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George Mathew
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We’re hoping to launch a big pipeline of projects in energy and climate: Danish envoySubscriber Only
May 29, 2023 04:07 IST
Freddy Svane said, “we are trying to define a scale to some of the projects that we are looking into.” Denmark has set up an India-specific special facility through a government agency for funding projects.
Mon, May 29, 2023
Banks follow different rules, people use various avenues to dump notesSubscriber Only
May 24, 2023 05:00 IST
Most private banks asked non-account holders to provide proofs. SBI had clarified in an official note to its branches that no form or slip would be required while exchanging or depositing Rs 2,000 notes.
Wed, May 24, 2023
IRDAI pushing to onboard Health Exchange, Bima Sugam by Aug 1Subscriber Only
May 24, 2023 04:50 IST
IRDAI Chairman Debasish Panda met chief executive officers of some insurance companies last week in Mumbai to give a new thrust to these projects and onboard them by August 1.
Thu, May 25, 2023
There’s optimism in the country and it’s seeping through the system: HSBC India CEO Hitendra DaveSubscriber Only
May 22, 2023 05:02 IST
Hitendra Dave said it is very difficult for any international investor to ignore India’s growth story. He also believes that FY2023-24 is going to be one of the best years for Indian banks.
Mon, May 22, 2023
Exchanging Rs 2000 notes? No ID proof or form required, says SBISubscriber Only
May 21, 2023 15:13 IST
Rs 2000 notes withdrawn: RBI on Friday, in a surprise move, announced the withdrawal of Rs 2,000 currency notes from circulation but gave public time till September 30 to either deposit such notes in accounts or exchange them at banks
Mon, May 22, 2023
Withdrawing Rs 2,000 note: Testing time ahead for banksSubscriber Only
May 21, 2023 04:04 IST
As there are around 1.55 lakh bank branches in the country, each branch, on an average, will have to handle 11,677 pieces of Rs 2000 notes – or 116 notes per day between May 23 and September 30, 2023.
Mon, May 22, 2023
Japan stocks at 33-year high: A cue for India?Subscriber Only
May 20, 2023 13:19 IST
Japan’s stock markets are booming with stocks hitting their highest level in 33 years. What is triggering this?
Sun, May 21, 2023
Why has the RBI withdrawn Rs 2,000 notes?Subscriber Only
May 20, 2023 07:00 IST
You have from May 23 to Sept 30 to deposit these notes in your bank account or exchange them for other denominations. But you can exchange only 10 notes at a time. Why has the RBI done this?
Tue, May 23, 2023
RBI surplus transfer to govt surges; boost to fiscal position amid slowing divestmentSubscriber Only
May 20, 2023 05:42 IST
The RBI normally pays the dividend from the surplus income it earns on investments and valuation changes on its dollar holdings and the fees it gets from printing currency, among others.
Sat, May 20, 2023
RBI withdraws Rs 2,000 notes from circulation, asks all to exchange or deposit them by Sept 30Subscriber Only
May 19, 2023 18:56 IST
Exchange of currency allowed from May 23; limit of Rs 20, 000 at a time
Sun, May 21, 2023
Bonanza for govt as RBI transfers Rs 87,000 crore as surplusSubscriber Only
May 19, 2023 17:40 IST
This is a 188 per cent jump from the last year’s (2021-22) surplus transfer of Rs 30,307 crore, which was also the lowest in 10 years
Fri, May 19, 2023
One year on: LIC shares still trading at 40% discount to IPO price, while Sensex up 14%Subscriber Only
May 17, 2023 05:25 IST
LIC’s consolidated net profit rose sharply to Rs 8,334 crore in the third quarter as against Rs 235 crore in the same period a year ago as premium income improved and it moved Rs 5,670 crore to its shareholders' fund to shore up its net worth.
Wed, May 17, 2023
Creditors have recovered just 17% of assets of top corporates rescued under IBC: DataSubscriber Only
May 15, 2023 04:02 IST
According to data from Insolvency and Bankruptcy Board of India (IBBI), 678 corporate debtors have been rescued so far under the code, 117 have admitted claims of more than Rs 1,000 crore till December 2022, and 102 have yielded resolution plans.
