The RBI introduced the new investment category, FVTPL, in April 2024. As per the revised norms, banks are required to classify their entire investment portfolio into three categories - held to maturity (HTM), available for sale (AFS), and FVTPL. The old category, held for trading, has now become a sub-category of FVTPL.
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Trump comeback: Honda to go slow on new EVs
HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.
Bid for 2036 Olympics takes pan-India route
â Bhubaneswar, Bhopal, Pune to join Ahmedabad
Flying taxis are on the horizon
Taking Commuting To New Heights
Pritish Nandy dies at 73
Veteran journalist, poet and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.
Foxconn, Dixon Urge Govt to Pay â¹700 Cr in Pending PLI Subsidies
The government is reviewing the two requests, the people said.
India seeks NRI participation in 'Viksit Bharat'
THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).
No Pre-emptive Tariff Overhaul
Over a few years to FY23, India had seen a significant tariff escalation, reversing the trend of progressive reduction of these import barriers, primarily in the wake of the pandemic.
Oil pares gains on dollar strength
OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.
'Align AI and business goals for better results'
ENTERPRISES are increasingly recognizing the value of multi-cloud architectures and the ability to capitalize on the unique strengths of various cloud platforms to enhance their operational capabilities, says Shailender Kumar, senior vice-president and regional managing director of Oracle India and Netsuite JAPAC.
GCCs focus on skills-based hiring for growth
GCCs focus on skills-based hiring for growth
