The Reserve Bank of India has directed banks that suppliers and buyers credit, including letter of credit (LCs), extended for direct gold imports should not exceed 90 days.
Here are four ways to keep your credit score in the green
A first-half penalty earned Lille a shock 1-0 home victory over holders Real Madrid in the Champions League group phase on Wednesday.
Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.
Sunrisers Hyderabad will look to unleash their brute batting power on struggling Royal Challengers Bengaluru when the two teams face off in their return-leg fixture of the IPL in Hyderabad on Thursday.
The central government plans to increase the number of highly beneficial neem trees in the country from the existing one tree for every 50 Indians to one tree for every 10 Indians to meet the rising demand from different sectors for neem oil. Presently, India has 18-20 million neem trees in the country, of which 40-45 per cent are in Uttar Pradesh, followed by Maharashtra, Rajasthan, and Tamil Nadu, among others. To achieve the target, the number of neem trees has to rise to almost 140 million.
SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Yash Dayal had the haunting memory of Rinku Singh's five consecutive sixes last year when Mahendra Singh Dhoni lofted his full-toss over the Chinnaswamy stadium roof in Saturday's crucial IPL match in Bengaluru.
An encyclopedia to the best Durga Pujo eating.
Thanks for reminding me that I'm aging: Mohit Sharma
The RBI said there is an upward bias on inflation projection.
The legendary Kapil Dev heaped praise on India's current pace battery, saying the fast bowlers have changed the face of Indian cricket in the last four to five years.
Benefiting from higher credit off-take and loan repricing, listed commercial banks are expected to post 43.9 per cent year-on-year (YoY) growth in their net profit in the quarter ended June 30 (Q1FY24), analysts have said. Controlled credit costs due to a healthy asset quality profile and a steady treasury book will also support a strong bottom line for the lenders in the first quarter. However, net profit may shrink sequentially, according to analysts' estimates for 13 banks sourced from Bloomberg data.
SKY hit an assured knock of 80 as the hosts chased down 208 in Visakhapatnam
A lowdown on the strings attached to such credit card schemes and when you should and should not opt for them.
Asking banks to keep credit deployment in line with changes in structure of economy, Prime Minister Manmohan Singh on Saturday
World number one Iga Swiatek dominated ninth seed Maria Sakkari to win the Indian Wells final.
Dube got in thanks to more game time for Chennai Super Kings during the first 10 games of the league.
India agreed to give up the Poonch salient as well as Uri. To the north India also proposed to give up land in the Gurez sector giving the entire Neelam/Kinshanganga valley to Pakistan. In return India sought control of the post dominating Kargil town, points out Colonel Anil A Athale (retd).
CSK had some good news on the eve of the match with Sri Lankan pacer Matheesha Pathirana being declared fit from a hamstring injury.
Roads are being expanded, bridges are being built, hotels are springing up, and the crowds are pouring in. Bringing with them promise of unforeseen economic boom. Ayodhya, it seems, has opened up its heart, Saisuresh Sivaswamy/Rediff.com discovers on his first day in the city.
'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'
S&P Rating Services report said oil and gas companies would hold steady through 2007. However, there is a chance that the turmoil in the credit market may negatively affect ratings down the line.
A 10.5-kilometer-long stretch will be opened for traffic in the first phase, an official earlier said, adding that motorists can enter the coastal road from Worli Seaface, Haji Ali interchange and Amarson's interchange points, and exit at Marine Lines.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
Mohammed Siraj and KL Rahul react after World Cup heartbreak
The depiction of screechy jingoism within India-Pakistan dynamic is still a wet dream for Bollywood film-makers, observes Mayur Sanap.
IMAGES from Day 2 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Tuesday.
England star all-rounder Ben Stokes says losing a tight game like the fourth Twenty20 International against India on Thursday and going into a 'winners-take-all' contest will only prepare them better for the World Cup as they will get used to pressure situations.
Currently, customers outside the bank's existing client base account for 25 per cent of its card base.
India were without several frontline players and fielded five debutants in the series.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
Forget comic chops, you'll not find an ounce of camaraderie between Akshay Kumar and Tiger Shroff as they go about firing ammo and flexing abs at a zombie-like army for nearly three excruciating hours of this noisy drivel, observes Sukanya Verma.
'I promise you, you've never seen her do anything like this.' 'It is a complete reinvention of Janhvi Kapoor.'
Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase their volatility, according to analysts. The demerger plan, which would result in six separate listed entities, would require approval from shareholders, lenders and other statutory bodies. "We believe that a separate listing of different businesses would reduce the fungibility of cash flows across businesses and increase the volatility of cash flows.
Shakib Al Hasan is happy with the overall performance of his side in the six-wicket win over Afghanistan
A roadmap for the consolidation of public sector banks will be outlined during the year.
After securing a euro 150 million Credit line for solar energy finance from a German financial institution, State Bank of India is in talks with european Investment Bank for about euro 200 million to fund climate finance. Recently the country's largest lender obtained euro 150 million in green funding from German government-owned KFW on soft terms and a long repayment period. SBI will use funds to finance solar energy projects.
