The Indian contingent at the Norway Chess tournament faced a difficult day as all four players, including world champion D Gukesh, suffered defeats in Round 6. Magnus Carlsen gained momentum, while Wesley So took the lead.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
D Gukesh and R Praggnanandhaa secured important wins in Round 7 of the Norway Chess tournament, while Divya Deshmukh defeated Koneru Humpy, boosting India's chances in the competition.
D Gukesh aims to rebound at Norway Chess after a challenging start, while R Praggnanandhaa enjoys a strong position. Gukesh's performance against Praggnanandhaa in round five will be crucial in determining his title contention.
D Gukesh aims to recover at Norway Chess after a difficult start, while R Praggnanandhaa enjoys a strong position. Gukesh's performance against Praggnanandhaa in round five will be crucial for his title aspirations.
R Praggnanandhaa dealt another stunning blow to hometown hero and World No 1 Magnus Carlsen, defeating the Norwegian in a classical game for the second time at Norway Chess 2026.
Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 38.
Teenage shooter Anvii Rathord won a bronze medal in the women's 10m air rifle at the ISSF Junior World Championship in Suhl, Germany. However, India's campaign was marred by a team disqualification due to a breach of equipment stiffness standards by Shambhavi Shravan Kshirsagar. Despite this setback, India continues to lead the medal tally. The championship also saw another Indian shooter, Vanshika Chaudhary, miss a potential gold due to a costly error.
D Gukesh defeated R Praggnanandhaa in a classical battle at the Norway Chess tournament, while Divya Deshmukh leads the women's section after a victory over China's Zhu Jiner.
Magnus Carlsen defeated D Gukesh at the Norway Chess tournament, while R Praggnanandhaa secured second place after beating Vincent Keymer. In the women's event, Divya Deshmukh lost to Anna Muzychuk, and Koneru Humpy continued to struggle.
India was on Friday accorded the vice presidency of the Financial Action Task Force (FATF), the global body that sets standards for combating money laundering and terrorist financing, for the first time.
Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 29.
Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of IPL 2026 after Game 24.
Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.
Pati Patni Aur Woh Do continues its impressive box office run, dominating screens in its third week, while Hollywood's Obsession makes waves too.
Indian table tennis players showcased their dominance by securing 13 gold medals at the South Asian Youth Table Tennis Championships, also qualifying for the Asian Youth Championships.
From psychological mind-benders to folklore nightmares and zombie comedies, these 10 Hindi horror films prove Bollywood has produced far more than just things that go bump in the night.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
Delhi Police have arrested a man from Madhya Pradesh in connection with a multi-crore bank fraud case involving forged cheques and fraudulent withdrawal of funds from an Amity University account.
India's eight core infrastructure sectors recorded a two-month high growth of 1.7 per cent in April, primarily boosted by strong performances in steel, cement, and electricity production, according to government data.
The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
Vincent Keymer secured the Super Chess Classic title with a victory over Jorden Van Foreest, while R Praggnanandhaa concluded his campaign with a draw against Anish Giri. Keymer's win earned him the top prize and boosted his chances for the Grand Chess Tour finals.
Indian Grandmaster R Praggnanandhaa drew with Jorden Van Foreest, while Vincent Keymer took the lead in the Super Chess Classic.
Indian Grandmaster R Praggnanandhaa faced a setback in the Super Chess Classic, losing to Fabiano Caruana. Other key results saw Javokhir Sindarov defeat Vincent Keymer, while Jorden Van Foreest benefitted from Alireza Firouzja's withdrawal.
Indian Grandmaster R Praggnanandhaa drew with Deac Bogdan-Daniel, while Alireza Firouzja withdrew from the Super Chess Classic due to injury.
Grandmaster R Vaishali emerged victorious at the Women's Candidates Tournament, earning the right to challenge Ju Wenjun for the World Championship title.
Indian Grandmaster R Praggnanandhaa is set to compete against Romania's Deac Bogdan-Daniel in the sixth round of the Super Chess Classic, part of the Grand Chess Tour, aiming to end his series of draws.
Indian Grandmaster R Praggnanandhaa will face Romania's Deac Bogdan-Daniel in the sixth round of the Super Chess Classic, part of the Grand Chess Tour, hoping to end his series of draws.
Indian Grandmaster R Praggnanandhaa drew with Maxime Vachier-Lagrave at the Super Chess Classic, while other matches intensified the title race. Fabiano Caruana and Vincent Keymer drew, and Javokhir Sindarov secured a victory. The final round promises high stakes with multiple players in contention for the title.
Indian Grandmaster R Praggnanandhaa drew with Wesley So in the fifth round of the Super Chess Classic, part of the Grand Chess Tour, while Vincent Keymer of Germany maintained his lead.
Indian Grandmaster R Praggnanandhaa drew with Vincent Keymer in the third round of the Super Chess Classic, maintaining his position as joint leader alongside four other players.
Indian Grandmaster R Praggnanandhaa defeated Javokhir Sindarov in the second round of the Super Chess Classics. Other results from the round include victories for Maxime Vachier-Lagrave and Vincent Keymer, while Fabiano Caruana and Wesley So drew their respective matches.
Indian Grandmaster R Vaishali remains in contention at the Women's Candidates Chess tournament after drawing with Zhongyi Tan, while Javokhir Sindarov of Uzbekistan won the open section. Key final round matchups are set to determine the final standings.
Indian Grandmaster R Praggnanandhaa drew with Alireza Firouzja in the first round of the Super Chess Classics in Bucharest, while other games also ended in draws.
The CBI has arrested three individuals, including an IndusInd Bank assistant manager, in connection with a Rs 1.6 crore "digital arrest" scam. The arrests followed searches in Telangana and Andhra Pradesh.
Indian Grandmaster R Praggnanandhaa is set to compete against Alireza Firouzja of France in the opening round of the Super Chess Classic in Bucharest, marking his first classical event of the year as part of the Grand Chess Tour.
Indian Grandmaster R Vaishali faces a tough challenge in the Candidates chess tournament after losing her lead, while Javokhir Sindarov dominates the open section.
D Gukesh recovered from a shaky start in the blitz section of the Super Rapid and Blitz tournament with a victory over Jan-Krzysztof Duda. Hans Moke Niemann leads the tournament, followed by Wesley So and Fabiano Caruana.
Indian Grandmaster R Vaishali's loss to China's Jiner Zhu has thrown the FIDE Women's Candidates tournament wide open.
