The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
Over 16,000 families in Pakistan refused to vaccinate their children against polio during the first two days of the latest round of polio campaign in the country, as community opposition and Taliban threats block efforts to eradicate the crippling disease from the country.
Adam Voges continued to capitalise on an early reprieve by scoring his fifth test century as Australia eased to 463 for six by the close of the second day's play of the first match against New Zealand at the Basin Reserve on Saturday Voges was unbeaten on 176 at stumps with Peter Siddle on 29 as the Australians stretched their advantage to 280 runs, snuffing out any hope New Zealand had of claiming victory in captain Brendon McCullum's 100th test. The 36-year-old Voges has made the most of a lifeline when he was bowled by Doug Bracewell for seven with two deliveries remaining on Friday, only for umpire Richard Illingworth to signal a no-ball. Television replays showed the delivery was legal but because the infraction had been called on the field, New Zealand were unable to ask for a review. Voges has now scored 500 consecutive runs without being dismissed and now averages more than 100 from 19 innings. The Western Australian not only bettered Bradman's batting average, he broke the 12-year-old record of India's Sachin Tendulkar, who posted 497 consecutive runs - scores of 241no, 60no, 194no and 2 - from January to April 2004.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ravichandran Ashwin's 25th five-wicket haul was the cornerstone of India's remarkable turnaround as the hosts defeated Australia by 75 runs in the second cricket Test to level the four-match series.
Virat Kohli (76 batting) and Abhinav Mukund (81) put on 133 runs for the third wicket as India reached 189 for three in 46.3 overs at stumps on a rain-affected day three.
Coal and steel were only two sectors that saw some growth.
The apex court at the same time made it clear that it does not want information on pricing and technical parameters relating to the fighter aircraft.
Mahela Jayawardene, batting with three stitches in his left hand, ignored the pain to complete his 32nd Test hundred and put Sri Lanka firmly in the driving seat in the second Test against Pakistan in Dubai on Thursday.
England debutant Toby Roland-Jones wreaked havoc as he picked four wickets to have South Africa reeling at 126 for 8 at stumps on Day 2 of the third Test at the Oval on Friday.
A dominant India on Saturday outclassed an injury-ravaged and out-of-sorts Sri Lanka by 304 runs in the opening Test to bury the ghosts of a humilating loss at the same venue, exactly two years ago.
Hundreds of people have been evacuated to safer places in eastern Rajasthan after heavy rainfall over the past two days led to a flood-like situation in the region and severed road connectivity to many areas.
A fresh probe into the Pathribal encounter case is not ruled out in view of the major controversy that has erupted after the Army gave a clean chit to its personnel in the infamous incident which took place in Kashmir in 2000.
Demonetisation impact, earnings growth, central bank policies will get attention.
News of all that transpired on and off the football field.
The health ministry said that 86 per cent of the total active cases were recorded in 10 states of the country.
The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.
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RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review.
Sean Williams ensured Zimbabwe would not become the first top tier side to lose to United Arab Emirates when his counter-attacking half century secured a four-wicket victory in their World Cup clash in Nelson on Thursday.
England's Jos Buttler struck a belligerent unbeaten 100 to set up a 16-run win over Australia in the third one-day international on Sunday, as the touring side took an unassailable 3-0 lead in the five-match series.
World soccer's governing body, FIFA, is expected to pass wide-ranging reforms at a Congress in Zurich next Friday, when a new president will also be elected.
Yash Raj Films' Dhoom 3 has managed to achieve what was pretty much expected out of it at the box office.
Harish Kotian/Rediff.com highlights what Virat Kohli needs to ponder about, after the Galle defeat
The domestic unit moved in a range of 64.14 and 63.99.
The French president said that peace should be maintained in the region and peoples' rights should be protected.
Pakistan batsmen Mohammad Hafeez and Ahmed Shehzad scored fluent half centuries as the first Test against Sri Lanka ended in a tame draw on the fifth day in Abu Dhabi on Saturday.
Inzamam-ul-Haq says the tenure has been the most challenging of his professional career as he was subjected to 'hurtful criticism'
India Inc is borrowing from global firms as interest rates sky rocket in India.
Having seen the 'Universe Boss' boss around from Ahmedabad to Port-of-Spain, and from the Oval to St George's, over nearly two decades, fans came in their thousands to Southampton amid some trepidation and much anticipation to watch Christopher Henry Gayle strut his unique stuff against England fo
After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
The top-seeded Serb, who had not dropped a set in four matches since the round of 16 at the Australian Open in January, looked out-of-sorts throughout the 98-minute contest.
Defence Minister Manohar Parrikar has asked the Indian Air Force to focus on safety and conservation of available resources as he interacted with top commanders in New Delhi just days after India decided to buy 36 Rafale jets.
The RBI is widely expected to raise its key repo rate by 25 basis points to 8.00 per cent on Wednesday, its third such hike in four months after recent data showed both wholesale and retail inflation at multi-month highs.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Nathan Lyon walked into the record books with career-best figures of 8 for 50 as India suffered another batting debacle.
Australia's remarkable Ashes fightback left England staring at a first innings total of 527 for seven on Friday and the loss of two late wickets on day two of the third Test made the task look even more imposing.
With the Moto X Style, Motorola has officially declared war against the bigwigs of the smartphone industry.
Maharashtra police have made extensive security arrangements to ensure that voting for the October 15 Maharashtra Assembly polls goes peacefully with the deployment of over 2 lakh state police personnel, along with the reserved police forces.
The incident took place at the Parsons Green station, which has been closed.
