Bengaluru FC pulled off the biggest win in ISL play-offs history, thrashing Mumbai City FC 5-0 to progress to the semi-finals.
Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.
In 2025 banks are in for challenges such as pressure on margins and slowing credit growth. With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. However, deposit rates are expected to adjust more gradually, which could impact the net interest margin (NIM) - a key measure of profitability for banks.
A Delhi court has convicted former Congress MP Sajjan Kumar of murder in a 1984 anti-Sikh riots case. The court found that Kumar was part of an unlawful assembly that killed the victims and is guilty of the murders of Jaswant Singh and Tarundeep Singh. Kumar now faces a maximum of the death penalty and a minimum of life in prison. The court rejected Kumar's argument that the statement of the complainant couldn't be trusted, as she named him belatedly and held at the time of the incident she was not aware of the identity of the accused as she was admittedly new to the area and had never seen him earlier. The court also found the other residents of the locality were reluctant to come forward to aid the victims at the time of the incident, leading to the conclusion that they would also not support the victims' version in court.
The Reserve Bank of India's (RBI's) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. They are likely to increase deposit rates by up to 25 basis points (bps) in select maturity buckets. The rise in demand for funds to cover tax payments and meet quarter-end business targets could influence rate decisions by banks, according to bankers and money market executives.
Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.
IMAGES from the IPL match between Punjab Kings and Chennai Super Kings in Mullanpur on Tuesday
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.
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.
A 26-year-old man, Anandu Krishnan, has been arrested for allegedly defrauding people across Kerala by promising them scooters, sewing machines, and home appliances at half price. The accused claimed to use Corporate Social Responsibility (CSR) funds from big companies. The case has taken a political turn with the involvement of Congress leader Lali Vincent, who served as a legal advisor to an NGO involved in the transactions. Vincent defended Krishnan and said he was not a fraudster, claiming he was made a scapegoat after those who promised CSR funds backed away. The case is being investigated by the Kerala police, who are also looking into the role of certain political leaders in the fraud.
The Ayodhya municipal corporation is grappling with a unique problem: a massive pile of abandoned footwear left behind by devotees at the Ram temple. This issue has arisen due to a change in crowd management measures, leading to a long journey to retrieve shoes for many visitors, causing them to leave the temple barefoot.
'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The Islanders thus finish the league season at the sixth spot with 36 points, whereas the Gerard Zaragoza-coached side end their league campaign with 38 points.
The Reserve Bank on Wednesday said 98.12 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,691 crore worth such notes are still with the public. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation.
After Singer and Rapper Honey Singh's show concluded on Saturday, the Indore Municipal Corporation seized the concert goods over alleged entertainment tax evasion.
Moody's Ratings on Wednesday said India's economic growth will exceed 6.5 per cent in the next fiscal, up from 6.3 per cent this year, on higher government capex and consumption boost from tax cuts and interest rate reduction. Projecting a stable outlook for the banking sector, Moody's said although the operating environment of Indian banks will remain favourable in the next fiscal, their asset quality will deteriorate moderately after substantial improvements in recent years, with some stress in unsecured retail loans, microfinance loans and small business loans.
Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year (2024-25/FY25). They believe the results were 'strong' given the tough macro environment, and relative to peers.
Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs) to 100 - back to its November 2023 position - from 125. It is only a partial relief though. "Higher risk weighting on unsecured lending continues to be in place while the same on bank funding to NBFCs has been done away with. "This is a positive step by RBI," says Rajiv Sabharwal, managing director (MD) and chief executive officer (CEO), Tata Capital.
Mohammedan collected 13 points from 24 games, but were winless at home throughout the season.
ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'
Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.
Images from the IPL 2025 match between Punjab Kings and Rajasthan Royals in Mullanpur on Saturday
The Enforcement Directorate said on Monday that it had conducted search operations at four locations in Mumbai and Delhi as part of its money laundering investigation into an alleged Rs 4,500 crore (Rs 45 billion) fraud by Pancard Clubs Limited and others, in which more than 5 million investors have been duped.
The Supreme Court of India has overturned an order by the National Green Tribunal (NGT) that halted construction activities at Auroville in Chennai. The court emphasized the need for a "golden balance" between the right to development and the right to a clean environment, upholding the principle of sustainable development. The decision comes as a victory for the Auroville Foundation, which had challenged the NGT order, and highlights the ongoing debate about balancing environmental concerns with economic growth in India.
Noor Ahmad excelled on his Chennai Super Kings debut before Rachin Ravindra and Ruturaj Gaikwad stuck sublime half-centuries to set up a four-wicket win over Mumbai Indians.
Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan
The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.
West Bengal Chief Minister Mamata Banerjee has set an ambitious goal of winning over 215 seats in the 2026 state assembly elections, aiming to secure a fourth consecutive term for the Trinamool Congress (TMC). She declared that the party will work to significantly reduce the BJP's tally and ensure that their candidates struggle to retain their deposits. The TMC's national general secretary, Abhishek Banerjee, echoed this sentiment, urging party workers to ensure a decisive victory and achieve a two-thirds majority in the upcoming polls. The BJP, however, dismissed the TMC's claims, stating that Banerjee is merely trying to boost morale among party workers.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the "State of the Economy" in the Reserve Bank of India (RBI) monthly bulletin said.
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.
Parents of students were incensed over the abrupt closure of FIITJEE centres in Noida and Ghaziabad, demanding government intervention and refunds. FIITJEE founder D K Goyal and 11 others were booked after several of its centres in Delhi-NCR shut down abruptly, the Noida Police said. Parents reported paying lakhs of rupees in fees and expressed concerns about the future of their children's education. The police launched a probe in Delhi after allegations of fraudulent practices and mismanagement at the FIITJEE's East Delhi centre.
YouTubers Ranveer Allahbadia and Ashish Chanchlani appeared before the Maharashtra Cyber on Monday to record their statements in connection with the India's Got Talent case. Maharashtra Cyber is probing an obscenity case registered against Allahbadia and others over alleged obscene remarks during the show on YouTube.
The ruling DMK in Tamil Nadu has won the Erode East bypoll with a massive margin, defeating actor-politician Seeman's NTK. The victory is seen as a boost for the DMK ahead of next year's Assembly elections. DMK candidate V C Chandhirakumar trounced Naam Tamilar Katchi's (NTK) M K Seethalakshmi by a margin of 91,558 votes, leading to the NTK forfeiting its deposit. Chief Minister and DMK president Stalin attributed the win to the DMK government's good governance, while AIADMK chief Edappadi K Palaniswami termed it a "fake" victory. The bypoll was necessitated due to the death of Congress MLA EVKS Elangovan last year.
Here's a formula that helps you understand how much money you will need to retire early in India and simple steps to achieve it.
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