China’s Big Data hub looks at direct air link with India’s Silicon Valley

Govt is also in favour of boosting presence in Guizhou as cooperation can help reduce trade deficit with China. Read more »

Are banks finally finding their feet after a decade of hurt? See these signs

Higher bad loan recoveries and slowdown in new NPAs are likely to make profits more durable, analysts say. Read more »

Idiot box becomes smart, corners over half of TV market

Smart TVs can connect directly to the Internet, run apps and support streaming or over-the-top (OTT) media services such as Netflix, Amazon Prime and Hotstar. Read more »

Carmakers slam brakes on output as demand slows

The slackening of demand was evident in retail sales, which dropped 15-35% for two-wheelers ahead of Diwali Read more »

Reliance Communications, Reliance Telecom have just Rs 19 crore in accounts

RCom informed the Delhi HC that it has Rs 17.86 crore in 119 bank accounts, while RTL has over Rs 1.48 crore. Read more »

NBFC crisis an opportunity for niche banks: Samit Ghosh, MD & CEO, Ujjivan Small Finance Bank

Samit Ghosh, MD and CEO, Ujjivan Small Finance Banks, says that the NBFC liquidity crisis hasn't impacted the samll finance banks directly in terms of liquidity but has provided an opportunity to... Read more »

Skirmishes that brought RBI and the govt head-to-head

Governments by nature are keen to push for easier way to prosperity. But central banks’ DNA is that of caution. In a way, one is... Read more »

Hold RBI to account but not at the cost of autonomy

Govt-RBI fights are as old as banking. But invocation of never-used powers makes it something very different. Read more »

State-run banks need Rs 1.2 trillion in urgent capital: Crisil

This is a little more than double the budgeted Rs 53,000-crore of capital infusion for the current fiscal year, Crisil senior director Krishnan Sitaraman said in a report Tuesday. Read more »

KBRA Assigns Preliminary Ratings to Arroyo Mortgage Trust 2018-2 (ARRW 2018-2)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency, Inc. (KBRA) assigns preliminary ratings to six classes of mortgage pass-through certificates from Western Asset Management Company’s second non-prime RMBS securitization, Arroyo Mortgage Trust 2018-2 (ARRW... Read more »