MUMBAI: Credit growth remained elevated across the banking system on a year-on-year basis for the quarter ended June 2026 with few banks reporting advances growing at double the rate of credit growth. In contrast, the wedge between credit and deposit growth widened with some banks (Bank of Baroda, IDBI and RBL) reporting a dip in…
File photo: US President Donald Trump shakes hands with European Commission President Ursula von der Leyen (Picture credit: Reuters) Trade in goods between the European Union and the United States reached a record €875 billion ($1.00 trillion) last year despite tariffs, but a new study has warned that the headline figures mask significant underlying economic…
The green shoots of nari shakti are now visible in India’s labour and enterprise data. But ASUSE 2025 also tells a more uneven story that women-owned enterprises are not rising uniformly across urban India. Gujarat and Maharashtra cities dominate the top ranks in female-owned proprietary establishments, while several northern cities sit near the bottom.The Indian…
Representative image (Picture credit: AP) India is set to challenge the proposed US tariffs on exports before the US Trade Representative (USTR) next week, arguing that findings related to alleged forced labour are legally flawed and could negatively impact American businesses and consumers.Representatives from the commerce ministry along with industry bodies including APEDA, FICCI, CII…
Terminal is inspired by Rajasthan’s royal heritage, featuring arches, domes and design motifs reflecting local culture Prime Minister Narendra Modi on Friday shared images of the new Jodhpur airport terminal, describing it as a major boost for tourism and connectivity ahead of its inauguration on July 4.In a post on X along with the pictures,…
Piyush Goyal said India exported goods and services worth $863 billion in 2025-26 India has set an ambitious target of achieving $1 trillion in exports during the current financial year, with exporters and policymakers committing to the goal at a Board of Trade meeting in New Delhi, Union commerce and industry minister Piyush Goyal said…
File photo: Ashwini Vaishnaw IT minister Ashwini Vaishnaw has directed officials in the ministry of electronics and information technology (MeitY) to summon Meta over Instagram advertisements promoting child sexual abuse material (CSAM), sources said on Friday, according to news agency PTI.According to the sources, the ministry will seek an explanation from Meta over the issue…
Top gainers and losers today Benchmark equity indices ended higher on Friday, supported by positive global cues, easing crude oil prices, expectations of a softer global interest rate environment, and optimism following the India–Japan summit.The Nifty 50 gained 95.15 points, or 0.39 per cent, to close at 24,270.85, while the BSE Sensex rose 261.79 points,…
NEW DELHI: Over nine years after it was launched, PM Modi will on Saturday launch a revamped Ude Desh ka Aam Nagrik (UDAN) that could provide a much-needed boost to this regional connectivity scheme (RCS) with an allocation of Rs 28,840 crore over a decade. The modified scheme aims to develop 100 existing airstrips across…
The move is aimed at reducing India’s reliance on imported gold and would mark the first time jewellers are being included in the scheme. (AI image) New Gold Monetisation Scheme in the works? The government is evaluating a proposal to allow jewellers to participate in a revamped Gold Monetisation Scheme (GMS) as part of efforts…
