CATEGORIES

SBI to channel $1.5 bn in global book in 4 months

The country's largest lender, State Bank of India (SBI), expects to deploy $1.5 billion in funding that it has tied up over the next four months of the ongoing financial year (2024-25) in international operations.

HDFC Life faces data breach, begins investigation

HDFC Life on Monday reported an incident of a data leak and has initiated a detailed investigation in consultation with information security experts to assess the root cause and take necessary remedial action, the company stated in an exchange filing.

President to address joint sitting of Houses

75 YEARS OF CONSTITUTION ADOPTION

Modi calls for global financial model to support cooperatives

Prime Minister Narendra Modi on Monday called upon representatives from the cooperative movement to explore the possibility of a global financial institution to finance cooperatives and a collaborative financial model for such bodies.

Houses adjourned amid ruckus over Adani bribery case

Oppn demands JPC probe; BJP terms it 'retaliation' tactic

Pant may score big on advertising pitch

\"He doesn't need to hit today. He's going big anyway,\" Indian batsman Virat Kohli made a light-hearted comment on Rishabh Pant in Australia while playing the Border Gavaskar Trophy test match on Sunday, in an oblique reference to the Indian Premier League (IPL) auction.

IPL teams hit yorker with big bowler buys

PACE ATTACK: Six of top 10 buys on Day 2 of mega auction were fast bowlers

China's Liren draws first blood, beats Gukesh in Game 1

Grandmaster D Gukesh paid dearly for unwarranted complications in his middle game as defending champion Ding Liren of China drew first blood by defeating the teenaged Indian in a high-pressure opening game of the World Chess Championship here on Monday.

CCEA approves PAN as common biz identifier

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Monday approved the PAN 2.0 project of the Income Tax department with a Budget of ₹1,435 crore.

Supply-chain financing of NBFCs under RBI scanner

The Reserve Bank of India (RBI) has sought details of the supply-chain finance offerings of non-banking financial companies (NBFCs) and its Department of Supervision (DoS) has told a few leading shadow banks that they may have to rework these offerings, industry sources said.

S&P cuts India's FY26 GDP forecast to 6.7%

FY25 inflation projection raised to 4.6%

COP29 gets UN carbon markets going but concerns persist on climate integrity

The just-concluded COP29 UN global climate summit at Baku, Azerbaijan, could count only adoption of Article 6—a UN-mandated framework to enable emission mitigation and fund clean energy projects using market mechanisms such as carbon credits—as the only real achievement.

GenAI startups in India take giant strides in Sep quarter

Funding surges to $51 mn, a near sixfold increase from $8 mn in the previous quarter; India now ranked sixth in global ecosystem

NFRA moves to extend company auditing standards to LLPs

The National Financial Reporting Authority (NFRA) on Monday recommended that the auditing standards proposed for companies be made applicable to limited liability partnerships (LLPs) as well, according to a press statement.

HUL ice-cream business demerger clears first hurdle after board nod

The board of directors of Hindustan Unilever (HUL) on Monday gave an in-principle approval to demerge the ice-cream business into an independent listed entity.

Bumper kharif harvest may lower food inflation

Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.

Vedanta to proceed with dollar bond sale

Vedanta Resources, which postponed a planned sale of dollar bonds last week after the Adani group's top officials were indicted by US prosecutors, will now launch the issue on Monday, according to two sources.

Maruti hits 3 mn export milestone

Carmaker leads PV exports

Robotics, precision manufacturing hot bets for investors'

Robotics and precision manufacturing, along with areas that combine soft technology with hard manufacturing, will be the hot areas for venture investors and founders in the near future, according to Prashanth Prakash, a partner at leading venture capital firm Accel.

Comfortable liquidity, enough debt cover for 28 mths: Adani

Group reports ₹53K cr cash buffer, robust operational cash flow amid bribery charges

Total halts Adani investments

But group wins GQG's vote of confidence

PSBs prepare to open AT-1, Tier-2 bond floodgates

They target raising ₹54,800 cr in FY25

India may become global leader in 5G FWA mkt by 2027

India is expected to become the world's largest 5G fixed wireless access (FWA) market by 2027 with over 30 million subscribers and overtake the US, the current global leader with 15 million subscribers, according to Counterpoint Research.

Crypto or not: Industry to focus on user protection, licensing regime

A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder

Pant, Iyers knock it out of the park

IPL Mega Auction: Star wicket-keeper most expensive player at ₹27 cr; Shreyas, Venkatesh bag hefty pay cheques

Eastern states are country's growth engine, says Modi

Prime Minister Narendra Modi asserted on Sunday that his government considers India's eastern region as the country's growth engine, while the area was considered backward earlier.

The other side of financialisation

There's been a dramatic rise in loans against gold in the past one year, but growth in unsecured loans is slowing. Bank loans to the NBFC sector have also dipped

Demand for super top-up health insurance plans rises after Covid

Demand for super top-up plans in health insurance has increased significantly post the Covid-19 pandemic, owing to a rise in medical costs and increased insurance awareness in the country, industry insiders have said.

Countdown to Feb 1 begins

FY26 Budget will come only six months after the last one, but has all the signs of becoming a hallmark document

Greening AI for sustainable computing

Technologies are providing solutions to many business and social problems. However, the solution itself is becoming a problem for climate action.