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Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit BharatIndia's economic growth rate is robust, but experts caution it may not be sufficient for significant wealth creation. A key concern is the ...
- The $4.50 gas economy: Fewer nights out, more belt-tighteningAs fuel prices continue to rise, many American families are feeling the financial crunch. With budgets tightening, people are cutting back ...
- Global Markets | Australian shares slide as banks, CSL drag; US‑Iran tensions hit risk appetiteBiotech darling CSL tumbled 16% after it slashed its full-year 2026 outlook and flagged a $5 billion impairment. The stock dragged the hea...
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- Australian banks warned frontier AI could create larger, faster cyber attacksAustralia's banking regulators, APRA, are sounding the alarm over escalating cyber threats. Advanced AI tools like Anthropic's Claude Mytho...
- Iran's economy was weak before the war, now it's worseIran’s economy, already under strain with nearly 50% inflation, has worsened sharply after more than five weeks of war. Prices of basic goo...
- IBC may come up in Budget session for faster resolution, cross-border normsThe proposed legislative changes also include a code of conduct for the committee of creditors (CoC) that decides on insolvency resolution ...
- View: Making the Budget work in practiceConcerns raised over the budget proposal to set up a bad bank to relieve banks of their burden of bad loans are misplaced. To ease the flow...
- View: India's plan to set up a bad bank to resolve NPA crisis is riddled with problemsHere are some basics about bad banks. Commercial banks transfer their bad loans to a newly formed entity — a non-deposit-taking ARC, or a b...
- Govt may provide some guarantee for bad bank, says FMShe did not provide details of likely structure or the capital required for the new entity but said the non-performing assets (NPAs) in the...
- Sitharaman's bad bank plan sparks concern loan prices could be inflatedThere are many details about the bad bank that policy makers haven’t clarified, including its ownership structure, which makes any analysis...
- Why Budget proposal for setting up of a bad bank is a good ideaFinance minister Nirmala Sitharaman announced an asset reconstruction company (ARC) will be set up to consolidate and take over the existin...
- FM allocates Rs 20,000 crore for bank recapitalisation, proposes AMC-ARC for NPAsThe FM also announced an ARC-AMC mechanism (Bad bank) to tackle the bad loans among banks. A bad bank takes over the bad debts of banks, th...
- CEA Subramanian pitches for private sector-led bad bank to deal with NPAsEarlier this month, RBI Governor Shaktikanta Das indicated that the central bank can consider the idea of a bad bank to tackle non-performi...
- Budget 2021: Bad banks plan back on table to tackle NPAsA bad bank is an entity that purchases non-performing assets (NPAs) from banks at market price, clearing the balance sheet of lenders and i...
- Uttar Pradesh records first Covid-19 fatality with death of 25-year-oldAccording to reports from ET Bureau, a 25-year old boy from Basti passed away in BRD Hospital in Gorakhpur. Worryingly, he was found to be ...
- Budget 2016: 'Banks will have to reinvent to bankroll growth'"Sticky loans, harsh clean-up, and unsettling technology have driven banks to the crossroads. They have to reinvent to bankroll growth."
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