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It’s not easy going up against Canada’s banking oligopoly, but some are trying.

Modi on Sunday said that the Indian diaspora in the US is the strongest brand ambassadors of the country, terming them 'Rashtra Dhoot'. He said that the Indian diaspora has connected India with America and vice versa. «Your skills, talent, commitment has no competition,» said Modi.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Piyush Goyal on Sunday said there are plans to open offices in different countries in the coming months to hand-hold foreign investors looking at opportunities to invest in India. The first such office of Invest India — the national agency to promote investments into the country — was inaugurated by the minister in Singapore. It will act as a dedicated point of contact for companies from the region looking to invest here. This move reinforces India's commitment to deepening investment partnerships and making it easier for global investors to engage with India.

NBFCs has improved since 2022 after the regulators adopted scale based regulations- a framework linked to the size, activity and risk levels, a study by RBI economists said. But it has also warned that they need to be watchful of cyber-security and climate risks and proactively identify and manage risks, it said. Gross NPAs ratio which ranged from 4.4 percent to 10.6 percent in December 2021 declined o 2.4 to 6.3 percent by December 2023. Scale based regulations were implemented from October 2022, the study found. «There has been a consistent improvement in the bottom line of the sector, as gauged by the profitability indicators, i.e., return on assets (RoA) and return on equity by Abhyuday Harsh, Rajnish Kumar Chandra, Nandini Jayakumar and Brijesh P from the central bank's department of economic and policy Research.» The sector remains resilient under the SBR framework. At end-December 2023, the sector continued to exhibit double-digit growth in credit, adequate capital and low delinquency ratio" The views expressed in the study published in the Reserve Bank's latest monthly bulletin are not that of the central bank.

Anil Ambani's Reliance Group has in recent years seen marquee firms being auctioned in insolvency proceedings and piling debt-fold businesses. But the group has, in the week gone by, made announcements that investors believe may mark its transformation. In three days — from September 18 to September 20 — the group announced it has turned into nearly zero and is implementing long-term fund raising plans that are said to solidify its financial position. Reliance Infrastructure's board approved fund raising of up to Rs 6,000 crore via preferential issue and QIP, while Reliance Power board is meeting on September 23 to consider and approve the fundraise via multiple routes.

As the story unfolded, Advait claimed he was abroad and intended to visit Mumbai on September 16. On that day, the woman received a shocking call from someone purporting to be a Delhi customs official. The caller informed her that Advait had been detained at the airport with a large sum of Euros, as per PTI. In a moment of panic, she was told that in order to secure Advait's release, she needed to pay Rs 3.37 lakh via UPI. Following the caller's instructions, she transferred the money. However, the fraudster later demanded an additional Rs4.99 lakh for further expenses.

NASA is planning to send an artificial star into space to help scientists solve some of the universe's biggest mysteries. Led by researchers at George Mason University, this $19.5 million mission will allow scientists to calibrate telescopes and more accurately measure the brightness of stars, from those nearby to distant supernova explosions in far-off galaxies. The mission aims to unravel key astrophysical mysteries, including the speed and acceleration of the universe's expansion.

Corporate Outbound Expert Tanmay Pendse appealed to the government to frame «specific policies» that will help in tackling such situations. «We are training people for the last 15-16 years and through the management activities, we make sure that such sessions are included which helps in reducing the stress...After employees reach home they should spend good time with their family and stay away from mobile phones...I appeal to the government to come up with a specific policy so that these kind of situations can be tackled. Yoga sessions should be started in every organization...,» Pendse said.

IPO) of Mumbai-based non-banking financial company (NBFC) Manba Finance is set to open for public subscription on September 23 and will close on September 25. Ahead of the issue, the grey market premium (GMP) for Manba Finance was around Rs 55-60, suggesting a 46% premium over the issue price. The price band for the IPO has been fixed at Rs 114-120 a share.

Rohini Nilekani, philanthropist and wife of Infosys co-founder Nandan Nilekani, purchased shares worth Rs 8.55 crore in logistics firm Allcargo Gati via open market transactions on Thursday. Rohini Nilekani's smallcap portfolio acquired 8,13,375 shares, representing a 0.62% stake, at Rs 105.21 per share, according to NSE block deal data.

Arvind Kejriwal on Sunday revealed why he resigned from his post. «I resigned because I did not come to do corruption or to earn money. I came to change the politics of the country,» said Kejriwal at 'Janta ki Adalat'. «The lawyers said that this case can go on for ten years. I cannot live with this stain. So I thought that I would go to the court of the people,» the AAP leader said.

Two asteroids are set to glide past Earth on September 24, 2024. Among them, one stands out due to its massive size of 120 feet. Asteroid 2024 RO11: This asteroid is approximately 120 feet in diameter, about the size of a small airplane. NASA estimates that the closest it will come to Earth during its flyby will be around 4,580,000 miles.

Scotch whisky and fine wines registering double-digit growth, outpacing consumption rates in the US and China, according to a Switzerland-based researcher. «One subcategory where India surpasses China and is growing at double the rate of the USA over a five-year CAGR is Scotch luxury whisky,» Simon Joseph, a senior luxury brand builder and consumer experience expert based in Zurich, said. Joseph, a researcher with Glion Institute of Higher Education, said according to various data forecasts, the luxury Scotch whisky market is also growing at 16 per cent CAGR up to 2024-end. Scotch whisky exports to India grew at a compound annual growth rate of 66% up to 2022, outpacing the US, China, and other significant markets, Joseph said, citing data from the UK-based Scotch Whisky Association (SWA).

Subscribe to enjoy similar stories. NEW DELHI : The Competition Commission of India (CCI) has asked Amazon Seller Services Pvt. Ltd and Flipkart Internet Pvt.

Marxist politician took a comfortable lead Sunday in a keenly fought presidential election that has turned into a referendum on an unpopular IMF bailout. Early results from Saturday's vote strongly suggested that the 55-year-old Anura Kumara Dissanayaka could end up the first leftist commander-in-chief and head of state of the small but strategically placed island nation. Dissanayaka had 58 percent of the 250,000 votes counted out of just over 700,000 postal ballots. Public servants involved in conducting the election are entitled to post their ballots, which are the first to be counted.

US Presidential Elections 2024. In an interview, he said he presumes former US President Donald Trump will win this election ultimately, however, he would vote for Vice President Kamala Harris despite his prediction. He added that he feels most of the Americans are not intelligent enough to decide properly what is good for them. This statement has ignited debates about the matter of electoral outcomes, which is completely dependent on voter awareness, reported The Telegraph.

The Penguin Episode 2 is set to air soon on HBO. The series has a total of eight episodes.

Katy Perry has said what exactly she desired in a man before meeting her boyfriend Orlando Bloom. She wished to meet someone, who loves adventure and was spiritual. Pop star Katy Perry talked to Apple Music's Zane Lowe about her latest album 143. She told that before meeting her boyfriend, she was stuck in a bad continuing loop. She said,«I was like, I'm going to go swim in a different pond. I want to try something else. I'm going to say yes to something I wouldn't normally say yes to.» She has decided to analyse her own intentions before viewing what's there in the outer world.

A federal judge has dismissed a lawsuit that sought to protect dolphins along Mississippi's coast from harm by a spillway used for flood control