Page 540 - Latest News
Digital push, regulatory tailwinds spark rush for mutual fund licences
Industry is drawing a fresh wave of entrants even as scale, profitability remain key challenges
 "Digital push, regulatory tailwinds spark rush for mutual fund licences")
Digital payments safety: Reserve Bank of India proposes discussion paper
Decision on UPI MDR in govt's domain: RBI governor
 "Digital payments safety: Reserve Bank of India proposes discussion paper")
PSL classification issue is not a system-wide problem: RBI Governor
Apex bank will issue revised instructions to banks on KCC scheme
 "PSL classification issue is not a system-wide problem: RBI Governor")
RBI nod to direct bank lending to Reits may expedite asset growth
Industry executives note that REITs raise debt by issuing securities subscribed to by mutual funds and non-banking financial companies (NBFCs)
 "RBI nod to direct bank lending to Reits may expedite asset growth")
Govt receives financial bids for IDBI Bank stake sale, says Dipam
The government has received financial bids for IDBI Bank's strategic disinvestment, a key transaction as it targets ₹80,000 crore from disinvestment and asset monetisation in FY27
 "Govt receives financial bids for IDBI Bank stake sale, says Dipam")
RBI moves to push credit delivery, doubles collateral-free loans to MSMEs
Guv says move is 'indexation for inflation'
 "RBI moves to push credit delivery, doubles collateral-free loans to MSMEs")
Does the struggle for subsistence precede the struggle to live well?
Material abundance has not broken democratic capitalism - nor has it absolved societies of the harder, older task of learning how to live well
 "Does the struggle for subsistence precede the struggle to live well?")
Mahindra group to invest ₹15,000 crore over 10 years in Nagpur unit
Group would establish its largest integrated manufacturing facility for automobiles and tractors around the city
 "Mahindra group to invest ₹15,000 crore over 10 years in Nagpur unit")
Stellantis takes $26.5 bn writedown in latest EV pullback, shares tank
Stellantis is particularly exposed because it leans heavily on high-margin Jeep and Ram pickup truck sales in the US, where demand for EVs is especially subdued
 "Stellantis takes $26.5 bn writedown in latest EV pullback, shares tank")
Unclaimed deposit payouts jump to ₹1,000 crore a month, says RBI
Targeted RBI campaigns and incentives have sharply increased the pace of unclaimed deposit settlements, pushing monthly payouts to over Rs 1,000 crore, compared with Rs 100-200 crore earlier, RBI said
 "Unclaimed deposit payouts jump to ₹1,000 crore a month, says RBI")
Bharti Airtel yet to hear from DoT on parity of AGR dues with Vodafone Idea
Airtel has sought parity with Vodafone Idea on AGR dues reassessment and says it has written multiple times to the DoT, while outlining its plans on data centres, ARPU growth and 5G strategy
 "Bharti Airtel yet to hear from DoT on parity of AGR dues with Vodafone Idea")
Nuclear talks with US a good start, says Iranian Foreign Minister
For Washington, carrying out enrichment - a possible pathway to nuclear bombs - inside Iran is a red line. Tehran has long denied any intent to weaponise nuclear fuel production
 "Nuclear talks with US a good start, says Iranian Foreign Minister")
Tata Steel Q3FY26 results: Profit surges 723%, revenue increases 6%
Gains come on the back of higher India volumes, Netherlands turnaround
 "Tata Steel Q3FY26 results: Profit surges 723%, revenue increases 6%")
Amazon shares falls after vow to spend $200 billion on AI this year
Chief Executive Officer Andy Jassy said the money "predominantly" would go toward the company's Amazon Web Services cloud unit, and most of that spending would be for AI workloads
 "Amazon shares falls after vow to spend $200 billion on AI this year")
At empire's end: Countries have to guarantee their security on their own
As Washington turns inward, the world must confront what a narrowing US role means for security, alliances and the fragile order it once underwrote
 "At empire's end: Countries have to guarantee their security on their own")
Donald Trump shares racist video of Obamas depicting them as primates
Trump sparks bipartisan backlash after sharing a social media video that included a racist depiction of Barack and Michelle Obama while amplifying 2020 election conspiracy claims
 "Donald Trump shares racist video of Obamas depicting them as primates")
Budget 2026 makes employment room for disabled, but not in public spaces
The Budget gives us a clear image of inclusion at work. What it does not yet show is whether inclusion is meant to extend beyond the desk
 "Budget 2026 makes employment room for disabled, but not in public spaces")
India emerges second-fastest-growing market for Bath & Body Works
Garrison also said that the India business has doubled every five years and, in the short term, the growth could be even faster
 "India emerges second-fastest-growing market for Bath & Body Works")
JK Tyre and Industries posts record revenue of ₹4,223 crore in Q3FY26
JK Tyre reported its highest-ever quarterly revenue in Q3 FY26 as volumes recovered and raw material costs eased, helping profits rebound sharply from a weak base last year
 "JK Tyre and Industries posts record revenue of ₹4,223 crore in Q3FY26")
EU recommends service ban for Russian oil exports in new sanctions package
EU proposes full ban on maritime services for Russian oil exports, targeting Moscow's energy revenues and stepping up pressure to push Russia into peace talks
 "EU recommends service ban for Russian oil exports in new sanctions package")