Page 610 - Latest News

RBI allows NBFCs to factor DLG in determining provisions under ECL

RBI allows NBFCs to factor in default loss guarantees from lending apps while computing ECL provisions, tightening uniformity without diluting prudential safeguards

New CPI series triggers shakeup in state-level inflation rankings

Revised 2024 base year, fresh consumption weights and expanded market basket recast state inflation rankings; Telangana tops January list under new series

Bank credit growth accelerates to 14.6% in January 31 fortnight: RBI data

Bank credit rises 14.6% year-on-year in fortnight ended January 31, while deposit growth remains firm at 12.5%, RBI data show

RBI allows banks to lend to REITs; bars land acquisition financing

Draft norms cap bank exposure to 49% of REIT asset value and prohibit funding for land acquisition, even if part of a project

Delhi gears up for packed screenings of India-Pakistan T20 WC clash

Several multiplex chains and cafes have lined up special screenings, according to listings on the District app, as brands seek to convert cricket fever into footfall

PFRDA plans higher equity exposure, new asset classes to boost NPS returns

Regulator plans gradual shift towards 25% equity in government composite scheme and new asset classes, including AIFs, to support long-term returns

IT weight in Nifty 50 hits 26-year low; oil & gas sector reclaims top spot

Investors confront reversal as decade-long IT rally unwinds, reshaping Nifty's sector hierarchy

Rupee weakens as RBI intervenes; forex reserves drop $6.7 billion

Indian unit settles at 90.64 per dollar as RBI intervenes via dollar sales; forex reserves drop $6.7 billion in week ended February 6 on decline in gold holdings

Telecom spectrum can't be treated as asset under IBC: Supreme Court

Court holds spectrum is a material resource of the community and cannot form part of insolvency asset pool; DoT free to reclaim airwaves from defaulters

RBI draft mandates 60% C/D ratio for rural and semi-urban branches

Prioritise opening CBS-enabled branches in tier-5 centres

₹70 lakh for 10 seconds: India-Pak clash sends ad rates over the ropes

According to media buyers, this single fixture routinely draws the tournament's highest viewership and advertising intensity

Google, Jio, AWS, Microsoft, Nokia, and others form Trusted Tech Alliance

Fifteen global firms launch cross-border tech alliance at Munich Security Conference to back transparency, security and data protection across digital stack

Attero to invest ₹7K crore over 5 years in proposed rare-earth corridor

Plans refining push in Tamil Nadu and Andhra Pradesh; lithium recycling capacity to rise to 300,000 tonnes in five years; magnet recycling capacity to increase 100-fold in two years

Reliance Industries gets US licence to directly buy Venezuela crude oil

India's largest private refiner gets US general licence to purchase Venezuelan crude directly, potentially diversifying its crude slate and resuming imports after previous sanctions eased

Shivraj Chouhan hits out at Congress for 'spreading lies' on US trade deal

Shivraj Singh Chouhan defends India-US trade deal, says farmers' interests fully protected and slams Congress for 'spreading lies'

Wall Street heads for weekly losses as tech jitters offset inflation relief

Cooling inflation lifts Wall Street, but tech rout on AI fears caps gains; S&P 500, Dow head for worst weekly drop since November

CAFE-3 emission norms: BEE likely to rationalise technology credits

Several fuel-saving technologies are now widely used in India's passenger vehicles

Datanomics: New Bangladesh govt faces muted growth, high inflation

From 2019 to 2024, Bangladesh beat India in terms of per capita income

Reserve Bank of India allows bank loans for unlisted, listed takeovers

Caps funding at 75% of acquisition value

India-B'desh ties may warm up after BNP win, but stronger Jamaat a concern

PM Modi reaches out to BNP chief Tarique Rahman to reset India-Bangladesh ties, though Jamaat's rising influence clouds prospects for smoother relations