Despite India's state-run banks being in a rundown condition, the country's rich private banks are keeping investors' belief alive in the Indian economy.
RBI is cutting off banks and the police is intimidating bankers, there’s not much chance that credit growth will recover sufficiently to support India’s nascent growth revival.
The bank Tuesday posted its largest-ever quarterly loss of Rs 13,416.91 crore for the January-March period, mainly on account of high provisioning for bad loans.
Oil is India’s biggest import and elevated prices along with a weaker rupee will widen the trade deficit, fuel imported inflation and squeeze government finances.
Proposed resolution plans must either bring value to the enterprise or a meaningful recovery for creditors, says Rajnish Kumar, chairman of State Bank of India, the country's largest lender.
The very idea of India, and not just its institutions such as the judiciary, RBI, Speaker's office and others, as a vibrant electoral democracy is in peril.
India is struggling to keep international investors interested. An uncharacteristically bold concession from the central bank shows the extent of desperation.
The 10-year U.S. bond yield...
The 'ghuspaithiya' narrative is being whipped up precisely when illegal immigration has actually diminished. Like most BJP-RSS ideas, it’s just an unimaginative Right-wing trope.
With non-leather products driving global footwear demand between 2020 and 2024, India’s global market share stood at 1.85% in 2024, says a NITI Aayog report.
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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