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Indonesia maintains strong fiscal buffers amid global uncertainty

Jakarta, April 16 -- Finance Minister Purbaya Yudhi Sadewa affirmed that Indonesia has adequate fiscal buffers to anticipate the impacts of global uncertainty during a meeting with International Monet... Read More


After a decade of bankruptcy law, top conglomerates Adani, JSW, Reliance, Tata emerge as biggest winners

Mumbai, April 16 -- Four of India's biggest conglomerates-Adani Group, JSW Group, Reliance Industries, and Tata Group-have emerged as the dominant buyers of stressed assets under India's decade-old ba... Read More


Slice shifts focus to secured loans in fintech-to-bank pivot

New Delhi, April 16 -- Since its merger-led transition into a bank in 2024, Slice has been moving away from an almost fully unsecured lending portfolio to a large, secured loan book, the bank's top ex... Read More


CBI books two ex-DRI officials for Rs.50 lakh bribe demand

MUMBAI, April 16 -- Two former Directorate of Revenue Intelligence (DRI) officers have been booked by the Central Bureau of Investigation (CBI)'s Anti-Corruption Branch for allegedly demanding a Rs.50... Read More


Maran opposes SpiceJet plea on Rs.144.5 cr deposit order

New Delhi, April 16 -- Kalanithi Maran and KAL Airways Pvt Ltd on Wednesday opposed before the Delhi High Court a plea by SpiceJet and its promoter Ajay Singh seeking a review of an order directing th... Read More


Despite oil windfall, South-south states miss 26% education funding benchmark in 2026 budgets

Nigeria, April 16 -- Despite being major beneficiaries of the oil revenue windfall, all the south-south states failed to meet the 26 per cent education funding benchmark in their 2026 budgets. The Fe... Read More


MSRTC posts rRs.r591 cr. loss in FY2025-26, 23 divisions in the red

India, April 16 -- The Maharashtra State Road Transport Corporation (MSRTC) has reported a loss of Rs.591 crore, with total revenue of Rs.11,475 crore against expenditure of Rs.12,066 crore for the fi... Read More


Himachal CM rolls back 3% salary deferment for Class I, Class II officers

Dharamshala, April 16 -- Chief minister (CM) Sukhvinder Singh Sukhu on Wednesday announced the withdrawal of the 3% salary deferment for Class I and Class II officers, on the occasion of Himachal Day.... Read More


Abdullah unveils 'Know Your Artisan' initiative to promote Kashmir handicrafts, handloom traditions

Srinagar, April 16 -- Chief Minister Omar Abdullah on Wednesday inaugurated the 'Know Your Artisan' initiative aimed at promoting the region's handicrafts and artistic heritage, under the 'Soulful Kas... Read More


Siddaramaiah urges PM to resolve 18 pending State issues

India, April 16 -- Karnataka Chief Minister Siddaramaiah on Wednesday submitted a memorandum to Prime Minister Narendra Modi, seeking his intervention on 18 issues, including the demand to give consti... Read More