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.
India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
The boAt Aavante Prime X is a premium soundbar system designed to deliver an immersive home entertainment experience. With a focus on powerful output, flexible speaker design, and modern connectivity, it aims to bring cinema-like audio into everyday living spaces.
South Korea's national football association has issued a deep apology following a media report alleging it provided 'sexual services' to foreign referees during international matches over a decade ago, specifically in 2011 and 2012.
Indian benchmark indices Sensex and Nifty ended flat on Tuesday, with the Sensex dipping nearly 70 points, as investor sentiment turned cautious ahead of crucial global central bank policy meetings and a significant sell-off in Asian markets.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
It's only July but the South Korean drama scene is brimming with action and adrenalin.
Indian shuttlers faced a largely disappointing performance in the Taipei Open Super 300 qualifiers, with only Rounak Chouhan advancing in the men's singles. Other prominent players like Rithvik Sanjeevi, Sankar Subramanian, Tushar Suveer, and Aakarshi Kashyap were eliminated in their opening matches across singles and doubles categories.
State-owned Bank of Baroda (BoB) has agreed to pay $600 million (about 5,700 crore) to settle litigation arising from the collapse of NMC Health, ending years of cross-border legal proceedings.
Indian shuttler Rounak Chouhan successfully navigated the qualifying rounds of the Taipei Open Super 300, securing his spot in the men's singles main draw with two impressive victories. However, it was a challenging day for most other Indian participants across various categories, who faced defeats in their respective qualifying and opening matches. HS Prannoy and Unnati Hooda are set to lead the Indian contingent in the main draw.
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
South Korea's football team, coached by Hong Myung-bo, secured a 2-1 comeback victory against the Czech Republic in their World Cup Group A opener.
Indian squash players Shameena Riaz and Om Semwal have caused significant upsets at the USD 15,000 HCL-SRFI PSA Challenger tournament in Mumbai, defeating top seed Hayley Ward and third seed Diego Gobbi respectively. Riaz, a recent Asian Games team selection, rallied from a game down, while Semwal secured a five-game victory. Both players have now advanced to the quarterfinals.
South Korea's World Cup group-stage exit has sparked a nationwide football crisis, with coach Hong Myung-bo resigning, President Lee Jae Myung ordering an investigation, and growing calls for sweeping reforms within the Korea Football Association.
India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).
Indian benchmark indices Sensex and Nifty rebounded in early trade on Thursday, recovering from a sharp fall in the previous session, driven by foreign fund inflows and buying in key blue-chip stocks. Track Sensex, Nifty on July 9, 2026.
India's Om Semwal defeated Spain's Hugo Jaen in a hard-fought five-game match at the HCL Squash PSA Challenger Tour in Mumbai. Several other Indian players also advanced in both men's and women's categories, showcasing strong performances on home ground.
Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.
With momentum building around the IPO, the NSE saw a surge in retail investors in the last two years, making it one of the widely traded stocks in the unlisted market.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
Not only is Samay Raina going the Kapil Sharma route by bringing celebrities as special guests on his show -- which also means he has to be careful that his jokes don't land them in trouble as well -- but he also has to promote sponsors blatantly, observes Sreeju Sudhakaran.
Toy Story 5 delivers a timely and visually stunning narrative that gently but firmly advocates for protecting children's imagination from the pervasive influence of digital devices, notes Deepa Gahlot.
South Korea have come from behind to beat the Czech Republic 2-1 in their Group A opener at the 2026 World Cup, sealing a vital three points to start their campaign in style.
The MY Bharat Youth Convention in New Delhi will host over 6,000 youngsters, featuring interactions with prominent personalities and felicitating emerging talents. Organised by the Ministry of Youth Affairs and Sports, the event aims to empower youth towards the vision of Viksit Bharat @2047. It also celebrates MY Bharat's recent Guinness World Record for youth engagement.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
'Bank has a robust capital adequacy base. Along with balance sheet preparation, the bank is focusing on strengthening risk management for the new regime.'
T20 Mumbai League returns on June 1 at Wankhede Stadium with stars like Suryakumar Yadav and Shreyas Iyer, alongside the inaugural women's tournament.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
Ranveer Singh's Dhurandhar 2 is on track to surpass Baahubali 2's worldwide box office record. Released in March 2026, the spy thriller has garnered significant demand, with collections nearing Rs 1,788.06 crore. The film's success has also revived Ranveer Singh's career after a period of underperforming movies.
The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
US President Donald Trump has renewed his call for a high-security ballroom at the White House, citing security concerns after a shooting incident near a journalists' dinner he attended.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.
Gunshots fired at the Washington Hilton during the White House Correspondents' Dinner led to the evacuation of President Donald Trump and other senior officials, causing chaos and a security lockdown.
Underwater predators make life hell for everyone from Bollywood's Shanaya Kapoor to Bridgerton's Phoebe Dynevor on OTT this week along with much, MUCH more.
The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.
In the other semi-final, Maratha Royals hammered Eagle Thane Strikers by eight wickets with their skipper Siddhesh Lad hitting an unbeaten 74 off 52 balls with nine fours and a six.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
