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RBI Warns Banks Against Aggressive Cross-Selling of Financial Products
The RBI has drawn a firm line against aggressive sales tactics across India’s banking sector. The Reserve Bank of India released its final Responsible Business Conduct (Second Amendment) Directions, 2026, on June 15, 2026, with rules taking effect from January 1, 2027. These directions apply to commercial banks, small finance banks, payments banks, regional rural…
EPFO 3.0 Rollout: New UPI Withdrawal Facility and Enhanced Auto-Claim Limits for Members
EPFO 3.0 is reshaping how millions of Indians access their provident fund savings. The Employees’ Provident Fund Organisation has commenced the rollout of this next-generation digital platform, developed in collaboration with the National Payments Corporation of India. This framework covers roughly 30 crore members and is expected to be fully rolled out by mid-2026. The…
Yes Bank Shares Hit 52-Week High at ₹25.16, Surge 5.3% on Northern Arc Capital Partnership
Yes Bank shares witnessed strong buying interest in the stock market today as investor confidence improved after a key strategic update in its digital lending business. The stock touched a fresh 52-week high, supported by rising optimism around new partnerships and business expansion plans. The move reflects renewed trust in the bank’s retail credit growth…
Asian Stocks 0.8% Rise as Nikkei Nears Record Highs Ahead of Federal Reserve Interest Rate Decision
Asian stocks climbed about 0.8% on June 17, 2026, as investors looked ahead to the U.S. Federal Reserve’s latest interest rate decision. Japan’s Nikkei 225 moved closer to record highs, supported by strong technology shares and improving market sentiment. Traders across the region are watching for signals on future U.S. rate cuts and their impact…
CoreWeave Joins Nasdaq-100 as Analyst Sees 80% Upside, June 17
CoreWeave joins Nasdaq-100 on June 22, 2026. Cantor Fitzgerald maintains $167 price target. Stock up 66% in 2026 amid $131B backlog estimates.
Morningstar: Semiliquid Funds Hit $600B as Private Credit Cools, June 16
Semiliquid fund assets reach $600B as of March 2026. Private credit demand cools while private equity and venture capital attract investor capital.
Sheng Siong Joins Foodpanda for 1-Hour Grocery Delivery, June 17
Sheng Siong x Foodpanda: 1-hour grocery delivery from 43 outlets. Over 12,000 items, S$15 minimum order, free delivery on S$80+.
White House Ballroom Costs Soar to $600M, Taxpayers Fund Half, June 16
Trump’s White House ballroom project cost jumped to $600 million, with taxpayers now funding over half despite earlier private-funding promises.
Mike Johnson Pushes Social Security Reform as Trust Fund Faces 2032 Depletion
Speaker Johnson pushes Social Security reform as trustees warn of 22% benefit cuts by 2032 without congressional action before insolvency.