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Specs stopped selling smartphones. Intelligence is the new benchmark - A breakdown of Google I/O and Apple’s WWDC 2026Smartphones are evolving beyond just hardware. Companies like Google and Apple are now prioritizing artificial intelligence. This means pho...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
Dharavi Redevelopment: Upper-floor home rehab hinges on ground-floor eligibilityUpper-floor residents in the Dharavi redevelopment project may face eligibility challenges, as their rehabilitation depends partly on wheth...
Net sales of non-financial private companies rise 11.4% in FY25: RBI dataThe Reserve Bank's recent statistics reveal that net sales for non-financial private firms surged by 11.4 percent in 2024-25. This reflects...
AI without safeguards can amplify existing weaknesses in financial sector: RBI deputy governorReserve Bank Deputy Governor Swaminathan J cautioned about AI in finance, saying that without proper safeguards, AI adoption can worsen exi...
RBI move may push govt NBFCs into Upper-Layer NBFC categoryThe Reserve Bank of India is proposing new rules for classifying large financial companies. State-owned firms like Power Finance Corp and R...
RBI initiates review of scale-based regulation for NBFCs amid growing systemic roleThe Reserve Bank of India is reviewing its scale-based regulation for non-bank lenders. This framework categorizes these companies by their...
Tata Sons charting new path to sidestep Dalal StreetTata Sons net debt as of September last year was ₹15,200 crore, according to rating company Crisil. Tata Sons has substantial, stable incom...
Tata Capital may launch IPO in 2025, seek Jio Financial-like valuation: ReportAs per the RBI guidelines, an ‘upper-layer’ NBFC must list within three years of being notified. On September 14, 2023, the Reserve Bank of...
Tata Sons may explore options, including an IPO, to avoid upper-layer NBFC tagTata Sons, led by chairman N Chandrasekaran, had explored the possibility of getting an exemption from the RBI, which first issued the list...
Reserve Bank asks NBFCs to implement core financial services solution by Sep 2025In a circular, Reserve Bank of India (RBI) said it has been decided that NBFCs - Middle Layer and NBFCs - Upper Layer with 10 and more 'fix...
Centre cites Sinho Panel creamy layer note to defend EWS income cap in Supreme CourtIn a 15-page affidavit filed on Tuesday - after the Supreme Court (SC) questioned the logic behind arriving at the annual income ceiling of...
Centre justifies in SC limit of Rs 8 lakh annual income fixed for determining EWS category for reservation in NEETThe Centre Tuesday justified before the Supreme Court its decision to set the limit of Rs 8 lakh annual income fixed for determining the Ec...
RBI caps NBFC IPO funding at Rs one crore per borrower from FY23New central bank rules might reduce the quantum of funds available with high networth investors (HNI) for bidding in IPOs. Leveraged biddin...
RBI introduces new rules for NBFCs, caps IPO financingA traditional practice of borrowing money to invest in IPOs and exit through first-day listing gains will likely cease beginning next fisca...
- Raising OBC income for quota to be challenged
UPA govt's decision to raise income ceiling for creamy layer from Rs 2.5 lakh to Rs 4.5 lakh per annum, to accommodate more OBCs for reserv...