Reserve Bank of India governor Shaktikanta Das speaking at the 13th Mint Annual Banking Conclave in Mumbai (Photo: Aniruddha Chowdhury/Mint)
Reserve Bank of India governor Shaktikanta Das speaking at the 13th Mint Annual Banking Conclave in Mumbai (Photo: Aniruddha Chowdhury/Mint)

Wary of inflation, but there is further space for rate cuts: RBI’s Das

  • At 13th Mint Annual Banking Conclave in Mumbai, the RBI governor criticized the practice of loan waivers by saying that any kind of generalized loan waiver is credit negative
  • 'I would like to say that perhaps the RBI was among the early ones that noticed that the growth momentum was slowing down,' said Das

From The Wall Street Journal
Prime Minister Narendra Modi, US President Donald Trump and First Lady Melania Trump during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad, Monday (Photo: PTI)
Prime Minister Narendra Modi, US President Donald Trump and First Lady Melania Trump during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad, Monday (Photo: PTI)

Trump’s maiden visit heralds a new dawn for India-US relations

  • Trump pitches to widen scope of relations; Modi says this marks a new chapter for two nations
  • The visit comes against the backdrop of India seeking to bolster its strategic partnership with the US

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The best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream
The best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream

Mint Annual Banking Conclave: Discussing the $5 trillion economy challenge

As the country is working towards achieving the $5 trillion economy set forth by Prime Minister Narendra Modi, there are several challenges in place. At the Mint Annual Banking Conclave, the best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream, while battling numerous risks, challenges and global volatility.

A file photo of commuters in a train in Lisbon, Portugal. The European Commission is calling for nothing short of a European common data market, like its economic common market (Photo: Alamy)
A file photo of commuters in a train in Lisbon, Portugal. The European Commission is calling for nothing short of a European common data market, like its economic common market (Photo: Alamy)

What India can learn from EU’s data dreams

Europe has unveiled a startup-fuelled plan to take on US and Chinese dominance in data. India must tune in

(Photo: AP)
Prime Minister Narendra Modi shakes hands with US President Donald Trump during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad (Photo: PTI)
Prime Minister Narendra Modi shakes hands with US President Donald Trump during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad (Photo: PTI)

India’s rise as a prosperous democratic nation inspiring, says Trump

  • Trump urged the government to begin a peace process with Pakistan, a country seen as vital to the US
  • 'US and India are firmly united in our ironclad resolve to defend our citizens from the threat of radical Islamic terrorism,' said Trump in Ahmedabad

Ambani said gaming can become bigger than music, movies and TV shows put together during a fireside chat with Nadella. pti
Ambani said gaming can become bigger than music, movies and TV shows put together during a fireside chat with Nadella. pti

Nadella pins hopes on Jio partnership to help propel India forward

  • Microsoft-Jio pact will define new decade, says RIL chief Mukesh Ambani
  • In August 2019, Reliance Industries announced a 10-year technology partnership with Microsoft for its subsidiary Reliance Jio Infocomm, including for cloud-based solutions

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Harvey Weinstein, former co-chairman of the Weinstein Co., center, arrives with his attorney Donna Rotunno, left, at state supreme court in New York. (Bloomberg)
Harvey Weinstein, former co-chairman of the Weinstein Co., center, arrives with his attorney Donna Rotunno, left, at state supreme court in New York. (Bloomberg)

Harvey Weinstein found guilty in landmark #MeToo moment

  • Harvey Weinstein was found guilty of criminal sex act for assaulting production assistant Mimi Haleyi at his apartment in 2006 and third-degree rape of a woman in 2013
  • The jury of seven men and five women took five days to find him guilty

Shaktikanta Das also said that slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take.
Shaktikanta Das also said that slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take.

