This is following revival of demand from the corporate sector and small and medium enterprises (SMEs), even as a nascent economic recovery is taking shape. Credit growth of scheduled commercial banks had accelerated to 9.2 per cent year-on-year (YoY) by the end of December 2021 after breaching the 7 per cent-mark in November, for the first time since April 2020.
Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.
Equity flows turning positive could give fund managers firepower to invest in the markets. This could come in handy as flows from foreign investors have tapered off amid rising bond yields in the US.
'It was India's good fortune to have a Vajpayee lead the government at this crucial moment in history.' 'By taking the N-decision he saved future generations of Indians from being 'Kosovoed' or 'Iraqed',' says Colonel Anil A Athale (retd).
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
FY22 will be the year to rebuild with the IMF projecting output growth at 11.5 per cent, economic survey at 11.0 per cent and the RBI's Monetary Policy Committee at 10.5 per cent.
It is imperative that we deconstruct the current narrative and rewrite the storyline. To this end we need to alter the basic premise of the controversy, eliminate the obstructionists, home in on the true stakeholders and redefine the rules of engagement, says Vivek Gumaste.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In a short while, the Indian trainer developed a special bond with the players.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
India builds up record FX after Fed hints rate hike in future.
As India gears up to honour its pravasis on January 9 to mark their contribution in the nation's development, rediff.com presents perspectives from eminent writers on the Diaspora. Kicking off the series is Ambassador T P Sreenivasan, who points out that the change of the Diaspora policy put in place by Rajiv Gandhi following the military coup in Fiji and his decision to stand by them, was the one defining moment in India's dealings with its overseas family.
The ballooning of crude prices has significantly increased the country's oil import bill and it can also lead to a worsening of the current account deficit and fiscal deficit for the domestic economy.
India and Japan have a shared interest in countervailing China's hegemonic ambitions in Asia. Although neither has an interest in forming an overt anti-China alliance, Tokyo and New Delhi feel increasingly obligated to work together to find ways to guard against a muscular Beijing's power sliding into arrogance, says Brahma Chellaney.
Bengaluru FC captain Sunil Chhetri feels that his club making it to the summit clash of the AFC Cup heralds a beginning in the revival of Indian football. Bengaluru take on Iraq's Al Quwa Al Jawiya in Saturday's final at the Qatar SC Stadium in Doha. "Bengaluru reaching the AFC Cup final in the host country of the 2022 World Cup, and hopefully winning it, has signaled the beginning of the revival of Indian football as an Asian power," said Chhetri who is also the India captain.
The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.
If the chemistry between Modi and Xi Jinping goes well, it will herald a new future not just for the region but for the world, says Tarun Vijay.
The Sikhs love a good fight, and that's what the Modi government has given them.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
'That Modi and the BJP can continue to treat the rising and expanding middle class this way shows that they have gamed its mind quite perfectly,' argues Shekhar Gupta.
The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
'Whether or not Chandrashekhar Azad succeeds or fails electorally, he has already made democratic politics more accountable to Dalits.'
'What matters is that India's perspective on global issues -- climate change, intellectual property, free trade, trade routes being kept free, digital technology -- are listened to with respect,' says Ambassador B S Prakash.
Or does Priyanka Chopra's love for Assam go beyond that?
A rate cut could stimulate demand and help revive industrial activity, without much risk of sparking off inflation again.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Clarke has the chance to become the first Australian captain to win an Ashes series on foreign soil since Steve Waugh in 2001.
Prime Minister Narendra Modi on Thursday address Members of the British Parliament in London where he promised to open more doors of cooperation between the two countries and delved on issues like terrorism and United Nations reforms.
High net worth individuals (HNIs) are considered more investment-savvy than retail investors.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
If the people of Tamil Nadu stop deifying their leaders and start evaluating them more objectively, the political masters too may change their wayward behaviour, argues Sudhir Bisht.
In this industry, a company's strategy needs to be adaptable in order to keep up with the pace of change.
'For its part, Pakistan often gives safe haven to agents of chaos, violence, and terror.'
With the state going to polls soon, Akhilesh Yadav needs to step out of his father's shadow and come into his own as the state's CM.
Terrorism and Afghanistan were the focus points of Prime Minister Narendra Modi's talks with Uzbek President Islam Karimov on his first visit to Central Asia.
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes