Public sector banks (PSBs) have delivered significant outperformance over the past three years and the sector has been re-rated. Given the growth and profitability expectations of an 18 per cent return on equity (RoE) over FY24-26, there is still a case for buying at the current levels. While the net interest margins or NIMs may remain range-bound or have a downward bias, there's optimism about possibly better opex ratios and lower non-performing assets (NPAs), plus scope for further credit cost reduction, and healthy treasury performances as interest rates trend down.
A group of current and retired faculty members at the Indian Institute of Management-Bangalore (IIM-B) has asked leaders of corporate India to "de-fund" the spread of misinformation and hate speech through news channels and social media.
The postmortem report of the slain children has revealed that the assailant stabbed the elder brother 13 times and his sibling 11 times, officials said, adding injury marks have been found on the neck, chest and other parts of bodies of the two children.
The Centre has moved the Supreme Court to seek an interim order for the implementation of 4.5 per cent sub-quota for backward classes belonging to minorities in central educational institutions, a move that was quashed by the Andhra Pradesh high court.
'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
In India, the Indian-American diplomat will also meet with senior government officials to discuss the deepening US-India partnership, the state department said in a release on Friday.
'...It is important for you to take a stand.' 'It is a sin to remain silent when the basic structure of the Constitution is being attacked.'
Over 65 Union ministers are likely to take oath, going by the visual of the meeting Modi held with his likely council of ministers.
The Minister of state for home's comment came after the Arunachal Pradesh Congress Committee accused the Narendra Modi-led Bharatiya Janata Party government of trying to convert Arunachal Pradesh into a Hindu state.
Acting on a complaint, the Greater Noida police have registered a first information report (FIR) against unknown persons in an incident of a minor boy allegedly throwing a puppy from a high-rise on the road killing the young canine, officials said on Sunday.
The Supreme Court in its order said it was not open for SP group companies to call Ratan Tata a "shadow director" when the board of which Cyrus Mistry was chairman had nominated him as chairman emeritus of the USD 100 billion salt-to-software Tata group.
He, however, stressed that the incidents cannot be justified and pitched for tough action against the perpetrators.
Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.
The minor accused in the gang-rape case was identified on Wednesday by the photojournalist and her male colleague during an identification parade held at juvenile remand home in south Mumbai, police said.
Parkash, a 2022 graduate of Abbottabad International Medical College, serves as the general secretary of the PPP women's wing in Buner.
Markets regulator Sebi on Tuesday proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods for promoters' and other shareholders post an IPO. In a consultation paper, the watchdog has also suggested streamlining the disclosures requirement of group companies. The Securities and Exchange Board of India (Sebi) has sough comments from public on the proposals till June 10.
A court in New Delhi on Tuesday sent Bharat Rashtra Samiti leader K Kavitha to judicial custody till April 9 on a plea made by the Enforcement Directorate that the 'highly influential' arrestee, if released, was likely to influence witnesses and tamper with evidence.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
Jim Ratcliffe pledged to invest $300 million in Manchester United to try to revive its fortunes.
In the video, which was allegedly shot and circulated by one of the accused, the Dalit boy can be seen sobbing and pleading for mercy.
RSS office bearer Ravi Mishra alleged that the accused pelted stones at the office workers and fired at them, during which three RSS workers sustained minor injuries, the police said.
A senior police official said a man was arrested on Tuesday for allegedly sexually assaulting her.
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
Members from the Jayant Chaudhary's Rashtriya Lok Dal too were part of the group, their participation seen as another indication that the party is all set to switch sides from the SP to the ruling Bharatiya Janata Party ahead of the Lok Sabha elections.
The court said boys and girls get attracted to each other owing to early puberty, which is ultimately "resulting in consensual physical relationships", read the order.
Tata Communications has seen analyst upgrades after reporting Q3FY24 results. The biggest factor is the visible signs of a turnaround in its new acquisition, Kaleyra. The consolidated revenue grew 16 per cent Q-o-Q to Rs 5,630 crore led by 15 per cent Q-o-Q improvement in the data segment.
Bayer Leverkusen crushed hosts VfL Bochum 5-0 to stretch their remarkable unbeaten run across all competitions this season to 50 consecutive matches.
The assault allegedly took place over playing Hanuman chalisa, a Hindu devotional hymn in praise of lord Hanuman, at a shop in central Bengaluru area.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
There was heavy police presence in Sao Jose De Areal village near Margao town on Sunday after some people installed a statue of the Maratha king, while another group took objection.
Major Indian businesses and temples issued a joint statement opposing the proposed California Caste Bill SB 403.
The infighting between the two promoters of Hikal-Baba Kalyani and sister Sugandha Hiremath-has put the company's growth at stake, InGovern has said in a note. The corporate governance firm has called for a change in the management and an overhaul of its board to protect the interest of minority shareholders, who own almost a third of the specialty chemicals company. The Kalyani and Hiremath families are mired in a legal dispute, with the latter seeking transfer of ownership of shares held by the Kalyani group, citing nearly three-decade old family arrangement.
Cancer has no race, so why do new innovative cancer drugs discriminate based on race and ethnic groups, asks Digonto Chatterjee.
'Let every person remember that the 'holy book' is the Constitution, and it is with this book in hand that the citizens of India march together as a nation, so that they may move forward in all spheres of human endeavour to achieve the great goals set out by this 'Magna Carta' or Great Charter of India'
According to reports, the UK Foreign, Commonwealth and Development Office has invited Chinese President Xi Jinping as Head of State of a country with which the UK has diplomatic relations.
Scores of churches and homes belonging to Christians in Jaranwala tehsil of Faisalabad district, some 130 km from the provincial capital, were burnt down on Wednesday by a mob enraged over reports that two Christians had desecrated the Quran.
'There is ample evidence to suggest that attacks on the PM's probity and his connections with business houses do not resonate with voters.'
The stones shattered the window glass of the meat shop. Mohammad Javed, who runs the shop on rent, suffered minor injuries in the attack, they said.
Jeetega Bharat has selected 125 Lok Sabha seats across the country where it will assist the Opposition alliance.
Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.
