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Editorial. Liberal norms in GIFT City, the right way forward

Will not only boost the primary market activity in the GIFT IFSC but will also enable GIFT City to effectively compete with other international financial jurisdictions




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Editorial. Incentives for vehicle scrappage need to be better

The 2021 scheme spoke of a 5 per cent discount by OEMs which has now been cut sharply, with caveats that it would be applicable only on select models, and for one or two years




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Editorial. Gig workers’ e-shram enrolment must be stepped up

Their dual identity as entrepreneurs and workers gives rise to the apprehension that they may miss out on social security benefits




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Editorial. Caveat investor

Retail investors should be allowed to learn from experience




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Editorial. SEBI’s take on household financial savings clears the air

SEBI has calculated net primary and secondary market investment in equity and debt based on actual data at its disposal




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Editorial. Sort out FPO problems before trying to scale up

The policy confusion over FPOs needs to be cleared




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Editorial. Agri Stack can be transformative, but implementation will be a challenge

Land records remain contested, despite over 90 per cent digitisation. Concerns over data theft and cyber fraud cannot be disregarded




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Editorial. End compensation cess

States can benefit from GST rate rationalisation




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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




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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




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Editorial. Senior cover

PM-JAY will need tweaks to deliver geriatric care




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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




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Editorial. Solar strategies

Latest investment plans are a long-term bet




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Editorial. Fed cuts loose

US rate cut positive for financial markets, flows




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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




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Editorial. New era in Sri Lanka

Dissanayake as President symbolises a fresh start




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Kings and queens

India stamps its authority on the global chess stage




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Editorial. Losing aroma

Time to loosen export curbs on Indian rice




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Editorial. Advantage consumer

Quick commerce is hardly anti-competitive




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Editorial. Labour pains

PLFS data show worrying trends in job quality




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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




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Editorial. Green games

EU Deforestation Regulation should be resisted




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Editorial. Escalation of West Asia conflict could hurt India

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




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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




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

BJP wins in Haryana for third successive time




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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




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

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




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

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




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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




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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




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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




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Editorial. Green truths

Greenwashing guidelines good, but could be sharper




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Editorial. Tax truths

Direct tax base should be widened




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Editorial. IT’s uncertain

IT majors continue facing growth challenges




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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




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Editorial. Reimagining FTAs

Conceptual clarity essential for trade negotiations




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IndusInd Bank Q2 PAT tanks 40 per cent on higher provisions, bad loans

NIM moderates as deposits outpace credit growth



  • Money & Banking

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RBI slams high-cost lending, calls for affordable credit from Microfinance Institutions

MFIs should not justify steep rates with access issues, says Jayant Kr Dash, Executive Director; Senior RBI official suggests Blended Finance could hold some answer for this issue



  • Money & Banking

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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

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PNB Housing Finance Q2 net up 22.7 per cent at ₹470 crore 

The portfolio asset quality continues to improve with Gross NPA at 1.24 percent as on end September 2024



  • Money & Banking

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RBI approves third term for Axis Bank MD, CEO Amitabh Chaudhry

Before joining Axis Bank, Chaudhry was leading HDFC Life



  • Money & Banking

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Govt can waive off GST on health cover, step up focus on insurance penetration: FGII CEO Anup Rau

Removing GST on health insurance would make it more affordable, driving higher penetration and reducing the government’s burden



  • Money & Banking

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Bank of Baroda reports 23% increase in Q2FY25 net profit at ₹5,238 cr

BoB had reported a net profit of Rs ₹4,253 crore in the year ago quarter (Q2FY24)



  • Money & Banking

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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

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IDBI Bank’s Q2FY25 net profit up 39% at ₹1,836 cr

The private sector lender had reported a net profit of ₹1,323 crore in the year ago quarter



  • Money & Banking

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Cholamandalam Investment posts 26% rise in Q2 net at ₹963 crore

Murugappa Group’s NBFC, Cholamandalam Investment & Finance Co Ltd, reported a strong double-digit growth across key metrics in the September quarter and the first half of this fiscal year. Net income for Q2 surged 37 per cent y-o-y to ₹3,238 crore, up from ₹2,367 crore.



  • Money & Banking

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Indian banks increased their overseas presence during 2023-24 : RBI Survey

During the year, the number of branches and employees of foreign banks in India also expanded by 0.6 per cent and 1.4 per cent, respectively



  • Money & Banking

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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

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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

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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