calender_icon.png 24 February, 2026 | 2:41 AM

Market/Money

Banks told to focus on core lending, stop mis-selling: FM

24-02-2026

Finance Minister Nirmala Sitharaman on Monday pulled up banks for mis-selling financial products such as insurance to customers and asked them to concentrate on their core banking functions of mobilising deposits and extending loans.

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PMS rules set for review, says Sebi Chief

24-02-2026

The Securities and Exchange Board of India (SEBI) will undertake a comprehensive review of regulations governing Portfolio Management Services (PMS), chairman Tuhin Kanta Pandey said on Monday. The announcement signals a fresh regulatory push to align the six-year-old framework with evolving market dynamics and emerging investment structures.

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CCPA fines Vajirao & Reddy Rs 15 lakh for misleading UPSC ads

24-02-2026

The Central Consumer Protection Authority (CCPA) has imposed a Rs 15 lakh penalty on Delhi-based coaching centre Vajirao and Reddy Institute for publishing misleading advertisements regarding the UPSC Civil Services Examination 2023 results. This is the second time in two years that the institute has faced action for similar violations.

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90% of cough syrup makers audited, ‘rot’ to be cleared by next year: CDSO

24-02-2026

The Central Drugs Standard Control Organisation (CDSO) has audited nearly 90 per cent of cough syrup manufacturers across India and expects to eliminate major quality concerns in the sector by next year, a top official said on Monday.

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Airtel unveils Rs 20,000 crore NBFC expansion plan

24-02-2026

Bharti Airtel has announced an ambitious expansion of its financial services business, outlining plans to capitalise its newly licensed NBFC arm, Airtel Money Limited, with Rs 20,000 crore over the next few years. The company will contribute 70 per cent of the capital, while the remaining 30 per cent will come from the promoter group through Bharti Enterprises.

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Will deploy money gradually, add on further corrections: Jitendra Arora

24-02-2026

Jitendra Arora, Chief – Equity at ICICI Prudential Life Insurance, believes that while markets have undergone significant correction, they may not have bottomed out yet. He says a large part of the pain is behind us, but an immediate rebound is unlikely. According to him, markets could drift sideways for another quarter or two, with intermittent corrections triggered by domestic or global events. Despite this, Arora plans to deploy incremental money into equities and continue investing on further corrections.

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