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Subscribe to enjoy similar stories. Mumbai: DCB Bank, one of India’s smallest private sector lenders, wants to play it safe. It is keeping a distance from unsecured loans, and banking on small businesses and individuals to improve its fledgling deposit ratios.

WWE will perform on a stage next month that could be vastly larger than its current home on cable television when it makes its “Raw” debut on Netflix

Arvind Kejriwal, and BRS leader K Kavitha on the ED's plea challenging a trial court's order directing it to supply «unrelied documents» to those accused in the alleged money laundering case related to the excise policy. Justice Manoj Kumar Ohri issued notices to all the 40 accused on the Enforcement Directorate's (ED) petition as well as its application for stay in the case. The high court listed the matter for further hearing on January 30 next year. Besides former Delhi chief minister Kejriwal, AAP leaders Manish Sisodia and Sanjay Singh and several businessmen are among the accused in the case.

West Bengal Assembly on Tuesday, even as BJP legislators staged a walkout opposing it. The resolution, moved by Minister Sovandeb Chattopadhyay, claimed that the bill, if passed, will affect the Waqf administration in the country and as such, extreme caution and due diligence are needed before any such drastic change is affected in the existing law. BJP members staged a walkout from the House during discussion on the resolution. Leader of Opposition Suvendu Adhikari said the resolution was a waste of precious time of the House as a Joint Parliamentary Committee (JPC) has been formed to examine the Waqf (Amendment) Bill, and that its term was recently extended till the last day of the budget session of Parliament in 2025.

As the holiday spirit fills the air, the federal government has left a few so-called gifts under the tree, but before we unwrap them, we should ask: Are these truly presents to celebrate or merely expensive ornaments designed to dazzle while adding to our country’s burdens?

Finance has lost 16% on bourses over the past three months amid rising regulatory scrutiny over the micro finance and unsecured consumer finance segments. While the company’s 26% loan book is comprised of microfinance segment, its exposure to highly leveraged customers in this category is just under 5%. In addition, the lender continued to grow loan book in the September quarter while retaining asset quality and interest margin, and improving return ratios. Analysts have a buy call on the stock given the company’s focus on the retail segment, initiative to improve asset quality and an attractive valuation. L&T Finance is a pan-India lender with presence across 20 states and two union territories through 209 branches and 1,934 micro finance meeting centres. Its loan book grew by 18% year-on-year to Rs 93,015 crore at the end of September 2024. Of this, retail finance including farm equipment, rural business, urban and small and medium enterprises (SME) finance formed Rs 88,975 crore.

startups by the government till October this year, Parliament was informed on Tuesday. The Government, with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging private investments in the startup ecosystem of the country launched the Startup India initiative in January 2016.

corporate earnings data and the market beginning to show early signs of revival, Quant Mutual finds itself close to fully deployed and believes that its risk-off phase is at the fag-end stage. “Although high-level macroeconomic and corporate earnings data merit tracking, most, if not all of these below-estimates data are factored in and timing is ripe for being optimistic about selective segments of the market. Hence, we are now close to fully deployed and believe that risk-off phase is in its fag-end stage,” the fund house said in its monthly release. Also Read | Taking stock: 70% equity mutual funds outperform their benchmarks in 2024

Elton John has revealed that he’s physically unable to see the new musical for which he wrote the music, saying that he has lost the majority of his eyesight after suffering an eye infection.

Ramayana was arrested after he ripped the stomach of a live pig on stage and ate its meat in Odisha's Ganjam district, police said. The incident sparked a statewide outrage and was condemned in the assembly on Monday. Besides the actor, identified as Bimbadhar Gouda, one of the organisers of the play that took place in Ralab village in Hinjili police station area on November 24 was also arrested for cruelty to animals and violation of the Wildlife Protection Act. Ruling BJP members Babu Singh and Sanatan Bijuli strongly condemned the incident in the assembly.

French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning poised to topple his fragile government and send shockwaves across the eurozone

Juice WRLD Day 2024 event in the month of November held in Chicago, rapper Dave Blunts drew significant attention by performing while connected to an oxygen tank, reported Sportskeeda. This striking visual led to a wave of reactions on social media, with fans expressing both concern and bewilderment over his health struggles. According to Sportskeeda, Dave Blunts performed several of his tracks while seated on a couch, declaring that ‘I do this for Juice. I do this for me. We keep going no matter what’ while showcasing his determination despite ongoing challenges. Also Read: All American Season 7: See premiere date, time, cast and plot

wheat and rapeseed. India is expected to experience above-normal minimum and maximum temperatures from December to February, with fewer «cold wave days expected», the India Meteorological Department said in a statement. Winter-sown crops such as wheat, rapeseed, and chickpea are planted from October to December and need cold weather during their growth and maturity stages for optimal yields.

