NEW DELHI: People in India’s 46 million-plus cities are earning significantly more than their counterparts in other urban areas, a new report released by NSO showed Monday. In 2025, a self-employed worker in Delhi, Bengaluru, Patna, Ahmedabad, Surat and Mumbai, among others, earned an average Rs 30,858 a month — 34% higher than their counterparts…

MUMBAI: :Stress is emerging in the micro-borrower segment of the MSME industry, particularly for loans with ticket sizes below Rs 2 crore, even as larger enterprises remain relatively resilient amid geopolitical headwinds, tighter working capital conditions, and global supply chain pressures. The divergence in asset quality across MSME segments has widened, with micro borrowers showing…

Pramit Jhaveri makes comeback, to join Tata-run NCPA board MUMBAI: Pramit Jhaveri is set to be back in the Tata Trusts ecosystem—but through a different door. He will be joining the board of the National Centre for the Performing Arts (NCPA) as an independent member, marking his return to one of Trusts’ most prestigious institutions….

NEW DELHI: The Union cabinet has cleared fresh investment commitment of Rs 30,000 crore towards new funds being set up by National Investment and Infrastructure Fund (NIIF) as it seeks to leverage the additional resources to raise money from other investors. NIIF intends to set up a second infrastructure focused fund and will also support…

In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman MUMBAI: The HDFC Bank board has appointed former chief election commissioner and ex–finance secretary Rajiv Kumar as chairman of the bank, subject to RBI approval. Starting June 30, the board has proposed a four-year term. The appointment ends uncertainty over the next chairman, following the sudden…