May 23, 2016 - This OPEC member is the next big wild card for oil

TradeBriefs Newsletter
View online   Advertise
              from India Finance






Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Martin Couney displayed premature babies in incubators as entertainment, amongst Coney Island's various exhibits in the early 1900s. He charged visitors 25 cents each to view these "exhibits". The babies were dressed in clothes that were intentionally bigger and with bow-ties, which exaggerated the effect of them being tiny. Couney was shunned by the medical establishment, and condemned by many as a self-publicist and charlatan. Now, what if I told you he was an unlikely medical pioneer. He gave life to thousands of babies where hope was lost (In America, many doctors at the time held the view that premature babies were genetically inferior "weaklings" whose fate was a matter for God.). His incubators were state-of-the-art and his nurses well-paid. Keeping premature babies alive was hideously expensive, but he did not charge his patients a dime, as the public paid for it, through his exhibitions. Today Couney's legacy is being re-examined by doctors, and many of Couney's "babies" speak proudly in his defence. More on this story here

India’s Banking System Has A ‘Cold, Not Cancer’, Says Aditya Puri

HDFC Bank’s Aditya Puri on India’s banking system and the proverbial ‘ladoo’. 

Read More


Today's TradeBriefs Cartoon

Eight core industries’ output contracts 0.8 pc in September

The production of eight core sectors had contracted 5.1 per cent in September 2019, data released by the Commerce and Industry Ministry showed on Thursday.

Read More
Global firms, IIM-A submit bids for making UP $1-trillion economy by 2025

Bidders include Boston Consulting, Grand Thorton, Nangia and Co, Deloitte Touche Tohmatsu India and IIM-Ahmedabad.

Read More
Foreign listing of Indian startups: Whether exit window for Chinese investors?

From the FDI Circular, it appears that the Indian government has a right to approve any transaction in which a Chinese investor may have any beneficial ownership interest.

Read More
Lenders consider taking control of fraud-hit Sambandh Finserve

More than 30 lenders have a collective exposure of about Rs 400 crore to the company, which started defaulting since the beginning of this month. Sambandh actually has assets under management of Rs 140 crore, while it officially declared an inflated figure of Rs 383 crore.

Read More
NBFCs should avoid 'zombie lending': Chief Economic Adviser KV Subramanian

CEA KV Subramanian was referring to the situation where lending institutions continued to lend to borrowers that did not have the capacity to repay their debt, leading to a deteriorating asset quality that did not show up on the books of accounts of these lenders and eventually resulted in non-performing assets crisis.

Read More
RBI slaps Rs 22 lakh fine on DCB Bank over violation of marketing norms

RBI had conducted an off-site examination of the records related to para-banking activity in a matter of default on the National Spot Exchange Ltd (NSEL)

Read More
India's largest neo-bank 'InstantPay' eyes Rs 350 crore revenue in FY21

India's largest neo-bank 'InstantPay' eyes Rs 350 crore revenue in FY21

Read More
SBI raises $1 billion loan with JBIC to assist Japanese auto manufacturers in India

The loan is intended to promote smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India.

Read More
IDBI Bank aims to raise up to ₹6,000 crore via share placement

It would be the first time in many years that IDBI Bank will be seeking funds from investors via a share sale.The bank reported a net profit of ₹324 crore for the quarter ended 30 September

Read More
Remittances to India to drop by 9% in 2020: World Bank report

India followed by China, Mexico, the Philippines, and Egypt continue to be the top five countries in 2020 to receive foreign remittances, the World Bank said in its latest report.Get latest India online at cnbctv18.com

Read More
Brookfield promotes Anuj Ranjan to head Europe, Asia private equity

The dealmaker will work out of London and Dubai starting from next year.He will also work to build Brookfield’s relationships with large companies and families globally

Read More
MSMEs backbone of economy, can boost exports: Nitin Gadkari

India Business News: Union minister Nitin Gadkari on Thursday said micro, small and medium enterprises (MSMEs) are the backbone of the economy and can help in boosting exp

Read More
2+2 dialogue brought 'unprecedented cooperation' between India, US: Lawmakers

The achievements of the 2+2 dialogue, including the BECA geo-spatial cooperation agreement, add to a successful month, during which our two nations deepened the Quad framework with Japan and Australia, and welcomed Australia into the quadrilateral maritime Exercise Malabar, the lawmaker said.

Read More
Loan Moratorium: Compound Interest relief to be auto-credited in account, says Finance Ministry

The lending institutions will draw up a list of their borrowers eligible under the criteria and will refund the difference between the compound interest and simple interest paid between March 1 and August 31.

Read More
SBI targets digital delivery of retail loans by June: MD

In order to keep up with incumbent banks as also fintech players, traditional NBFCs must look to diversify their customer base as that offers scope for partnerships, he said.

Read More
The Politics of a $5 Trillion Economy

Speaking to ET, PM Narendra Modi was confident the economy would recover fast from the Covid slump, and, indeed, of building a $5 trillion economy by 2024. Considering that the economy would likely attain the...

Read More
India’s banks are like cricket team of 1990s, says CEA Subramanian

K V Subramanian said that while regulators are mandated to monitor, at an individual level, every NBFC needs to monitor its rollover and inter-connectedness risks.

Read More
TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India