The RBI noted that first defaults are predominantly observed in unsecured advances

rbi reserve bank of india

Markets Today Highlights: On the last trading day of the year, Sensex ended 109 points lower amid weakness in IT and select banks. IT index slipped 1.5%, while India VIX rose over 3% on Tuesday.

Stock market

Stock Market Outlook 2025: Analysts believe India stock markets may continue to witness market consolidation, at least in the first half of 2025

China has been witnessing a rise in incidents of violence targeting random members of the public - including children - in recent months as economic growth stutters

china Flag, China

The Lokpriya Gopinath Bordoloi International Airport (LGBIA), Guwahati, recorded the "highest-ever" international passenger and aircraft movements this year since the Adani Group began managing its commercial operations from October 2021, a company statement said on Saturday.
The airport also registered an increase in domestic passengers and added new domestic destinations during the year, it said.The facility managed 6.26 million domestic and more than 85,000 international passengers.
Of the domestic passengers, 3.09 million were arrivals and 3.17 million departures. Additionally, it handled 47,578 international passenger arrivals and 38,528 international departures, the statement said.
The LGBIA has direct flights to three international destinations - Paro, Malaysia and Singapore - which have contributed to a significant increase in the international passenger count and air traffic movements (ATMs), with the airport witnessing 44,746 domestic and 970 international air traffic ...

guwahati airport roof collapse

The country's private telecom operators face twin challenges on investment recovery in the New Year  customers leaving their network after tariff hikes and satellite players mainly Elon Musk's Starlink eyeing a chunk of their bread and butter data business.
Private operators have invested around Rs 70,000 crore in telecom infrastructure and radiowave assets this year to expand the coverage of next-generation 5G services which is one of the main highlights of 2024 for the sector.
To recover investments and protect margins, private telcos resorted to tariff hikes in mid-year but that move backfired.
Around 2 crore subscribers dropped their connections. Reliance Jio, Bharti Airtel and Vodafone Idea jointly lost 2.6 crore customers due to a 10-26 per cent price hike.
Around 68 customers switched to state-run player BSNL which refrained from price hike. The loss-making PSU still offers generation-old 3G service and is on the path of rolling out 4G network across the country.
Despite ..

telecom

Former US president Jimmy Carter had a personal connection with a Haryana village 'Daulatpur Nasirabad' where his mother had worked as a healthcare volunteer during the late 1960s

Jimmy Carter

Kenya's cost-of-living crisis, to martial law in South Korea. Here's a look at major protests that erupted across the globe in 2024

Pro-Palestinian protests

Footage showed the plane skidding across the airstrip, apparently with its landing gear still closed, and colliding head-on with a concrete wall

jeju air flight crash

The output of eight key infrastructure sectors slowed down to 4.3 per cent in November 2024 against 7.9 per cent growth registered a year ago, according to official data released on Tuesday.
On a monthly basis, the production growth of these sectors was higher than the 3.7 per cent expansion recorded in October 2024.
In November, production of crude oil and natural gas contracted.
The production growth of coal, refinery products, fertiliser, steel, and electricity moderated to 7.5 per cent, 2.9 per cent, 2 per cent, 4.8 per cent, and 3.8 per cent, respectively, against 10.9 per cent, 12.4 per cent, 3.3 per cent, 9.7 per cent and 5.8 per cent in November last year.
However, cement output rose to 13 per cent in the month under review.
The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.2 per cent during April-November this fiscal. It was 8.7 per cent in the same period last fiscal.
The eight core sectors 

Infrastructure, Infra

MG Motor India confirmed showcasing three new models across three new categories, including the MG Cyberster electric sports car, at the upcoming Bharat Mobility Global Expo 2025

MG Cyberster

The Kerala Chief Minister Pinarayi Vijayan on Tuesday vehemently criticised Maharashtra Minister Nitesh Rane for calling Kerala a "mini Pakistan" and said his remarks were highly "provocative and condemnable".
The Sangh Parivar's basic approach towards Kerala is exposed through the words of the Maharashtra minister, the CM said in a statement.
The Sangh Parivar believes that they can isolate a place that's difficult for them to influence by alienating and spreading hate campaigns and these statements came as part of that, he said.
A minister, who made the hate statement, does not deserve to continue in the position, Vijayan said.
"It is surprising that the leadership of the country's ruling party is yet to react to the minister's act of serious breach of oath, which amounted to insulting the country's Constitution," he added.
Later in a post on social media X, the Chief Minister termed the Maharashtra minister's comment as "deeply malicious & utterly condemnable".
Such rhetoric .

Pinarayi Vijayan, Pinarayi, Vijayan, Kerala CM

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Output growth of eight core infra sectors slows down to 4.3% in November

JSW MG Motor to unveil three new models at Bharat Mobility Global Expo 2025

Kerala CM condemns Maharashtra minister Rane's 'mini Pakistan' remark

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