RBI to align bank disclosure norms with global standards

MUMBAI: RBI’s new disclosure norms will put unlisted banks at par with listed peers, standardise reporting formats and units, and make global comparisons of Indian lenders much easier by mandating uniform, template-driven disclosures.The new norms prescribe globally aligned reporting architecture that mirrors Basel standards, addressing the third of the three pillars of the globally accepted…

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Indian Railways eyes 350 kmph speeds with its next indigenous bullet train; first one to have 280 kmph potential

Indigenous bullet train at 350 kmph! Railway Minister Ashwini Vaishnaw on Tuesday said India’s next-generation bullet train is being planned with a top speed of 350 kilometres per hour. He added that work on the train’s design is expected to commence within the next six months.The 508-kilometre Mumbai-Ahmedabad High-Speed Rail Corridor, launched in 2016, is…

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Insolvency resolution drops to 13-quarter low

NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022…

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TCS staff cites salary cut after appraisal, co disagrees

BENGALURU: TCS’ appraisal letters have triggered employee reactions, with some alleging reductions in CTC and downgrades in their performance bands. Discussions have also intensified around a drop in take-home salaries following changes linked to the implementation of new labour codes. The debate concerns the exclusion of gratuity from cost-to-company (CTC) under TCS’s revised compensation structure….

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Stock Market Live Updates Today: BSE Sensex opens over 600 points down; Nifty50 goes below 23,500

“Indian equity markets were expected to open on a cautious negative note, with Gift Nifty trading at 23,431 down by 133 points. Global equities remained muted following weak cues from the US markets, as investors turned cautious amid rising bond yields and persistent geopolitical uncertainties.In the previous session, The Nifty 50 erased early gains due…

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