RBI to boost real-time, offsite monitoring of bank records

MUMBAI: RBI governor Sanjay Malhotra said that the regulator plans to increase offsite surveillance of banks in real-time. Historically, RBI has been conducting onsite supervision of the records of banks largely through annual financial inspections and targeted inspections under a risk-based supervision framework focusing on core areas like capital adequacy, asset quality, management, earnings liquidity…

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Debut debacle: It’s raining startup IPOs but stock prices are in slump | India News

MUMBAI: Even as startups are increasingly rushing to Dalal Street, buoyed by a booming primary market, many of the large, listed companies are trading below their IPO offer price, raising concerns over the long-term value they can generate for investors.Stock prices of close to 10 startups including Swiggy, FirstCry, Paytm, Ola Electric and Delhivery are…

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Faking your location? HR knows

BENGALURU: Corporate forensic teams and background verification firms are flagging cases of location spoofing, particularly among hybrid employees and gig workers. In several instances, employees have been pulled up after allegedly misrepresenting their actual work location, with such discrepancies surfacing during random audits, compliance checks, or client reviews.Investigations found that some used travel routers or…

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India outlook: Reforms put wind in its sails amid global headwinds; PMO’s Shaktikanta Das maps the road ahead

India is at the cusp of a historic economic journey, with government policies and reforms giving the country “wind in its sails” even as global trade uncertainties intensify, Principal Secretary to the Prime Minister Shaktikanta Das said on Friday.Delivering the inaugural Bibek Debroy Memorial Lecture, Das said India has emerged stronger from successive global shocks…

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India–US trade talks: Did a missed Modi–Trump call stall the deal? GTRI flags deeper policy gaps

A remark by US Commerce Secretary Howard Lutnick blaming the lack of a personal phone call from PM Narendra Modi for the stalled India–US trade deal does not stand up to scrutiny and diverts attention from substantive policy differences, the Global Trade Research Initiative (GTRI) said in a report released on Friday.In an interview on…

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