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Month: February 2025
Hero Moto CEO quits, co carves out electrics biz
Hero MotoCorp will appoint Vikram Kasbekar as acting CEO effective May, following Niranjan Gupta’s departure. The restructuring also designates Ram Kuppuswamy and Ashutosh Varma in […]
Bank credit aligning with deposits growth, no stress
Bank loans continue to show no stress at the macro level, remaining well below the long-term trend as a percentage of GDP. By Dec 2024, […]
Structural reforms, deregulation key to unlock growth potential
India’s economy is projected to grow between 6.3-6.8% in 2025-26 amid global uncertainties, according to a finance ministry report. The Eco Survey highlights the need […]
Import duties seen in sync with global commitments
The Economic Survey indicates India’s import duties have decreased over the years, aligning with global commitments. Tariffs, seen as tools for developing industries, face mixed […]
Desi titans of tech are now Lords of cricket
A consortium of US-based Indian tech executives, including CEOs from Microsoft, Google, and Adobe, won a £295 million bid to co-own 49% of the London […]
Plane with 6 aboard crashes on road in Philadelphia, erupts into huge fireball
A medical transport Learjet 55 crashed in Northeast Philadelphia shortly after takeoff, causing a fireball and igniting nearby homes. The incident occurred near Northeast Philadelphia […]