Page 1328 - Latest News

RBI doubles 10-day VRR amount to ₹1.5 trn due to expected tax outflows

Market participants said the decision to double the VRR amount was due to outflows due to advance tax and goods and services tax (GST) collections, expected to be Rs 2 trillion

Oberoi to open 25-key luxury resort at Makaibari Tea Estate in Darjeeling

One of the world's oldest and most storied tea estates, Makaibari was established in 1859 and is celebrated for its dramatic Himalayan vistas, lush primary forests, and rare biodiversity

Payments to be most-used service on YONO 2.0, says SBI chairman C S Setty

According to SBI, with the new YONO app and internet banking now operating on a unified backend architecture and sharing the same user interface, customers will experience seamless omnichannel

Freshworks to acquire FireHydrant to boost AI-powered incident management

Co-founded by Robert Ross and Dylan Nielsen in 2018, FireHydrant has deep expertise in IT and DevOps with customers across consumer and business industries, including Palo Alto Networks, BP, and Qlik

Best of BS Opinion: China must find political will to rebalance economy

Today's opinion pieces offer a sharp mix of macro and culture: China's demand shortfall, Prada's Kolhapuri move, the rupee's policy trilemma, why RBI needs better data, and a candid chess memoir.

'Wide opportunity set makes a case for mid-, small-cap allocation'

Mirae Asset Investment Managers (India) on Monday said the growing presence of high-quality, sector-leading companies in the mid- and small-cap segment makes a strong case for meaningful allocation

Cult building in black and white: How chess became one man's redemption

The book deals in detail with one of the most infamous cheating scandals, with its account of the Hans Niemann - Magnus Carlsen face off in 2022, seen from the perspective of Rensch and Chess.com

DGCA probe panel on flight disruptions visits IndiGo headquarters

During the visit, said another source, the probe panel checked multiple aspects of operations, including infrastructure that could have resulted in such a large-scale disruption of services

Rate cut amid strong growth signals that monetary policy needs good data

For the RBI, it makes its job very difficult. To target inflation effectively, the RBI must set interest rates based on its inflation outlook

India needs a serious debate on monetary policy and the impossible trinity

The report concluded that although international policy consensus was shifting towards multiple-target, multiple-instrument frameworks, India should first focus on reducing the then high inflation

The label wears Prada: How global deals can galvanise India's handicraft

As the Prada-Kolhapuri deal demonstrated, IP protection lies at the core of any dynamic collaborative arrangement between domestic artisans and global marketers

Sustainable growth path: China needs to do more to rebalance its economy

The government in Beijing has been far too hesitant in carrying out essential reform, and is now facing the consequences of that delay

Calm after the storm: Equity market sees fewer wild swings in H2CY25

30 big swings in H1, just 3 in the second half

Why a 70:30 gold-silver mix works best for investors, explains Pratik Oswal

Investors are increasingly using index funds as long-term wealth-creation vehicles rather than for short tactical exposure, Oswal said

Proposed nuclear energy Bill caps operator's liability at ₹3,000 crore

Govt introduces SHANTI Bill in Parliament after amending provisions dealing with thorny issues

Rupee hits record low for third straight session on US-India deal jitters

The RBI's three-year dollar-rupee buy/sell swap auction, which is scheduled for Tuesday, is now in focus

Brown University sends students home after deadly shooting leaves 2 dead

NBC reported earlier that the person of interest had a unique characteristic to his firearm and that firearm was found when he was taken into custody

India's exports grow fastest in nearly 3.5 years; gold imports shrank

Shipments to US, China rose sharply in November

Centre proposes renaming MGNREGA to VB-G RaM G, to change funding pattern

The Centre has proposed renaming MGNREGA as VB-G RaM G, raising guaranteed workdays to 125 and shifting the funding pattern to 60:40, drawing criticism over diluted worker protections

Xi Jinping warns officials against chasing 'reckless' GDP expansion

The Chinese leader also warned that 'inefficient' investment, which results in projects being abandoned as soon as they are completed, must be prevented