Category: News of interest

https://www.business-standard.com/finance/insurance/health-insurance-master-circular-insurers-seek-deadline-extension-till-dec-124081100395_1.html Clipped from: https://www.business-standard.com/finance/insurance/health-insurance-master-circular-insurers-seek-deadline-extension-till-dec-124081100395_1.html Irdai issued a circular on health insurance products in June and asked general/health insurers to offer a wider range of products to

https://www.business-standard.com/economy/news/one-year-of-dpdp-act-delayed-rules-hamper-india-s-data-protection-law-124081100299_1.html Clipped from: https://www.business-standard.com/economy/news/one-year-of-dpdp-act-delayed-rules-hamper-india-s-data-protection-law-124081100299_1.html Digital rights and advocacy groups said that the delay in the notification of rules is creating business uncertainty and has limited individuals’

https://www.business-standard.com/opinion/columns/hawks-rule-over-doves-124080801762_1.html Clipped from: https://www.business-standard.com/opinion/columns/hawks-rule-over-doves-124080801762_1.html Credit growth needs to be moderated, and the RBI has been taking steps to reduce banks’ exposure to unsecured lending. (Photo: Reuters)

https://www.business-standard.com/industry/news/no-backdoor-entry-for-defaulting-promoters-fm-nirmala-sitharaman-124080801749_1.html lipped from: https://www.business-standard.com/industry/news/no-backdoor-entry-for-defaulting-promoters-fm-nirmala-sitharaman-124080801749_1.html Statement comes in response to concerns over haircuts in insolvency cases Nirmala Sitharaman, Union Finance Minister in the Lok Sabha, replying to

https://www.thehindubusinessline.com/opinion/the-skills-challenge/article68502263.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-skills-challenge/article68502263.ece Budget proposals: Implementation holds the key One of the top nine priorities of the Union Budget is employment and skilling. In line

https://www.thehindubusinessline.com/opinion/should-we-open-the-door-to-chinese-investments/article68502202.ece Clipped from: https://www.thehindubusinessline.com/opinion/should-we-open-the-door-to-chinese-investments/article68502202.ece There is no certainty that Chinese investments will reduce India’s huge trade deficit with China The Economic Survey for 2023-24 suggested that

https://www.thehindubusinessline.com/opinion/steps-that-can-reduce-ibc-delays/article68497845.ece lipped from: https://www.thehindubusinessline.com/opinion/steps-that-can-reduce-ibc-delays/article68497845.ece Promoters’ moves to scuttle resolution should be dealt with. IBC-specific NCLT benches are needed The Banking Law Reforms Committee (BLRC) which gave

https://www.thehindubusinessline.com/economy/ibbi-issues-guidelines-for-committee-of-creditors-to-expedite-ibc-resolutions/article68500076.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbi-issues-guidelines-for-committee-of-creditors-to-expedite-ibc-resolutions/article68500076.ece Move could strengthen the institution of CoC, ensure time-bound decision making by its members The new guidelines are designed to ensure a

https://indianexpress.com/article/business/economy/managing-inflation-rbi-relevant-ministries-in-constant-engagement-on-supply-side-measures-says-das-9503566/ Clipped from: https://indianexpress.com/article/business/economy/managing-inflation-rbi-relevant-ministries-in-constant-engagement-on-supply-side-measures-says-das-9503566/ “The government has been taking a number of measures. Several ministries are attending to the situation as it is emerging. Surprises are

https://indianexpress.com/article/business/economy/up-to-4-nominees-for-bank-accounts-proposed-as-part-of-banking-law-tweaks-9505443/ Clipped from: https://indianexpress.com/article/business/economy/up-to-4-nominees-for-bank-accounts-proposed-as-part-of-banking-law-tweaks-9505443/ The Banking Laws (Amendment) Bill, 2024, which was introduced by Minister of State for Finance Pankaj Chaudhary, proposes to raise the threshold

https://indianexpress.com/article/business/economy/finance-minister-to-banks-innovate-focus-on-small-deposits-to-plug-gap-with-credit-growth-9507109/ Clipped from: https://indianexpress.com/article/business/economy/finance-minister-to-banks-innovate-focus-on-small-deposits-to-plug-gap-with-credit-growth-9507109/ Banks are facing challenges on the funding front with bank deposits trailing loan growth. FM Nirmala Sitharaman addressed RBI Central Board in

https://www.business-standard.com/world-news/us-elections-won-t-interfere-with-fed-in-rebuke-to-trump-says-harris-124081100051_1.html Clipped from: https://www.business-standard.com/world-news/us-elections-won-t-interfere-with-fed-in-rebuke-to-trump-says-harris-124081100051_1.html The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes, said Kamala

https://www.business-standard.com/opinion/columns/welcome-to-the-yes-but-cycle-of-rate-cuts-124081000017_1.html Clipped from: https://www.business-standard.com/opinion/columns/welcome-to-the-yes-but-cycle-of-rate-cuts-124081000017_1.html The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts By Daniel

https://www.thehindubusinessline.com/money-and-banking/banks-increase-mclr-rates-in-response-to-repo-rate-hikes-affecting-loan-and-deposit-rates/article68506565.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-increase-mclr-rates-in-response-to-repo-rate-hikes-affecting-loan-and-deposit-rates/article68506565.ece This comes in the wake of RBI’s rate-setting monetary policy, at its meeting on August 8, keeping the repo rate unchanged at

https://www.thehindubusinessline.com/portfolio/how-top-banks-fared-this-quarter/article68505487.ece Clipped from: https://www.thehindubusinessline.com/portfolio/how-top-banks-fared-this-quarter/article68505487.ece The first quarter of FY25 was not all rosy for banks. While It was a period marked by healthy credit growth on

https://www.thehindubusinessline.com/opinion/travails-of-women-who-are-not-quite-women/article68506673.ece Clipped from: https://www.thehindubusinessline.com/opinion/travails-of-women-who-are-not-quite-women/article68506673.ece It will take India decades before empathy and understanding about transgenders becomes the norm They entered the first class compartment of the

https://www.thehindubusinessline.com/economy/rbi-keeps-repo-rate-steady-amid-food-price-shocks/article68501659.ece Clipped from: https://www.thehindubusinessline.com/economy/rbi-keeps-repo-rate-steady-amid-food-price-shocks/article68501659.ece The RBI’s six-member Monetary Policy Committee (MPC) decided to stay the course, leaving the repo rate as well as the monetary policy

https://www.thehindubusinessline.com/opinion/the-skills-challenge/article68502263.ece lipped from: https://www.thehindubusinessline.com/opinion/the-skills-challenge/article68502263.ece Budget proposals: Implementation holds the key One of the top nine priorities of the Union Budget is employment and skilling. In line

https://www.thehindubusinessline.com/opinion/editorial/not-exactly-a-status-quo-policy/article68502339.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/not-exactly-a-status-quo-policy/article68502339.ece The RBI has explained its food inflation concerns for those who discount them in the context of monetary policy — while flagging

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