Historic Drop in Gross NPAs: PSU Banks' Remarkable Turnaround
The gross non-performing asset (GNPA) ratio of public sector banks dropped to a record low of 3.1% as of Sept 2024, down from 14.6% in March 2018, following the 4R's strategy and v...
Business News
Nandan Nilekani: India Should Not Invest in Building Another LLM
Nandan Nilekani argues against India investing in building another large language model, suggesting resources should be directed towards compute, infrastructure, and AI cloud inste...
Inflation Easing: A Pathway to Revived Consumption
Harsha Vardhan Agarwal discusses the impact of inflation on consumption and the prospects for recovery, emphasizing the need for inflation control and increased government spending...
Food Prices Ease, Bringing Hope for Rate Cuts and Economic Stability
India's retail inflation eased to 5.5% in November due to softening food prices, while industrial output showed a modest upturn in October. Experts highlight the need for sustained...
Urban Demand Decline Threatens India's FMCG Sector in 2025
India's FMCG sector faces challenges in 2025 as urban middle-class spending falters and inflationary pressures rise, potentially impacting consumption and company margins.
Serie A Teams Up with Meta to Combat Illegal Streaming
Serie A joins forces with Meta to combat illegal live streaming of soccer matches on Facebook and Instagram, aiming to protect broadcast rights and revenue. The partnership include...
Japan Firms Maintain CPI Expectations Despite Economic Uncertainties
Japanese companies expect consumer prices to rise an average 2.4% a year from now, unchanged from their projection three months ago, according to a BOJ survey. Companies also antic...
Canada Considers $15 Billion Green AI Data Center Incentive
Canada's federal government is considering a $15 billion incentive to encourage domestic pension funds to invest in green energy-powered AI data centers, amid global constraints on...
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