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Bank depositors’ role in funding credit growth on decline: RBI data

MUMBAI: India’s bank depositor remains the predominant source of credit to the commercial sector, but their relative contribution is steadily declining as credit growth outpaces deposit mobilisation, data for Dec 2025 show.As of Dec 2025, total outstanding credit to the commercial sector (bank and non-bank) rose to Rs 297.9 lakh crore, while bank deposits stood…

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Rupee’s decline continues: Currency closes at record low of 90.97 against US dollar; depreciates by 7 paise

Representative image (AI-generated) The Indian rupee weakened by 7 paise on Tuesday, closing at a record low of 90.97 against the US dollar. This comes as strong dollar demand from metal importers and continued foreign fund outflows weighed on investor sentiment.Forex traders said that the rising geopolitical uncertainties, including fresh US expansionary signals, have increased…

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Did Lionel Messi decline 1.4 billion euros? Al Ittihad chief reveals jaw-dropping Saudi offer to Argentine star | Football News

Lionel Messi’s move to Inter Miami may have reshaped football in the United States, but fresh revelations from Saudi Arabia have reopened one of the sport’s most astonishing “what if” stories. Al Ittihad president Anmar Al Haili has disclosed that the Argentine legend turned down a mind-boggling offer worth around 1.4 billion euros, choosing family…

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Forex fall: India’s reserve falls $9.81 billion to $686.80 billion; RBI data shows weekly decline

Foreign exchange reserves fell by $9.809 billion to $686.801 billion in the week ended January 2, data released by the Reserve Bank of India showed on Friday, PTI reported.The decline followed a rise of $3.293 billion in the previous reporting week, when the reserves had climbed to $696.61 billion.Foreign currency assets (FCA), the largest component…

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PIOs in UK see wealth soar, whilst Pakistanis see ‘notable decline’: LSE report

LONDON: Individuals from white British and Indian ethnic groups have seen substantial increases in median wealth in Britain since 2012, whilst the wealth of those of Pakistani ethnicity has seen a marked decline, a new report from the London School of Economics (LSE) shows.Individuals from Asian Other and white Other ethnic groups also experienced substantial…

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Ruben Amorim’s sacking: Ratcliffe revolution fails to halt Manchester United decline | Football News

Luke Shaw of Manchester United battles for possession with Wilfried Gnonto of Leeds United during the Premier League match between Leeds United and Manchester United at Elland Road on January 04, 2026 in Leeds, England. (Photo/Getty Images) MANCHESTER: Ruben Amorim’s sacking by Manchester United has exposed the dismal lack of progress since Jim Ratcliffe’s arrival…

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EV race: Tesla loses top spot after second year of delivery decline; BYD overtakes in global sales

Tesla has lost its position as the world’s largest electric vehicle maker after deliveries fell for a second consecutive year in 2025, weighed down by intensifying competition and weakening demand in key markets, AP reported.The US electric carmaker said it delivered 1.64 million vehicles in 2025, a decline of 9 per cent from the previous…

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China’s industry profits stumble: Profits in November fall 13.1%; biggest decline in over a year

China’s industrial firms saw their profits drop by 13.1 per cent in November, from last year, marking the steepest decline in over a year. This fall came despite strong exports, putting focus on country’s ongoing economic struggles and increasing pressure for more government support. The National Bureau of Statistics released these figures on Saturday, as…

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