Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.
In a nail-biting finish, Conservative candidate Don Stewart won the Liberal stronghold of Toronto-St. Paul's by defeating Liberal Party's Leslie Church by 590 votes.
... resulting in a Rs 2 trillion economic spinoff.
'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'
The wolf had terrorised residents in over 35 villages and with its capture, the local population has breathed a sigh of relief, a statement issued in Bahraich said.
Sunak, 44, was facing the impossible challenge of overcoming voter anger against the incumbent Tories after 14 years in power. The 61-year-old Keir Starmer-led Labour Party, meanwhile, maintained a strong lead over the Tories throughout the six-week campaign.
A new kind of history has been created in Maharashtra. Accept it. We need to give credit where it's due. Modi led this change... from the setback of June 4 to November 23, notes Sheela Bhatt.
The Madhya Pradesh forest department has refused to provide information under the Right to Information Act on management of cheetahs brought from Africa and their cubs born in India.
Trump supporters were delighted and delirious; Harris supporters dejected and despondent.
'I have heard your anger, disappointment and I take responsibility for this loss,' Rishi Sunak said in his brief speech at 10, Downing Street.
Reliance on technical intelligence has not been fruitful as terrorists use online activity to mislead authorities. Officials feel that there is an urgent need for heightened surveillance to counter foreign terrorists, especially in the Jammu region.
A special court in Bengaluru has sentenced Congress MLA Sateesh Krishna Sail to seven years imprisonment and imposed hefty fines for theft and illegal export of seized iron ore from Belekeri port during 2009-10.
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.
China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.
The Labour Party in the UK secured 412 seats in the 650-member House of Commons in the general elections.
Some British Hindus have taken to social media to voice their objections over a lack of proper consultation ahead of a Diwali reception hosted by Prime Minister Keir Stramer at 10 Downing Street in London, where reportedly non-vegetarian snacks and alcohol were included on the menu.
Former Indian women's hockey team captain Rani Rampal announced her retirement on Thursday, ending a glittering 16-year career.
India's assistant coach also Ryan ten Doeschate also lauded Starc for his excellent display with the pink ball.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Over 100 writers, translators, and publishers have signed an open letter accusing the "JCB Prize for Literature" of hypocrisy, highlighting the British bulldozer manufacturer's role in demolitions across India and Palestine. They argue that the JCB's involvement in these projects contradicts its purported support for marginalized and diverse writers. The letter was released ahead of the announcement of the JCB Prize for Literature winners on November 23.
Tesla owner billionaire Elon Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.
There's an average aggregator premium of Rs 46 per dish (in hidden costs) compared to delivery orders placed on restaurants' own channels. Conservatively, this translates into an additional annual financial burden of at least Rs 12,000 for the average Indian household in major metro/Tier-I cities.
'Each one of us have to save our planet, our environment,' she said in an Instagram post.
According to intelligence reports, the terrorists entered the Akhnoor region through the Battal area, and a wireless set seized from them confirmed their association with the JeM.
Prime Minister Keir Starmer's office on Friday apologised for a 'mistake' in the organisation of its Diwali reception at 10 Downing Street after some British Hindus objected to non-vegetarian food and alcohol being served at the gathering.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
India face competition from Saudi Arabia, Qatar and Turkey, who are positioning themselves as strong contenders to host the 2036 Olympics.
The wolves had been behind several attacks on villagers in Bahraich. The Uttar Pradesh Forest Department is taking the wolf to a rescue shelter.
Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Modi urged them to join hands to build check dams and embankments along rivers and streams, clean up ponds for storage of dam water.
Images that should keep you grinning for days on end.
Waack Girls, that captures the moods of Kolkata, follows an oft-used template. So there's not much novelty to look for in the plot, but the actors are excellent, applauds Deepa Gahlot.
The revised budget for 2024-25 shows a sharp rise in the allocations, particularly for major irrigation projects and the Namami Gange Mission-II.
One of the reasons why bowlers are rarely considered captains is because they are more susceptible to injuries than batters, argues Vishal Menon.
Indian Olympic Association president PT Usha feels the axing of medal-yielding sports such as wrestling, hockey and badminton from the 2026 Glasgow Commonwealth Games programme is "disappointing" for the country but the approach to reduce cost would ensure that the event continues to find hosts in future.
'He is the only president, the only American politician, who had the guts to stand with Hindus.'
Sir Keir Starmer, leader of Britain's Labour party, will be Britain's next prime minister.
Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. Since Dhanteras -- the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils -- is celebrated on two days till 1.11 pm on Wednesday, jewellers are expecting more footfalls in both online and offline stores.
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