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…
Columbia University has drawn on its unrestricted endowment funds to keep its research programs running after months of disruption in federal support, according to a report by The Columbia Spectator.In a statement issued on October 23, Anne Sullivan, Columbia’s executive vice president for finance, confirmed that the university had begun using unrestricted portions of its…
MUMBAI: Tech-driven eyewear solutions company Lenskart listed on the bourses on Monday at 3% discount to its IPO price of Rs 402 but closed the session at Rs 403.3, marginally above its offer price. In the run-up to the IPO, there were concerns that the company’s stocks were being sold at a very high valuation,…
NEW DELHI: Quality control orders (QCOs) are not just meant to help improve standards within the country but have also emerged as tools to help govt get foreign countries to open the doors for Indian exports, officials said. They cited the instance of European Union, which was not allowing Indian fisheries exports for nine years,…
NEW DELHI: Days after the Supreme Court gave a ruling on the Vodafone Idea AGR matter, Govt has begun work to find a solution to the over Rs 83,000 crore liability of the telco. Department of Telecom (DoT) is set to take legal advice on the way forward and once secured, it will instruct all…
Gautam Gambhir has opened up about the recent debate over his decision to bench key players Arshdeep Singh and Kuldeep Yadav during the T20I series against Australia. (AFP Photo) NEW DELHI: India head coach Gautam Gambhir has opened up about the recent debate over his decision to bench key players Arshdeep Singh and Kuldeep Yadav…
When Zohran Mamdani pulled off one of the biggest political upsets in recent New York history—defeating former governor Andrew Cuomo and becoming the city’s first Muslim and South Asian mayor—the focus quickly turned to his charisma and youth-driven appeal. But behind the scenes, another story was unfolding: that of Zara Rahim, a University of Central…
NEW DELHI: Just a few metres away from the redeveloped Kartavya Path (earlier known as Rajpath) – a major component of the Central Vista project – sections of pavements lie broken, a canal that was refurbished has stagnant water, while several vehicles are stationed in a parking lot that has come up unauthorisedly. After the…
NEW DELHI: The office of National Security Adviser (NSA) Ajit Doval has launched a probe into the unprecedented GPS spoofing IGI Airport has been facing for the past few weeks. NSA is learnt to be coordinating with multiple aviation and defence agencies on this issue as spoofing has been usually common in conflict zones. Due…
For millions of American workers, the long-cherished idea of steady financial progress has slowed to a crawl. Raises, once symbols of professional growth and recognition, are becoming rarer. According to Zety’s “Pay on Pause Report” (2025), 41% of employees have not received a meaningful raise in more than two years, while 61% are willing to…
