Q1 earnings preview: Combined net profit of Nifty50 firms may decline 2.5%

Filling up the lacuna in corporate lending

Criminalising the lender and the defaulter shifts the focus away from the inefficiencies in the corporate lending process

Business Standard

rbi, reserve bank of india

Compensation structures can be designed to make risk management a core part of Indian banks' strategic decision making and planning processes

CEO pay can transform banks

A 50-year-old doctor from Saudi Arabia, who has been living in Germany since 2006, is the prime suspect in the Christmas market attack in Magdeburg, which killed five people

Germany police

U Mumba will rely on their star raider, Ajit Chouhan, to lead the team in their upcoming match.

Pro Kabaddi League 2024

Days after Zakir Hussain was laid to rest at a San Francisco cemetery, the family of the tabla maestro shared a moving post on his official Instagram account on Sunday.
It marks the first post on the social media page of Hussain since his death at a San Francisco hospital early last week due to complications arising from idiopathic pulmonary fibrosis, a lung disease. He was 73.
The undated black-and-white picture shows the hands of Hussain, his wife Antonia Minnecola, daughters Anisa Qureshi and Isabella Qureshi held tightly together.
"Always together in love," read the caption of the post, tagging the four members of Hussain's kin.
One of the world's most accomplished percussionists, Hussain was laid to rest at the Fernwood cemetery in San Francisco on Thursday.
Hundreds of his admirers gathered at his funeral to pay their last respects. Sivamani and several other musicians played drums a little distance away to pay him a tribute.
The celebrated musician, one of India's most ...

Zakir Hussain, Zakir

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised Rs 27,870 crore.
Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.
The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.
"Rising retail participation, strong domestic inflows and active participation by FPIs (

ipo market listing share market

India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said.
Officials of the Embassy of Sweden and Business Sweden, during an interaction with PTI, emphasised the shared potential for innovation and large-scale implementation of sustainable practices.
"Sweden is a leader in green technologies while India has unparalleled capacity for large-scale implementation of the same. Together we can explore technologies like green hydrogen, carbon capture and circular economy practices," said Christian Kamill, Deputy Head of Mission, Embassy of Sweden.
He highlighted areas like green hydrogen, carbon capture and circular economy practices as promising avenues for collaboration.
Kamill also pointed to Sweden's strides in renewable energy and transport electrification, noting that over 50 per cent of Sweden's energy already 

Climate change, global warming

GST Council addresses disaster levy, clarifies tax exemptions, and revises ITC norms, while deferring insurance premium GST cut and key rate rationalisation decisions

GST council meeting

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.
Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.
Despite this short-term reversal, the broader December trend remains positive. FPIs have infused Rs 21,789 crore into Indian equities so far this month, reflecting continued confidence in India's economic growth potential and its resilient markets.
FPIs adopted a cautious approach due to the US Fed meeting and uncertainty about 

Foreign portfolio investor exodus: Financial sector bears the brunt, FPI

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

The accumulated losses of state public sector enterprises (PSEs) rose from Rs 3,953.70 crore in 2020-21 to Rs 4,778.70 crore in 2022-23, while the profit earned by 13 SPSEs stood at Rs 20.21 crore as on September 30, 2023, according to a report by the Comptroller and Auditor General (CAG) on finances tabled in the Assembly on Saturday.
The net worth of nine out of these 14 PSEs has been completely eroded by losses and their worth was (-) Rs 1,932 crore against an equity investment of Rs 2,085.59 crore, while three PSEs have outstanding government loans amounting Rs 3,132 crore, the report said.
Himachal Pradesh State Electricity Board topped the list of loss making enterprises with accumulated losses of Rs 1,809.61 crore, followed by Himachal Pradesh Road Corporation at Rs 1707.12 crore, HP Power Corporation at Rs 552 crore, Himachal Pradesh Power Transmission Corporation at Rs 395.91 crore, HP Financial Corporation at Rs 180.97 crore, State Forest Corporation at Rs 113.04 crore, HPM

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government officia

The jobs will be added across RTX's units, including around 300 engineers for aircraft engine maker Pratt & Whitney over the next 12-18 months

