'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
The Ladakh Marathon, known for its extreme high-altitude route and dramatic landscape, has become a significant attraction for distance runners worldwide. Despite not actively seeking sponsors, the event has garnered strong corporate backing due to its unique vision and the allure of Ladakh. Organisers prioritise runner safety and experience, acknowledging the psychological and physical challenges of racing at such elevations, where oxygen levels are significantly lower.
The Nomad Games, a biannual tournament of traditional nomadic sports, has drawn over 3,000 athletes from more than 100 countries to Kyrgyzstan, including many from Western nations keen to experience ancient Central Asian traditions like horseback archery and Kok Boru.
The Indian men's and women's chess teams delivered strong performances at the Chess Olympiad in Samarkand, with the men's team defeating Spain 3-1 and the women's team securing an identical 3-1 victory over Mongolia. World champion D Gukesh led the men's success with a clean win against Alexei Shirov, while Arjun Erigaisi also contributed significantly. In the women's section, B Savitha Shri and Divya Deshmukh were instrumental in their team's win.
The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.
The Aichi-Nagoya Asian Games are grappling with significant accommodation issues, including male and female athletes being allocated shared rooms and long waiting times for credential activation, forcing even the host Japan team to seek alternative arrangements.
Suchika Tariyal secured India's first-ever medal in mixed martial arts at the Asian Games, winning a bronze in the women's traditional 60kg event. Despite a fiercely contested bout that ended in a draw, she lost the semifinal to Singapore's Hui Hoon Teo due to a lesser weight rule. Tariyal expressed disappointment with the decision but was proud of her historic achievement for the country.
Mahindra has launched the Thar OG, an upgraded version of its popular SUV, built on a new M Glyde 4G platform with advanced features like Frequency Dependent Damping and Electric Power Steering, while retaining an accessible starting price of 10.32 Lakh.
The BCCI has summoned Gautam Gambhir, Ajit Agarkar and V V S Laxman to Mumbai on Thursday to review India's disappointing performances in Ireland and England.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
The case pertains to a tender awarded to Ms Euroteck Environmental Private Limited when Jain was the Delhi water minister.
Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.
Former Pakistan captain Muhammad Rizwan has contacted the ICC's Anti-Corruption Unit for clarification on procedures related to corruption investigations, as he faces questioning by Pakistan's National Cyber Crime Investigation Agency (NCCIA) over alleged links to illegal betting and gambling sites. This development follows the confiscation and forensic examination of his mobile phone, alongside Imam-ul-Haq's, during a recent tour, highlighting concerns about the PCB's compliance with ICC anti-corruption protocols and Pakistan cricket's history with such scandals.
'It is not about a place with fewer incidents of violence but a city where women have real agency in planning their daily lives.'
The flag-hoisting ceremony for the Asian Games, involving India and five other contingents, was significantly delayed due to "miscommunication" between the Olympic Council of Asia (OCA) and the local organising committee (ANAGOC). The disruption, which lasted over an hour, initially caused confusion and speculation about political issues, but organisers later clarified it was a communication breakdown, adding to existing organisational challenges for the event.
'Everyone is talking about the Pakistan team, and how it is the worst touring team in the last 50 years. But nobody is speaking about how the current board is the worst in the last 70 years.'
The white-ball cricket series between India and Bangladesh is now expected to be rescheduled for January next year, as discussions between the BCCI and the Indian government continue, with the Bangladesh Cricket Board seeking an early 2025 window.
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
Ganges Grandmasters, led by Ian Nepomniachtchi, defeated defending champions Alpine APL Pipers to win their first Global Chess League title. Nepomniachtchi's crucial win against Magnus Carlsen in the final, coupled with Stavroula Tsolakidou's performance, sealed the victory. FYERS American Gambits secured third place in the tournament.
'Manoj Bajpayee is my enabler. Till Taandav nobody knew me, and for 10 years I was trying to make films. Manoj enters my life and suddenly, one after the other, I start getting opportunities.'
Babar Azam said Pakistan's sweeping squad changes came as a surprise, defended the team's selection decisions, urged a fearless approach at Edgbaston, while the PCB launched disciplinary inquiry.
The BCCI is committed to improving player preparation for major series in South Africa, England, New Zealand, and Australia (SENA countries) by ensuring adequate rest, acclimatisation, and practice matches, according to secretary Devajit Saikia.
