News

Proposed changes to NBFI regulatory framework to enhance sector stability: Fitch Ratings

ET News - 1 hour 43 min ago
For the sector as a whole, the proposed measures should "strengthen governance and risk management, although we do not view these areas as major credit weaknesses for Fitch-rated Indian NBFIs", the rating agency said.
Categories: Business News

New laws for auditor, company secretary bodies in offing

ET News - 1 hour 43 min ago
A bill to amend relevant provisions of laws governing the three bodies is expected to be introduced during the second half of the budget session of Parliament. The idea is to step up oversight on the three bodies after a committee suggested several changes almost three years ago.
Categories: Business News

Why FM should not bring in any new tax in this budget

ET News - 1 hour 43 min ago
​​​Should she try and balance the books by levying additional taxes? Say, introduce a temporary Covid-19 cess at the highest income-tax slab, or maybe reintroduce the wealth tax? Or, should she focus on maintaining tax stability while stepping up expenditure for economic revival?
Categories: Business News

Union Budget 2021: The case for a higher standard deduction to deal with the new normal

ET News - 1 hour 43 min ago
With work from home becoming the new normal, it is going to be difficult for the finance minister to separate salary from business income. Raising the standard deduction for salaried employees may help level the field.
Categories: Business News

Indian dating apps, services see surge of paying users in small cities

ET News - 1 hour 43 min ago
Growth More than in MetrosAccording to companies like Aisle and Truly Madly, which have millions of users and position themselves as “serious” dating apps, and bespoke high-end dating services like Sirf Coffee, a lot more users from such places are not only keen on using these apps, but also willing to pay for it.
Categories: Business News

Time for government, companies to adopt artificial intelligence: Deloitte India

ET News - 1 hour 43 min ago
“Indian companies need to re-skill, train, and acquire more relevant talent, if they are to successfully integrate AI technologies. Most importantly, they should be willing to make the continued investment. It is an uphill race in which there will be winners and losers,” said Deloitte India CEO N Venkatram.
Categories: Business News

Walmart plans to fill online orders with help from robots at some U.S. stores

ET News - 1 hour 43 min ago
The robots will work behind the scenes, picking frozen and refrigerated foods as well as smaller general merchandise items from inside the warehouses, or local fulfillment centers, that will carry "thousands of frequently purchased items."
Categories: Business News

Indian-origin US lawmakers Jayapal, Krishnamoorthi named to key congressional committees

ET News - 1 hour 43 min ago
While Congresswoman Jayapal, 55, was named to the powerful budget committee, Congressman Krishnamoorthi, 47, was appointed to a key congressional committee on the coronavirus crisis on Tuesday.
Categories: Business News

100 million cases recorded worldwide as America seeks to reset its fight against COVID-19

ET News - 1 hour 43 min ago
Biden is seeking to turn around the fight against the virus, which took a ferocious grip on the country during Donald Trump's presidency when the risks were downplayed and officials gave mixed messages on mask-wearing other safety measures.
Categories: Business News

Russia: Ally of opposition leader Navalny vows to press for his freedom despite crackdown

ET News - 1 hour 43 min ago
Lawyer and politician Lyubov Sobol told a news conference that Navalny's Foundation for Fighting Corruption and his team's regional offices will continue to operate even amid the "arrests of our followers and allies, open criminal probes (and) criminal probes that are yet to come."
Categories: Business News

Google revives Australia news platform launch amid content payment fight

ET News - 1 hour 43 min ago
The launch of the News Showcase product as early as next month is Google's latest tactic in a high-profile campaign against the Australian government's planned legislation to make the company pay local news providers for content that appears in its search engine.
Categories: Business News

$10 mn pay-cut for Goldman Sachs CEO David Solomon over 1MDB scandal

ET News - 1 hour 43 min ago
Goldman Sachs pleaded guilty in October over its role in the scandal, and agreed to pay nearly $3 billion to close US investigations.
Categories: Business News

Burj Khalifa lights up with tricolour to celebrate India's 72nd Republic Day

ET News - 1 hour 43 min ago
India and the United Arab Emirates (UAE) enjoy strong bonds of friendship based on age-old cultural, religious and economic ties between the two nations.
Categories: Business News

In a first, Kolkata gets boat library

ET News - 1 hour 43 min ago
Children will be able to choose from a selection of 500 titles in English and Bengali on the Young Readers' Boat Library.
Categories: Business News

Karnataka: Giving up land for industries may get you plots

ET News - 1 hour 43 min ago
The government is looking at twin benefits. First, it will save on cash outgo for Karnataka Industrial Areas Development Board (KIADB), an arm of the industries department that develops and manages industrial real estate.
Categories: Business News

Mayawati terms violence in Delhi during farmers' tractor parade 'unfortunate'

ET News - 1 hour 43 min ago
She reiterated her appeal to the Centre to withdraw the three new farm laws immediately and end the long-running agitation of the farmers so that no such untoward incident can happen again.
Categories: Business News

What is Nishan Sahib? It’s found flying atop every gurdwara

ET News - 1 hour 43 min ago
Was a Khalistani flag hoisted at Red Fort?No, it was a Sikh flag which is found in every gurdwara and people carry it almost invariably during religious processions. In gurdwaras, it is hoisted at a height with a ‘khanda’ (a double-edged sword).
Categories: Business News

Chor companies never change, I burnt fingers trying to bet on #ChangingIndia: Porinju

ET News - 1 hour 43 min ago
He said these cos will perish in the ongoing ‘Historic Detoxification Drive’ of India Inc.
Categories: Business News

Proposed changes to NBFI regulatory framework to enhance sector stability: Fitch Ratings

MoneyControl Business News - 1 hour 54 min ago
For the sector as a whole, the proposed measures should "strengthen governance and risk management, although we do not view these areas as major credit weaknesses for Fitch-rated Indian NBFIs", the rating agency said.
Categories: Business News

Apple's hardware engineering chief to step down to focus on new project

Business News From Hindu - 1 hour 57 min ago
Riccio, who joined Apple over two decades ago as vice president of product design, was named vice president of iPad hardware engineering in 2010 and leads the Mac, iPhone, iPad and iPod engineering teams.
Categories: Business News