Journalism of Courage
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George Mathew
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More From George Mathew - Page 32
AAP wants Gods on currency: who designs rupee notes, and how?Subscriber Only
October 26, 2022 19:23 IST
Arvind Kejriwal has appealed to the Centre to print pictures of Hindu deities Lakshmi and Ganesh on currency notes. But who decides what bank notes and coins are supposed to look like? What are the types of notes issued so far?
Fri, Oct 28, 2022
Credit card spends jump 70% in five months on retail buyingSubscriber Only
October 25, 2022 07:45 IST
According to RBI data, credit card users spent Rs 971,638 crore in fiscal 2021-22 as against Rs 630,414 crore a year ago. Of this, as much as Rs 380,643 crore was spent through POS (point of sale) machines of merchants in 2021-22.
Tue, Oct 25, 2022
As global rates rise, NRI deposits decline $ 6.84 bn in April-AugustSubscriber Only
October 19, 2022 01:43 IST
NRI deposits have fallen by US $ 6.84 billion to $ 134.68 billion as of August 2022 from $ 141.52 billion a year ago as interest rates and bond yields in many countries, led by the US, rose from multi-year lows.
Wed, Oct 19, 2022
‘Whatever we’ve done or do in 2022 can only bring inflation down in mid-2023’: Jayanth R VarmaSubscriber Only
October 18, 2022 00:52 IST
"We persisted in this (focus on recovery) longer than we should have… Since we did not normalise interest rates till early 2022, we had already missed the bus when the Ukraine war started," says Jayanth R Varma.
Tue, Oct 18, 2022
IRDAI proposes conditions for private equity funds in insurance companiesSubscriber Only
October 15, 2022 05:33 IST
IRDAI said the equity contribution of promoters and other investors will have a lock-in period of five years at the time of granting the final approval or even before that.
Sat, Oct 15, 2022
Terms of Infosys share buyback, and what it means for investorsSubscriber Only
October 14, 2022 15:24 IST
The company has set the maximum buyback price at Rs 1,850, a premium of 30 per cent over the closing price on October 13.
Fri, Oct 14, 2022
Why safe haven gold isn’t shining — but why you need not give up on itSubscriber Only
October 14, 2022 06:30 IST
Gold is traditionally seen as a strong hedge against inflation and a safe haven during times of uncertainty. This, however, is not the case now. Is this the right time to invest?
Fri, Oct 14, 2022
Govt links wage hike for PSU insurance staff with performanceSubscriber Only
October 10, 2022 23:29 IST
With the 12 per cent hike along with five years of arrears, wage bill for National Insurance will be around Rs 2,177 crore, Rs 2,080 crore for New India Assurance (NIA), Rs 2,135 crore for Oriental Insurance and Rs 1752 crore for United India Insurance.
Mon, Oct 10, 2022
International trade in Rupee: Big banks drag feet on mechanismSubscriber Only
October 10, 2022 11:23 IST
Though banks claim that they are still waiting for clearances from the RBI, the rupee trade is yet to kickstart for all practical purposes. The trade with Russia is done more at the country level and bulk of the business relates to oil imports with exports falling after the Ukraine war started.
Tue, Oct 11, 2022
Rising inflation, strong USD: Forex reserves plummet $110 billion in 13 monthsSubscriber Only
October 09, 2022 04:22 IST
According to the RBI, forex reserves fell by $4.854 billion to $532.664 billion during the week ended September 30 as the strong dollar and adverse external factors reduced India’s forex kitty. The reserves had declined by over $8.134 billion to $537.518 billion in the previous week.
Sun, Oct 09, 2022
Interest rates up, likely to rise further: how to manage your loan and savingsSubscriber Only
October 07, 2022 06:30 IST
Home loan rates have risen in the last few months, and the higher EMI and longer loan tenures along with inflation have led to an increase in expenditure and a reduction in savings for individuals.
Sat, Oct 08, 2022
Rising rates after four repo hikes: Turbulent times ahead for home loan segmentSubscriber Only
October 06, 2022 04:50 IST
According to the RBI data, housing loan outstanding jumped by Rs 2.51 lakh crore to Rs 17.85 lakh crore in the 12-month period ended August 2022 — against a rise of Rs 1.85 lakh crore to Rs 15.34 lakh crore a year ago.
