MUMBAI: :Stress is emerging in the micro-borrower segment of the MSME industry, particularly for loans with ticket sizes below Rs 2 crore, even as larger enterprises remain relatively resilient amid geopolitical headwinds, tighter working capital conditions, and global supply chain pressures. The divergence in asset quality across MSME segments has widened, with micro borrowers showing…
NEW DELHI: The Union cabinet has cleared fresh investment commitment of Rs 30,000 crore towards new funds being set up by National Investment and Infrastructure Fund (NIIF) as it seeks to leverage the additional resources to raise money from other investors. NIIF intends to set up a second infrastructure focused fund and will also support…
In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman MUMBAI: The HDFC Bank board has appointed former chief election commissioner and ex–finance secretary Rajiv Kumar as chairman of the bank, subject to RBI approval. Starting June 30, the board has proposed a four-year term. The appointment ends uncertainty over the next chairman, following the sudden…
Quick commerce race intensifies as Amazon, Flipkart level up MUMBAI: Amazon and Walmart’s Flipkart have made it clear that they are not going to play on the sidelines in India’s quick commerce battlefield. Big money, aggressive dark store expansion, discounts, cashbacks—everything is on the table. Listed players Eternal—which owns Blinkit—and Swiggy are jittery despite sitting…
Jim Thorpe, aka Switzerland of America, because of its mountainous setting, is known for its century old Victorian architecture. The town was originally founded as Mauch Chunk in the early 19th century, the town prospered through coal mining and the railroad industry. Its grand opera house, elegant mansions, old railway station and beautifully preserved commercial…
From a humble grocery shop in a Telangana village, Thota Vaikuntam’s artistic journey blossomed. Despite early doubts, his dedication led him to international acclaim. Inspired by his mother and the women of his village, his distinctive paintings, featuring dusky-toned figures adorned with traditional elements, now grace museums worldwide. His unwavering commitment to his craft continues…
Wall Street started the week on a stronger note, with major US indices rebounding after a rare spell of losses as heavyweight technology stocks lifted investor sentiment.The Dow Jones Industrial Average stood at 52,174.42, up 0.58%, while the Nasdaq Composite was at 25,495.20, gaining 0.78%, and the S&P 500 reached 7,390.14, rising 0.49% around 8…
IAS officer Awanish Sharan defied the trend of quick fixes, embracing a disciplined approach to health. Starting in 2020, his journey, marked by setbacks and a renewed commitment in 2024, focused on smart training, balanced nutrition, and adequate sleep. By setting a deadline and prioritizing consistency over perfection, Sharan achieved remarkable health improvements, evidenced by…
Choosing a name for your baby girl is one of the most meaningful decisions you’ll make as a parent. If you’re looking for a name that represents courage, strength, leadership, and resilience, history offers plenty of inspiration. Across different cultures and civilizations, countless women fought battles, defended their people, challenged injustice, and left behind extraordinary…
“Our daughter is not a defective toy”: They were told to ‘replace’ her and what her parents did will remain an example forever There’s a powerful saying in Hindi: “Paida karne wale se bada palne wala hota hai.” In simple words, it takes far more to raise a child than it does to give birth…
