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Banks act as agents for customers, presenting stale cheques constitutes deficiency in service: SC

Banks act as agents for customers, presenting stale cheques constitutes deficiency in service: SC

by AIP Online Bureau | Apr 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

A bank receiving cheques for collection acts as an agent of the customer and is under an obligation to exercise due diligence in presenting the instruments within the prescribed validity period. The failure to do so, resulting in the instrument becoming stale, in the...
W Asia crisis:India’s exports plunge 7.44 pc in March; trade gap narrows

W Asia crisis:India’s exports plunge 7.44 pc in March; trade gap narrows

by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

“Exports to the Middle East in March dropped by $3.5 billion… this has impacted goods exports in the month,” Rajesh Agrawal, India’s trade secretary, told reporters in New Delhi, referring to the impact of Iran war on exports The trade data...
Sebi inks pact with DoT for data sharing to curb fraud in securities market

Sebi inks pact with DoT for data sharing to curb fraud in securities market

by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

SEBI said DoT has developed a Digital Intelligence Platform (DIP), which is a secure framework for real-time intelligence sharing and coordination among various stakeholders, to combat cybercrime and financial fraud by enabling proactive action against the misuse of...
Gold ETFs attract Rs 31 561 crore in March quarter amid geopolitical tensions

Gold ETFs attract Rs 31 561 crore in March quarter amid geopolitical tensions

by AIP Online Bureau | Apr 15, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

During the year, folio numbers in gold ETFs increased by 54.28 lakh to 1.24 crore in March 2026 from 69.69 lakh in March 2025. This indicates a growing inclination among investors towards funds related to gold. According to Meshram, Gold ETFs remain appealing because...
Indian auto industry posts highest annual sales across all segments in FY 2025-26, first in seven years

Indian auto industry posts highest annual sales across all segments in FY 2025-26, first in seven years

by AIP Online Bureau | Apr 15, 2026 | Data, Eco/Invest/Demography, Non-Life

Electric vehicle adoption added further fuel to the rally, with electric passenger vehicle registrations jumping over 80 per cent in the year, and EV two-wheeler offtake rising sharply in March amid growing concerns over fuel prices. New Delhi: India’s...
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