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Malaysia's billion-dollar 1MDB hunt hits Singapore wall as court protects 'dubious' deals

SINGAPORE, Oct. 1 -- A Singapore court has blocked attempts by foreign liquidators to recover funds linked to the 1Malaysia Development Bhd (1MDB) scandal, dealing a setback to Malaysia's wider effort... Read More


US government shutdown: What does it mean for the US stock market? EXPLAINED

New Delhi, Oct. 1 -- The United States has entered its first government shutdown in seven years and the third under President Donald Trump, after the Senate rejected the House's funding bill. Several ... Read More


'Khub sundor lagche': Kolkata woman's breathtaking Goddess Durga makeover goes viral for its divine detailing

India, Oct. 1 -- A striking makeover of Goddess Durga has captured widespread attention. A model was transformed to closely resemble the goddess, with intricate makeup and detailing that made the look... Read More


US shutdown today: What does it mean for the US stock market? EXPLAINED

New Delhi, Oct. 1 -- The United States has entered its first government shutdown in seven years and the third under President Donald Trump, after the Senate rejected the House's funding bill. Several ... Read More


US shutdown deadline today: What does it mean for the US stock market? EXPLAINED

New Delhi, Oct. 1 -- The United States is moving closer to its first government shutdown in seven years and the third under President Donald Trump. The Senate recently rejected the House's funding bil... Read More


RBI proposes to raise lending limit against shares to Rs 1 cr

MUMBAI, Oct. 1 -- The Reserve Bank on Wednesday proposed to raise the lending limit for banks against shares to Rs 1 crore and for IPO financing to Rs 25 lakh per person, a move that will increase the... Read More


Measures to promote use of INR for int'l trade announced

MUMBAI, Oct. 1 -- In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian ... Read More


'No proposal to levy charges on UPI transactions'

MUMBAI, Oct. 1 -- Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions. The governor also said the central bank is examining a proposal ... Read More


Slew of measures announced to help exporters

Mumbai, Oct. 1 -- The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the US administration on Indian sh... Read More


Markets rebound after 8-day slump

MUMBAI, Oct. 1 -- Market benchmarks rebounded sharply on Wednesday after an eight-session losing streak, with Sensex jumping 715 points, propelled by bargain hunting in bank and financial stocks after... Read More