That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
'It is the most prone month for the development of cyclones in the pre-monsoon period.'
India will have 1 billion smartphone users by 2026 with rural areas driving the sale of internet-enabled phones, a Deloitte study said on Tuesday. India had 1.2 billion mobile subscribers in 2021, of which about 750 million are smartphone users. It is poised to be the second-largest smartphone manufacturer in the next five years. "The smartphone market is expected to reach 1 billion smartphone users by 2026," according to Deloitte's 2022 Global TMT (Technology, Media and Entertainment, Telecom) predictions.
The incumbent Congress could win only 18 seats, with Chief Minister Charanjit Singh Channi losing both seats he contested -- Chamkaur Sahib as well as Bhadaur.
Deploring the fast falling trend of the reputation of the University of Madras, the Madras high court has suggested the authorities concerned to award capital punishment to the erring officials.
Barty's athleticism is remarkable.
Should deposit growth continue to outpace credit growth, banks may end up ceding some hard-earned 25-50 bps improvement in profitability or net interest margin gained in the past two years.
It also said that an average of 11.5 lakh tests for detection of coronavirus infection were done on a daily basis during the past 10 days. From merely one in January 2020, India's total tests for detection of COVID-19 have crossed 7.89 crore so far. There has been a commensurate dip in the COVID-19 positivity rate, it said.
'Always have two (not more) things you want badly in life -- really badly -- and it will bring such focus, such hard work and such sacrifice that you never knew existed inside you.' 'This is the secret sauce to success today and most days.' A must-read excerpt from Ronnie Screwvala's Skill It, Kill It: Up Your Game.
India's largest carmaker, Maruti Suzuki India (MSIL), is focused on getting 50 per cent of its customers' car-financing transactions executed through its Smart Finance platform by next year. Shashank Srivastava, executive director-sales, MSIL, said this will help the company turn its website into a single-window channel through which customers can select their models, find dealers, and arrange financing. He said there is a likelihood that 100 per cent of its customers availing of financing will take it through Smart Finance. To date, the company has disbursed Rs 6,500-crore loans via Smart Finance to around 100,000 customers, accounting for 28 per cent of all finance-based car-purchase transactions for the company.
'The pandemic helped me to shift my focus to the medicinal qualities of food.'
The administration -- which has been facing flak on the issue with the Editors Guild of India terming the events a 'coup' and a continuing trend to smother press freedom -- cited 'unpleasant developments and dissensions between various groups of journalists' as the reason for the takeover of the premises in Srinagar's high street Polo Ground area.
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.
Never let self-doubt get in your way and the fear of rejection stop you from growing.
Th report predicted that the world population is to reach eight billion by mid-November 2022.
Seven of Bollywood's big stars (Akshay Kumar, Ranveer Singh, Ajay Devgn, Varun Dhawan, Saif Ali Khan, John Abraham and Shahid Kapoor), who had 10 movies released with a collective budget of Rs 1,100 crore since December, could rustle up only around a third of that money at the box office.
Ending its decade long stint in the opposition, even relegated to the third spot in the House in 2011, the M K Stalin-led Dravida Munnetra Kazhagam made a spirited comeback to the ruling saddle to unseat its rival the All India Anna Dravida Munnetra Kazhagam.
Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
Investments in Indian capital through participatory notes (P-notes) rose to Rs 1.02 lakh crore till October-end, making it the highest level in 43 months.
Continuing with the trend of the last nine days, India has reported more daily recoveries than daily new cases in a span of 24 hours.
Single Indians will continue to meet prospects over video calls even in a post coronavirus world, predicts Saurabh Goswami, founder-director, Ultra Rich Match, an online matchmaking company.
The action hots up, and Nikki reveals her game plan.
The recovered cases are nearly 10 times more than the active cases, it said. The active caseload of the country has fallen below 7 lakh for the first time after two months (63 days), the ministry said.
Markets regulator Sebi on Tuesday proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods for promoters' and other shareholders post an IPO. In a consultation paper, the watchdog has also suggested streamlining the disclosures requirement of group companies. The Securities and Exchange Board of India (Sebi) has sough comments from public on the proposals till June 10.
'South movies have the perfect script, the perfect action and the perfect romance.' 'That's why these films are running in theatres.'
The commission has also enhanced the limit of people allowed for door-to-door campaign.
Retail sales of cars are back to January 2018 levels in August 2021. Two-wheeler retail sales are 22 per cent lower, nearly four years down the line.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
The India batsman took his wife Ritika out for a movie date on Thursday, with brother-in-law Kunal also giving them company.
Byju's, Flipkart, PharmEasy and CRED, among others, have taken the acquisition route to grow
The discount should be equal to interest rates on savings bank account deposit of State Bank of India.
To make a date fun and novel, ideally you must choose a partner from another generation, says Solene Paillet.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
The spread of the Omicron variant of the coronavirus has made Indian companies persist with their policy of banning overseas trips and allowing only essential travel within India. The IT services firms, which had planned to ask their employees to return to the workplace, are also waiting and watching the Covid-19 situation before fully opening up their offices. Large conglomerates like the Tatas, Birla, JSW and Reliance are continuing with the mandatory social distancing and masking policies within their office premises.
The Delhi high court on Thursday sought the Enforcement Directorate's response on the bail plea by Delhi-based freelance journalist Rajeev Sharma, who was arrested in connection with a money-laundering probe linked to alleged leakage and supply of sensitive information to Chinese intelligence officers.
Mop up grows 10% y-o-y at Rs 1.05 trillion, almost equal to levels in February before a nationwide lockdown to contain the coronavirus pandemic
Tata Consultancy Services (TCS) on Friday reported a 14.1 per cent rise in consolidated net profit to Rs 9,624 crore in the September 2021 quarter, aided by broad-based growth across geographies and verticals. The Mumbai-based company had logged a net profit of Rs 8,433 crore (excluding adjustment towards a legal claim) in the year-ago period. Its revenue grew 16.7 per cent to Rs 46,867 crore for the September 2021 quarter from Rs 40,135 crore in the year-ago period.
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