MPC decisions [1] About perceived weak consumer demand–RBI Governor responds by saying – urban consumption remains strong and rural consumption has recovered and is gaining –[ so by implication there is no weak consumer demand ] [2] Transmission– between April and February, there is still transmission going on –In January there was 13 basis points of increase in fresh loans. He feels as mobilisation of deposits takes place at higher and higher rates , there will be further transmission in the lending rates. [3] RBI says even going 12 months forward, inflation is not at target While real rates do matter but we need to see that inflation aligns with target that is the primary objective of monetary policy–Courtesy Business Standard

General insurance industry maintains double-digit growth in gross premium in FY24 – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/general-insurance-industry-maintains-double-digit-growth-in-gross-premium-in-fy24/article68043130.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/general-insurance-industry-maintains-double-digit-growth-in-gross-premium-in-fy24/article68043130.ece Gross premium of 25 non-life insurance companies grew 14 per cent at ₹2.45-lakh crore in FY24 The general insurance industry has ended the fiscal

👍👍👍’Women entrepreneurship on the rise but challenges pushing founders into informal sector’ – SME News | The Financial Express

https://www.financialexpress.com/business/sme/women-entrepreneurship-on-the-rise-but-challenges-pushing-founders-into-informal-sector/3448821 Clipped from: https://www.financialexpress.com/business/sme/women-entrepreneurship-on-the-rise-but-challenges-pushing-founders-into-informal-sector/3448821/ While women entrepreneurship is on the rise, female entrepreneurs face a tapestry of challenges, pushing them into the informal sector. Gender biases

CYBERSECURITY READINESS: Are Indian firms prepared to face the looming threats? – Technology News | The Financial Express

https://www.financialexpress.com/life/technology-cybersecurity-readiness-are-indian-firms-prepared-to-face-the-looming-threats-3449512 Clipped from: https://www.financialexpress.com/life/technology-cybersecurity-readiness-are-indian-firms-prepared-to-face-the-looming-threats-3449512/ India Inc. needs to increase cyber budgets & tackle talent shortages Jeetu Patel, EVP & GM, Security and Collaboration, Cisco With THE

👍👍👍Kudos to CBIC for instructions on GST investigations | Expert Views – Business Standard

https://www.business-standard.com/opinion/columns/kudos-to-cbic-for-instructions-on-gst-investigations-124040700659_1.html Clipped from: https://www.business-standard.com/opinion/columns/kudos-to-cbic-for-instructions-on-gst-investigations-124040700659_1.html For issue of summons, prior approval of an officer not below rank of assistant/deputy commissioner must be obtained and relevancy and propriety

Justin Trudeau unveils $1.8 billion package for Canada’s AI sector | World News – Business Standard

https://www.business-standard.com/world-news/justin-trudeau-unveils-1-8-billion-package-for-canada-s-ai-sector-124040800001_1.html Clipped from: https://www.business-standard.com/world-news/justin-trudeau-unveils-1-8-billion-package-for-canada-s-ai-sector-124040800001_1.html The prime minister made the announcement in Montreal, one of a number of AI hubs that has emerged in Canada Canada has

US lawmakers propose new rules to protect personal data, strengthen privacy | World News – Business Standard

https://www.business-standard.com/world-news/us-lawmakers-propose-new-rules-to-protect-personal-data-strengthen-privacy-124040800014_1.html Clipped from: https://www.business-standard.com/world-news/us-lawmakers-propose-new-rules-to-protect-personal-data-strengthen-privacy-124040800014_1.html While the proposal has not been formally introduced and remains in draft form, the bipartisan support suggests the bill could get serious

Many cancer drugs remain unproven 5 yrs after accelerated approval: Study | World News – Business Standard

https://www.business-standard.com/world-news/many-cancer-drugs-remain-unproven-5-yrs-after-accelerated-approval-study-124040800004_1.html Clipped from: https://www.business-standard.com/world-news/many-cancer-drugs-remain-unproven-5-yrs-after-accelerated-approval-study-124040800004_1.html In a new study, researchers found that most cancer drugs granted accelerated approval do not demonstrate such benefits within five years It’s

Raising millions over a cup of coffee – The Hindu BusinessLine

https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/raising-millions-over-a-cup-of-coffee/article68039220.ece Clipped from: https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/raising-millions-over-a-cup-of-coffee/article68039220.ece The beverage of choice at cafes mushrooming in metros and small towns alike is proving a strong draw for VC investments too

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