HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.

In the ongoing 1st Test between India and Bangladesh, Hasan Mahmud has put on an impressive display, claiming his fourth wicket by dismissing Rishabh Pant for 39 runs. His fiery bowling has created significant trouble for the Indian batting lineup. Following Pant's exit, wicketkeeper-batter KL Rahul has joined Yashasvi Jaiswal at the crease, who is currently standing strong and has reached his half-century. With India at four wickets down, both Rahul and Jaiswal are focused on b

The Union Cabinet has given the green light to the controversial 'One Nation, One Election' initiative, which aims to conduct simultaneous Lok Sabha and Assembly elections across India. This decision follows the acceptance of a report by a panel led by former President Ram Nath Kovind. The panel emphasized the need for synchronized polls, stating that doing so would streamline the electoral process and optimize resources. Despite the backing from the ruling Bharatiya Janata

Benchmark equity indices experienced a decline, snapping a two-day winning streak as market participants adopted a cautious approach ahead of the highly anticipated interest rate cut from the US Federal Reserve. This would mark the first rate cut since 2020, following a series of eight consecutive meetings where rates remained unchanged. The India VIX, a measure of market volatility, increased by 6.2%, closing at 13.37. Information technology stocks significantly impacted the indice

E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy. Kumar joined Amazon in 1999 and played a pivota

Title and Overview: Defending champions India achieved a hard-fought 1-0 victory over hosts China to clinch their fifth Asian Champions Trophy title. The final, held amidst intense competition, saw India’s perseverance and strategic play ultimately lead them to triumph. Match Highlights: Despite a challenging match where India struggled to penetrate the Chinese defense in the first three quarters, the breakthrough c

Introduction to the Proposal: The concept of 'One Nation One Election' has garnered significant attention under the NDA government. Prime Minister Narendra Modi has previously noted that frequent elections impact economic development negatively. Building on this, Union Minister Amit Shah has confirmed the government's intention to implement this reform by the end of their third term, potentially starting in 2029. Detai

Gavaskar’s Caution Ahead of Bangladesh Series: Legendary Indian cricketer Sunil Gavaskar has issued a word of caution to Rohit Sharma’s squad regarding the upcoming two-Test series against Bangladesh. Gavaskar highlighted that Bangladesh, fresh from a historic 2-0 series victory in Pakistan, is a formidable opponent. The series will start with the first Test at the MA Chidambaram Stadium in Chennai from September 19-23, followed by the second Test at

Gautam Gambhir, a celebrated figure in Indian cricket, has worn many hats throughout his career—as a key player in World Cup victories, a successful IPL captain, and now, as the coach of the Indian cricket team. His straightforward and impactful approach is well-regarded, and a recent anecdote from domestic cricketer Manan Vohra highlights how Gambhir’s philosophy has influenced players. In a candid conversation shared on Taruwar Kohli’s YouTube channel, Vohra reco

Political strategist Prashant Kishor is preparing to formally enter politics with the launch of his new party, the Jan Suraj Party, scheduled for October 2nd. In a bold declaration, Kishor has promised to overturn Bihar’s longstanding liquor ban within one hour of his party assuming power. He has been working on the party's launch for the past two years and is confident in his ability to challenge the dominance of the Janata Dal (United) and Rashtriya Janata Dal (RJ

India's retail inflation saw a slight increase in August 2024, rising to 3.65% from 3.54% in July, as reported by the Ministry of Statistics and Programme Implementation. Despite this marginal rise, the inflation rate remains at its lowest level in nearly five years, a position it last reached in September 2019. This uptick was driven primarily by a significant rise in vegetable prices, which soared by 10.7% compared to a 6.8% increase the previous year. The Consumer Price Index

Rescue of Indian Nationals: Forty-five Indian citizens who were illegally inducted into the Russian army and forced to fight in the Ukraine conflict have been rescued and discharged from military service, according to the Indian Ministry of External Affairs. The rescue operation was part of ongoing efforts to address the plight of Indian nationals who had been misled into joining the Russian military. The Ministry also reported that fifty more Indi

External Affairs Minister S. Jaishankar has provided an update on the ongoing disengagement process between India and China, revealing that approximately 75% of the boundary issues have been resolved. Speaking in Geneva at the Global Centre for Security Policy, Jaishankar highlighted the progress made but also pointed out the persistent challenges, notably the increasing militarization of the frontier. Jaishankar discussed the lasting impact of the Galwan Valley clashes in June 2020

In a spectacular display of hockey, India overwhelmed Malaysia with an 8-1 victory in their Asian Champions Trophy 2024 match. The game was highlighted by Rajkumar Pal’s exceptional hat-trick performance, with his goals coming in each of the first three quarters. Alongside him, Araijeet Singh Hundal contributed significantly, scoring two goals—one in the first quarter and another in the third. Their combined efforts showcased India's attacking prowess and tactical superiority.

Former India captain Sourav Ganguly has voiced strong opinions about Rishabh Pant’s cricket career and the state of international cricket. Ganguly lauded Pant’s return to the Test side following a serious car accident in December 2022. Pant is expected to make a significant impact in the upcoming Test against Bangladesh starting on September 19. Ganguly considers Pant one of India's finest Test batsmen and believes he could become an all-time great if he continues his impressi

Rahul Gandhi, the Congress leader, made headlines with his recent comments during a press interaction in Washington, D.C. He raised allegations about the fairness of the Indian general elections, suggesting that they were not conducted in a “fair and square manner.” According to Gandhi, if the elections had been conducted fairly, the BJP would not have secured more than 240 parliamentary seats. He also accused the Election Commission of bias, claiming that the Congress party faced

Apple’s iPhone production in India has seen a remarkable increase, jumping from less than 1% in 2017 to 10% in 2023. According to a report by global investment firm Jefferies, this surge is largely attributed to India's 'Make in India' initiative and the production-linked incentive (PLI) scheme. The company aims to further boost its local manufacturing, with plans to scale up production to 25% of global shipments by 2025. This strategic move aligns with Apple’s goal to

In a pivotal Intercontinental Cup 2024 clash held in Hyderabad, India trails 0-1 against Syria, with Mahmoud Al Aswad scoring the lone goal in the seventh minute. This match is crucial for India, who are aiming for their second consecutive title and third overall in the tournament. New coach Manolo Marquez, who is managing his second game for the team, faces a significant challenge against the 93rd-ranked Syria. India's performance in the tournament has been underwhelming so far

In a significant gesture underscoring the strong bond between India and the United Arab Emirates, Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan visited Rajghat in New Delhi today. During his visit, he planted an Amaltas (Cassia Fistula) sapling, continuing a unique tradition followed by three generations of UAE leaders. This marks the first time in history that leaders from a single nation have honored Mahatma Gandhi in this manner at Rajghat. The tradition began with S

Crown Prince Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan of Abu Dhabi has arrived in New Delhi for his inaugural official visit to India as the Crown Prince. The visit underscores the deepening relationship between India and the UAE. In a significant diplomatic move, Prime Minister Narendra Modi hosted the Crown Prince at the Hyderabad House, where the two leaders engaged in discussions aimed at furthering bilateral ties. This marks a pivotal moment as India officially interacts with the ne