May 4, 2025

current affairs

Banking

Banking Bill allowing 4 nominees gets RS nod; needs deeper scrutiny: Opposition | India News

Amid concerns by Opposition members on proposed amendments, Parliament Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees. Lok Sabha had passed the Banking Laws (Amendment) Bill in December 2024. Replying to a debate on the Bill in Rajya Sabha, Finance Minister Nirmala Sitharaman said

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Investors

Commercial property increasingly popular with investors

Commercial property has become increasingly popular with Mum and Dad investors, offering higher returns than residential properties. There have been been price corrections of up to 25- 30 percent in some areas, Rethink Group said. Photo: 123rf.com Rethink Group chief executive Scott O’Neill said there were compelling reasons for investors to favour commercial over residential

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