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RBI’s Restrictions On Kotak Mahindra Bank: Implications For Credit Growth And Profitability

RBI’s Restrictions On Kotak Mahindra Bank: Implications For Credit Growth And Profitability

The Reserve Bank of India's (RBI) recent directive to Kotak Mahindra Bank has raised concerns about the lender's future credit growth and profitability, according to S&P Global Ratings. The central bank has barred the bank from onboarding new customers through online and mobile banking channels and issuing new credit cards, citing "serious deficiencies and non-compliances" and "continued fa...

May 1, 2024 / 10:03 AM IST
Tesla Lowers Car Prices in China by Almost $2,000 Following US Price Cuts

Tesla Lowers Car Prices in China by Almost $2,000 Following US Price Cuts

Tesla is battling declining sales and a growing pricing war for electric vehicles (EVs), especially against cheaper Chinese EVs. As a result, the company has slashed prices across the board by almost $2,000 in China, after price reductions in the US. The official website of Elon Musk's electric vehicle manufacturer revealed on Sunday that the beginning price of the updated Model 3 in China has ...

April 21, 2024 / 01:41 PM IST
Alert: People Posing As ‘Home Affairs’ Officials Looting Homes

Alert: People Posing As ‘Home Affairs’ Officials Looting Homes

The fake news is a group of people posing as government officials from the 'Department of Home Affairs' looting homes.

March 29, 2024 / 12:14 PM IST
Adani Ports Buys Gopalpur Port At ₹3,350 Crore In Odisha

Adani Ports Buys Gopalpur Port At ₹3,350 Crore In Odisha

As part of its deleveraging strategy with planned asset monetization, the Shapoorji Pallonji Group announced on Tuesday that it has sold its brownfield Gopalpur Port to Adani Ports and SEZ Ltd for an enterprise value of ₹ 3,350 crore. 

March 26, 2024 / 12:16 PM IST
Sony Fires 900 Employees Following Notice Of Declining PlayStation Sales

Sony Fires 900 Employees Following Notice Of Declining PlayStation Sales

Sony PlayStation said that it was letting go of 8% of its employees worldwide as the tech sector continues to see a wave of layoffs. Announcing the "sad news," Jim Ryan, the CEO of PlayStation, stated that 900 employees worldwide, including video game production companies, would be impacted by the cutbacks.

February 28, 2024 / 11:23 AM IST
CE20 Cryogenic Engine: ISRO Gets Milestone On Gaganyaan Mission

CE20 Cryogenic Engine: ISRO Gets Milestone On Gaganyaan Mission

It is known that India aimed for the Gaganyaan Mission in 2024–2025 and set up 'Bharatiya Antariksha Station' by 2035. ISRO will also send the first Indian to the Moon by 2040.

February 21, 2024 / 02:46 PM IST
PM Modi Will Unveil Several Projects Worth Rs 7,500 Crore

PM Modi Will Unveil Several Projects Worth Rs 7,500 Crore

During the visit, PM Modi will disburse Rs 1,500 per month under the Aahar Anudan Yojna to 2 lakh women beneficiaries.

February 11, 2024 / 08:54 AM IST
Bhatti Vikramarka Presents Vote-On-Account Budget Of Rs 2.75 Lakh Crore

Bhatti Vikramarka Presents Vote-On-Account Budget Of Rs 2.75 Lakh Crore

Regarding the state's financial crisis, Vikramarka also criticized the former BRS administration under KCR.

February 10, 2024 / 01:59 PM IST
Prices of Petrol, Diesel, Gold, and LPG Cylinders

Prices of Petrol, Diesel, Gold, and LPG Cylinders

Meanwhile, silver prices have slightly increased today as compared to yesterday. The price of 10 grams of silver is Rs 766 in Hyderabad.

February 10, 2024 / 09:25 AM IST
Finance Minister Bhatti Vikramarka Will Present Budget For 2024–25

Finance Minister Bhatti Vikramarka Will Present Budget For 2024–25

In fact, Bhatti Vikramarka will present the Telangana Budget for the first time as the Telangana Finance Minister.

February 10, 2024 / 08:03 AM IST
CLOSING BELL: Stock Markets Ends Volatile Day In Green

CLOSING BELL: Stock Markets Ends Volatile Day In Green

The stock market continued its positive momentum and closed in the green on Friday. The benchmark indices registered gains at the end of the day.

February 10, 2024 / 12:20 PM IST
2nd Phase Of Namma Metro In Bengaluru Will Begin In 2025

2nd Phase Of Namma Metro In Bengaluru Will Begin In 2025

Namma Metro is the second-longest operational metro network in India, just behind Delhi Metro.

February 10, 2024 / 01:18 PM IST
Budget Session Likely To Be Conducted Soon In Jharkhand

Budget Session Likely To Be Conducted Soon In Jharkhand

Jharkhand's new Chief Minister, Champai Soren, spoke at a press conference in Ranchi, and he revealed that the annual budget will be presented by the end of February 2024.

February 10, 2024 / 01:23 PM IST
Redmi A3 Smartphone Will Launch On Valentine’s Day

Redmi A3 Smartphone Will Launch On Valentine’s Day

The Redmi A3 will feature a smooth 90 Hz refresh rate display, a long-lasting 5,000mAh battery backup, and a price tag likely under Rs 10,000.

February 10, 2024 / 01:34 PM IST
Prices of Petrol, Diesel, Gold, and LPG Cylinders

Prices of Petrol, Diesel, Gold, and LPG Cylinders

Meanwhile, silver prices remained constant today as compared to yesterday. The price of 10 grams of silver is Rs 760 in Hyderabad.

February 10, 2024 / 02:05 PM IST