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State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Indian athletes delivered a strong performance at the Commonwealth Games, with weightlifters Gyaneshwari Yadav and Bindyarani Devi securing silver and bronze medals respectively. Several athletes, including long jumpers M Sreeshankar and Lokesh Sathyanathan, boxers Sachin Siwach and Ankush, and swimmers Sajan Prakash, Aryan Nehra, and Swatik Patel, also advanced to their respective finals or quarter-finals, showcasing India's diverse talent across multiple disciplines.
Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.
Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.
Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.
It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.
'At the end of the day, it is just another technology produced by the human mind.'
The EPF should remain a retirement nest egg, not be turned into an emergency fund.
Karnataka Deputy Chief Minister G Parameshwara has provided international-standard pole vaulting equipment and financial aid to Sindhushree Ganesh, who will represent India at the Asian Games. Sindhushree, from an underprivileged background, has overcome challenges to achieve national recognition in pole vault, fulfilling her late father's dream.
'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'
The Union Territory administration in Ladakh has announced the establishment of an Autonomous Hill Development Council (AHDC) for each of its seven districts, significantly expanding democratic decentralisation. This move extends elected local self-governance beyond Leh and Kargil, with a proposed Union Territory-level body under a customised Article 371 framework to oversee these councils.
'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'
Young students are diverting their personal savings, originally intended for gadgets or college expenses, to fund their participation in the ongoing protests at Jantar Mantar, highlighting their commitment to issues affecting their future.
Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.
An intensified DVAC probe into a multi-crore liquor scam, allegedly involving former DMK Minister V Senthil Balaji, has led to a suggestion to privatise retail liquor sales in Tamil Nadu. The investigation targets alleged collusion in TASMAC bar licences, transport tenders, and procurement, with the Madras High Court dismissing Balaji's anticipatory bail plea. The FIR details systemic corruption, significant revenue loss, and illicit fund generation, prompting political reactions.
Divya Nair remembers the work friendships that proved some of life's strongest bonds are built beyond the cubicle.
Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.
'Whatever is happening is wrong. Why is the government sleeping? This is wrong.'
In Rediff's series on modern marriages, young couples from across India discuss how they deal with differences of opinion, lifestyle preferences and personal choices. Here, *Ananya tells Rishika Shah/Rediff how a marriage she thought was built on teamwork fell apart almost overnight.
Jhandu Kumar, an Indian para powerlifter, secured a bronze medal in the men's heavyweight category at the Commonwealth Games.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
The Shri Ram Janmabhoomi Teerth Kshetra Trust on Wednesday deferred the selection of its first chief executive officer (CEO) by a month after receiving 5,200 applications for the post and decided to appoint a secretary in the interim to meet growing administrative requirements.
The Supreme Court has directed the Uttar Pradesh government's Special Investigation Team (SIT) to submit a status report on the alleged embezzlement of donation money at the Ram temple in Ayodhya. The court also issued notice to the Shri Ram Janmabhoomi Teerth Kshetra Trust following pleas for a fair and time-bound probe, including demands for a CBI investigation and a CAG audit of the temple trust's finances.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
Families of five women suffering severe kidney infections after C-section deliveries at Kota's New Medical College Hospital (NMCH) have issued a 48-hour ultimatum to district authorities, demanding concrete timelines for kidney transplants. The women have undergone 32 rounds of dialysis, with families facing financial ruin and emotional distress.
The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.
'Pakistan has pitched Islamabad as a possible venue for talks as early as this week involving senior figures from the Trump administration and Iran,' the Financial Times reported.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.
Shares of Tata group's retail firm Trent slumped over 11 per cent after its June quarter standalone revenue growth of 19 per cent to Rs 5,666 crore missed market expectations, which had anticipated a 22 per cent year-on-year increase.
Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.
India's Rishikanta Singh secured a silver medal in the men's 60kg weightlifting at the Commonwealth Games, despite matching the Games record in snatch, due to two failed attempts in the clean and jerk, which allowed Malaysia's Mohamad Aniq Kasdan to win gold.
Holding Home Minister Amit Shah responsible for alleged police brutalities on protesting students, Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge on Thursday said that "Jan Shakti" (people's power) will "drag him out" one day to make him accountable.
Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.
Former World Champion Viswanathan Anand has reversed his earlier decision not to seek another term and will contest the election for the FIDE Deputy President's post.
In the throes of a financial crisis, the state's ruling Congress government has little to be triumphant about as Assembly elections approach next year, points out Aditi Phadnis.
The Enforcement Directorate has attached assets worth approximately Rs 112.90 crore, including a residential property in Texas, USA, in a money-laundering case. The case involves a Noida-based air-conditioner components manufacturer, LEEL Electricals Limited, and its promoters, accused of defrauding a consortium of banks led by SBI of Rs 376 crore through manipulated financial statements and siphoning off funds.
Chelsea has signed England international Morgan Rogers from Aston Villa for a reported 117 million, making him the most expensive British player. Rogers, who previously helped Villa win the Europa League, expressed excitement about joining Chelsea, a club he has always admired.
Your children may always love you but should you expect them to to finance your retirement in today's economy?
