Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.
The Akshay Wadkar-led side are coming off a massive 221-run victory over Rajasthan in their previous contest.
From the Sensex pack, Infosys, Tech Mahindra, Nestle India, Tata Consultancy Services, HCL Technologies, Asian Paints, Axis Bank, Zomato, Hindustan Unilever, and Bharti Airtel were among the laggards. On the other hand, IndusInd Bank, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, HDFC Bank, ITC, Sun Pharma, Bajaj Finserv and UltraTech Cement were the gainers.
The 16-year-old, who had won the silver medal in the 1500m freestyle event on Friday, bettered his personal best time by 1:45s as he clocked 1:54.50s.
Vedanta Ltd on Friday said it has been declared as preferred bidder for a diamond mine in Madhya Pradesh. The company said it is the highest bidder with a final price offer of 1.10 per cent.
Vidarbha head coach Usman Ghani lauded the young players for their performances in the team's third Ranji Trophy triumph.
Former Pakistan spinner Danish Kaneria has criticized Babar Azam for focusing on personal milestones over team success, expressing concerns about Pakistan's preparations ahead of their crucial Champions Trophy clash against India. He believes Pakistan's recent struggles, including a disappointing Tri-Nation Series campaign and a 1-1 draw against the West Indies in a home Test series, point to a lack of readiness for the India encounter.
Slain Reuters photojournalist Danish Siddiqui's parents will initiate legal action for an investigation into his killing and to bring to book those responsible, including high-level commanders and leaders of the Taliban.
In a letter to the prime minister, Ali also demanded that he be provided enhanced security in view of an "escalation of threats" against him.
Karun Nair slammed his fourth century of the Ranji Trophy season to help Vidarbha tighten their grip over Kerala, in the final, in Nagpur on Saturday.
As a special gesture, Frederiksen received Modi at the airport. He arrived in Copenhagen from Germany.
'Now we have one of the best asset qualities in the industry.'
The Reserve Bank of India (RBI) on Friday cut the repo rate by 25 basis points to 6.25 percent, marking the first reduction in five years. The central bank also projected GDP growth for fiscal year 2026 at 6.7 percent and inflation to come down to 4.2 percent in FY26 from 4.8 percent in FY25. The RBI said the global economic backdrop remains challenging but the Indian economy continues to remain strong and resilient.
From the Sensex pack, HDFC Bank, Maruti, Tech Mahindra, HCL Tech, ITC, ICICI Bank, Kotak Mahindra Bank and Bajaj Finance were among the biggest laggards. NTPC, Adani Ports, Mahindra & Mahindra, Tata Steel and IndusInd Bank were among the gainers.
Siddiqui, who won a Pulitzer Prize in 2018, worked for Reuters news agency and was killed on Friday in the town of Spin Boldak, near the border with Pakistan. He was embedded with Afghanistan special forces at the time of his death.
Tata Sons chairman N Chandrasekaran has been conferred Honorary Knighthood by the United Kingdom for his services to the UK-India business relations, the group said on Friday. He has been conferred "The Most Excellent Order of the British Empire (Civil Division) - honorary DBE/KBE".
Treesa and Gayatri, seeded fourth, will be the lone Indian challenge left in women's doubles in Basel after Priya Konjengbam-Shruti Mishra and Varshini Viswanath Sri-Arathi Sara Sunil lost their opening-round matches.
Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara
Confronted by outrage in Greenland, the US has scaled down a proposed visit to the island.
Aditya Sarwate's unbeaten 66 anchored Kerala's strong reply as the visitors reached 131/3 at stumps on Day 2 of the Ranji Trophy final, after restricting hosts Vidarbha to 379.
Mumbai were steady at 113 for two at one stage but Rekhade, playing only his second First-Class match, ripped open the Ranji champions' batting line-up, first with an innocuous delivery which claimed the prized scalp of Ajinkya Rahane in the 41st over.
The 24-year-old from Amalapuram expressed his gratitude to his partner for being there during this challenging time.
