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K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, “Our only concern is CASA is not growing the way the other deposits are going. That is why there is a special campaign that we have started from 1st January onwards with special incentives to all the outlets.”

Back in 2022, when both legs of the 60/40 portfolio were buckling, advisors were purchasing alternative assets for their clients as if there was no tomorrow. Real estate, crypto, private credit, you name it! Anything to escape the pummeling they were getting in good old stocks and bonds.

The European Central Bank has kept its key interest rate unchanged at a record high

Optimism sweeps across India’s urban-rural divide as consumers turn more confident about their prospects in the days ahead, multiple surveys showed, despite inflation remaining a niggling concern. The positive sentiment portends good news for businesses, as they look to tap rising spending in an election year. At a time confidence fell in key Asian markets, Indian consumers turned upbeat in the December quarter, a McKinsey & Co.

The first question an investor needs to ask before buying one of the new bitcoin ETFs is if they actually want to own bitcoin

Mohamed Muizzu asking India to withdraw troops from the island nation, India's Navy Chief R Hari Kumar has said that Prime Minister Narendra Modi's government has not told its defence personnel to pull out from Maldives. India and Maldives are reportedly in talks over the removal of troops from Maldives.

Bank of America has been cutting senior bankers in Hong Kong. Bloomberg reported yesterday that the bank has let go of a number of senior dealmakers in the city, including its head of Southeast Asian ECM, Sunil Khaitan, who joined from Deutsche Bank in 2018.

Navin Chawla has said that the idea of 'One Nation, One Election' can substantially reduce poll expenditure, but achieving that goal will require wide political consultation and constitutional changes, which are not easy. In an article for Manorama Yearbook 2024, Chawla said, «the raison d'etre» behind the move is to reduce the cost of elections as well the frequency of the imposition of the model code of conduct by the Election Commission, which some political parties accuse of impeding development work.

NEW DELHI : UN General Assembly president Dennis Francis warned that the ongoing conflict in the Red Sea posed an extremely disturbing situation that could trigger another mass war on a global level. Speaking at a press briefing in New Delhi on Wednesday, Francis said the possibility of escalation and regionalization of the conflict in the Red Sea had created a dangerous situation. “That is an extremely disturbing situation.

Hindu and Muslim parties shall give an affidavit to keep the report with them and not make it public, said Madan Mohan Yadav, the counsel for Hindu side. Following a July 21 order of the district court, the ASI carried out the scientific survey of the Gyanvapi premises, located next to the Kashi Vishwanath temple here, to determine whether the mosque was constructed over a pre-existing structure of a Hindu temple.

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Namibian cheetah Jwala has given birth to four cubs at the Kuno National Park in Madhya Pradesh and not three, as reported previously, Union Environment Minister Bhupender Yadav said on Wednesday. The births, first reported on Tuesday, came just weeks after three cubs were born to another Namibian cheetah, Aasha. Yadav said in a post on X, «Wildlife wonders! As frontline wildlife warriors managed to get closer to Jwala, they found she has given birth to four, not three, cubs.

offshore funds an additional seven months to liquidate holdings if they fail to disclose data about their investors by Jan. 29, two sources with direct knowledge of the matter said on Wednesday.

India should look at how it can sell electric two-wheelers to the world, even as it develops a market for battery electric vehicles locally, Niranjan Gupta, chief executive officer of Hero MotoCorp, the country’s largest two-wheeler maker, said on Tuesday. The company will introduce three electric two-wheelers in the mass market in FY25 to strengthen its portfolio, Gupta said on the sidelines of an event to unveil 'Hero Mavrick', the first Hero-badged premium motorcycle that has been developed with American motorcycle maker Harley Davidson. Gupta said one of the upcoming electric scooters will target customers in the B2B segment, while the other two will be positioned in the mid and entry segments for buyers in the mass market. “Over the next 12 months, we will launch a mid-price scooter and an economically priced scooter. So the Vida range will be aspirational, accessible and affordable,” he said. Sales of electric two-wheelers in India increased by 36% to 859,000 units in CY2023.

