Mumbai: A man walks past the RBI logo at RBI headquarters in Mumbai. (PTI Photo/Shashank Parade) Mumbai: Banks will have to start setting aside money for possible loan defaults in advance from April 2027, using mathematical models to predict losses instead of waiting for borrowers to actually miss payments, under RBI’s final rules issued on…
In a broad-based policy push spanning agriculture, infrastructure, manufacturing and financial support, the Union Cabinet on Tuesday cleared projects and schemes worth over Rs 1.52 lakh crore, signalling a strong focus on productivity, capacity expansion and strategic sectors.At the centre of the decisions is the Mission for Cotton Productivity – Kapas Kanti, with an outlay…
NEW DELHI: In what may be bad news for India’s farm sector and rural economy, IMD on Monday predicted a ‘below normal’ southwest monsoon (June-Sept) in the country amid growing risk of El Nino, which is linked to depressed summer rainfall over India. “Quantitatively, the seasonal rainfall over the country is likely to be 92%…
Honda Cars India is all set to launch two new cars on May 22, the Honda City facelift sedan and the Honda ZR-V SUV. Honda ZR-V will be introduced in India as a premium flagship SUV, arriving as a full import (CBU). The company plans to position the ZR-V as a brand-building product rather than…
Veteran actor James Tolkan, celebrated for his iconic roles in ‘Top Gun’, ‘Back to the Future’, and ‘Miami Vice’, has passed away at 94. The beloved performer, who served in the Korean War before embarking on a prolific acting career spanning decades, died peacefully at his New York home. His extensive filmography includes ‘Serpico’ and…
VITEEE 2026 registration ends March 31 VITEEE 2026 registration will conclude on March 31, and this has led to a situation where applicants are advised to proceed with the registration process as soon as possible. The final date for registration is around the corner, and this calls for action from the applicants. The applicants are…
Vaibhav Sooryavanshi (BCCI Photo) NEW DELHI: Rajasthan Royals youngster Vaibhav Sooryavanshi is quickly making a name for himself in IPL 2026, especially after his fearless hitting against top bowlers like Jasprit Bumrah. In a recent match against Mumbai Indians, his aggressive batting helped RR secure a convincing win and extend their strong run in the…
Indian Navy opens Agniveer Apprentice 2026 applications for 01/2027 and 02/2027 batches Indian Navy Agniveer Apprentice Recruitment 2026: The Indian Navy has released the notification for Agniveer (Apprentice) Recruitment 2026 for the 01/2027 and 02/2027 batches. The recruitment notice has been published in the Employment News issue dated June 6–12, 2026, and online applications will…
Prime Minister Narendra Modi with Vietnam President To Lam India and Vietnam on Wednesday agreed to boost their bilateral relationship, aiming to elevate ties to an “Enhanced Comprehensive Strategic Partnership” while outlining an ambitious roadmap for trade, defence and technology cooperation.The decision followed talks between Prime Minister Narendra Modi and Vietnam president To Lam, with…
India’s equity market has been “over-punished” for lacking a direct artificial intelligence (AI) play and for its exposure to rising oil prices, according to BlackRock, which said record foreign outflows and a tougher macroeconomic environment have not undermined the country’s medium- to long-term investment prospects.Natasha Sarkaria, EMEA investment strategy lead of wealth at BlackRock, was…