Parliament was informed on Monday. The government's aim is to have an installed power generation capacity of around 777.14 GW by 2029-30. India's overall power generation capacity was at 454.452 GW as of October 2024. The Ministry of Power, in consultation with states, has envisaged a plan to add thermal capacity of a minimum 80,000 MW by 2031-32, Union Minister Shripad Naik said in a written reply to Rajya Sabha. «Against this target, 29,200 MW thermal capacity is already under construction, while 51,520 MW is at various stages of planning & development,» the Minister of State (MoS) for Power said.

Supreme Court on Monday expressed concern over the inadequate implementation of Stage IV of the Graded Response Action Plan (GRAP) in the national capital region to combat severe air pollution. The court observed that despite the alarming air quality levels, there has been a lack of serious enforcement of measures outlined under GRAP Stage IV, which is triggered when air quality deteriorates to hazardous levels.

Elton John disclosed that he has completely lost his sight during a heartfelt address at a charity gala performance of The Devil Wears Prada: The Musical. Speaking to an audience that included celebrities such as Anna Wintour and Lily Collins at London’s Dominion Theatre, the 77-year-old music icon said, «As some of you may know, I have had issues and now I have lost my sight. I haven’t been able to see the performance, but I have enjoyed listening to it.» The charity event supported the Elton John AIDS Foundation, a cause John has championed for decades. The gala marked another chapter in the artist's illustrious career, even as he faces health challenges. Sir Elton John’s announcement follows months of deteriorating vision. In September, he revealed that a severe eye infection over the summer had left him with «limited vision in one eye.» By November, his condition had worsened. He told People: «It kind of floored me, and I can't see anything. I can't read anything, I can't watch anything.»

Abizer Diwanji, Founder, NeoStrat Advisors LLP, says people will take the decision on the basis of whatever their compulsions are. Institutional investors, especially from the US, will have bigger compulsions in their country, being answerable to their own investors, and they may take a different call. The primary consideration for a normal investor should be returns and the efficacy of cash flow. As far as we have been covering banking, there is a reputational risk, there is a financial risk. But despite that, you have seen that Japanese lenders may continue to support Adani. How would these banks be assessing the situation according to you? Abizer Diwanji: First of all, banks are very focused on lending and lending to specific projects which have a high probability of cash flows, that is the most important thing. Now, given the group's ability to construct and execute contracts well, I think from a credit risk perspective which is the main criteria on which lending is done, most people would take a view that there is no problem with the credit.

Zelenskyy's remarks on Friday signaled a possible way forward to the difficult path Ukraine faces to future NATO membership. At their summit in Washington in July, the 32 members declared Ukraine on an «irreversible» path to membership. However, one obstacle to moving forward has been the view that Ukraine's borders would need to be clearly demarcated before it could join so that there can be no mistaking where the alliance's pact of mutual defense would come into effect. «You can't give an invitation to just one part of a country,» the Ukrainian president said in an excerpt of the interview with Sky News, dubbed by the UK broadcaster. «Why? Because thus you would recognize that Ukraine is only that territory of Ukraine and the other one is Russia.»

A group of youngsters, meanwhile, staged a demonstration here, reiterating their demand for age relaxation and rescheduling of the examination. «A total of 5,59,135 candidates are scheduled to appear in the exams for 4,002 posts of constables (home department) to be held on December 1, December 8 and December 22,» Jammu and Kashmir Services Selection Recruitment Board (SSRB) Chairperson Indu Kanwal Chib said at a meeting here.

National Capital Region (NCR) are urging the government to lift a pollution-related ban on construction, citing the exodus of labourers from the region due to lack of work opportunities. Several builders said the Commission for Air Quality Management (CAQM) should consider recent improvements in air quality and permit continuation of construction activity, particularly for RERA-registered projects. “Everything has come to a standstill; real estate is not just about builders; more than 150 industries are associated with it. Their business is impacted severely. Instead of banning construction every year, the government should come up with a permanent solution so that those relying on daily earnings are not impacted,” said Harsh Vardhan Bansal, president, The National Real Estate Development Council (NAREDCO) Delhi.

Subscribe to enjoy similar stories. Every Friday, Plain Facts publishes a compilation of data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Foreign investors have sold over ₹2 trillion worth of shares in this fiscal year so far.