While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
Among Sensex firms, Mahindra & Mahindra, Asian Paints, Infosys, Titan, Sun Pharma, Tata Consultancy Services, Tech Mahindra and Power Grid were the major laggards. However, Bajaj Finance, Eternal, UltraTech Cement and Reliance Industries were among the gainers.
'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'
Deepika Kumari is not contemplating retirement just yet and is instead focusing on building mental strength to handle high-pressure situations, with an eye on a final hurrah at the Los Angeles Games.
We are friends, people have said lot for TRP: Gambhir on his relationship with Virat Kohli
'Maintain a balanced approach with a preference for short-to medium-duration funds.'
Male bonding is among Bollywood's favourite subjects, and there have been many films about it, like Dosti, Anand, Sholay...
'Amitabh Bachchan is too tall to play Mr Modi.'
You need to first answer an important question -- what matters most for your long-term happiness? Your parents' wishes or staying with a partner you love, advises rediffGURU Kanchan Rai, founder of the Let Us Talk Foundation.
Banks are set to make treasury gains in the fourth quarter of the current financial year (2024-25) as the yield on government bonds has softened so far this quarter, driven by strong inflows into the debt segment, market participants said. The yield on the 10-year benchmark government bond fell 8 basis points (bps) in the previous week - the steepest weekly decline in four months, since November 30, 2024 - to settle at 6.62 per cent.
Calling the Gaza ceasefire 'the historic dawn of a new Middle East', United States President Donald Trump on Monday said the forces of 'chaos, terror, and ruin' have been defeated, and the 'long and painful nightmare' is finally over not only for Israelis but also for Palestinians.
'She is a nice girl, simple, patient and affectionate. Because she is so empathetic, because she has the ability to feel for people, I am sure she will be able to solve the problems ordinary citizens face in this country.'
This is the longest winning streak for gold in the last three decades.
A lot of entertaining content is coming your way on OTT this week! Namrata Thakker lists your entertainment, coming up, so you can binge-watch movies and shows high on romance, drama and humour.
Her research legacy laid the foundation for modern primatology: in Gombe Stream National Park, she discovered that chimpanzees can form lasting social bonds and use basic tools. Goodall also found that, like humans, primates experience emotions such as joy, fear, empathy, and grief.
'I'm so grateful Kathal is getting the recognition it deserves.'
Balanced advantage funds (BAFs), which adjust between stocks and bonds depending on market conditions, have increased their equity holdings over the past year, with most schemes now predominantly invested in equities.
Shubman Gill said he could not have asked for a better all-round performance from his team after they hammered the West Indies by an innings and 140 runs in the first Test.
Indian skipper Rohit Sharma bonded and practiced with youngsters Ayush Mhatre and Indian Test batter Sarfaraz Khan on Tuesday.
The Supreme Court has cancelled the bail granted to gangster Chhota Rajan in the 2001 murder case of hotelier Jaya Shetty in Mumbai, citing his history of absconding and convictions.
Grandmaster R Vaishali was so crestfallen following seven straight losses in the Chennai Grandmasters that she had made up her mind to pull out of the Grand Swiss tournament, but family support steered her to the event where she won the title to qualify for the Candidates next year.
'For us, it's not always about chasing revenue. It's about sustaining happiness and energy, because that's what drives long-term growth.'
In his message, he conveyed best wishes to the nation, emphasising the festival's significance in strengthening the bond between siblings.
I didn't like the way Pakistan players coming at us for no reason: Abhishek on aggressive batting
Siraj, known as a workhorse due to his dedication, intensity, and ability to perform under pressure, has revealed how his approach towards the game changed after he started playing alongside Kohli.
Devotees thronged the streets with chants, bhajans, and devotional fervour, marking the occasion with spiritual enthusiasm and reconnecting with their cultural roots.
Taking to 'X", Sachin said he remained grateful to his "three guiding hands," who shaped him to the person he is today and acknowledged the profound impact made in his life by his father Ramesh Tendulkar, first coach Ramakant Vitthal Achrekar, and elder brother Ajit.
'Their friendship is still very strong. Sachin calls and checks on him.'
Saudi Arabia and Pakistan have signed a 'Strategic Mutual Defence Agreement', pledging that any aggression against either nation would be treated as an attack on both.
'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'
MI6 launches a dark web portal, 'Silent Courier,' to recruit spies globally, targeting Russia and other regions. The initiative aims to enhance UK's intelligence capabilities against growing threats.
'He was a true actor, not in this for fame or money, but just for the sake of being in front of the camera.'
Sushila Karki pursued her post-graduation from the Banaras Hindu University in Uttar Pradesh's Varanasi.
A fundraiser launched to support Nagamallaiah's wife, Nisha, and 18-year-old son, Gaurav - who witnessed the attack - has raised nearly $200,000, at last reckoning, to help cover funeral expenses and Gaurav's college education.
'In the last couple of tournaments, we've served a lot better than in the past year. The game is too fast to rely on one style. You need multiple ways to score points, and that's what we are trying to develop.'
'I always say that if Mohanlal was not there, Priyadarshan would not have been there.'
On Friday, Jitesh Sharma and Krunal Pandya joined their teammates in paying tribute to the fans who never made it home.
The Securities and Exchange Board of India (Sebi) has planned a slew of further relaxations to facilitate easier registrations of foreign portfolio investors (FPIs), including a common know-your-client (KYC) and smoother documentation through India digital signature.
'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'
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