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Financiers can’t block borrower phones, online shaming barred

MUMBAI: Mobile phone financiers will face restrictions on “mobile lock” practices under RBI’s amended rules for loan recovery. Under the reworked draft regulation, lenders can restrict financed devices only under explicit contractual consent and after a 90-day default cycle with a staged 60-day and 7-day notice regime, while mandating that core functions such as incoming...
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Diplomacy to Q-comm: Melody’s demand spikes

BENGALURU/DELHI/MUMBAI: The shelves began emptying even before Parle Products could quite understand what was happening. By Wednesday evening, searches on Melody, the caramel toffee by the Mumbai-based manufacturer of biscuits and confectionery, had jumped over 190 times on Google, while search strings like ‘Melody Modi’, ‘Meloni Melody’ all had ‘breakout’ tags on the search platform....
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Pm Modi Five-Nation Tour: PM Modi’s five-nation tour secures nearly $40 billion investment pipeline for India

Prime Minister Narendra Modi’s recent five-nation visit has helped India secure an investment pipeline worth nearly $40 billion, with several multinational firms committing fresh investments and expansion plans across key sectors.PM Modi held meetings with chief executives and senior representatives of over 50 global companies during the tour, covering sectors such as semiconductors, logistics, infrastructure,...
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Stock Market Live Updates Today: Sensex opens over 500 points up; Nifty50 goes above 23,800 on positive global cues

Benchmark equity index Sensex erased steep early losses to finish 117 points higher on Wednesday, supported largely by gains in Reliance Industries, even as investor sentiment remained cautious amid elevated crude oil prices and continued weakness in the rupee. The 30-share BSE Sensex advanced 117.54 points, or 0.16%, to close at 75,318.39. The index had...
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Walmart (WMT) earnings Q1 2027

Customers shop at a Walmart store on May 13, 2026 in Chicago, Illinois. Scott Olson | Getty Images With all eyes on the health of the U.S. consumer, Walmart‘s fiscal first-quarter earnings report Thursday morning may offer Wall Street some of the best clues yet.  The big box retailer is expected to report another quarter...
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Investors moving away from stocks, going for MFs: Sebi

MUMBAI: For long, stock market and mutual fund industry analysts have been saying that Indian investors are maturing fast, moving away from trading in direct stocks and investing for the long term through the fund route. Now, a Sebi research paper, using granular data, has bolstered that notion. Using holdings data of households in depositories,...
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FMCG volume growth may slow to 3-4% this year

MUMBAI: The war-led volatility in energy markets coupled with the risk of food inflation amid projections of below-normal monsoon rains this year could weigh on FMCG volume growth, Worldpanel by Numerator (formerly Kantar) said in its update on Wednesday. It estimated volume growth to drop to 3-4% if the situation doesn’t improve, as an unstable...
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