'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'
'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
Recalling Singh as a very humble person, Kumar said, "Dr Singh used to live here. I was a child when his family shifted out. It was a very nice family." The house where the Singh family lived is in a dilapidated state now as no one stays there since they moved out a long time ago, Kumar said.
Former UK Prime Minister Rishi Sunak has taken on new academic roles at the University of Oxford and Stanford University, both alma maters of the Conservative Party member of Parliament. Sunak will join Oxford's Blavatnik School of Government as a member of the World Leaders Circle and a Distinguished Fellow, while at Stanford, he will be the William C Edwards Distinguished Visiting Fellow at the Hoover Institution. Sunak expressed his enthusiasm for contributing to both institutions, highlighting their leading research in global challenges, economic policy, and technological advancements. He emphasized the significance of his education at both universities in shaping his life and career. The appointments have been welcomed by both institutions, with leaders praising Sunak's expertise and experience in global affairs and economic policy.
'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'
If it was Andhra Pradesh last Budget, it's poll-bound Bihar that has now turned to Centre with a list of demands. How the NDA government is delivering on promises.
Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.
With rising disposable incomes in cities beyond metros, the penetration of credit cards - and consequently, credit card spending - is growing at a much faster pace than in traditional metro cities, primarily driven by e-commerce spending.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
'We give them problems so that they can come up with solutions using the technological skills they have learnt.' 'In fact, changemaking and problem solving are interchangeable, in a way.'
Home appliance maker Crompton Greaves Consumer Electricals reported better than expected performance in the second quarter (Q2) of 2024-25 (FY25), outperforming peers due to a strong showing in the electrical consumer durables (ECD) segment. The company's standalone sales rose by 10.5 per cent, while the ECD segment continued its growth momentum with a 12.5 per cent increase in revenues, driven by volume and pricing gains.
'We will be very, very proactive in providing whatever liquidity requirements are needed.'
Finance Minister Nirmala Sitharaman on Friday asked private sector companies to clear dues to small businesses within 45 days and admitted that the central departments and enterprises are also not making payments to them on time. She conceded that the Centre, states and state-owned enterprises too have outstanding dues to micro, small and medium enterprises (MSMEs). The minister said that at a meeting with big businesses here two days ago, she had appealed to them to ensure that the dues of small businesses, who are the backbone of the economy, are cleared on time.
Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.
Unemployment rate in US soared to a 26-year high of 9.8 per cent in September as 263,000 jobs were lost last month.
Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive space.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.
'We have seen something do very well when the times are good but maybe not as well when the times are bad.'
Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.
Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.
Beau Webster believes playing against India pacer Jasprit Bumrah will be an enormous challenge for the Australian pacers on the seamer-friendly SCG pitch.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
'Our fractured world has been embroiled in wars and hatred, and many sessions reflect these concerns.'
'As the city grows, so do its fire incidents.'
The rhetoric by politicians, labour unions and media against outsourcing of jobs to countries like India is having the opposite effect, as the campaign has opened the eyes of small businesses to the possibilities of offshoring.
Increased competition during the economic downturn is a key concern for small business owners, according to a survey by the small enterprise research team at the Open University Business School.
'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
'Communist China continues to aggressively expand its domain in the Indo-Pacific region.' 'It's crucial for the USA to continue its support in countering these malicious tactics.' 'India, along with other nations in the region, is not alone.'
In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
'When I am working on a series, be it Paatal Lok on Amazon Prime or Kohrra on Netflix, I never take it for granted that we will be back with another season.' 'It's only at the end of the season that I ask myself if I still have it in me to take the story further and if I would like to meet the characters again.' 'If the answer is yes, then I find ways to make the journey exciting for myself, like taking Inspector Haathiram Chaudhary to Nagaland.'
The players from both teams waited for nearly two hours at the ground before the steady drizzle forced them to return to their team hotel.
The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant interest rates to the borrowers. These four entities are Asirvad Microfinance, Arohan Financial Services (also an MFI), DMI Finance, which provides personal, consumption, and micro, small and medium enterprises loans, and Flipkart co-founder Sachin Bansal's Navi Finserv, which offers home and personal loans. The ban will take effect on October 21 to "facilitate closure of transactions in the pipeline", the regulator said in a statement.
After adding 11.7 million workers in the October 2022-September 2023 period from the pandemic lows in April 2021-March 2022, total workers employed in the vast informal sector in India - at 109.6 million - still remains below the pre-pandemic period.
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