ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).
Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.
After withdrawing money on a net basis for the past three months, foreign portfolio investors (FPIs) have turned buyers with a Rs 6,480 crore investment in October so far, driven by strong macroeconomic factors.
India and Russia have agreed to jointly produce a twin-engine narrow-body passenger aircraft for short-haul flights, marking a significant step in their strategic ties. Hindustan Aeronautics Ltd (HAL) and Russia's Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) have signed an agreement for the production of SJ-100 aircraft in India.
Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.
'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'
The ambitious proposal by the power ministry to allow network sharing between distribution licensees operating in the same geographical area will face three key challenges, said a former bureaucrat.
'Equities may not outperform every year, but if they do so seven times out of 10, it's an asset class worth relying on.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).
4.5 million weddings are expected across India.
A doctor at a Saharanpur hospital denies rumors of his detention following the arrest of a colleague accused of having links with the Jaish-e-Mohammed terror group.
Assam Chief Information Commissioner Bhaskar Jyoti Mahanta resigned after an RTI request sought data on government funds given to his brother, who is linked to the death of singer Zubeen Garg. Mahanta cited his conscience and the need to avoid suspicion as reasons for his resignation.
According to an international media report, the jet crashed in the afternoon local time while flying a demonstration flight at the prestigious air show.
Trent reported decent margins in the second quarter (July-September) of 2025-26 (Q2FY26) but growth moderated. Same store growth was low single-digits. Trent's revenue growth decelerated in Q2FY26 at 17 per cent year-on-year (Y-o-Y) while area additions were offset by decline in revenue per square foot (sq ft).
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.
Media reports said earlier on Thursday that A22 had entered exploratory talks with UEFA officials to discuss a possible framework for a new competition.
'Rahul Gandhi's problem is that he doesn't think big.' 'He looks more like an activist, while politics is like a game of chess. You attack and then defend and have a game-plan.'
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
The Central Board of Secondary Education (CBSE) will conduct class 10 and 12 board exams from February 17, 2026. The board has released the final datesheet nearly 110 days in advance.
Campaigning has concluded for the second and final phase of the Bihar assembly elections, marking the end of a month-long intense political battle. Key candidates and prominent leaders from various parties held rallies and roadshows to woo voters.
Andhra Pradesh police investigate the cause of a deadly bus fire in Kurnool, suspecting a battery explosion contributed more to the blaze than the two-wheeler's fuel tank. DNA profiling of the charred bodies is underway.
The US Food and Drug Administration's (USFDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars - lower-priced, near-replicas of complex biologic medicines - could significantly benefit Indian biotech companies.
Joshi Kaithavalappil, the Parent-Teacher Association (PTA) president of St Rita's Public School, told PTI that the DDE's report was submitted without a proper inquiry. "We have decided to approach the Kerala high court against the report. It was prepared without hearing from the school management or the PTA properly or assessing the situation. Our lawyer will soon file a petition challenging its findings," he said.
Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
'The (Maoist) organisation is in visible decline. Their senior leaders are ageing. Forest life is unforgiving -- older leaders simply cannot cope physically.' 'Earlier, they attracted educated youth from cities. That stream has dried up. Today's recruits largely come from poor village backgrounds and lack ideological depth.'
The trial of Abu Jundal, accused in the 26/11 Mumbai terror attacks, is set to resume after the Bombay High Court overturned a lower court order requiring authorities to hand over confidential documents to the accused.
The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.
Nitish thought that his stakes as chief minister were far greater than his stakes in protecting one of his party MLAs. He could not allow his rule-of-law train to be derailed by a small rock on the track. On the contrary, if he removed it to keep the train moving at a steady speed he would gain strong public admiration and sympathy that would help him take the masses along in carrying out other tasks. A fascinating excerpt from Arun Sinha's Nitish Kumar And The Rise Of Bihar.
With the rise of wellness tourism and experiential travel, specialised jobs are being created in spa management, event planning and local experience curation, besides social media management.
'If the Trump administration could gain access to the nuclear weapons, they would be satisfied -- at least they could control them.'
The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?
Veteran domestic cricketer Jalaj Saxena on Saturday joined Maharashtra ahead of the Ranji Trophy 2025-26 after parting ways with Kerala where he played for nine seasons.
Chief of Defence Staff General Anil Chauhan says the Indian Air Force would have slowed the Chinese offensive considerably during the 1962 War.
South Africa captain Aiden Markram said their Test victory over hosts Pakistan in difficult conditions was a major confidence boost for the tourists, who will be heading to India next and expect an even sterner test.
What an achievement it will be if a young Gujarati-Punjabi man is able to give the most powerful nation in the world a new direction, asserts Aakar Patel.
'...There's nothing to say about the chess aspect... One of those places that you don't feel sad about leaving.'
The health condition of a 19-year-old woman who suffered serious injuries after being pushed out of a moving train by a drunk passenger near Varkala in Thiruvananthapuram district remains critical, hospital authorities said on Monday.
Andhra Pradesh police confirm that two drunk motorcyclists caused a bus fire that killed 19 passengers. The bus ran over their already-wrecked vehicle, leading to a fuel tank explosion.
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