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Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Rediff.com27 Jun 2024

The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.

Euro '24: Battle lines drawn as 16 Teams vie for glory

Euro '24: Battle lines drawn as 16 Teams vie for glory

Rediff.com27 Jun 2024

Here is a quick guide to the eight games which get underway on Saturday.

How To Stop Kids From Eating Junk Food

How To Stop Kids From Eating Junk Food

Rediff.com27 Jun 2024

Ensure that the meals provided in their tiffins and snack breaks are colourful, says Dr Imran Patel.

Mo-Sha Are Indispensable For RSS

Mo-Sha Are Indispensable For RSS

Rediff.com27 Jun 2024

Occasional lovers' tiffs have marked the history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power, points out Shekhar Gupta.

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

Venezuela into Copa quarters with win over Mexico

Venezuela into Copa quarters with win over Mexico

Rediff.com27 Jun 2024

Salomon Rondon struck a second-half penalty to send Venezuela into the Copa America quarter-finals on Wednesday with a 1-0 win over Mexico in Group B, a result that also sent Jamaica crashing out of the tournament.

Euro PICS: Georgia stun Portugal, qualify for last 16

Euro PICS: Georgia stun Portugal, qualify for last 16

Rediff.com27 Jun 2024

Images from the Euro 2024 Group F matches between Georgia and Portugal; Czechia and Turkey in Germany on Wednesday.

Belgium held, but advance; Romania, Slovakia also thru

Belgium held, but advance; Romania, Slovakia also thru

Rediff.com27 Jun 2024

Images from the Euro 2024 Group E matches between Slovakia and Romania, Ukraine and Belgium, in Germany on Wednesday.

Rashid Khan reprimanded by ICC for misbehaviour

Rashid Khan reprimanded by ICC for misbehaviour

Rediff.com26 Jun 2024

The incident occurred after teammate Karim Janat declined a run opportunity during the final over of Afghanistan's innings.

Consistently pressed India for updates on Pannun probe: US official

Consistently pressed India for updates on Pannun probe: US official

Rediff.com26 Jun 2024

US deputy Secretary of State Kurt Campbell said the US raised the issue directly at the most senior levels of the Indian government.

HC upholds Mumbai college hijab ban, says no breach of fundamental rights

HC upholds Mumbai college hijab ban, says no breach of fundamental rights

Rediff.com26 Jun 2024

The Bombay high court on Wednesday refused to interfere in a decision taken by a Mumbai-based college to impose a ban on hijab, burka and naqab in its premises.

What Nilekani said about unleashing AI for enterprises

What Nilekani said about unleashing AI for enterprises

Rediff.com26 Jun 2024

Unlike AI uses for consumers, the next generation technology for enterprises will unfold over several years and the biggest challenge is to unleash AI for next wave of productivity for businesses, Infosys chairman Nandan M Nilekani said on Wednesday. While speaking at 43rd annual general meeting (AGM) of Infosys, Nilekani said the initial AI doomerism has quietened down and people have accepted that, like any other general-purpose technology -- electricity, nuclear energy, the internet etc, gen AI (generative artificial intelligence) has enormous potential for good when advanced within the guardrails of responsibility.

Putin's North Korea Gamble

Putin's North Korea Gamble

Rediff.com26 Jun 2024

Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.

Eye on Paris gold: Hockey India mix experience with youth

Eye on Paris gold: Hockey India mix experience with youth

Rediff.com26 Jun 2024

India are placed in Pool B alongside defending champions Belgium, Australia, Argentina, New Zealand and Ireland.

IPO-bound startups find favour with investors amid funding resurgence

IPO-bound startups find favour with investors amid funding resurgence

Rediff.com26 Jun 2024

The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.

Early 'end of season' sale amid muted demand

Early 'end of season' sale amid muted demand

Rediff.com26 Jun 2024

The spring/summer end-of-season sales have been advanced by a week with brands having high inventories due to weak demand in May because consumers avoided shopping in the hot month.

Will Kalki Take 2024's Biggest Opening?

Will Kalki Take 2024's Biggest Opening?

Rediff.com26 Jun 2024

Five months after the release of Fighter comes a film that is set to take a very good start at the box office.

Copa America: Messi frustrated but Argentina through

Copa America: Messi frustrated but Argentina through

Rediff.com26 Jun 2024

Argentina became the first side to book passage into the Copa America quarter-finals

'You Can't Have Two Semi-Finals With Different Rules'

'You Can't Have Two Semi-Finals With Different Rules'

Rediff.com26 Jun 2024

The International Cricket Council has come under fire for having different rules and regulations for the two semi-finals of the T20 World Cup.

Euro PIX: England top group; Slovenia reach last 16

Euro PIX: England top group; Slovenia reach last 16

Rediff.com26 Jun 2024

Images from the Euro 2024 Group C match between England and Slovenia at Cologne Stadium, Germany, on Tuesday.

South Africa face test of nerves against Afghanistan in semis

South Africa face test of nerves against Afghanistan in semis

Rediff.com26 Jun 2024

South Africa's bid to lift a first major cricket trophy could come down to whether they can finally shed the unwanted tag of "chokers".

Euro PIX: Austria down Dutch in a thriller!

Euro PIX: Austria down Dutch in a thriller!

