'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'
Congress leader Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi buckled under United States pressure to finalise a trade deal and 'sold off' the hard work of Indian farmers through the agreement.
'As long as apps show impossible delivery times, delivery and packaging workers will be pressured to meet unsafe, unhealthy standards.'
Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.
Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.
After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.
Officials asked what the point was in going through banks when the government has to give guarantees.
The country's largest IT services company TCS on Thursday announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000 crore. TPG will invest $1 billion or around Rs 8,870 crore in the AI data centre business christened as 'Hypervault', and hold a stake between 27.5-49 per cent in the venture.
Companies, particularly those that are notified as Significant Data Fiduciaries, will have to make extensive investments in data mapping, process modification, consent management tools, tools to enable Data Principal Rights, and establish a well-structured Data Privacy Officer organisation.
India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
'Maybe he was wrong, but they believed he genuinely meant what he said.'
Astronaut Sunita Williams discusses how space travel changed her perspective on life, emphasizing the unity of Earth and the silliness of human conflicts when viewed from space.
Following the death of a software engineer whose car plunged into a water-filled pit at a construction site, the Noida Authority has taken action, including terminating an engineer and issuing show-cause notices. An investigation is underway.
A UN report highlights the lack of justice for Tamil civilians who experienced sexual violence during Sri Lanka's civil war, primarily by security forces.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.
The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.
Card and Internet banking frauds formed 56.5% of all cases in FY25.
The Comptroller and Auditor General of India (CAG) has launched an integrated audit across 32 states and Union Territories to assess the ease of doing business for the micro, small and medium enterprise (MSME) sector.
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.
In the fourth such instance, Tamil Nadu Governor R N Ravi on Tuesday walked out of the state assembly without reading his customary address after alleging that the national anthem was insulted, evoking a sharp response from Chief Minister M K Stalin, who dubbed his action as an 'insult' to the House and the people of the state.
Public resources are scarce and need to be used well.
In a first, Indian oil public sector undertakings (PSUs) finalised a one-year contract to import around 2.2 million tonnes (mt) of liquefied petroleum gas (LPG) from the US. The LPG import deal comes at a time when negotiations for an India-US bilateral trade agreement (BTA) are gathering steam. Earlier in the month, US President Donald Trump had said Washington and New Delhi were "pretty close" to reaching a fair trade deal.
The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.
'The first time India has seen two consecutive blockbuster IPO years.'
Human Rights Watch urges Sri Lanka to prosecute perpetrators of war crimes and crimes against humanity committed during the civil war, citing a UN report on sexual violence against Tamil civilians.
Private investment projects constitute well over 70 per cent of the nearly Rs 34 trillion of fresh investments announced in H1 this year.
'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'
This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.
US border patrol agents have arrested 30 Indian nationals, living illegally in America, operating semitrucks with commercial driver's licenses. The arrests were part of a larger operation targeting illegal immigrants operating commercial vehicles.
But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.
Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.
Slain Bangladeshi student leader Sharif Osman Hadi's party rejects the police chargesheet in his murder case, accusing the state machinery of involvement. The party warns of potential retaliation if justice is not served, alleging a broader conspiracy beyond the individuals charged.
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Barring one, three are debt-free and sitting on large cash reserves.
Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.
In terms of MLA salaries, Odisha is followed by Telangana (about Rs 2.7 lakh), Maharashtra (Rs 2.6 lakh), Manipur (Rs 2.5 lakh), and Uttar Pradesh (Rs 2.4 lakh).
The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.
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