Indian benchmark indices, Sensex and Nifty, closed higher, primarily driven by bank stocks and encouraging US inflation data, which fuelled expectations of a less aggressive Federal Reserve monetary policy. However, escalating US-Iran hostilities tempered investor sentiment, leading to some profit-taking.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu congratulated the State Cooperative Bank on successfully migrating its core banking system to the 'Finacle 10.2.25' platform. This upgrade aims to provide faster, more transparent, and secure financial services, enhancing customer experience and operational efficiency across its 262 branches.
Saransh Jain's domestic success motivated by his cancer-affected dad's inspiring note. Saransh received his India Test call-up for the Sri Lanka tour on Tuesday.
The halftime interval in Sunday's World Cup final between Spain and Argentina is set to last more than 15 minutes because of the installation required for the tournament's first halftime entertainment show, broadcasting sources said on Friday.
Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.
Olympic medallists Mirabai Chanu and Lovlina Borgohain have been named India's flag and baton bearers for the opening ceremony of the Commonwealth Games in Glasgow. Both athletes are celebrated for their achievements in weightlifting and boxing, respectively, and are considered strong medal contenders for India at the upcoming Games.
Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.
Voters who exercise their franchise in favour of a particular political dispensation do not do so unconditionally. Their loyalty is subject to maintaining trust and living up to their expectations. It is subject to allowing the freedoms guaranteed under the Constitution, points out Vice Admiral Biswajit Dasgupta (retd).
The Special Investigation Team (SIT) probing the alleged embezzlement of donations at the Ram temple in Ayodhya is expected to submit its final report to the Uttar Pradesh government shortly, sources said on Thursday.
Despite a population of 1.45 billion, India's football team is ranked a lowly 138th in the world and failed to qualify for next year's Asian Cup, highlighting deep-rooted systemic issues and a failure to implement reforms that keep the World Cup dream distant for fans.
An unidentified group hurled a petrol bomb at the BJP office in Sangrur, Punjab, prompting strong condemnation from party leaders who criticised the AAP government's handling of law and order. Police are investigating the incident, which caused no injuries but left a burn mark on the building.
Ahead of Balan: The Boy's OTT debut, we revisit 10 unforgettable movie mothers who shattered the saintly stereotype with love, obsession, revenge and ambition.
Newly-crowned junior squash World champion Anahat Singh has decided to defer her admission to Harvard University to fully dedicate herself to preparing for the 2028 Los Angeles Olympics, aiming for a medal in squash's Olympic debut.
Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.
The Cockroach Janta Party (CJP) has called off its 36-day agitation following the resignation of Education Minister Dharmendra Pradhan, who stepped down amidst widespread protests over irregularities in the exam system and the NEET paper leak. The government also agreed to the CJP's demands for 1 crore compensation to families of students who died by suicide and no action against protesters.
Marriage, childbirth, dependent parents and ageing increase the cover a person needs.
The Indian government has approved two major manufacturing initiatives worth nearly Rs 1.9 lakh crore (USD 22 billion) to expand the country's semiconductor ecosystem and scale up mobile phone production, aiming to strengthen its position as a global electronics manufacturing hub.
Indian batter Tilak Varma has defended his batting approach during the recent tours of Ireland and England, stating that his strike rate was dictated by match situations and team requirements rather than personal preference. He emphasised his commitment to adapting his game, whether it means aggressive hitting or anchoring the innings, based on the team's needs, especially when wickets were falling frequently.
France captain Kylian Mbappe sustained a minor ankle injury during the World Cup quarter-final win against Morocco but is expected to play in Tuesday's semi-final against Spain, with coach Didier Deschamps confirming he is 'fine'.
EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.
The World Cup final offers football's grandest stage a deliciously odd pairing: Argentina, all pulse, fire and Lionel Messi, against Spain, the European champions who appear to treat chaos as an administrative error and have turned control into something close to an art form.
'The song in Stree was written in the script... So it was not like some other films where it suddenly cuts to a song. This song moves the story forward.'
Vaibhav Sooryavanshi's remarkably adaptive 81 and an equally solid effort from bowlers led by pacer Mayank Yadav ensured India's smooth 35-run win over Zimbabwe in the third and final T20I
Spain's Lamine Yamal and Pedro Porro trained separately from the main squad in New Jersey as a precautionary measure ahead of Sunday's World Cup final against Argentina, with both players expected to be available.
McLaren's Lando Norris secured pole position for the Hungarian Grand Prix, narrowly beating Lewis Hamilton, who is now under investigation for potentially impeding another driver during qualifying.
The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.
Lieutenant General Syed Aamir Raza's loyalty to Field Marshal Asim Munir during the turbulent times appears to have stood him in good stead, points out Rana Banerji, who headed the Pakistan desk at R&AW.
The Maharashtra government has signed an MoU with the Kolhapur District Cricket Association to build an international-standard cricket stadium and multi-sports hub in Kolhapur, featuring a 35,000-capacity stadium and facilities for various sports.
The judgment is India's first to examine AI companies' use of copyrighted works for foundation models, setting an analytical framework for Section 52 of the Copyright Act.
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.
Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.
The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.
'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
It's only July but the South Korean drama scene is brimming with action and adrenalin.
Cricket's inclusion in the 2028 Los Angeles Olympics is a strategic move by Olympic leaders to tap into India's massive fan base and commercial power, aiming to attract billions of new viewers and strengthen the Games' appeal in key markets.
Lachit Borphukan is revered as one of Assam's greatest military commanders and a symbol of courage, patriotism and selfless leadership.
With the duration of stay capped at four years, the biggest impact of the new F-1 visa rules is likely to be on PhD scholars, students enrolled in longer professional programmes, those whose graduation gets delayed and students moving from one academic programme to another, highlight education experts.
