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    Rajya Sabha privileges panel holds 12 MPs guilty of misconduct for causing disruptions, cautions them

    The Privileges Committee of the Rajya Sabha has found 12 opposition MPs, including AAP's Sanjay Singh, guilty of misconduct for disrupting House proceedings in August 2023. The panel accepted Singh's unconditional apology and recommended revocation of his suspension, considering the punishment suffered by him sufficient. The AAP MP was suspended from the Rajya Sabha on July 24, 2023, for breaching privilege, repeatedly violating rules, and casting aspersions on the leader of the House.

    RBI cautions against surge in private credit between corporates and non-banks

    The Reserve Bank of India (RBI) warns of systemic risks from the rapid growth of private credit, which has quadrupled in the past decade, especially due to its opacity and interconnectedness with banks and non-banks. The RBI highlights potential vulnerabilities in this segment, including the risk of sharp losses during a credit cycle downturn and challenges posed by complex structures and liquidity risks.

    Kenya violence: Indian nationals advised to exercise 'utmost caution'

    The Indian High Commission in Kenya issued a cautionary advisory to Indian nationals, urging them to exercise "extreme caution" due to the current "tense" situation caused by violent protests in various cities across the African nation. The unrest stemmed from contentious demonstrations in Nairobi and other urban centers following the passage of a controversial bill by the Kenyan parliament, which aimed to raise taxes.

    Kanchanjunga Express accident: ECR suspends issuing of T/A 912, directs drivers to maintain caution

    The East Central Railway (ECR) has suspended the T/A 912 written authority letter for train drivers to cross signals in case of automatic signal failure. The decision was taken at a safety meeting, following a Kanchanjunga Express-goods train collision that killed 10 people. The ECR's circular stated that the T/A 912 would not be issued until further advice, and instead, the provision of G&SR 9.02 will be used for double line.

    Former Google MD reveals why he’s not impressed with 'Harvard Alum' status on CV, cautions job seekers

    Former Google MD Parminder Singh, now COO of Tatler Asia, warns against misrepresenting academic credentials after encountering a job candidate claiming 'Harvard alum' status with only a short-term course. Singh stresses the distinction between short courses and degree programs, emphasizing integrity in job applications. His insights sparked discussions online, highlighting the importance of honesty in professional profiles.

    MFs sound caution on ‘excessive’ valuations in mid & small-caps

    The share of mid-cap and small-cap companies in India's total market value reached a record high in May. Fund managers caution that the sharp rise in these shares may be excessive, citing excessive valuations in the segment.

    • CBIC cautions public against frauds in the name of Indian Customs

      The Central Board of Indirect Taxes and Customs (CBIC) issued an alert regarding fraudulent activities where imposters pose as Indian Customs officials to deceive the public, often through digital means like calls or SMS. CBIC launched a comprehensive awareness campaign urging vigilance and precautionary measures against such scams, emphasizing verification and reporting of suspicious activities

      NSE chief cautions retail investors against derivatives trading

      National Stock Exchange (NSE) chief Ashishkumar Chauhan on Friday cautioned retail investors against trading in derivatives and suggested them to invest in equities through mutual fund route.

      Japan's Nikkei falls as caution sets in before key central bank decisions

      Japan's Nikkei share average fell 0.66% to 38,876.71, dragged down by Fast Retailing. The broader Topix slipped 0.73% to 2,756.44. Market analysts await key updates on Bank of Japan's policy.

      'Caution against honey trap…': RSS member denies making sexual exploitation charge against Malviya
      RBI cautions micro finance lenders against usurious interest rates

      The Reserve Bank of India (RBI) has warned lenders, particularly in the microfinance sector, against charging "usurious" interest rates by exploiting the regulator's freedom. While most lenders follow guidelines on the Key Facts Statement (KFS), some continue to impose undisclosed fees and high interest rates, particularly on small-value loans provided by microfinance institutions (MFIs) and non-banking financial companies (NBFCs).

      Surprised by today's market rebound; expect near term caution in capex-led themes: Chris Wood

      I think it is a bit premature to assume that because you have still got the horse trading. I mean, clearly the base case is that the current government remains in power with coalition partners and that is not a disaster. But the reality is the great virtue of the last 10 years has been clear government, consistent policies, and not having to worry about horse trading between parties, which is always a feature of coalition governments.

      Tata Mutual Fund warns investors of fake social media accounts

      Tata Mutual Fund has issued a public caution notice to alert its investors, distributors, brokers, investment advisors, partners, and the public about fraudulent activities on social media platforms. The notice highlights the presence of fake websites, mobile applications, and WhatsApp groups impersonating the company or its officials.

      US stocks range-bound on Fed policy caution, Nvidia results watch

      The Dow fared better than its peers, boosted by financials and a 1.5% rise in Microsoft, a day after the tech giant launched its new line of personal computers with AI features. JPMorgan Chase rose 1.3%, recovering from Monday's 4.5% slide. That, coupled with gains in other major big banks, steered a 1.2% advance in the S&P 500 banks index.