Thu, Oct 06, 2022
Household financial assets: FY22 sees fall in deposit growth, may pick up this yearSubscriber Only
October 03, 2022 02:53 IST
Bank deposits of households rose by Rs 6.53 lakh crore during the year, down nearly 48 per cent from Rs 12.59 lakh crore in the previous year, as interest rates declined to decadal lows in the banking system, as per data from the Reserve Bank of India (RBI).
Mon, Oct 03, 2022
Rakesh Jhunjhunwala, Big Bull who took risks, always positive on IndiaSubscriber Only
August 14, 2022 09:16 IST
Rakesh Jhunjhunwala, also known as ‘India’s Warren Buffett’, began investing in the stock market in the early 1980s with just Rs 5,000 which grew to $5.8 billion (around Rs 46,000 crore), according to Forbes magazine.
Mon, Aug 15, 2022
Electoral bonds: Parties mop up over Rs 10,000 crore since 2018Subscriber Only
August 01, 2022 04:29 IST
Electoral bonds are purchased anonymously by donors and are valid for 15 days from the date of issue. A debt instrument, these can be bought by donors from a bank, and the political party can then encash them.
Mon, Aug 01, 2022
India seems to be doing well compared to others; fuel price a challenge: Chairman, SBISubscriber Only
July 25, 2022 05:04 IST
Dinesh Kumar Khara added artificial intervention for rupee does not have any long-term impact.
Mon, Jul 25, 2022
FPIs ease sell-off, net buyers in July so farSubscriber Only
July 24, 2022 04:38 IST
FPIs have invested Rs 870 crore in domestic markets so far this month, after withdrawing Rs 51,422 crore in June and Rs 36,518 crore in May this year.
Mon, Jul 25, 2022
Explained: For future dollar expenses, should you invest in US markets now?Subscriber Only
July 22, 2022 04:00 IST
Over the last 11 months, the rupee has depreciated almost 10% against the dollar. What it means is that if an individual has to send $10,000 for his child's education fee in August 2022, he or she will end up paying Rs 8 lakh compared to Rs 7.2 lakh last year.
Fri, Jul 22, 2022
SBI chairman: Artificial intervention doesn’t workSubscriber Only
July 20, 2022 04:10 IST
Speaking to The Indian Express, Khara said, “I think that it (intervention by central bank) really doesn’t work.... Artificial intervention does not really have any long-term impact, it can only have a temporary impact.”
Wed, Jul 20, 2022
Irdai in favour of insurers in SLBC, proposes steep hike in premium targetSubscriber Only
July 18, 2022 03:21 IST
Insurance Regulatory and Development Authority of India (Irdai) Chairman Debasish Panda said insurance companies should become members of the State Level Bankers Committee (SLBC) and boost the growth of the sector.
Mon, Jul 18, 2022
‘CV financing demand to sustain, expect customers to absorb high interest rates’Subscriber Only
July 17, 2022 04:30 IST
Used vehicle demand up, says Shriram Transport Finance Company VC & MD
Sun, Jul 17, 2022
Forex reserves spiral down by $8 billion on FPI exits, US Fed rate hike worriesSubscriber Only
July 16, 2022 04:13 IST
The valuation loss, reflecting the appreciation of the US dollar against major currencies and decline in gold prices, have also played a part in the decline in the reserves. Forex reserves have fallen by $13 billion in the two weeks ended June 8.
Sun, Jul 17, 2022
LIC embedded value rises slightly to Rs 5.41L croreSubscriber Only
July 15, 2022 04:12 IST
Embedded value is calculated by adding the present value of future profits of an insurance firm to the net asset value (NAV) of the firm’s capital and surplus. It is a common valuation measure to estimate the consolidated value of shareholders' interest in an insurance company.
Fri, Jul 15, 2022
Explained: Gold loses some lustre, should you invest in it?Subscriber Only
July 14, 2022 20:45 IST
Gold prices have come under pressure due to rising interest rates in the United States and other developed economies, and the strengthening of the dollar.
Fri, Jul 15, 2022
Premium mobilisation: PSU general insurers lose market share in Jun quarterSubscriber Only
July 11, 2022 02:50 IST
While the market share of private companies rose to 51.82 per cent in June 2022 from 47.63 per cent a year ago, PSU general insurers lost the market share from 42.23 per cent to 37.85 per cent.
Mon, Jul 11, 2022Journalism of Courage
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