New RBI rules may end loan spread tinkering; to standardise rate setting across banks, NBFCs

The methodology used to calculate internal benchmarks will also have to be made publicly available MUMBAI: Lenders may no longer be able to tinker with loan spreads over the benchmark rate to offer new borrowers better deals than existing customers. Draft RBI rules seeking to standardise interest-rate setting across banks, NBFCs and cooperatives require lenders…

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4G phones get a lifeline as entry-level 5G prices rise

As entry-level 5G smartphones became more expensive, several brands reintroduced or extended 4G models to retain buyers at the lower end NEW DELHI: India’s cheapest smartphones are disappearing fast. Rising component costs have made sub-$100 (around Rs 9,000) devices increasingly unviable for manufacturers, while giving older 4G technology an unexpected lifeline as brands look for…

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NEET PG 2026 city intimation slip: NBEMS issues clarification after candidates report discrepancies

The National Board of Examinations in Medical Sciences (NBEMS) has issued a clarification on the test city allocation for the National Eligibility cum Entrance Test for Postgraduate (NEET PG) exam 2026.The clarification came after several candidates reported differences between the test city mentioned in their SMS and email and the city shown on the NBEMS…

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