Natural Gas Falls As Strong Output And Ample Stocks Offset Weather-Driven Demand

Small and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, offering returns above 7.4–7.5% without leverage benefits. In contrast, larger banks are focusing on structured offerings with high leverage (9–19x) but keeping base rates below 7%, leveraging their global partnerships and strong NRI relationships.

Maharashtra transport minister Pratap Sarnaik announced new rules for drivers. Commercial passenger vehicle drivers must now know Marathi for their jobs. Failing to demonstrate this skill could lead to permit suspension. This directive applies to auto-rickshaws, taxis, and app-based cab operators. The state government aims for better communication and passenger safety.

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