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RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

Mumbai, Feb 6 (PTI) RBI (Reserve Bank Governor) Sanjay Malhotra on Friday announced a new framework to compensate customers up to an amount of Rs 25,000 for loss incurred in small-value fraudulent transactions. Announcing the last bi-monthly policy for the current financial year, Malhotra said, “we will also publish a discussion paper on possible measures to enhance the safety of digital payments. Such measures may include lagged credits and additional authentication for specific class of users like senior citizens.” For customer protection, he said, RBI will issue three draft guidelines: one, relating to mis-selling; two, regarding recovery of loans and

Co-workers of different generations mentor each other to reduce workplace misunderstandings

NEW YORK, February 6, 2026 (AP) — Barbara Goldberg brings a stack of newspapers to the office every day. The CEO of a Florida public relations firm scours stories for developments relevant to her clients while relishing holding the pages in her hand. “I want to touch it, feel it, turn the page and see the photos,” Goldberg said. Generation Z employees at O’Connell & Goldberg don’t get her devotion to newsprint when so much information is available online and constantly updated, she said. They came of age with smartphones in hand. And they spot trends on TikTok or Instagram

Trump claims again that he stopped war between India, Pakistan

New York/Washington, Feb 6 (PTI) US President Donald Trump repeated twice in a single day the claim that he stopped the war between India and Pakistan last year. “In one year, I’ve ended eight raging wars, such as (the war between) Cambodia and Thailand, Kosovo and Serbia, Pakistan and India, Israel and Iran, Armenia and Azerbaijan,” Trump said at the National Prayer Breakfast on Thursday. Later, in a post on Truth Social, Trump reiterated the claim that he stopped a nuclear war from breaking out between India and Pakistan. “The United States is the most powerful Country in the World.

RBI pauses rate cuts, retains interest rate at 5.25 pc

New Delhi, Feb 6 (PTI) After a 25 basis point rate cut in December, the RBI on Friday decided to pause on the policy rate front amid geopolitical uncertainties. This is the first monetary policy review after Finance Minister Nirmala Sitharaman announced the Budget for financial year 2026-27. Announcing the sixth and final bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance. The rate cut pause comes on the back of the CPI-based headline

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