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Banks may have to disclose detailed capital, liquidity and risk data under Basel III norms

The Reserve Bank of India (RBI) on Tuesday proposed a revised disclosure framework under Basel III norms that would require banks to publish more detailed information on capital adequacy, leverage, liquidity and risk exposure, in a move aimed at strengthening transparency and market discipline, PTI reported.Under the proposed framework, banks would be required to make…

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CEA Nageswaran says India facing ‘live balance of payments stress test’: What it means

India appears to be facing one of its toughest economic challenges in recent years. (AI image) India appears to be facing one of its toughest economic challenges in recent years. Oil, gold, fertiliser and other commodity prices are elevated. The foreign portfolio investors are continuing to sell. Imports remain unabated. Exports are facing headwinds. Remittances…

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Why was Mohammed Shami not considered for Afghanistan Test? Chief selector Ajit Agarkar reveals

NEW DELHI: Board of Control for Cricket in India (BCCI) chairman of selectors Ajit Agarkar on Tuesday said there were no discussions around Mohammed Shami’s return to Test cricket, adding that the pacer is currently only “ready for T20 cricket” despite playing an entire domestic season.The comments came after the BCCI announced India’s squads for…

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Dow drops nearly 400 points as tech rally cools; Nvidia earnings in focus

US stock markets extended losses on Tuesday, with Wall Street moving further away from record highs as technology stocks lost momentum and investors remained cautious over rising bond yields, oil price volatility and geopolitical uncertainty.The S&P 500 declined 0.5 per cent and was headed for its third consecutive decline after recently touching a record high….

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‘Need more sambandh’: Iceland PM draws attention to ‘purely Icelandic word’ with PM Modi on stage at Nordic conference

NEW DELHI: Iceland PM Kristrún Frostadóttir drew attention to the word “sambandh,” noting its linguistic and emotional resonance between India and Iceland. Speaking during the India-Nordic Summit on Tuesday, the remarks came in response to Prime Minister Narendra Modi’s use of the word where he highlighted that in several Nordic languages, the word had the…

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