A multi-storey residential building collapsed in northeast Delhi's Shakti Vihar area in the early hours of Saturday, leaving 11 people dead and 11 injured, officials said.
United States President-elect Donald Trump on Tuesday refused to rule out using military force in his attempt to get Greenland under US Control.
'Siddiqui was alive when the Taliban captured him. The Taliban verified Siddiqui's identity and then executed him, as well as those with him'
Former winners Vidarbha will rely on their red-hot form to stake claim for a title they last won over five years ago, while first-time finalists Kerala will be driven by grit when the two contrasting teams clash in the summit showdown for the 90th Ranji Trophy, starting in Nagpur on Wednesday.
Star Indian shuttlers PV Sindhu and Lakshya Sen will spearhead a strong contingent at the USD 250,000 Swiss Open, beginning on Tuesday, aiming to regain top form.
The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.
From the Sensex pack, UltraTech Cement, Mahindra & Mahindra, Sun Pharmaceutical, Zomato, Tech Mahindra, Tata Steel, Tata Motors, Titan, ITC and Bajaj Finance were the major gainers. In contrast, Kotak Mahindra Bank, HCL Technologies, PowerGrid, Reliance Industries, State Bank of India, Hindustan Unilever, IndusInd Bank, Nestle India and Axis Bank were among the laggards.
From the Sensex pack, Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement were among the biggest gainers. However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services were among the laggards.
Banu Mushtaq's "Heart Lamp" is the first Kannada title to be shortlisted for the International Booker Prize 2025. The collection of short stories, translated from Kannada to English by Deepa Bhasthi, tells stories of encroaching modernity and the lives of Muslim women in southern India. The judges praised Mushtaq's "witty, vivid, colloquial, moving and excoriating" style of writing.
Tahawwur Rana, a Canadian citizen and native of Pakistan, was extradited to India to face charges related to his alleged role in the 2008 Mumbai terror attacks. The US Department of Justice said Rana allegedly commended the LeT terrorists who carried out the attacks and suggested they should be awarded Pakistan's highest gallantry award. Rana is accused of facilitating a fraudulent cover for his childhood friend, David Headley, to conduct surveillance in Mumbai for the Lashkar-e-Taiba (LeT) terrorist group. He is also accused of helping Headley submit false visa applications to Indian authorities. This extradition follows a lengthy legal process that began in 2020 with India's request for Rana's surrender. Rana, who was previously convicted in the US for providing material support to LeT, will now face trial in India on 10 criminal charges related to the Mumbai attacks.
Vidarbha, led by Akshay Wadkar, captured their third Ranji Trophy title, defeating Kerala in the final.
The two leaders discussed the Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change during their bilateral talks at the Danish Prime Minister's official residence in Mareinborg near Copenhagen.
Vidarbha, who have remained unbeaten in the premier domestic competition this season, qualified for the summit clash after a commanding 80-run win over defending champions Mumbai.
Wholesale price inflation rose to 2.37 per cent in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday showed.
A local BJP leader in Ayodhya, Dr BD Dwivedi, died on Saturday after his family claims they faced delays due to multiple barricades while trying to reach a hospital. The family alleges they were stopped at various checkpoints and their pleas to open the barriers went unanswered, ultimately delaying their arrival at the hospital by two hours. While the Mayor of Ayodhya, Girish Pati Tripathi, has announced efforts to arrange ambulances at various locations for medical emergencies, the incident has sparked criticism of the administration for prioritizing security over the needs of local residents.
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023.
From the 30-share Sensex pack, Power Grid, Tata Steel, Zomato, Titan, Bajaj Finance, Mahindra & Mahindra, NTPC and Tata Motors were among the major laggards. Kotak Mahindra Bank, Bharti Airtel, HCL Tech, Tech Mahindra, ICICI Bank and Tata Consultancy Services were the gainers.
A Hizbul Mujahideen terrorist, who was seen in a video taken during the funeral of outfit commander Sabzar Bhat last week, has surrendered before authorities in Kashmir, the police said on Wednesday.
