Clipped from: https://www.financialexpress.com/business/sme-kredx-becomes-5th-operator-of-rbis-treds-after-rxil-m1xchange-invoicemart-c2treds-3711175/ The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice discounting solution under
Day: January 11, 2025
SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-sbi-chairman-pitches-for-dedicated-institutions-to-track-end-use-of-funds-raised-by-small-businesses-3712062/ A “viable mechanism” is needed to ensure that the funds are used for the intended purposes, Setty said in remarks which come amid
The cost of overwork: How corporate culture is stifling innovation – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-cost-of-overwork-how-corporate-culture-is-stifling-innovation/3712357/ It’s nobody’s case that hard work isn’t necessary but no CEO can expect crazy working hours to be the norm. Even the highest
US likely to impose severe sanctions on Russian oil, global markets brace for impact – World News | The Financial Express
Clipped from: https://www.financialexpress.com/world-news/us-likely-to-impose-severe-sanctions-on-russian-oil-global-markets-brace-for-impact/3712296/ The sanctions, in response to Russia’s ongoing war in Ukraine, could severely disrupt Moscow’s oil exports to major buyers India and China. The
Liquidity management may take priority over rate cuts in February MPC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/liquidity-management-may-take-priority-over-rate-cuts-in-february-mpc/article69084118.ece With liquidity being tight, some foreign banks see the RBI opting for a liquidity fix instead of easing in the February MPC Foreign
Banking system faces huge liquidity deficit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banking-system-faces-huge-liquidity-deficit/article69085755.ece RBI conducts VRR auctions on Friday to inject liquidity The banking system is facing a huge liquidity deficit, which at the last count
*******Course correction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/course-correction/article69085267.ece Decline in market turnover, a good sign Recent data on trading volumes in the equity cash and derivatives segment of the stock market
*******Amplifying misinformation: Meta’s decision will harm public interest | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/amplifying-misinformation-meta-s-decision-will-harm-public-interest-125010901365_1.html Fact checking was initiated after the 2016 US elections and the Brexit referendum, which were both influenced by rampant disinformation on Facebook The
GST notices worth Rs 1.12 trillion on online gaming companies stayed | India News – Business Standard
lipped from: https://www.business-standard.com/india-news/sc-halts-rs-1-12-trn-gst-notices-offering-relief-to-online-gaming-sector-125011000542_1.html The Supreme Court on Friday stayed show-cause notices on goods and services tax (GST) against online gaming companies, stating that further proceedings under
Record SIP closures in Dec amid market volatility; inflows stay strong | Mutual Fund – Top Stories – Business Standard
Clipped from: https://www.business-standard.com/markets/mutual-fund/sip-account-closures-surge-to-record-high-in-december-shows-data-125011001051_1.html Investors open 5.4 million accounts, close 4.5 million last month Investors are shutting down mutual fund (MF) SIP accounts at a record pace
SBI chief C S Setty calls for common mechanism to track SME fund usage | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/sbi-proposes-common-mechanism-to-track-sme-fund-usage-for-better-pricing-125011000716_1.html In recent years, fintech and banks have started to dig for credit information from publicly available data and use analytics to create a
Removing fact-checks on social media risks losing a vital harm filter
Clipped from: https://www.business-standard.com/opinion/columns/removing-fact-checks-on-social-media-risks-losing-a-vital-harm-filter-125011001329_1.html Free speech shouldn’t be curtailed merely for conveying misinformation or expressing unpalatable or hateful opinions. It should be limited only when it has
Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion
lipped from: https://www.business-standard.com/industry/banking/bankers-ask-rbi-for-durable-liquidity-as-deficit-mounts-to-rs-2-trillion-125011001118_1.html Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts Amid funds in