Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
Cockroach Janta Party (CJP) founder Abhijeet Dipke on Monday announced a nationwide campaign to improve government schools in villages, calling on parents to conduct social audits of basic facilities and sarpanches to take up the task of improving the institutions.
After four consecutive months of withdrawals, Foreign Portfolio Investors (FPIs) injected Rs 20,200 crore into Indian equities in July, driven by attractive valuations, improving corporate earnings, and a more favourable global environment.
Indian benchmark indices Sensex and Nifty recorded their third consecutive day of gains, primarily driven by an over 8 per cent surge in Bajaj Finance following strong Q1 FY27 results, coupled with significant foreign fund inflows and a dip in crude oil prices.
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My family produced a Malayalam movie in 1986. It had big actors in it. The songs were sung by K J Yesudas himself. The film starred two newcomers as the lead pair. It bombed.
Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.
Nationalist Citizens Party of India leader Abu Taher attended a breakfast meeting hosted by Prime Minister Narendra Modi for NDA allies but asserted that his party is not part of the ruling alliance. He stated his attendance was solely to raise public issues directly with the Prime Minister.
From guns to handlooms. From forest trails to a public runway. Women who had once been associated with that conflict walked into the spotlight wearing Bastar's traditional textiles.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'
Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
'Getting involved with an ex has never ended well,' warns rediffGURU Archana Deshpande, life coach and founder of TransformMe Life Skills Coach.
'Where is the official record? Media bytes are not parliamentary records. What matters is what is recorded on the floor of Parliament. I am not denying that we had a heated exchange.'
'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'
Job aspirants in Jharkhand are protesting alleged paper leaks in PSC and other recruitment exams, demanding an independent inquiry by retired high court judges from outside the state. They have lost faith in the ongoing CID investigation, citing past failures, and threaten to intensify their agitation if their demands for a CBI or independent judicial probe are not met. The protests have garnered support from various organisations, with one leader on an indefinite hunger strike.
On World Elephant Day, the story of Parbati Barua deserves to be remembered.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
The Supreme Court has granted anticipatory bail to DMK leader and former minister V Senthil Balaji in a fresh corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC), with conditions including cooperation with the investigation and depositing his passport.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
At sunset, in Vashi, New Bombay, a modest roadside stall, near the entrance of General Arun Kumar Vaidya Kala Kendra, quietly draws a steady stream of endless customers -- office-goers, students, families and regulars.
State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.
Olympic gold medallist Arshad Nadeem has expressed his disappointment over social media criticism following his poor performance at the Commonwealth Games in Glasgow. He attributed his ninth-place finish to the extremely cold weather affecting his javelin throws and affirmed his commitment to return to winning form, stressing his grounded nature despite fame.
Jharkhand students are protesting alleged recruitment exam irregularities with creative and non-violent methods, including mock job "rate cards," satirical posters, and recitations from the Mahabharata. Their agitation, spearheaded by the JPSC-JSSC Reforms Manch, focuses on demanding reforms, cancellation of the 14th JPSC Civil Services Examination, and an independent probe, while adhering to a strict code of conduct against abusive language.
Two NCPI MPs from Murshidabad, West Bengal, met with Chief Minister Suvendu Adhikari to express concerns over the removal of mosque loudspeakers, alleging police overreach and targeting of Muslims. They also sought his intervention to expedite hearings for approximately 27 lakh people excluded from electoral rolls, highlighting difficulties faced by genuine voters due to delays in tribunal decisions.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
Donald Trump has strongly refuted claims of a munitions shortage and denied any confrontation with Defence Secretary Pete Hegseth, labelling the reports as "fake news" and asserting the nation's robust military production capabilities.
If you have never tasted Hyderbadi Mirchi Ka Salan you have missed something in life.
The Delhi police will not take any adverse legal action against individuals who participated in the Cockroach Janta Party-led protest in the national capital, but those with criminal background will have to face action, according to a Delhi government order.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
'If I was with the team, I would pick bowlers who I feel can pick wickets and win matches for me with the ball.'
Why the industry's public position changed is difficult to say. What the developments did establish, though, is that ethanol-blended petrol has become one of the country's most politically and commercially sensitive policy issues.
Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem has responded to social media criticism following his disappointing ninth-place finish at the recent Commonwealth Games in Glasgow. Nadeem attributed his poor performance to the extremely cold weather, which stiffened his muscles and hindered his throws. He emphasised his commitment to his country and his grounded nature, expressing confidence in his ability to return to winning form at the upcoming Athletissima event.
Former West Bengal chief minister Mamata Banerjee's vehicle was surrounded by protesters, who allegedly hurled mud, slippers, and stones, while shouting 'chor' (thief) and 'dakait rani' (queen of thieves) slogans during her visit to Halisahar.
