Business

26

Mar

By The Press Editor

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Business

How to raise a complaint with RBI; check step-by-step process

New Delhi: You notice an unexpected charge in your bank account or face a delay with a loan disbursal. Frustrating, isn’t it? Don’t worry—your concerns have a direct path to resolution through the Reserve Bank of India (RBI). RBI ensures that banks, NBFCs, payment system participants, and credit information companies are accountable. Here’s a simple, step-by-step journey to make your complaint heard and resolved: Step 1: Approach the entity first Before reaching out to the RBI, start at the source. Contact your bank, NBFC, or payment service provider.  Keep a record of your communication for reference. Step 2: Obtain acknowledgment…

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26

Mar

By The Press Editor

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Business

Petroleum, LPG supply fully secure, panic buying driven by ‘deliberate misinformation’: Petroleum Ministry

New Delhi: The Ministry of Petroleum and Natural Gas on Thursday categorically stated that the country’s petroleum and LPG supplies remain fully secure and under control. The Ministry also stressed that all retail fuel outlets across the country are adequately stocked, and there is no shortage of petrol, diesel or LPG anywhere in India. It has also cautioned citizens against falling for what it described as a coordinated campaign of misinformation aimed at creating unnecessary panic. According to the Ministry, India continues to stand strong in terms of energy security. "India is the world's 4th largest refiner and 5th largest…

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26

Mar

By The Press Editor

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Business

India has 60 days of stock of crude oil, supply fully secured: Government

New Delhi: Amid reports of LPG shortage and long queues at some petrol pumps, the Ministry of Petroleum and Natural Gas categorically said that India has 74 days of total reserve capacity, and actual stock cover is around 60 days right now. According to the government, India is completely secure for the next few months, even as we are on the 27th day of the Middle East crisis. "Nearly two months of steady supply is available for every Indian citizen, regardless of what happens globally. The next 2 months of crude procurement have also been secured," the ministry said. LPG…

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26

Mar

By The Press Editor

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Business

Amir Chand Vs Sai Parenteral Vs Powerica IPO GMP today, subscription status and other details

Mumbai: Amid stock market volatility, three initial public offerings (IPOs) are open for subscription. These IPOs are - Powerica Ltd, Sai Parenteral and Amir Chand Jagdish Kumar (Exports). The three-day subscription window of these public issues will close on March 27, 2026. As tomorrow is the last day for subscription, investors will be closely monitoring grey market premiums (GMPs) along with key details like price bands, lot sizes, and the subscription window. The GMP is the unofficial premium at which an IPO's shares are traded before their formal listing on the stock exchange. Let's take a look at the latest…

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26

Mar

By The Press Editor

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Business

Namo Bharat project is among most ambitious ventures in India’s mobility sector: Alstom India

New Delhi: In the heart of India’s rapid industrial evolution, a quiet revolution is unfolding on the tracks. As the nation pivots toward high-speed connectivity and smarter urban transit, Alstom India has emerged as the primary architect of this new era. From the world-first signalling debut on the Namo Bharat regional corridors to the rollout of fully autonomous, driverless metro systems in Delhi and Mumbai, the company's "Make in India" is driving India's rail revolution. To understand how the company is bridging the gap between global innovation and local execution, IndiaTV spoke to Olivier Loison, Managing Director of Alstom India.…

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26

Mar

By The Press Editor

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Business

Shriram Finance shares to be in focus as CCI okays Japan’s MUFG Bank proposal to acquire stake – Details

Mumbai: Shares of Shriram Finance will be in focus when the market opens on Friday, March 26, 2026, as the company has shared an important update related to the issuance of equity shares to investors by way of a preferential issue on a private placement basis. According to information shared with exchanges, the fair trade regulator, the Competition Commission of India (CCI), has approved Japan's Mitsubishi UFJ Financial Group Inc (MUFG) Bank's proposal to acquire a stake in Shriram Finance. The non-banking company said that the proposed transaction was approved by the CII on March 25, 2026. The development came…

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26

Mar

By The Press Editor

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Business

PSU Dividend Stock: IREDA declares 6% interim dividend, check record date and other details

Mumbai: State-owned company Indian Renewable Energy Development Agency (IREDA) has announced an interim dividend for its investors. This is a good opportunity for investors looking to make additional profit on their investment. This is extremely important as stock markets are witnessing a lot of volatility due to the ongoing Middle East war. The public sector company has also fixed a record date to determine the eligibility of shareholders for this corporate action. However, investors must buy the stock before the ex-date, which is generally 1-2 days before the record date, to be eligible for a corporate action. While the ex-date…

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26

Mar

By The Press Editor

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Business

Planning to invest Rs 5,000 in mutual funds? Can multiple SIPs give you extra return, find out here

New Delhi: Systematic Investment Plans (SIPs) have transformed the investment landscape for Indian retail investors by allowing them to begin investing with a minimum monthly contribution of Rs 5,000. But here’s the catch - many first-time investors think that splitting that Rs 5,000 across five different mutual funds is smart diversification. Some experts believe that this is a common mistake. "You face an excessive amount of work because you divided your money into too many parts, which we refer to as 'diworsification'," said  Ashish Anand, Partner, Fortuna Asset Managers. For the uninitiated, 'diworsification' is a term coined by Peter Lynch,…

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26

Mar

By The Press Editor

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Business

Market Holidays 2026: Is the stock market open or closed today for Ram Navami?

Mumbai: Ram Navami is one of the most important festivals in Sanatan Dharma and is observed on the Navami Tithi of Shukla Paksha in the month of Chaitra on the final day of Navratri. However, there is some confusion regarding the dates - in some parts, it is being celebrated today, while in others, the celebrations will take place on Friday, March 27, 2026. Amid this, investors are curious to find out when the Indian equity markets will observe a holiday. As per information available on the National Stock Exchange, the benchmark indices NSE and BSE will remain closed on…

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26

Mar

By The Press Editor

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Business

Bank holidays 2026: When are banks closed for Ram Navami in your city? Check state-wise list

New Delhi: If you are planning to visit a bank branch for any important work today, i.e., on Thursday, March 26, 2026, it is important to know whether banks are open or closed in your city. Today, on March 26, 2026, the festival of Ram Navami is being celebrated in several parts of the country. Some regions follow Udaya Tithi, and therefore, the festival will be celebrated on March 27, 2026. As a result, the first question that comes to many people's minds before visiting a bank is whether it is open or closed today. Some have to deposit a…

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