'The FFI jury said Gondhal is the best film in terms of overall quality -- the sound, background music and cinematography.' 'In every aspect, I don't think this film can be compared to other Indian films. This may sound like overconfidence, but we know what we have done.'
SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.
The International Cricket Council (ICC) has withdrawn Sri Lanka's hosting rights for the inaugural Women's Champions Trophy in 2027, citing government interference in Sri Lanka Cricket's administration. This decision, stemming from the presence of a government-appointed Transformation Committee, could also jeopardise the Sri Lankan women's team's participation and will have financial implications for the board.
Abhishek Sharma smashed a record-breaking 30-ball century, the fastest by a full member in T20Is, leading India to a massive 127-run victory over Afghanistan. Sharma's explosive innings and his comments on India's batting philosophy highlight the team's focus on dominance ahead of the T20 World Cup, despite recent setbacks. Captains Shreyas Iyer and Ibrahim Zadran also shared their perspectives on the match and team development.
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, clarifies doubts and guides young aspirants on eligibility for science, and engineering entrance exams.
Pakistan Test captain Babar Azam is set to play domestic first-class cricket for OGDCL in the President's Trophy to address his prolonged dip in Test form. Azam has struggled to score centuries since December 2022 and has faced criticism for his inability to convert starts, prompting him to seek PCB's help to participate in the longer format domestically.
The Indian hockey teams will return to their traditional blue jerseys for the upcoming Asian Games, reversing a controversial decision to switch to a saffron-coloured kit. The previous change had led to widespread criticism, internal discord within Hockey India, and even political debate, despite claims of visibility issues on blue turf.
Hockey India President Dilip Tirkey has served a legal notice to Director General Cdr RK Srivastava, immediately stripping him of all powers. The move comes amidst an internal rift, with Tirkey citing the need to maintain discipline, accountability, and smooth functioning within the organisation. Srivastava has been directed to hand over all operational charge and official documents.
Former Australia batter Usman Khawaja has criticised the Pakistan Cricket Board's director of high performance, Aaqib Javed, over his comments regarding the team's major shake-up during the Test series against England.
Former chief selector Ajit Agarkar's departure from the BCCI was primarily driven by disagreements over Rohit Sharma's future in white-ball cricket and policy differences with Centre of Excellence head VVS Laxman, culminating in his absence from a crucial review meeting.
A Waqf Board Inspector in Nalgonda district, Telangana, was arrested by the Anti-Corruption Bureau (ACB) for allegedly demanding and accepting a bribe of Rs 10,000 to submit a factual report regarding property registration.
Indian cricketers were surprised with AI-generated 1980s avatars of themselves during a photo session before the Afghanistan T20I series, leading to humorous reactions from players like Vaibhav Sooryavanshi, Axar Patel, and Ishan Kishan.
Bangladesh Cricket Board President Tamim Iqbal remains optimistic about a white-ball series against India, despite the originally planned September window being missed. He confirmed that both boards are actively seeking a suitable time, highlighting positive intentions from both sides. Iqbal also reflected on past tensions, including Bangladesh's withdrawal from the 2025 ODI World Cup, acknowledging that negotiations could have been handled better.
Indian hockey teams will return to their traditional blue jerseys for the Asian Games after a controversial shift to saffron kits sparked widespread criticism and internal discord within Hockey India. The decision to revert to blue was confirmed by HI president Dilip Tirkey, who had previously questioned the saffron kit's adoption without proper approval.
India is grappling with significant selection dilemmas ahead of their opening T20I match against Afghanistan, particularly concerning the choice between Sanju Samson and young Vaibhav Sooryavanshi, and the potential impact of Ishan Kishan's injury scare. The series also serves as crucial preparation for the Asian Games, with India needing to finalise their bowling attack against a strong Afghan side.
The Supreme Court has refused to quash proceedings under the Prevention of Corruption Act against former NSE MD and CEO Chitra Ramkrishna, stating that the trial court will determine whether she can be considered a 'public servant' under the Act.
Afghanistan head coach Richard Pybus has identified key areas for improvement in the team's white-ball game following their T20I series loss to India. He stressed the need for better quality pitches at home to develop players and called for a significant increase in the team's strike rate and a reduction in dot balls, especially during the Powerplay.
