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Monday, May 6, 2024
TopicSBICap

Topic: SBICap

SC approves SBICAP’s proposal to fund 6 stalled projects of Amrapali Group

The SBICAP, which manages the govt sponsored stress fund for real estate sector, had proposed to provide Rs 625 Crore for construction of these six projects.

Consumer gloom seen dimming India’s festive cheer despite tax cuts

Slowest growth in 6 years, unemployment at 45-year high & tepid private consumption is expected to push festive sales below levels of recent years.

Weak India industries prompt calls for RBI to downgrade growth

The RBI needs to cut its growth projection for the year ending March closer to 7 percent from 7.4 percent, according to SBICap.

On Camera

AI is doing the brave work humans are still squeamish about—using they/them pronouns

The hullaballoo over LinkedIn bot’s pronoun use comes on a day when CJI DY Chandrachud used the phrase ‘pregnant person’ in his judgment. It is a thing now. Get with the programme.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members

The ICG said in a statement that the boat was seized and brought to Kochi for further investigation on May 6.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.