Page 349 - Latest News
RBI to introduce new framework for NBFC classification, says guv Malhotra
RBI plans to introduce a new framework to classify NBFCs into upper, middle and lower layers, replacing the current scale-based regulation system
 "RBI to introduce new framework for NBFC classification, says guv Malhotra")
Flipkart accelerates AI push across business as it shifts to execution
E-commerce company moves to operationalise AI use cases at scale under senior leadership
 "Flipkart accelerates AI push across business as it shifts to execution")
RBI plans to rationalise board norms, shift focus to strategy, policy
RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders
 "RBI plans to rationalise board norms, shift focus to strategy, policy")
India set to receive first Iranian oil cargo in 7 years: Report
State-run Indian Oil Corp purchased the cargo, currently on the Curacao-flagged very large crude carrier Jaya, which is heading to India's east coast and is set to arrive later this week
 "India set to receive first Iranian oil cargo in 7 years: Report")
Tesla lags new foreign entrants in India EV race despite global playbook
VinFast and BYD outpace the US EV giant with sharper pricing, faster localisation signals and wider networks, even as Tesla sticks to an import-led strategy
 "Tesla lags new foreign entrants in India EV race despite global playbook")
Coal India gains hinge on higher e-auction volumes, demand recovery
Coal India's performance depends on higher e-auction volumes and demand recovery amid rising competition, elevated inventories and evolving power sector dynamics
 "Coal India gains hinge on higher e-auction volumes, demand recovery")
India's banking system resilient, safe, strong: RBI Governor Malhotra
RBI Governor says banking system remains resilient despite recent fraud cases, with no systemic risks seen and strong regulatory oversight in place
 "India's banking system resilient, safe, strong: RBI Governor Malhotra")
Markets find relief after sharp selloff triggered by West Asia conflict
Markets rebound after a sharp risk-off phase, but lingering geopolitical tensions and volatile oil prices keep investors cautious on the sustainability of the recovery
 "Markets find relief after sharp selloff triggered by West Asia conflict")
Welfare politics and procedural issues pose risks to fiscal discipline
Are the new or revised schemes costed properly? If not, what will it do to the Budget figures?
 "Welfare politics and procedural issues pose risks to fiscal discipline")
A debate unscrolled: India weighs social media curbs for children
The question of whether or not to ban or regulate social media for children and teenagers has no easy answers
 "A debate unscrolled: India weighs social media curbs for children")
Bangladesh seeks more oil, fertilisers as ties with India improve
Bangladesh Foreign Minister Khalilur Rahman meets External Affairs Minister S Jaishankar, Petroleum Minister Hardeep Singh Puri and National Security Advisor Ajit Doval
 "Bangladesh seeks more oil, fertilisers as ties with India improve")
How West Asia conflict impacted Indian airlines' international business
West Asia conflict forces Indian airlines to cancel one in five international flights in March, sharply cutting capacity and disrupting operations across key routes
 "How West Asia conflict impacted Indian airlines' international business")
RBI's MPC avoids knee-jerk reaction, preserves policy flexibility
Even though external conditions pose a significant risk, the RBI pointed out that the pause was also cushioned by resilient momentum in domestic activity across manufacturing and services
 "RBI's MPC avoids knee-jerk reaction, preserves policy flexibility")
'Quite possible that rates will remain low in the near to medium term'
RBI signals policy flexibility amid uncertainty, with stable growth outlook, no rate path commitment, and confidence in inflation control and financial stability
 "'Quite possible that rates will remain low in the near to medium term'")
Women's credit expands, but entry of new borrowers slows: NITI report
Lending to women continues to grow, but share of first-time borrowers declines in microfinance, even as retail credit sees rising participation
 "Women's credit expands, but entry of new borrowers slows: NITI report")
Chokepoints and sanctions: How finance has turned into a weapon of war
Neither Iran nor Russia has been deterred by US economic sanctions, and the US itself faces limits on escalation to avoid harming its own interests, argues Edward Fishman in Chokepoints
 "Chokepoints and sanctions: How finance has turned into a weapon of war")
RBI proposes scrapping IFR, allows quarterly profit inclusion in CRAR
Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal
 "RBI proposes scrapping IFR, allows quarterly profit inclusion in CRAR")
Beyond the optics of stability, India's economy faces rising external risks
Rising oil prices and limited fiscal space heighten risks of inflation, slower growth, and macroeconomic instability as the West Asia crisis unfolds
 "Beyond the optics of stability, India's economy faces rising external risks")
National Quantum Mission achieves 1,000-km secure communication milestone
The network enables the transmission of information using quantum principles instead of classical binary signals in the form of 0s and 1s
 "National Quantum Mission achieves 1,000-km secure communication milestone")
Forex curbs temporary, aligned with market conditions: RBI governor
Bond yields fall 15 bps, steepest single-day drop in four years
 "Forex curbs temporary, aligned with market conditions: RBI governor")