MUMBAI: The Reserve Bank of India is unlikely to either raise or cut the repo rate during the rest of FY27 and is expected to maintain status quo at 5.25 per cent, according to a report by India Ratings and Research, which said inflation is likely to remain within...
MUMBAI: To ensure greater consistency with the Basel Pillar 3 disclosure requirements, the Reserve Bank of India (RBI) on Tuesday released draft norms on commercial banks’ capital adequacy with the aim of reducing information asymmetry and promoting comparability of banks’ risk profiles. “Pillar 3 of the Basel Framework aims...
NEW DELHI: To avoid delays in the appointment of insolvency professionals (IPs) during the bankruptcy process, the government has come out with a fresh set of guidelines that mandate Insolvency and Bankruptcy Board of India (IBBI) to define the eligibility criteria for the IPs besides preparing a panel of...
By Dr. Gyan Pathak Despite several orders and recommendations of the Supreme Court and the Parliamentary Standing Committee, the Union Government did not structurally reform the National Testing Agency (NTA), and also did not take appropriate actions that helped the education mafia of the country to strengthen its grip...
By T N Ashok India’s stock markets have seen panic before. They have survived wars, sanctions, pandemics, banking collapses and political earthquakes. But the latest selloff triggered by the Iran-linked oil shock has exposed something far deeper and more structural inside Asia’s third-largest economy: India’s extraordinary vulnerability to imported...
By Asad Mirza The United States and Iran appear locked between diplomacy and military escalation as tensions over the Strait of Hormuz intensify. While President Donald Trump has temporarily postponed military action following pressure from Gulf allies, Tehran is simultaneously advancing new proposals on nuclear talks and unveiling a...
By Ashok Nilakantan Ayers NEW YORK: For years, Pakistan’s political class has lived inside a hall of mirrors — where conspiracy theories become national doctrine, where whispers from Rawalpindi travel faster than court judgments, and where the line between reality and manufactured narrative has almost entirely collapsed. Into that...
By Satyaki Chakraborty In a significant development in the sphere of India-China economic cooperation, China has offered its assistance to India in dealing its energy security challenge in the context of the present US war in Iran and crisis in oil shipping through the Strait of Hormuz. IN a...
By Dr Arun Mitra It is deeply painful to witness the defeat of Left and Democratic Front (LDF), the only government led by the communists in the state of Kerala. Even more distressing is the growing marginalisation of the voice that has consistently spoken for the downtrodden — the...
By Indrani Chakraborty Peru, a nation of Latin America will be holding Presidential face off polls on June 7 after the first round of polls held in April this year failed to give majority to any of the contesting candidates. Peruvian election authority announced finally that Keiko Fujimori with...
NEW DELHI: Capital expenditure growth by Corporate India could moderate sharply to just around 4% annually over the next two years, Moody’s Ratings said in a report on Monday, signalling a further delay in the long-awaited investment cycle and a serious blow to the country’s medium-term economic growth. Between...
GOTHENBURG/NEW DELHI: Asserting that India’s “reform express” is going at full speed, Prime Minister Narendra Modi on Sunday asked Swedish companies to enhance their presence in manufacturing, green hydrogen mission, clean energy and other sectors. Wooing European companies, Modi highlighted the potential in five broad areas, including telecom and...
BHUBANESWAR: India’s financial ecosystem is becoming increasingly resilient, driven by disciplined domestic investors, regulatory reforms and expanding participation from smaller cities and states, Securities and Exchange Board of India (Sebi) Chairman, Tuhin Kanta Pandey, said on Monday. The West Asia crisis has undoubtedly created global economic uncertainty, he said....
NEW DELHI: India could emerge as a $7 billion contract manufacturing hub for global medical device companies by 2035, as multinational firms diversify supply chains beyond China and India deepens its domestic manufacturing ecosystem, according to a report by Boston Consulting Group (BCG), the Association of Indian Medical Device...
NEW DELHI: India’s lithium imports have surged more than ten-fold in eight years, reflecting the rapid expansion of the electric vehicle (EV) market and rising demand for battery storage, even as domestic manufacturing capacity continues to lag behind consumption growth. According to data from the ministry of commerce and...
By Nantoo Banerjee India’s continuous hesitancy to curb the retail oil consumption pattern despite a worldwide surge in fuel prices is inexplicable, if not unacceptable. The government, the biggest benefactor of large domestic fuel use by way of imposition of levies close to 50 percent of the retail oil...
By Dr. Gyan Pathak Though the April retail inflation based on Consumer Price Index (CPI) rose only a little to 3.48 per cent from the March inflation 3.40, and year on year food inflation based on Consumer Food Price Index to 4.20 per cent from 3.87, which is still...
By Kalyani Shankar The Congress Party faced major challenges within its ranks while choosing the Chief Minister of Kerala, a process that took 11 days and was crucial in settling disagreements among various party groups, demonstrating the importance of internal consensus for unity. VD Satheesan was chosen despite intense...