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Public sector bank loan frauds: A 10% problem, but a 98% financial crisis

The finance ministry's ongoing efforts aim to strengthen fraud detection, improve the speed of investigations, and ensure accountability across the banking sector

India narrows China's lead in 5G phone conversion over past 12 months

In India, shipments of 5G phones accounted for 77 per cent of all smartphone shipments in first quarter (Q1) of FY25, which means the share increased by 7 percentage points in the following quarter

Life insurers adjust term premiums ahead of business end of financial year

While some companies are increasing rates, others are slashing them, and still others have made no change; GST changes on premium taxation may change outlook

Indian billionaires: The rise of the few sparks concern about equality

The super-rich increasingly hold more of the national income; their wealth has grown by 263% to $905.6 bn in a decade

RBI has a tough balancing act to do: Ficci's Harsha Vardhan Agarwal

Agarwal expresses confidence of pick up in private capex and opportunities arising out of US president-elect Donald Trump's tariff war

India lays stress on 'transition period' for European Union green norms

India-EU FTA was launched in June 2022. Nine rounds of negotiations have already taken place

India must address challenges to unlock its FDI potential: Sanjay Nayar

Says reducing GST on essential goods can stimulate consumption

Irdai may limit insurance companies' overdependence on parent banks

Irdai also plans to encourage diversification across multiple distribution channels to ensure balanced growth across the industry

Uncertainties around regularity & tax clarity hang heavy over life insurers

Adjustments to the new surrender regulations, uncertainties surrounding the Insurance Amendments Bill, and potential direct tax reforms in the upcoming Budget may pose short-term challenge

Sebi likely to tighten norms for SME listing, widen UPSI definition

Decision likely at board meeting scheduled on December 18

Best of BS Opinion: Agri-markets, air taxis, and affordable housing

Here are the best of Business Standard's opinion pieces for today

We should double in size in 5 years, says Bajaj Finance MD Rajeev Jain

We have unveiled our AI technology transformation strategy. And we have, in general, as a firm, been huge beneficiaries of using technology early, Rajeev Jain said

Pocket pinch: FMCG companies passing 3-7% of price rise to consumers

Edible oil companies pass on the entire hike to consumers

Kevin Rudd's book examines Xi Jinping's push to reshape Western norms

The author concludes that the Chinese leader is determined to strengthen ideology, change global norms in China's favour, and leave a legacy of his thoughts as the driving mandate for the CPC

Demand-supply mismatch: Affordable housing shortage must be addressed

A Knight Frank study shows that India will face an affordable housing shortage of 31.2 million units by 2030. There is already an existing shortage of 10.1 million units

Marketing reforms: India's agri-marketing system needs an upgrade

Agricultural reforms should, therefore, not remain limited to factor-market reforms, but should also include efforts to liberalise constraints to marketing

Clearing the way for air taxis: India needs second-generation drone reforms

With drone technology breaking new ground, air taxis are poised to revolutionise urban mobility, offering a promising solution to the crippling traffic congestion that plagues many cities

The man who will shape 2025: Trump's tariffs and trade mirror US majority

In the realm of geopolitics, the world awaits Mr Trump's moves in respect of two hot spots, West Asia and Ukraine

Manufacturing firms see decline in operating profit for second qtr in a row

The operating profit for manufacturing firms is down 18.4% year-on-year, according to CMIE

Pace of price growth for housing properties expected to moderate next year

Potential homebuyers must ensure they don't overstretch themselves financially