https://www.thehindubusinessline.com/companies/rbi-allows-fpis-to-reclassify-investments-above-the-prescribed-limit-in-a-company-as-fdi/article68856458.ece Clipped from: https://www.thehindubusinessline.com/companies/rbi-allows-fpis-to-reclassify-investments-above-the-prescribed-limit-in-a-company-as-fdi/article68856458.ece Move aimed at enhancing the ease of doing business, streamlining compliance and attracting foreign investments The Reserve Bank of India (RBI) has allowed foreign portfolio
Category: RBI–Banks
👌Shocker to economy: Costlier veggies drive Oct inflation to 14-month high – The Hindu BusinessLine
The persisting rise in vegetable prices dealt a body blow to headline retail inflation with the Consumer Price Index (CPI) surging to a 14-month high
👌👌👌Overstating food inflation The CPI uptick is traced to food inflation which has a 40% weightage in the index
Read more at: https://www.deccanherald.com/opinion/overstating-food-inflation-3267236 Clipped from: https://www.deccanherald.com/opinion/overstating-food-inflation-3267236 On October 9, the Reserve Bank of India (RBI) Governor Shaktikanta Das announced the decisions taken by the six-member Monetary
Govt hopeful of meeting capital expenditure target for FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-hopeful-of-meeting-capital-expenditure-target-for-fy25/article68856204.ece big push. Aims to meet ₹11.11 lakh crore capex target, may relax cash management norms in Jan-March quarter The government is optimistic of meeting
👌Fed’s future path: Donald Trump’s election victory increases uncertainty | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/fed-s-future-path-donald-trump-s-election-victory-increases-uncertainty-124111000609_1.html Higher tariffs and tax cuts will benefit American companies but will increase inflation and the Budget deficit. This explains the different positions of
👌Forcible repossession by lenders is illegal; file police complaint
Clipped from: https://www.business-standard.com/opinion/columns/forcible-repossession-by-lenders-is-illegal-file-police-complaint-124111100003_1.html The National Commission observed that Singh had admittedly defaulted in payment, but there was no evidence to prove that the bank had served
👌TReDS: Govt reduces turnover threshold to Rs 250 cr to get more companies on invoice discounting platform – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-treds-govt-reduces-turnover-threshold-to-rs-250-cr-to-get-more-companies-on-rbi-invoice-discounting-platform-3659670/ “The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry said in a
👌👌👌European banking industry braces for tougher competition under Trump 2.0 | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/european-banking-industry-braces-for-tougher-competition-under-trump-2-0-124110801765_1.html JPMorgan, Goldman Sachs and Morgan Stanley shares all soared while the STOXX Europe 600 Banks index is down more than 1% for the
👌👌👌👌👌Credit on UPI – Can you get credit against your UPI account? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bl-explainer-credit-on-upi-can-you-get-credit-against-your-upi-account/article68204267.ece The introduction of credit on UPI integrates credit into the UPI ecosystem, thus making payments an organic distribution channel of easy and ready
👌👌👌👌👌Policy approach: How RBI is taking a selective and cautious stance
Clipped from: https://www.business-standard.com/opinion/editorial/policy-approach-how-rbi-is-taking-a-selective-and-cautious-stance-124110701932_1.html In the context of US elections and possible uncertainty, Mr Das said the Indian economy and the financial sector were well placed to
👌👌👌👌👌Trump’s plan of 10% import tariff likely a point for negotiation: S&P | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/trump-s-plan-of-10-import-tariff-likely-a-point-for-negotiation-s-p-124110701958_1.html Tariffs are unlikely to be imposed at those levels, but were Trump to follow though, the universal 10 per cent tariff could add
👌👌👌👌👌Central banks have the last laugh: Inflation tamed without a recession
Clipped from: https://www.business-standard.com/opinion/columns/central-banks-have-the-last-laugh-inflation-tamed-without-a-recession-124110701960_1.html The Fed commenced tightening from mid-March 2022, with a 25 basis points (bps) increase in the policy rate. By June 2022, the policy
👌More checks, balances needed to curb fraud, say experts | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/bs-bfsi-summit-more-checks-and-balances-needed-to-curb-frauds-say-experts-124110701924_1.html Payment and security experts explain widespread scams, bat for better cooperation and education Photo: Kamlesh Pednekar Listen to This Article India’s digital platforms
👌Federal Reserve cuts key interest rate by 25 bps to support economy | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/federal-reserve-cuts-rates-for-second-straight-meeting-to-support-economy-124110800032_1.html Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut
👌👌👌👌👌Fear in people main factor behind cyberfraud, says SBI’s Chugh | Business Standard
Clipped from: https://www.business-standard.com/finance/news/bs-bfsi-summit-fear-key-factor-in-cyber-frauds-says-sbi-s-nitin-chugh-124110701849_1.html In cybersecurity, social engineering refers to manipulating a victim to gain control over a computer system or steal personal and financial information Fear
👌👌👌How Trump policies may impact Indian stocks, dollar, bond yields & RBI rate decisions – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/how-trump-policies-may-impact-indian-stocks-dollar-bond-yields-rbi-rate-decisions-452830-2024-11-07 Domestic stock valuations are quite elevated, and the earnings momentum is weakening. A rise in bond yields or weakness in global trade would
👌👌👌👌👌NBFCs’ credit woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/nbfcs-credit-woes/article68837803.ece Their risk management systems must improve Non-banking finance companies (NBFCs) are increasingly disseminating credit and financial services to underserved/unserved segments of the economy.
👌👌👌👌👌Growth matters more than inflation now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/growth-matters-more-than-inflation-now/article68837646.ece The global post-Covid fight against inflation is over, while India’s growth has slipped. It’s time for the RBI to take stock Rapid-fire inflation
👌India Inc sends mixed signals on H2 FY25 capital expenditure path | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-inc-sends-mixed-signals-on-h2-fy25-capital-expenditure-path-124110401044_1.html Minutes from the October MPC show the RBI’s optimism about private investments picking up Listen to This Article After subdued earnings in the
👌SC on liability of banker for allowing operation of locker restrained by Income Tax Department
Clipped from: https://taxguru.in/income-tax/sc-liability-banker-allowing-operation-locker-restrained-income-tax-department.html HDFC Bank Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Whether a banker can be held liable for erroneously allowing locker