'Encounters' need to end but the real culprit is a moribund judicial system
India needs the rule of law. It needs to end vigilantes and police encounters. But that first requires massive police-judicial reform. There is no space to discuss that in this column. The meandering, meaningless procedures of a moribund police-judicial system cannot be called the rule of law. The public sees this. The courts must see this too.
‘NBFCs could face solvency stress despite surplus system liquidity’
Tight funding for NBFCs raising risks for banks: Moody’s
World economy haunted by risk just got a double shot in the arm
ECB President Lagarde said the euro zone’s slowdown was showing signs of bottoming out.
Health-tech startup Arvi launches at-home medical alert system for senior citizens
Arvi installs a smart medical alert system with ‘push buttons’ at all critical locations of the house.
GPX Global Systems opens data centre in Mumbai
The new data centre, GPX Mumbai2, will expand this ecosystem by utilising new technologies to enhance the proven design and electrical-mechanical architectures of Mumbai1.
US Congress consents to designate India's NAVIC as allied system
Indigenously developed, NAVIC is an autonomous regional satellite navigation system that provides accurate real-time positioning and timing services. As per the NDAA 2020, approved by a bicameral conference report, the NAVIC system of India would be treated as “allied system” at par with the Galileo system of the European Union and QZSS of Japan.
Euro buoyed before ECB meeting as Fed forecast knocks dollar
The euro was up 0.1 per cent at $1.1136 from Wednesday's high of $1.1145.
Boris Johnson wins UK's Brexit election, hails ‘powerful mandate'
The Conservatives have taken a string of former Labour strongholds, with Labour having lost seats in the north of England, Midlands and Wales in areas that voted to leave the EU in the 2016 referendum. Johnson, who won his own seat in London's Uxbridge and South Ruislip, hailed the projected win for his Conservative Party as a “powerful new mandate”.
RBI likely to resume dovish stance from FY21: Nomura
Nomura expects fiscal policy to play a bigger role in reviving growth.
DGH launches single window clearance system
The Directorate General of Hydrocarbons (DGH) has launched a single window clearance system that connects upstream companies to different arms of the government, allows electronic filing of most applications.
India's rising retail prices stoke worries of stagflation
Annual retail inflation increased to 5.54% last month, faster than the 4.62% rate in October.
ECB holds its deposit rate at record low - 0.5% while keeping option of another rate cut firmly on table
The European Central Bank kept its ultra-easy monetary policy unchanged at Christine Lagarde's first meeting in charge on Thursday, even kee...
ECB keeps rates steady in Lagarde’s first meeting
The ECB held its deposit rate at a record low minus 0.5% while keeping the option of another rate cut firmly on the table.
Rupee pares early gains to settle marginally up at 70.83
A spike in crude oil prices and fears of further rise in retail inflation also capped the rupee gains.
Buy Motherson Sumi Systems, price target Rs 140: CK Narayan
The analyst suggested a stoploss at Rs 130.
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