A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Facebook’s Libra clearly demonstrates a demand for cheaper and faster global payments service. RBI must accelerate its research on payment methods to serve this demand.
RBI was forced to step in after Yes Bank’s latest effort to raise new capital failed to materialise and the lender ‘was facing regular outflow of liquidity’.
Canada-based economics professor's study finds that on the cost side, there is strong evidence that demonetisation reduced employment, especially in informal sector.
RBI could deploy some of the forex stockpile to steady the rupee, which has tumbled more than 2% over the past week as more coronavirus cases are detected.
RBI Governor Shaktikanta Das says India has option of a rate cut & supporting the market through liquidity measures to shield economy from coronavirus.
RBI says it stands ready to take appropriate actions to ensure orderly functioning of financial markets, maintain market confidence & preserve financial stability.
Airshows are thrilling spectacles of aviation skill and engineering marvels. But they carry inherent risks as the crew is pushing the aircraft, and themselves, to perform at the edges of the envelope.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
COMMENTS