RBI’s cloud, data

There is no evidence to suggest that a state-run cloud server business would do a better job, with at least two reports of UPI-related data leaks having emerged in the last two years

No silver lining to RBI's cloud

Business Standard

By providing a definitive legal framework to deal with the resolution of financial firms, the draft Financial Resolution and Deposit Insurance Bill takes a leap of sorts in Indian financial regulation. But some chinks in the armour need to be fixed

Bhargavi Zaveri: New law should have firm foundations

The composition and incentives of the regulator's board are indicative of its formal independence

'Institutionalise formal regulatory independence'

GDP grew 7.55 per cent in the fourth quarter, the fastest quarterly growth in more than two years, the General Statistics Office said in a report

Vietnam Flag (Photo: Unsplash)

Suresh Chandrakar has been arrested in Hyderabad, police confirmed

Mukesh Chandrakar

The unlisted shares of Parmeshwar Metal were trading at Rs 101 a piece, reflecting a grey market premium (GMP) of Rs 40 or 65.57 per cent over the upper end of the issue price of Rs 61

Prashant Kishor resisted the police's attempt to remove him from the site, which led to a tense situation following which he was detained

Prashant Kishore, Prashant

HDFC Bank's LDR was around 87 per cent pre-merger. Following the merger, its LDR went up to 110 per cent

HDFC Bank

Subsidy to support 72,300 fast charging stations across the country

EV, ELECTRIC VEHICLE

Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to check in.
Under the revised policy, all couples will be asked to present valid proof of relationship at the time of check-in, including for bookings made online. OYO has empowered its partner hotels' discretion to decline couple bookings based on their judgment, aligning with local social sensibility, the company said.
OYO has given the directive to its partner hotels in Meerut to ensure this with immediate effect. Based on ground feedback, the company may expand this to more cities, people familiar with the policy change said.
"OYO has received feedback in the past from civil society groups especially in Meerut urging action to address this issue. Additionally, residents from few other cities have petitioned for disallowing unmarried couples to check-in at OYO hotels," they said.
Pawa

OYO, Oyo rooms, Oyo app, Oyo logo

Stocks to Buy Today for Upside, Jan 6, 2025: TATAMOTORS has witnessed a steep correction of nearly 40 per cent from its peak of Rs 1,179 in the past five months and has plummeted to oversold terrain

tata motors

The rupee has been hovering above Rs 85 mark vis-a-vis the US dollar in the recent past

medicine

Its revenue for the quarter saw a 14.41 per cent rise, amounting to Rs 14,444.5 crore from Rs 12,624.37 crore Y-o-Y

Shares of Avenue Supermarts (DMart) have gained about 5 per cent over the past week on better-than-expected June quarter (Q1FY25) performance, hopes of a recovery in discretionary demand, and margin gains going ahead.

US SEC and Eastern District of New York cases against Adani Group, alleging a $265 million bribery scheme, assigned to a single judge for smoother handling while remaining distinct

Gautam Adani, Adani

As an opener, Gambhir's performance has not been as encouraging as he scored at an average of 27.5, but Rohit's is even worse.

Rohit Sharma, Gautam Gambhir

New Orleans held a gun buyback event offering gaming consoles in exchange for firearms just a day before a truck attack killed 15 people, raising safety concerns

New Orleans Attack

Cora Alvi, who was a national deputy finance director for Trump's presidential campaign, will also be a deputy chief of staff