A couple of days ago, Finance Minister Nirmala Sitharaman met top bank chiefs to discuss risks emerging from artificial intelligence (AI), a challenge the banking sector has long dealt with…
Category: Testing
RBI cancels Paytm Payments Bank licence: What it means for Paytm users
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank (PPBL), but for many users, the practical impact may be less dramatic than it first appears.…
The many ways motor insurance is mis-sold in India
Buying motor insurance today feels simple. A few clicks, a quick payment, and the policy lands in your inbox. But what looks like a straightforward purchase often hides a more…
Reliance Q4 profit slips to Rs 16,971 crore; Rs 6 dividend announced
Reliance Industries Ltd (RIL) reported a decline in fourth-quarter profit even as revenue rose strongly, with telecom and retail businesses helping cushion pressure in the energy segment. The company posted…
RBI cancels Paytm Payments Bank licence; to seek winding up in court
The Reserve Bank of India on Thursday cancelled the banking licence of Paytm Payments Bank Limited, bringing an abrupt end to one of India’s most high-profile payments bank experiments. In…
Benjamin Netanyahu says he was treated for early-stage prostate cancer
Israeli PM Benjamin Netanyahu on Friday announced that he was treated for early-stage prostate cancer but delayed the publication of his annual medical report by two months to deter Iran…
How this 25-year old built a Rs 20 lakh portfolio in almost 3 years
What if your salary isn’t very high, but your savings are? That’s the story of a 25-year-old IT professional from Bengaluru who says discipline, not income, helped him build a…
Sensex ends 982 points lower, Nifty below 24,000; IT stocks tank
Benchmark stock market indices ended sharply lower on Thursday, as rising crude oil prices and escalating tensions in West Asia weighed heavily on investor sentiment. The BSE closed at 76,681.29,…
Bernstein flags job risk, subsidy burden in open letter to PM Modi
Global brokerage Bernstein has written an open letter to Prime Minister Narendra Modi, warning that India risks under-delivering on its economic potential unless it addresses key structural issues around jobs,…
Infosys grants Rs 51.75 crore ESOPs to CEO Salil Parekh, employees still await pay hike
Infosys has approved stock-based incentives worth Rs 51.75 crore for its CEO and Managing Director Salil Parekh, even as the company is yet to decide on salary hikes for its…