The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Motorola Edge 70 Pro+ handset combines a striking quad-curved AMOLED display, a trio of 50 MP cameras, a 6,500 mAh battery, all wrapped in a stylish design aimed at power users and photography enthusiasts alike.
Net mutual fund inflows into active equity schemes in India plummeted by 40 per cent month-on-month in May, reaching a one-year low of 22,908 crore, primarily due to weaker lump-sum investments and increased redemptions amidst significant market volatility and global uncertainties.
The Suheldev Bharatiya Samaj Party, a constituent of the Bhaatiya Janata Party-led National Democratic Alliance, has staked claim to 32 seats for the 2027 Uttar Pradesh Assembly elections, with the aim to wrest the Samajwadi Party's stronghold of Azamgarh.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Real Madrid presidential candidate Enrique Riquelme claimed he would sign Erling Haaland if elected, triggering a swift response from Manchester City and the player's representatives.
Nagaland Chief Minister Neiphiu Rio has strongly condemned the "horrific and inhuman" killing of six Nagas in Manipur, demanding immediate action against those responsible. The incident occurred after Naga organisations facilitated the release of 14 hostages, but appeals for the reciprocal release of six Naga hostages allegedly held by the Kuki community ended in tragedy. Rio urged both the Indian and Manipur governments to ensure justice and called for peace and restraint among communities.
The BJP has announced 11 candidates for the upcoming Rajya Sabha polls, notably omitting Union ministers Ravneet Singh Bittu and George Kurian, whose terms end soon. This decision, alongside other recent appointments, has fuelled speculation about an imminent Cabinet reshuffle. The list includes new faces and senior party leaders from various states.
Former India captain Bhaichung Bhutia says FIFA's expanded 48-team World Cup format significantly improves India's chances of qualification while creating new opportunities for emerging football nations across Asia and beyond.
The Congress-led UDF government's decision to appoint a defence lawyer for the accused in the Sabarimala gold loss case as a Devaswom advocate has drawn strong criticism from the opposition CPI(M), which alleges the move is an attempt to sabotage the ongoing probe and protect political figures.
Akali Dal MLA Ganieve Kaur Majithia says her husband Bikram Singh Majithia will pursue his case through the courts and has not fled the country, despite allegations and a lookout circular.
The luxury carmaker plans to drive growth through local assembly of the MINI Countryman, expansion into 10 new cities and a broader product portfolio.
Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.
Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.
'Exploration should be made easier and companies should be given operational flexibility.'
Families of 15 of the 260 victims of last year's Air India plane crash in Ahmedabad have declined to collect the personal belongings of their loved ones, while ex-gratia payments of Rs 1 crore have been disbursed to 91 per cent of the families of the deceased.
Sharad Pawar objected to comparing PM Modi with Jawaharlal Nehru, highlighting Nehru's sacrifices and nation-building contributions.
The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
Senior Trinamool Congress (TMC) MP Sudip Bandyopadhyay's meeting with Union Minister Bhupender Yadav and allegedly with Home Minister Amit Shah has ignited fresh political speculation about his potential defection and the formation of a dissident parliamentary faction, further deepening the turmoil within the Mamata Banerjee-led party.
Haryana has significantly reformed its land records administration, reducing pending mutation cases by over 90% and implementing an auto-mutation system. This digitisation effort aims to make land management faster, more transparent, and technology-driven, improving efficiency and public trust.
A female doctor in Pakistan's Balochistan province suffered severe burns in an acid attack by a hospital employee, leading to widespread protests by medical professionals. The suspect was later killed in a police encounter while attempting to flee. The Young Doctors Association is demanding improved security and accountability from health officials.
Leader of Opposition Ritabrata Banerjee claims 64 dissident TMC MLAs have submitted their names to the Speaker, constituting over two-thirds of the party's Assembly strength, and has called for a floor test to verify their claims of support amidst a widening split within the Trinamool Congress.
Former England spinner Graeme Swann has questioned ECB's imposition of midnight curfew on players, and termed Ben Stokes a victim of the culture more interested in policing than celebrating an achievement.
'Something could happen to me... I understood that day itself that what they had sent me was a final warning.'
Indian golfer Karandeep Kochhar secured his third Top-10 finish of the season at the USD 500,000 Am Green IGPL Bharath Classic in Morocco, rising to 12th on the Asian Tour Order of Merit. He finished tied 9th with a bogey-free final round.
Former Bangladesh captain Tamim Iqbal has been elected as the President of the Bangladesh Cricket Board (BCB), becoming the youngest to hold the position. He plans to bring structural changes and ensure transparency within the board, having previously led an ad-hoc committee.
The ICC Women's T20 World Cup 2026 begins in England with Australia chasing a seventh title and India targeting a historic double. England, South Africa and New Zealand add to what promises to be the most competitive edition yet.
The 35-year-old finishes as New Zealand's all-time leading international run-scorer with 19,346 runs, including 48 centuries and six double-centuries. Williamson's retirement means he will play no further part in the BlackCaps current Test series in England, with a replacement player to be confirmed in due course.
This was Afghanistan's 12th Test in last eight years and the defeat by an innings and 300 runs against India was a humbling experience for the team.
'...would obesity still be a global epidemic?'
"We're very close. I would say an agreement would be signed on Monday, Tuesday or Wednesday of this coming week. And now this takes place," Trump told Fox News.
If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).
High costs, visa hurdles, and logistics for the World Cup are deterring fans, leading to a disappointing boost for US hotels, airlines, and the travel industry.
A Chinese official stated that India and China should view each other as cooperative partners and opportunities for development, not rivals or threats. This statement came in response to Russian President Vladimir Putin's comments on the independent and strong ties Russia maintains with both nations, emphasising non-interference in India-China relations.
The Union Cycliste Internationale (UCI) has pledged its full support to establish the Pune Grand Tour as the world's fourth Grand Tour, aiming to transform it into a leading global sports tourism destination. The UCI praised the event's quality, crowd discipline, and rapid execution, committing expertise for its long-term growth and grassroots cycling development in India.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Climate change has increased the likelihood of temperatures high enough to affect player performance at 97 of the 104 tournament matches.
The Association for Sports Industry Professionals (ASIP) has partnered with SporTech Innovation Lab to enhance support and opportunities for sports professionals across India. This collaboration will leverage SporTech's AI-powered SportsKeyz platform for various ASIP operations, aiming to advance the sports industry through technology and professional development.
