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BFSI Summit: SFBs urge RBI to relax capital norms, shed 'small finance' tag

Chief executives of Small Finance Banks welcome move to allow them to transition to universal banks, but ask for glide path to lower capital adequacy norms vis-a-vis large banks

L&T Q2FY26 results: Net profit jumps 16% to ₹3,926 cr, revenup up 10%

Profit surge was driven by a strong "order momentum across a broad spectrum of businesses, Larsen & Toubro said in a BSE filing

Economists recommend multi-pronged push to lift India's growth trajectory

India's path to a higher growth trajectory will depend on a mix of export diversification, domestic demand revival, and coordinated structural reforms, said leading economists at BS annual BFSI Summit

Regulatory reform, capital depth draw global banks to India, say CEOs

At the Business Standard BFSI Insight Summit, CEOs of Citi, HSBC, and Standard Chartered say India's regulatory clarity and deepening markets are strengthening its appeal for global banks

BFSI summit: Do NBFCs need bank licence to grow, or is it overrated now?

With evolving tech, funding models and regulation, bank licences are no longer the premium growth lever for NBFCs, and strategy, agility matter now, said experts at Business Standard BFSI Summit 2025

India needs bigger, more global-scale banks for 2047 goal: Banking leaders

To achieve Viksit Bharat goal, India must build more globally-scaled banks with robust financial strength, deep talent pool, and tech sophistication, said experts at Business Standard BFSI Summit 2025

Reinvention continuous process that banks are adopting well: Top bankers

The bankers highlighted that lenders must stay agile and continuously reinvent themselves to stay relevant in a rapidly changing environment

From Germany to Spain, top 10 European study abroad destinations in 2026

As visa hurdles rise in Canada and the US, a new report finds Europe could see 5% yearly growth in international enrolments through 2030

'Vaccines do not cause autism': Doctors set the record straight on claims

After Zoho founder Sridhar Vembu's remarks reignited the vaccines-autism debate, doctors stress there is no proven link between the two, calling for responsible communication on public health issues

Nvidia supplier SK Hynix sells out 2025 chip supply as AI demand skyrockets

South Korean chipmaker SK Hynix, which supplies high-performance memory to Nvidia, reported record earnings in the third quarter on the back of AI boom

Nvidia nears $5 trn valuation as AI chip boom fuels global market surge

Nvidia's shares surged 3.5 per cent to $208.05 in premarket trading, signalling that it could surpass the milestone once regular trading begins

One person dies from extreme heat every minute worldwide: Lancet report

The 2025 report of the Lancet Countdown on health and climate change reveals a 63 per cent rise in heat-related deaths since the 1990s, warning that humanity is edging towards survival limits

Delhi's cloud-seeding trial put on hold today due to 'low moisture'

The decision came as the second round of cloud seeding trials, which took place on Tuesday, failed due to a lack of moisture

Bihar's first-time voters seek development, don't want Jungle Raj to return

Bihar Assembly elections 2025: The first-time voters, mostly students, are seeing through the facade of slogans and promises. They want change

Rahul Gandhi says he wants 'made in Bihar', not 'made in China' on phones

At a joint rally with RJD's Tejashwi Yadav, Rahul Gandhi slammed PM Modi for policies that made India 'depend' on Made in China products

US refuses tourist visa to man with high-paying job, property, family ties

A US-based safety manager says his US tourist visa was denied despite strong family and financial ties, sparking debate online about unpredictable B2 refusals

Pakistan plans to send peace troops to Gaza: 'We will be proud to do it'

Pakistan's Defence Minister Khawaja Asif said the government will take a decision after consulting parliament and other relevant institutions

QatarEnergy inks 17-year LNG supply agreement with Gujarat's GSPC

The latest agreement follows another long-term LNG supply deal between QatarEnergy and GSPC, inked in 2019

Coal India Q2FY26 results: Profit falls 32% to ₹4,262 cr, dividend declared

CIL's revenue from operations for the quarter stood at ₹ 26,909.23 crore, down 1.3 per cent year-on-year(Y-o-Y) and 15.6 per cent sequentially.

H-1B workers, foreign students now need a US bank account to pay USCIS fees

USCIS has stopped taking cheques and money orders. Immigration applicants must now pay filing fees by US bank account debit or credit card, using new forms