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Large borrowers' loan accounts and bad loans decline: RBI
Large borrowers' loan accounts and bad loans decline: RBI

Chennai,  The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing assets (GNPA) also went down, said the Reserve Bank of India (RBI).

According to the RBI's Financial Stability Report, June 22, the share of large

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Time to move from 'Volume' to 'Value' leadership in Pharma market: Mandaviya
Time to move from 'Volume' to 'Value' leadership in Pharma market: Mandaviya

New Delhi,  Let us move from 'Volume' to 'Value' leadership to capture global pharmaceutical market, said Union Health Minister Mansukh said on Saturday.

He told the leaders of Pharma industry that it is time to accumulate knowledge from global best practices in research, manufacturing an

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After terrible first half, 2022 may bring more bad news for US markets
After terrible first half, 2022 may bring more bad news for US markets

New York,  US markets are beginning to fear that they are not even halfway through the bad news the year 2022 has in store, media reports said.

The first six months were full of surprises: Inflation, the biggest selloff in bonds in four decades, a plunge in tech stocks rarely matched in history, and the

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Tesla EV deliveries fall 18% due to China lockdowns, supply woes
Tesla EV deliveries fall 18% due to China lockdowns, supply woes

San Francisco,  Elon Musk-run Tesla has been hit by about 18 per cent drop in EV deliveries in the second quarter (Q2) this year amid supply chain woes and China lockdowns.

Tesla delivered 2,54,695 electric vehicles globally in the April-June period, 18 per cent decrease from Q1.

This is t

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Crypto broker Voyager suspends all trading, withdrawals, deposits
Crypto broker Voyager suspends all trading, withdrawals, deposits

San Francisco,  Cryptocurrency broker Voyager Digital (VYGVF) has suspended all trading, deposits withdrawals and loyalty rewards, as top crypto hedge fund Three Arrows Capital (3AC) filed for bankruptcy in the US, in which Voyager has made significant investments.

Voyager disclosed in a statement that i

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Over 22K techies lose jobs in US, more than 12K in Indian startups
Over 22K techies lose jobs in US, more than 12K in Indian startups

New Delhi,  As the tech and startup sector gets hammered by economic meltdown, more that 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem.

Startups, especially the ones who benefited from a pandemic boom, are feeling the pressure as valuatio

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Agra airport terminal building work halted again
Agra airport terminal building work halted again

Agra,  The work on the new terminal building of the Agra airport at Kheria Air Force base, has again been stalled, due to a pending court case.

In an RTI filed by lawyer K.C. Jain, this information has been given causing concern in tourism circles.

The reply to the RTI said: "A termin

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A case for private investment in Colombo Airport
A case for private investment in Colombo Airport

Colombo,   Tourism has been a major source of forex for Sri Lanka. Prior to the pandemic, Sri Lanka's annual earnings from tourism had reached close to US$ 4.3 billion. The advent of the pandemic has reduced this to about US$ 500 million in 2021. This sharp decline has been one of the major factors in the curr

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Now Ola Electric's charging network head quits
Now Ola Electric's charging network head quits

New Delhi,  There is no stopping resignations at Ola Electric and now, Yashwant Kumar, who is Senior Director and Business Head for Charging Networks at the company, has decided to move on.

A B.Tech from the Indian Institute of Technology-Bombay, Kumar joined Ola Electric in March last year.

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Karnataka Regional
Fully endorse CJI's affirmation on constitution allegiance: Sinha
Fully endorse CJI's affirmation on constitution allegiance: Sinha

Bengaluru, Opposition's Presidential candidate Yashwant Sinha, who arrived in Bengaluru on Sunday as part of his poll campaign, said that he was very happy to see in the newspapers a statement by Chief Justice of India, N.V. Ramana, that the "Judiciary is answerable to the Constitution and Constitution alone."

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