Latest news with #Nagar
Time of India
3 hours ago
- Business
- Time of India
'Sebi regulations regarding financial influencers brought positive change in industry'
Financial influencers have emerged as significant voices in India's investment landscape, making the Securities and Exchange Board of India's (Sebi) recent regulatory framework for them a crucial development in protecting investor interests. Finance content creator Neha Nagar believes these regulations have fostered positive change in the industry by establishing clear guidelines for transparency and accountability. "These regulations have helped to ensure transparency, accountability, and consumer protection in the realm of financial advice and endorsements," says Nagar, who runs an online finance course. The regulatory shift addresses a previous gap in oversight, where the lack of clear guidelines often led to confusion and potential risks for consumers who relied on financial advice from social media personalities. A key reform under the new Sebi rules is the mandatory disclosure of material conflicts of interest. Financial influencers must now explicitly declare any financial relationships with companies or products they promote, enabling followers to make more informed decisions about the advice they receive. Nagar, who was featured in Forbes India's Top 100 Digital Stars list in 2022 and has worked with platforms like Groww, SBI Card, and CRED, emphasizes the importance of these disclosure requirements. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo She noted that the previous lack of clarity in how financial influencers operated often resulted in consumers being exposed to potentially misleading information. "One of the most significant changes brought about by the Sebi regulations is the mandatory disclosure of material conflicts of interest. This means that financial influencers must now clearly disclose any financial relationships they have with the companies or products they promote. This transparency allows consumers to make informed decisions about whether or not to trust the advice or endorsements of a particular influencer," she said. The new framework represents Sebi's efforts to regulate the growing influence of social media personalities in financial markets, ensuring better protection for retail investors who increasingly rely on digital platforms for investment guidance. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
2 days ago
- Politics
- Time of India
Gehlot blames govt for power cuts, energy min says ‘no load shedding'
Jaipur: Former chief minister Sunday criticised the Bhajan Lal govt for frequent power cuts in the state. In a post on X, he said, "When the BJP govt in Rajasthan completed one year, they loudly proclaimed that Rajasthan was a surplus state in terms of electricity. Tired of too many ads? go ad free now However, as soon as the heat began to rise, power cuts started occurring everywhere, in both villages and cities." "Power cuts in a surplus state directly indicate govt mismanagement. The electricity distribution infrastructure in Rajasthan collapsed, causing distress to the common people," he added. Energy minister Heeralal Nagar dismissed Gehlot's claims as "misleading". Nagar stated that there was no load shedding across the state during this year's summer and power supply was only interrupted in a few areas for maintenance, and that too with prior notice. He credited the absence of power cuts to improved management and infrastructure upgrade carried out by the BJP govt. Highlighting achievements, Nagar said over 1,000 MW of solar power had been integrated into the state grid in the past 18 months, and projects worth more than 10,000 MW were in the pipeline. Rajasthan was set to receive 4,000 MW of battery storage support from the Union government, he said, adding that BJP govt completed 80 GSS projects.
Time of India
6 days ago
- Automotive
- Time of India
Meerut man arrested for operating multi-crore car loan fraud
Meerut: The special task force in Meerut arrested a 35-year-old man on Wednesday for allegedly operating a car loan fraud gang, causing losses worth crores to several banks. Additional SP STF Brijesh Kumar Singh said, "Anangpal Nagar, a resident of Kithore in Meerut, was the mastermind behind the crime and had been involved in this scam for the past 10 years. So far, six cars have been identified and a loss of over Rs 2.5 crores have been accounted for." Singh added, "Nagar used forged addresses in car loan documents along with fake Aadhaar cards at banks to secure loans and later sold the cars — mostly luxury — after defaulting on EMIs. The addresses on the documents were often linked to rented houses. Once a vehicle was financed, the accused vacated the listed address, stopped paying the EMI, and sold the vehicle at a reduced price to unsuspecting buyers." During interrogation, Nagar revealed that he registered a fake enterprise named Preeti Dairy, in the name of his female friend, showing its location in the Modipuram region of Meerut. Police said he used this fake business to create financial credibility by opening multiple bank accounts and transferring money between them to manipulate the cibil score in ITR filings. "In March, Anangpal financed a Fortuner from an SBI branch using a friend's name. Last year, he financed a Scorpio for Rs 18.5 lakh from the Indian Bank in the name of another female friend and later sold it to one Mohit Siwach for Rs 11 lakh. Two Toyota HyRyder vehicles were also financed — one from Toyota Finance and the other from ICICI Bank in Gurgaon — using fake address proofs. One of these was later sold to a buyer in Rajnagar Extension of Ghaziabad for Rs 16 lakh," Singh said, adding that investigation is ongoing to identify other members of the gang and trace more vehicles obtained through this racket.
