Shares of ICICI Bank may outperform those of HDFC Bank in the near-term, analysts said recently, after the Sandeep Bakhshi-led private sector lender reported a strong set of numbers for the July to September quarter (Q2) of financial year 2023-24 (FY24). The result, they said, reiterated that ICICI Bank is maintaining a sustainable and prudent growth led by tech-driven initiatives as against HDFC Bank, which is facing merger related challenges. According to analysts at Prabhudas Lilladher, ICICI Bank is valued at par with HDFC Bank at 2.2x/1.9x on FY25/26E core adjusted book value (ABV) basis.
The Union government has taken serious view of the utterances of General V K Singh with sources in the government saying a high level investigation would be held on what the former Army chief has said.
'To avoid accountability and cover the mismanagement of the head of the department, they create this kind of sabotage theory.' 'If it's a sabotage theory, then the higher-level officials can go scot-free.'
Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.
For that to happen, Moitra's much followed speeches should be heard outside Parliament so that the PR spins of the ruling dispensation are countered with informed debate, argues Shyam G Menon.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
rediffGURU Sushil Sukhwani offers expert advice on about pursuing higher education abroad.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
'With Trump, the relationship was very transactional, whereas with President Biden it is very structured.'
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
The United States government has expanded trade preference benefits under the Generalized System of Preferences to cover about $900 million more imports a year from India.
When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum.
He claimed even the media is debarred from entering the secretariat and reaching out to the chief minister and thus changes need to be made in the governance model in Odisha.
AITA is contemplating action against Sasikumar Mukund for not wearing the official jersey during the Davis Cup tie against Morocco.
India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
McDermott trade amendment to reinstate GSP benefits to India is approved by US House.
These tips will help you excel in the competitive exam.
Deputy US Trade Representative Karan Bhatia, has defended the Bush Administration's action to deny duty-free tariffs for imports of gold jewelry
Younger cheetahs that are habituated to management vehicles and human presence are preferred candidates for relocation to India, international experts involved in Project Cheetah have told the government based on lessons learnt from the initial experience in Madhya Pradesh's Kuno National Park.
India has been the single biggest beneficiary of the decades-old US Generalized System of Preferences programme, allowing the country to export $ 5.7 billion worth of duty-free goods in 2017, according to figures from US Congress.
Rising prices of cereals and concerns over rice production in the 2023-2024 crop year due to insufficient rains followed by floods could be the possible causes.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
India has raised tariffs on 28 items, including almond, pulses and walnut, exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
The Supreme Court on Monday said that it would hear on July 6 a plea filed by former Tamil Nadu Chief Minister Edappadi K Palaniswami challenging the Madras high court order staying the passing of any unannounced resolutions in the meeting of the All India Anna Dravida Munnetra Kazhagam general and executive councils concerning the issue of single leadership of the party.
'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'
Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".
A December 28 board meeting of the Securities and Exchange Board of India (Sebi) may tighten norms for initial public offerings (IPOs). The board may look to prescribe a minimum 5 per cent gap in IPO price bands, extend the lock-in period for anchor investors to 90 days and cap the amount a majority investor can sell through offer for sale. The regulator is looking at whether there can be a preferred allocation for anchor investors who opt for a longer lock-in period, said a person familiar with the matter.
The top court also clarified that the general council of the AIADMK which is to take place on July 11, 2022, may proceed in the accordance with the law.
In a projection of India's growing maritime prowess, Defence Minister Rajnath Singh on Monday addressed the top naval commanders onboard the country's first indigenous aircraft carrier INS Vikrant in the Arabian Sea and witnessed a mega wargame, amid China's increasing military posturing in the Indian Ocean region.
The opposition party questioned why the government took five years after the liquidation proceedings of ABG Shipyard to lodge an FIR in connection with the alleged duping of 28 banks.
Today, with the Lok Sabha polls only months away, any inter-state dispute over the Cauvery water dispute has the potential to take more political turns than otherwise, predicts N Sathiya Moorthy.
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.
Dhaka emerged as the free capital of independent Bangladesh on December 16, 1971 after the war between India and Pakistan broke out on December 3 when the Indian troops directly stood beside the Mukti Bahini soldiers.
The MLAs of the three ruling parties and the BJP have reached Mumbai ahead of the elections.
The declining trade deficit figures clearly reflect that the US exports to India are increasing.
A day after Congress leader Gourav Vallabh taunted Shashi Tharoor over his probable All India Congress Committee president poll bid, the party on Friday urged all its spokespersons and communication department office bearers to refrain from commenting on any colleague contesting the elections.