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Banks must enhance presence in derivatives market, says Das
POINTING OUT THAT the participation of Indian banks in the derivatives market remains limited, Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said the focus must be on enhancing and widening their participation, both domestically and offshore, while being prudent.
Sensex, Nifty scale fresh lifetime peaks
M-cap of BSE-listed firms crosses 400 trn
Banks raise ₹3.6 trn via CDs in Q4
BANKS RUSHED TO raise funds through certificates of deposit (CDs) in the fourth quarter of FY24 to meet the strong loan demand.
Pegatron may sell only India iPhone plant
PEGATRON IS IN advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group, said two sources with direct knowledge, marking the Taiwanese firm's latest scale back of its Apple partnership.
Jio mobile user market share tops 40%
MOBILE SUBSCRIBER MARKET share of Reliance Jio has topped 40% in February, data by the Telecom Regulatory Authority of India showed on Monday.
Mobile retailers' body accuses Apple of discriminatory offers
Monday accused Apple of anti-competitive practices in the country with regard to its cashback offers on iPhone 15 Pro and iPhone 15 Pro Max models.
Byju's begins March salary disbursal after delay
Byju's has commenced salary disbursement to its employees for the month of March, utilizing an alternative line of credit, according to sources aware of the matter.
PV retail sales in March drop 6% YoY
PASSENGER VEHICLE (PV) retail volumes in March fell for the first time in five months as changes in festival dates impacted consumer buying despite above-normal discounts offered by carmakers to liquidate stocks.
DoT body recommends FM radio model for direct-to-mobile tech
JUST LIKE FM radio functionality in mobile phones coexisting with live streaming of content, the Telecommunication Engineering Centre (TEC) has recommended a similar model for direct-to-mobile (D2M) technology keeping in view consumer preferences.
Renault surpasses Nissan in market value
Nissan Motor in market value as investors rewarded the French carmaker for moves including loosening ties with the struggling Japanese partner.
K-Pop agencies seek to move past BTS era as stars go digital
K-POP MUSIC AGENCIES are in need of a second act after an $8 billion equity rout sparked by concerns over falling album sales.
Why the third tier of government needs a status upgrade
Issue of devolution to panchayats must be addressed by giving states skin in the game
Retail inflation may top forecast
Pulses prices rise inexorably, fruits vegetables, milk may turn costlier too
Govt to buy chana at market price to boost buffer stock
TO RAMP UP stocks which has fallen below the buffer, the government is likely to buy chana (gram) directly from the farmers at market rate under price stabilisation fund (PSF) as mandi prices are higher than the minimum support price (MSP).
CEO salaries surge 40% in four years
Average compensation at 13.8 cr; junior execs’ pay rises at half the rate
Dull season for India Inc
HEADLINE PROFIT GROWTH is expected to be muted in the March quarter earnings season.
Pragg's shock tactics stun Vidit in third round
EMERGED victorious in the battle between two Indian grandmasters in Round 3 of the Candidates chess tournament.
Course correction for smaller colleges
THESE ARE DIFFICULT times for engineering students in India's tier-II and -III cities. The last few placement seasons have been disappointing with the bigger IT companies Infosys, Wipro and Tech Mahindra - largely staying away from these college campuses.
Canadian island named by Captain Cook prepares to throw solar eclipse party
IN THE REMOTE town of Burgeo on the east coast of the Canadian province of Newfoundland and Labrador, some residents are enthusiastically waiting to view Monday's rare solar eclipse and recreate the history of an island named by Captain James Cook.
Thailand pushes for 6-nation visa to lure affluent tourists
THAILAND IS STEERING an initiative for a joint-visa programme with countries that together hosted about 70 million tourists last year as Prime Minister Srettha Thavisin ramps up initiatives to attract more long-haul and highspending travellers.
US, UK, Australia weigh expanding AUKUS pact
THE US, BRITAIN and Australia are set to begin talks on bringing new members into their AUKUS security pact as Washington pushes for Japan to be involved as a deterrent against China, the Financial Times reported.
Are Indian firms prepared to face the looming threats?
India Inc. needs to increase cyber budgets tackle talent shortages
Thinking out of the box
Outdoor ad spending to cross 1K cr in the run up to elections
How an IIM got 50% female MBAs
It happened neither by accident nor by design; IIMK made MBA more attractive for females
Invest in corporate bond funds for higher yields
THE WIDENING SPREAD between AAA-rated corporate bonds and government securities has enhanced the appeal of corporate bond funds as an income-generating investment option.
Lateral hirings at PSU lenders spark debate
RECENT EXITS OF some senior officials from public sector banks (PSBS), hired from the private sector, have sparked a debate in the banking sector about the relevance of lateral hiring from private lenders.
Treasury income boost for banks
HIGHER TREASURY INCOME, supported by a fall in bond yields during the January-March period, is likely to boost earnings of banks in the fourth quarter of the previous fiscal.
Vistara cuts 10% daily flights in Apr
The carrier wants to stabilise operations
Seed stage funding on the rise for Al-based startups
ARTIFICIAL INTELLIGENCEBASED startups across sectors such as healthcare, logistics, energy, fashion and others are witnessing a growth in pre-seed and seed-stage funding.
Wipro CEO shift smooth, results may take time
THE APPOINTMENT OF Srinivas Pallia as the new CEO of Wipro has been viewed positively by analysts, as he has been chosen from within the company rather than an outsider being brought in for the top job.