Saturday, February 1, 2025

BUSINESS/ECONOMY

RBI to levy penalties on banks that lose property papers of borrowers

Banks may have to compensate borrowers and also pay a penalty if they lose the original property documents of loan seekers. This could soon...

Sri Lanka takes action to accelerate investor laws as Adani Group waits

The Adani Group expanded its business activities in Sri Lanka in 2021, venturing into the port and renewable energy sectors. However, it has encountered significant...

Number of publicly held companies shrinking in US

A strange trend that has surfaced in the American financial landscape is that the number of publicly held companies is shrinking, a media...

WhatsApp rolling out new interface for group settings screen on iOS

Meta-owned WhatsApp is reportedly rolling out a new interface for a group setting screen on iOS. According to WABetaInfo, the group administrators that use...

LinkedIn introduces AI Copy Suggestion feature for ad creatives

Professional social networking platform LinkedIn has introduced an AI-generated Copy Suggestions tool that uses generative AI to create high-performing intro text and headlines...

Studying market to adequately compensate sunflower growers: Haryana CM

Amidst the rift between the Haryana government and farmers over the procurement rate of the sunflower crop, Chief Minister Manohar Lal Khattar on...

Modi govt committed to strengthen cooperatives: Amit Shah

A day after the Centre announced four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country, Union Home Minister Amit...

Non-plan spending up, revenue sources down, WB’s per capita debt at all-time high

The West Bengal government's accumulated debt, as per the budget papers of the state government, is slated to rise to Rs 6,47,825.52 crore...

CAG cautions Gujarat that it seem headed for potential debt trap

In a recent study titled 'State Finances: A Study of Budgets of 2022-23', the Reserve Bank of India (RBI) forecast a decrease in...

N-E states in a unique position: Narrow revenue base, flush with Central funds

The 15th Finance Commission (2021-26) headed by N.K. Singh had earlier suggested that the northeastern states accelerate resources and revenue to strengthen their...