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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…
KKR’s Ajinkya Rahane (PTI Photo) Former Chennai Super Kings batter S Badrinath has raised serious concerns about Kolkata Knight Riders ahead of IPL 2026, calling captain Ajinkya Rahane a ‘weak link’ in the setup.With less than 10 days remaining for KKR’s opening clash against Mumbai Indians, Badrinath questioned both the team’s leadership and their squad…
Twenty-three years ago, the United States marched into Iraq with certainty and spectacle. The opening salvos were sold as decisive, almost clinical: a display of overwhelming force that would neutralise a threat and reshape a region. Instead, what followed was a long, grinding unravelling. However, the war proved enormously costly. American military losses totalled roughly…
Emotional decision-making can cause first-time homebuyers to make decisions about houses that they may not be able to afford. This can lead to financial stress, defaulting on payments, or financial instability in the future. Financial experts recommend making a decision on a house that suits one’s income and future lifestyle requirements rather than personal desires….
NEW DELHI: Cancelling confirmed tickets of newly launched Vande Bharat Sleeper trains will be costlier for passengers, according to new norms notified by the Railways. While a 25% deduction will apply if a ticket booked in this premium train is cancelled anytime after purchasing, a 50% charge will be levied if cancellation is done between…
Bamboo has a way of selling itself. It looks neat in garden centres, promises quick privacy and grows faster than almost anything else people put in the ground. For many homeowners, it feels like an easy win. Plant it once, wait a few months, and enjoy a tall green screen. The problem is that not…
HYDERABAD: A promise of a Rs 2 crore lottery windfall, reinforced by the name of Mukesh Ambani and forged documents bearing the Prime Minister’s photograph, cost a 77-year-old Hyderabad woman nearly everything she had as cyber fraudsters siphoned off Rs 1.8 crore from her bank accounts over nine months.The Barkatpura resident approached Hyderabad cyber crime…
NEW DELHI: Seeking to ensure that prices of sin goods such as tobacco products and pan masala do not fall after withdrawal of GST compensation cess, finance minister Nirmala Sitharaman on Monday moved two bills that will empower govt to levy excise duty on tobacco and tobacco products, while imposing health and national security cess…
DEHRADUN: Nearly two dozen villages in Uttarakhand’s Chakrata region have collectively banned fast food, lavish gifts and high-cost customs at weddings to curb rising social pressure and restore traditional practices. The rules, agreed upon unanimously by village representatives in the Jaunsar Bawar area, aim to return wedding celebrations to their cultural roots and reduce financial…
Panaji : Offer a draw and watch out for the signal that you are giving to your opponent — in this case Arjun Erigaisi — at your own peril. Twice champion Levon Aronian learned this the hard way. His proposal to split a point after his 31st move (Ne3), instead of psyching out his opponent…
