MUMBAI: Deposit outflows during the first half of Dec, which was largely attributed to tax payments, widened the gap between credit offtake and deposit accretion at scheduled banks, highlighting a growing structural imbalance in the system. According to RBI data, on a year-on-year basis, deposit growth continued to lag credit expansion during the fortnight ended…
Key takeaways: Covered calls gained traction as cash-and-carry returns collapsed, but data shows they are not structurally suppressing Bitcoin’s price. Stable put-to-call ratios and rising put demand suggest hedging and yield strategies coexist with bullish positioning. As Bitcoin (BTC) price entered a downtrend in November, traders began forming theories about why institutional inflows and corporate…
MUMBAI: Gold loans have recorded a 125% year-on-year surge as of end-Nov 2025 – over 10 times the 11.5% growth in overall bank credit. The rise in gold loans follows a 77% increase last year and coincides with the rally in gold prices. Although outstanding gold loans of Rs 3.6 lakh crore accounted for less…
THIRUVANANTHAPURAM/THRISSUR: Gold embedded in sacred structures of Sabarimala temple in central Kerala was allegedly stripped, diverted and converted through a planned operation involving temple officials, intermediaries and private jewellers, a state-appointed SIT told a vigilance court. In a report seeking police custody of key accused, SIT said gold-plated copper sheets forming part of the sanctum…
NEW DELHI: Helped by tax cuts and a healthy monsoon, the Indian passenger vehicles market is on course to end 2025 with record sales, with companies ranging from Maruti Suzuki, M&M, to Toyota and Kia reporting all-time high demand. In 2025, Tata Motors overtook Hyundai to emerge as the second largest player in the domestic…
NEW DELHI: GST collections rose 6.1% to Rs 1,74,550 crore, driven by a surge in levies on imports. The numbers, that do not include compensation cess, which has been withdrawn for all goods barring tobacco and pan masala, provide confidence to govt that the mop up (for sales in Nov) has increased despite an overhaul…
NEW DELHI: PM Narendra Modi will flag off the country’s first Vande Bharat Sleeper train between Guwahati and Howrah later this month, barely months before the assembly polls in Assam and West Bengal. The train, marking a major upgrade in overnight train travel running at 120-130 kmph, will also reduce the travel time between two…
Crypto mining and trading is now legal in Turkmenistan after a new law signed by President Serdar Berdimuhamedow in late November took effect on Thursday. Implementation of the new laws could see the Central Asian country’s economy expand beyond its heavy reliance on natural gas exports by tapping surplus energy for crypto mining, following the…
NEW DELHI: In a relief for highway commuters, toll on under expansion stretches – from two-lane to four-lane – will soon be halved during construction period and user fee on partially opened expressways such as Delhi-Mumbai and Amritsar-Jamnagar will be same as that of other NHs. At present, the toll on expressways is 1.25 times…
NEW DELHI: An employee who loses a job is set to receive funds for reskilling within 45 days of retrenchment, the draft rules published under Industrial Relations Code, 2020 said. The amount – equivalent to 15 days of the worker’s last drawn wages – has been introduced under the new Industrial Relations Code as a…
