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Banks, NBFCs may need IT overhaul to meet RBI co-lending norms: Bankers

Bankers say RBI's co-lending draft norms may require significant IT upgrades and clarification on the CLM 2 model to ensure compliance and operational readiness

Banks, NBFCs may need IT overhaul to meet RBI co-lending norms: Bankers
Updated On : 16 May 2025 | 11:47 PM IST

US remittance tax plan raises discrimination concerns for overseas Indians

The bill proposes the levy on all cross-border remittances made by non-citizens, including H-1B, L-1, and F-1 visa holders, as well as green card holders

US remittance tax plan raises discrimination concerns for overseas Indians
Updated On : 16 May 2025 | 11:44 PM IST

Policy lessons from data gaps in Covid death toll and Maha Kumbh mumbers

Newly released data implies that the health care system coped very badly. The likely under-allocation of resources due to undercounting suggests it may also cope poorly in the next major health crisis

Policy lessons from data gaps in Covid death toll and Maha Kumbh mumbers
Updated On : 16 May 2025 | 11:36 PM IST

IndusInd Bank may face hit to core profit and biz growth: Brokerages

Brokerages lower FY25 and FY26 estimates after IndusInd Bank audit reveals ₹674 crore income misreporting and ₹595 crore in unsubstantiated balances

IndusInd Bank may face hit to core profit and biz growth: Brokerages
Updated On : 16 May 2025 | 11:32 PM IST

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Leading port companies plan capex, acquisitions to expand in the sector

Adani Ports, JSW Infra make logistics anchor for cargo growth plans
Updated On : 16 May 2025 | 11:26 PM IST

Why 2025 feels like 2012 as Kohli, Rohit retire from Test cricket

Australian tours appear to have a decisive role in concluding the careers of Indian batting greats

Why 2025 feels like 2012 as Kohli, Rohit retire from Test cricket
Updated On : 16 May 2025 | 11:23 PM IST

Pak's 7-year itch resurfaces, but is India's deterrence enough this time?

Pakistani establishments and their proxies are prone to a severe, predictable 7-year itch. Each step up the escalation ladder buys India about these many years of deterrence on average

Pak's 7-year itch resurfaces, but is India's deterrence enough this time?
Updated On : 17 May 2025 | 9:30 AM IST

Transmission capex, renewable energy segment may energise Tata Power stock

Tata Power benefits from transmission capex, reforms in distribution and green capex. It targets RE capacity of 15GW by FY27 and has capex plans of ₹84,200 crore for FY24-27

Transmission capex, renewable energy segment may energise Tata Power stock
Updated On : 16 May 2025 | 11:12 PM IST

'Purposeful' deergha ayush: Long life is no virtue for an incapable company

Deergha ayush must be both biological and operating with a deep purpose

'Purposeful' deergha ayush: Long life is no virtue for an incapable company
Updated On : 16 May 2025 | 11:12 PM IST

Bookings to Turkiye, Azerbaijan and China remain blocked: Ixigo CEO

Bookings to Turkiye, Azerbaijan, and China remain suspended amid geopolitical tensions as Ixigo projects double-digit revenue growth and stronger user spending

Bookings to Turkiye, Azerbaijan and China remain blocked: Ixigo CEO
Updated On : 16 May 2025 | 11:09 PM IST

The Great Epinal Escape: Bowman's book is a long-overdue tale worth telling

With its rare photographs, The Great Epinal Escape is an important record of the lives of the Indian Army in combat and captivity in major theatres of war in the west

The Great Epinal Escape: Bowman's book is a long-overdue tale worth telling
Updated On : 16 May 2025 | 10:59 PM IST

Affordable housing cap needs rethink, says Credai's Shekhar Patel

The Credai president said that while the size limits of 60 square meters for metro cities and 90 square meters for non-metro cities were generally acceptable, the price cap was deterring developers

Affordable housing cap needs rethink, says Credai's Shekhar Patel
Updated On : 16 May 2025 | 10:54 PM IST

Realty check: Trophy homes lure India's ultrarich at home and abroad

Locations like Goa, Alibaug, Lonavala, and parts of Uttarakhand are increasingly attractive to HNIs seeking weekend homes or holiday retreats

Realty check: Trophy homes lure India's ultrarich at home and abroad
Updated On : 16 May 2025 | 10:46 PM IST

Filing tax returns with wrong ITR form can invalidate and delay process

Resident individuals may use ITR-1 if their total income is within ₹50 lakh and comes from salary or pension

Filing tax returns with wrong ITR form can invalidate and delay process
Updated On : 16 May 2025 | 10:38 PM IST

Signature Global may launch NCR projects worth ₹17,000 crore in FY26

Firm looks to stay in its core mid-size project segment

Signature Global may launch NCR projects worth ₹17,000 crore in FY26
Updated On : 16 May 2025 | 10:13 PM IST

Groww to acquire PayU-backed Fisdom in $150 mn wealth management push

Groww to acquire Fisdom for $150 million as part of its wealth management expansion; the IPO-bound firm also plans to raise funds from Singapore-based GIC

Groww to acquire PayU-backed Fisdom in $150 mn wealth management push
Updated On : 16 May 2025 | 10:05 PM IST

Mumbai airport appoints Indo Thai as interim handler after Celebi exit

After Celebi's security clearance was revoked, MIAL names Indo Thai as interim ground handler at Mumbai airport and will float a tender to appoint a permanent operator

Mumbai airport appoints Indo Thai as interim handler after Celebi exit
Updated On : 16 May 2025 | 9:26 PM IST

AIFs seek Sebi help to address inter-regulatory issues and ease norms

AIF industry officials believe that such a platform could help address operational hurdles in domestic capital formation

AIFs seek Sebi help to address inter-regulatory issues and ease norms
Updated On : 16 May 2025 | 7:26 PM IST

Belrise eyes four-wheeler, CV push ahead of ₹2,150-cr IPO on May 21

Belrise Industries, dominant in two-wheeler components, plans to expand into CVs and four-wheelers as it raises ₹2,150 crore through an IPO opening on May 21

Belrise eyes four-wheeler, CV push ahead of ₹2,150-cr IPO on May 21
Updated On : 16 May 2025 | 7:16 PM IST

Datanomics: Virat Kohli retires as India's top cricketing brand in Tests

Kohli exits the longest format as India's fourth-highest run scorer and most influential celebrity brand, leaving behind a legacy of dominance and global appeal

Datanomics: Virat Kohli retires as India's top cricketing brand in Tests
Updated On : 16 May 2025 | 5:26 PM IST