Punjab National Bank aims to improve its financial health by selling approximately 100 NPA accounts to ARCs, expecting a recovery rate of 40-50%. PNB is also targeting a total business of Rs 30 lakh crore by the end of the…
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Confederation of Indian Industry suggests land reforms. It proposes a GST-like council for coordinated reforms. CII advocates for uniform stamp duty rates across India. It recommends Integrated Land Authorities in each state. Full digitization of the conversion process is also…
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India is now a leading smartphone supplier to the US. Electronics manufacturing has reached Rs 12 lakh crore. Electronic production has grown six times in 11 years. Exports have increased eightfold to Rs 3 lakh crore. India is the second-largest…
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Indian public sector banks are aggressively expanding their retail loan portfolios. They are growing faster than private sector banks in this segment. State Bank of India, Bank of Baroda and Punjab National Bank are leading this growth. Private banks are…
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The sale was conducted under the Insolvency and Bankruptcy Code (IBC) and overseen by the National Company Law Tribunal (NCLT).
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Facing potential tariffs, some Indian textile companies like Pearl Global Industries are shifting US-bound production to countries like Vietnam, Indonesia, and Bangladesh, where tariff structures are more favorable. This strategic move aims to maintain customer relationships and profitability amidst evolving…
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