Rediff.com26 Jun 2024

Austria's aggressive and hard running approach propelled them into the last-16 of the European Championship on Tuesday after a thrilling 3-2 victory over the Netherlands.

Euro PICS: Mbappe scores but France held by Poland

Euro PICS: Mbappe scores but France held by Poland

Rediff.com26 Jun 2024

Images from the Euro 2024 Group D match between France and Poland, at Dortmund BVB Stadion, Germany, on Tuesday.

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Rediff.com26 Jun 2024

The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

Noida airport faces delay, to start commercial flights by April 2025

Noida airport faces delay, to start commercial flights by April 2025

Rediff.com25 Jun 2024

Being touted as a competitor to the country's busiest Delhi airport -- which handles approximately 1,200 flights a day -- the Noida airport was expected to start flight operations by the end of this year. But supply-chain disruption, caused by pandemic and subsequent global upheaval, has hit the pace of construction at the airport which is coming up in the Jewar area of UP's Gautam Budh Nagar, some 75-km from the Delhi airport.

HC stays Kejriwal's bail, says trial court order reflects perversity

HC stays Kejriwal's bail, says trial court order reflects perversity

Rediff.com25 Jun 2024

In a blow to Delhi Chief Minister Arvind Kejriwal, the Delhi high court on Tuesday stayed the trial court order granting him bail in the money laundering case arising from the alleged excise scam, holding that the lower court did not "appropriately appreciate" the material placed before it by the Enforcement Directorate.

Rashid 'proud' to prove Lara right with semis berth

Rashid 'proud' to prove Lara right with semis berth

Rediff.com25 Jun 2024

'We have done that at U-19 level but at this World Cup, I don't have any words to describe the feeling back home.'

'Hope Bigg Boss Brings Me Fame That Boxing Didn't'

'Hope Bigg Boss Brings Me Fame That Boxing Didn't'

Rediff.com25 Jun 2024

'My only aim would be to entertain my audience and show them that boxers are lovely people.'

Modi Firmly In Control Of Ministers

Modi Firmly In Control Of Ministers

Rediff.com25 Jun 2024

The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.

T20 World Cup: How Afghanistan, Bangladesh can make it to semis

T20 World Cup: How Afghanistan, Bangladesh can make it to semis

Rediff.com25 Jun 2024

Afghanistan, Australia and Bangladesh are in the running for a place in the T20 World Cup semi-finals.

T20 WC PIX: India rout Australia, enter semis unbeaten

T20 WC PIX: India rout Australia, enter semis unbeaten

Rediff.com25 Jun 2024

Images from the T20 World Cup Super Eight Group 1 match between India and Australia, at Gros Islet, St Lucia, on Monday.

ATS unearths NEET racket in Maharashtra, teacher held

ATS unearths NEET racket in Maharashtra, teacher held

Rediff.com24 Jun 2024

The Anti-Terrorism Squad (ATS) has arrested a Zilla Parishad school teacher from Latur in Maharashtra and registered a case against four persons after it emerged that a racket was being operated to help NEET students willing to pay money to crack the exam, police said on Monday.

'Night club visit not behind SL's flop show in WC T20'

'Night club visit not behind SL's flop show in WC T20'

Rediff.com24 Jun 2024

Sri Lanka was unable to progress to the Super 8s stage, finishing third in Group D behind South Africa and Bangladesh, who advanced.

Railways to scale up advanced Kavach 4.0 installation on new routes

Railways to scale up advanced Kavach 4.0 installation on new routes

Rediff.com24 Jun 2024

Kavach 3.2 version is being installed on approved high-density routes, the railway officials said, adding that upgrading and installation of the latest version on new routes will go on simultaneously to cover a wider railway network in a shorter period.

Ullozhukku Review: Must Watch!

Ullozhukku Review: Must Watch!

Rediff.com24 Jun 2024

What makes Ullozhukku worth recommending is its ability to surrender to the surprises and yet grow with its characters, observes Divya Nair.

Rain Threatens India-Australia Game

Rain Threatens India-Australia Game

Rediff.com24 Jun 2024

The weather might steal the spotlight, with rain threatening to wash out the crucial match.

PIX: Germany strike late to hold Swiss and top group

PIX: Germany strike late to hold Swiss and top group

Rediff.com24 Jun 2024

Images from the Euro 2024 Group A match between Switzerland and Germany, in Frankfurt, on Sunday.

ISRO successfully conducts final landing test of 'Pushpak' RLV

ISRO successfully conducts final landing test of 'Pushpak' RLV

Rediff.com23 Jun 2024

The third and final test in the series of landing experiment (LEX-03) was conducted at 07:10 1ST at the Aeronautical Test Range in Chitradurga, Karnataka.

Two CoBRA jawans killed as Maoists blow up truck in Chhattisgarh

Two CoBRA jawans killed as Maoists blow up truck in Chhattisgarh

Rediff.com23 Jun 2024

The Maoist blast took place around 3 pm near Timmapuram village between Silger and Tekalgudem camps of security forces, over 400 km from the state capital Raipur.

Pak army's Chinese telecom gear with J-K terrorists raises security concerns

Pak army's Chinese telecom gear with J-K terrorists raises security concerns

Rediff.com23 Jun 2024

This has also raised concerns over undetected infiltrations from across the Line of Control and terrorists potentially residing in the outskirts of cities and villages, they said.

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