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Mumbai, Apr 8 (PTI) Indian scheduled commercial banks' gross non-performing assets (NPAs) ratio declined further to 2 per cent in December 2025, the Reserve Bank said on Wednesday. Gross NPAs -- which represents the proportion of loans unpaid for over 90 days -- for the banking system had stood at 2.5 per cent in the year-ago period, as per the bi-annual Monetary Policy Report released by the central bank. The improvement in asset quality was across sectors, including retail loans, services, i ...Read More >
Mumbai, Apr 8 (PTI) Indian bond yields ended nearly 0.15 per cent lower on Wednesday, taking comfort from the conditional ceasefire in the West Asia conflict, and Reserve Bank of India (RBI) maintaining the status quo on policy rate. According to the Clearing Corporation of India (CCIL), the 10-year benchmark bond yield ended 6.8984 per cent compared to 7.0443 per cent at the previous close. Even though bond yields have eased, the central bank, in the monetary policy report, has projected 10-y ...Read More >
Mumbai, Apr 8 (PTI) The Reserve Bank of India on Wednesday said "excessive speculation" on the rupee prompted surprise actions on the currency front in the last fortnight, but clarified that its measures will not remain forever. "In the last few weeks of March, we have witnessed heightened volatility in the foreign exchange market. These measures are reactions to the specific market movements. They are not signalling any structural changes. These are not measures going to remain forever," Malho ...Read More >
Mumbai, Apr 7 (PTI) Finance industry veteran Uday Kotak on Tuesday cautioned that the West Asia conflict triggered by the US-Israel attack on Iran portends a return of colonialism. Kotak, a non-independent director and founder of private sector lender Kotak Mahindra Bank, said this phase was last seen in the early years of the 20th century. "We are at a very important cusp of what I call as return of global colonialism, something which Federation of Indian Chambers of Commerce and Industry (FI ...Read More >
Mumbai, Apr 5 (PTI) The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy w ...Read More >
Mumbai, Mar 11 (PTI) Capital markets regulator Sebi is exploring a new regulatory framework for Alternative Investment Funds (AIFs) that could speed up the launch of fund schemes, its Chairman Tuhin Kanta Pandey said on Wednesday. The proposed 'Lodge and Launch' model would allow certain AIF schemes to be launched faster by relying on due diligence certificates issued by merchant bankers, which reduces the time needed for regulatory approvals. Speaking at the IVCA Conclave 2026, Pandey said th ...Read More >
The Union health ministry addressed cough syrup quality. A meeting reviewed drug norm compliance. This followed child deaths linked to syrups in Chhindwara and Rajasthan. States received advice on cough syrup use for children. One cough syrup, Coldrif, contained DEG beyond limits. Action occurred against the manufacturer. Inspections began across 19 units. Officials urged adherence to manufacturing practices. Amid concerns over the quality of cough syrups, the Union health ministry on Sunday un ...Read More >
Tirunelveli: A woman PhD scholar of Manonmaniam Sundaranar University (MSU) caused a stir at its 32nd convocation in Tirunelveli on Wednesday when she refused to receive her doctorate from governor R N Ravi saying he is 'someone who is against the welfare of Tamil Nadu'.The scholar, Jean Joseph, wife of a DMK functionary in Nagercoil, completed her research in microfinance. At the convocation, graduating students came to the stage with their certificates and posed with the governor. However, Jea ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
TIRUNELVELI: A research scholar of Manonmaniam Sundaranar University (MSU) chose to receive her doctorate from Vice Chancellor M Chandrasekar, instead of Governor and Chancellor R N Ravi during the convocation ceremony on Wednesday. The scholar, Jean Joseph V, who is the wife of DMK's Nagercoil corporation deputy secretary M Rajan, said she did not want to receive the doctorate from the governor because "he had not done anything for Tamil and Tamil Nadu". The incident took place at the 32nd co ...Read More >
New Delhi: Delhi govt has decided to set up a single-window system at the district level to handle all permissions and no-objection certificates required for holding Ramlila performances across the city. It has also decided to constitute a special committee to resolve any issue regarding the organisation of the events and ensure that the committees do not face any problem in seeking approvals.The decisions were made at a special meeting held at Raj Niwas under the chairmanship of lieutenant gove ...Read More >
Tirunelveli: A woman PhD scholar of Manonmaniam Sundaranar University (MSU) caused a stir at its 32nd convocation in Tirunelveli on Wednesday when she refused to receive her doctorate from governor R N Ravi saying he is 'someone who is against the welfare of Tamil Nadu'.The scholar, Jean Joseph, wife of a DMK functionary in Nagercoil, completed her research in microfinance. At the convocation, graduating students came to the stage with their certificates and posed with the governor. However, Jea ...Read More >
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