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Amid retail stress, loan write-offs surge in FY25 as banks eye low NPA ratios

Mumbai, May 9 -- India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-offs have he... Read More


Are banks hiding weak asset quality with higher loan write-offs?

New Delhi, May 9 -- Mumbai: India's leading banks have written off much higher value of loans in the previous fiscal (FY25) as well as in the last quarter of the fiscal compared to FY24. These write-o... Read More


Delhi CM, Khattar meet, discuss development issues

India, May 9 -- In a first-of-its-kind meeting at the Delhi Secretariat, Union housing and urban affairs minister Manohar Lal Khattar and Delhi chief minister Rekha Gupta held a high-level discussion ... Read More


Blackout, sirens: Tricity holds its breath as tensions rise on western borders

India, May 9 -- As Pakistan intensified attempts to hit various installations along India's western borders, the tricity observed a three-hour blackout on Thursday night as a pre-emptive measure. Air... Read More


Mizoram MP urges Centre to speed up highway repairs before monsoon

Aizawl, May 9 -- Mizoram's lone Lok Sabha member, Richard Vanlalhmangaiha, has called on the Centre to expedite the construction and improvement of highways in the state under the National Highways an... Read More


India-UK free trade agreement to take effect more than three months later, UK's carbon tax deferred

New Delhi, May 9 -- New Delhi: The free trade agreement (FTA) between India and the UK might take more than three months to take effect, with the final text now headed for legal vetting, two senior go... Read More


Centre puts merger plans on hold after trio of weak general insurers hit profit

New Delhi, May 9 -- New Delhi: The government has deferred plans to merge or privatize three public sector general insurance companies to FY27 after they posted profits, people familiar with the matte... Read More


IBJA conclave: Work out road map for gems, jewellery park in U.P: Yogi

Lucknow, May 9 -- : Highlighting Uttar Pradesh's safe and conducive business environment, chief minister Yogi Adityanath on Thursday called upon the India Bullion and Jewellers Association (IBJA) to w... Read More


GST is 'God-Sent Tax' that funds India's security: Himanta Sarma cites Rafale jets, S-400 amid India-Pakistan tensions

New Delhi, May 9 -- In a sharp rebuttal to the Congress party's long-standing criticism of the tax regime, Assam Chief Minister Himanta Biswa Sarma on Friday while defending the Goods and Services Tax... Read More


Trump urges Supreme Court to cancel Legal Status for 500,000 immigrants

Afghanistan, May 9 -- Trump has asked the Supreme Court to approve the cancellation of legal status for 500,000 immigrants from several countries. The Trump administration has formally asked the U.S.... Read More