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    RBI changes domestic money transfer rules: How much cash can you send or receive without a bank account?

    The Reserve Bank of India has announced immediate changes to its regulations regarding domestic money transfers. These new guidelines aim to streamline the process for low-value fund transfers across various banking platforms.

    US Treasury sanctions Canadian money services firms over Iran-related transactions

    US Treasury imposed financial sanctions on eight Canadian money services firms involved with sanctioned Iranian entities. The sanctions block access to dollar-based financial systems and prohibit transactions with US persons. Secretary of the Treasury Scott Bessent stated that Canada cannot provide safe havens for illicit financial facilitators. Additionally, MEXC Global, a virtual currency exchanger, was cut off from the US financial system.

    Marico Q2 Results: Net profit jumps 31% YoY to Rs 550 crore, revenue rises 12%

    Marico reported a 31% YoY rise in Q2FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. EBITDA increased 27%, margins expanded to 18.2%, and management expects double-digit growth during FY27.

    Right to protest, right to trade: Trader's body CAIT urges Delhi LG to notify protest sites on city outskirts

    CAIT has urged the Delhi Lieutenant Governor to notify designated protest sites to safeguard trade activities. They highlighted the growing disruptions caused by protests and their impact on daily economic life. The traders' body emphasized the need for a balanced solution that respects both the right to protest and the need for uninterrupted business.

    ‘Moved’ by Greece's quest to reacquire ‘stolen sculptures of the Parthenon,’ a Chilean engineer brought a marble to officials; archaeologists find it belonged to an even older temple razed by Persians

    Enrico Tosti-Croce unearthed a marble fragment believed to originate from the Parthenon, a relic from his father. With the ongoing debate surrounding the Parthenon Marbles affecting his decision, he chose to return the stone to Greece. Upon closer inspection, it was revealed to belong to the Hekatompedon instead. Tosti-Croce felt fulfilled to restore the marble, which was met with gratitude from the Greek Ministry of Culture in a heartfelt letter.

    US weather forecast predicted that heavy rains starting Saturday evening were expected to bring a threat of flash flooding to already saturated areas of the U.S. Southwest through Monday.

    The Economic Times
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