File photo (Picture credit: PTI) NEW DELHI: The situation along the country’s northern borders remains stable, yet sensitive, the defence ministry said on Wednesday, and asserted that the deployment of the Indian Army in all sectors along the Line of Actual Control is “robust, well poised” and prepared to deal with any “emerging contingency”.Also, bilateral…
Blue Owl BDC’s CEO Craig Packer speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 19, 2025. Brendan McDermid | Reuters The latest tremor in the private credit world involved a deal that should’ve been reassuring to markets. Blue Owl, a direct…
CEC Gyanesh Kumar and Mamata Banerjee (File photo) NEW DELHI: West Bengal chief minister Mamata Banerjee on Saturday wrote to Chief Election Commissioner (CEC) Gyanesh Kumar, criticising the “procedural violations” and “administrative lapses” in the Special Intensive Revision (SIR), which is currently under way in the poll-bound state.Mamata Banerjee called the exercise “unplanned, arbitrary and…
MUMBAI: Across the board selling pulled the sensex down by 961 points (1.2%) on Friday, and the 30-share index closed at 81,287 points with banks leading the slide. Tariff uncertainty, foreign fund selling and no visible progress in Iran-US talks left investors jittery and pressing the sell button ahead of the weekend.Foreign funds led the…
Canada and India will pledge to expand trade in oil and gas as the countries reboot their relationship after a diplomatic chill. Ottawa will commit to ship more crude oil, liquefied natural gas and liquefied petroleum gas to India, while New Delhi will send more refined petroleum products to Canada, following a meeting between Canadian Energy…
NEW DELHI: The United States on Wednesday said India was not excluded from its newly launched Pax Silica technology initiative due to political or trade tensions, asserting that New Delhi remains a “highly strategic potential partner” in supply chain security efforts.Under Secretary of State for Economic Affairs Jacob Helberg dismissed speculation linking India’s absence from…
NEW DELHI: Amid a weak disinvestment performance so far this financial year, there are at least two proposals on the table to step up privatisation and use the proceeds for specific purposes.Industry body CII, govt departments and think tank NITI Aayog have proposed that govt should significantly step up privatisation and use the proceeds for…
There is a war going on between crypto firms and traditional banks over stablecoins, and Jefferies analysts said that they could become a steady drag on bank earnings as digital dollar use spreads. While stablecoins aren’t going to be an immediate existential threat to banks and aren’t likely to trigger a sudden run on U.S….
MUMBAI: Nearly four out of five of India’s leading young entrepreneurs are self-made, underscoring a shift in the country’s business landscape from inheritance to merit, according to the Avendus Wealth – Hurun India Uth Series 2025. The report shows that about 80% of business leaders under 40 featured in the ranking are first-generation founders.The study…
NEW DELHI: A central government source on Monday dismissed as “baseless” a report claiming that India and Iran had discussed the release of three ships seized by New Delhi in exchange for ensuring safe passage of vessels through the Strait of Hormuz. The source also rejected assertions that the vessels were owned by Iran.“This report…
