Nice of CSK to play me in the 1st match: Harbhajan Singh after heroics vs RCB
Harbhajan Singh roared back to form on Saturday with a three-wicket haul that rocked the top-order of the Royal Challengers Bangalore in the IPL 2019 opener at Chepauk. MS Dhoni’s decision to play three specialists spinners paid rich dividends for the home side as they made the most of the turning track at the MA […]
This week update
Centre must not look upon the Reserve Bank as a cash cow: ex-RBI board member
The central government being fiscally dependent on the Reserve Bank of India (RBI) is undesirable, according to Dr. Indira Rajaraman, former member of RBI’s central board. Delivering the Nani Palkivala Memorial lecture in the city on Saturday, she said, “The ₹68,000 crore that the RBI has paid to the government in the form of dividend […]
RBI defers implementing Ind AS, yet again
The Reserve Bank of India (RBI) has deferred the implementation of the new accounting norms, Ind AS, indefinitely, as necessary amendments to the relevant law are yet to be made. The move will bring huge relief to the banks which are yet to recognise stressed assets and make necessary provisions as that would require higher […]
Discount brokers gain pace, eye millennials
Discount broking, which till recently was looked upon as an evolving industry in India, is now gaining pace and is soon expected to be on par with full-service broking before even gaining a majority share of the market. Leading discount broking players are registering strong growth in client acquisition and overall business volumes and, according […]