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Banks' underwriting standards at risk amid consumer loan growth: Fitch

Indian banks have reported strong loan growth over the last few quarters, boosted by consumer spending amid firm economic growth

Realty firm Shapoorji group seeks more time to clear bondholder payments

The company is required to pay around 1,400 crore rupees ($167.62 million) to bondholders of Goswami Infratech when it services the debt of another group company Sterling Investment Corp

Russian air defence system downs Ukraine-launched missiles, 31 drones

On Sunday, 15 people were killed in Belgorod when a section of an apartment block collapsed after being struck by fragments of a Soviet-era missile, launched by Ukraine and shot down by Russian forces

Bond yields expected to trend lower after second government buyback

India will report consumer price inflation data today

China to kick off long-awaited $138 bn stimulus bond issues this week

Market participants have been waiting for weeks for details of the issuance pipeline of these special treasury bonds

France gets $16 bn in foreign investments as part of 'Choose France' event

That amount represents an increase from last year's summit, which brought in 13 bn euros

Asia stocks brace for US inflation test, Chinese data to test optimism

There are also reports Chinese authorities are laying the groundwork for a sale of 1 trillion yuan ($138.39 billion) in longer-dated bonds to help fund stimulus spending at home

Before global scrutiny, Indian spice maker MDH faced several US rejections

Hong Kong suspended sales last month of three spice blends made by MDH and one by another Indian company, Everest, for apparently containing high levels of a cancer-causing pesticide

Pfizer, AstraZeneca announce new investments of nearly $1 bn in France

Their investment pledges came as President Emmanuel Macron prepared to kick off on Monday the annual 'Choose France' event aimed at wooing big overseas businesses and investors

SoftBank Group's Arm Holdings plans to launch AI chips in 2025: Report

Arm will pay for initial development costs, which may go up hundreds of billions of yen, with SoftBank also contributing, the report said

British newspaper groups warn Apple over ad-blocking plans, says report

NMA is an association of UK-based national, regional and local news media organizations, according to its website

US presidential polls: Trump campaign not considering Haley as running mate

Trump is in no hurry to pick a running mate, according to advisers. He will not be formally nominated until the Republican convention in Milwaukee, Wisconsin, in July

As IDF continues to advance towards Rafah, Hamas releases hostage video

Hamas released a video saying that Nadav Popplewell, who was taken hostage from the southern Israeli community of Kibbutz Nirim, died after being wounded in an Israeli strike in Gaza

China new bank loans fall more than expected in April to 730 bn yuan

Chinese banks extended 730 billion yuan ($101 billion) in new yuan loans in April, down sharply from 3.09 trillion yuan in March and falling short of analysts' expectations, according to bank's data

Strong solar storm hits Earth, disrupts Musk's Starlink satellites

Starlink owns around 60% of the roughly 7,500 satellites orbiting Earth and is a dominant player in satellite internet

China's PBOC pledges to ensure reasonably ample liquidity, credit growth

The People's Bank of China (PBOC) said it will make its monetary policy flexible, precise and effective and promote a moderate recovery in consumer prices

Thermax's Q4 results: Net profit rises 20.5% to Rs 188 cr on strong demand

Capital goods companies in India have benefitted from the government's push on infrastructure and clean energy through increased capital expenditure and production-linked incentive schemes

Sapphire Foods Q4 results: PAT declines 98% to Rs 2.39 cr on slow demand

The Yum Brands franchisee's consolidated net profit fell 98% to Rs 2.39 crore ($286,271.4) for the quarter ended March 31, marking its fourth straight quarterly profit fall

Dr. Lal PathLabs Q4 results: Net profit rises 49% on healthy testing demand

The company's consolidated net profit jumped 49% year-on-year to Rs 84.5 crore ($10.1 million) in the fourth quarter

Novavax signs Covid-19 license deal with Sanofi, secures business viability

Novavax said it would co-commercialize its Covid-19 vaccine with French drugmaker Sanofi and develop new Covid-19-influenza combination vaccines using Novavax's Matrix-M adjuvant