RBI’s new norms brings flexibility for borrowers and banks

MUMBAI: The Reserve Bank of India (RBI) has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks. Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting—measures…

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TOI Dialogues Uttarakhand: Celebrating faith, culture and creativity in Devbhoomi | India News

Times of India presents TOI Dialogues Uttarakhand, a platform to delve into the state’s rich spiritual heritage and enduring contribution to the arts. Through insightful panel discussions and fireside chats, the event will celebrate Uttarakhand’s unique identity as a land where faith, culture and creativity converge. It is scheduled to take place in Dehradun on…

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Ex-Admiral Prakash submits eligibility documents; set to be included in Goa’s final roll | India News

New Delhi: Former Indian Navy chief Admiral Arun Prakash (retired) on Monday reportedly submitted all the necessary documents linking him to the electoral roll from last special intensive revision (SIR), paving the way for early resolution of the matter relating to the system-driven notice issued to him after all the fields in his enumeration form…

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Nvidia gives Intel $5 billion lifeline

Nvidia agreed to invest $5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop up an ailing archrival that sent Intel shares soaring.Nvidia will buy Intel common stock at $23 per share, the two companies said on Thursday. Intel will use Nvidia’s graphics…

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RIL shuts off Russian oil at export-only refinery unit

NEW DELHI: Reliance Industries (RIL) has stopped accepting Russian crude for the export-oriented unit at its Jamnagar refining complex in Gujarat from Thursday, a day before the deadline for accepting pre-ordered shipments under the latest round of US sanctions and a month before EU curbs on products made from barrels from Kremlin-backed exporters.From Dec, all…

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Pushing back against Trump pressure: India’s state-owned refiners look to fully revive Russia crude oil buys; lack of cargoes an issue

The US tariffs on India aim to increase pressure on Moscow regarding the Ukraine conflict. (AI image) Even as the Donald Trump administration wants India to stop purchasing Russian crude, Indian state-owned refiners are looking to fully revive their purchases of Russia oil. During the four weeks to August 31, India’s seaborne crude imports from…

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