Budget expectations: Different segments of the population have hopes from the interim budget Finance Minister Nirmala Sitharaman will present on February 1. Many think Sitharaman might deliver a populist budget in view of the upcoming Lok Sabha elections while many others think the government is under no pressure to please different voting segments with benefits in the budget due to the BJP's bright poll prospects. Also Read: Budget 2024 can sow inclusive growth for farmers & women to get a vibrant Bharat There is another argument that Sitharamn might offer some benefits to the people at the bottom rungs of the economy in view of the high inflation in this financial year. These are likely to be rural people as they have been suffering from inflation as well as the depressed demand in rural areas. However, another category that the budget might target is the urban poor, not just to provide relief to them from high inflation but also to consolidate a new voting bloc. A scheme for domestic staff

permanent membership of the United Nations Security Council (UNSC). In a post on X (formerly Twitter), the Tesla CEO wrote, “India not having a permanent seat on the Security Council, despite being the most populous country on Earth, is absurd." “At some point, there needs to be a revision of the UN bodies.

MANCHESTER (NEW HAMPSHIRE) : As the last major challenger in Donald Trump's way, Nikki Haley is hoping New Hampshire voters feel so strongly about keeping the former president away from the White House that they turn out to support her in large numbers. “America does not do coronations," Haley said at a VFW hall in Franklin, joined by her daughter and son-in-law. “Let’s show all of the media class and the political class that we’ve got a different plan in mind, and let’s show the country what we can do." It's an uphill battle for the former UN ambassador and South Carolina governor.

World Trade Organization (WTO), focused on consensus-based decision-making and its nature of a member-driven organisation with special and differential treatment (S&DT) for developing countries, at the upcoming ministerial conference of the trade body, said people familiar with the matter. S&DT allows developing and poor countries benefits such as longer time to implement agreements and binding commitments. India's stance on WTO reforms comes at a time when developed countries are trying to dismantle the existing arrangement of consensus-based decision-making and replace it with a voting structure, besides involving the private sector in the functioning of the global trade watchdog. «Developing countries don't want to give up consensus-based approach and member-driven nature of the organisation,» said an official, who did not wish to be identified. At present, the private sector can give consultation to the WTO but not set the terms on which the members would deliberate, according to the official. «Some countries also want structural changes to be made in the secretariat but we will insist on retaining the core principles of WTO at the upcoming ministerial ,» the official said. The 13th Ministerial Conference (MC13) of the WTO will take place from February 26-29 in the UAE. India also wants the Appellate Body vacancies to be filled soon given the lack of agreement among the WTO members on the issue for many years. In the run-up to the ministerial, India has also proposed around 30 reforms to improve the functioning of the WTO committees. As part of its «30 for 30» proposal, India has suggested 34 operational changes to the body such as putting in place a 12-month cooling-off period before hiring any ambassador

gigantic shark, Megalodon, which lived roughly 15-3.6 million years ago, was a more slender organism than previously thought, according to a study. The Megalodon, or megatooth shark, is typically portrayed as a super-sized, monstrous shark in novels and sci-fi films, including «The Meg», the researchers said. Previous studies suggest the shark likely reached lengths of at least 15 to 20 meters.

who spearheaded the TMC’s ‘Sanhati Rally’ on the day of Ram temple Pran Pratishtha ceremony, said, “They (BJP) talk about Lord Ram, but what about Goddess Sita? She was all along with Lord Ram during his exile. They don't speak about her as they are anti-women." Tap here to follow Ayodhya Ram Mandir Inauguration Live Updates "We are worshippers of Goddess Durga, so they should not try to lecture us about religion," the Trinamool Congress (TMC) chief was quoted by PTI as saying in Kolkata on Monday. ALSO READ: 'History unfolds' at Ayodhya Ram Mandir inauguration — 10 highlights from Pran Pratishtha led by PM Modi As the grand consecration ceremony took place at Ayodhya Ram temple, Mamata Banerjee began the all-faith harmony rally in Kolkata on Monday.

Budget as the current tariff structure has already proven successful and changing them could harm local manufacturing, a GTRI report said on Monday. The Global Trade Research Initiative (GTRI) said that maintaining the current rates would help balance industry growth and long-term development in India's growing smartphone market.