MTNL Debt Resolution Expected in Four Months, Says PNB CEO
State-owned telecom operator Mahanagar Telephone Nigam Ltd (MTNL) is likely to see its debt resolution materialize within the next three to four months. Ashok Chandra, Managing Director and CEO of…
Indian Trade Leaders React to Trump’s New Tariffs on Exports
Indian trade bodies have voiced their disappointment following US President Donald Trump’s decision to impose 25% tariffs on Indian imports, calling it a setback for the country’s export market. However,…
US Slaps 25% Tariff on Indian Goods Amid Ongoing Trade Tensions
President Donald Trump announced a 25% tariff on goods imported from India, effective this Friday. The move could strain relations between the two nations, which have been engaged in trade…
Rupee Slides to 87.43 Against USD Amid Trade Deal Uncertainty
The rupee took a sharp hit on Wednesday, dropping 52 paise to close at 87.43 against the US dollar. Investors were spooked by growing uncertainty over the India-US trade deal…
RBI Warns Against Unethical Lending Practices Amid Rising Competition
The Reserve Bank of India (RBI) has issued a stern warning about the growing trend of unethical practices in the banking sector. Deputy Governor J Swaminathan highlighted how intense competition…
UK-India Relationship Set to Expand Under Vision 2035 Roadmap
The UK-India relationship is gearing up for a major transformation under the newly introduced India-UK Vision 2035 roadmap. Deputy British High Commissioner to India, Christina Scott, recently emphasized the potential…
Delhi LG Adds Banking, NBFCs, and Gas Supply as Public Utility Services
In a move that promises faster resolution for financial and service disputes, Delhi Lieutenant Governor V K Saxena has approved the inclusion of banking, non-banking financial companies (NBFCs), and gas…
Indian Real Estate Booms: Credit Upgrades, IPOs, and Strong Balance Sheets
The Indian real estate sector is making a powerful comeback post-pandemic, showing a remarkable surge in credit ratings, IPO activity, and financial stability. According to a report by Colliers India,…
IndusInd Bank Q1 Profit Plummets 72% Amid Rising Bad Loans
IndusInd Bank just reported a shocking 72% drop in net profit for the June quarter, falling to ₹604 crore from ₹2,171 crore a year earlier. The slump comes as the…
India’s Digital Payment Boom Hits 65,000 Crore Transactions
The digital payment landscape in India has seen explosive growth over the past six years. Transactions have crossed a staggering 65,000 crore, amounting to over Rs 12,000 lakh crore. This…