The report flags sluggish household deposit accretion and muted growth in low-cost deposits as the key structural challenges for banks in the current cycle. While deposits have broadly grown in double digits, momentum has failed to keep pace with credit growth.
India is entering a pivotal phase in Battery Energy Storage Systems (BESS) deployment, with demand expected to rise sharply in the coming years even as the country works to overcome deep structural barriers in manufacturing, technology integration and supply-chain resilience, according to a
The Oil Companies Advisory Council (OCAC) has once again sounded the alarm, drawing the attention of the Oil and Gas Regulatory Authority (Ogra) to a host of pressing issues from unrecovered sales tax and exchange rate losses to port inefficiencies and the rushed digitisation of retail outle
Pune (Maharashtra) [India], December 9: As Indian organizations dramatically increase the number of conferences, exhibitions, learning sessions, employee engagements and product activations they conduct each quarter, the event management sector is undergoing a structural transition. What was
The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
In the wake of the deadly fire at a restaurant-club in North Goa's Arpora that claimed the lives of 25 people, the State Disaster Management Authority (SDMA) issued an advisory to all nightclubs, restaurants, bars, event venues, and similar establishments operating within the State. SDMA
A drone strike in February severely damaged Chernobyl's protective New Safe Confinement shield, causing it to lose key safety functions. The IAEA urged major repairs, though core structures remain intact. The arch was built to contain radiation decades after the 1986 disaster and cost about
The ongoing India-Nepal Joint Exercise SURYAKIRAN marked a significant milestone over the past two days with a dedicated Humanitarian Assistance and Disaster Relief (HADR) capsule conducted by the National Disaster Response Force (NDRF). As per the release, the module showcased precision
Pakistan's struggle to meet its revenue targets for the ongoing fiscal year has once again highlighted the deep-rooted structural inefficiencies within the Federal Board of Revenue (FBR). Preliminary figures from the first quarter of FY 2025-26 reveal a shortfall of nearly Rs200 billion, sig
An integrated policy action framework is needed to transform India into a globally competitive creative economy hub by 2030, according to the CII's India's M&E Sector Report released at the 12th CII Big Picture Summit 2025 in Mumbai. The report says that it would drive the Media and Entertai
As Cyclone 'Ditwah' intensifies over the Bay of Bengal and heavy to extremely heavy rainfall lashes coastal Tamil Nadu and Puducherry, the National Disaster Response Force (NDRF) has launched an all-out preparedness drive, including specialised teams deployed across vulnerable districts a
India's economy grew by 8.2 per cent in the second quarter of 2025-26, marking a strong acceleration from last year's 5.6 per cent growth for the same period. Speaking to ANI, noted economist Kirit Parikh said the growth was "certainly, a very good achievement, and we should continue."