MUMBAI: The rating agency Crisil Ratings today said asset reconstruction companies (ARCs) are likely to see the cumulative recovery rate of security receipts (SRs) improve by up to 15 percentage points to 75-80 per cent in the next financial year (FY26). The improvement in recoveries will be driven by...
NEW DELHI: A limited trade deal with the US that could cover tariff concessions for certain goods and broad agreements on investment will figure high on the agenda of Prime Minister Narendra Modi’s visit to Washington DC. The February meeting will be the first with Donald Trump in his...
BENGALURU: The Indian food services market, valued at $80 billion in 2024, is expected to grow to $144-152 billion by 2030, according to Redseer Strategy Consultants’ new report, The Big Bite: Scaling Success in India’s Food Services. The projections indicate a compound annual growth rate (CAGR) of 10-11 per...
By Dr. Nilanjan Banik The Budget deals with allocating money towards areas where the government thinks it is essential to spend, and finding out ways such as taxes, to finance it. The government primarily requires money to spend on social infrastructure (such as schools, hospitals, water, sanitation, etc.), physical...
By Satyaki Chakraborty On the eve of the fourth anniversary of the military coup in Myanmar, the ruling junta has floated the proposal to hold the national elections to form a new government in the country which is witnessing civil war between the junta and the forces of democracy...
By Dr. Gyan Pathak As Delhi Vidhan Sabha Election enters its final phase, it turns ugliest in the electoral history of India, with allegation by Arvind Kejriwal whose party is ruling Delhi of ‘poisoning Yamuna water’ by BJP ruled Haryana. It is ugliest, since poisoning drinking water source has...
By Ashok Dhawale The draft “National Policy Framework on Agricultural Marketing (NPFAM)”, recently circulated by the Union Ministry of Agriculture and Farmers’ Welfare reveals the sinister intentions of the RSS-BJP-led union government. It is a conspiracy to sacrifice farmers’ interest and maximise corporate profits. The draft reveals that the...
By Krishna Jha On January 13 this year, RSS chief Mohan Bhagwat said that the date of Ram temple consecration in Ayodhya was the day when the “true independence of Bharat” was established. It was one of the great myths that RSS has been trying to make us believe....
By Sushil Kutty “I’ve been looking for answers/I’ve been looking for clues/I couldn’t find it in the paper/Couldn’t find it in the news/Oh there’s poison in the water/Oh there are toxins in the air/Oh it’s got us fighting over nothing/Whoever’s up there doesn’t care….” These are lyrics of a...
By Tirthankar Mitra Nepal has decided to hike the permit fees to climb Mount Everest. It will certainly boost Nepal’s revenues. Yet it raises the question about the ethics of commercialisation of scaling one of the world’s most revered natural wonders. Issues pertaining to sustainability and overcrowding come up...
NEW DELHI: The Union Cabinet on Wednesday approved the launch of the National Critical Mineral Mission with an expenditure of Rs 16,300 crore and an additional expected investment of Rs 18,000 crore by the public sector companies. The mission will be implemented under the ministry of mines for a...
MUMBAI: The Centre is likely to announce a borrowing plan of Rs 14-15 lakh crore through dated securities in the Budget for FY26, according to economists and treasury heads. Meanwhile, industry experts expect the fiscal deficit target for FY26 to be slightly lower than the initial 4.5% of the...
NEW DELHI: The government is set to unveil in the coming months the reforms approach that will guide its economic policy making over the longer term to sustain high growth rates, said a person aware of the deliberations on the matter. The broad framework may find a mention in...
KOLKATA: The Reserve Bank of India (RBI) is learnt to have developed ‘supervisory discomfort’ with a couple of small finance banks (SFBs) due to high concentration risks and rising asset quality stress. The banking regulator has also told these banks to explore mergers to gain scale and minimise concentration...
NEW DELHI: Skilling and job creation will be a major theme in the Budget as government seeks to fill a critical gap and in the process boost income and demand in the economy. Indian companies are looking for skilled workers, including at construction sites within the country, and...
By Nitya Chakraborty Narendra Modi government is due to present its second budget in the third term of the Modi regime on February 1 in an environment of domestic downturn in GDP growth along with global uncertainty in trade due to U.S. President Donald Trump’s disruptive trade and tariff...
By K Raveendran The Chinese AI startup DeepSeek has brought down the market crashing, but it has done even more damaging things to the United States. Apart from challenging Silicon Valley’s technology dominance, the Chinese have exposed the limits of Trump’s tariffs, challenging Washington’s ability to restrain China’s technological...
By Dr. Gyan Pathak Is it not a joke to expect a Member of Parliament to read, understand, give a considered view with qualitative comment on 655-pages-long final draft report on an important legislative amendment bill, such as the Waqf (Amendment) Bill, 2024, within a few hours, which was...