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MUMBAI: The bad loan business showed faint but firm signs of recovery in September 2025, as the portfolio of asset reconstruction companies (ARCs) turned positive after two quarters of contraction. The rebound came despite rating agencies predicting a continued shrinkage in the sector, with banks accelerating sales of retail stressed assets to clean up their…
US treasury secretary Scott Bessent once again criticised China’s rare earth export controls, saying the United States and its allies are now moving at “warp speed” to build independent supply chains and reduce reliance on Beijing.Speaking to CNN, Bessent said that China’s strategy had been in motion for decades and accused the previous US governments…
Canada’s upcoming federal budget (2025) will include creation of a ‘Foreign Credential Recognition Action Fund’, a $97 million initiative spread over five years.At present several immigrants with foreign degrees and professional licenses have to take up menial jobs, which include driving buses, while they wait endlessly for their credentials to be recognized. Carney ‘Politely’ Skewers…
People abandon a car on an impassable street flooded by rains caused by Tropical Storm Melissa in Santo Domingo, Dominican Republic (AP image) Hurricane Melissa, a Category 5 storm, made landfall in southwestern Jamaica near New Hope on Tuesday, with maximum sustained winds of about 185 mph (295 km/h), according to the US National Hurricane…
NEW DELHI: The severe cyclonic storm Montha is steadily advancing toward the Andhra Pradesh coast and is expected to make landfall near Kakinada around midnight on Tuesday, the India Meteorological Department (IMD) said.The storm, currently over the west-central Bay of Bengal, is likely to intensify into a “severe cyclonic storm” with wind speeds of 90–100…
3 bikers on Murthal outing die in Delhi flyover crash NEW DELHI: Speed. No helmets. Damaged road. It proved a dangerous mix for three friends whose late-night ride back from a Murthal dinner outing ended in their death on the Libaspur flyover along GT Road early Wednesday.Their Bullet motorcycle slammed into a concrete barrier on…
Currently, HAL’s order backlog exceeds its yearly revenue by more than eight-fold. (File photo of Tejas) With an aim to speed up deliveries of crucial platforms to the armed forces, the government is looking to restructure the public sector giant Hindustan Aeronautics Limited (HAL). The aim is to improve the operational effectiveness.The restructuring initiative stems…
Popular pop singer Justin Bieber is all set for his first-ever solo act at Coachella 2026. He will headline the event along with Sabrina Carpenter and Karol G. The news of his Coachella performance made headlines in no time, and ahead of the big day, the ‘Baby’ singer has taken to his social media handle…
Chatra: Chatra deputy commissioner (DC) Kirtishiree G. said that vehicles would be tracked with speed guns to curb rash driving and rising number of road accidents.Addressing a road safety committee meeting on Saturday, the DC said, “Joint drives by the police and transport officials would be intensified to ensure compliance with traffic rules. Strict action…
NEW DELHI: After a “positive meeting” between Indian and American trade negotiators, the two sides have decided to intensify efforts for a bilateral trade agreement, signaling lower turbulence going forward. Amid a conciliatory tone from American President Donald Trump over the last 10 days, India’s chief negotiator Rajesh Agarwal and other officials met a team…
