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.
Though the contest is tough in Baramati, Sule has an edge over her rival as the locals may not break the pattern that she is meant for the Lok Sabha and Ajit Pawar for the state assembly, the political analyst felt.
Finally, four years after the Framework Agreement was signed with the main Naga rebel group, there are indications that a final peace agreement maybe signed in November this year, reports Sujit Kumar Chakraborty.
'The inauguration of the Ram temple was the pinnacle of the BJP's religious politics.' 'Politics is dynamic. What goes up has to come down.'
The planning commission's core group on tsunami rehabilitation\nhas finalised its report.
The meet will see Goyal batting for structural reforms at the WTO, where India has repeatedly called for reforms, especially in the dispute resolution mechanism that has effectively been held hostage by the US.
Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees on Tuesday. The group firms Future Consumer and Future Enterprises have recently received orders from Reliance Industries. This will be a big support for the cash-strapped future group firms before the completion of Rs 24,713 crore buyout of the country's second-largest retailer by Reliance Industries' arm. Ecommerce major Amazon has raised objections over the deal.
The finisher's job is only gaining significance in the power-packed modern game
The Supreme Court in its order said it was not open for SP group companies to call Ratan Tata a "shadow director" when the board of which Cyrus Mistry was chairman had nominated him as chairman emeritus of the USD 100 billion salt-to-software Tata group.
Finance Minister P Chidambaram told reporters after the meeting that the situation in Uttarakhand is better than what it was on Tuesday and Food Minister K V Thomas is taking steps to rush more food grains to the flood-hit Uttarakhand and Himachal Pradesh.
The International Cricket Council said any player who had been through male puberty would not be able to compete in the women's game at the elite level.
The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.
Kings XI Punjab are likely to continue with the captain and coach combine of K L Rahul and Anil Kumble for next year despite finishing sixth in the 2020 Indian Premier League.
India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
The NRAI is also working on organising 'bilateral engagements for its Olympic squad' subject to approval of the government and the Sports Authority of India.
Food delivery major Swiggy has received approval from its shareholders for a $1.25 billion initial public offering (IPO), according to filings made with the Registrar of Companies sourced by Tofler. The Bengaluru-based firm plans to raise as much as Rs 3,750 crore (around $450 million) via a fresh issue and up to Rs 6,664 crore (around $800 million) through an offer-for-sale (OFS) component, the filings stated.
In a jolt to the Congress ahead of Himachal Pradesh polls, senior leader Anand Sharma on Sunday resigned from the chairmanship of the party's steering committee for the state, saying he was left with no choice after the 'continuing exclusion and insults'.
Ollie Pope, whose sensational 196 formed the core of England's 28-run win over India in the first Test in Hyderabad, said on Sunday that he practiced those sweeps and reverse sweeps extensively before arriving on these shores.
HDFC chairman Deepak Parekh on Friday exuded confidence that the synergies between HDFC Bank and the group companies will deepen with the bank taking on the mantle of ownership of the group following the reverse merger likely to be effective from Saturday. As chairman of HDFC Ltd, Parekh in the last message to the shareholders said home loans will now be complemented with HDFC Bank's core strengths -- its sales engine, execution capabilities at scale and deep insights on consumer behaviour. The reverse merger of parent HDFC Ltd with HDFC Bank is expected to be effective from July 1.
Jim Ratcliffe pledged to invest $300 million in Manchester United to try to revive its fortunes.
The National Company Law Tribunal (NCLT) has approved the resolution plan of Twin Star Technologies -- a promoter entity of the Vedanta Resources group -- for the Videocon group. But it has pointed out that the successful resolution applicant is "paying almost nothing" as the amount offered is only 4.15 per cent of total outstanding claim. It noted the hair cut for all the creditors is 95.85 per cent and suggested to both committee of creditors (CoC) and the successful applicant an increase in the payout.
Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.
In the wake of stiff opposition, Prime Minister Manmohan Singh is unlikely to attend the Commonwealth Heads of Government Meeting in Sri Lanka.
In 2017, a retired R&AW officer conveyed that Uttar Pradesh Chief Minister Yogi Adityanath was keen to get monarchy restored in Nepal and suggested that I support these efforts.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Asserting a war was not an option between India and Pakistan, Sri Lanka on Wednesday said cross-border terrorism was a core issue on the table for SAARC and the members of eight-nation grouping have to discuss it and its impact before moving forward.
This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.
Catch one of Mammootty's career best works, Oscar-winner Michelle Yeoh and more on OTT this week.
Negotiators from 13 countries spent a day and a half behind closed doors.
One of the G-23 leaders also pointed out that "we are not political tourists" and said the party leadership has to be conscious of "rumour-mongers and naradmunis".
Faced with fresh agitation on the issue of Telangana and continued uncertainties over the food security bill, the Congress top brass including Prime Minister Manmohan Singh and party chief Sonia Gandhi deliberated on the way ahead.
After winning the Indian Premier League for the fourth time, Chennai Super Kings skipper Mahendra Singh Dhoni remained tight-lipped on his participation in the next year's edition of the cash-rich Twenty20 tournament.
In his communication, Batra also pointed fingers towards the team management without specifying anything.
Mahendra Singh Dhoni in his inimitable style kept questions on his IPL retirement open-ended but did admit that a lot of things will depend on the kind of retention policy that BCCI puts in place for the big auction next year.
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
'The Opposition parties will continue to woo Chandrababu Naidu even though he has said he will support the BJP.'
'The message that India has conveyed since the start of this conflict is clear and consistent. It is important to prevent escalation to ensure continued delivery of humanitarian aid and to work towards an early restoration of peace and stability. A peaceful resolution of the conflict through dialogue and diplomacy is the only way forward'
'Qatar has been funding and supporting terrorist organisations.' 'It has used its media to spread lies and create unrest in neighbouring countries.'
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