mythos dispute

Senior Anthropic staffers are meeting with Trump administration officials in Washington, D.C., on Monday to try to resolve the artificial intelligence company’s latest high-profile dispute with the U.S. government, according to a source close to the company. The person spoke anonymously to discuss an internal matter. Anthropic received an export control directive on Friday that...
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SPCX, ROKU, TRIP, RACE & more

Check out the companies making the biggest moves in midday trading: SpaceX — Shares were up 9% in the company’s second day of trading on Monday. SpaceX in its debut at the Nasdaq on Friday rose 19% from its IPO price of $135 per share. The company raised a total of $85.7 billion including the...
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