Columns

Consumer protection: Legal heir, not nominee, is beneficiary of policy

The high court held that the Insurance Act, a general law, must yield to the Succession Act, a special law that governs the rights of legal heirs

Goods kept in cold store are not bailment, insurer must honour claims

The National Commission disagreed, observing that goods were stored against payment of rent, which could not be termed a bailment

What's needed to fight rising threat of money mules in digital age

India is tackling the menace with collaboration, information sharing, technology, stringent monitoring of accounts, and consumer education

RBI's MPC slashes repo rate once again, raises hope for more such cuts

An 'accommodative' stance effectively means that, absent any further shocks, the MPC is considering only two options - rate cut or a pause

How much easing could Reserve Bank of India signal in the April MPC?

To start with, growth and inflation forecasts will be in focus as the RBI will also publish their Monetary Policy Report (MPR) along with the MPC statement

What global finance must do to fight digital fraud across sectors

Fraud methods have become sophisticated, challenging traditional detection systems

Consumer protection: Manufacturer held liable for defective hip implant

The National Consumer Commission exonerated the doctor and the hospital but found DePuy and Johnson & Johnson liable for the defective implant

Why investors should opt for MFCentral for direct MF transactions

MFCentral makes direct plan MF transactions more robust by eliminating the middleman and also significantly reduces the risk of mis-selling

Consumer protection: Doctor can't be blamed for patient's negligence

The National Commission ruled that a doctor who had followed the acceptable line of treatment could not be accused of negligence because the treatment did not succeed

Central banks have work to do on price stability and inflation targeting

The consumer price index (CPI) has extensive relevance in people's daily lives. Periodic review of CPI composition and weights assigned will keep it robust and relevant

Bima Stack promises seamless insurance claims, better access for all

Bima Stack makes purchasing insurance simpler, speeds up claims and strengthens access to products. It gives people control over their data

Regulations to taxes: How India made M&A easier for its companies

M&A activity in India has largely been unaffected by geopolitical uncertainty

How shift to digital credit underwriting helps financial org in India

Digital underwriting is not just about making decisions quickly through automation: It ensures greater financial inclusion and improves risk control

Regulations have helped fintechs in governance

Fintechs in India have a young, technologically savvy population and a well-placed digital infra. Steps taken to ensure regulatory clarity and transparency are improving investor sentiment

Window opens to give urban cooperative banks an uplift

The success of National Urban Cooperative Finance and Development Corporation will revive public confidence in the sector and provide regulatory comfort

Investing for children: Buy house or opt for MFs?

I reminded Meera that although Karan's parents had a large bungalow in his hometown, professional opportunities had brought them to Mumbai. Their children might behave similarly

Soft power through WCT20 can help our businesses

Soft power is the ability to connect with others through culture and moral authority that can help influence their attitudes, and over a period of time their behavior to get the desired outcomes

Honest deal: PE, VC firms seek trust in firms they fund

No deal can advance without mutual trust. Enhancing trust is achievable by implementing higher governance standards, clear communication, ethical practices

What ails public sector banks?

Two books written by public sector bankers flag symptoms that range from seemingly small episodes to serious, reputation-ruining actions

When the RBI listens and communicates to bring change in the system

Regulation-making has become collaborative with changes first being brought in the form of a discussion paper or a draft circular