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SYDNEY—Australian businesses are dipping into savings to cover day-to-day running costs and repay debts amid higher-for-longer rates, but arrears remain low for now, the head of business banking at the country’s largest lender said. Like households, businesses built up cash buffers during the pandemic, and strong post-Covid demand supported business profitability. Recent Australian regulator data cited by UBS showed overall bank deposits fell in May, with an uptick in household savings being more than offset by contracting business and government deposits.

Pathan brothers, Yusuf and Irfan, that has caught the attention of fans online is where the ace bowler Irfan was seen getting angry at brother for being responsible for his run out. Similar case was seen in an IPL match where Irfan took a skier of a catch to dismiss Yusuf, playing for the opposite team. The catch completed, Irfan did not even celebrate. Watch video here:

Indic languages, Indian Institute of Science’s AI and Robotics Technology Park (IISc-ARTPARK) plans to open-source 16,000 hours of spontaneous speech from 80 districts as part of Project Vaani in collaboration with American technology company Google. IISc-ARTPARK is curating datasets of 150,000 hours of natural speech and text from around one million people across 773 districts of India, and the first phase of the project, launched at the end of 2022, is nearing completion.

Did the media covering President Biden miss a story that was right in front of them

The Justice Department says Boeing has agreed to plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners

A new study by Empower reveals many Americans on the financial edge, with 37 percent of people surveyed saying they’re unable to cover an unexpected expense exceeding $400.

Motorola is offering an initial discount of Rs. 5,000, reducing the price to Rs. 94,999.

₹6-18 lakh come under the ambit of middle-income group, while those in the ₹6-12 lakh income slab are under the middle-income group-I (MIG-I) and those with income in the range of ₹12-18 lakh fall under MIG-II. Households with an annual income of ₹6-12 lakh per year can currently buy or build a property with a carpet area of up to 90 sq. m under the scheme, while households with an annual income of ₹12-18 lakh per year can build or buy a property with a carpet area of up to 110 sq.

Union Budget 2024 that is set to be presented on July 23, the Centre is mulling over the idea of doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, with all those aged above 70 years to be brought under its ambit, to begin with, and also increase the insurance coverage to Rs 10 lakh per year. These proposals or some parts of it are expected to be announced in the Union Budget. In the interim Budget, the government increased the allocation for the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), which provides health cover of Rs 5 lakh per family per year for secondary and tertiary care hospitalization to 12 crore families, to Rs 7,200 crore while Rs 646 crore was assigned for the Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).

has appointed Tushar Vikram as its new country head and CEO of India, starting June 2024, said a statement issued today. In his new role, Vikram will lead the bank’s operations in India, driving the strategic direction and growth in the country.

volunteers who spent more than a year in a Mars simulation without ever leaving Earth have successfully finished a remarkable NASA project. Located at NASA's Johnson Space Center in Houston, the mission came to an end on Saturday, July 6, at approximately 5:00 PM local time, as per the reports of Metro.

NEW DELHI: Opening a bank account is a cakewalk for most of us. Bank executives happily come to our doorsteps for the paperwork. However, it is not the same for parents of specially abled children.

Karnataka BJP president BY Vijayendra, leader of opposition R Ashoka, and several party workers were detained by the police on Wednesday as they tried to lay seige to chief minister Siddaramaiah's home in Bengaluru to a protest to protest the alleged Valmiki Development Corporation scam and the recent fuel and milk price hike. The leaders also demanded a CBI inquiry and the CM's resignation in connection with alleged irregularities in Mysuru Urban Development Authority (MUDA). “We will continue our demonstrations. In the next stage, we will protest inside the Houses of the state legislature until the cases are handed over to the CBI. The CM should resign,” Ashoka said after the protest. The BJP, he added, wanted the contentious allocation of sites to be cancelled immediately. “More than 86,000 people have applied to MUDA for sites. They did not get them. They are still waiting for sites. But the CM was allotted a site in a jiffy,” he said. The government, Vijayendra alleged, was protecting MUDA officials by just transferring, not suspending, them. “They are trying to cover up corruption. We will protest across the state,” he added.

The open sewer runs straight for 10 kilometres. In a gorge about 8 metres deep and 50 metres wide, with sides sloping such that 20 metres of its width in the middle is flat. The 6-metre-wide sewer is in the middle of this flat stretch.

We have a variety of Market Focus events in the second half of the year covering Global Equities, Sustainable & Impact, Fixed Income and Private Markets. These convenient events provide a fantastic opportunity for busy researchers, analysts and selectors to hear from a number of expert managers in one place, in just half a day out of the office.  We are also delighted to announce the sponsors for our popular flagship event – Funds to Watch Autumn. Aegon, Baillie Gifford, BakerSteel, Comgest, Fiera, Impax Asset Management, Janus Henderson Investors, Marlborough, PGIM, Pinebridge, Premier ...

Our best friendships can withstand everything. Except, maybe, a surprise Venmo request.

Mumbai-based Kartik Sharma, who has been working in the advertising industry since the 90s, is well on track to achieve his retirement goals. His investments already account for 95% of his retirement corpus target.

heat wave to high humidity and now the monsoon, all within days. And as many retreated indoors, it was left to gig workers to brave the elements as they delivered food and myriad essentials on their two-wheelers. Heat, humidity, hail, or heavy rain, when the weather gets tough, theirs is the band that gets going, working harder and for longer hours than earlier. It's a job that has been getting increasingly tough with extreme weather events becoming more commonplace and frequent. Weaving in and out of lanes as they whiz through traffic, Vimlesh Kumar is amongst the thousands of gig workers in Delhi-NCR. Waiting outside a bakery in Ghaziabad for the rain to stop one day last week, the 27-year-old said he has mixed emotions on such days — worried that he might get sick, glad it will pay him more.

Chief Justice of India D.Y. Chandrachud on Thursday said that regulators like SEBI and appellate forums like the Securities Appellate Tribunal (SAT) need to exercise caution when there is a surge in the stock market as they assume immense national importance in fostering a stable and predictable investment environment. Inaugurating the new appellate tribunal premises in Mumbai, the CJI Chandrachud said: “The more you see the surge in the stock market, the greater the role, I believe, for SEBI and SAT, as institutions which will exercise caution, celebrate the successes but at the same time, ensure that the backbone is stable.”

The U.S. government’s auto safety agency is investigating a potential “loss of motive power” in more than 94,000 Jeep Wrangler 4xe vehicles, after receiving complaints for cars outside the scope of an earlier recall involving an engine shutdown conditi...

India is likely to see above-average rainfall in July, the Indian Meteorological Department said on Monday. The monsoon will cover entire country ahead of normal schedule, IMD said. There is 80 per cent probability of normal to above-normal rainfall in July. Delhi is expected to get heavy to extremely heavy rainfall in the ongoing month, as per the Indian weather office. A favourable monsoon forecast spells would bring bucketloads of relief for India, many parts of which reeled from extreme heat even in June. This was the warmest June in Northwest India since 1901.