Page 11 - Bs Web Reports
Covid-19 cases in India at four-month high: Everything you need to know
Covid-19 review meet: Prime Minister Narendra Modi on Wednesday highlighted that Covid in India is 'far from over' and there is a need to monitor the status of cases across the country regularly
PAN-Aadhaar link status: Are your cards already linked? Learn how to check
PAN-Aadhaar link last date: The Income Tax Department has fixed the last date to link the two cards as March 31, 2023, but the users will have to pay a penalty of Rs 1,000
Indian banks resilient; AT1 bond market to remain unaffected: Report
During FY23, HDFC Bank was the only private sector lender that raised capital using AT1 bonds
Fixed deposit interest rates to go up again? RBI hits at another hike
In the bulletin, the RBI said that the Indian economy is unlikely to face any major repercussions from the ongoing global financial turmoil
 "Fixed deposit interest rates to go up again? RBI hits at another hike")
In a bid to bolster its leadership, Shemaroo makes two key appointments
Arpit Mankar has been appointed head of the non-Bollywood category, and Abhishek Joshi will lead the OTT platform of Shemaroo, ShemarooMe
 "In a bid to bolster its leadership, Shemaroo makes two key appointments")
Demystifying Nithyananda's self-proclaimed country United States of Kailasa
The 'nation' made it to headlines again in February this year when its 'representatives' attended a discussion conducted by the United Nations in Geneva
 "Demystifying Nithyananda's self-proclaimed country United States of Kailasa")
After UBS merger, Credit Suisse planning layoffs in India back offices
Credit Suisse's equity strategists Neelkanth Mishra and Ashish Gupta recently quit and joined the Axis Bank group. These positions are likely to be filled by USB analysts
 "After UBS merger, Credit Suisse planning layoffs in India back offices")
PNB, IOB, DCB bank to offer AT1 bonds; may have to offer premium rates
It is important to note that AT1 bonds are unsecured, perpetual bonds that banks issue to improve their core capital base
 "PNB, IOB, DCB bank to offer AT1 bonds; may have to offer premium rates")
How Elon Musk's empire has made him a problem for the Biden administration
Elon Musk's unilateral decision-making, which more often than not is opposite to the official stance of the US, has caused a headache for the Biden government, and it is difficult to shrug off
 "How Elon Musk's empire has made him a problem for the Biden administration")
What are AT1 bonds, and why are Credit Suisse's worth $17 bn now wiped out?
The wipeout of $17 billion worth of AT1 bonds in the UBS-Credit Suisse deal has spooked investors as they now assess if this can happen to their AT1 holdings in other banks as well
 "What are AT1 bonds, and why are Credit Suisse's worth $17 bn now wiped out?")
BS VI phase 2: Hyundai joins peers, bids farewell to diesel engine sedans
Diesel engine vehicles have seen a steep hike in prices after the second phase of BS-VI norms was implemented by the government
 "BS VI phase 2: Hyundai joins peers, bids farewell to diesel engine sedans")
Windfall tax on crude oil slashed to Rs 3,500/tonne, duty on diesel hiked
Petrol and Aviation Turbine Fuel (ATF) have been exempted from the export levy
 "Windfall tax on crude oil slashed to Rs 3,500/tonne, duty on diesel hiked")
India to see avg salary hikes of 10.2% in 2023, biggest in e-commerce: EY
Average salary hikes in India will be lower in 2023 compared to 2022, says EY's 'Future of Pay 2023' report. E-commerce, professional services and IT to the biggest hikes
 "India to see avg salary hikes of 10.2% in 2023, biggest in e-commerce: EY")
WhatsApp introduces new features for groups, gives more control to admins
Mark Zuckerberg, CEO of WhatsApp parent Meta, introduced the features on his Instagram Broadcast channel
 "WhatsApp introduces new features for groups, gives more control to admins")
Metros continue to dominate Tier-2 cities in residential real estate market
The year 2022, saw maximum residential property sales in the last eight years, with total absorption increasing by 28 per cent year-on-year, according to a recent report
 "Metros continue to dominate Tier-2 cities in residential real estate market")
Crypto exchange WazirX blocked 2,431 accounts between Oct 2022-March 2023
WazirX received 431 requests from law enforcement agencies, against a total transaction volume of $390 million during the above-mentioned period
 "Crypto exchange WazirX blocked 2,431 accounts between Oct 2022-March 2023")
Amid staff shortage, peak demand, Air India to cancel long-haul flights
As of now, six weekly flights to the US, three to Newark and three to San Francisco, will be trimmed due to a crew shortage for the coming 2-3 months, said CEO & MD of Air India, Campbell Wilson
 "Amid staff shortage, peak demand, Air India to cancel long-haul flights")
In a bid to counter rival Jio, Airtel introduces new 'postpaid family plan'
Airtel is offering its "exclusive" Airtel Black postpaid service, which brings DTH, broadband, landline, and cellular services under one umbrella
 "In a bid to counter rival Jio, Airtel introduces new 'postpaid family plan'")
SC to decide if electoral bonds need to be referred to bench on April 11
The electoral bond scheme was implemented by the Centre in 2018 as a source of political funding
 "SC to decide if electoral bonds need to be referred to bench on April 11")
Planning a 'negative list' of nations for cross border data transfer: Govt
The legislation will empower the cross-border flow of data across all countries "by default" unless a country features on the negative list
 "Planning a 'negative list' of nations for cross border data transfer: Govt")