Simply Save podcast | Can debt funds really assess credit risk? Coronavirus Essential podcast | Kerala see another wave of infections; MHA refutes lockdown 5.0 claims; SC takes note of migrant issue Taking Stock | Market rises for second day in a row; investors richer by nearly Rs 2 lakh cr in a day … [Read more...] about Coronavirus Essential podcast | RBI’s push to revive economy, does COVID-19 spread through corpses?
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In some Chinatowns, volunteer patrols are forming to protect residents and confront harassers. The Guardian Angels, with patrols in over 130 cities worldwide, are recruiting in US Asian communities for the first time in 41 years. Members include seniors and women, who are often targets of abuse. … [Read more...] about US Asians, harassed over coronavirus, push back on streets, social media
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
But while Congress has shown an interest in reforming Section 230 in recent years, that hasn’t extended to repealing it all together. Wyden believes that an angry spat between a president and a social network can’t be the catalyst for a thoughtful conversation about reforming Section 230. It would only lead to a politically charged debate in which conservatives might try to push extreme policy positions into law. … [Read more...] about Trump’s new executive order is a ‘mugging of the First Amendment,’ says Sen. Wyden
High risk aversion in the banking system is one of the most pressing challenges of current time. Banks have been parking huge surplus liquidity with the RBI, even at very low reverse repo rate. Their reluctance to lend is understandable - economic outlook is weak and lot of their fresh advances could turn bad if economy takes longer to recover. Hence, addressing their risk aversion is a very important step in de-clogging credit flow. Recent announcements of government-guaranteed loans in the second stimulus package could solve the problem to some extent as banks will not retain any risk on their books. … [Read more...] about ‘Need more stimulus with focus on GST cut, wage support, higher MNREGA spend’