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Finance Minister Nirmala Sitharaman on Thursday said India needs large, world-class banks to support its expanding economy, adding that the government is in talks with the Reserve Bank of India (RBI) and lenders to build scale and strengthen the sector.Speaking at the 12th SBI Banking and Economics Conclave 2025, Sitharaman urged banks to deepen and…
Mumbai: State Bank of India expects corporate credit growth to accelerate in the coming quarters, supported by a Rs 7 lakh crore pipeline of loans. Chairman CS Setty said the bank anticipates at least 10% growth in corporate lending over the next two quarters, even as corporates continue to make large pre-payments.Setty said repayments in…
On the sidelines of the Japan Mobility Show 2025, Honda Motor Co. President and Representative Executive Officer Toshihiro Mibe unveiled the company’s roadmap for India, signaling a clear shift toward electric mobility and a significant expansion of its product lineup in the years ahead.Mibe revealed the company’s plan to launch 10 new models in India…
India and Brazil on Thursday agreed to broaden the scope of the existing preferential trade agreement (PTA) between New Delhi and the Mercosur bloc, aiming to strengthen economic ties and boost bilateral trade. Mercosur, a South American trading bloc, comprises Brazil, Argentina, Uruguay, and Paraguay.The discussions took place during a meeting between visiting Brazilian Vice…
California Governor Gavin Newsom. (Getty Images) California Governor Gavin Newsom has signed SB 640 into law, establishing a direct admissions programme that will automatically offer qualifying high school seniors places at Cal State universities. This new law aims to simplify the college application process and boost enrolment across the public university system.The initiative builds on…
India’s job market is experiencing a robust upswing, driven by sectors such as e-commerce, logistics, retail, automotive, FMCG, and electric vehicles. This growth is increasingly reaching Tier-II cities, indicating a broader geographical spread of employment opportunities, according to the latest Employment Outlook Report by TeamLease Services for the second half of fiscal year 2025-26.The report,…
Israel’s president Benjamin Netanyahu (AP file photo) Israel’s prime minister Benjamin Netanyahu on Friday said that his country will “expand the circle of peace”, as the ceasefire with Hamas began at noon, Israel’s army said.On the question of the withdrawal of the army from Gaza, the prime minister said that the forces will remain in…
MUMBAI: The pool of credit-worthy individuals in India remains small and needs to expand, BVR Subrahmanyam, CEO of Niti Aayog, said at the Global Fintech Fest (GFF) 2025, highlighting the role of technology and fintech in meeting the country’s finance needs.Speaking to Kunal Shah, founder of Cred, Subrahmanyam said India, now the world’s fourth-largest economy,…
Nvidia CEO Jensen Huang said demand for electricians, plumbers, and carpenters will rise sharply as the construction of data centers accelerates. “If you’re an electrician, you’re a plumber, a carpenter—we’re going to need hundreds of thousands of them to build all of these factories,” Huang told Channel 4 News in the U.K. “The skilled craft…
dePresident Volodymyr Zelenskyy on Wednesday warned world leaders that the planet is in “the most destructive arms race in history” and urged immediate action to stop Russia, saying President Vladimir Putin aims to expand his war across Europe. “We are now living through the most destructive arms race in history,” Zelenskyy told the U.N. General…
