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FINANCIAL SECTOR RESILIENCE
FSDC stresses on vigilance, reforms amid global uncertainty & AI boomFinance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining fi...
RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economyIndia's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures hav...
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: GovernorRBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measure...
JSW Steel Q2 Results: Net profit rockets 225% YoY to Rs 5,279 crore; revenue rises 21%JSW Steel Q2 Results: JSW Steel reported a 225% year-on-year jump in Q2 FY27 net profit to Rs 5,279 crore, while revenue rose 21% to Rs 54,...
Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...
Global Market: Bank of Korea holds interest rates at 3% after back-to-back hikesThe Bank of Korea kept its benchmark interest rate unchanged at 3.00% on Thursday, pausing after back-to-back 25-basis-point hikes in July ...
Why sovereign AI is critical to India’s next growth leap?India has already created considerable momentum. The priority now is to connect government initiatives, industry investments, academic rese...
Europe's financial regulators query Google over cloud outage that hit banksThe European Banking Authority said that it has been in contact with Google Cloud to obtain further information on the incident, understand...
PSBs step up AI adoption, cyber resilience under EASE₹ise 8.0 reformsPublic sector banks in India are focusing on adopting artificial intelligence and enhancing cyber security measures. They are modernizing t...
India’s growth story needs jobs to match the numbers, says ex-RBI Governor D SubbaraoFormer RBI Governor D Subbarao has said India must make economic growth more employment-intensive, warning that rapid output expansion alon...
CAS swings: Nifty’s indicative price jumps 500 points in seconds, closes higher than pre-CAS levelThe Indian stock market experienced notable volatility during the closing auction, marked by a steep selloff that wiped out more than Rs 8 ...
Disability, elderly care likely to qualify for CSR spendingCompanies need to comply with CSR obligations if they have a net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or a net pr...
NABVENTURES plans Rs 30-70 crore bets on growth-stage firms in Fund IINABVENTURES aims to invest ₹30-70 crore per company in agriculture, rural financial services, and climate solutions. The venture capital ar...
NBFC stocks in focus: Rising funding costs threaten margins despite robust loan growth and asset qualityThe non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset qual...
IMF and World Bank meetings leave developing countries with more questions than answersThe recent discussions at the International Monetary Fund and World Bank left developing nations feeling uncertain about their futures. Del...
Sitharaman, JBIC chief discuss clean energy, critical minerals and supply chainsFinance Minister Nirmala Sitharaman recently met with JBIC Governor Kazuhiko Amakawa to discuss collaboration. They focused on clean energy...
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...