Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.
Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.
From the Sensex pack, Bajaj Finserv, Bajaj Finance, Sun Pharma, Zomato, Tata Steel and Nestle were the biggest gainers. UltraTech Cement, Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank, Tech Mahindra and State Bank of India were among the major laggards.
Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.
The Supreme Court granted regular bail to former TMC youth leader Kuntal Ghosh in a corruption case linked to the West Bengal primary school recruitment scam. Ghosh, who has been in custody for 19 months, will be released from jail after being granted bail in the money laundering case linked to the scam on November 20. The court said it was not likely that the trial would be completed in the foreseeable near future.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
Having set the pace with emphatic back-to-back victories, defending champions Royal Challengers Bengaluru will be eyeing a hat-trick of sorts against star-studded Mumbai Indians in the WPL match at home on Friday.
India players were sloppy on the field, giving away too many extra runs and also dropping some catches.
Richa Ghosh (54) equalled the world record for the fastest fifty in women's T20Is (18 balls) after Smriti Mandhana's (77) fireworks as India registered 217 for 4 in the series-deciding third and final match against the West Indies here on Thursday.
Why try to time the market when time in the market works better? History shows that patient investors who stay the course often walk away with the real rewards, says Ramalingam Kalirajan.
Renuka Singh and Richa Ghosh were left out, while Shreyanka Patil was ignored as India named an 18-member Indian women's cricket team for the limited overs tour of Bangladesh.
Jharkhand defeated Maharashtra 2-1 to bag the bronze medal.
Capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the National Capital Region (NCR) leading the pack with a 128 per cent rise in capital values compared to rental value growth of just 66 per cent, according to a report by property consulting firm Anarock.
'By extending the definition of 'personal' to include institutions and not just individuals, the State has equipped itself with a tool to block access to most kinds of information.'
From the Sensex pack, Zomato, IndusInd Bank, NTPC, Infosys, HCL Technologies, Titan, Power Grid, Hindustan Unilever, Tech Mahindra and ITC were among the gainers. On the other hand, Reliance Industries, Nestle India, Tata Motors, Adani Ports, Tata Steel, UltraTech Cement and Kotak Mahindra Bank were the laggards.
The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
Deepa Gahlot pick 10 films about women's bonding to watch on OTT.
The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.
India's private equity industry is evolving, with local funds securing substantial capital and achieving consistent returns. During a panel discussion at TiEcon Mumbai 2025, industry leaders emphasised growing opportunities in scaling buyouts and expanding domestic investor participation.
The upcoming Indian Premier League (IPL) match between Chennai Super Kings (CSK) and Delhi Capitals (DC) in Chennai promises a captivating battle between wrist spinners Kuldeep Yadav and Noor Ahmad. Both bowlers are known for their artistry and ability to control the middle overs.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
'I could not imagine such a nightmarish situation awaiting me in a neighbouring country where people speak the same language as us and share similar food habits'
The contest will be played at the Golf Club Ground in Nasik.
West Bengal Chief Minister Mamata Banerjee, on an official visit to the United Kingdom, took a refreshing jog in London's Hyde Park, wearing a white saree and her signature white slippers. Banerjee also attended a high tea reception at India House, hosted by Vikram K Doraiswami, the High Commissioner of India to the United Kingdom, bringing together business, cultural, and political leaders to strengthen ties between Bengal and Britain. The discussions centered around fostering economic partnerships and deepening people-to-people connections.
Chennai Super Kings might feel more 'at home' against an equally clueless Rajasthan Royals on a slow turner expected to be on offer in their next IPL game in Guwahati.
Richa Ghosh's exploits during the side's run to the semis of the Women's T20 World Cup in South Africa earned her a place
India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.
Purchase health insurance early while you are disease-free. 'It might become very difficult to get a comprehensive health cover for someone who has already had cancer.'
Union Home Minister Amit Shah informed the Lok Sabha that the situation in Manipur is largely under control, with no deaths reported in the last four months. However, he acknowledged that the situation cannot be considered satisfactory as displaced people are still living in relief camps. Shah attributed the violence to a high court decision regarding a reservation-related dispute, emphasizing that it was not terrorism-related but ethnic violence between two communities. He highlighted government efforts to establish peace, including discussions with both the Meitei and Kuki communities and a rehabilitation package for the displaced. While the opposition supported the resolution confirming the imposition of President's rule, they urged for a swift return to peace and normalcy in the state.
Pronouncing sole accused Sanjay Roy guilty of rape and murder of an on-duty doctor at state-run RG Kar hospital, Sealdah court judge Anirban Das on Saturday said the convict had attacked the postgraduate trainee while she was asleep in the hospital's seminar room around 4 am on August 9, 2024.
Railways Minister Ashwini Vaishnaw on Monday said a fair enquiry is being conducted regarding the stampede which took place at New Delhi railway station last month and said the government is implementing a slew of measures to avoid such incidents in the future.
In the second semi-final, India player Ayhika Mukherjee began the proceedings on a positive note for Bengal, winning her match 3-1 (11-6, 11-5, 6-11, 11-6) against Lakshita Narang.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.
Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
Royal Challengers Bangalor will attempt to break a 17-year jinx at the Chepauk stadium when they face Chennai Super Kings in the IPL match on Friday.
Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.
Chennai Super Kings will lean on their formidable spin strength under favourable conditions at the Chepauk as well as recent record against Mumbai Indians sans Jasprit Bumrah and Hardik Pandya, when the two sides face each other in their Indian Premier League campaign opener in Chennai on Sunday.
'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'
Ahead of India's T20 World Cup semifinal match against Australia, star batter Richa Ghosh opened up on the challenges they will face.
India have won three Paris quota places till now through Rudrankksh Patil (10m Air Rifle Men), Swapnil Kusale (50m Rifle 3 Positions Men) and Bhowneesh Mendiratta (Trap Men).
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