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IndiaTV Business: Google News Feed: Digest for March 21, 2023

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7th Pay Commission: Puducherry's Home and Education Minister, A Namassivayam, has announced that teachers working in government-aided schools in the Union Territory will receive salaries in line with the Central Seventh Pay Commission's recommendation. This is good news for the teachers who have been demanding the same for a long time.
The Indian e-commerce ecosystem underwent significant changes in 2022. The e-commerce industry is rapidly expanding even as the 21st century shifts towards a digital society, pushed by consumers' increasing desire for convenience. Conventional brick-and-mortar business owners are quickly adapting, generating online shops for their product lines whilst still maintaining  physical store presence.
The Unique Identification Authority of India (UIDAI) has announced that it will now offer free online document updates for Aadhaar holders. The move is expected to benefit millions of residents and is part of the Digital India initiative. According to the UIDAI, the 'myAadhaar' portal will provide the free document update service for the next three months as a measure aimed at facilitating users in updating their details, showing a people-focused approach.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
Three Adani group companies which had been placed under the short-term additional surveillance measure (ASM) will now be moved out of it, announced the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The Adani Enterprises, Adani Power and Adani Wilmar stocks will be removed with effect from March 17, according to separate circulars available on the exchanges.
Parliament Budget Session: The second leg of the Budget session of Parliament began on Monday (March 13) and will continue till April 6. The proceedings in Parliament were paralysed for the fourth consecutive day on Thursday as the BJP stepped up its offensive against Congress leader Rahul Gandhi for his remarks in the UK, accusing him of insulting the country's constitutional institutions and reiterating its demand for an apology. Both Lok Sabha and Rajya Sabha were adjourned for the day amid a ruckus with BJP members raising slogans and seeking an apology from Gandhi, while the Congress-led opposition waved placards with quotes from speeches of Prime Minister Narendra Modi during his visits abroad. Meanwhile, the focus of the second part of the Budget Session will be on demand for grants and passage of the Union Budget. As per the records, about 26 Bills are currently pending in the Rajya Sabha and close to 9 in the Lok Sabha for passage. Two Bills - The Multi-State Co-operative Societies (Amendment) Bill, 2022 and The Jan Vishwas (Amendment of Provisions) Bill, 2022 were referred to a Joint Committee by the government last Winter Session and they are currently being examined by the panel. 
Silicon Valley Bank crisis: The parent of Silicon Valley Bank, seized last week by the US, is filing for Chapter 11 bankruptcy protection.
RBI governor Shaktikanta Das while addressing the annual KP Hormis (Federal Bank Founder) Commemorative lecture in Kochi today, cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability. Furthermore, Das hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. He asserted that the domestic financial sector is stable and the worst of inflation is behind us.
Layoffs taking place in big US technology firms may benefit the Indian IT sector and can bring a lot of work to India, a US-based firm GlobalLogic CEO has said.
Credit Suisse bank crisis: The banking crisis that started in the United States has now reached Europe as fresh troubles mounted for Credit Suisse Group AG-- a global investment bank and financial services firm based in Switzerland.
Jet Airways CEO Sanjiv Kapoor in a tweet said that metro stations in India are 'artless concrete eyesores design' while comparing them with those in Dubai.
The New York Community Bank has agreed to buy a significant part of the failed Signature Bank for $2.7 billion, according to the Federal Deposit Insurance Corp.
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Gold price today: In India, the price of 24 karat and 22 carat gold has not changed in the past two days. As of Monday, 20 March, 10 grams of 24 carat gold cost Rs 58,220, while 10 grams of 22 carat gold cost Rs 53,330, same as Saturday.
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