Mon, May 15, 2023
New India Assurance loses tag of Air India’s ‘lead insurer’ to Tata firmSubscriber Only
May 12, 2023 03:49 IST
The slow-moving Indian aviation insurance market, involving around 700 commercial aircraft, is set to double from Rs 850 crore in 2021-22 soon with Air India and Indigo planning to add more planes in the coming months.
Fri, May 12, 2023
Private general insurance players’ expanding mkt shareSubscriber Only
May 08, 2023 04:23 IST
The four public sector general insurers, New India Assurance (NIA), United India Insurance, Oriental Insurance and National Insurance Company, with a total premium of Rs 82,895 crore (Rs 75,132 crore in FY22) have reported a cumulative market share of 32.27 per cent, down from 34.03 per cent in FY22.
Mon, May 08, 2023
Why the US Fed’s last hike before a possible pause could mean good days for Indian marketsSubscriber Only
May 05, 2023 07:02 IST
If the Fed, which triggered rate hikes across the world last year, pauses in the next policy review in June and cuts rates in July, it will be good news for Indian equity markets and the economy in general.
Fri, May 05, 2023
Benchmark 10-year bond yield falls to 7% level ahead of US Fed meetSubscriber Only
May 04, 2023 05:30 IST
With inflation likely to trend downwards from the current level, there’s a perception in the market that the RBI is unlikely to go for hike rates further in 2023.
Thu, May 04, 2023
Lenders staring at a likely loss of Rs 5,600 crore in Go FirstSubscriber Only
May 03, 2023 04:42 IST
The total bank loan outstanding of the aviation sector amounts to Rs 28,330 crore as of March 2023, according to RBI data.
Wed, May 03, 2023
Banks, payment operators report Rs 1,750 crore payment frauds in 7 months: RBISubscriber Only
May 02, 2023 05:09 IST
Card and internet frauds were just Rs 87 crore involving 2,321 frauds during the April-September period of 2022-23, according to the RBI’s Report on Trend and Progress in Banking.
Wed, May 03, 2023
Break up Big 5 conglomerates, says former RBI Dy GovernorSubscriber Only
March 31, 2023 04:35 IST
On January 24, Hindenburg Research of the US came out with a 106-page report, which accused the Adani group of ‘brazen stock manipulation and accounting fraud’, leading to a market capitalization loss of over $100 billion.
Fri, Mar 31, 2023
MoRTH likely to delay third-party premium rates for motor insuranceSubscriber Only
March 27, 2023 04:35 IST
According to industry sources, MoRTH will follow the same time line for the new fiscal year which effectively means the new rates will not be effective before June 1.
Mon, Mar 27, 2023
What Fed rate hike indicates, what investors should do nowSubscriber Only
March 24, 2023 06:45 IST
The actions of the Fed will likely drive the decisions of central banks around the world (such as RBI), as they seek to strike a delicate balance between growth, inflation, and currency volatility.
Fri, Mar 24, 2023
Govt assesses if and how global financial turmoil will hit IndiaSubscriber Only
March 21, 2023 05:05 IST
According to policy experts working alongside the government, there is comfort in the prevailing macroeconomic situation.
Tue, Mar 21, 2023
UBS & Credit Suisse: What will happen to the Swiss banks’ Indian operations?Subscriber Only
March 20, 2023 10:45 IST
The proposed takeover of Credit Suisse by UBS – both Swiss banks – is expected to witness consolidation of the Indian operations of both the banks. What is their presence here and how does the takeover affect them?
Tue, Mar 21, 2023
How safe is your money amid global bank crisesSubscriber Only
March 17, 2023 07:15 IST
While investors fretted over the fall in bank stocks, the drop in bond yields caused losses for bond investors, mainly banks. How safe is your money in banks, stocks and bonds in an interconnected financial world?
Fri, Mar 17, 2023Journalism of Courage
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