“Heartbroken by the loss of Shri @RNTata2000 Ji, whose visionary leadership not only transformed India’s industry but also played a pivotal role in shaping our aviation sector,” Naidu said in a post on X.
Ratan Tata, Whose Indian Business Empire Went Global, Dies at 86 (09-10-2024)
The patriarch of a powerful family, his Tata Group put an indelible stamp on Indian life while acquiring British brand names like Tetley Tea and Jaguar.
Fed Officials Debated Whether a Big Rate Cut Was Smart in September (09-10-2024)
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
Inflation set to ease barring shocks, growth to cool a bit (09-10-2024)
The RBI projects CPI inflation to decrease to 4.1% in FY26 from 4.5% in the current fiscal. Economic growth is predicted to slightly decline to 7.1% in FY26. Key risks include geopolitical conflicts, uneven rainfall, and commodity price volatility, while strong domestic demand and government initiatives may support growth.
NBFCs told to play fair and square (09-10-2024)
The Reserve Bank of India advises non-banking financial companies, including microfinance and housing finance institutions, to prioritize compliance, adhere to fair practices, and sincerely address customer grievances. While monitoring these entities’ exposures and risk practices, the RBI emphasizes the need for self-correction to avoid systemic risks, underscoring potential financial stability concerns with excessive returns and high indebtedness.
Ratan Tata: A Corporate Titan Like None Other (09-10-2024)
Ratan Tata was one of the world’s most influential industrialists yet he never appeared on any list of billionaires. He controlled over 30 companies that operated in over 100 countries across six continents yet lived an unpretentious life. Ratan Naval Tata, who died at a Mumbai hospital on Wednesday night at the age of 86 years, enjoyed a perhaps unique status — a corporate titan who was considered a ‘secular living saint’ with a reputation for decency and integrity.
Boeing and Workers Dig In for a Long Fight, Despite Strike’s Cost (09-10-2024)
Nearly a month into a union walkout, the aerospace giant withdrew its latest contract offer, and the two sides exchanged blame over the breakdown.
Ratan Tata, industrial icon, passes away at 86 (09-10-2024)
Renowned industrialist and former chairman of Tata Sons, Ratan Tata, passed away at the age of 86 on Wednesday. He breathed his last at a Mumbai hospital after a prolonged illness.