Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.
In the previous update, India had more points in their kitty despite being tied with Australia at 118 rating points each.
IMAGES from the Europa League semifinal matches played on Thursday.
Bayer Leverkusen beat Freiburg 3-2 to edge closer to a first ever Bundesliga title.
Neymar was introduced in the 64th minute for fellow Brazilian Michael and set up Malcom to score Al-Hilal's fourth in the 83rd minute.
Except for Xi, 69, all top officials including the number two leader, Premier Li Keqiang will be replaced in the massive reshuffle to follow in the days to come, which included a new foreign minister replacing the incumbent Wang Yi.
Billionaire Gautam Adani to two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis among others on Sunday hailed India crossing $4 trillion mark though there was no official confirmation if the country has achieved the landmark. The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India's GDP crossing $4 trillion. Highly placed sources said that the viral news was incorrect and India was still shy of that landmark.
India's military spending of USD 76.6 billion ranked third highest in the world.
'It's going to have take something pretty serious to have me miss a game.'
Cristiano Ronaldo scored a stunning late goal as Portugal beat Iceland 1-0 in Reykjavk on Tuesday to extend their perfect record in Euro 2024.
A Delhi court has directed the city police to complete the narco analytic test of Mehrauli killing accused Aaftab Amin Poonawala within five days, while making it clear that it cannot use any third degree measure on him.
IMAGES from Premier League matches played on Saturday.
Medvedev says all-conquering Djokovic is the 'greatest'
Novak Djokovic reclaimed the world number one ranking from Carlos Alcaraz
Bayern Munich celebrated their record-extending ninth consecutive Bundesliga title on Saturday with a 6-0 demolition of Borussia Moenchengladbach and a hat-trick from Robert Lewandowski, who edged closer to a 49-year-old scoring record.
A stunning overhead kick by Eduard Bello helped Venezuela hold Brazil to a 1-1 draw in their 2026 World Cup qualifier on Thursday.
The broader 50-issue NSE Nifty slipped from its record closing, shedding 2.30 points or 0.02 per cent to end at 11,132.00.
The Indian crew onboard a crippled container vessel that collided against a key bridge in Baltimore last week is healthy , according to a nonprofit organisation that has been in touch with the personnel.
Barcelona won 3-1 at Alaves in La Liga on Saturday thanks to goals by Robert Lewandowski, Ilkay Gundogan and substitute Victor Roque, who was sent off after picking up a second yellow card.
Mbappe becomes PSG's all-time highest goal-scorer as French champions extend lead
The Tokyo Paralympics slated to begin on August 24, will be Jhajharia's third Paralympics.
The Congress alleged that the money-laundering law has been weaponised to target and humiliate people, and urged the Supreme Court to decide soon on the matter concerning the National Herald-Associated Journals Limited case.
Chasing his 23rd Grand Slam, a frustrated Novak Djokovic was seen complaining to the umpire.
Just two days after recording 811.6 mm of rainfall in a day, Cherrapunji in Meghalaya received a bountiful 972 mm of precipitation in 24 hours ending 8.30 am on Friday, the highest in June since 1995 and the third highest in 122 years, the India Meteorological Department (IMD) said.
Vinicius Jr scored a hat-trick in the first half as Real Madrid were crowned Spanish Super Cup champions
Real are on 81 points with four games to go. They are 17 points ahead of nearest rivals Sevilla.
India Women succumbed to their sixth consecutive defeat and eighth in a row at home
Novak Djokovic said winning a record 23rd men's singles Grand Slam title at the French Open was special given that it was always the toughest one to win for him.
Lionel Messi notched his ninth goal in six matches as Inter Miami crushed Philadelphia Union 4-1 to reach the Leagues Cup final.
Images from the UEFA Champions League group matches played on Tuesday night.
IMAGES from the Premier League matches played on Saturday.
Holger Rune rallied from a set down and saved a match point to defeat former champion Taylor Fritz 2-6 7-6(2) 6-3 on Wednesday and reach the Indian Wells quarter-finals where he will meet fourth seed Daniil Medvedev.
The Indian defenders had another good day in office as they didn't put a foot wrong to deny Italy any open chance.
Manchester City secured a record 15th straight victory in all competitions with a 3-1 win at Championship side Swansea City in the FA Cup fifth round on Wednesday.
The last time England toured India, back in early 2021, Joe Root's team went back home beaten and bruised 3-1.
The team's fourth-place finish in the FIH Qualifiers dashed their hopes of Olympic qualification.
Richa Ghosh (1) and Harmanpreet, the two other big-hitters apart from Shafali, were also dismissed while going for big hits and almost all the Australian bowlers reduced the pace on their deliveries to make it difficult for strokeplay.
IMAGES from soccer matches played across Europe on Saturday.
India beat Japan 4-0 to win women's Asian Champions Trophy hockey title
Virat Kohli's World record 50th ODI hundred, a scintillating century by Shreyas Iyer and Mohammed Shami's brilliant pace bowling powered the hosts past New Zealand in the first semi-final with a 70-run victory at the Wankhede stadium in Mumbai on Wednesday.