The RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financial institutions to lend and borrow short-term funds. The move aims to deepen money markets, improve liquidity access and broaden participation,…
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The index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large yet often difficult-to-measure informal sector.
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India is pioneering a unique mobility transition, blending electric vehicles with ethanol-powered engines, unlike China and Europe’s EV-centric approach. The government’s push for higher ethanol blends like E85 aims to decarbonize transport while extending the life of internal combustion engines.…
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India’s Big Four accounting firms, Deloitte, PwC, and EY, have surpassed 1,000 partners each, driven by rapid expansion, especially in technology consulting. This growth strains the traditional partnership model, demanding leaders adept at managing diverse businesses, embracing AI, and navigating…
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Major stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share. This contrasts with Taiwan and South Korea, where AI leaders have significantly boosted their benchmarks.…
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HDFC Bank’s board is poised to reappoint Sashidhar Jagdishan as MD & CEO for a third term following external legal reviews clearing the bank of concerns raised by a former chairman. While the board and Macquarie Capital support Jagdishan, the…
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