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Page 15 - BS Premium

No free lunch: Annuities reveal why the retirement corpus has to be large

Annuities show that a 60-year-old couple needs a total of Rs 12 crore to be able to live in a two-bedroom apartment in Bangalore during retirement

No free lunch: Annuities reveal why the retirement corpus has to be large
Updated On : 05 Mar 2026 | 4:25 PM IST

Rajasthan govt to set up ₹2,000 crore fund for school infrastructure

Rajasthan to create ₹2,000-crore school infrastructure fund, build 1,500 classrooms and AI labs in 1,000 schools as part of wider Budget push on education, jobs, and rural infrastructure

Rajasthan govt to set up ₹2,000 crore fund for school infrastructure
Updated On : 05 Mar 2026 | 3:49 PM IST

SBI recruits 5,783 junior associates, crosses 18,000 hires in FY26

SBI has selected 5,783 junior associates from nearly 9 lakh applicants, taking its total hires in FY26 to more than 18,000 as the bank ramps up customer service and branch operations

SBI recruits 5,783 junior associates, crosses 18,000 hires in FY26
Updated On : 04 Mar 2026 | 11:47 PM IST

Sidbi withdraws ₹8,000 crore bond issue as yields rise beyond comfort

Sidbi cancelled its ₹8,000 cr three-year bond issue after bids came at higher-than-expected yields, even as Bank of Baroda's green bond saw strong demand and priced tighter than comparable securities

Sidbi withdraws ₹8,000 crore bond issue as yields rise beyond comfort
Updated On : 04 Mar 2026 | 11:47 PM IST

RBI's forward-book dollar deficit surges to $68.4 billion in January

RBI's net short dollar position in the forward market climbed to $68.42 billion in January, with a rise in long-tenure contracts offsetting a decline in shorter-term positions

RBI's forward-book dollar deficit surges to $68.4 billion in January
Updated On : 04 Mar 2026 | 11:46 PM IST

IIFL Finance hires EY for due diligence on potential Samasta stake sale

IIFL Finance has appointed EY to conduct due diligence for a possible stake sale in its MFI arm Samasta, as the lender evaluates strategic options amid pressure on the microfinance portfolio

IIFL Finance hires EY for due diligence on potential Samasta stake sale
Updated On : 04 Mar 2026 | 11:46 PM IST

PNGS Reva debuts strong, Sedemac IPO draws bids & Nexus settles with Sebi

Nexus Select Mall Management has settled a case with the Securities and Exchange Board of India (Sebi) by paying 24.4 lakh over alleged violations of real estate investment trust (Reit) regulations

PNGS Reva debuts strong, Sedemac IPO draws bids & Nexus settles with Sebi
Updated On : 04 Mar 2026 | 11:46 PM IST

RBI's CMI norms set to impact private banks more due to higher exposure

A ban on bank funding for proprietary trading, stricter collateral rules and higher haircuts are expected to hurt pvt banks' exposure and fee income, while shifting brokers toward CP, NBFC borrowing

RBI's CMI norms set to impact private banks more due to higher exposure
Updated On : 04 Mar 2026 | 11:41 PM IST

West Asia conflict casts shadow on Gulf's glittering wedding season

Rising West Asia tensions disrupt Dubai's booming destination wedding season, leaving Indian families stranded and millions in bookings on hold

West Asia conflict casts shadow on Gulf's glittering wedding season
Updated On : 04 Mar 2026 | 11:35 PM IST

Apple rivals top Indian manufacturers by turnover on surging iPhone output

Based on data provided to the government, Apple manufactured iPhones worth $27 billion in India in 2025 on a freight-on-board (FOB) basis

Apple rivals top Indian manufacturers by turnover on surging iPhone output
Updated On : 04 Mar 2026 | 11:27 PM IST

Fashion qcom startups prioritise experience-led shopping over speed

Fashion quick commerce startups are shifting focus from speed to experience-led shopping, offering features such as discovery, personalisation, try-at-home options to tackle online shopping challenges

Fashion qcom startups prioritise experience-led shopping over speed
Updated On : 04 Mar 2026 | 11:23 PM IST

Diversification key to India's solar panel exports after US levy

With the US imposing a 126% tariff, India's solar panel exporters face rising overcapacity and heavy dependence on a single market

Diversification key to India's solar panel exports after US levy
Updated On : 04 Mar 2026 | 11:04 PM IST

American business schools rewrite syllabus as Indian enrolments fall

Joint degrees and credit-sharing emerge as response to visa curbs and a 45% drop

American business schools rewrite syllabus as Indian enrolments fall
Updated On : 04 Mar 2026 | 11:32 PM IST

Mayyu Ali's memoir examines how innocuous processes can be political acts

Mayyu Ali's terrifying yet hopeful memoir makes one think about how seemingly innocuous processes like birth registration are loaded with political significance

Mayyu Ali's memoir examines how innocuous processes can be political acts
Updated On : 04 Mar 2026 | 10:56 PM IST

Securing India's cyber frontiers critical in new world of hostile cyber-ops

Countries are increasingly recognising cyber operations below the threshold of armed conflict

Securing India's cyber frontiers critical in new world of hostile cyber-ops
Updated On : 04 Mar 2026 | 10:53 PM IST

IndiGo may face further downgrades as Iran conflict clouds outlook

IndiGo's earlier positive outlook has been upended by the Iran conflict, with airspace closures, rising fuel costs and operational disruptions raising the risk of further valuation downgrades

IndiGo may face further downgrades as Iran conflict clouds outlook
Updated On : 04 Mar 2026 | 10:51 PM IST

Ahead of IFRS transition, insurance industry's demand for actuaries rises

However, the industry faces supply limitations and is affected by attrition in the segment

Ahead of IFRS transition, insurance industry's demand for actuaries rises
Updated On : 04 Mar 2026 | 10:50 PM IST

In a world without order, India must build economic, military strengths

Building economic and military strength at home and securing trade deals abroad are vital

In a world without order, India must build economic, military strengths
Updated On : 04 Mar 2026 | 10:50 PM IST

Safe-haven rush cools: Precious-metal ETF inflows retreat in February

February flows trail January's record amid profit booking

Safe-haven rush cools: Precious-metal ETF inflows retreat in February
Updated On : 04 Mar 2026 | 10:46 PM IST

Sebi may review agricultural commodity classification, margin framework

Move aimed at boosting participation in the commodity derivatives market

Sebi may review agricultural commodity classification, margin framework
Updated On : 04 Mar 2026 | 10:45 PM IST