Banks must prepare themselves against impact of coronavirus: RBI governor

  • Das says a slowing global growth would add to the stress on the Indian corporate balancesheet and thereby on banks
  • RBI governor also says slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take

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The biggest concern for investors is BHEL’s negative operating cash flows. (Bloomberg )
Berkshire Hathaway Chairman Warren Buffett. (REUTERS)
Berkshire Hathaway Chairman Warren Buffett. (REUTERS)

Warren Buffett calls coronavirus outbreak 'scary stuff'

  • Warren Buffett said Berkshire over the long term is unlikely to be in the top 15% or bottom 30% of stocks, but will outperform in down markets
  • Warren Buffett, however, said long-term investors should not get caught up in daily headlines

(Photo: Reuters)
Protesters hurl stones and brickbats during clashes at Jaffrabad on Monday. (PTI)
Most manufacturers in the Indian market will be directly or indirectly impacted by the shutdown in China. (HT)
Photo: Mint
HUL sells popular brands such as Dove, Surf Excel, and Kissan sauce.. Photo: Reuters
US First Lady Melania Trump. (AP)
Streaming service Gaana dominated the market with a 30% share, followed by JioSaavn (24%), Wynk Music (15%), Spotify (15%).
Streaming service Gaana dominated the market with a 30% share, followed by JioSaavn (24%), Wynk Music (15%), Spotify (15%).

Mumbai and Delhi stream more music than any other Indian city

  • People in Mumbai spend more time listening to music, followed by Delhi, Bengaluru and Hyderabad
  • About 13 million adults listened to an audio streaming app during the month, with an average person spending 65 minutes a day listening to music

A maze of crude oil pipes and valves. (REUTERS)
(Photo via treebo.com)
US Federal Communications Commission Chairman Ajit Pai. (AP)
US President Donald Trump gestures next to first lady Melania Trump as they tour the historic Taj Mahal, in Agra. (REUTERS)
US President Donald Trump gestures next to first lady Melania Trump as they tour the historic Taj Mahal, in Agra. (REUTERS)

Roads leading to ITC Maurya fortified, hotel put under heavy security cover

  • Delhi Police is also working in close coordination with civic bodies
  • The entry and exit to the hotel is being strictly monitored by security agencies and it has not taken any bookings till Trump is in Delhi

Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai on Monday (ANI )
Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai on Monday (ANI )

New India welcomes Donald Trump in 2020: Mukesh Ambani

  • Trump and family received a rousing welcome from an estimated 1.10 lakh people at the Motera stadium
  • Ambani said that Motera stadium is a shining example of how India is progressing ahead

World trade has seen a tectonic shift in the last couple of years as production activity has become extremely specialized and globalized
World trade has seen a tectonic shift in the last couple of years as production activity has become extremely specialized and globalized

India’s trade deal with the US is just a matter of time

  • Bilateral trade between the US and India has been increasing, with the US recently surpassing China to become India’s biggest trading partner
  • Historically, India’s trade agreements have not given its exporters the kind of benefits that were expected

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Long Reads
Photo: Reuters
After crossing  ₹30,000 rupees per gram in 2012, it stayed relatively flat for nearly 7 years.
After crossing 30,000 rupees per gram in 2012, it stayed relatively flat for nearly 7 years.

A bit of gold can help reduce volatility

  • Investment in gold versus equity can reduce your overall portfolio returns, but it also helps check volatility. Experts suggest 5-10% allocation to gold
  • Gold has a low to negative correlation with equity, which makes it a good portfolio diversifier

An improvement in key markets and Infosys’s higher growth is also drawing investors. (REUTERS)
Plain Facts
Telecom secretary Anshu Prakash (File photo: PTI)
Mark to Market
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People greet President Trump as his motorcade heads towards Motera stadium in Ahmedabad on Monday.  (Photo: AP)
US President Donald Trump. (PTI)
US President Donald Trump. (PTI)

Opinion | The evident potential of a tighter American embrace

Both countries have a vital role to play in firming up the global governance of key domains

Bharti Airtel and Vodafone Idea, are customers of the two tower companies.
Hundreds of people have been protesting against CAA in Delhi’s Shaheen Bagh for more than two months. (Photo: PTI) (Photo: PTI)
Hundreds of people have been protesting against CAA in Delhi’s Shaheen Bagh for more than two months. (Photo: PTI) (Photo: PTI)

SC adjourns hearing as Shaheen Bagh mediators file report

  • Advocates Sanjay Hegde and Sadhana Ramachandran, tasked to convince protesters at Shaheen Bagh to change venue of their agitation, submitted their report in a sealed cover to the top court
  • Hundreds of people have been on a sit-in demonstration along a stretch in Shaheen Bagh to protest against CAA for over 2 months

Photo: iStock
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