The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI's median target of 4 per cent for the fourth consecutive month, according to government data released on Thursday. Consumer Price Index (CPI)-based retail inflation was 3.16 per cent in April and 4.8 per cent in May 2024.
Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.
Temperatures are likely to remain in a similar range until Thursday, with a gradual fall expected from June 13.
In its second weekend, Bhool Chuk Maaf has scored a half century at the box office.
Australia's batting maestro Steve Smith provided an update on the injury he sustained on his finger during their World Test Championship final defeat against South Africa at Lord's.
Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.
The Jagannath temple has fostered Odisha's regional cooking styles and preserved local food traditions.
Nearly 86.5 lakh deaths were reported in the country during 2022, a significant decline of more than 15 per cent from Covid-affected 2021 which had recorded over 1.02 crore deaths, according to a new data from the Civil Registration System (CRS).
The performance of Hindustan Aeronautics Limited (HAL) for 2024-25 (FY25) was driven by improved margins and lower provisions. The order book as of March was of Rs 1.8 trillion, with inflows of Rs 1 trillion during FY25.
The 33-year-old midfielder from Punjab, a place synonymous with Indian hockey folklore, now stands as the second-highest capped Indian men's player of all time, behind only former Captain and current Hockey India President Dr. Dilip Tirkey (412 caps).
RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.
Carlos Alcaraz, 22, reached his eighth Grand Slam semi-final and will continue his quest for a third successive Wimbledon title.
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
The incidents occurred in 15 districts of the state during the festival held on Wednesday.
Tourists hesitant to visit America due to frequent policy changes there.
At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
From Sensex firms, Eternal dropped the most by 4.10 per cent. Maruti, Mahindra & Mahindra, UltraTech Cement, Power Grid, Nestle, Bajaj Finance, Hindustan Unilever and Asian Paints were also among the laggards. HDFC Bank dropped by 1.26 per cent and index major Reliance Industries by 1.13 per cent. Tata Steel, Infosys and ITC were the gainers.
Dilip Doshi had great success on Indian tracks but it was the tour of Australia in 1980-81 where he picked up 11 wickets (6 in Adelaide and 5 in Melbourne) in more than 150-plus overs on non-responsive pitches.
PSG beat Seattle to reach knockout stage at Club World Cup
Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore. Goods and Services Tax (GST) collection had touched a record high of Rs 2.37 lakh crore in April. In May, 2024, the mop up was Rs 1,72,739 crore.
From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.
Hindalco's India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis.
Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.
Ange Postecoglou ultimately paid the price for an horrendous English Premier League season which saw Tottenham finish 17th.
Maruti, IndusInd Bank, Bajaj Finserv, Eternal, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Titan, HDFC Bank, and NTPC were among the other major gainers. Bharti Airtel and Sun Pharma were the laggards.
Housing sales declined 5 per cent in the July-September quarter across the top eight cities due to a fall in new supply and sharp appreciation in prices, according to PropTiger. Real estate brokerage platform PropTiger.com, which is part of Australia's REA group that owns Housing.com, on Tuesday, released its report 'Real Insight' on India's residential market. A total of 96,544 units were sold in July-September, down 5 per cent from 1,01,221 units sold during the same period in 2023.
Andy Murray will no longer coach 24-time Grand Slam champion Novak Djokovic, with the pair's high-profile partnership coming to an end after six months and no titles, the Briton's team said on Tuesday.
'Afterwards, some improvement is expected.'
If you're looking for cool ways to chill this summer, Namrata Thakker gives you some filmi cues.
India's industrial production growth remains almost flat at 3 per cent in March sequentially, though, on a year-on-year basis, it slipped from 5.5 per cent, mainly due to poor performance of the manufacturing, mining and power sectors.
Ravindra Jadeja continues to reign supreme at the top of the ICC Men's Test Player Rankings for all-rounders, but his lead has narrowed following a stellar performance from Bangladesh's Mehidy Hasan Miraz.
The Royal Challenger's Bengaluru parade in celebration of the team's maiden Indian Premiere League win in 18 years turned into tragedy as at least 11 fans died and several were injured in a stampede near the Chinnaswamy Stadium on Wednesday.
Domestic passenger vehicle wholesales declined by about 2 per cent year-on-year in August as companies curtailed dispatches to reduce inventory at dealers amid a drop in demand. According to data issued by the industry body Society of Indian Automobile Manufacturers (SIAM), the total passenger vehicle dispatches in the domestic market stood at 352,921 units last month compared to 359,228 vehicles in August 2023, a dip of 1.8 per cent.
Royal Challengers Bangalore (RCB), already qualified for the playoffs, will aim to secure a top-two league stage finish when they face Sunrisers Hyderabad (SRH) in their Indian Premier League (IPL) clash in Lucknow.
Amid challenging market environment, Maruti Suzuki India and Mahindra & Mahindra reported an increase in vehicle dispatches to dealers last month while Tata Motors and Hyundai saw a year-on-year drop in sales.
Brighton & Hove Albion substitute Jack Hinshelwood struck a late winner as the hosts came from behind to grab a 3-2 victory over champions Liverpool.
Anushka Sharma and Virat Kohli have consistently shown us how to build a relationship that thrives under pressure and celebrates each other's victories as their own.