India’s banking sector is projected to witness a year-on-year credit expansion of ₹19 lakh crore to ₹20.5 lakh crore in FY2025-26, amounting to a growth of approximately 10.8%, according to a report by ICRA, a leading credit rating agency. This expansion is expected to be driven by recent monetary easing measures implemented by the Reserve Bank of India (RBI), though structural challenges in deposit mobilisation and rising credit-deposit ratios may temper growth momentum. According to

Washington, D.C. — The U.S. Department of Energy (DOE) has announced a sweeping plan to power the future of artificial intelligence by identifying 16 federal sites for the rapid development of energy infrastructure. With nuclear and renewable sources in focus, these locations are poised to support the surging energy requirements of large-scale AI systems.Described by U.S. Energy Secretary Chris Wright as “the next Manhattan Project,” the initiative signals a

This month, a severe winter storm swept across the United States, causing widespread chaos, fatalities, and significant damage. The storm, which struck from the mid-Atlantic to the South, left at least seven people dead and nearly half a million energy customers without power. The deadly storm began with strong winds, heavy rain, and even the formation of tornadoes. In Michigan, four people tragically lost their lives as a result of the storm, with one incident involving a tree falling onto a

US Vice President JD Vance is set to visit India later this month, marking his second international trip since assuming office. Accompanying him on this visit will be Second Lady Usha Vance, who will visit her ancestral homeland for the first time in her official capacity. This visit follows JD Vance’s recent diplomatic trips to France and Germany, where he attended the Munich Security Conference and made headlines with his sharp critique of European governme

IDBI Bank has announced its Recruitment 2025 drive to fill key leadership roles in the organization. The Industrial Development Bank of India (IDBI) is inviting applications for three positions: Chief Economist, Head - Data Analytics, and Deputy Chief Technology Officer (Channels). These positions will be offered on a contract basis.   Vacancy Details and Key Roles The following posts are open for applications in the IDBI Bank Recruitment 202

In a major boost to Andhra Pradesh's renewable energy sector, Tata Power Renewable Energy Limited has committed to investing ₹49,000 crores in the state. This substantial investment is part of Andhra Pradesh’s ongoing efforts to attract large-scale investments under the leadership of Chief Minister N. Chandrababu Naidu. The agreement was officially signed on Friday in the presence of Nara Lokesh, the national general secretary of the Telugu Desam Party (TDP) and the Minister for I

India’s Global Capability Centres (GCCs) are set to expand their workforce significantly in 2025, with hiring expected to increase by 27% compared to the previous year. This marks the second consecutive year that GCCs are outpacing traditional IT services firms in job creation.The hiring surge is driven by a rising demand for domain experts and specialized skills, particularly in engineering research and development (ER&D), artificial intelligence (AI), cybersecurity, and data analy

The United States has reportedly asked India to eliminate tariffs on nearly all goods except agricultural products, according to a CNBC-TV18 report on March 6. If India accepts this demand, it would mean removing key trade protections while receiving little in return. The proposal has raised concerns in India, as it comes amid escalating trade tensions between the two countries.US President Donald Trump has been vocal in his criticism of India’s trade policies, repeatedly labeling them

Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m

The Union Budget 2025 introduced a significant revision to the income tax exemption limit, raising it to ₹12 lakh. This change has sparked expectations of increased consumer spending, particularly in sectors such as automobiles and fast-moving consumer goods. With more disposable income available to middle-class taxpayers, the automotive industry is poised to see shifts in demand, with varying effects across vehicle segments. Analysts believe that while this tax policy revision may drive ov

Adani Group has issued a statement refuting claims that its 484 MW wind power projects in Sri Lanka, located in Mannar and Pooneryn, have been cancelled. The company clarified that the recent decision by the Sri Lankan Cabinet to reevaluate the tariff approved in May 2024 is part of a routine review process, especially with the new administration in place. The reevaluation aims to align the terms with the country’s evolving energy policies. The company emphasized its commitmen

Protein deficiency can occur due to inadequate dietary intake, poor absorption, or increased protein needs during illness or pregnancy. Protein plays a crucial role in muscle repair, immune function, energy production, and tissue regeneration. A deficiency in protein can lead to muscle loss, weakened immunity, fatigue, and various physical and systemic issues. Here are 10 common signs of protein deficiency to watch out for: Muscle Weakness and Loss

Trump’s National Energy Emergency Declaration President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence. Focus on Alaska’s Natural Resources Trump will also sign an executive order targeting Alas

Waaree Energies Solar Module Supply Contract Waaree Energies Ltd. announced receiving a letter of award for supplying solar PV modules with a total capacity of 180 megawatt peak. The modules will be provided to a renowned customer in the renewable energy sector, specifically for the development and operation of renewable power projects in India. The supply is expected to start in the financial year 2025–26. Acquisition of Enel Green Power India

Jefferies predicts that 2025 will be a year of reckoning for Contract Development and Manufacturing Organization (CDMO) stocks, where actual earnings performance will determine the sector’s winners and laggards. While CDMO stocks saw remarkable returns in 2024, ranging from 20% to 80%, the brokerage points out that earnings were mixed, with some companies seeing upgrades, while others experienced sharp downgrades. Despite this, investor confidence remains strong, driven by long-term opt

In a statement made Friday at the White House, President Joe Biden expressed concerns about the difficult position Russian President Vladimir Putin now finds himself in following the latest round of sanctions imposed by the US and the UK. These sweeping sanctions target Russia’s critical energy sector in response to its ongoing invasion of Ukraine. Biden described Putin as being in "tough shape" and stressed the importance of denying him any opportunity to continue his aggress

Infosys, the major IT company, has postponed its annual salary hike for the fourth quarter of FY 2024-25, following the last increase in November 2023. This delay highlights the ongoing uncertainties within the domestic IT sector. One of the key reasons cited for the slowdown is the lack of increased IT spending from clients, influenced by macroeconomic factors, including potential tariffs under the upcoming Donald Trump administration. Infosys is not alone in this move, as other large IT com

Andhra Pradesh Chief Minister N Chandrababu Naidu clarified that no action would be taken against Adani Green Energy Limited (AGEL) concerning allegations of bribery until concrete proof is provided. Speaking at the Telugu Desam Party (TDP) headquarters in Mangalagiri, Naidu emphasized the need for more evidence, especially as the case is still under investigation in the United States. He noted that the state government cannot act based on mere allegations and will await the outcome of the le

On Friday, Russia launched a massive aerial assault on Ukraine, firing 93 missiles and nearly 200 drones, marking one of the heaviest attacks on the country’s energy sector since the invasion began nearly three years ago. Ukrainian President Volodymyr Zelenskyy described the assault as part of Russia’s ongoing strategy to terrorize millions of people and demanded a strong global response. Ukraine's air defense systems intercepted 81 missiles, including 11 cruise miss

In a major boost to Rajasthan's economic prospects, the Adani Group has pledged to invest Rs 7.5 lakh crore in the state over the next five years. This massive investment will fund key infrastructure projects, including the creation of four new cement plants and the establishment of a world-leading green energy ecosystem. Karan Adani, CEO of Adani Ports, shared these details at the 'Rising Rajasthan' Investor Summit 2024, where he highlighted the ambitious plans to build the world