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Reserve Bank of India governor Shaktikanta Das speaking at the 13th Mint Annual Banking Conclave in Mumbai (Photo: Aniruddha Chowdhury/Mint)

2 min read . 12:47 AM IST Shayan Ghosh
  • At 13th Mint Annual Banking Conclave in Mumbai, the RBI governor criticized the practice of loan waivers by saying that any kind of generalized loan waiver is credit negative
  • 'I would like to say that perhaps the RBI was among the early ones that noticed that the growth momentum was slowing down,' said Das

From The Wall Street Journal

Prime Minister Narendra Modi, US President Donald Trump and First Lady Melania Trump during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad, Monday (Photo: PTI)

The best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream

Mint Annual Banking Conclave: Discussing the $5 trillion economy challenge

24 Feb 2020

As the country is working towards achieving the $5 trillion economy set forth by Prime Minister Narendra Modi, there are several challenges in place. At the Mint Annual Banking Conclave, the best minds from the banking sector discuss, debate and develop ideas on how the Indian banking sector can be a catalyst to achieve the dream, while battling numerous risks, challenges and global volatility.

A file photo of commuters in a train in Lisbon, Portugal. The European Commission is calling for nothing short of a European common data market, like its economic common market (Photo: Alamy)

(Photo: AP)

Prime Minister Narendra Modi shakes hands with US President Donald Trump during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad (Photo: PTI)

Ambani said gaming can become bigger than music, movies and TV shows put together during a fireside chat with Nadella. pti

Harvey Weinstein, former co-chairman of the Weinstein Co., center, arrives with his attorney Donna Rotunno, left, at state supreme court in New York. (Bloomberg)

Harvey Weinstein found guilty in landmark #MeToo moment

7 min read . 24 Feb 2020 AP
  • Harvey Weinstein was found guilty of criminal sex act for assaulting production assistant Mimi Haleyi at his apartment in 2006 and third-degree rape of a woman in 2013
  • The jury of seven men and five women took five days to find him guilty

Shaktikanta Das also said that slowing domestic credit growth is another challenge and banks should therefore focus on credit off-take.

The biggest concern for investors is BHEL’s negative operating cash flows. (Bloomberg )

Berkshire Hathaway Chairman Warren Buffett. (REUTERS)

Warren Buffett calls coronavirus outbreak 'scary stuff'

2 min read . 24 Feb 2020 Jonathan Stempel , Reuters
  • Warren Buffett said Berkshire over the long term is unlikely to be in the top 15% or bottom 30% of stocks, but will outperform in down markets
  • Warren Buffett, however, said long-term investors should not get caught up in daily headlines

(Photo: Reuters)

Protesters hurl stones and brickbats during clashes at Jaffrabad on Monday. (PTI)

Most manufacturers in the Indian market will be directly or indirectly impacted by the shutdown in China. (HT)

Photo: Mint

HUL sells popular brands such as Dove, Surf Excel, and Kissan sauce.. Photo: Reuters

US First Lady Melania Trump. (AP)

Streaming service Gaana dominated the market with a 30% share, followed by JioSaavn (24%), Wynk Music (15%), Spotify (15%).

A maze of crude oil pipes and valves. (REUTERS)

(Photo via treebo.com)

US Federal Communications Commission Chairman Ajit Pai. (AP)

US President Donald Trump gestures next to first lady Melania Trump as they tour the historic Taj Mahal, in Agra. (REUTERS)

Reliance Industries chairman Mukesh Ambani during the Future Decoded CEO Summit in Mumbai on Monday (ANI )

New India welcomes Donald Trump in 2020: Mukesh Ambani

1 min read . 24 Feb 2020 IANS
  • Trump and family received a rousing welcome from an estimated 1.10 lakh people at the Motera stadium
  • Ambani said that Motera stadium is a shining example of how India is progressing ahead

World trade has seen a tectonic shift in the last couple of years as production activity has become extremely specialized and globalized

India’s trade deal with the US is just a matter of time

3 min read . 12:21 AM IST Karan Bhasin
  • Bilateral trade between the US and India has been increasing, with the US recently surpassing China to become India’s biggest trading partner
  • Historically, India’s trade agreements have not given its exporters the kind of benefits that were expected

Photo: Reuters

After crossing 30,000 rupees per gram in 2012, it stayed relatively flat for nearly 7 years.

A bit of gold can help reduce volatility

4 min read . 24 Feb 2020 Neil Borate
  • Investment in gold versus equity can reduce your overall portfolio returns, but it also helps check volatility. Experts suggest 5-10% allocation to gold
  • Gold has a low to negative correlation with equity, which makes it a good portfolio diversifier

An improvement in key markets and Infosys’s higher growth is also drawing investors. (REUTERS)

Telecom secretary Anshu Prakash (File photo: PTI)

People greet President Trump as his motorcade heads towards Motera stadium in Ahmedabad on Monday. (Photo: AP)

US President Donald Trump. (PTI)

Opinion | The evident potential of a tighter American embrace

5 min read . 24 Feb 2020 Ajit Ranade

Both countries have a vital role to play in firming up the global governance of key domains

Bharti Airtel and Vodafone Idea, are customers of the two tower companies.

Hundreds of people have been protesting against CAA in Delhi’s Shaheen Bagh for more than two months. (Photo: PTI) (Photo: PTI)

SC adjourns hearing as Shaheen Bagh mediators file report

1 min read . 12:49 AM IST Prathma Sharma
  • Advocates Sanjay Hegde and Sadhana Ramachandran, tasked to convince protesters at Shaheen Bagh to change venue of their agitation, submitted their report in a sealed cover to the top court
  • Hundreds of people have been on a sit-in demonstration along a stretch in Shaheen Bagh to protest against CAA for over 2 months

Photo: iStock

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