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Business

Projected Surge in NPAs by 2026: A Deep Dive into Banking Sector Stress Signals

Indian banks face a potential rise in NPAs by 2026, with RBI's stress tests indicating worsening asset quality, especially among private sector banks. The report also highlights vu...

Business

Indian Industry Leaders Advocate for Tax Reductions to Stimulate Economic Demand

Indian industry leaders are advocating for tax cuts, increased public spending, and job creation to stimulate economic demand, with a focus on supporting MSMEs and enhancing female...

Business

Revolutionizing Online Transfers: Verify Bank Account Names Before NEFT Payments

The Reserve Bank of India mandates a new feature for RTGS and NEFT users to verify bank account names before transactions, aiming to reduce errors and frauds, with a compliance dea...

Business

Unprecedented Discounts on Electric Vehicles Amid Rising Stockpiles

The electric vehicle market is experiencing a significant discount season due to stock pile-ups, cheaper components, and CAFE norms. Popular models like Nexon EV and XUV400 EV are ...

Business

Ford Motor's X Account Compromised: Pro-Palestine Messages Surface

Ford Motor Company's X account was compromised, displaying pro-Palestine messages including "ALL EYES ON GAZA," "Free Palestine," and "Israel is a terrorist state." The company qui...

Business

Venezuela Slaps TikTok with a $10M Fine Over Dangerous Viral Challenges

Venezuela's Supreme Court fines TikTok $10M for not preventing dangerous viral challenges, following the deaths of three teenagers. The fine will support a fund for victims, and Ti...

Business

Significant 13% Drop in NBFC Loan Sanctions Marks Q2 FY25 Challenges

In Q2 FY25, NBFCs experienced a 13% decline in loan sanctions, influenced by reductions in gold loans, loans against shares, and unsecured business loans. Urban areas saw a sharp 2...

Business

Adani Group Announces $2 Billion Exit from Wilmar Joint Venture

The Adani Group is selling its 44% stake in Adani Wilmar to Wilmar International for $2 billion, aiming to bolster its core infrastructure business. This move ends the group's 25-y...