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The new system will introduce dedicated PF withdrawal cards, functioning like regular bank ATM cards

ATM, Money, Transaction

Markets Live: Indian markets are likely to be driven by the higher close on the Wall Street, after largely in-line retail inflation data there cemented hopes of a rate cut by the US Fed next week

Stock market

Investing in beaten-down high-RoE stocks can be rewarding, says the veteran investor

Raamdeo Agarwal, chairman and co-founder, Motilal Oswal Financial Services

Here is the best of Business Standard's opinion pieces for today

economic growth

The Nomination of Indian-American Kash Patel as FBI Director gains momentum as he meets several influential Senators at Capitol Hill, many of whom openly came out in his support.
If confirmed by the US Senate, Patel would be the first-ever Indian-American to head the Federal Bureau of Investigation (FBI), the powerful investigating agency of the United States.
Today I reminded Kash that transparency brings accountability, and it's badly needed at the FBI. As a former congressional investigator, Kash understands that cooperation with Congress is not optional and whistle-blower protection is essential, a statement from Senator Chuck Grassley, the incoming Chairman of the Senate Judiciary Committee, said after meeting Patel.
Once formally nominated, I'd look forward to holding a hearing on Kash's nomination in the Senate Judiciary Committee, he said following the meeting.
I just wrapped a wonderful meeting with Chairman Chuck Grassley. I share his love for government transparency and 

Kash Patel, Trump's pick to lead FBI

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

The suicide of a Bengaluru techie brings intense scrutiny on India's family courts, raising questions about their ability to protect vulnerable individuals in disputes

Atul Subhash, Bengaluru Techie Suicide

He said under the IndiaAI mission, the government has tried to make a subtle distinction between responsible AI as defined by the West -- which is not expected to be regulated by the government -- and

AI, Artificial Intelligence

The Asian Development Bank (ADB) has sanctioned a USD 788.8 million (over ?6,600 crore) results-based loan to Andhra Pradesh for the development of Amaravati as a green and smart capital city that offers world-class infrastructure.
According to an official statement from ADB, the loan will be provided in Japanese yen, amounting to 121.97 billion yen.
The Amaravati Inclusive and Sustainable Capital City Development Programme is designed to transform Amaravati into a growth hub for the region, enhancing economic prospects, providing job opportunities, and improving living conditions of the residents.
ADB and other multilateral development banks (MDBs) will bring global expertise and technical support to the Government of Andhra Pradesh, establishing a strong foundation for a dynamic, sustainable, and vibrant capital city, said Mio Oka, ADB Country Director for India.
We believe that Amaravati will become a replicable model for not only developing greenfield cities but also for ...

Asian Development Bank, ADB

Demand for trade finance far outpaces supply, especially in emerging markets, with the global trade finance gap last estimated at $2.5 trillion, according to a report from the Asian Development Bank

HSBC

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Work on to assess AI, job loss from GenAI not intense in India: IT secy

ADB approves $789 mn loan to develop Amaravati as smart, green city

HSBC, IFC launch $1 bn trade finance programme for emerging markets

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News updates: Cong releases first list of candidates for Delhi Assembly Election

Withdraw your PF instantly from ATMs starting 2025: How it benefits you

Stock Market Highlights: Sensex sheds 236 points, Nifty settles below 24,550; FMCG dips, IT shines

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