Bloomberg writes on the polls in four states & the challenges confronting Indian economy. FT focuses on the power struggles in Tata leadership post Ratan Tata's death in Oct 2024.
The central bank has rolled out some of its toughest measures in more than a decade to curb speculation & support the currency, which has been setting successive record lows this year.
The rules now take effect on 1 July instead of 1 April, the Reserve Bank of India said. New rules may raise cost of raising capital for proprietary trading firms & squeeze profits.
RBI's new rules, effective 10 April, cap open positions banks can hold in onshore currency market at $100 mn at end of each trading day. Change forces lenders to shrink their books.
Global media also reports on RBI's battle to protect the rupee from the Iran war fallout; shocks to India's macroeconomics and cooking gas sectors; and how the CBFC blocked an Oscar-nominated film.
For too long, sales misconduct has been treated as an operational issue created by overzealous relationship managers. The elevation of the issue to the board level signifies that mis-selling is a governance failure.
Committee on Petitions flags disproportionate charges, even as RBI allows penalties. Collectively, banks amassed a staggering Rs 28495 crore in the past 5 years as MAB charges.
REITs, which own and operate income-generating office parks, malls and warehouses, are emerging as a key route for institutional capital to access property market.
From Messi to Ronaldo, the Champions League has been a stage to display brilliance. This year, the midfield reclaimed its status as a facilitator of the game.
Despite damage to key Russian oil infrastructure by Ukrainian drone strikes in March, International Energy Agency data shows Russia’s earnings in March were highest for any month since January 2024.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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