CATEGORIES

Appeals Court Upholds $5 Million Award in Abuse Verdict Against Trump

A federal appeals court on Monday upheld a jury's finding in a civil case that Donald Trump (pictured) sexually abused a columnist in an upscale department store dressing room in the mid-1990s.

South Korea orders airline safety probe after deadly Jeju Air crash

South Korea's acting President Choi Sang-mok on Monday ordered an emergency safety inspection of the country's entire airline operation as investigators worked to identify victims and find out what caused the deadliest air disaster on South Korean soil.

Ex-US Prez and Nobel winner Jimmy Carter dies at 100

Tributes pour in for 'extraordinary leader' and 'peacemaker'; NYSE to close trading on Jan 9 for national day of mourning

Crypto assets may impact financial stability

Widespread use of crypto assets, including stablecoins, can have a negative impact on the macroeconomic and financial stability of a country, the Reserve Bank of India (RBI) said on Monday.

Slippages from smaller personal credit a risk for secured loans

The Reserve Bank of India (RBI) cautioned in its biannual Financial Stability Report (FSR) that borrowers with unsecured loans, such as credit cards and personal loans, who also have larger secured loans, risk triggering delinquencies in the secured loans if they default on the smaller ones.

Microfinance sector stress rises as bad loans double in H1FY25

The Reserve Bank of India (RBI) on Monday reported that stress in the microfinance sector doubled during the April to September period, with the share of stressed assets in the 31-180 days past due (DPD) category increasing from 2.15 per cent to 4.30 per cent.

NBFCs' loan growth eases to 6.5% in H1

Following the Reserve Bank of India (RBI) increasing risk weights on NBFC lending to certain consumer credit categories as well as on bank lending to NBFCs, loan growth of shadow banks moderated significantly during H1FY25 to 6.5 per cent on a half year-on-half year (H-O-H) basis in September 2024, RBI said in its Financial Stability Report.

Private banks masking retail asset woes with write-offs

Central bank: 52% retail NPA from unsecured loans

SpiceJet to talk to Boeing for B737 deliveries

Chairman and MD Ajay Singh apprises investors of his plans at the company's AGM

IT eyes 7-9% growth on BFSI, AI funding

India's information technology (IT) services sector is likely to see steady revenue growth of 7-9 per cent in the next financial year (FY26), led by a gradual pick-up in relevant spends—mainly by the banking, financial services, and insurance (BFSI) and gen-AI sectors—in the US and parts of Europe.

Nifty 50 Firms Registered 92 Deaths in Industrial Ops in FY24

National Stock Exchange Nifty 50 companies failed to rein in the incidence of fatalities at their industrial operations in 2023-24 (FY24), with 92 lives lost during the period, higher than those recorded in the previous year.

Black, blue shine bright for car owners

These colours have seen their popularity increase over the years but white still a top choice

Cricket, PM, a wedding, a death and qcom on top of mind

Rediffusion survey of what dominated India's emotional and cultural landscape this year

Taking India to the world

For all its heritage and craftsmanship, the country has produced only a handful of global brands. But a new generation of creative entrepreneurs is changing that

Adani group to exit Wilmar JV, raise ₹18,817 cr

Will offload entire 44% stake, boost investment in AEL's core infra platforms

Confidence is high, outlook is bright: Malhotra on economy

But stress tests show GNPA ratio of banks may rise under baseline scenario

The Maverick Who Founded HBO

Charles Dolan, the pay-television pioneer who won the first cable-TV franchise in Manhattan, founded Home Box Office Inc. and later built Cablevision Systems Corp into the fifth-largest US cable company, has died. He was 98.

Antarctica, North Pole: India's elderly take to extreme travels

Travel among India's senior citizens has evolved over the years with tour agencies observing a rise in demand, especially post-pandemic for adventure and non-traditional international destinations.

Auction of 11 critical mineral blocks called off

The central government has annulled the auction of over half of the 21 critical mineral blocks offered in the fourth round of bidding, citing a poor response, according to a notification from the Ministry of Mines on the MSTC e-commerce portal.

Navi Mumbai Airport Set To Begin Commercial Ops In May 2025: AAHL

International operations to start by July next year; project expected to cost around ₹18,000 crore

Manmohan Singh's economic reforms of the 1990s

The acclaimed \"architect of India's economic reforms\" has gone, mourned by people across political parties and professions, not just economists, civil servants, and journalists.

First Mover Mantra

Why EV leader Tata Motors is thirsting for more competition despite losing market share

Build debt fund portfolio diversified across duration

Take limited exposure to longer-duration funds in coming year

Rely on rolling returns, not point-to-point data

\"Financial planning experts often argue that equity markets outperform fixed deposits over the long term. However, I can demonstrate that a 10-year investment in fixed deposits has delivered higher returns than equity markets,\" declared my friend Mitesh.

Markets Will Likely Take Cue From the Budget

The 2024-25 (FY25) October-December (Q3) quarter earnings are expected to mirror those of the second quarter (Q2), with key sectors grappling with a demand slowdown. The government's approach to the economic downturn and its priorities will become evident in the upcoming Budget, says JIMEET MODI, founder and chief executive officer of Samco Group. In an interview with Sundar Sethuraman, Modi suggests domestic markets will likely stay volatile in calendar year (CY) 2025, influenced by developments in the US markets, inflation concerns, recession risks, and interest rate decisions. Edited excerpts:

Gold, silver ETFs: Alchemists spinning wealth in 2024

Where investors find philosopher's stone, with ₹19,000 crore inflow in first 11 months of 2024

Hotel stocks book a stay in the gains suite as room rates rise

Stocks of leading hotel companies have been hitting their all-time highs this month, driven by expectations of a strong performance in the October-December quarter (Q3) of 2024-25 (FY25) and continued growth in 2025-26 (FY26), supported by a higher base.

2025: The new normal

In early November, I wrote a piece suggesting that the Indian economy was functioning as expected: Muddling along. It rarely falls into a full-blown recession but it also struggles to achieve sustained acceleration.

The last expert

Manmohan Singh showed that technocrats can change nations' destinies as effectively as any populist

Making state governments fiscally responsible

Worrying about the debt sustainability of subnational governments (SNGs or state governments in India) is an acquired taste even amongst financial analysts.