CATEGORIES

EU's AI law may increase cost burden on firms

The European Parliament's approval of the world's first rules to govern artificial intelligence (AI) sets a clear regulatory framework, and the Indian companies conducting business or catering to clientele in the European Union (EU) will need to adhere to it, experts said.

Situation along LAC is stable but sensitive: Army chief

Chief of Army Staff General Manoj Pande said on Friday that the army is in control of the situation on the Line of Actual Control (LAC), where Indian and Chinese troops had clashed in the summer of 2020 after soldiers from the People's Liberation Army (PLA) had crossed in large numbers into territory that was controlled and patrolled by the Indian Army and the IndoTibetan Border Police (ITBP).

Marquez's unsatisfying goodbye

Billed as a \"rediscovered\" novel, Until August is likely to be the last published book of fiction by & IDEAS the Colombian master and Nobel laureate Gabriel García Márquez.

TARGET MATURITY FUNDS vs FIXED MATURITY PLANS Where TMFs score: Transparent, low on credit risk and cost-efficient

FMPs don't face the issue of liquidity management but have higher costs

Near-term demand worries persist for Kajaria Ceramics

Management and brokerages predict strong recovery in FY25

Margin concerns largely priced in for Muthoot, Manappuram

The rising price of gold has a positive effect on the assets under management (AUM) of goldbacked lenders such as leading gold NBFCs, Muthoot Finance, and Manappuram Finance AUM rises when gold price increases.

Retail-heavy stocks plummet 10% this month Stacks with high retail the broader market space

shareholding have underperformed this month.

Worst week for Sensex, Nifty in 5 months

Small and midcaps post biggest weekly decline in 15 months amid moves to skim froth

OMC shares sink up to 6% on fuel price cut

Investors shunned shares of oil marketing companies (OMCS) on Friday as they feared that the government's decision to cut retail prices of petrol and diesel could hurt the companies' profit margins in the near term.

Small, midcap valuation premium over benchmarks shrinks

The valuation premium of the BSE Midcap and Smallcap indices over the benchmark S&P BSE Sensex has shrunk to its lowest level in the last one year after the recent correction in the share prices of midcap and smallcap stocks.

CAA: A fading story

For BJP, CAA was strategic move that did not quite work out because those it would benefit could've been accommodated under existing laws, and new entrants would remain excluded

China loans grow at slowest pace on record

China's bank loans expanded at the slowest pace on record in February, underscoring weakness in borrowing demand despite steps by the central bank to ease policy and help the economy.

Tik Tok turns to creators to fight possible ban

Facing a possible ban in the United States, TikTok has scrambled to deploy perhaps its most powerful weapon: its creators.

VOTING BEGINS IN RUSSIA PRESIDENTIAL ELECTION

Russians cast their ballots across the country's 11 time zones on Friday for a threeday presidential election that is all but certain to extend President Vladimir Putin's rule by six more years after he stifled dissent.

McDonald's system outage takes toll on operations globally

McDonald's has been hit by a system outage that appears to have started in the Asia-Pacific region and spread to other markets globally, leaving customers unable to order at its stores and through electronic platforms.

FX reserves rise by $10 bn to 2-yr high

The country's exchange reserves rose to an over two-year high of $636 billion in the week ended March 8, according to the latest data released by the Reserve Bank of India (RBI).

States plan to raise record ₹50,206cr through bonds

Seventeen states and Union Territories plan to borrow ₹50,206 crore next week through the auction of state government securities, marking the highest amount borrowed through state bonds in a single auction.

Rupee, govt bonds fall on US bond yield surge

Rupee and government bonds weakened on Friday after the yield on the benchmark 10year US Treasury bond surged by around 10 basis points (bps) to reach 4.29 per cent and the dollar index rose by 0.57 per cent, climbing to 103.50.

RBI widens supervision of exuberance in retail lending

The Reserve Bank of India (RBI) is stepping up its fight against \"exuberance\" in retail lending, targeting new areas including mortgage-linked \"top-up\" loans, on concern about rising risks to the financial system, a dozen sources said.

Das for better grievance redress mechanism

RBI guv says gaps have been identified in the systems of regulated entities MANOJIT S

'Misplaced, misinformed': India to US on CAA

India has strongly rebuffed criticism from the United States regarding the implementation of the Citizenship (Amendment) Act (CAA) 2019, asserting that it is an internal matter and dismissing the US statement as \"misplaced, misinformed, and unwarranted.

Make agri more productive, don't move millions out of it'

Greeshma Kuthar, Ritika Chopra joint winners of Chameli Devi award

FTA talks to continue even during polls: Govt

India will continue the ongoing negotiations for free-trade agreements (FTAs) with countries like the United Kingdom (UK) and Oman even after the model code of conduct for the general elections kicks in from Saturday.

Need for collective effort to improve DSR paddy cultivation: White paper

Paddy cultivation by largescale adoption of the direct seeded rice (DSR) technique in India will critically depend on a concerted effort from all stakeholders, including agriinput and farm mechanisation companies, crop management advisories, and the government, according to a white paper.

SBI 'duty bound' to disclose electoral bond number: SC

Need to learn lessons from electoral bonds scheme: FM

Top court issues notice to bank

The Supreme Court on Friday said State Bank of India (SBI) had to reveal the numbers on electoral bonds in addition to the disclosed details regarding their purchase and redemption.

At least 4 Kolkata firms in list of top 10 bond donors

At least four companies headquartered in Kolkata Haldia Energy Limited, Essel Mining and Industry Limited, Keventer Foodpark Infra Limited, and Madanlal Limited feature in the list of top 10 electoral bond donors.

Four financial service firms buy ₹87 cr electoral bonds

Financial services firms like Bajaj Finance, Piramal Enterprises, and Edelweiss Group together purchased electoral bonds worth ₹87 crore between April 1, 2019 and January 2024.

Lottery tickets to chargesheets: Story of Future Gaming

Future Gaming and Hotel Services, a little-known Coimbatore-based company, has emerged as the biggest buyer of electoral bonds.

Smaller firms donated larger share of profit

Smaller listed companies donated a larger share of their net profits through electoral bonds than their bigger peers.