Healthcare emergencies have emerged as one of the leading reasons for personal loan borrowing in urban India, highlighting gaps in health insurance coverage and rising medical costs, according to a new consumer research report released by Paisabazaar.The study, titled The Personal Loan Story, found that 11% of personal loan borrowers nationwide took credit to meet…
Billionaire founder Deepinder Goyal has relinquished over Rs 1,000 crore worth of unvested employee stock options (ESOPs) at Eternal, marking one of the most significant founder-led governance moves seen in India’s listed internet sector in recent years.The decision comes alongside a leadership transition at the food delivery and quick-commerce major, with Goyal stepping down as…
US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained…
NEW DELHI: Credit rating agency ICRA has projected a sharp rise in India aviation industry’s losses to Rs 17,000-18,000 crore in FY2026, compared to Rs 5,600 crore in FY2025, due to multiple factors like slowing domestic traffic growth, increase in jet fuel prices and the depreciating rupee. Additionally, 133 aircraft of Indian carriers — representing…
India’s exports to the European Union is facing higher import tariffs from January 1, 2026, after the EU suspended Generalised Scheme of Preferences (GSP) benefits for 87% of Indian goods, according to a report by trade policy think tank, Global Trade Research Initiative (GTRI).The move means that a large share of Indian exports will now…
Education leaders and edtech executives have called for higher and better-targeted allocations in Budget 2026 to strengthen skilling, digital learning infrastructure and higher-education financing, saying education spending will be critical to India’s ambition of becoming a global talent and education hub.Ravin Nair, Managing Director, QS I-GAUGE, said the upcoming Budget must focus on outcomes, especially…
HYDERABAD: Climate-tech company Sow & Reap Chara Pvt Ltd and Sagar Cements Limited have signed a 10-year offtake agreement to deploy integrated biochar and gasification units at Sagar Cements’ Mattampally plant in Telangana, aiming to decarbonise the energy-intensive calcination stage of cement manufacturing and support the company’s net-zero emissions reduction target by 2030.Under the project,…
HYDERABAD: UPC Volt, a joint venture between Netherlands-based UPC Renewables Group and VOLT Data Centers, plans to set up a 100 MW AI-ready data centre in Bharat Future City with an investment of Rs 5,000 crore over five years.The project is expected to create over 3,000 direct and indirect jobs during construction and over 800…
NEW DELHI: Responsible Artificial Intelligence (AI) is rapidly becoming a business imperative for Indian enterprises, moving beyond ethical intent to a strategic priority linked with trust, governance, and long-term value creation, according to Nasscom’s State of Responsible AI in India 2025 report.The report, unveiled at the Responsible Intelligence Confluence in New Delhi, reveals that nearly…
The former deputy managing director of IMF Gita Gopinath flagged that pollution poses a bigger threat to India’s economic growth than global trade tariffs and must be tackled as a top national priority, during a discussion on the Indian economy at the World Economic Forum in Davos.Gopinath said debates on business development often focus on…
