RBI still assessing revolving credit norms: Sanjay Malhotra

RBI still assessing revolving credit norms: Sanjay Malhotra

Reserve Bank of India governor Sanjay Malhotra has indicated that regulations on revolving credit by non-banking finance companies are under review. The RBI issued draft norms limiting NBFCs to term loans without revolving credit options. Malhotra said that systemic risks linked to these changes will be thoroughly evaluated before reaching a decision.

Man, 38, admits sexually assaulting woman who was drugged and raped by her own husband without her knowledge over a 20-year period

Last month the husband broke down in tears as he admitted 60 charges involving drugging and raping his wife over a 20-year period at the family home in Stockport, Greater Manchester.

Individuals exempt from reporting under new FEMA trade rules, RBI says

Individuals undertaking personal transactions will not have to comply with new foreign exchange trade regulations imposed. The Reserve Bank of India aims to ease compliance burdens related to reporting obligations for personal contracts. RBI Governor Sanjay Malhotra confirmed that routine payments for services and subscriptions are exempt from reporting. Additionally, smaller export transactions of up to ₹10 lakh may rely on self-declarations.

Ann Widdecombe murder suspect Joshua Kerry 'tried to batter down Nigel Farage's front door armed with bottle of lighter fluid' in terror plot against Reform leader, court told

Joshua Kerry is accused of trying to batter down Reform UK leader NIgel Farage's front door while armed with a bottle of lighter fluid in 'preparation of terrorist acts'.

Insurance executive killed wife, daughter, 24, and himself in their $1.7m mansion

David Grodnick, 61, his wife Lora, 62, and their daughter Sloane, 24, were all found with gunshot wounds inside the family's Montgomery Township, New Jersey, home.

19-year-old Shubham Kumar from Bihar enters International Book of Records after achieving Level 22,222 in Candy Crush Saga

Shubham Kumar, a 19-year-old from Dighwara, Bihar, achieved Level 22,222 in Candy Crush Saga. This milestone has been recognised by the International Book of Records for teenagers. The achievement was accomplished on July 5, 2026, marking significant progress in the mobile puzzle game. Details about his gameplay duration or academic background were not disclosed. His accomplishment highlights achievements outside conventional areas like academics or sports.

Knifeman who murdered former partner in her own home after 'targeting' her and moving in following release from prison jailed for life

Robert Sabat, 60, went on to murder his former parter days after his release from prison.

Christa Pike can speak again after failed execution: What are her lawyers planning next and will a second attempt be considered as double jeopardy?

Christa Pike survived two doses of pentobarbital at Riverbend Maximum Security Institution on September 30. She was taken to a hospital after the execution deadline passed. Her lawyers said her arms were swollen and covered with blisters.

'Every FIR a medal…my target is 100': Rahul Gandhi demand Gyanesh Kumar's resignation

12 years after 32 million smuggled cigarettes were seized on it, ship now hosts barnacles, fish and divers

The MV Shingle, which was seized while carrying illegal cigarettes, has now become an artificial reef. After being cleaned, it was intentionally sunk off Killala Bay, creating a habitat for marine life. Various species, including fish, barnacles, and sponges, are thriving on the wreck. This site attracts around 12,000 visitors annually, enhancing local biodiversity. Experts suggest that while it differs from natural reefs, it still offers significant environmental benefits.

'Stupid... like Donald Trump': Abdul mocks Rogers, 'He's following POTUS like a fundamental idiot'

After Cannes, ‘Mothers of Courage’ makes it to UN SDG Action Awards 2026 finals

Mothers of Courage is a documentary that showcases a movement in Bihar focusing on girls’ education and against early marriage. The film has been nominated for the 2026 Heroes of Tomorrow awards by the United Nations. It portrays the stories of mothers and mothers-in-law supporting girls in continuing their education. Over 1.19 million citizens have been mobilized across 14 districts through community gatherings.