MUMBAI: Aggregate deposits with banks rose to Rs 265.4 lakh crore as on June 30, 2026, with the system recording a sharp fortnightly increase of about Rs 7 lakh crore, or 2.7%, driven by a balanced rise across both demand and time deposits. The last fortnight surge has taken the year-on-year deposit growth for Q1FY27…
India’s forex reserves have become more balanced over time, with more gold and some diversification beyond the US dollar. (AI image) A country’s foreign exchange reserves act as the first line of defence against external volatility. In times of global economic turmoil such as the present Middle East conflict, forex reserves are the armour that…
Donald Trump (File photo) US President Donald Trump on Sunday issued an expletive-laden warning to Iran, demanding that it reopen the Strait of Hormuz. He threatened severe military action, saying that Tuesday would be “Power Plant Day and Bridge Day”.“Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran….
Following SBI Funds Management’s stock market debut, SBI Chairman CS Setty said the bank will consider listing more subsidiaries once they reach the right stage of maturity, but did not provide a timeline due to the IPO silent period. Amundi said it remains committed to its two-decade partnership with SBI and plans to continue supporting…
Nike has announced that it will layoff 1400 employees across its global operations team, with the majority of reductions coming from its technology division. This move of the company is part of its ongoing ‘Win Now’ action plan which is aimed at streamlining operations and positions the brand for longterm profitable growth. In a memo…
American officeImage credit: Canva Walking into a local coffee shop or checking in at a hotel, you might be greeted by a cashier or front desk clerk who spent years earning a college degree, sometimes a master’s. It’s not unusual anymore. According to a new report by MyPerfectResume, the US workforce is experiencing a dramatic…
SRINAGAR: J&K administration’s move to remove Urdu, previously a mandatory qualification for revenue services, from the newly amended draft recruitment rules has sparked a political row in the Union Territory. The decision comes nearly a year after BJP protested and sought revocation of a govt order that made Urdu a compulsory subject for the naib…
NEW DELHI: In a major boost to India’s indigenous defence capabilities, the Defence Research and Development Organisation successfully completed the final development trials of the Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM)-V3 in both Air-to-Ground and Air-to-Air modes at the DRDO test range near Kurnool in Andhra Pradesh.The trials marked the final deliverable configuration…
Where do house lizards lay eggs inside homes (Image source: Canva) In many homes, especially in warm areas, you can see house lizards all the time. People often see them quietly sitting on walls or ceilings, usually close to lights where bugs like to hang out. People don’t notice much about their daily habits because…
TOI correspondent from Washington: The Hormuz horror that was choking energy supplies to much of the world is ending, following a deal between Washington and Tehran that US President Donald Trump said is imminent. Contours of the deal – said to involve Iran giving up its enriched uranium in return for unspecified rewards, including financial…
