MUMBAI: Scheduled commercial banks have regained market share in financing the commercial sector in FY26 up to Jan 31 by expanding non-food credit faster than the overall resource pool, reversing a contraction seen in FY25 amid a surge in equity issuances and non-bank funding.Data for FY26 up to Jan 31, 2026 released in RBI’s bulletin…
Navi Mumbai International Airport (PTI) NEW DELHI: The greenfield Navi Mumbai International Airport (NMIA) became operational on Thursday, nearly three decades after it was conceived to ease congestion at Mumbai’s primary airport.An IndiGo Airbus A320 from Bengaluru made a landing at 8 am and was welcomed with a traditional water cannon salute, marking the start…
India’s gems and jewellery exports fell sharply in October, sliding 30.57% to $2.17 billion (Rs 19,172.89 crore) compared to the same month last year, according to data released by the Gems and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports in October 2024 had stood at $3.12 billion (Rs 26,237.1 crore).GJEPC chairman Kirit Bhansali said the…
Akshay Kumar‘s ‘Jolly LLB 3’ released on Friday and had a decent opening day number. The film is as such that more than a bumper opening, it was expected to see growth through positive word of mouth and that has happened. It saw growth on Saturday and went slightly better on Sunday. The film which…
Chinese ministry said that unilateral tariffs imposed by the United States breach both international trade norms and US domestic legislation. (AI image) After the US Supreme Court said that US President Donald Trump’s tariffs are illegal, China has urged America to remove ‘unilateral tariff measures’. Soon after the US apex court’s verdict, China said it…
Boeing reported a $5.4 billion loss for the third quarter on Wednesday as persistent certification delays for its 777X aircraft forced the company to book an additional $4.9 billion charge, according to an AFP report.The aviation major, however, posted a 30% year-on-year rise in revenue to $23.3 billion, driven by higher commercial jet deliveries. But…
Madhya Pradesh: 3 police officers killed as car plunges into Shipra river in Ujjain At least three police officers, including Unhel police station in-charge Ashok Sharma, sub-inspector Ninama, and constable Aarti Pal, died after their car fell into the Shipra River while responding to a missing girl report. Aarti Pal was driving when the vehicle…
New Delhi: With a focus on creating jobs in the private sector, the World Bank on Friday announced a new country framework for India with an annual support of $8-10 billion over the next five years, using its full range of instruments and mobilising private sector capital at scale.The new framework was unveiled after FM…
Gold prices continued to slide for the second straight week, pressured by a stronger dollar, easing geopolitical tensions, and the US Federal Reserve’s cautious signals on rate cuts that dented demand for safe-haven assets.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell Rs 2,219, or 1.8 per cent, over the week. The…
India’s Shreyas Iyer (PTI Photo/Atul Yadav) NEW DELHI: Ahead of the Indian Premier League (IPL) 2026 season, batter Shreyas Iyer opened up about a tough phase in his career after suffering a serious spleen injury during the Australia tour. The injury forced him into hospital and led to significant weight loss. “It’s always challenging to…
