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Mumbai: Bank credit growth continued to outpace deposit mobilisation this financial year, tightening system liquidity even as lenders step up loan disbursements. By Jan-end 2026, the incremental credit-deposit (CD) ratio had climbed to 96.9%, sharply higher than the outstanding CD ratio of 82.3%, indicating that banks lent out nearly Rs 97 for every Rs 100…
Tamil Nadu CM M K Stalin takes Chennai Metro during poll campaign, interacts with commuters NEW DELHI: Tamil Nadu chief minister M K Stalin on Friday made a surprise appearance on the Chennai Metro, travelling from Chennai Central to DMS station as part of his election campaign ahead of the Assembly polls.During the journey, the…
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Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native cross-chain transfers of the USDC stablecoin. On Friday, Circle’s USDC X account said the bridge allows users to move the USDC (USDC) stablecoin in a “predictable, transparent way,” citing a…
NEW DELHI: In a rare show of seamless synergy, all three services of the armed forces jointly conducted Dweep Shakti, a high-intensity Tri-Service exercise, between March 24 and March 28 to validate integrated capability for rapid response along the coastal and island defence operations.During the joint exercise, the triservices executed coordinated amphibious assaults, maritime dominance…
Equity benchmark indices closed lower on Thursday, with the Sensex tumbling 931 points after the previous session’s sharp rally, as renewed tensions in West Asia dented ceasefire-led optimism.The truce appeared at risk after Iran again shut the Strait of Hormuz following Israeli strikes in Lebanon, while rising crude prices, weak global cues and continued foreign…
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NEW DELHI: India on Thursday backed reforming the World Trade Organisation but underlined the need to retain the core focus on poor and developing countries and a consensus-driven decision-making process.“The necessary reform of WTO should be carried out through a transparent, inclusive and member-driven process, keeping development at its core, upholding the foundational principles and…
