Naina Lal Kidwai, chairperson of Rothschild & Co, who is also on the board of directors of Biocon and UPL, said one of the big factors fuelling this change is ESG reporting. Companies, especially the larger ones, are seeking ratings…
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The Reserve Bank of India is on a drive to raise the use of technology in key areas like supervision and risk management but flagged the downside risks and how widespread the challenges could be in the adoption of Artificial…
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Reliance Retail, a subsidiary of Reliance Industries, has begun testing the government’s Open Network for Digital Commerce (ONDC) through Fynd, an omnichannel retail platform in which Reliance holds an investment.
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The S&P 500 Index is now dominated by the six major US companies, Microsoft Corp., Apple Inc., Nvidia Corp., Alphabet Inc., Inc., and Meta Platforms Inc., marking a notable shift in market dynamics.
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India is considering challenging the European Union’s Carbon Border Adjustment Mechanism (CBAM) at the World Trade Organization, which mandates non-EU steel producers to report emissions, impacting sectors like iron and steel, cement, and more.
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The Reserve Bank of India’s income rose 15% last fiscal due to higher interest income from bond holdings and a sharp drop in provisions transferred to the Contingency Fund, enabling a record dividend payment to the central government.
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