ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
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.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
Hardik Pandya smashed seven fours and fours sixes in his 42-ball knock to fire Baroda to victory against Punjab in the Syed Mushtaq Ali Trophy.
'I was very close to Kader Khan. Whenever he wrote dialogues and scenes, he would often write my name next to certain roles. He would personally recommend me to directors. Such was his stature that directors would immediately pay attention to his suggestions.'
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.
The National Stock Exchange (NSE) is reportedly planning to launch its much-anticipated initial public offering (IPO), estimated at around Rs 30,000 crore, in September, potentially valuing the exchange at over Rs 5 lakh crore.
Star Indian all-rounder Hardik Pandya has made the unprecedented move of permanently shifting his training base to the BCCI's Centre of Excellence (COE) in Bengaluru. This decision aims to leverage the COE's facilities for injury rehabilitation and skills training throughout his career, marking a significant shift from traditional player practices.
Vijaya Mehta, a pioneering figure in modern Indian theatre and cinema, has passed away at the age of 91.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
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.
Former Mumbai and Baroda first-class cricketer Kiran Powar has been appointed as the head coach of the Assam men's team for the 2026-27 domestic season.
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.
India's economy in FY26 saw significant momentum from investment demand, with gross fixed capital formation (GFCF) accelerating to 8.2 per cent, while private final consumption expenditure (PFCE) also grew steadily, according to provisional estimates.
'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'
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.
Trinamool Congress (TMC) leaders Kalyan Banerjee and Kirti Azad have launched a scathing attack on rebel party MPs, accusing them of lacking political morality, maintaining links with the BJP, and abandoning party workers amidst alleged harassment and political attacks.
Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
Cash remains dominant for many transactions despite continued expansion in digital payments across the country.
The Central Board of Secondary Education (CBSE) announced that nearly 40,000 students have successfully applied for verification and re-evaluation of Class 12 board exam answer books, despite the portal facing cyberattacks, including a denial-of-service attempt.
Amrita Singh Tomar, a woman tehsildar known for her appearance on 'Kaun Banega Crorepati', has been arrested in connection with a Rs 2.5 crore flood relief scam in Madhya Pradesh.
Amita Singh Tomar, a woman tehsildar who gained fame on 'Kaun Banega Crorepati', has been arrested for her alleged involvement in a Rs 2.5 crore flood relief scam in Madhya Pradesh.
Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.
The India A men's team is set to host Australia A for a shadow tour in September-October, featuring two four-day 'Test' matches and three List A games, as announced by the BCCI. The board also released a comprehensive schedule for men's and women's age-group and pathways teams, including series for the senior women's side.
Seven women, including two wives of an accused peon, have been arrested in connection with an alleged embezzlement of Rs 5.5 crore from the District Inspector of Schools office in Pilibhit, officials said on Saturday.
A tractor-trolley overturned in Sheopur district, Madhya Pradesh, resulting in the deaths of four women and injuries to 26 others. The accident occurred as members of the Gurjar community were travelling to a religious ceremony.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
The Infinix Note 60 Pro is now on sale across India -- the entry model is equipped with 8 GB memory and 128 GB storage. It is priced at 31,999.
Virat Kohli praises Smriti Mandhana and Jemimah Rodrigues for their performances in women's cricket, highlighting Rodrigues' World Cup semi-final knock as particularly special. He also acknowledges the impact of the Women's Premier League (WPL) on the rising standards of Indian women's cricket.
Reliance Group chairman Anil Ambani did not appear before the Enforcement Directorate for questioning in a money laundering case linked to an alleged bank fraud. The ED is investigating loan fraud allegations against multiple Anil Ambani group companies.
Former India cricketer Kiran More tips India to beat Pakistan in the T20 World Cup 2026 in Colombo and hopes Hardik Pandya delivers in the high-pressure encounter.
They posted an astonishing 349/5 against Sikkim, the highest total ever recorded in T20 cricket, at the Holkar stadium in Indore.
India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.
'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'
Former India cricketer Jacob Martin rammed into three parked cars while driving his luxury SUV allegedly under the influence of alcohol in Vadodara.
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.
State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Meanwhile, private sector HDFC Bank reduced its Marginal Cost of Funds-based Lending Rates (MCLR) by 10 basis points across tenure, which will benefit borrowers whose loans are linked to this benchmark.
In an era where today's cricketers seldom read reports or build personal bonds with journalists, these four belonged to a different, warmer time. They valued relationships. They acknowledged the storyteller.
