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Robust regulatory framework needed to deal with ‘open banking’ challenges: Experts
An expert pitched for a three-level governance model to deal with security issues, stressing that with open API and disruptive innovations regulated entities will integrate even deeper with the external world
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Ten states account for over 71% of new COVID-19 cases
Maharashtra has reported the highest daily new cases at 56,578. It is followed by Karnataka with 47,563 while Kerala reported 41,971 new cases
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Exports rise 80% to $7 billion during May 1-7
Imports too rose by 80.7% to $8.86 billion during May 1-7, 2021 as against $4.91 billion in the same period last year and $10.39 billion in 2019
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FPIs withdraw Rs 5,936 crore from equities in May amid worries over 2nd COVID wave
Foreign investors had pulled out Rs 9,659 crore in April after infusing money in the preceding six months, according to the depositories' data
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India Inc steps up to shoulder COVID-induced challenges
As the country battles with the second wave of the pandemic, companies are tweaking policies on loans, insurance and leaves to help employees take care of themselves and their families
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Lockdown in Delhi extended till May 17; Metro services suspended, curbs on weddings at public places
Delhi Chief Minister Arvind Kejriwal said although COVID-19 cases have come down in the last few days, any slackness would squander the gains achieved so far in the current wave of the pandemic
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Pay only for IPL matches played so far, Star tells worried sponsors and advertisers
Only 29 games were played before the pandemic halted this year's IPL. Star Sports had sold slots during the match to advertisers for the season
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MFs on buying spree for 2nd month in a row, infuse Rs 5,526 cr in equities in April
Investment by mutual funds in equities will continue in coming months seeing the increase in user growths as multiple fintech players are entering into this space, says an industry expert
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M-cap of eight of top-10 most-valued companies zooms by Rs 81,250.83 crore
The market valuation of TCS jumped Rs 34,623.12 crore to reach Rs 11,58,542.89 crore. Hindustan Unilever Ltd added Rs 13,897.69 crore to take its valuation to Rs 5,66,950.71 crore
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Earnings, COVID-19 updates, macro data to guide market sentiment: Analysts
Investors seem to have factored in the heightened daily COVID cases and are currently looking beyond the short-term impact, say analysts
