'While the current pause offers temporary reprieve and alleviates any immediate legal pressure, the long-term implications remain uncertain.'
Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.
Prime Minister Narendra Modi advocated for a global framework for artificial intelligence (AI) based on open source, emphasizing the need for trust, transparency, and the elimination of biases. Co-chairing the AI Action Summit with French President Emmanuel Macron, Modi highlighted the transformative potential of AI across various domains, including politics, economics, security, and society. He stressed the importance of democratizing technology, addressing concerns about cyber security and disinformation, and developing quality data sets free from biases. Modi also acknowledged the need for open-source AI ecosystems to foster trust and transparency, while emphasizing the importance of localized technology for effectiveness and usefulness. Recognizing the potential of AI to improve health, education, and agriculture, Modi proposed pooling resources and talent to leverage the technology for sustainable development goals. Addressing concerns about job displacement, he emphasized that while the nature of work may evolve, technology creates new opportunities. Modi highlighted India's leadership in AI adoption and data privacy solutions, emphasizing the nation's readiness to share its expertise and contribute to an AI future that benefits all.
Dr Ashish Mishra, consultant interventional cardiologist, Wockhardt Hospitals, explains how smoking and alcohol can impair your heart health and lead to cardiac arrest.
Treatment for arthritis is mainly focused on symptom management and slowing the progression of the disease, says Dr Vishal Shinde.
'The Budget must be pro-growth, focusing on infrastructure creation while also managing the fiscal deficit.'
The secret to building Rs 5 crore corpus lies in one simple decision. But the longer you wait, the more it costs you -- not just in money but in missed opportunities, says Ramalingam Kalirajan
Aditya Mhatre shares some practical and actionable tips to save money and focus on what matters most when you are studying abroad
Microaggressions may be subtle but their impact is deep. If ignored, they can lower morale, stifle diversity and hold people back, says Shruti Swaroop.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
'It was about being part of something so much bigger than myself, witnessing millions coming together in faith, in the hope of something greater,' notes Nidhi Patel.
"There is a limit when it comes to tolerating abusive behaviour or working styles. Many (employees) find ways to quit," says career coach and rediffGURU Pradeep Pramanik.
With modifications across all three papers -- Paper 1 (for BE/BTech), Paper 2A (for B.Arch), and Paper 2B (for BPlanning) -- students must plan their preparation intelligently to achieve a high percentile.
'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'
Opposition parties in India have demanded the resignation of Railway Minister Ashwini Vaishnaw after a stampede at New Delhi railway station killed 18 people. They blamed the government for "gross mismanagement" and accused them of "covering up" the death toll. The stampede occurred on Saturday night as passengers rushed to board trains for the Maha Kumbh festival in Prayagraj. The Congress, the Left, Trinamool Congress, and the Rashtriya Janata Dal have all criticized the government's handling of the situation, while BJP leaders have defended the government. The incident has highlighted the failure of the Railways and the government to make adequate arrangements for the large number of devotees travelling to Prayagraj.
Both Gukesh and Liren shared their thoughts on the ongoing contest, highlighting the challenges and nuances of competing at the highest level while maintaining a touch of humour during the press conference.
rediffGURU Shreya Shah answers diet and nutrition-related questions. Ask away!
Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.
Eyeing a third straight Olympic appearance in 2028 (if the sport is included in the roster) Tokyo Games bronze medallist Lovlina said she will take it one step at a time from here on.
The ministry has identified three Centre-run hospitals -- Ram Manohar Lohia Hospital, Safdarjung and Lady Hardinge -- as nodal centres in the national capital for isolation, management and treatment of any patient with mpox.
rediffGURU Shreya Shah offers expert advice on how you can improve your diet and lifestyle to fight illnesses and lead a healthy, wholesome life.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Don't be afraid to prioritise your sexual well-being and nurture a positive relationship with sex, suggests Maitri Trivedi.
'No matter how much you get paid or how successful you get, nothing can match the fauj.'
Alternative investment funds (AIFs) - investment vehicles favoured by the affluent - have topped $50 billion (Rs 4.3 trillion) in total investments for the first time during the April-June quarter, according to the latest data from the Securities and Exchange Board of India. The industry's commitments have approached Rs 12 trillion ($140 billion), marking a 40 per cent increase over the past year. The amount raised and deployed stood at Rs 4.74 trillion ($56 billion) and Rs 4.32 trillion ($51 billion), respectively, the data shows.
Here's how to own your dream home without paying excessive interest on your EMIs.
Failure in examinations, the inability to get an expected score or admission to an educational institution of one's choice often precipitates distress in students and may increase the risk of suicide, warns Dr Rakesh K Chadda.
Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.
Stress is one of the leading causes of premature greying, warns Dr Monica Chahar.
When you watch TV or browse through your phone while in bed, you're teaching your brain that's how people should spend their nights, says Clinical Psychologist Mehezabin Dordi.
An official statement said Modi chaired a meeting where he was briefed about the likelihood of above-normal maximum temperatures over most parts of the country during April-June, with high probability of such conditions in central western peninsular India.
rediffGURU Niharikka Budhwani offers advice on how to correct lifestyle disorders with the right diet and nutrition.
'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'
You may have to bend some rules, extend favours and help each other beyond what is expected of your profile.
The key is to find ways to manage the stress of being in a sexless marriage, so that you can focus on building your relationship back up and moving forward, advises Sybil Shiddell, country manager-India for Gleeden, a discreet extra marital dating Web site.
'We have seen something do very well when the times are good but maybe not as well when the times are bad.'
Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.
Anna Sebastian Perayil, a Keralite who passed her CA exams in 2023, worked at EY Pune office for four months before she succumbed on July 21.
Blacks and Hispanics make up about 18 percent of Apple's workforce, a ratio that is about triple of those of most other tech firms.
'If I were Prithvi, I would quickly evaluate and conclude that fitness is a major missing piece in his game. Without it, his future in cricket is uncertain.'
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