Bank of Maharashtra's MD Nidhu Saxena said they are prioritizing high asset quality over aggressive growth, showing a 36% rise in Q3 net profit. With improved asset quality and a willingness to raise capital in FY26, the bank aims to reduce government shareholding.
Duolingo has reported a 216% increase in U.S. users learning Mandarin, coinciding with the rise of Chinese social media platform RedNote. As TikTok faces a potential ban in the U.S., users have flocked to RedNote, sparking a wave of cultural exchange. This has led many to turn to Duolingo for help mastering Mandarin and diving deeper into Chinese culture.
The Reserve Bank of India permits overseas branches of banks to open rupee accounts for non-residents, facilitating transactions and investments. The new SRVA accounts require prior approval and aid in internationalising the rupee, reducing reliance on convertible currencies, and supporting Indian exporters in managing trade transactions.
Albanian Prime Minister Edi Rama surprised Italian Prime Minister Giorgia Meloni on her 48th birthday at the World Future Energy Summit in Abu Dhabi. His thoughtful gesture included serenading her with a birthday song and presenting her with a scarf designed by an Italian designer now based in Albania. This personal moment between the leaders of two politically differing nations showcased their strong working relationship, further underscored by a significant €1 billion renewable energy deal.
In a pretty recent development it has been known that on the inauguration day of US President- elect Donald Trump, an ongoing old tradition will be taking place again which is known as the ‘transfer of families’. Latest reports revealed that the transfer of both the families will be taking place within just 5 hours and thus the preparations are at peak now.
Delhi High Court reprimanded SpiceJet and its chairman for not paying $6 million dues to its lessors, ordering a partial payment within a week. The airline had failed to comply with a previous court order, prompting the high court to demand immediate rectification and asserting the necessity of maintaining the court’s authority.
The US Food and Drug Administration (FDA) has announced a ban on the use of Red Dye No. 3 in food, beverages, and ingested drugs due to its potential cancer risks. This decision follows decades of scientific research and public health advocacy. The move brings the US closer to Europe, where the dye has been banned for years, and sets a deadline for manufacturers to reformulate their products by 2027.
Unveiling the Startup Mahakumbh event, the Union commerce minister said India will participate in the global effort to address the climate challenges. He emphasised the rising importance of domestic investors in the Indian startup ecosystem at a time when risk capital funding in the country is slowing.
The benchmark S&P 500 opened slightly higher on Thursday following strong gains in the previous session, as investors assessed softer-than-expected retail sales data and a set of strong bank earnings.
The Village People will participate in President-elect Donald Trump’s 2025 inauguration, emphasizing their belief in music’s power to transcend politics. Despite criticism from fans, their 1978 hit Y.M.C.A. has seen renewed success due to Trump’s use.
The Commission for Air Quality Management (CAQM) has revoked the Stage 4 restrictions of the Graded Response Action Plan (GRAP) for Delhi-NCR due to improved air quality. Despite easing the strict measures, the authorities are urged to maintain vigilance and continue implementing lower-stage GRAP measures to prevent future pollution spikes.
Indian-origin astronaut Sunita Williams, the commander of the International Space Station (ISS), ventured out for her first spacewalk in over seven months on Thursday. Williams was joined by NASA astronaut Nick Hague for the essential outdoor repair work, marking a significant moment in their extended stay aboard the ISS. The spacewalk will contribute significantly to advancing scientific research.
India's internet landscape is projected to reach over 900 million users by 2025, with rural India driving much of this growth. Challenges include lack of internet access and awareness, while content consumption shifts to digital platforms. Indic languages and AI tools are becoming increasingly significant.
Justin Bieber's recent Instagram unfollowing spree, which included Hailey's father, Stephen Baldwin, has fueled speculation of marital problems.
James Clarkson, a 20-year-old trainee gas engineer from Carlisle, won a life-changing £7.5 million (Rs 80 crore) jackpot in the first National Lottery draw of 2025. Despite his newfound fortune, James returned to work the next day, unclogging drains in freezing weather. He plans to support his family by paying off his parents’ mortgage and pursuing modest personal goals like travelling and attending football matches. With a grounded approach, James highlights the importance of maintaining purpose and staying connected to his roots.
Recent studies have revealed a concerning connection between red meat consumption and an increased risk of dementia.
Reliance Retail Q3 Results: Reliance Retail Ventures reported a 10% YoY increase in consolidated net profit to Rs 3,458 crore for the December quarter. On a sequential basis, net profit rose 22%, and topline surged 20%. Q3FY25 revenue from operations reached Rs 79,595 crore, a 7% YoY growth. The company credited strong performance to productivity improvements and festive period customer engagement.
Kutch Copper Ltd, part of the AdGroup, has joined the International Copper Association (ICA) to contribute to sustainability initiatives and the copper sector's development. Adani Enterprises is investing USD 1.2 billion in a copper smelter in Gujarat to enhance India's self-reliance in copper production.