CID Cracks Down on Tiger Global-Backed ‘Jar’ Over Alleged Ponzi-Style Violations
BENGALURU — In a move that has sent shockwaves through the Indian fintech ecosystem, the Karnataka Crime Investigation Department (CID) has officially launched an expansive probe into Jar Gold Retail Pvt. Ltd. The action, initiated by the Deposit Fraud Investigation Unit, targets the startup’s flagship digital gold savings model, alleging it operates as an unregulated deposit scheme. The Flashpoint: Legal …
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The ₹40 Lakh Crore Paradox: Why India is Hoarding Cash Amidst a Digital Revolution
New Delhi, February 2026 — India has reached a startling financial milestone that defies the logic of a “cashless” economy. According to the latest Reserve Bank of India (RBI) data, Currency in Circulation (CiC) has officially breached the ₹40 lakh crore mark as of January 2026—an 11.1% jump from the previous year. The figure is a head-scratcher for economists. While …
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India’s Business Pulse: Oil Diplomacy, Inflation Resets, and Corporate Accountability
New Delhi, February 16, 2026 — As India navigates a complex global economic landscape, recent developments ranging from a significant shift in energy sourcing to a complete overhaul of how the nation measures its cost of living are redefining the country’s business narrative. 1. Energy Breakthrough: Reliance Secures US License for Venezuelan Oil In a major strategic win for India’s …
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RBI Ends ‘Gunda Raj’: 100% Collateral for Brokers and Strict 7 PM Curfew for Recovery Agents
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Editor
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February 16, 2026
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Business, economic, Finance, Markets
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Mumbai, February 16, 2026 — In a major regulatory sweep, the Reserve Bank of India (RBI) has issued two significant sets of directives aimed at safeguarding the banking system from stock market volatility and protecting citizens from aggressive debt recovery tactics. The new rules, introduced as part of the Responsible Business Conduct Amendment (2026) and the Credit Facilities Amendment Directions …
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Mumbai, February 2026 — The Indian IT sector, long considered the backbone of the nation’s export economy, suffered a historic collapse today as the Nifty IT index plummeted 9% in a single trading session.
What market analysts are calling the “SaaSpocalypse” was triggered by a technological leap from the US-based AI giant Anthropic. Their new “Agentic Workflows” have effectively automated the mid-level management and integration tasks that thousands of Indian engineers were paid to perform manually. The Death of the “Billable Hour” For decades, giants like TCS, Infosys, and Wipro thrived on a simple …
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Norway’s economy in 2023 increases strongly
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admin
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August 3, 2022
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economic
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3 columns posts
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To mark the first UK show of artist Herni Brande, developers ThemesCamp and German studio schultzschultz have created the Ledge Wooden at Berlin city. Today most people get on average 4 to 6 hours of exercise every day, and make sure that everything they put in their mouths is not filled with sugars or preservatives, but they pay no attention …
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