Business

Haryana Removes Registration Tax On EVs Up To ₹30 Lakh: How Much Could Electric-Car Buyers Save?

Haryana has approved a 100% Motor Vehicle Tax exemption for new pure electric vehicles priced up to ₹30 lakh, significantly reducing the cost of EV ownership. The new policy, effective for eligible vehicles registered in Haryana, also offers a 50% tax exemption for EVs priced above ₹30 lakh.

Paytm Payments Bank Ordered To Wind Down: What Happens To Customer Deposits, Wallets And Accounts?

Paytm Payments Bank is winding down after a court order. Check what happens to deposits, wallet money, UPI access, merchant payments and customer account claims.

Banks Collect ₹7,086 Crore In Minimum Balance Penalties: Why Are Customers Still Paying For Low Account Balances?

Banks collected ₹7,086.63 crore in FY26 from customers for failing to maintain the required minimum balance, taking the four-year total to over ₹26,170 crore. While most public sector banks have removed savings-account penalties, private banks continue to account for the majority of these charges.

Rohingya Schools In Malaysia Face Closure: How Is Online Hate Affecting Refugee Children?

India is expected to begin rolling out CKYC 2.0 from August 2026, allowing banks and insurers to reuse verified customer records through OTP-based consent. The upgrade aims to reduce repeated KYC document submissions while maintaining regulatory checks for updated or high-risk accounts.

Common Customer ID For Banks And Insurers Starts In August: Will Repeated KYC Finally End?

India is expected to begin rolling out CKYC 2.0 from August 2026, allowing banks and insurers to reuse verified customer records through OTP-based consent. The upgrade aims to reduce repeated KYC document submissions while maintaining regulatory checks for updated or high-risk accounts.