In the rapidly evolving landscape of fintech, robust AML compliance measures not only help strengthen the digital finance and banking infrastructure but also provide a seamless linkage for Indian tech and fintech companies with their global counterparts
Is this an enduring shift in the monetary environment or a temporary one? At the moment, we do not know
According to analysts at India Ratings Ltd, the share of CDs in the incremental deposits of banks has risen to 12.5 percent in FY23 from 6.5 percent in FY22
The oil market is now in a critical phase. Producers have been cutting production but the oil price refuses to rise, resulting in losses for them
Even the children of veterans aren't signing up. And there are a host of economic, social and political causes. There's the robust civilian job market, the polarising barbs on military service that the Right and the Left indulge in, and counterintuitively, the US not being involved in any active war presently ,which turns off young people attracted to combat and adventure
One 2011 US study comparing conventional and nuclear-powered military vessels suggested atomic ships cost more, but only by about 19 percent. That’s more competitive than the other low-carbon fuel options out there — and, these days, possibly cheaper than the current, diesel-heavy fuel mix in conventional vessels
The noise generated around an ATH tempts new investors to jump in for fear of losing out further or to stay out fearing a prolonged drawdown. What the data says
We are a large population and our per capita rank relative to others is still very low; our education levels modest; our work profile for many are meagre and backbreaking and living conditions are poor. That’s the broken thing we need to fix, says noted thought leader Bijapurkar
The biggest changes in the proportion of total spending have been, as expected, in the infrastructure ministries
Markets will have to wait to learn what role price cuts played in the carmaker’s big second-quarter delivery numbers
If Putin’s defense spending numbers are correct, it’s likely that Prigozhin overstated the size of his army
Despite racism running deep in its society and in its policing system, the French have held on to a preposterous “colourblind” policy maintaining that there is no institutional racism in France. Failure to work towards long-term and institutional solutions ensures anger against police brutalities and racial discrimination is quick to surface
In today’s edition of Moneycontrol Pro Panorama: Indian drug laws need complete overhaul, the way forward for GST, what it means if NBFCs chase retail loans, rain plays spoilsport for Coal India, and more
The Karnataka elections have upset BRS and BJP calculations. Just as both parties were preparing for a titanic showdown, Congress staged a revival. But a soft corner to BRS will be a tough sell for the BJP central leadership after going hammer and tongs against KCR since 2018 on corruption and nepotism
While the intent behind the amendments is laudable against the backdrop of various governance-related controversies facing Corporate India, it appears that the changes may have swung the pendulum to the other extreme and could lead to several unintended challenges and consequences for companies
AI presents businesses great opportunities for growth and potentially debilitating legal risks. Corporate counsel have the responsibility of guiding companies through a rapidly evolving legal ecosystem and meeting compliance requirements in many areas of work they do
Performance this year has disappointed but recent economic data has sparked hopes of stimulus that could boost sentiment
As other jurisdictions implement their ex-ante competition laws, Indian policymakers can review their real experiences. Those learnings will also enable the government to think through and analyse what such legislation could mean for stakeholders in our digital economy
Tailoring products and services to suit older customers — from putting sleeves on dresses to installing more seats in shopping malls — may be essential to navigating the mortgage time bomb. Older Britons may be protected from the latest income squeeze as soaring interest rates ratchet up mortgage costs. The discomfort here will be most acute for midlife, middle-income households — especially with children at home, many of whom will also have home loans
With Twitter's strained servers facing the consequences of Musk's cost-cutting exercises, it couldn't have come at a better time for the new competitor on the block, Meta's copycat app, Threads, which could be launched any day now. Musk has been fortunate that no real viable alternative has emerged since he acquired Twitter last fall but that could change now
It is not just the laws that need to be revised -- the institutional capacity to enforce laws, ensure good manufacturing practices are followed and test quality needs to improve too
If you offer material incentives, then there will certainly be those who will seek to cut corners by claiming credit through ‘greenwashing’
Foreign investors who were being cautious about Indian markets are now feeling the ‘Fear Of Missing Out’ (FOMO)
GST’s introduction is a momentous occasion in India’s economic history. Here are some steps that can make the GST framework more robust and support growth
Singapore's landlords may be able to squeeze out a few more quarters of rent increases before enough new housing supply gives tenants a semblance of bargaining power. Meanwhile, the wholesale power market which is seeing exorbitant prices could also do with a lot more public investment.