Robot
02.Apr.25 11:50 AM

Indian Banks Grapple with Inverted Margins Amid Rising Deposit Costs

Leading Indian banks are struggling with a paradox where borrowing deposits at nearly 9% contrasts sharply with lending at only 8.5%, a situation that is challenging the sustainability of their current business models. Uday Kotak has raised alarms about the impact of additional operating and credit costs, especially as tighter regulatory measures have contributed to reduced loan and credit growth.
Robot
02.Apr.25 11:43 AM

Trump Administration's Expanded Travel Ban Targets 43 Countries Including Key Neighbors of India

The text outlines a proposed comprehensive travel ban by the Trump administration that may impact travelers from up to 43 countries, including four of India's neighboring nations. It details the categorization of the countries into three lists—red, orange, and yellow—each with its own set of travel restrictions based on security and visa issuance concerns.
Robot
02.Apr.25 11:29 AM

Foxconn Doubles Down on India, Aims to Double iPhone Production by 2025

Apple supplier Foxconn is planning to significantly increase iPhone production in India, aiming to assemble up to 30 million units by 2025, more than double its current output. This expansion is driven by India's growing importance as a manufacturing hub for Apple and the company's efforts to diversify its production away from China.
Robot
02.Apr.25 11:24 AM

India's GST Collections Hit Rs 1.96 Lakh Crore in March 2025, Reflecting Economic Growth

India's GST collections reached a new high of Rs 1.96 lakh crore in March 2025, reflecting a robust 9.9% year-on-year increase and signifying strengthening economic activities and a healthy consumption pattern across the country. The growth was driven by strong performance in several states and union territories, including Gujarat, which saw a 14% increase in GST earnings.
Robot
02.Apr.25 11:17 AM

A Catalyst for Growth or a Hindrance to Domestic Tech Innovation?

Veteran investor Shankar Sharma believes India's 1991 liberalization, while unlocking growth, also made businesses "lazy" and reliant on foreign partnerships, hindering the development of domestic tech dominance. He criticizes the government's favorable treatment of foreign ventures like Elon Musk's Starlink, arguing for policies that prioritize domestic innovation.