RBI highlights risks and challenges in the financial sector – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-flags-potential-risks-and-challenges-in-financial-sector/article68502109.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-flags-potential-risks-and-challenges-in-financial-sector/article68502109.ece He suggested that banks may focus more on mobilisation of household financial savings through innovative products and service offerings The Reserve Bank of

JP Morgan raises odds of US recession by year end to 35% from 25%: Report | World News – Business Standard

https://www.business-standard.com/world-news/jp-morgan-raises-odds-of-us-recession-by-year-end-to-35-from-25-report-124080801912_1.html Clipped from: https://www.business-standard.com/world-news/jp-morgan-raises-odds-of-us-recession-by-year-end-to-35-from-25-report-124080801912_1.html Fears of a U.S. recession following a weaker-than-expected July jobs report and an unwinding of yen-funded carry trades sparked a sharp sell-off

Education made up 33% of firms’ CSR spend in FY23, shows govt data | Education News – Business Standard

https://www.business-standard.com/education/news/education-sector-makes-up-one-third-of-total-csr-spend-in-fy23-govt-data-124080801216_1.html Clipped from: https://www.business-standard.com/education/news/education-sector-makes-up-one-third-of-total-csr-spend-in-fy23-govt-data-124080801216_1.html Reliance topped social spending from FY19 to FY22 Photo: Shutterstock Listen to This Article Education continues to get the highest amount under

Monetary policy: No concern on growth, no comfort on inflation | Expert Views – Business Standard

https://www.business-standard.com/opinion/columns/monetary-policy-no-concern-on-growth-no-comfort-on-inflation-124080900017_1.html Clipped from: https://www.business-standard.com/opinion/columns/monetary-policy-no-concern-on-growth-no-comfort-on-inflation-124080900017_1.html The RBI estimate of growth, as well as, inflation for the current financial year remains unchanged, but there has been some fine-tuning

Banks should offer innovative products, service to garner deposits: Das | Finance News – Business Standard

https://www.business-standard.com/finance/news/banks-should-offer-innovative-products-service-to-garner-deposits-das-124080800802_1.html Clipped from: https://www.business-standard.com/finance/news/banks-should-offer-innovative-products-service-to-garner-deposits-das-124080800802_1.html However, the governor did not give any specific instructions as far as interest rates on deposits are concerned File Image: Reserve Bank

IBBI introduces self-regulatory guidelines for committee of creditors | Finance News – Business Standard

https://www.business-standard.com/finance/news/ibbi-introduces-self-regulatory-guidelines-for-committee-of-creditors-124080801307_1.html Clipped from: https://www.business-standard.com/finance/news/ibbi-introduces-self-regulatory-guidelines-for-committee-of-creditors-124080801307_1.html To ensure their professional competence, the CoC must keep themselves updated with the provisions of the Code, rules, and regulations, according to

Continuous clearing of cheques to speed up payments, enhance efficiency | Finance News – Business Standard

https://www.business-standard.com/finance/news/continuous-clearing-of-cheques-to-speed-up-payments-enhance-efficiency-124080801427_1.html Clipped from: https://www.business-standard.com/finance/news/continuous-clearing-of-cheques-to-speed-up-payments-enhance-efficiency-124080801427_1.html The cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours Listen to

Rs 1.82 trillion GST from mobile phones 5 times what PLI allocated | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/mobile-gst-windfall-of-rs-1-82-trn-nearly-enough-to-power-14-pli-schemes-124080801420_1.html Clipped from: https://www.business-standard.com/economy/news/mobile-gst-windfall-of-rs-1-82-trn-nearly-enough-to-power-14-pli-schemes-124080801420_1.html ICEA, which provided the GST data, projects that GST collections from mobile devices between FY21 and FY26 are expected to reach Rs

Food inflation can’t be ignored, need to remain vigilant: RBI Governor Das | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/pressures-from-food-inflation-cannot-be-overlooked-says-rbi-guv-das-124080800476_1.html Clipped from: https://www.business-standard.com/economy/news/pressures-from-food-inflation-cannot-be-overlooked-says-rbi-guv-das-124080800476_1.html Economic Survey had suggested exploring whether inflation targeting framework of the central bank should exclude food With this high share of food

Household optimism on economic conditions for coming year takes a hit | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/households-optimism-on-economic-conditions-ahead-takes-a-knock-rbi-survey-124080801642_1.html Clipped from: https://www.business-standard.com/economy/news/households-optimism-on-economic-conditions-ahead-takes-a-knock-rbi-survey-124080801642_1.html Sentiments about current employment conditions & own income deteriorate Listen to This Article Households in major cities in India seem to be

Today, India is far more resilient than what it was earlier, says RBI | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/today-india-is-far-more-resilient-than-what-it-was-earlier-says-rbi-124080801545_1.html Clipped from: https://www.business-standard.com/economy/news/today-india-is-far-more-resilient-than-what-it-was-earlier-says-rbi-124080801545_1.html India has improved its resilience vis-a-vis external shocks quite a bit, Das said Reserve Bank of India Governor Shaktikanta Das (centre) with

👍👍👍Fintech solutions can positively impact income, savings: CEA Nageswaran | Finance News – Business Standard

https://www.business-standard.com/finance/news/fintech-solutions-can-positively-impact-income-and-wealth-creation-cea-124080801467_1.html Clipped from: https://www.business-standard.com/finance/news/fintech-solutions-can-positively-impact-income-and-wealth-creation-cea-124080801467_1.html Says fintech industry should be aware of the challenges that fintechs may pose to society Chief Economic Advisor V. Anantha Nageswaran The

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