Bank credit growth decelerated this financial year, with deposits reaching Rs 211.9 lakh crore by July 26, 2024, surpassing the growth in bank advances. Credit rose to Rs 168.1 lakh crore, influenced by personal loans and MSMEs. CareEdge Ratings attributed the slowdown to RBI measures and banks’ efforts to boost their deposit base.
Read MoreA 70-year-old man was acquitted in a 40-year-old rape case involving a 15-year-old girl who later became his wife. The trial concluded quickly due to a lack of evidence, as many witnesses were either deceased or untraceable. The complainant and two of the couple’s children also died during the lengthy process.
Read MoreOla’s CEO Bhavish Aggarwal emphasized the importance of AI sovereignty for India, mentioning Ola’s plans to manufacture the country’s first AI silicon chip by 2026. Strategic partnerships with companies like ARM and Untether AI were announced.
Read MoreCaptain Deepak Singh, 25, was killed in action during a mission in J&K’s Doda. He had lied to his mother, saying he was resting, while preparing for the mission. Commissioned in 2020, he was serving with Rashtriya Rifles. His family, preparing for his future wedding, mourns his loss but is proud of his sacrifice.
Read MoreDhruv Rathee faced severe criticism for deleting a social media post about the Kolkata doctor rape-murder case and subsequently revealing the victim’s identity. Public backlash intensified, highlighting the legal and ethical violations concerning the disclosure of rape victims’ identities. The incident raised concerns about the responsibilities of influencers in handling sensitive topics appropriately.
Read MoreConsumer goods companies have focused on the growing middle class, emphasizing innovation and premium products. Brands like Dabur and Nestle targeted this segment to drive high-margin categories. Hindustan Unilever relaunched Vim and Ponds to match evolving trends. Increasing disposable incomes and e-commerce growth further spurred this trend as they redefined their marketing strategies.
Read More15th August 1947 has been engraved in the golden history of India with our nation getting its freedom after 200 years of British rule. Thanking and paying tribute to our freedom fighters, here are some Independence Day wishes and messages to share with your loved ones, reminding them of the true meaning of this...
Read MoreDonald Trump’s recent economic policy speech lacked specifics and devolved into name-calling, affecting his poll standings, especially among young women. Republican pollster Frank Luntz indicated that Kamala Harris’s campaign has reinvigorated voters, jeopardizing Trump’s re-election chances. Republican strategists are now concerned about his incoherent messaging and apparent age-related issues, potentially impacting critical swing states.
Read MoreA 28-year-old man was arrested in Rajasthan for allegedly raping and murdering a 33-year-old nurse who had gone missing from Rudrapur. The victim’s sister filed a complaint on July 31, prompting an investigative team to search for the nurse. Her skeletal remains were found on August 8. Surveillance data led police to identify and...
Read MorePaul Heyman, a key figure in professional wrestling, has accumulated a net worth of $10 million through his roles in WWE and other promotions. Known for his executive prowess and on-screen charisma, Heyman’s legacy includes managing iconic wrestlers and shaping SmackDown’s ‘SmackDown Six’ era. He resides in Scarsdale, New York, with his family.
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