Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.
Shreyas Iyer did not take the field for the entire duration of Day 4 in the Ranji Trophy final on Wednesday.
Corporate lending has not slowed down. There is no slowdown in manufacturing and services, says M D Mallya.
Indian pace spearhead Ashish Nehra is pleased to see the rise of Hardik Pandya and has words of praise for the youngster.
Mumbai Indians skipper Hardik Pandya seemed to be at a loss for words to explain the reasons for his team's disastrous showing in IPL 2024 so far.
Baroda were 129 runs for loss of three wickets in their first innings in reply to Bengal's first innings total of 370 runs still needing 241 runs to surpass Bengal's total at the Motibagh ground on the second day of the Elite group Ranji Trophy match on Friday.
Bhuvneshwar Kumar blew away Bengal top-order in an incredible five-wicket haul
Taking a cue from the cut announced by Reserve Bank of India in interest rate on savings accounts offered by banks, Bank of Baroda has reduced deposit rates by 0.25-0.75 per cent across all maturities effective March 10.
Uttar Pradesh beat Baroda by two wickets in a last-ball thriller in the Super League (Group B) match of the Syed Mushtaq Ali T20 tournament, in Indore on Friday.
A host of conspiracy theories followed, involving Indira Gandhi, her younger son Sanjay, his favourite small car project, secret funding of the Bangladesh Mukti Bahini and even the Central Intelligence Agency of the United States.
Jharkhand keeper-batter Ishan Kishan's reluctance to play first-class cricket and focus only on the IPL could prompt the BCCI to make a minimum number of Ranji Trophy games mandatory for players in order to be eligible for the cash-rich league's lucrative auction pool.
Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.
Former India pacer Irfan Pathan has questioned the BCCI's decision to deny central contracts to Ishan Kishan and Shreyas Iyer for ignoring a diktat to play Ranji Trophy, saying that players like Hardik Pandya have not been judged on the same parameter.
A round-up of results of Ranji matches played on Sunday
Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.
The BCCI is working towards redrafting the salary structure of the Test players in such a way that they get an additional reward apart from the annual retainer contract if they feature in all Test series in the year.
Yusuf Pathan hammered an unbeaten 86 as Baroda defeated Mumbai by 15 runs in the opening match of West Zone T20 tournament, at the Saurashtra Cricket Association (SCA) stadium, in Rajkot, on Thursday.
Irfan's all-round show helps Baroda trounce MP by 53 runs; UP humbles Mumbai and Bengal lose to Vidarbha
Brokerage firms on Wednesday appeared divided in their calls on Larsen & Toubro (L&T) after the company's 2023-24 (FY24) October-December quarter (third quarter, or Q3) performance and guidance for the quarters ahead. While few stayed optimistic about the stock over future order inflow prospects, others saw increasing exposure to West Asia and fixed price contracts as a concern. In Wednesday's trade, L&T's share price closed at Rs 3,480 per piece, 4.22 per cent down from its previous day's close.
Seamers Shivam Dube (4/10) and Royston Dias (3/35) powered Mumbai's outright win over Bihar by an innings and 51 runs in their Ranji Trophy 2023-24 season opener in Patna on Monday.
...to fund the revenue gap. Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half.
Yusuf Pathan's late surge of 92 took Baroda to 446; Iqbal Siddidqui of Maharshtra claimed six wickets.
Ishan Kishan is set to make a comeback to competitive cricket for his employers Reserve Bank of India in Mumbai's D Y Patil T20 tournament.
Ravi Shastri backed the duo of Shreyas Iyer and Ishan Kishan to come back stronger
Bank of Baroda has hiked interest rates for non-resident external term deposits across various maturities with effect from April 4.
'If you look in terms of leadership seniority, Bumrah is ahead of Pandya as he captained the Test team in 2022. He has also been ODI vice-captain before Pandya during the ODI tour of South Africa.'
India's newest batting star Sarfaraz Khan and wicket-keeper Dhruv Jurel were inducted into Group C of BCCI's central contract with an annual retainership fee of Rs 1 crore, having fulfilled the criteria of playing three Tests in a current season.
Kanpur looks set to host the third One-Day International between India and West Indies after Baroda Cricket Association expressed it's inability to get the IPCL stadium ready in time, for the match on November 27.
'The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical.'
Sachin Tendulkar said playing in the Ranji Trophy provides national players an opportunity to go back to basics.
With India's inclusion in global bond indices starting next financial year, the central government believes there will be greater scope for shifting to borrowings via long-term government securities (G-sec) from short-term instruments. This change may be factored into the FY25 interim Budget. "While this has been our focus, the inclusion of India in global bond indices gives us the opportunity to accelerate the shift towards longer tenure G-secs," an official said, requesting anonymity.
Reserve Bank of India (RBI) is unlikely to cut the benchmark interest rate at its upcoming monetary policy review meeting, taking place soon after the announcement of the Lok Sabha election results, amid inflation challenges, said experts. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo) prevailing since February 2023. The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for June 5 to 7.
Jay Shah was seen having a light-hearted chat with Kishan and national captain Rohit Sharma.
The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.
The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan. "We have asked banks to undertake comprehensive review of the gold loan business," financial services secretary Vivek Joshi told PTI.
The need for money among banks, especially for short-term funds, may turn more intense in the last month of the financial year to feed the demand for capital for tax payments and meet year-end targets. The mobilisation of funds via the certificate of deposits (CDs) has seen a threefold increase to over Rs 60,000 crore in the fortnight that ended February 23 from around Rs 20,000 crore in the fortnight of January 26, 2024, according to the Reserve Bank of India (RBI) data.
A summary of Tuesday's play in the Ranji Trophy matches at various venues across the country.
A summary of Friday's Super League matches in the Mushtaq Ali T20 tournament.