Month: September 2022

RBI’s Action on Banks For Levying Penalty Without Informing Customers

RBI’s Action on Banks For Levying Penalty Without Informing Customers

Has your bank ever sent you an SMS for not maintaining the minimum balance? If yes, then your bank is doing the right thing.  But, a few banks recently debited their customer’s accounts without informing them about the minimum balance threshold. This is against the rule.  When RBI learnt about this, do you know what …

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Credit and Debit Card Tokenisation: How Will it Work in India?

Credit and Debit Card Tokenisation: How Will it Work in India?

The Reserve Bank of India is set to bring its card-on-file tokenisation norms into effect from October 1, 2022. Let’s find out how card tokenisation will work and how you can take advantage of the norm. Let’s begin. What’s Happening? Since the craze of online shopping began, the demand for credit and debit card payment …

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The buzz of moonlighting has awakened the entire IT industry! A few people claim that moonlighting is cheating on your employer. Is this even true? Is moonlighting legal in India? Let’s find out.

Chup Chup Ke 🤫 – Moonlighting! Is it Legal in India?

The buzz of moonlighting has awakened the entire IT industry! A few people claim that moonlighting is cheating on your employer. Is this even true? Is moonlighting legal in India? Let’s find out. What’s Happening? Moonlighting! The term has entirely taken over the internet after Rishad Premji, Wipro’s executive chairman, termed it as cheating by employees. …

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Solar PLI Scheme

Everything About Cabinet Approved Solar PLI Scheme!

Recently the government approved an additional Rs 19,500 crore Production-Linked Incentive (PLI) Scheme for the solar industry. Read to know about the solar industry’s current state and the PLI scheme’s benefits! What’s Happening? There are four stages in solar module making – polysilicon, wafers, cells and modules. The existing production capacities of 15 GW have …

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What is Reverse Stock Split, and How Does it Impact Your Portfolio?

We all have heard companies announcing a stock split, splitting their share into small pieces to make the share more accessible for investors to purchase. But did you know there is a reverse stock split as well? Reverse splits are not popular as a stock split, but it is an important corporate action you should …

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How will the NLEM affect the Pharma Industry

How Will The NLEM Affect The Pharma Industry?

NLEM, or the National List of Essential Medicines, was updated by the government last week. It included 34 new drugs and excluded 26 existing drugs from the list. But how does this affect the Pharma Industry? Let’s find out! What is the National List of Essential Medicines (NLEM)? The National Pharmaceuticals Pricing Authority (NPPA) is …

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