      European stocks dip as rate uncertainty weighs

      European stocks slipped 0.3% as U.S. Federal Reserve officials cautioned on interest rate cuts. The STOXX 600 index saw gains in healthcare stocks offset by losses in banks and utilities.

      Aggression or Caution: The choice facing Iran's next leaders

      A decade ago, it was possible to imagine a very different future for the United States and Iran. Raisi's predecessor, Hassan Rouhani, and his urbane, Western-educated foreign minister, Mohammad Javad Zarif, seemed determined to dial back the decades of hostility, and sanctions, that had crippled Iran's economy. They talked about personal freedom and women's rights, and courted European leaders even while Iran's Revolutionary Guard kept funding terrorism.

      RBI's Swaminathan cautions NBFCs on poor data, unsecured loans

      "While automation can enhance efficiency and scalability, NBFCs should not allow themselves to be blinded by these models. It is crucial to recognise that rule-based credit engines are only as effective as the data and criteria upon which they are built. Over-reliance on historical data or algorithms may lead to oversights or inaccuracies in credit assessment, particularly in dynamic or evolving market conditions," Swaminathan said.

      Mama Earth CEO Ghazal Alagh cautions Indians against being too dependent on Korean beauty products

      As per the entrepreneur, due to the higher melanin content in Indian skin compared to Koreans, we are predisposed to skin concerns like tanning, pigmentation, and dark spots. Furthermore, extensive skincare routines may exacerbate these issues instead of resolving them. Alagh suggested that although Korean skincare products can be included at times, they shouldn’t become the mainstay of desi beauty regimen.

      SC cautions ED against 'unnecessary harassment' of Tamil Nadu district collectors

      The Supreme Court cautioned the Enforcement Directorate (ED) on Monday against causing undue inconvenience to district collectors in Tamil Nadu. This came after the Tamil Nadu government alleged that the collectors were kept waiting at the ED's office for long hours.

      RBI cautions banks on gold loan disbursals through fintech startups

      RBI cautions banks on gold loan disbursement concerns through fintechs like Rupeek, IndiaGold, and Oro Money. Banks evaluating next steps post IIFL Finance issue. Asset quality improved at Rupeek, with partnerships with Federal Bank, Indian Bank, and South Indian Bank.

      Dow drops 302 points on hot labour costs data, caution before Fed verdict

      US labour costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. On the earnings front, GE HealthCare lost 9.6% after the medical equipment firm missed estimates for first-quarter revenue, while McDonald's fell 0.9% as it missed profit estimates for the first time in two years.

      RBI urges banks for caution on unauthorised forex transactions

      The central bank said in a notification on Wednesday that it has come across instances of unauthorised entities offering foreign exchange trading facilities to individuals with promises of disproportionate and exorbitant returns.

      A 25% slump in India's equity turnover signals caution as election starts

      Daily cash turnover slipped below $13 billion last week compared with a peak of $17 billion in February, data compiled by Bloomberg based on 20-day averages show.

      BSE cautions against fake videos of MD & CEO Sundararaman Ramamurthy recommending stocks

      BSE warns against circulating fake videos impersonating CEO Sundararaman Ramamurthy for investment advice on social media. Caution includes misrepresentation, deceptive means, personal information sharing, and Economic Times disclaimer.

      Asian stocks subdued on yen caution, US inflation in focus

      MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2%, after U.S. stocks ended the previous session with mild gains. The index is up 0.2% so far this month.

      Supreme Court cautions against Centre-State governments' disputes

      SC directed Centre to respond to Karnataka's plea for drought relief funds, amidst allegations of lack of assistance and arbitrary actions. Earlier, Punjab, Kerala and Tamil Nadu too had approached the apex court to complain about the Centre.

      Centre cautions social media influencers against promoting offshore betting platforms

      The ministry of information and broadcasting, in an advisory, said that these advertisements have significant financial and socio-economic implications of online betting and gambling on consumers, particularly the youth.

      ETMarkets Smart Talk: Nimesh Chandan on markets, dividend-paying stocks & why investors should exercise caution in SME space

      Nimesh Chandan, CIO of Bajaj Finserv AMC, advises focusing on companies trading below their intrinsic value. He believes that India is outperforming developed and emerging markets and expects fixed-income markets to generate good returns. Chandan also sees potential in the tourism sector and warns investors to be cautious about SME IPOs.

      Smartphone makers turn wary of calling Chinese execs to India

      Smartphone manufacturers in India exercise caution in calling for Chinese nationals due to recent arrests and geopolitical tensions. Indian government is cautious in issuing visas. Trust deficit among Chinese component makers. Chinese brands ousted Indian smartphone companies. Government aims to prevent entry-level work in distribution and marketing from being ceded to Chinese nationals. Indian talent base for such roles.

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