BENGALURU: For much of 2025, artificial intelligence did not enter people’s lives through dramatic product launches or viral demos. Instead, it slipped in quietly, taking over small, repetitive tasks that many users barely noticed. What began as casual experimentation with chatbots has, for many, evolved into a set of everyday tools that now handle remembering, […]
Track asset quality closely, RBI tells NBFC chiefs again
MUMBAI: Reserve Bank of India on Monday warned non-banking financial companies in Mumbai to tighten underwriting and monitor risks closely, marking the third caution in eight days.The RBI met managing directors and CEOs of select NBFCs, including govt NBFCs, housing finance companies and microfinance institutions. The governor said while NBFCs play a key role in […]
RBI governor meets NBFC leaders: Sanjay Malhotra calls for sound underwriting; stresses asset quality
RBI governor Sanjay Malhotra (File photo) Reserve Bank Governor Sanjay Malhotra met senior executives of major non-banking financial companies (NBFCs) on Monday to discuss key issues facing the sector, stressing the need for strong lending standards and close monitoring of loan quality.The meeting was attended by heads of government-owned NBFCs, housing finance companies and microfinance […]
US manufacturing: ISM index records yearly low in December; activity contracts for 10th straight month
Manufacturing activity in US was at record bottom December, marking 10th consecutive month of contraction. The Institute of Supply Management (ISM) index slipped to 47.9 from 48.2 in November.The latest figures mark the lowest reading for the year, with production levels falling below November’s numbers. While employment showed a minor uptick of 0.9 percentage points, […]
Hyderabad startup SmartGreen Aquaculture sets up India’s 1st inland trout farming project in Hyderabad
HYDERABAD: SmartGreen Aquaculture (SGA), a Hyderabad-based startup, has set up what is touted as India’s first inland, premium trout farming facility in Kandukur mandal of Telangana’s Ranga Reddy district, on the outskirts of Hyderabad, at an initial investment of $6 million (approx. Rs 54 crore).The facility, based on the sustainable recirculating aquaculture system (RAS) technology […]
US stock market: Wall Street opens higher in first full trading week of 2026, tech & energy stocks rise; impacted by Maduro’s capture
US Wall Street opened higher on Monday as tech stocks bounced back and energy shares climbed after the US captured Venezuelan President Nicolas Maduro in a military operation over the weekend. The Monday session, marks the opening for the first full week of trading in 2026. US markets opened for the first time in the […]
Venezuela crisis impact: Global oil prices slip after US strikes; demand for safe-haven assets rises
Oil prices dipped on Saturday after the United States launched a surprise military operation in Venezuela, capturing President Nicolas Maduro and his wife on drug trafficking charges, triggering sharp moves across global markets.Crude prices fell as investors bet that the political shift could eventually pave the way for higher oil output from Venezuela, which holds […]
49 crypto exchanges register with FIU in FY 2024-25; focus on curbing money laundering, terror funding: Report
49 Crypto Exchanges, majority based in India, registered with financial intelligence unit (FIU) which works under ministry of finance, in fiscal year 2024-2025. Such a move comes as part of the country’s efforts to combat money laundering and prevent terrorist financing risks in the digital currency sector. It comes as a strategic analysis of suspicious […]
Rupee declines for 4 days straight: Currency slips 8 paise against US dollar; settles at 90.28
NEW DELHI: Rupee continued to slide against the US dollar on Monday. It ended 8 paise lower at 90.28 (provisional) against the US dollar, pressured by firm American currency and weak equity market sentiment.Renewed geopolitical tensions triggered by the US military action in Venezuela strengthened the dollar across global markets, forex dealers said, overshadowing the […]
Trump’s fresh tariff threat: Will stopping Russian oil imports ease US pressure on India? Time for a clear call
Russia continued to be the India’s largest crude supplier between April and November 2025. (AI image) US President Donald Trump on Monday warned India of higher tariffs if it doesn’t cooperate with America on the issue of Russian crude oil imports. The warning comes at a time when Indian exports already face heavy trade penalties […]