to

Editorial. End compensation cess

States can benefit from GST rate rationalisation




to

Editorial. Vacuous Trump-Harris debate, bad news for world

The debate was meant to be about what should really matter to Americans. And it revealed in stark relief the paucity of political talent and ideas in the US




to

Editorial. A big deal

New competition rules for M&A are pragmatic




to

Editorial. E-DRIVE incentive for EVs falls short

The incentives for all private vehicles are lower than under the five-year FAME 2 scheme which came to a close this April




to

Editorial. Senior cover

PM-JAY will need tweaks to deliver geriatric care




to

Editorial. Loose ends in SEBI’s colo scam and other probes

There are multiple instances of SEBI’s orders being overturned by SAT, displaying lack of rigour in its investigation




to

Editorial. Solar strategies

Latest investment plans are a long-term bet




to

Editorial. Fed cuts loose

US rate cut positive for financial markets, flows




to

Editorial. Edible oil tariffs must balance farmer, consumer needs

Curbs on edible oil exports must be relaxed so that farmers have the freedom to capitalise on global market opportunities, just as consumers benefit from cheap imports




to

Editorial. New era in Sri Lanka

Dissanayake as President symbolises a fresh start




to

Editorial. Pat on the back

FATF endorses India’s efforts, but the job’s not done yet




to

Editorial. Losing aroma

Time to loosen export curbs on Indian rice




to

Editorial. Advantage consumer

Quick commerce is hardly anti-competitive




to

Editorial. Labour pains

PLFS data show worrying trends in job quality




to

Editorial. More action needed against substandard, spurious drugs

Industry bodies should take the lead to protect the image of a sector that has at least 10,000 units and a market size of about $50 billion, growing in double digits




to

Editorial. Right option

Curbs on equity derivatives welcome




to

Editorial. Valley of hope

Kashmir’s heartening turn towards electoral politics




to

Editorial. Green games

EU Deforestation Regulation should be resisted




to

Editorial. Churn in Haryana

BJP defends its 10-year rule against a resurgent Congress




to

Editorial. Escalation of West Asia conflict could hurt India

In August this year, petroleum exports fell 37 per cent to $5.95 billion




to

Editorial. RBI’s diktat on sharp lending practices in gold loans welcome

Non-compliance by lenders must be strictly dealt with by the central bank




to

Editorial. BJP’s remarkable show in Haryana; NC wrests J&K  

BJP wins in Haryana for third successive time




to

Editorial. Behind the curve

MPC is taking too sanguine a view on growth




to

Editorial. Holding to account

ICAI should accept NFRA’s view on group audits




to

Editorial. Farm price support should go beyond procurement

Bhavantar can work well in tandem with e-NAM which improves price realisation. This can reduce the Bhavantar outgo




to

Editorial. More disclosures needed in SEBI ‘direct plan’ push

The dashboards on AMCs’ websites should feature data on direct plans, not just regular ones




to

Editorial. Economics Nobel winners examine the role of institutions in growth

The three awardees regard social institutions as being less important than state institutions




to

Editorial. Monetary policy can’t quell stubborn food inflation

Monetary policy cannot do very much to control food inflation, given that it is caused by supply bottlenecks rather than increase in demand




to

Editorial. China market stimulus may not impact India’s FPI flows

While foreign funds may be buying Chinese equity for the short-term, the Indian market offers better returns for long-term investors




to

Editorial. Satcom can complement telecom services in remote areas

Tech advancements have made it possible for satcom players to offer seamless broadband connectivity directly to the users’ smartphones, bypassing traditional cell towers




to

Editorial. Green truths

Greenwashing guidelines good, but could be sharper




to

Editorial. Tax truths

Direct tax base should be widened




to

Editorial. IT’s uncertain

IT majors continue facing growth challenges




to

Editorial. RBI right in reining in usurious micro lending

But sudden ‘cease and desist’ orders can also affect the bond markets from where NBFCs raise funds




to

Editorial. Reimagining FTAs

Conceptual clarity essential for trade negotiations




to

Suryoday Small Finance Bank’s net profit dips 10% in Q2FY25 to ₹45 cr

Net interest margin rose to 9.7 per cent in Q2FY25 against 9.4 per cent in Q2FY24



  • Money & Banking

to

Bank of Baroda likely to report 5% YoY net profit growth in Q2FY25

Analysts from PL Capital and Axis Capital estimate a slowdown in loan growth to 12%, down from 19% in the previous year, and a dip in deposit growth to 9% from 15%



  • Money & Banking

to

PNB Housing Finance to expand corporate lending portfolio to boost margins, says MD & CEO Kousgi

Confident of sustaining Q2 bottomline growth performance in remaining quarters this fiscal 



  • Money & Banking

to

Shriram Finance PAT up 18 per cent; announces 1:5 stock split

The vehicle finance focused NBFC also announced a 1-to-5 stock split, along with a dividend of ₹ 22 per share today



  • Money & Banking

to

Yes Bank Q2 Results: Net profit surges 145% year-on-year to ₹553 crore, with NII rising 14%

Yes Bank’s standalone net profit more than doubled to ₹5.53 billion for the financial second quarter from ₹2.25 billion in the same period a year earlier



  • Money & Banking

to

ICICI Bank Q2 PAT rises 15% to ₹11,746 crore on strong core income growth

NIM moderated 9 basis points sequentially to 4.27 per cent on higher cost of funds



  • Money & Banking

to

YES Bank Q2 Results: PAT more than doubles on stable income; CEO says can be ‘right time’ to acquire MFI

YES Bank targets 17-18% deposit growth, loan growth of 13-14% in FY25; CEO Prashant Kumar says this can be the ‘right time’ to acquire an MFI



  • Money & Banking

to

Cholamandalam MS General Insurance H1 Results: PBT jumps 60% to ₹350 crore

Chola MS reports an 11.6% Y-o-Y rise in GWP to ₹4,136 crore in H1 FY25; MD V Suryanarayanan says focus on profitable growth continues to drive performance



  • Money & Banking

to

RBI asks NBFCs to maintain at least 25% borrowings from capital market

Move will lead to lower reliance on bank borrowing



  • Money & Banking

to

bl interview. After recognising MFI pain, profitability to improve in H2FY25: IDFC First Bank MD

Deposit to continue growing faster than credit in H2FY25



  • Money & Banking

to

UPI transactions could double to 1 billion per day in the next few months: RBI Guv Das

RBI is in no great hurry to immediately announce a nationwide rollout of the central bank digital currency (CBDC)



  • Money & Banking

to

RBI grants online payments aggregator license to Jio Financial arm JSPL

Jio Financial, helmed by veteran banker K.V. Kamath, already runs a shadow bank and an insurance brokerage and has joined forces with BlackRock Inc. to start an asset management business



  • Money & Banking

to

Canara Bank beats estimate, reports 11% growth in net profit to ₹4,014 crore in Q2FY24

Global deposits were ₹13,47,347 crore, up by 9.34 percent, while gross advances reached ₹10,11,997 crore growing by 9.53%



  • Money & Banking

to

City Union Bank to launch new retail products in Q4, eyes growth in FY26

To focus on secured loan products



  • Money & Banking

to

PNB bets big on Phygital strategy to drive 20-30% business growth

With a 10,000-branch network, MD & CEO Goel eyes significant growth opportunities to expand business and scale new heights.



  • Money & Banking