Repo Rate- BusinessLine Editorial [1] A strong case to change course [2] Most important factor that argues for a policy rate hike at this juncture is the fresh onslaught on the rupee with a renewed barrage of FPI selling in Indian stocks in recent weeks [2] With the return of global inflation fears, bond yields in the developed world have risen sharply [3] US 10 year gilt trades at 25 year high, Japan at a 30 year high [4] Higher yields in these markets usually lead to FPI’s switching on their risk trade-off in emerging markets [ like India ] — Courtesy BusinessLine

Mother nominated son in her savings bank a/c, but both died, father faced long delay in getting funds; Consumer Commission orders Rs 10,000 compensation

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/mother-nominated-son-in-her-savings-bank-a/c-but-both-died-father-faced-long-delay-in-getting-funds-consumer-commission-orders-rs-10000-compensation/articleshow/134583965.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst It is usually recommended to have a nominee for a bank account, so that when the account holder passes away, the bank

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