TazaPulse

Not referring cases to internal ombudsman a concern: RBI

TazaPulseJuly 21, 2026

MUMBAI: RBI deputy governor Swaminathan J has expressed concern that a significant number of customer grievances that are ultimately resolved in favour of the customer by RBI’s integrated ombudsman were never referred to the bank’s internal ombudsman in the first place.Highlighting this as a lapse on the part of bank, Swaminathan said that “This is...

No move to scrap LTCG tax on equities: Govt

TazaPulseJuly 21, 2026

NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.“The tax policies, including capital gains tax rates, are revised periodically as part of the annual budgetary process and legislative revisions after taking into consideration the macroeconomic...

Sikkim tunnel collapse: Seven dead, several feared trapped as rescue operation continues | India News

TazaPulseJuly 21, 2026

Ambulance and Fire tenders rush to the spot following Samardung tunnel collapse (ANI) NEW DELHI: At least seven people have died while several workers are feared trapped inside an under-construction tunnel in Sikkim’s Namchi district after a landslide blocked the entrance and triggered a suspected gas leak on Monday. The incident occurred inside an under-construction...

Monetisation of assets helps NHAI pare debt

TazaPulseJuly 21, 2026

NEW DELHI: Accelerated monetisation of highway assets has enabled the NHAI to prepay loans of over Rs 1.2 lakh crore and repay another Rs 31,300 crore since March 2022, reducing its overall debt to just under Rs 2 lakh crore, according to govt data.NHAI’s debt had touched an all-time high of Rs 3.5 lakh crore...

At 5% in June, core sector grows fastest in 5 months

TazaPulseJuly 21, 2026

NEW DELHI: India’s expanded core sector grew at the fastest pace in five months to touch 5% in June, compared with 1.1% a year ago, official data with a revised base year 2022-23, released on Monday, showed. The new series expands the core sector basket to nine industries by adding iron ore.The infrastructure industries showed...

Supreme Court orders new SIT into Ram temple donation theft, will monitor probe | India News

TazaPulseJuly 21, 2026

NEW DELHI: Taking over supervision of Ayodhya Ram Mandir fund embezzlement scam investigations, the Supreme Court on Monday ousted local police from probing the charges by entrusting it to a SIT led by a senior IPS officer and directed Shri Ram Teerth Kshetra Trust to preserve receipts of donations it received since commencement of construction...

Stocks, rupee slide as oil spike fuels pressure

TazaPulseJuly 21, 2026

MUMBAI: Indian markets closed lower on Monday as fluctuating crude prices and global risk-off cues weighed on sentiment, with the sensex falling 443 points or 0.6% to 77,709 and the Nifty declining 96 points or 0.4% to 24,239, while the rupee weakened to 96.45 against the dollar from 96.28.Banking stocks led the decline after mixed...

hyundai motor39s south korean union approves strike action over stalled wage talks

Hyundai lays groundwork for mass-market EV launch

TazaPulseJuly 21, 2026

CHENNAI: Hyundai Motor India (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of components ahead of the launch of its first mass-market electric SUV, slated for this fiscal.The company...

J&K floods: Lal Chowk flooded, Amarnath yatra stays suspended | India News

TazaPulseJuly 21, 2026

SRINAGAR: A heavy spell of rainfall Monday morning inundated Srinagar’s Lal Chowk, the city’s iconic square that has emerged as a major tourist attraction since the abrogation of Article 370.Images of a flooded Lal Chowk and the clock tower were widely circulated on social media, with netizens mocking the govt over the alleged failure of...

Ex-tech execs’ startups find favour with VCs, says report

TazaPulseJuly 21, 2026

MUMBAI: Building for startups as employees can come with their own competitive advantage—young ventures being set up by such tech professionals are finding favour with venture capital (VC) investors who are infusing funds into their companies even though the broader flow of investments continues to be selective.VCs are betting on experience here. The number of...