'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'
The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.
'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'
The recently signed Gaza Peace Agreement is a 'landmark' step towards stability in the Middle East, India has said, reiterating that a two-state solution remains 'the only pragmatic path' to achieving durable peace between Israel and Palestine.
The Supreme Court has sought responses from the Centre and the Ladakh administration regarding the detention of climate activist Sonam Wangchuk under the National Security Act (NSA). Wangchuk's wife has filed a plea challenging the detention, claiming it violates his fundamental rights. The court has given the Centre and Ladakh administration 10 days to respond and has scheduled the next hearing for November 24.
The little girl with a plastic bat in a small town must feel that the world is open to her, just as I felt after watching a triumphant Team India in 1983, says Sachin Tendulkar.
'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
The Royal Swedish Academy of Sciences announced on Monday that it has decided to award the Nobel Prize in Economics 2025 to Joel Mokyr, Philippe Aghion, and Peter Howitt "for having explained innovation-driven economic growth." The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel goes to the trio, with one half awarded to Mokyr "for having identified the prerequisites for sustained growth through technological progress" and the other half jointly to Aghion and Howitt "for the theory of sustained growth through creative destruction."
Scindia's immediate task will be overseeing preparations for the ICC Women's World Cup beginning on September 30. Indore is one of the host cities.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
'Our politics is transparent -- it's about ensuring farmers don't die by suicide, about ensuring agriculture remains viable, about ensuring food security for the nation.' 'If that's politics, then yes, we do politics.'
India must act decisively to fully leverage the vast opportunities that exist in India for developing the entire rare earth magnet ecosystem, SIAM president Shailesh Chandra said on Thursday. The government is considering incentives for the production of rare earth minerals and magnets in response to China's restrictions on its global supply, which have disrupted the supply chain.
The BJP-led government's decision to grant Kunbi status to individuals from the Maratha community has opened a Pandora's box.
"Menopause is not a one-day thing," says gynaecologist Dr Nidhi Jha, who is also a founder and director at Care&Cure Clinic, New Delhi. "It's a gradual process that begins years before your last period and it's deeply influenced by how you live your 20s."
'For us, it's not always about chasing revenue. It's about sustaining happiness and energy, because that's what drives long-term growth.'
'What governments have been doing -- in civil service, journalism, business, everywhere -- is making it difficult to do the right thing.' 'Media now ask themselves: "Is it feasible for us to do this story? Will this make our life difficult?"' 'The government should make it easier for people to do the right thing and harder to do the wrong thing. Right now, it's the opposite.'
'Parents only realise the trap in which their children fell after losing money. Some exploit children for sexual acts such as pornography and the narcotics trade.'
IMAGES from the UEFA Champions League matches played on Wednesday
The timing of his decision comes just months before England's highly anticipated Test tour of Australia, where the two sides will contest a five-match ICC World Test Championship series beginning November 21 in Perth.
'You don't have to lose your identity to be part of Congress. You can be who you are, as long as you believe in the core principle of strong citizenry and nation-building through that concept'
'On the set, he was this big personality, the great Om Puri. But at home, he was like a fluffy teddy bear.'
Climate activist Sonam Wangchuk was arrested Friday by a police party in Leh, two days after violent protests by supporters of the movement for statehood and extension of Sixth Schedule of Constitution left four persons dead and 90 others injured, officials said.
Making his Test debut against Australia in 2010, Cheteshwar Pujara went on to represent India in 103 Tests, amassing 7195 runs at an average of 43.60, including 19 centuries.
Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of all-new 'Victoris' as it looks to enhance its presence in the robustly growing mid-sized SUV segment.
Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.
The 61-year-old former first-class cricketer on Tuesday said his son's journey to become the No. 1 T20I batter began when a young Abhishek would insist on batting with his father's kit, trouble his mother, and rope in his two sisters for late-night practice sessions.
The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.
The next generation GST reforms would 'absolutely' set an economy open and transparent with further reduction in compliance burden and benefiting small businesses, Union Finance Minister Nirmala Sitharaman said on Tuesday.
Congress leader Rahul Gandhi accused Chief Election Commissioner Gyanesh Kumar of protecting individuals involved in voter deletion and election rigging, citing data from Karnataka and Maharashtra.
The Opposition has claimed that the move will disenfranchise crores of eligible citizens.
'At Keeladi, we have not come across any evidence for organised religion.'
India and Russia always stood "shoulder-to-shoulder" even in the most difficult situations, Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday, against the backdrop of possibly the worst phase in New Delhi's ties with the US in over two decades.
Glimpses from India and around the world that will make you smile and cry.
'When I played against Sindhu didi in China, I am happy I managed to play better than I did last time.'
'It was a tough field, and I was nervous going in.' 'But once I stepped onto the court, I focused only on giving my best.'
Taught me how to play sweep against spin: Matthew Hayden pays heartfelt tribute to Bob Simpson
'Anyone they don't like can be potentially arrested and thrown in jail for 30 days to induce regime change.'
Glimpses from India and around the world that will make you smile and cry.
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