'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
The US Kids Golf India Series is back for its sixth season, featuring over 50 young golfers competing in Gurugram. This series serves as a crucial pathway for Indian junior golfers to gain Priority Status, enabling them to participate in prestigious international championships like the US Kids European and World Championships, where Indian participants have recently achieved notable success. The program's expansion across Asia further solidifies its role in developing future golfing talent.
India's Test vice-captain K L Rahul will miss the Duleep Trophy final for South Zone, as confirmed by skipper Tilak Varma.
Teen prodigy Vaibhav Sooryavanshi and skipper Ishan Kishan had disappointing performances for East Zone in their Duleep Trophy campaign opener against North East Zone, both falling for single-digit scores.
Indonesia's main airport in Jakarta, Soekarno-Hatta international airport, has resumed operations after a two-day closure caused by volcanic ash from Mount Anak Krakatau, with winds pushing the ash away from the airport's airspace.
John Abraham, owner of Northeast United, believes the upcoming Indian Super League (ISL) season will mark a significant turning point for Indian football. With a new club-led domestic structure and a return to the traditional home-and-away format, Abraham envisions a "paradigm shift" where football could rival cricket's popularity. He also highlighted NEUFC's regional impact and their ambition to win the ISL title.
UAE cricketer Asif Khan has been banned for 15 months by the ICC after testing positive for a banned anabolic steroid, mesterolone, during an out-of-competition test. The ban is backdated, and his past results from September 2025 have been disqualified.
Karun Nair, despite scoring a century in a local tournament, was controversially excluded from the South Zone squad for the Duleep Trophy final. This decision has drawn attention given South Zone's struggles against East Zone. Coach Vikram Verma cited team combination and "personal reasons" for Nair's absence, but his subsequent participation in another match suggests deeper issues.
A man has been arrested in Uttarakhand for allegedly assaulting his eight-month pregnant wife, which resulted in the death of their unborn child. The wife is in critical condition, and police are investigating whether the dispute stemmed from a land deal or an alleged illegal sex determination test.
Veteran Indian pace bowler Mohammed Shami is set to play his 100th first-class match, leading East Zone in the Duleep Trophy final against South Zone in Chennai.
New South Wales (NSW) has strongly criticised Cricket Australia's (CA) decision to proceed with a "self-determination" model for Big Bash League (BBL) privatisation, warning of potential threats to investment in grassroots cricket and long-term implications for the sport. NSW, which operates two BBL clubs, expressed disappointment over the lack of alignment across Australian cricket and highlighted unfulfilled conditions for the sale process.
Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
State Bank of India's latest report highlights a 'chalk and cheese' divide in the Reserve Bank of India's recent policy communications, with the Monetary Policy Committee minutes showing a hawkish tone while the Governor's statements are more data-dependent, leading to market uncertainty regarding future interest rate hikes.
The UEFA Champions League group stage commenced with thrilling matches as holders Paris St Germain, Arsenal, and Liverpool all secured victories. Ferran Torres netted a hat-trick for PSG in their dominant 6-1 win, while Martin Odegaard's late strike gave Arsenal a 1-0 triumph over Napoli. Liverpool came from behind to beat Atletico Madrid 2-1, and Barcelona also started strong with a 5-1 win against Feyenoord.
Former Pakistan captain Salman Akbar attributes his country's hockey decline to the absence of a robust domestic structure, contrasting it with India's strategic investment in grassroots and domestic ecosystems after failing to qualify for the 2008 Olympics. He highlights India's subsequent success and calls for similar foundational changes in Pakistan.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
Adani Group-operated Mumbai International Airport (MIAL) is set to begin demolishing a section of its nearly 80-year-old Terminal 1 from January 15, 2027, as part of a major redevelopment plan. This initiative involves redistributing air traffic from T1 to Terminal 2 and the Navi Mumbai International Airport, with significant shifts planned for international and domestic flights starting October 1 and October 25, respectively.
Anvay Dravid and Aaryavir Sehwag, sons of India greats Rahul Dravid and Virender Sehwag, have been named in the India U-19 squad for Australia series.
On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.
Auqib Nabi's Surrey stint will provide crucial first-class exposure in England as the J&K pacer seeks to strengthen his case for India's Test squad for New Zealand.
Prime Minister Narendra Modi celebrated India's 7.8 per cent GDP growth in the April-June quarter, attributing it to the collective strength of the people despite global uncertainties. He criticised "doomsayers" as the economy showed resilience, exceeding expectations even amidst international conflicts and supply chain issues.
Of the 37,448 candidates registered for the Foreign Medical Graduate Examination (FMGE) in June, 36,288 appeared and 4,635 qualified.
Delhi Police have prepared a 1,500-page chargesheet in the Mehrauli murder case of a 10-year-old girl, revealing that the accused cab driver, Bashu Kumar Singh, left his driving licence at the crime scene. This crucial piece of evidence, along with CCTV footage, forensic analysis, and pictorial reconstruction, helped investigators establish the sequence of events leading to his arrest and the recovery of the victim's body. The chargesheet details the abduction, sexual assault, and murder, highlighting the scientific approach taken by the police.
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
A domestic dispute over a mobile phone tragically led to the deaths of three family members in Chhatrapati Sambhajinagar, Maharashtra. A 19-year-old son, upset after an argument, climbed a hill. His parents followed to persuade him to return, but a desperate attempt to save the son from falling resulted in the father and son plunging to their deaths. The mother, witnessing this, then jumped herself.
One of the important topics of discussion between the two leaders is expected to be the Northern Sea Route and the Chennai-Vladivostok Maritime Corridor.
Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.
Veteran Indian all-rounder Ravindra Jadeja advised debutant Saransh Jain to treat his maiden Test match as another First-Class game, urging him to enjoy the moment without pressure. Saransh, the 320th player to represent India in Tests, expressed his happiness at receiving his cap from an all-rounder like Jadeja and dedicated his cricketing journey to his father.
'The number of airport bundles that may be awarded to a single bidder would be capped.'
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The Pakistan Super League (PSL) is considering moving its next edition to January to avoid clashing with the Indian Premier League (IPL). Media rights holders have expressed concerns over limited advertising revenues during the current April-May window, prompting discussions within the PSL Governing Council for an earlier schedule.
S&P Global Ratings has affirmed India's sovereign credit rating at 'BBB' with a stable outlook, citing the country's dynamic and fast-growing economy, strong external balance sheet, and stable institutions that ensure policy predictability.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Arjun Tendulkar, son of cricket legend Sachin Tendulkar, has confirmed he will continue playing for the Goa cricket team, dispelling recent rumours of his departure after missing a tour to Oman.
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
Barcelona have signed Gabriel Jesus from Arsenal on a three-year deal, strengthening their attack while speculation continues over Julian Alvarez amid Atletico Madrid's reluctance to sell.
Heavy rainfall caused significant waterlogging in New Delhi, particularly near IGI Airport, just days before the BRICS Summit. The incident highlighted coordination issues among various city agencies, with PWD officials attributing some flooding to other departments, despite a recent review meeting by the Lieutenant Governor to ensure inter-agency synergy.
The PM CARES Fund experienced a 30 per cent decrease in domestic donations and an 18 per cent drop in foreign contributions during the fiscal year 2024-2025. Despite this, the total balance in the fund increased to Rs 8,452 crore, primarily held in fixed deposits and savings accounts. The fund's expenditure on the PM CARES for Children Scheme also saw a sharp reduction.
India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth.
