PSU banks write off loans over ₹5.82 lakh crore in last 5 years: MoS Finance
The Hindu
PSBs wrote off ₹5.82 lakh crore in bad loans over five years, recovering around 28% of total write-offs.
Meta’s outgoing chief artificial intelligence scientist Yann LeCun is holding early talks to raise 500 million euros ($586.00 million) for a new startup
India’s trade data for November reveals continued resilience in exports despite mounting U.S. tariffs on several key products. This is particularly significant given that the U.S. remains India’s largest export partner by a substantial margin. Interestingly, overall exports have not only grown, but shipments specifically to the U.S. have also rebounded.
Bharti Airtel Ltd. Chief Executive Officer-designate Shashwat Sharma, who is currently the firm’s chief operating officer, will take over the firm’s reins as CEO on January 1, 2026.
India's crude processing rose 2.3% YoY in November, with state-owned refiners handling two-thirds of the total.
The government is working to amend the Sugar Control Order and further align it with the requirements of the industry at present, Secretary (Food) at the Ministry of Consumer Affairs, Food and Public Distribution Sanjeev Chopra said Thursday.
Indian stock markets decline for the fourth day due to weak global trends and uncertainty over a U.S. trade deal.
The rupee gained 12 paise to 90.26 against the dollar, supported by crude prices and RBI intervention.
India and Oman sign a free trade agreement, enhancing trade access and reducing tariffs on numerous goods and services.
Cyient Semiconductors to acquire a majority stake in Kinetic Tech for $93 million, enhancing its power IC leadership in Edge AI markets.
Colebrook Bosson Saunders reports 128% growth in India's ergonomics market, driven by evolving workplace design and technology integration.
India simplifies e-visa processes for foreign engineers, aiding firms in machinery installation and enhancing business efficiency.
Indian stock markets open lower, with Sensex and Nifty tracking global trends amid cautious investor sentiment and profit booking.
Rupee trades in a narrow range against the dollar amid trade deal uncertainty and strong corporate demand.