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Customer ‘conned’ by Kotak Mahindra Bank over online account opening amid RBI crackdown, money refunded

The customer has accused Kotak Mahindra Bank of being scammed of ₹10,000 while trying to open an account online, however, the money has been refunded.

Govt allows sugar mills to use existing stocks of B heavy molasses for ethanol production

The directive comes at a crucial time as it aligns with the end of the sugarcane crushing season and supports India's ambitious ethanol-blending targets

Surat, not Belgium: India pushes back on G7’s diamond checks

India's counter to the G7's proposal for a diamond verification centre in faraway Belguim is traceability centres in Surat or Mumbai, the country's diamond processing hubs

RBI bars Kotak Mahindra Bank from adding new customers; Is your money in the bank safe?

The RBI has barred the private sector lender from new issuances due to deficiencies in the bank's IT system in 2022 and 2023, according to the latest statement.

What the FTC’s ban on noncompete clauses means for you

The FTC has issued a plan to ban noncompete clauses. Here’s what you need to know about them—and what to keep in mind before signing an agreement.

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