'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'
Foreign investors pulled out Rs 34,993 crore (around $4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic valuations. The withdrawal was nearly double the Rs 17,741 crore outflow recorded in July.
The Supreme Court has upheld the deletion of the 'waqf by user' provision in the amended waqf law, stating it is not arbitrary and addresses potential misuse.
South leads by a mere 64 runs, and Central should be able to surmount the target without much fuss on the fifth day on Monday.
'If China shows greater concerns for Indian interests, ties could improve. Otherwise, the thaw could be short-lived.'
'Active funds have the ability to manage downside risk.'
The Supreme Court has expressed concern over the increasing pollution levels during winter and has suggested that the Punjab government arrest farmers who engage in stubble burning. The court believes that this action would send a strong message and help curb air pollution.
Mahanaryaman Scindia was on Monday unanimously elected president of the Madhya Pradesh Cricket Association (MPCA)
'Gandhi had given the call 'Do or Die'. And with all the leaders arrested, you had to be your own leader.'
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
HAL aims to raise output from the current ceiling of 24 aircraft a year to 30 by the end of 2027
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'
The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.
Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
SOFs can be a diversification tool for investors seeking alternatives to conventional large, mid, or smallcap portfolios.
Nepal has banned several social media platforms, including Facebook, Instagram, and YouTube, for failing to register with the Ministry of Communication and Information Technology. The ban affects millions of Nepalese citizens and has drawn criticism from journalists and freedom of expression advocates.
At the stroke of midnight, live dashboards lit up simultaneously across Amazon India's World Trade Centre headquarters and Flipkart's Outer Ring Road office in Bengaluru. In sprawling "war rooms" at both the companies, executives monitored real-time data streams tracking payment speeds, inventory levels, and delivery logistics as millions of shoppers flooded online platforms.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Retirement-focused products that promise certainty can look attractive. The returns are guaranteed, and locking into a fixed rate feels reassuring at a time when deposit rates are declining.
'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
During a special briefing in Tianjin, Misri confirmed that the prime minister will first address the SCO plenary session before meeting President Putin.
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
Incumbent Ajay Singh was on Thursday re-elected President of the Boxing Federation of India (BFI) for a third consecutive term after his comprehensive victory over Jaslal Pradhan in the long-overdue polls.
'Non-BJP state governments and their leaders, navigating today's political landscape, know well they have no clue what awaits around the corner.' 'The chances of charges pressed and oneself getting parked in custody play out on an uneven playing field,' points out Shyam G Menon.
Tickets for Sydney ODI, Canberra T20I of India's white-ball tour of Australia sold out: CA
Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.
According to a circular dated July 31 and signed by Interim Committee chief Ajay Singh, the Annual General Meeting (AGM) of the BFI will be held on August 21 in Delhi-NCR.
'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'
The numbers tell us the BJP's acceptability in Maharashtra is growing -- at the expense of the Shiv Sena, no matter what the faction, points out Aditi Phadnis.
'He was like a sponge. He soaked up everything we taught him -- and when it came time to play, he'd squeeze out exactly what was needed on the board during tournaments.'
Real wealth isn't built on random bets; it's built on disciplined, guided portfolio strategies that can withstand market ups and downs, says Ramalingam Kalirajan.
The Centre told the Supreme Court that governors are not indefinitely sitting on bills passed by state legislatures, and that barring a few exceptions, most have acted in a way which the apex court would have perhaps desired. Solicitor General Tushar Mehta argued that a Governor is "not a rubber stamp" and has a duty to preserve, protect, and defend the Constitution.
Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.
Global emerging market investors are sharply cutting back on India, making it the largest underweight market, as funds rotate into China, Hong Kong, and South Korea amid tariff shocks and valuation concerns.
With the rise of digital classrooms, students are often asked to create videos, prepare slideshows or use online research to complete assignments. 'We are glad that children are not spending hours copying notes in the name of homework but even now parents end up doing or supporting a major portion of the homework.'
'He moved to few other teams but never felt settled at those teams.'
'The EPS camp feels assertiveness will help the AIADMK keep the BJP's seat-share ambitions to the minimum,' observes N Sathiya Moorthy.
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