NEW DELHI: The spread between the outstanding weighted average lending rate and the weighted average domestic term deposit rate for banks continued to tighten, narrowing by 5 basis points (bps) month-on-month (M-o-M) in March to a 10-year low of 2.71 per cent, CareEdge Ratings said in its research report....
By Nitya Chakraborty It is now official. After waiting for a few days since Donald Trump diluted the U.S. tariff rates for China and announced his intention for talks, China confirmed on Wednesday morning that a high level Chinese negotiating team will be visiting Switzerland for four days beginning...
By Sushil Kutty Prime Minister Narendra Modi came up with the name ‘Operation Sindoor’ that targeted terrorist hubs in Pakistan. Modi sat through the night monitoring ‘Operation Sindoor’, named for the ‘Hindu widows’ of the Pahalgam terror attack. Pakistani terrorists snuffed the ‘Sindoor’ of these women and 26 Hindu...
By Satyaki Chakraborty Former Prime Minister of Bangladesh and chairperson of the main political party Bangladesh Nationalist Party (BNP) returned to Dhaka on Tuesday May 6 on the eve of the completion of nine months of the interim government headed by Dr. Muhammad Yunus. Khaleda who was ailing for...
By K Raveendran The gesture of Supreme Court judges declaring their assets is at best, symbolic and, at worst, a distraction from the deeper and more systemic issues that plague the system. The declaration itself does not and cannot constitute a meaningful solution to judicial corruption, especially when the...
By Krishna Jha Remembering the dehumanising stories with all their bestialities, the compelling human ethos undefeated, stands victorious over the terror. This one truth alone has the right to wear the crown of thorns as humankind moves on, evolving ever, always. May 9, 1945 was the Day when Second...
By Dr Imran Khalid Singapore’s ruling People’s Action Party (PAP) has once again proved that in times of uncertainty, the electorate prefers the comfort of continuity over the seduction of change. With 65.57% of the national vote in the May 3 general election, Prime Minister Lawrence Wong has emerged...
By Cristen Hemingway Jaynes NEW YORK: According to a new analysis by Swiss Re Institute, insured natural catastrophe losses globally could reach $145 billion this year, primarily driven by “secondary perils” such as floods, wildfires, and severe thunderstorms. This follows a five to seven percent long-term annual growth trend,...
NEW DELHI: India’s services sector “regained momentum” in April after slowing down in March as demand expanded and companies reported a faster expansion in employment, said a private survey on Tuesday. The HSBC India services purchasing managers’ index (PMI), compiled by S&P Global, rose to 58.7 in April from...
NEW DELHI: After nearly three and a half years of intense negotiations, India and the United Kingdom (UK) on Tuesday announced the conclusion of talks for a free trade agreement (FTA) that will boost strategic and economic ties between the fifth- and sixth-largest economies in an era of geopolitical...
MUMBAI: The Securities and Exchange Board of India (Sebi) on Tuesday proposed a separate carve-out for voluntary delisting of public sector undertakings (PSUs) where the government holding is over 90 per cent. Such PSUs may be allowed to be delisted without the requirement of complying with the minimum public...
As many as 76% of Indians express confidence in AI technologies, according to KPMG’s latest study, The Trust, Attitudes and Use of Artificial Intelligence: A Global Study 2025. Conducted in collaboration with the Melbourne Business School, the study is the most comprehensive global analysis of public trust and attitudes...
NEW DELHI: Capital expenditure is fundamental to increasing production and is a catalyst for accelerated economic growth. The government’s first-ever survey on the private sector’s investment intentions underscores the cautious approach taken by the non-government enterprises in investing. Private corporate sector enterprises are likely to see a 25.5% drop...
By Subrata Majumder India has emerged as the second most attractive destination for Japanese investors in Asia, after Singapore. It surpassed China, the most attractive place for Japanese investment in Asia for over four decades. Hitherto, India was eighth in 2020 in terms of getting investment from Japan. Latest...
By Sushil Kutty India has a great friend in UN Secretary General Antonio Guterres, who has on a number of occasions held India back from the brink of war with arch enemy Pakistan, thus saving India from total annihilation. This time, too, Guterres has asked both India and Pakistan...
By Dr. Gyan Pathak Following the shocks of the last five years, global fragility remains at a near-record high level. The diversity of fragility profiles, according to the States of Fragility 2025 report, across all contexts is striking. About 2.1 billion people, or 25 per cent of the world’s...
By Satyaki Chakraborty Donald Trump got a jolt in the latest national elections in Canada and Australia, but in Europe, pro-Trump George Simion, the leader of the far right alliance AUR won in the first round of Romanian Presidential elections held on Sunday May 4 getting 40.5 per cent...
By Tirthankar Mitra KOLKATA: Not too long ago, BJP-led NDA government at the Centre was vehemently opposed to caste census. But in a dramatic policy reversal, the dispensation led by Narendra Modi has given its nod to it. It is no coincidence that such policy reversal comes ahead of...