Private banks masking worsening retail asset quality with write-offs: RBI
In the retail loans segment, while asset quality remained largely stable, the report observed a marginal uptick in credit card NPAs across bank groups.
Exclusive | Matt Lauer targeted by PETA for alleged âabuse,â beating of animals by sheep farmers at his $9M New Zealand hideaway in bombshell findings
His property â known as Hunter Valley Station and located about two hours north of Queenstown â includes a âfive-bedroom, lakefront homesteadâ and boasts stunning views of the Southern Alps mountain range, according to a Sothebyâs listing.
Warren Buffett discusses what will happen to his massive fortune after his death and offers advice in surprise message to shareholders
In November, ahead of the holiday season, Berkshire Hathaway CEO Warren Buffett issued an unexpected message to shareholders, wherein he announced updates on what will happen to his massive fortune after his death and offered some advice for others on handling how to pass on their wealth.
Big banks, business groups sue Fed over âopaqueâ annual stress tests
The lawsuit filed in US District Court in Columbus, Ohio, claims the Fedâs practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements accordingly, do not follow proper administrative procedure.
Narayana Murthy bats for tech, cautions against ‘unsupervised learning’
âIt was very easy to be a Leftist and socialist in those days because Jawaharlal Nehru was our Prime Minister and he had embraced Harold Laskian socialism.â
Insurers urge IRDAI crackdown against OEM-linked motor insurance brokers
The General Insurance Council has suggested a range of reforms, including system integration for real-time pricing and policies that ensure customers see all quotes.
Shooting of UnitedHealthcare CEO Brian Thompson is âwake-up callâ for US corporate security: report
The killing is a wakeup call for corporate security teams, who say they have noticed an uptick in violent threats against business leaders, especially on social media, according to The Wall Street Journal.
Lilly’s tirzepatide challenges semaglutide in obesity drug market
This head-to-head comparison pits Lillyâs Zepbound (tirzepatide) against Novo Nordiskâs Wegovy (semaglutide) at a time when the obesity drug market is experiencing explosive growth.
Bitcoin tops $100,000 for first time on optimism over Trump crypto plans
âWe were trading basically sideways for about seven months, then immediately after November 5, US investors resumed buying hand-over-fist,â said Joe McCann, CEO and founder of Asymmetric, a Miami digital assets hedge fund.
Elon Muskâs $56B Tesla pay package rejected again by Delaware judge
The ruling by the judge, Chancellor Kathaleen McCormick of the Court of Chancery, follows her January decision that called the pay package excessive and rescinded it, surprising investors, and cast uncertainty over Muskâs future at the worldâs most valuable carmaker.
MG Select set to unveil the world’s fastest roadster, MG Cyberster, in 2025
Speaking on the launch, Gaurav Gupta, chief growth officer of JSW MG Motor India, emphasised the carâs ability to merge the timeless appeal of classic roadsters with the latest in automotive technology.
Telcos call for prompt notification of guidelines to curb spam calls
The draft guidelines had called for mapping responsibility directly to the source of Unsolicited Business Communication (UBC), that is, âusers acting in their individual capacities or as agents of entities such as banks, real-estate companiesâ.