The Press Editor

Mumbai: Shares of non-banking financial company (NBFC) NCL Research & Financial Services are in focus as the company has announced that its board of directors has approved the company's entry into the digital personal loan business, subject to applicable laws, regulatory approvals, and completion of necessary statutory and corporate formalities. The board has also approved the incorporation of a subsidiary that will develop software to provide fintech services. "In a significant strategic initiative aimed at expanding its financial services platform, the Board of Directors has approved the Company’s entry into the personal loan business, subject to applicable laws, regulatory approvals,…

New Delhi: A comprehensive motor insurance policy provides financial protection against risks such as accidents, natural disasters, fire, theft, and third-party liabilities. While a comprehensive policy provides necessary coverage, experts believe electric vehicle owners should consider opting for a specific EV cover, such as the EV Shield add-on, to protect their vehicles. "This add-on typically helps cover the repair costs of EV-specific components, including expensive parts like the battery, electric motor, and charging equipment that can otherwise significantly increase repair bills," said Aditya Kumar, Head-Motor Underwriting, Digit Insurance.  Coverage for Charging Risks and Battery Issues It typically also covers charging-related…

New Delhi: The government on Wednesday said that some rubber parts and gaskets in BS-III vehicles, introduced from April 1, 2005, and manufactured before 2016,  may be impacted and require replacement when operated with E20 petrol, i.e. petrol containing 20 per cent ethanol. Regarding concerns about the mileage of vehicles using E20 fuel, Road Transport and Highways Minister Nitin Gadkari said that automobile manufacturers and vehicle/engine testing agencies have clarified that fuel efficiency is influenced by a host of factors beyond just the fuel type. He said studies have not shown any need to modify the car and two-wheeler engines…

Mumbai: Benchmark indices Sensex and Nifty rebounded on Wednesday to end the trading session in the green amid firm buying in IT, metal, banking and FMCG stocks. FII inflows also strengthened investor sentiment. The 30-share BSE Sensex closed 888.68 points or 1.16 per cent higher at 76,654.60. During the day, the benchmark hit a high of 77,765.49 and a low of 77,333.24, gyrating 432.25 points. The 50-share NSE Nifty was up by 264.85 points or 1.1 per cent and ended the session at 24,250.20. The broader market ended the session in the green. While the BSE MidCap Select Index gained…