India Gazette
01-06-2025
- Politics
- India Gazette
Congress conspiring with Pakistan: Uttar Pradesh Dy CM Keshav Prasad Maurya
Prayagraj (Uttar Pradesh) [India], June 1 (ANI): Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya slammed Congress, accusing it of demoralising the army and stating that it would have to pay a political price for the act. 'Congress is conspiring with Pakistan... From surgical strikes to 'Operation Sindoor', the statements of Congress leader Rahul Gandhi and Congress President Mallikarjun Kharge have hurt the sentiments of 140 crore people of the country,' Maurya told ANI on Sunday. 'This is the language that demoralises the army, and they do not realise that they will have to pay such a huge political price for using this language... It is our and our army's resolve that Operation Sindoor is not over yet,' he added. Meanwhile, Malook Nagar of Rashtriya Lok Dal has criticised Congress President Mallikarjun Kharge and other Opposition leaders for repeatedly questioning the government over the cessation of hostilities between India and Pakistan. Nagar asked why the Opposition continues to raise questions related to Pakistan, and suggested that they should focus on the country as a whole instead. Nagar criticised Kharge for seeking clarity on US President Donald Trump's claim of brokering the cessation of hostilities, saying, 'The Opposition should prioritise national interests over Pakistan-specific queries.' 'The Pakistani Minister is crying about India destroying their camps, and the political leaders of India are questioning the mission's objectives.' Congress chief Mallikarjun Kharge on Saturday demanded a special session of Parliament concerning Operation Sindoor, alleging that the government had 'misled the nation' and instead of clarifying US President Donald Trump's assertions, Prime Minister Narendra Modi 'is on an election blitz, taking personal credit for the valour of the armed forces.' In a post on X, Kharge referred to remarks made by the Chief of Defence Staff during an interview and demanded an independent expert committee's comprehensive review of the country's defence preparedness. Nagar defended Operation Sindoor, questioning AAP Leader Sanjay Singh's comments that allegedly insulted the mission's objective. 'Why does he keep repeating the same questions and insulting the mission? Love for the country should be the priority, not political power.', Nagar said. (ANI)
India Gazette
01-06-2025
- Politics
- India Gazette
Malook Nagar slams Opposition over ceasefire questions, defends Operation Sindoor
New Delhi [India], June 1 (ANI): Malook Nagar of Rashtriya Lok Dal has criticised Congress President Mallikarjun Kharge and other Opposition leaders for repeatedly questioning the government over the cessation of hostilities between India and Pakistan. Nagar asked why the Opposition continues to raise questions related to Pakistan, and suggested that they should focus on the country as a whole instead. Nagar criticised Kharge for seeking clarity on US President Donald Trump's claim of brokering the cessation of hostilities, saying 'The Opposition should prioritise national interests over Pakistan-specific queries.' 'The Pakistani Minister is crying about India destroying their camps, and the political leaders of India are questioning the mission's objectives.' Congress chief Mallikarjun Kharge on Saturday demanded a special session of Parliament concerning Operation Sindoor, alleging that the government had 'misled the nation' and instead of clarifying US President Donald Trump's assertions, Prime Minister Narendra Modi 'is on an election blitz, taking personal credit for the valour of the armed forces.' In a post on X, Kharge referred to remarks made by the Chief of Defence Staff during an interview and demanded a comprehensive review of the country's defence preparedness by an independent expert committee. Nagar defended Operation Sindoor, questioning AAP Leader Sanjay Singh's comments that allegedly insulted the mission's objective. 'Why does he keep repeating the same questions and insulting the mission? Love for the country should be the priority, not political power.' In a post on X, Sanjay Singh said, ' Do chutki sindoor ka mahatva aap kya jante hai Modiji? In Indian culture, women apply sindoor as a symbol of their husband's long life, respect and well-being. It reflects pride, dignity, and deep emotional meaning. But now, after pushing schemes like 'One Nation, One Election' and 'One Nation, One Leader', the Prime Minister appears to have launched 'One Nation, One Husband',' Singh said. Further, Nagar praised All India Majlis-e-Ittehadul Muslimeen (AIMIM) leader Asaduddin Owaisi, saying that he has proven himself to be a global leader rather than just a Muslim leader due to his recent statement. The AIMIM chief and MP Asaduddin Owaisi, who is part of an all-party delegation to Algeria, lambasted Pakistan on Saturday, calling it an 'epicentre of Takfirism.' Owaisi further reiterated his demand to put Pakistan back on the Grey list of the Financial Action Task Force (FATF). 'Terrorism survives on two things - ideology and money. Ideology, you know very well, you have seen the Black Decade even in South Algeria, you still have some problems. On that point, we are together. Once you bring Pakistan back in the Grey list (of FATF), we will see a decrease in terrorism in India. We'll see killings coming down,' said Owaisi. (ANI)
