4 min read Last Updated : Jul 08 2024 | 11:17 PM IST By Tom Rees, Damian Shepherd and Joe Mayes Chancellor of the Exchequer Rachel Reeves vowed to “get Britain building again,” as she unveiled a slew of planning reforms including restoring mandatory local housing targets ditched by the previous Conservative government and ending…
What’s your sign? This may be one of the cheesiest pickup lines in creation, but devotees of astrology say they can get insights into someone’s personality and habits by their star sign. Related: Analyst resets Google-parent Alphabet’s stock price target after survey Leos are said to be fiercely proud and confident, while Scorpios have been…
1 min read Last Updated : Jul 08 2024 | 11:23 PM IST Key challenges RBI’s stipulation of priority sector lending which is restricted to loans up to Rs 30 cr isn’t helping RE firms Faster closure of bidding process till power purchase agreement is signed with selected developers Adherence to renewable purchase obligations…
After consolidating capital adequacy, improving profitability and asset quality, regional rural banks (RRBs) will now focus on diversification of lending products to small and medium enterprises (SMEs) for value addition in agriculture chain and allied sectors. The top priority will be upgrading the technology platform for digital banking for retaining existing customers and attracting new…
2 min read Last Updated : Jul 08 2024 | 10:50 PM IST FMCG firm Nestle India on Monday said its shareholders have approved to continue paying royalty to its parent firm at the current rate of 4.5 per cent of the net sales. Earlier in May this year, the shareholders of the company had…
JPMorgan Chase Bank (JPM) is contemplating a major change that will put extra strain on customers’ wallets in response to a recent crackdown by the U.S. government. The bank, which has roughly 86 million customers, is reportedly planning to charge customers for a plethora of services, that have historically been free, such as having checking…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sequoia Capital’s former China unit has raised an Rmb18bn ($2.5bn) fund, defying a fundraising freeze that has hit rivals and building its war chest to invest in technology start-ups in the country. HongShan, the Beijing-based…
Achieving higher local value addition in electronic product manufacturing is one of the biggest challenges in India due to the absence of electronic components. 3 min read Last Updated : Jul 08 2024 | 10:45 PM IST Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million over the next…
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. At least 33 people were killed and more than 140 injured after Russian missiles on Monday struck cities across Ukraine including Kyiv, where the country’s main children’s cancer hospital was hit. Kyiv mayor Vitali…
1 min read Last Updated : Jul 08 2024 | 10:32 PM IST Since Covid-19, online grocery delivery has evolved in Tier-I and -II. This has now reached Tier-III and -IV. LocalCircles conducted a study to find how consumers are buying groceries online. 24 hrs the new delivery time for online platforms Blinkit, Swiggy Instamart,…