Food and grocery delivery major Zomato has pulled the plug on its plan to enter the lending business. Zomato Financial Services, a wholly-owned subsidiary of Zomato, has withdrawn its application for a non-banking financial company (NBFC) licence with the Reserve Bank of India (RBI), stating that the company does not have plans to pursue lending in the future. "There is no material impact on the revenue/operations of the company and this disclosure is being made voluntarily," the Gurgaon-based company said in a regulatory filing on Tuesday.
Veteran India goalkeeper P R Sreejesh had no qualms in admitting that the tense 3-2 victory over New Zealand in the Paris Olympics omen's hockey opener was a wake-up call ahead of tougher pool matches, even as coach Craig Fulton was pleased that the team stuck to its plan in Saturday's match.
Sreejesh was the cynosure of all eyes as he consistently denied Great Britain scoring opportunities
India's goalkeeper PR Sreejesh, who will end his illustrious 18-year career after the Paris Olympics, had conceded only five goals in four games at the men's hockey event, which gives him a save rate above 90 percent for the tournament.
The National Anti-Doping Agency's Disciplinary Panel (ADDP) on Monday revoked the provisional suspension imposed on Bajrang Punia till NADA issues a Notice of Charge to the wrestler, who had refused to provide his sample for dope test after the selection trials in March.
Rohidas was sent off the pitch almost 40 minutes from the final hooter after his stick unintentionally hit a rival player.
Shakib Al Hasan made his comeback to T20 international cricket after a gap of nearly a year this month in the home series against Zimbabwe.
Legendary Indian men's hockey team goalkeeper PR Sreejesh believes that Vinesh Phogat deserves a medal after reaching the final of the women's 50kg wrestling competition in Paris
The Reserve Bank on Friday retained GDP growth forecast of 7 per cent for 2024-25 financial year, lower than the 7.6 per cent expansion estimated for FY24. In its February monetary policy, the RBI had projected the GDP growth rate of 7 per cent for the financial year beginning April 1. Announcing the current fiscal's first bi-monthly monetary policy, RBI Governor Shaktikanta Das said the rural demand is gathering pace, and sustained growth in manufacturing sector should boost private investment.
The police entered the ashram premises of religious preacher Jagat Guru Saakar Vishwahari Bhole Baba in Mainpuri, UP, and later said he was not present there. A police official said they had gone there to check security arrangements.
The Netherlands survived a major scare to beat China 3-1 in a penalty shootout following a 1-1 draw in regulation to retain their women's title at the Paris Olympics on Friday, giving the Dutch the hockey double after Thursday's men's triumph.
India's economic growth slowed to a 15-month low of 6.7 per cent in April-June 2024-25, mainly due to poor performance of the agriculture and services sectors, government data showed on Friday. The gross domestic product (GDP) expanded by 8.2 per cent in the April-June quarter of 2022-23. India, however, remained the fastest-growing major economy, as China posted a 4.7 per cent growth in April-June 2024.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
MotoGP's Indian Grand Prix has been cancelled due to operational considerations, series organisers said on Wednesday.
Images from the ICC World Cup match between Sri Lanka and Bangladesh, at the Arun Jaitley Stadium, in New Delhi, on Monday.
'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.
Indian hockey goalkeeper PR Sreejesh's wife Aneeshya is all set to welcome home the Olympic medallist with traditional Malayali meal.
As the final hooter rang through the Yves-du-Manoir Stadium, sealing the Indian hockey team's bronze medal triumph, an electrifying wave of emotions swept through the families of the victorious players.
Reserve Bank on Thursday retained the growth and inflation projection at 7.2 per cent and 4.5 per cent respectively for the current fiscal amid expectations of a normal monsoon. In its last bi-monthly monetary policy review in June, RBI had projected real GDP growth and retail inflation at the same.
Debt-saddled telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering (FPO) on Monday was subscribed more than 3.3 times, as institutional investors poured in money but the retail segment lagged. On the last day of the offering, as many as 4,212.56 crore shares were sought against the issue size of 1,260 crore at 14.30 hrs, according to information on stock exchanges.
On September 29, 2008, a bomb explosion at 9:35pm opposite Shakil Goods Transport Company situated between Anjuman Chowk and Bhiku Chowk in Malegaon killed six persons and injured 101.
Only borrow an amount that can be repaid comfortably. The ratio of total EMI to take-home salary should not exceed 40 per cent.
Take style cues from Malaika Arora who nails it every time.
A Mahapanchayat was convened on June 1, 2023 by Bharatiya Kisan Union President Naresh Tikait in support of the wrestlers demanding Wrestling Federation of India President and Bharatiya Janata Party MP Brij Bhushan Sharan Singh's arrest.
A bronze medal finish is not what hockey coach Craig Fulton had wanted, but the South African will relish the achievement simply for the fact that "underdog India" lifted themselves up from disappointments when no one gave them a chance.
As the comparison between 2014 and 2019 shows, the voter turnout is not only lower than in 2019 but also lower than in 2014 in some of the larger states where polling took place.
Anushree Mehta will direct the remake of Hrishikesh Mukherjee's classic film Bawarchi.
Australia's 417-6 against Afghanistan in Perth in 2015 was the previous highest total in the men's World Cup.
IMAGES from the ICC World Cup match played between South Africa and Sri Lanka in New Delhi on Saturday.
Evening prayers on the banks of the Sarayu river in Ayodhya.
Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.
A day after a stampede in Hathras claimed 121 lives, Uttar Pradesh minister Asim Arun on Wednesday said the state government has started work on standard operating procedures (SOPs) for granting permission for large gatherings to prevent such incidents in future.
Glimpses from the Bharat Mobility Global Expo in New Delhi.
So far this year, around 839,545 electric vehicles have been sold, accounting for approximately 6.69% of the total 12,541,684 vehicles sold.
Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said. Global average temperatures are on a rise, with accompanying increase in extreme weather events (EWE), and the economic and social impact of global warming is becoming increasingly evident, said RBI's Monetary Policy Report - April 2024. The report said that climate change has increased the frequency and ferocity of weather shocks, posing challenges for monetary policy.
Russia on Wednesday said it is hoping for quick resolution of the issue relating to India's call for return of Indians recruited into the Russian Army as support staff and asserted their recruitment was purely a commercial matter.
The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said rural demand continues to gather pace, urban consumption remains strong and investment cycle is gaining steam on the back of increased capex.
PHOTOS from the ICC World Cup match between India and Afghanistan played in New Delhi on Wednesday.
Motivated India eye German scalp to script another historic chapter in Olympic men's hockey
Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL), and the board of the bank has been reconstituted. The Reserve Bank has barred the PPBL from accepting deposits and credits from any customer post-March 15 for persistent non-compliances and continued material supervisory concerns in the bank. PPBL has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former executive director of Bank of Baroda Ashok Kumar Garg, and former IAS officer Rajni Sekhri Sibal, Paytm said in a regulatory filing on Monday.
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