Indian public and private sector banks reported non-performing asset ratios at their lowest level in over a decade reflecting improved credit underwriting and economic growth.
Month: June 2026
India EV Two-Wheeler Market Records Strongest Quarter as Ola and Ather Lead Charge
India’s electric two-wheeler market recorded its strongest quarter of growth with domestic manufacturers Ola Electric and Ather Energy taking the top market share positions.
India Secures Investment from Japan and South Korea in Semiconductor Supply Chain Build-Out
India announced fresh investment commitments from Japanese and South Korean semiconductor firms as it works to build a domestic chip manufacturing ecosystem.
SpaceX Revenue Could Hit $1 Trillion by 2030 but Analysts Debate Feasibility of Bold Forecast
Wall Street analysts were divided over Elon Musk’s $1 trillion revenue prediction for SpaceX by 2030 given that the company posted a $4.28 billion net loss in the first quarter of 2026.
India Naxal-Free Districts Count Grows as Government Claims Major Internal Security Milestone
The government claimed a major internal security achievement with a significant rise in the number of districts now declared free from Naxal violence.
US Student Loan Repayment Push: Trump Admin Targets Near-$2 Trillion Federal Debt Burden
The Trump administration launched a fresh drive to restart stalled student loan repayments as federal student loan debt approaches the $2 trillion threshold.
India New MoU with France in AI Climate Action and Civil Nuclear Energy Signed at G7
France and India formalised a cooperation agreement on artificial intelligence climate action and civil nuclear energy on the sidelines of the G7 summit in Evian.
Global AI Compute Race Heats Up as Google and Anthropic Compete for SpaceX GPU Capacity
The announcement of two massive compute deals between SpaceX and Anthropic and then SpaceX and Google signalled an intensifying global race for AI computing infrastructure.
India Fiscal Deficit at 62.3 Percent of Full Year Target by November on Strong Tax Revenue Collection
India’s central government fiscal deficit reached 62.3 percent of the full-year Budget Estimate by end-November 2025 with strong revenue collection and capital expenditure on track.
India Sugar Production Surges 23 Percent in Oct-Dec Period Hitting 11.83 Million Tonnes
India’s sugar production jumped 23.4 percent to 11.83 million tonnes during October-December driven primarily by a strong surge in output from Uttar Pradesh.