MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash......

Spectrum auctions: Airtel likely to edge past Jio

Bharti Airtel may end up cumulatively bidding for more spectrum than market leader Reliance Jio in the upcoming auctions. Photograph: Rupak De Chowdhuri/Reuters This is owing to its need for......

Gold loan business is shining as regulatory scrutiny of sector grows

In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. Illustration: Dominic......

Lenders retain AIF holdings even as RBI deadline nears

Alternative investment funds (AIFs) have not seen any significant redemptions from financial institutions even though the 30-day timeline provided by the Reserve Bank of India (RBI) to liquidate......