‘Now we have one of the best asset qualities in the industry.’ Photograph: Late Danish Siddiqui/Reuters “I target loan growth which is reasonable but not very risky,” Prashant Kumar, MD and CEO, Yes Bank, tells Abhijit Lele and Subrata Panda/Business
India’s exports rose 9.03 per cent to $38.49 billion in April, the highest in six months, driven by healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of $26.42 billion.
India’s economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
Benchmark stock indices Sensex and Nifty ended lower on Friday due to profit-taking in IT shares and Bharti Airtel after a sharp rally in the previous session. Photograph: Arko Datta/Reuters The 30-share BSE Sensex declined 200.15 points or 0.24 per
Passenger vehicles dispatches from factories to company dealerships in the country increased 4 per cent year-on-year to 3,48,847 units in April, industry body SIAM said on Thursday. Photograph: Francis Mascarenhas/Reuters Passenger vehicle dispatches stood at 335,629 units in April last
US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US. Photograph: Tom Brenner/Reuters Apple has no smartphone production in the US – most
US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods. Photograph: Brian Snyder/Reuters Speaking at a business roundtable in Doha, Trump also said he had a “little problem” with Tim Cook, and
Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department
A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent — on par with other developed nations — will affect innovator companies, while sparing the Indian
India’s trade relations with Turkey and Azerbaijan are expected to come under strain due to Ankara and Baku backing Islamabad and condemning India’s recent strikes on terror camps in Pakistan. IMAGE: A visitor examines the lamps displayed by exhibitors from
