MUMBAI: With credit growth at 14.5% outpacing deposit growth at 11.9% as of Feb 28, banks have stepped up reliance on certificates of deposit, with their share rising to 2.6% of total deposits, the highest in a decade, reflecting a widening structural gap between asset creation and liability mobilisation.The Indian banking system is navigating a…
The black-and-yellow side has unveiled its new sporting director, who replaces Sebastian Kehl. All the rumors have now been confirmed and, following Sebastian Kehl’s departure as sporting director, it is now Ole Book’s turn. The club has confirmed the arrival of its new sporting director, who is already getting to work on the team’s structure….
NEW DELHI: After extensive consultation, govt has decided to retain the retail inflation target for the monetary policy committee at 4%. For the next five years, the tolerance band of 2-6% has also been retained, according to a notification issued by the finance ministry on Wednesday.The targets have been in place for 10 years now…
NEW DELHI: India has tightened its digital security framework, mandating stricter compliance for telecom equipment, CCTV systems and data protection, amid heightened concerns over vulnerabilities in surveillance infrastructure and emerging espionage risks flagged by recent investigations.The move comes against the backdrop of long-standing concerns over the widespread use of imported CCTV equipment -particularly from Chinese…
According to sources cited by the Iranian news agency Fars, Iran will not accept a ceasefire or enter into such a process with a party that has violated its agreements. In the initial reaction to the comment, Nasdaq 100 (US100) futures pulled back. Iran stated that under current conditions negotiations are not beneficial, but also…
BENGALURU: Infosys has strengthened its healthcare and insurance capabilities with a twin acquisition push, committing up to $560 million to expand its footprint in the US market.The company has signed a definitive agreement to acquire Optimum Healthcare IT for up to $465 million-one of its largest acquisitions in recent years-as it deepens its presence in…
Kolhapur: Opposition politicians in Maharashtra have sharply criticised the National Council of Educational Research and Training (NCERT) for allegedly dropping the ‘Maratha Empire’ map from the Std VIII social science textbook, Exploring Society: India and Beyond — Part I, scheduled for use in the 2026-27 academic year.NCERT develops, publishes and revises textbooks for Stds I-XII,…
The first teaser for the upcoming ‘Harry Potter and the Philosopher’s Stone’ has reignited controversy, with fans trolling the trailer over the casting of Paapa Essiedu as Professor Severus Snape.The backlash follows the reveal of Essiedu’s first look as the Potions Professor, a character previously portrayed by late actor Alan Rickman in the film series….
