The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
A surprise attack by Hamas militants from Gaza at daybreak killed at least 200 Israelis on Saturday even as Prime Minister Benjamin Netanyahu declared "war" and said his country would extract an "unprecedented price" from its enemy.
The prime minister's sop is expected to give a massive boost to priority-sector housing loans, thereby pulling the entire housing loan portfolio of banks.
If military power is all it would take to finish the menace of an awful terrorist organisation like Hamas, how come five Israeli wars in Gaza since 2003 have failed to do so? asks Shekhar Gupta.
United States President Joe Biden on Wednesday said that based on what he saw, it appears that the deadly explosion at the Gaza hospital was done by 'the other team' and not the Israeli military, accepting the Israeli version of the story pinning the blame for the blast on the Palestinian militant group Islamic Jihad.
A snowy fishing village in Greenland, a vulture soaring through the sky in Spain, and a trio of actors gearing up for an opera performance in China all make up the award winners in the 2019 National Geographic Travel Photographer of the Year awards. Chosen from thousands of entries, the winning snap is called Winter in Greenland and was taken by Weimin Chu. It depicts the fishing village of Upernavik in northwestern Greenland. Chu will receive $7,500 (Rs 5.21 lakh) and a post on National Geographic Travel's Instagram account, @natgeotravel. Here we present the winners in each of the three categories.
Pasha, who had earlier received training in making bombs in Bangladesh, provided training to the Mangaluru blast case accused during their stay in a jail in Karnataka.
Wayanad will continue to support Rahul but not to the same extent as in 2019, when his margin of victory had been enormous. Articulate, to the point and speaking in fluent Malayalam, CPI's Annie Raja, had the people who gathered to see her, listening in rapt attention, notes Shyam G Menon.
'People coming from the slightly upper section of Palestinian society want to fight and I see vengeance in their eyes.'
The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.
United States Secretary of State Antony Blinken reiterated his country's stance against an immediate ceasefire in Gaza during his meetings with key Middle Eastern leaders on Saturday, CNN reported.
The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.
.jpg)
After RBI's missive on proxy lending to builders, it's time to reshuffle.
They had also sought to be allowed to charge consumers for use of own-bank ATMs.
The Congress on Thursday urged External Affairs Minister S Jaishankar to take up strongly with Canadian authorities reports of a float depicting the assassination of former prime minister Indira Gandhi being part of a parade in Brampton.
'We will win all the 28 Lok Sabha seats in 2024.'
National Geographic's new travel photography competition is entering its third week and is attracting stunning pictures from across the globe. Some of the jaw-dropping pictures show the famous "Firefall" of Yosemite National Park to a sunset at the Taj Mahal. The annual competition is accepting entries until May 3 at 12pm and asks for pictures in three categories: nature, cities and people.
Elections may be a few months away, but the government may get into election mode much earlier than that, predicts A K Bhattacharya.
Israel's ministry of defence and the Israel defence forces on Sunday said they are planning to evacuate another 14 communities close to the Lebanese border, The Times of Israel reported.
'The State does not accept our rights, what more can I say about this judgment?'
A row of buildings in Kullu district collapsed Thursday and hundreds of travellers were stranded in relief camps after landslides blocked the road to Mandi in rain-battered Himachal Pradesh.
The real estate market has seen a decline in affordability due to the recent rise in median loan rates as a result of the 50 basis points (bps) hike in repo rates by the Reserve Bank of India (RBI). A cumulative increase of 0.95 per cent in median home loan rate has impacted the purchase affordability and purchase decisions of homebuyers, according to the Affordability Index by Knight Frank. The Affordability Index tracks the EMI (equated-monthly instalment) to income ratio for an average household.
Housing prices appreciated in 18 major cities by up to 3.9 per cent in April-June over the preceding quarter while property rates fell in six cities including Delhi, according to National Housing Bank (NHB).
ICICI Bank on Sunday said there is also enough space for Chinese banks to play a complementing role in the India.
'When one was with Mother, one realised you were with somebody who was the nearest person to God.' 'She must have been God incarnate.'
Looking for an adventure escape or a soulful vacay? Here's our guide for your next solo travel jaunt.
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
After the Maharashtra government has scrapped the Mumbai redevelopment plan, there could be major change in state policy.
The first stop on Serena Williams' farewell tour came to a quick end as she fell to Belinda Bencic in second-round action at the Canadian Open on Wednesday a day after announcing her forthcoming retirement from tennis.
A fresh $1-billion (nearly 4,600-crore) loan from the World Bank under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), to be routed through the Union government, would be linked to cities adopting certain efficiency parameters.
There are concerns that his arrest and arraignment could bring with it a repeat of the kind of violence and protest seen during the January 6, 2021 attack on the US Capitol building by pro-Trump rioters in the aftermath of the 2020 presidential election that Trump lost to Joe Biden.
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.
Place your bets only on cities where you can easily monitor and where there's visible growth.
News of all that's transpired on and off the football field
Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy's dependence on cash has remained as high as ever. So when the Reserve Bank of India (RBI) introduced a pilot project of its version of digital cash - called the central bank digital currency (CBDC) - on December 1, many questions were asked. Can the CBDC replace physical cash, even partially? Can it match cash in terms of convenience? Are CBDC transactions truly anonymous?
oaring crime gave Venezuela the horrific title of being one of the most violent countries on earth. Inflation ran into tens of thousands per cent, impoverishing nearly all of the country's 31 million people.' Yet, says Radha Roy Biswas, she sees hope for the beleaguered nation where she spent her childhood years.
Pele's greatest contribution to both soccer and Brazil was to transform his underachieving nation into a footballing superpower.
According to a government reply in Lok Sabha, as on June 30, 2017, there were about 109,598 cases pending across debts recovery tribunals, with recovery dues of Rs 635,500 crore.
Messi's image is everywhere, adorning the sides of buildings.
