Financial Express Mumbai - June 09, 2023
Financial Express Mumbai - June 09, 2023
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In this issue
June 09, 2023
RBI signals long pause
REPO RATE, TIGHTENING STANCE UNCHANGED. FY24 INFLATION FORECAST TRIMMED, GDP'S RETAINED
4 mins
IBBI proposes preferential voting for CoCs
Move to increase chances of nod to resolution plans
2 mins
Altman, PM talk Al regulation
OpenAI looking to fund Indian startups
1 min
First-time buyers driving Tata EV sales with 23% share
TIAGO EV GETTING 50% BOOKINGS FROM OUTSIDE TOP 20 CITIES
2 mins
Electronic components scheme outlay likely to rise to ₹10K crore
Talks on to identify more components that can be made in India
2 mins
IMD declares monsoon arrival
MOST DELAYED ARRIVAL IN FOUR YEARS
2 mins
Vedanta trims gross debt to $7.8 billion
LONDON-HEADQUARTERED VEDANTA RESOURCES' (VRL) gross debt has fallen 20.40% to $7.8 billion from $9.8 billion in the 12 months to March 2023.
1 min
IT firms lure staff back to office with freebies
OPEN BRANCHES IN SMALLER CITIES TOO
2 mins
DoT panel against telcos' demand on equipment testing
Telecom operators have sought another extension in deadline
2 mins
Firms say easing inflation could spur demand
COMPANIES ACROSS SECTORS such as real estate, automotive and consumer goods have welcomed the Reserve Bank of India's (RBI's) temporary pause to rate hikes.
2 mins
RBI permits FLDG between fintechs & banks, NBFCs
THE RBI ON Thursday issued first loss default guarantee (FLDG) guidelines for digital lenders. The central bank has allowed a 5% default loss cover for bank-fintech deals.
1 min
Euro zone slips into recession
GDP for 20 country bloc falls by 0.1%
2 mins
UK to lead way on Al safety, says Sunak
BRITISH PRIME MINISTER Rishi Sunak, who is on a visit to the US, on Thursday announced plans for a first-ever global summit on artificial intelligence (AI) later this year, bringing together key countries, leading tech companies and researchers to agree on safety measures to evaluate and monitor Al's most significant risks.
1 min
Microsoft, Google strategy to test AI search ads irks brands
ALPHABET'S GOOGLE AND Microsoft are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands and risks further pushback from the industry, ad buyers told Reuters.
1 min
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
The Financial Express is the best source of information on Business, Finance, Stock Markets, Equity market, Economy, companies and Industries.
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