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MUMBAI: A technical tweak in the way banks report fortnightly balance-sheet data may swell India’s credit numbers by more than Rs 2 lakh crore this year and lift measured loan growth by over a percentage point. The change concerns the date on which banks report credit and deposit figures to the RBI, a schedule that…

Abrar Ahmed and Kavya Maran NEW DELHI: Pakistan spinner Abrar Ahmed was signed by Sunrisers Leeds during the Hundred Auction 2026, but the move sparked backlash online. After the franchise announced the signing on X, the post was flooded with negative comments, with some fans criticising an IPL-linked team for picking a Pakistani player. EXCLUSIVE:…

BENGALURU: With the West Asia crisis escalating and recent Iranian strikes targeting the UAE, several IT companies and global capability centres (GCCs) have activated their business continuity plans (BCPs), introducing measures such as work-from-home, travel advisories and temporary office closures.Amid rising geopolitical uncertainty, many tech firms and GCCs are increasingly relying on India as a…

India’s retail inflation edged higher in February, largely on the back of rising food prices, according to official data released on Thursday.Data from the National Statistics Office (NSO) showed that inflation measured by the Consumer Price Index (CPI) rose to 3.21 per cent in February, up from 2.74 per cent in January. Despite the increase,…

NEW DELHI: Kerosene oil, which has made a comeback for household use across several states and UTs, will be primarily made available through ration shops and, in some cases, from retail outlets of public sector oil marketing companies for cooking and lighting purposes. The Centre on Thursday allocated 48,000 kilolitres (kl) of additional kerosene to…

NEW DELHI: Govt has asked states and UTs to lift from the Central Pool rice and wheat under the free foodgrain scheme for three months in advance (till June) and distribute them to beneficiaries immediately. This directive comes as govt warehouses are brimming with rice and wheat stocks and little space is available for storing…

MUMBAI: Vinay Tonse, former managing director at State Bank of India, will take over as chief executive officer of Yes Bank after incumbent Prashant Kumar completes his term on Apr 6, following a change in the bank’s shareholding after Sumitomo Mitsui Banking Corporation acquired a 20% stake and became its largest shareholder.Tonse spent over 35…

US stock markets opened sharply lower on Thursday as surging oil prices and uncertainty stemming from the ongoing conflict involving the US, Israel and Iran weighed on investor sentiment.Shortly after opening bell, the Dow Jones Industrial Average fell 1.1 per cent to 46,879.09. The broader S&P 500 declined 1.0 per cent to 6,706.10, while the…

Sumit Antil in Paris Paralympics 2024. (PTI Photo) NEW DELHI: India enjoyed a dominant day at the World Para Athletics Grand Prix, with Paralympic champion Sumit Antil leading the charge by winning gold in the men’s javelin throw (F43/F44/F64). The double Paralympic gold medallist produced a powerful throw of 69.25 metres to secure the top…

Rajasthan Royals (Photo by Pankaj Nangia/Getty Images) Jaipur: Rajasthan Royals have announced a minor adjustment to their pre-season schedule. While March 15 was initially earmarked as the start date for their IPL 2026 preparations, the full squad camp will now officially commence on March 17 here at the Sawai Man Singh (SMS) Stadium.Under head coach…