MUMBAI: Leading rating agencies have revised downward India’s GDP growth estimates for the next few quarters and up to 2027, thanks to the impact of the war in West Asia on the economy. After global ratings major Moody’s and domestic major Crisil’s revisions last week, on Tuesday ICRA, the local arm of Moody’s, and India…
NEW DELHI: PepsiCo will ramp up investments in India with a Rs 5,700-crore expansion by 2030 as the snacks and beverages maker bets bigger on one of its fastest-growing markets after a strong performance last year. The company reported a second consecutive year of double- digit growth, with a revenue of Rs 9,798 crore, up…
MUMBAI: RBI’s new disclosure norms will put unlisted banks at par with listed peers, standardise reporting formats and units, and make global comparisons of Indian lenders much easier by mandating uniform, template-driven disclosures.The new norms prescribe globally aligned reporting architecture that mirrors Basel standards, addressing the third of the three pillars of the globally accepted…
NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022…
Rajasthan Royals’ Vaibhav Sooryavanshi (AP Photo) NEW DELHI: Vaibhav Sooryavanshi once again stole the spotlight as the 15-year-old produced a stunning 93 off just 38 balls to guide Rajasthan Royals to a comfortable seven-wicket win over Lucknow Super Giants in a crucial IPL 2026 clash in Jaipur. The victory kept Rajasthan firmly alive in the…
For nearly a century, thousands of strange holes carved into a barren Peruvian hillside puzzled archaeologists, historians, and even conspiracy theorists. Stretching across the dry slopes of the Pisco Valley in southern Peru, the massive formation contains more than 5,000 carefully arranged pits that can only truly be appreciated from the air. Some believed they…
The Insolvency and Bankruptcy Board of India (IBBI) has introduced fresh guidelines for empanelment of insolvency professionals to streamline and speed up appointments in corporate insolvency and bankruptcy proceedings, PTI reported.The revised framework lays down procedures for preparing a panel of insolvency professionals (IPs) who can serve as Interim Resolution Professionals (IRPs), Resolution Professionals (RPs),…
More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals…
Rajasthan Royals batter Vaibhav Sooryavanshi on Tuesday moved to second place on the all-time list for most runs scored in the powerplay during an IPL season during RR’s IPL 2026 match against Lucknow Super Giants.Vaibhav scored 25 runs off 16 balls in the powerplay during Rajasthan Royals’ chase of 221. With that effort, he went…
Vaibhav Sooryavanshi (ANI Photo) NEW DELHI: Teen sensation Vaibhav Sooryavanshi on Tuesday continued his extraordinary rise in IPL 2026 by becoming the first Indian batter in tournament history to smash 50 sixes in a single season. The 15-year-old achieved the landmark during a breathtaking innings for Rajasthan Royals against Lucknow Super Giants at the Sawai…
