Category: News of interest

Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/rbi-neednt-sneeze-if-the-fed-is-down-with-flu/article66706353.ece With the rupee and inflation settling at manageable levels, the decision isn’t much of a surprise ; but risks still persist India as

lipped from: https://www.thehindubusinessline.com/money-and-banking/solvency-analysis-show-no-banks-capital-will-fall-below-threshold-rbi/article66707116.ece RBI has issued guidelines to banks to use various scenarios to stress test their balance sheets According to the stress test undertaken by

lipped from: https://www.thehindubusinessline.com/money-and-banking/solvency-analysis-show-no-banks-capital-will-fall-below-threshold-rbi/article66707116.ece RBI has issued guidelines to banks to use various scenarios to stress test their balance sheets According to the stress test undertaken by

Clipped from: https://www.business-standard.com/economy/news/raghuram-rajan-says-banking-system-is-likely-to-be-headed-for-more-trouble-123040600926_1.html?code=NTM4OTU9MTIzMDQwNjAwOTI2 His comments add to warnings that the troubles at SVB and Credit Suisse are indicative of deeper underlying problems in the financial system

Clipped from: https://www.business-standard.com/india-news/government-releases-new-rules-for-online-gaming-prohibits-betting-123040600744_1.html?code=NTM4OTU9MTIzMDQwNjAwNzQ0 The government on Thursday released new rules for online gaming which prohibit any game that involves betting and wagering, and entail a framework

Clipped from: https://www.business-standard.com/opinion/columns/who-will-india-trade-with-123040501182_1.html?code=NTM4OTU9MTIzMDQwNTAxMTgy Regional consolidation of trade may leave India out in the cold Global trade seems to be getting consolidated along regional contours. Selective and

Clipped from: https://www.financialexpress.com/business/investing-abroad-investing-abroad-will-tds-apply-on-old-or-new-tax-regime-rates-government-clarifies-3036181/The CBDT has clarified that a deductor being an employer shall seek information from each employee having salary income regarding the tax regime

Clipped from: https://www.financialexpress.com/industry/banking-finance/banking-system-headed-for-more-turmoil-warns-raghuram-rajan-warns/3036799/ Raghuram Rajan, who was also governor of Reserve Bank of India, said a decade of easy money and a flood of liquidity from

lipped from: https://www.financialexpress.com/business/brandwagon-government-announces-new-rules-for-online-gaming-prohibits-games-which-involves-wagering-3036857/ The new rules for online gaming prohibits any game that involves betting and wagering and entail a framework of multiple self-regulatory organisations (SROs)

Clipped from: https://www.financialexpress.com/economy/the-ball-rupee-is-in-the-reserve-bank-of-indias-court/3036577/ The RBI surprised the markets by pausing interest rates when the markets had factored in a 25 bps increase. It further revised the

Clipped from: https://www.financialexpress.com/opinion/monetary-policy-watchfully-hawkish/3036883/ The hawkish tone of the policy documents portends that if inflation does not fall in line with the MPC’s assessment for Q1 FY2024,

Clipped from: https://www.business-standard.com/finance/news/no-change-mpc-presses-pause-after-hiking-rate-by-250-bps-since-may-2022-123040600348_1.html RBI governor makes it clear that if required, MPC could hike rates in future meetings In a surprise move, the six-member Monetary Policy

Clipped from: https://www.financialexpress.com/money/sbi-to-pnb-bank-wise-full-list-of-unclaimed-deposits-of-psbs-with-rbi-and-what-it-plans-to-do/3036169/ Unclaimed Bank Deposits in PSBs (Full List): Reserve Bank of India (RBI) has decided to develop a web portal to enable search across

Clipped from: https://www.financialexpress.com/economy/rbi-mpc-decides-to-go-ahead-with-a-hawkish-pause/3036491/ Instead of proceeding with a dovish hike, the RBI surprised the markets with a hawkish pause. Kept rates unchanged and retain the “withdrawal

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-set-up-portal-to-search-across-multiple-banks-for-unclaimed-deposits/article66705716.ece Currently, deposits remaining unclaimed for 10 years in a bank are transferred to the Depositor Education and Awareness Fund maintained by RBI The Reserve

Clipped from: https://www.thehindubusinessline.com/money-and-banking/customers-to-receive-compensation-for-delayed-updationrectification-of-credit-information-rbi/article66705761.ece Customers will receive SMS/ email alerts when credit information companies access credit information The Reserve Bank of India (RBI) on Thursday announced that it will put

Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/snapchat-ai-chatbot-gets-safety-enhancements/article66705683.ece This comes after Snapchat discovered some potential misuse of its chatbot Snapchat has introduced new tools to its AI chatbot — My AI — with

Clipped from: https://www.thehindubusinessline.com/info-tech/microsoft-launches-chatgpt-enabled-security-solution/article66705747.ece Microsoft’s Security Copilot identifies lurking problems, constantly learns Even as coders, academicians, doctors and lawyers are using ChatGPT and other generative AI tools,

Clipped from: https://www.thehindubusinessline.com/money-and-banking/highlights-of-rbis-monetary-policy-statement/article66706077.ece The Reserve Bank of India held its Monetary Policy Committee meeting on Thursday Following are the highlights of RBI’s monetary policy statement: Comments