The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Members of the Gurjar community unveiled statues of their late leader Kirori Singh Bainsla and two other martyrs at Kushalipura village in Rajasthan, despite objections from the administration citing restrictions in the Ranthambore Tiger Reserve area.
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
The Rajasthan High Court has banned night safaris and drone use in the Jawai Leopard Reserve to protect wildlife from disturbance due to unregulated tourism.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
A radio-collared tiger was allegedly poisoned to death near the Satpura Tiger Reserve in Madhya Pradesh, leading to the arrest of five individuals suspected of lacing the tiger's kill with poison after it preyed on their cattle; the suspects are also allegedly involved in illegal opium cultivation.
Indian ART GP driver Kush Maini secured his first F2 sprint race victory of the 2026 season at the Circuit de Catalunya in Barcelona. He led from the start, managed his tyres expertly, and finished with a significant lead, also clocking the fastest lap. Maini followed this with a P9 finish in the Feature race, adding crucial championship points.
Ideology is dead; long live the numbers game that is being played with the sole intention of securing a two-third majority in the Lok Sabha for the NDA, observes Nilanjan Mukhopadhyay.
The original Freak, launched in 2001, caused a genuine shock in watchmaking: No dial, no hands, no crown, with the entire movement rotating to tell the time.
Former India captain Krishnamachari Srikkanth believes teenage sensation Vaibhav Sooryavanshi can revive Test cricket if nurtured properly, urging patience and warning against excessive scrutiny of the young star.
The National Testing Agency (NTA) will conduct a nationwide mock drill on Saturday ahead of the NEET-UG re-examination the day after as part of its preparations to ensure the smooth, secure and transparent conduct of the test, official said on Friday.
The case for long-term investment in gold, however, remains intact.
Haryana Sports Minister Gaurav Gautam announced that the state has appointed 33 sportspersons to coaching positions within the last month. These new coaches are expected to play a crucial role in identifying and nurturing grassroots talent to prepare athletes for future international competitions, including the 2036 Olympics. The state also highlighted its sports policy, which includes job reservations for outstanding sportspersons.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.
Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.
Investors should do thorough due diligence when selecting a platform.
Maratha quota activist Manoj Jarange has ended his indefinite fast after talks with Maharashtra government representatives, who submitted a 12-point proposal to him.
A Goa forest department official has filed a police complaint against state minister Subhash Phal Desai, alleging he obstructed officials and facilitated the illegal transportation of soil from a protected forest area. The complaint details the excavation and uprooting of trees, while the minister claims the soil was for a sports ground.
The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.
A 48-year-old man was killed by a tiger in the buffer zone of the Tadoba-Andhari Tiger Reserve (TATR) in Chandrapur district, Maharashtra, while collecting firewood.
Indian stock market benchmarks, Sensex and Nifty, saw gains in early trading, driven by anticipation surrounding the Reserve Bank of India's monetary policy decision, despite mixed global cues and significant FII outflows.
A bold cuisine known for its flavours and robust spices, Memoni food comes from the Memon community with roots in Sindh and Kutch.
The CBI informed a Delhi court that Manisha Sanjay Waghmare, an accused in the NEET paper leak case, circulated question papers to students for money. The agency opposed her bail plea, stating students paid for leaked physics, chemistry, and biology papers. Waghmare's counsel argued against the allegations, citing no recovery of cash or incriminating evidence from her. The court reserved its order on her bail plea for June 9, amidst the ongoing investigation into the cancelled NEET exam.
'...A new challenge has emerged in the form of Mythos.'
Real Madrid confirmed that they have parted ways with head coach Alvaro Arbeloa after reaching a mutual agreement, the Spanish club said on Tuesday.
As the rupee weakens, wealthy families are accelerating investments in global assets.
Rebel Trinamool Congress MP Kakoli Ghosh Dastidar's son Baidyanath Ghosh Dastidar has sent a legal notice to former West Bengal chief minister Mamata Banerjee and several TMC leaders, including Mahua Moitra, Kalyan Banerjee, Sougata Roy and Sonali Guha, denying allegations that he had sought a party ticket from the Barasat Assembly Constituency.
The Supreme Court of India has questioned the continued provision of reservation benefits to children from economically and educationally advanced families within backward classes, highlighting concerns about social mobility and fairness.
The Shiv Sena-UBT is facing a significant internal crisis, with reports suggesting that 'six to seven' of its nine Lok Sabha MPs are preparing to form a separate group. MP Arvind Sawant has formally requested Lok Sabha Speaker Om Birla not to recognise any such breakaway faction, emphasising the primacy of the political party over its legislative wing.
US President Donald Trump has cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran, following a volatile 24-hour period of escalating cross-border hostilities.
The Reserve Bank of India (RBI) has kept its key lending rate, the repo rate, unchanged at 5.25 per cent for the second consecutive time, citing concerns over rising energy prices, supply disruptions from the West Asia crisis, and potential inflationary pressures.
Indian benchmark indices, Sensex and Nifty, closed almost flat in choppy trade as investors remained cautious due to ongoing uncertainty in West Asia, relentless foreign fund outflows, and anticipation of the RBI's monetary policy decision.
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Manipur Home Minister Govindas Konthoujam announced the deployment of two CoBRA battalions to improve law and order, following the discovery of six Naga civilians' bodies and the release of 14 Kuki individuals. Both the Home Minister and Chief Minister have pledged to bring perpetrators of violence to justice and urged public cooperation for peace.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
Haryana Chief Minister Nayab Singh Saini affirmed the government's commitment to fulfilling its promises to the Dhanak community by 2029, highlighting welfare measures and initiatives already undertaken.
India's forex reserves dropped by $11.683 billion to $716.810 billion during the week ended March 6, the RBI said on Friday.
