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Business
RBI Proposes Stringent Framework for Management of Seized Assets in Bad Loan Recoveries
New Delhi, May 07: The Reserve Bank of India (RBI) has released a comprehensive draft circular titled "Prudential Norms on Specified Non-Financial Assets (SNFAs)." The proposed framework aims to standardize the process by which regulated…
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Redefining Energy Security: India’s LNG Imports from Qatar and UAE Hit Zero
New Delhi, May 05: The escalating conflict in West Asia has triggered a dramatic and sudden reset of India’s energy landscape as liquefied natural gas (LNG) shipments from the nation's two most critical long-term partners, Qatar and the…
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Japan’s Toki Whisky is now available in markets in India
New Delhi, May 7: Japan's Toki Suntory Whisky Black is now available in commercial markets in a number of states, in addition to the Duty Free shops at Delhi and Mumbai airports.
The Whisky made debut earlier this year in global travel…
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Paytm reports 22% increase in revenues for FY2026
New Delhi, May 7: Paytm (One 97 Communications Limited), India’s leading payments and financial services distribution company, today reported 22% increase in its year-on-year revenues for the last financial year 2025-26.
The company…
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Indian companies announce $20.5 billion investments in US at a Summit
New Delhi, May 6: Top Indian companies have committed investments to the tune of $20.5 billion in the United States at a Business Summit -- '2026 SelectUSA Investment Summit' -- in Maryland.
The commitments span key sectors including…
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Bharti AXA Life Insurance reports 44% premium growth for FY26
Mumbai, May 6: Bharti AXA Life Insurance today reported a robust performance for the financial year ended March 31, 2026, marking a strong shift in its growth trajectory.
Performance Highlights:
Market-Leading Growth: New…
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Blue Star reports 3.6% revenue growth despite ‘multiple headwinds’
Mumbai, May 6: Blue Star has reported 3.6% revenue growth in the outgoing Financial Year 2025-26 and said the result was positive despite multiple headwinds impacting the businesses.
The Room AC business was adversely impacted during the…
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Union Cabinet approves emergency credit scheme for business persons in view of West Asia crisis
New Delhi, May 5: The Government today announced a major decision to provide credit guarantee coverage through National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for extending additional credit…
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Invoicemart Surpasses 50% Women Workforce
Mumbai, May 5 : Invoicemart, India’s Trade Receivables Discounting System (TReDS) platform, has crossed a key milestone, with women now comprising over 50% of its total workforce, well ahead of industry benchmarks in fintech and financial…
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US-based Lockton makes Jaideep Sharma as CEO India
New Delhi, May 5: Jaideep (Jay) Sharma will assume the role of CEO of Lockton India, a subsidiary of US-based insurance-brokerage company.
Sharma will take up the new assignment while continuing as Regional Head of Specialties for…
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