Rohit Lamba

The government's lethargic approach of responding to every challenge through a "scheme" is getting tiring

Budget 2024: Need to think big and do big as incremental approach won't do

Business Standard

In part five of a series, the authors explain that if CRAR is proving to be tricky internationally, exclusive reliance on it in India is perhaps even more fraught with risks

Rohit Lamba & Arvind Subramanian: Why India should focus on leverage not just capital adequacy

India's credit and banking are neither too big nor too small

Rohit Lamba, Sutirtha Roy & Arvind Subramanian: Five questions on India's credit

Trump plans to push Nato allies to increase defence spending to 5% of GDP while continuing aid to Ukraine, marking a significant shift in his foreign policy approach

Donald Trump, Trump

More than 145 projects costing Rs 100 crore under implementation by govt oil and gas firms

oil price

52 kg of gold and Rs 9.86 crore in cash were found in an abandoned SUV near a Bhopal forest, raising suspicions of links to ongoing raids on real estate businesses

Gold

Rookie Australia opener Nathan McSweeney admitted feeling "devastated" after being dropped for the last two Tests of the Border-Gavaskar Trophy against India but vowed to work hard to reclaim his spot in the national team.
McSweeney was on Friday dropped by the national selectors, who handed a maiden call-up to teenage sensation Sam Kontas.
"Yeah, I mean devastated, I get the dream come true and then didn't quite work the way I wanted," McSweeney told Channel 7.
"But it's all part of it, and I'll get my head down and get back in the nets and work really hard and hopefully be ready to go for the next opportunity."
The 25-year-old, who made his Test debut in the series-opener in Perth, struggled at the top with scores of 10, 0, 39, 10 not out, 9, and 4 in his six innings. He was dismissed by Indian pacer Jasprit Bumrah four times during the series.
"It's the game we're in. If you don't take an opportunity and you're not performing as well as you want to, your position's never safe,"

Nathan McSweeney

In a series of posts on X, Mayawati said that Shah's remarks have hurt the hearts of the people

Mayawati

Four people, including two children, died in a fire that broke out in a house in the Nayanpur area of Dewas in Madhya Pradesh, an official said.

Fire, Fire accident

RBI stated that while it has directed banks not to charge excessive rates of interest, it does not directly regulate the rates charged by banks

Supreme Court, SC

Market crash today: The BSE Sensex tanked 4,088 points and touched the week's low at 77,973, similarly, Nifty fell 1189 points to the week's low at 23,565

Stock Market, Market, Crash, Funds, up, Stock, Lost, decline, statistic, Crisis, Capital, BSE, NSE, Wolf

RIL hit a 52-week low of Rs 1,210.15 on the BSE has declined 24 per cent from its record high level of Rs 1,608.95 (adjusted to bonus) touched on July 8, 2024.

RIL, Reliance, Reliance Industries

Websol Energy Systems shares hit a new high of Rs 1,774.50 in intra-day today; they have rallied 40% thus far in the month of December

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE, Bull

Google CEO Sundar Pichai has announced a 10 per cent reduction in managerial roles, aiming to improve efficiency in response to rising AI competition and economic challenges

google, google logo

Gen-Z

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards.
The Fed is set to announce a quarter-point cut to its benchmark rate, from about 4.6% to roughly 4.3%. The latest move would follow a larger-than-usual half-point rate cut in September and a quarter-point reduction in November.
Wednesday's meeting, though, could mark a shift to a new phase in the Fed's policies: Instead of a rate cut at each meeting, the Fed is more likely to cut at every other meeting  at most. The central bank's policymakers may signal that they expect to reduce their key rate just two or three times in 2025, rather than the four rate cuts they had envisioned three months ago.
So far, the Fed has explained its moves by describing them as a recalibration of the ultra-high rates that were ...

US Federal Reserve, Fed

Trump alleges election interference and fraud over Des Moines Register poll

According to an official statement by the Ministry of Defence, 'Nirdeshak' is the second vessel of the Survey Vessel (Large) Project

Combined operations of Indian Navy's two aircraft carriers, INS Vikramaditya and INS Vikrant. Photo credit: PIB

Indian Navy aircraft carriers INS Vikramaditya INS Vikrant

CDSL's share price dropped following a tweet from Zerodha, which highlighted an issue at CDSL affecting all brokers

share market

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

trade deficit

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

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)

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

Netflix has bought the OTT rights of Pushpa 2 and will release the movie in multiple languages-Telugu, Tamil, Malayalam, Kannada, and Hindi

Rohit Lamba

Rohit Lamba

Rohit Lamba

Budget 2024: Need to think big and do big as incremental approach won't do

Rohit Lamba & Arvind Subramanian: Why India should focus on leverage not just capital adequacy

Rohit Lamba, Sutirtha Roy & Arvind Subramanian: Five questions on India's credit

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Trump's Nato push: Higher defence spending, continued aid to Ukraine

Oil & gas CPSEs set to exceed IEBR capex for fifth-straight year

52 kg gold, Rs 9.86 crore cash found in abandoned SUV near Bhopal forest

Nathan McSweeney 'devastated' after being dropped from Australia squad

Mayawati calls for nationwide protest on Dec 24 over Shah's Ambedkar remark

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