India's bank credit remains resilient and is showing no signs of systematic risk, Reserve Bank of India (RBI) Deputy Governor Michael Patra said on Monday. A copy of the speech was uploaded on the RBI website on Thursday. "Bank credit is monitored as a lead indicator of overheating. Our assessment, based on a menu of approaches, indicates that current rates of credit expansion are not pointing to systemic stress building up. Illustratively, the credit gap - the difference between the credit to GDP ratio and its trend - is currently negative," said Patra, while delivering a speech in Cambodia.
All-rounder Dottin, who is currently in India with the West Indies team for the white-ball series, was the costliest among overseas players and was bought by the Giants for the second time in the auction.
A quick look at the winners of the 82nd Annual Golden Globe awards.
India decided against playing a match against an Australian domestic side in the run up to the five-match Test series, starting in Perth from November 22
Kane Williamson is a doubt for the Test series against India due to a groin injury sustained in the second Test against Sri Lanka.
Legendary Andre Agassi said Carlos Alcaraz combines the best qualities of Novak Djokovic, Roger Federer and Rafael Nadal but cautioned the tennis world against expecting the Spaniard to repeat the incredible feats of the 'Fab Three.'
The outings of Abhimanyu Easwaran, Nitish Kumar Reddy and Prasidh Krishna will be the primary focal points of India A's four-day match against their Australian counterparts
Michael Vaughan says he "won't be surprised" if retired pacer Jimmy Anderson ends up at Chennai Super Kings
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
The Australian media summed up their team's 295-run hammering by India in the opening Test with strong headlines such as 'Perth-etic Humiliation' and 'Monster Loss', former players called for some tough decisions, including sacking Marnus Labuschagne.
His lawyer informed the court that he was in a rehabilitation facility as the matter was adjourned for a week.
The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. Das, a career bureaucrat who in 2016 oversaw Prime Minister Narendra Modi's highly disruptive demonetisation move, left a lasting legacy as he demitted office towards the end of 2024 after expertly navigating monetary policy for six years, the highlight of which was steering India's recovery through the pandemic.
'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'
The 55th International Film Festival of India kicked off in India's party venue, Goa, and the stars added to the dazzle.
The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper by senior RBI staffers said on Monday. "Policy rate increases have anchored inflation expectations and modulated aggregate demand, generating disinflationary responses," the paper by Deputy Governor Michael Patra, Indranil Bhattacharyya, Joice John and Avnish Kumar, said.
He steered the team away from trouble and kept grinding. His innings of 80 consisted of 6 fours and 2 maximums.
Australia's selectors decided against sending any out-of-form batters Steve Smith and Marnus Labuschagne to play for the Prime Minister's XI against India.
If you're a fan of the Transformer films already, you will be delighted with a hearty dose of nostalgia here but... Mayur Sanap adds a caveat.
Konstas, Marcus Harris and Cameron Bancroft among others are looking to get into the Australian XI as Khawaja's opening partner in the series against India.
Barcelona captain Raphinha scored twice as they returned to winning ways in LaLiga for the first time in a month with a 5-1 victory at Mallorca on Tuesday.
Michael Clarke expressed that if star India batters Rohit Sharma and Virat Kohli fail to perform during the upcoming Border-Gavaskar Trophy, they could retire
Goa assembly speaker Ramesh Tawadkar on Friday dismissed the disqualification petition filed by the Congress against eight of its MLAs who defected to the ruling Bharatiya Janata Party in 2022.
The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.
Sukanya Verma gives us some interesting options.
The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.
IMAGES from the UEFA Champions League matches played on Tuesday.
Michael Hussey backed star India batters Rohit Sharma and Virat Kohli and said that one cannot write off champion players like them.
'The war ended in 2009 and I believe the new generation of Tamils don't know what was going on there.' 'I felt it was my duty to tell our story.' 'Since 2009, it seems like we are sleeping.'
Among the many performances at the IIFA awards, Rekha's was certainly among the highlights.
While the IPL 2025 mega auction is expected to reward several young talents with huge pay cheques, a few seasoned stars could also steal the show.
Uthappa also spoke on India's four-match T20I series against South Africa saying the contest would help Sanju Samson consolidate his position in the team after his splendid show against Bangladesh.
The stars Rediff.com Contributing Photographer Pradeep Bandekar sighted on Tuesday.
Waltz after being elected as the Co-Chair of India Caucus in January last year had said that India is the world's largest democracy and an important strategic partner for the United States.
France qualified for the quarter-finals of the Nations League despite a lacklustre goalless draw against Israel on Thursday.
Selectors will likely opt for another batter to cover for all-rounder Green in the India series and possibly an opener if Steve Smith is restored to the number four spot.
The best way to start your week? Take a look at these cutest pictures of star kids on social media.
Dinesh Karthik called Ashwin one of the greatest all-rounders from India, expressing his happiness for the player's achievement.
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties. Economists told Business Standard that unless domestic growth slows markedly, the outlook on rate cut remains unclear. India's headline inflation touched a 14-month high of 6.2 per cent in October, breaching the MPC's upper tolerance band of 6 per cent.
New Zealand on Monday named a strong squad, which includes five spin bowling options
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