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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
No planned date to return to Earth for two NASA astronauts due to issues with Boeing Starliner spacecraft
The two NASA astronauts were scheduled to return on June 14. However, the pair has no set date to r…
ANI
Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head
Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…
PTI
In a bid to increase domestic coal output, Centre to auction 60 coal blocks today
In a bid to increase the coal production in India, the Union Minister of Coal and Mines G Kishan Re…
ANI
Democratic group to air commercial calling on Biden to drop out during his favorite show
The group, Pass the Torch, said that it plans to air the advertisement on "Morning Joe" until Biden…
Alice Tecotzky
An ultra-safe corner of the commercial real estate debt market is seeing losses as the sector struggles
Commercial mortgage bonds backed by high-quality properties are showing signs of distress as the ma…
Jennifer Sor
A developer is planning a commercial spaceport near Las Vegas that includes a pilot school and STEM academy
Real estate developer Rob Lauer is planning a commercial spaceport near Las Vegas that includes a h…
Lauren Edmonds
Indian auto retail sector records 27% YoY growth in April: FADA
The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…
ANI
Two of RPower's subsidiaries settle ₹1,023-crore debt
, Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with…
PTI
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
A first officer fainted during a flight to Lisbon. It's a reminder why commercial airplanes should always have 2 pilots.
An easyJet pilot fainted during a flight from London to Lisbon on Saturday. The incident shows why …
Mikhaila Friel
Investors have lined up over $250 billion to scoop up distressed commercial real estate as pain in the sector continues
Private equity has around $256 billion in cash on the sidelines earmarked for properties in North A…
Jennifer Sor
AstraZeneca withdraws COVID-19 vaccine worldwide, cites commercial reasons
AstraZeneca has announced that the vaccine was being removed from markets for commercial reasons.
ANI
Firm economic growth helped Indian automobile industry post 12.5% sales growth
Backed by robust economic growth and conducive government, the Indian automobile industry has poste…
ANI
Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts
A high concentration of commercial real estate loans will cause more banks to fail, Pimco's John Mu…
Filip De Mott
D B Realty raises ₹920 cr by selling shares to institutional investors via QIP
D B Realty on Thursday said it has raised Rs 920 crore by selling shares to institutional investors…
PTI
Commercial real estate foreclosures have spiked 117% over the past year
The office sector continues to lead the commercial real estate downturn, with delinquency rates for…
Filip De Mott
Big banks are more at risk of a commercial real estate meltdown than people think, new study says
Commercial real estate debt could bring greater systemic risk than is currently implied by bank bal…
Filip De Mott
Flying taxis just got another step closer to reality as $1 billion startup Archer received approval for commercial operations
Archer Aviation has received an order worth $1 billion from United Airlines, and now its eVTOLs are…
Pete Syme
People are tearing into Apple for its latest iPad commercial: 'Steve wouldn't have shipped that ad'
"Who thought this was a good idea??" one person wrote on X.