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CORPORATE GOVERNANCE
Gen Z props up Delhi's hostel business as hotels miss corporate travellers amid internet shutdowns, traffic curbsThe ongoing student protests in Delhi are disrupting travel and hospitality, with backpacker hostels reporting a surge in Gen Z bookings wh...- Bank credit growth eases to 17.7% in fortnight to July 15Bank credit growth saw a slight deceleration to 17.7 percent year-on-year. Deposit growth also moderated to 12.7 percent in the same period...
- Quote of the day by John Neff: "When you get to these frenzied markets, it drives managements or portions of managements to hanky-panky"John Neff warned that market euphoria often encourages poor corporate decision-making. Excessive optimism can pressure executives into ques...
- Government links payments to skill centres with jobsThe Skill Development Ministry is linking payments to training providers to candidate placement. A ₹530-crore Skills Outcome Fund will ince...
- Govt revamps housing ministry with two new departmentsThe Ministry of Housing and Urban Affairs has been reorganized into two distinct departments. The Department of Capital Development will ma...
- CJP exposed; Rahul Gandhi, Kejriwal instigating students: Delhi BJPDelhi BJP president Harsh Malhotra accused opposition leaders of instigating student protests. He claimed the Cockroach Janta Party's polit...
- IDFC First Bankscam: CBI searches in Chandigarh, LudhianaThe CBI conducted searches in Chandigarh and Ludhiana concerning a Rs 657 crore fund misappropriation. These searches targeted beneficiarie...
- US Stock Market: Tesla-SpaceX merger speculation grows after Musk leaves door openSpeculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combining his companies during an earnings...
- House panel seeks time up to Aug 13 to submit report on corporate laws billA joint parliamentary committee has requested more time to review the Corporate Laws Amendment Bill. This extension means the bill's presen...
- Borrowing costs in bond market may rise as upside risks to India's 10-year bond yield persist: BoB ReportExpect an uptick in borrowing costs within India's bond market as uncertainties loom large. The 10-year government bond yield remains under...
- These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in t...
- Bengal CM blames previous TMC govt for loss of Europe air links, mounting debt on state's economyWest Bengal's Chief Minister blamed the prior administration for lost air connectivity and state debt. His government plans to rejuvenate t...
- India's ethanol mission sees state-run fuel firms spend Rs 1.72 lakh crorePublic Sector OMCs spent over Rs 48,000 crore on ethanol procurement in ESY 2023-24. They procured Rs 73,996 crore worth of ethanol during ...
- India's private banks draw thinner margins on tepid credit growthTop private sector banks reported weaker net interest margins (NIMs) in the June quarter as sluggish retail loan demand pushed them towards...
- Corporate loan growth outpaces retail advances at top private banksCorporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail cred...
- Bengaluru elections: SC allows time till December end, CM DK Shivakumar rules out any more extensionsThe Supreme Court has allowed the Karnataka government to hold elections to Bengaluru's five newly created city corporations in December, e...
- UK's Andy Burnham takes small-town regeneration to the national stage as PMAndy Burnham plans to revitalize UK town centers with public and private investment. He aims to pump-prime housing and transport to attract...
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
- US Stock Market: SEC tightens disclosure rules for activist investors, raising transparency barThe US SEC has tightened disclosure rules for activist investors, requiring greater transparency around client identities in key regulatory...
- HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questionsHDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed C...
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