US flag, US, united states

Bangladesh is currently China's second-largest arms buyer after Pakistan, which was the first country to procure 4.5-generation multirole J-10C combat fighters from China

Pakistan gets 2nd batch of six J-10C combat aircraft from China: Reports

J-10C fighter aircraft, Pakistan

The ATP men's tennis tour paid out $1.3 million to a total of 26 players in 2024 under a new financial program called Baseline that guarantees minimum annual incomes for players ranked in the top 250.
Players received money in each of three categories, the tour said Wednesday, without naming most of the individuals: 17 got paid as part of minimum guarantees that make up the difference if players do not reach certain thresholds in singles prize money, three through injury protection that helps those whose tournament participation is limited by health issues, and seven via newcomer investment that provides funds to new members of the top 125.
One player received money from both the minimum guarantee and income protection parts of the plan, which was announced in August 2023. This season was the first of a three-year trial.
As a professional tennis player, you're focused on results. Relying on your performance to succeed can be difficult, especially when dealing with setbacks like ...

red Tennis Court

Ahead of the crucial Boxing Day Test against India from December 26, legendary wicketkeeper Ian Healy has pointed out the serious lack of form of the top-three Australian batters and advised them to go to the basics and perform if they want to continue in the team.
Australia made 445 in the first innings of the rain truncated third Test at Brisbane with Travis Head and Steve Smith smashing centuries but the home team did miserably in the second innings before declaring at 89 for 7.
The match ended in a draw with the five-match Test series level at 1-1.
"I don't see them (Australia) regressing going into Melbourne, but they are out of form, they're seriously out of form," Healy told SEN Radio.
Openers Usman Khawaja, Nathan McSweeney and one-drop batter Marnus Labuschagne performed below expectations at the Gabba before Smith and Head halted the slide with centuries in the first innings.
The second innings was even worse with the top three managing just 13 runs.
"Questions have got

Usman Khawaja

Pension manager say 310,00 applications yet to be processed despite multiple extensions

EPFO

The Banning of Unregulated Lending Activities Bill calls for the CBI to handle probes in cases spanning multiple states or UTs

The Centre, in collaboration with states, has proposed to classify unregulated lending as a cognizable and non-bailable offence, with penalties including imprisonment of up to 10 years. The finance ministry has invited feedback by February 13 from st

The latest Economic Survey said, India has to find the right balance between importing goods from China and importing capital (FDI) from China

How policymakers are split over attracting Chinese investment into India

The official further noted that this year's Budget consultations are particularly significant due to the political outcomes of recent state elections

Nirmala Sitharaman, Nirmala

Congress calls FIR against Rahul Gandhi over Parliament scuffle a 'badge of honour', alleging BJP's vendetta and diversionary tactics to counter his protest against Amit Shah's Ambedkar remarks

Rahul Gandhi, Rahul, congress leader

The Opposition Congress has doubled down on its demand for Home Minister Amit Shah's resignation, citing his comments on B R Ambedkar

Rahul Gandhi, Rahul, Congress leader, Priyanka Gandhi, Priyanka

Deep Narayan Mukherjee

Deep Narayan Mukherjee

Deep Narayan Mukherjee

Filling up the lacuna in corporate lending

CEO pay can transform banks

Latest News

In this Section

All

Who is the Saudi-born suspect behind Germany Christmas market attack?

PKL 2024, December 22 matches live timings, streaming, and telecast details

Zakir Hussain's family shares first Instagram post after his death

IPO boom: Record Rs 1.6 trn raised in 2024; bigger gains expected in 2025

India, Sweden can strengthen ties in climate solutions: Swedish officials

Most Popular

Read

Shared

Commented

55th GST Council takes key decisions, defers rate cuts on insurance premium

GST Council defers decision to reduce tax on health, life insurance

FPIs pull out Rs 976 crore from Indian equities amid rising dollar

Kejriwal launches Dr Ambedkar scholarship amid row over Amit Shah's remarks

Losses of Himachal's 30 PSEs rose from Rs 3,953 cr to Rs 4,778 cr: CAG