Public sector banks, PSBs merger

The idea of a bad bank has been around for some time now though it was abandoned at one point

Now is the time for a bad bank

Business Standard

Illustration by Binay Sinha

Instead of moving the whole banking system to a new lending regime, a practical way forward would be to let the banks continue with the existing system, duly addressing its weaknesses, if any

Linking lending rates to external benchmarks

The Delhi government's decision to stop surge pricing by app-based taxi companies Uber and Ola ignores the basic principles of economics to appease a vocal section of the vote bank

Abhijnan Rej & Prashant Kumar: Banning surge pricing is bad economics

Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that's widely viewed as a proxy for excessive liquidity in the financial system

US Federal Reserve, Fed

The suspension in futures trading for the seven commodities was initially set to expire on December 20, 2024

sebi

The route between Hokkaido's Chitose Airport to Tokyo's Haneda airport is the second largest domestic route globally, with 11.9 million seats which is a similar level to last year

Flight

In January 2018, Shoppers Stop announced that it had allotted shares worth Rs 179.26 crore to Amazon.Com NV Investment Holdings LLC, an investment arm of Amazon.com

Amazon

Also recommends reduction of rate on individual health covers from 18% to 5%

Stock Markets Today Highlights: 33 of the 50 constituents of Nifty50 ended in the red, dragged by Tata Motors, Power Grid, BEL, JSW Steel, and NTPC, extending losses of up to 2.92 per cent

Market, BSE, NSE, NIfty, Stock Market, investment, Loss, Lost

Latest news updates: Catch all the latest developments from around the world here

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

The Enforcement Directorate has restored assets worth Rs 22,280 crore to victims or rightful claimants from cases involving economic offences, the finance minister informed Lok Sabha

Nirmala Sitharaman, Union Finance Minister

Honda is considering several options including a merger, capital tie-up or the establishment of a holding company, Executive Vice President Shinji Aoyama said

Toshihiro Mibe, right, speaks next to Makoto Uchida, during a joint news conference in Tokyo in August.

India Women extended their unbeaten run against the West Indies to nine consecutive T20I victories with a dominating 49-run win in the series opener here on Sunday.
After Jemimah Rodrigues (73) and Smriti Mandhana (54) powered India to their highest-ever total of 195 for four against the Caribbean side and their third highest overall in the format, the West Indies responded with 146 for seven.
At the top, young Qiana Joseph dazzled with a 33-ball 49, while veteran Deandra Dottin (52) recorded her first fifty since making a comeback to T20Is earlier this year, but their efforts were not enough.
West Indies' hopes were dealt a body blow in the second over when substitute fielder Minnu Mani produced a superb athletic catch to see the back of West Indies' skipper Hayley Matthews (1) off Titas Sadhu (3/37).
Joseph cracked five fours and three sixes to keep the scoreboard ticking but West Indies could not produce big partnerships in the middle.
Joseph and Shemaine Campbelle (13) put on 

Cricket, Bat, Ball, Bat Ball

Exotel's expansion into high-growth markets like Saudi Arabia, UAE, and the USA is driving new revenue streams and the company said it is poised for strong growth in FY25

AI, Artificial Intelligence

Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050

HDFC Bank, HDFC

Stocks to Buy for upside: We can see a Cup and Handle breakout in Bharti Airtel share price, further strengthening the bullish outlook

Online trading, Trading (Photo: Shutterstock)

AAP released its fourth and final list of 38 candidates for the Delhi Elections 2025 and Jain has been given a ticket from the Shakur Basti Assembly seat

Delhi Health Minister Satyendar Jain, arrested in connection with a money laundering case, being taken to the Rouse Avenue court, in New Delhi (Photo: PTI)

Satyendra Jain

Infosys co-founder Narayana Murthy advocates for a 70-hour workweek, urging youth to work hard for India's progress; underlines the importance of job creation as a solution to poverty

NR Narayana Murthy, Narayana

On Vijay Diwas, PM Modi honoured Indian soldiers whose sacrifices secured victory against Pakistan in the 1971 war, leading to the liberation of Bangladesh

1971 Surrender pic India Pakistan

While Jaiswal flicks the ball on the pads straight to square leg fielder Mitchell Marsh, Gill tried to play an extravagant drive and managed an outside edge to flying Marsh at gully region.

Virat Kohli

Allahabad High Court judge Shekhar Kumar Yadav, who purportedly gave controversial statements at a Vishwa Hindu Parishad function, appeared before the Supreme Court collegium on Tuesday, sources said.
According to the sources, Yadav appeared before the collegium headed by Chief Justice Sanjiv Khanna and was asked to put forth his version on the statements made.
The top court on December 10 took note of news reports over the statements and sought a report from the Allahabad High Court on the issue.
"The Supreme Court has taken note of newspaper reports of a speech given by Mr Justice Shekhar Kumar Yadav, a sitting judge of the High Court of Judicature at Allahabad. The details and particulars have been called from the high court and the matter is under consideration," an official statement had said.
According to the established norm, a judge, against whom a report is sought by the apex court collegium on any controversial issue from the high court concerned, is given opportunity to 

Supreme Court, SC

The shift will comprise women employees for all the mining activities of the shift, including heavy earth-moving machinery

Prashant Kumar

Prashant Kumar

Prashant Kumar

Now is the time for a bad bank

Linking lending rates to external benchmarks

Abhijnan Rej & Prashant Kumar: Banning surge pricing is bad economics

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Fed cuts key interest rates by 0.25%; reverse repo rate lowered to 4.25%

Sebi extends futures trading ban on seven agri-commodities till Jan 2025

Mumbai-Delhi world's eighth busiest domestic route in 2024, says report

Amazon exits Shoppers Stop; sells entire 4% stake for Rs 276 crore

GoM proposes GST cuts for health insurance, exemption for term policies

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