20 March 2024

India’s move to reduce LNG imports by increasing domestic production marks a significant shift towards energy independence and sustainability. Source and citation: ET Bureau. “India’s Dependence on LNG Imports may Fall to 45% in FY26.” Mar 20, 2024. TLDR For This Article:  India is poised to decrease its reliance on imported LNG from 53% to […]

Meta’s initiative to label AI-generated content aims to ensure transparency and combat misinformation during the election season. Source and citation: Mehta, Sangita. “Meta to Crack Down on AI Content in Big Election Yr.” ET Bureau, Mar 20, 2024. TLDR For This Article:  Meta plans to label AI and deepfake-generated content on Facebook and Instagram to

HSBC India’s CEO touts India as a top destination for global investors, thanks to promising returns and policy stability. Source and citation: Dutta, Bhaskar, and MC Govardhana Rangan. “If There’s One Story Where Risks are Limited and Upside’s High, it is India.” ET Bureau, Mar 20, 2024. TLDR For This Article:  HSBC India CEO Hitendra

NARCL’s acquisition of Wind World’s debt highlights a significant move in asset reconstruction, with potential impacts across various sectors. Source and citation: Mehta, Sangita. “NARCL Wins Auction for Wind World’s Majority Debt.” ET Bureau, Mar 20, 2024. TLDR For This Article: The National Asset Reconstruction Company (NARCL) successfully bid ₹670 crore to acquire a major

RBI’s monetary policy remains cautious, focusing on inflation control while supporting India’s robust economic growth. Source and citation: ET Bureau. “‘Monetary Policy Must Remain in Risk-minimisation Mode’.” Mar 20, 2024. TLDR For This Article:  RBI economists advocate for a cautious monetary policy to balance inflation control with sustaining India’s economic growth, amid recent changes in

Punjab National Bank’s plan to raise ₹2,000 crore through additional tier-1 bonds could signal a strategic shift in its capital management. Source and citation: ET Bureau. “PNB Likely to Raise Up to ₹2,000 crore.” Mar 20, 2024. TLDR For This Article:  PNB aims to bolster its capital by issuing additional tier-1 bonds, targeting ₹2,000 crore

Exploring the implications of state governments in India ramping up bond auctions, affecting yields and market dynamics. Source and citation: Dutta, Bhaskar. “State Govts’ Rush for Funds to Ring in 2nd Auction in a Week.” ET Bureau, Mar 20, 2024. TLDR For This Article:  In a bid to raise funds, Indian state governments have increased

SBI plans to centralise its global back office operations in Mumbai, impacting efficiency and potentially influencing the banking sector. Source and citation: Ray, Atmadip. “SBI may Shift Global Back Office Ops to Mumbai.” ET Bureau, Mar 20, 2024. TLDR For This Article: State Bank of India (SBI) is considering relocating its global back office and

Large-cap companies outshine mid and small caps in growth and profitability, impacting investor strategies and market dynamics. Source and citation: Shinde, Ranjit. “Mid & Small-caps Lag Large-cap Cos in Revenue Growth and Profitability.” ET Bureau, Mar 20, 2024. TLDR For This Article: Large-cap companies show superior growth and profitability compared to mid and small caps,

IndiaRF’s acquisition of Ind Swift Labs’ API business marks a strategic move, reflecting evolving dynamics in the pharma sector. Source and citation: Sinha, Shilpy, and Viswanath Pilla. “IndiaRF Fund Borrows ₹700cr from Axis for Ind Swift Buyout.” ET Bureau, Mar 20, 2024. TLDR For This Article: IndiaRF Fund, supported by Axis Bank, acquires Ind Swift