Friday, August 21
Mumbai: Banks' gross non-performing assets ratio will improve further to 1.9 per cent by March 2027 under a baseline scenario, the Reserve Bank said on Wednesday.As of September 2025, the key ratio stood at a multi-decade low of 2.1 per cent, the central bank said in its half-yearly Financial Stability Report."The aggregate GNPA ratio of the 46 banks may improve from 2.1 per cent in September 2025 to 1.9 per cent in March 2027 under the baseline scenario," the report said.The GNPA ratio may rise to 3.2 per cent and 4.2 per cent under adverse scenarios, the Reserve Bank of India (RBI) said, pointing to results of its stress tests.From a capital buffers perspective, the report said, the capital to risk-weighted assets ratio (CRAR) remained strong as of September, with state-owned banks at 16
As the new year opens, one workplace truth is loud and clear: flexibility is here to stay. After a post-Covid return-to-office push, companies are recalibrating in 2026 – shifting from attendance policing to outcome-led work design to attract and retain talent amid a scarcity of skilled professionals, rising burnout and global competition for skills. The demand for flexibility cuts across generations, markets and job levels, HR heads and workforce experts said. Hybrid-by-design roles, fluid workdays and ultraflex models are on the rise as employers increasingly accept that work cannot be run on attendance alone, they said, as research bears out that flexibility boosts workplace effectiveness. “Between 2023 and 2025, many companies treated return-to-office as a compliance exercise, link
New Delhi: Indraprastha Gas Ltd, India's largest city gas retailer, on Wednesday announced a Rs 0.70 cut in prices of natural gas piped into household kitchens for cooking in Delhi and NCR towns.The reduction in rates will be effective January 1, the company said in a post on X."IGL has announced a substantial reduction in its domestic piped natural gas (PNG) prices this coming New Year for its consumers in Delhi and NCR by Rs 0.70 per standard cubic metre (scm)," it said."The revised price after reduction shall be Rs 47.89 per scm in Delhi, Rs 46.70 per scm in Gurugram and Rs 47.76 per scm in Noida, Greater Noida and Ghaziabad." The reduction follows the sector regulator Petroleum and Natural Gas Regulatory Board's (PNGRB) recent overhaul of pipeline tariffs. Think Gas has already announc
New Year 2026: The India Meteorological Department (IMD) has predicted dense to very dense fog over Delhi during the morning hours of first day of January 1. The weather agency also said that parts of the national capital can experience light rainfall on the first day of the new year. Also Read- Happy New Year wishes Best 100+ messages, quotes, greetings & WhatsApp status to share with loved ones"Dense to Very Dense Fog very likely at isolated places over East Uttar Pradesh, Haryana, Chandigarh & Delhi, Odisha and Punjab till morning hours of January 1," IMD said in its weather bulletin on Wednesday. The fog conditions in the national capital may persist till January 5, 2026.Also Read- New Year's eve liveIMD has warned of fairly widespread to widespread heavy rainfall and snowfall
The U.S. Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the U.S. economy right now, according to minutes of the latest two-day session.Even some of those who supported the rate cut acknowledged "the decision was finely balanced or that they could have supported keeping the target range unchanged," given the different risks facing the U.S. economy, according to the minutes released on Tuesday.In economic projections released after the December 9-10 meeting, six officials outright opposed a cut and two of that group dissented as voting members of the Federal Open Market Committee."Most participants" ultimately supported a cut, with "some" arguing that it was an appropriate forward-looking strategy
