Trump, Tan, and Intel: Boosting US Innovation
Trump met Tan, discussing Intel's commitment to US innovation. Tan aims to reverse Intel's struggles in the AI chip market and restore American business leadership. Bessent and Lutnick also attended.
No systemic risk in banking sector: Jio Financial Services’ KV Kamath
Addressing the health of the NBFC sector, Kamath observed signs of a “pyramid” forming, with many borrowers taking multiple loans—often to repay earlier borrowings—while still seeking additional credit.