CATEGORIES

Centre readies plan to sell up to 20% in 5 PSBs

Govt may consider both OFS and QIP routes for diluting its stake

RBI Frees Up Bank Capital With NBFC Risk Weight Rollback

With bank loan growth slowing over the past year, the Reserve Bank of India (RBI) has decided to reverse its decision to increase the risk weight of bank loans to non-banking financial companies (NBFCs), which will result in a substantial release of capital for banks.

Delhi lost ₹2K cr due to liquor policy: CAG

A Comptroller and Auditor General (CAG) report, tabled in the Delhi Assembly on Tuesday, has faulted the excise policy introduced by the previous Aam Aadmi Party (AAP) government in 2021 to have caused cumulative losses worth over ₹2,000 crore to the Delhi government.

Capex slows in FY25 but key infra, power players set to benefit

Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25.

Nifty nears 2nd-worst losing streak in 30 yrs

Amid the fall, one in every five Nifty stock is more than 28% down over the past five months

Ericsson to help Airtel shift to 5G standalone

Ericsson will be supplying key 5G equipment to telecom operator Bharti Airtel for seamless transition to a commercially live, full-scale 5G Standalone (SA) network over time, the Swedish telecom gear maker said on Tuesday.

Road to Decentralisation

Rural local bodies need to be strengthened

Bitcoin slides below $90K as crypto selloff gathers steam

The Fall

Sebi slaps ₹5 cr fine on ICCL for audit, cybersecurity lapses

The Securities and Exchange Board of India (Sebi) on Tuesday imposed a ₹5.05 crore penalty on Indian Clearing Corporation Ltd (ICCL), a wholly owned BSE subsidiary, for failing to comply with cybersecurity and system audit norms.

Microfinance loan book shrinks 3.5% to ₹3.85 trillion in Dec qtr

The gross loan portfolio in the microfinance segment shrunk by 3.5 percent year-on-year (Y-o-Y) to ₹3.85 trillion during the third quarter of financial year 2025 (Q3FY25) as the period was marked by curtailed funding and strict credit underwriting.

US sides with Russia on Ukraine vote at UN

In New York on Monday, the US and Russia both voted against an European-backed resolution in the UN General Assembly that calls out Moscow's \"full-scale invasion,\" exactly three years ago.

CRACKS IN CO-OPS?

Despite RBI's initiatives and interventions, cases of irregularities in urban cooperative banks keep cropping up. A closer scrutiny of the sector might be in order

RBI Resets Microloan Risk Weights, Easing Lending Constraints

\"Lowering risk weights will free up banks' capital. It is a positive move for the overall NBFC sector.

Two PSBs Have Raised ₹8.5K Cr So Far in FY25

Sanjay Agarwal, senior director, CareEdge Ratings, said: \"During the post-AQR (asset quality review) period, the government had infused substantial equity to support credit losses of PSBs. With the banks turning around and having good profits, the government now has significant surplus equity stakes in some banks (vis-a-vis Sebi guidelines). This surplus stake at current values exceeds ₹43,000 crore. A part of the surplus would be used by banks for growth, while the government may look at offloading some of the balance in the secondary markets.\"

India, EU May Discuss Shared Concerns Over China

Other key areas will include India's role in the Ukraine peace process, shared concerns over China, the India-Middle East-Europe Corridor (IMEC), and artificial intelligence (AI), a senior EU official said on Tuesday.

Creditors Greenlight KTM Debt Restructuring Plan

The restructuring plan for embattled European two-wheeler maker KTM AG, a wholly owned subsidiary of Pierer Mobility AG and backed by India's Bajaj Auto, has been approved by creditors, clearing the way for production to ramp up by March 2025.

F&O trading faces reset as Sebi revisits open interest formula

New futures and options risk metrics aimed at closer alignment with cash market

Making Every Budget Rupee Count for Cities

As the dust settles on this year's Budget allocation discussions, let's look at a few measures that need attention from the three tiers of government and other involved agencies to get the most bang for the buck from allocations meant for India's cities.

₹ Records Steepest Single-Day Fall in 3 Weeks Against $

The rupee on Tuesday recorded its steepest single-day decline in more than three weeks since February 3 as the Reserve Bank of India (RBI) settled around $5-6 billion offshore forward contracts that were set to expire, said dealers.

Maruti Begins Production at Kharkhoda Unit

Maruti Suzuki India (MSIL) on Tuesday said it has started production at its new manufacturing facility at Kharkhoda in Haryana that has an annual production capacity of 250,000 units.

India has lower exposure to US tariffs than APAC peers: Moody's

Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks.

IPCC gathers to draft outlines of seventh assessment report

The Intergovernmental Panel on Climate Change (IPCC) gathered in Hangzhou, China, to draft the Seventh Assessment Report (AR7) and a methodology report on carbon dioxide removal technologies.

EPFO: Fresh formal hirings decline by 3% in December

TAKING A DIP

EU seeks stronger commitment from India on tariff cuts

The European Union (EU) expects stronger commitments from India on reducing 'high' import tariffs on cars, wines, and spirits as part of the ongoing negotiations for a free-trade agreement (FTA), a senior EU official said on Tuesday, ahead of the meeting of Prime Minister Narendra Modi and European Commission President Ursula von der Leyen later this week.

RIL touts 'brain mapping' to lure IPL advertisers

After striking an $8.5-billion media merger with Walt Disney, Mukesh Ambani is targeting small businesses and promoting unconventional neuroscience studies to boost its revenues from the IPL, the world's most valuable cricket league.

Unprecedented visit

Whole-of-government approach to India-EU relations needed

FinMin defers PSB review meet to Mar 5

The finance ministry has deferred performance review meeting with heads of public sector banks (PSBs) by a day to March 5.

Anti-US Sentiment in West Bank Bolsters Demand for Local Soda

Order a Coke to wash down some hummus in the Israeli-occupied West Bank these days and chances are the waiter will shake his head disapprovingly — or worse, mutter \"shame, shame\" in Arabic — before suggesting the popular local alternative: a can of Chat Cola.

UltraTech Lines Up ₹1.8K Cr Capex for Cables Biz Foray

India's largest cement maker UltraTech Cement on Tuesday announced plans to enter the wires and cables business, with an initial capital expenditure (capex) of ₹1,800 crore to be spent over two years.

Strong film line-up, lean ops may flip PVR script

Asset-light model, attractive valuation limit downside risks for the stock