In India, the large private banks may not need such partnerships, but the ailing public sector banks and the troubled old private sector banks can gain from such deals. Partnerships and technology can also benefit cooperative banks which have been on the RBI’s radar for a while now
Nine officials on the FOMC now expect a US rate increase next year, up from seven officials in June
Is the Fed chair a master communicator, who has signalled his intentions so clearly that when he states them explicitly, the market takes it easy?
Investors don't mind retiring promoters staying on as a chairman emeritus but are drawing the line at paying hefty fees for an extra-constitutional position
Since security cooperation is at the heart of any strategic partnership, how far the US would understand India’s concerns will be an important marker in deepening their defining partnership
The deal was there on the table in 2019 but the promoters decided to go with Invesco, as it would have given them the freedom to operate. But now that Invesco was threatening their freedom, Subhash Chandra and family had little option but to go back to Sony.
Beijing, Shenzhen, Hong Kong, Shanghai have some of the most expensive housing in the world, in relation to the income of their residents
While the immediate crisis may be averted, it is unlikely that it will vanish completely as long as real investments fail to yield returns
The change in narrative includes distancing Zuckerberg from scandals, reducing outsiders’ access to internal data, burying a potentially negative report and stepping up advertising to showcase its brand
Beijing applying to join the TPP is the diplomatic equivalent of the US asking to be a member of China’s “belt and road” trade
In today’s edition of Moneycontrol Pro Panorama: China’s trial by fire, the Fed’s policy review, bitcoin’s aura, SEBI’s skin-in-the-game rules, HG Infra, the road ahead on independent directors and much more
The political spectrum in the Northeast does not offer a huge scope for a new alliance to reap major dividends in a brief span. It would have to identify key constituencies, project itself as a viable alternative, and firm up alliances with local parties
The debt mountain of Evergrande underlines both the speed at which corporate fortunes can swing and the deep flaws in China’s growth template
The lawmakers keep tinkering with the subject of independent directors, adding a requirement once, giving a relaxation next, and ending up creating confusion and unanswered questions
Product offtake was strong across major therapies last month and low COVID-19 infections can aid recovery
Junior employees get more time to meet the Sebi requirement. But there’s a better solution to ensure fund managers perform
India needs to follow a two-pronged strategy to moderate freight cost and turn the country into a box manufacturing hub
From Central Asia to Latin America and Africa, crypto currencies are gaining popularity because of mismanagement by governments and central banks
An RBI report finds that investment intentions of Indian private sector companies remain sluggish as reflected by lower numbers of new announcements and completions of projects
The industry shows how economic decisions in 2020 are having serious implications in 2021
The senator responsible for stitching together the Democratic climate action plan may end up dropping key proposals from President Joe Biden
In today’s Moneycontrol Pro Panorama: China’s property pain, metals in the line of fire, Paras Defence IPO, Recovery Tracker, GuruSpeak, and more
The PLI scheme comes at an apt time for India as the auto industry realigns its global supply chain. This changing scenario can benefit India in becoming an integral global manufacturing base
Evergrande's problems are giving a harsh reality check to investors in metal stocks that had turned red-hot on the back of runaway metal prices
The debt crisis at Evergrande is symptomatic of the Chinese government’s precarious position
