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financial crisis as the Congressional Budget Office (CBO) claimed that the government may be out of money as early as August unless Congress comes to an agreement on raising the debt ceiling, reported ABC News. This so-called «X-date» is when the US will no longer have sufficient funds to pay its bills, leading to default on its debt, as per the report.

Bank of Baroda (BoB), India's second largest public sector lender by assets, is stepping up on retail loan growth with renewed focus on home loans, tie-ups with auto companies, and a fresh strategy to target corporate account employees with personal loans as it expects a 20% compound annual growth rate to continue at least for the next 3 years, executive director Sanjay Mudaliar said. The brisk pace in retail loans will mean the proportion of retail in its total loan book could increase to about 32% in the next three years from 27%. Home loans as a percentage of BoB's loan book are relatively lower at 51% compared to 55% for larger peer SBI. Mudaliar said early success in personal and auto loans meant the bank never stepped on the pedal on home loans but that is now changing. «We had an experience in home loans, but it was not scaled up to the extent we were looking for. Now with the personal loans coming under pressure, the bank is going slow on digital lending, and with the ups and downs in auto loans, the shift is happening towards home loans,» he said.

Indian diaspora withdrew more money than it invested in local bank deposits since October last year despite the sharp depreciation of the rupee, possibly indicating a tighter job market overseas, especially in the Gulf countries, as well as a fear of uncertainty in the global economy amid a looming tariff war, said people familiar with the matter. Reserve Bank of India (RBI) data showed that there was a net outflow of $1.5 billion between October 2024 and January this year in non-resident deposits while the rupee depreciated 3.3% during this period. The outstanding NRI (non-resident Indian) deposits stood at $161.2 billion at the end of January, down from $162.7 billion at the end of October last year.

IPL 2025 has just kickstarted with each of the teams having played at least one match, and multiple records have already been broken in the first five matches of the season. The league has become a paradise for the batters with flat pitches, short boundaries and thicker bats. The league tilting towards the batters was reflected as multiple batting records have been broken over five days. As many as 119 sixes were hit in the first five matches of the league- an average of 11.9 sixes per innings- comfortably surpassing the previous best of 88 sixes in five matches in 2023.

Foreign secretary Vikram Misri along with other senior officials from the Ministry of External Affairs briefed the Parliamentary Standing Committee on External Affairs on the Indo-Bangladesh relations. The panel is chaired by Congress MP Shashi Tharoor. Officials are also learnt to have expressed concern that the Bangladesh government has «not only not acknowledged the systematic persecution of minorities but has sought to downplay the scale and nature of violence against Hindus since 2024», sources said. The officials also apparently referred to the statement of Mohammed Yunus, chief adviser to the interim government in Bangladesh, where he termed the atrocities against minorities in Bangladesh as media exaggeration. Officials also expressed concern that persecution against minorities has been characterised as «political killings» of Awami League members rather than communal violence. When asked about the Bangladesh Army, it was suggested that they are out of barracks to take control of the law and order in the neighbouring nation. Officials suggested that India is interested in advancing mutual interests and priorities with Bangladesh, sources said.

QatarEnergy LNG for its North Field Production Sustainability Offshore Compression Project. The order is estimated at around $4 billion (about ₹34,000) crore), according to people familiar with the matter, It surpasses the ₹25,000 crore order won last year by the Railway Strategic Business Group of L&T Construction from an authorised Japanese agency to construct 508 route km of high-speed electrification system works for the Mumbai-Ahmedabad High-Speed Rail Bullet Train Project. The infrastructure firm, in its statement, referred to the project awarded to its offshore hydrocarbon business as an «ultra-mega» project, a term it uses for projects above ₹15,000 crore, without mentioning the order value. Doha-based QatarEnergy is a state-owned petroleum company and one of the largest gas companies in the world.

Amit Shah has set off speculations regarding an electoral tie-up in Tamil Nadu, AIADMK general secretary Edappadi K Palaniswami on Wednesday asserted that alliances are formed only at the time of elections and that changes take place based on emerging political situations. On Thursday, BJP's Tamil Nadu chief Annamalai is likely to meet home minister Amit Shah.

Piyush Goyal Wednesday said that the time taken to implement trademarks and copyrights needs to be compressed and any delays done away with. “Our trademark filings are the sixth largest in the world today. Our patent grants last year was about 100,000, maybe slightly less, because last year we were able to take off, shed off a lot of the backlog,” Goyal said at the National Intellectual Property (IPR) awards. He said as people are getting confidence that patents are being sorted out and granted in a record time, the enthusiasm to file patents in India is also improving and increasing. He said that the government is trying to encourage the IPR ecosystem to develop in India but trademark is still one area which takes “pretty long”.

CPI-M announced that they would boycott the remaining days of the ongoing Budget session of the Tripura Assembly to protest Speaker Biswa Bandhu Sen's alleged «partisan behaviour». The opposition CPI-M members walkout from the House over the «racist» remarks against Leader of the Opposition (LoP) Jitendra Chaudhury by state Parliamentary Affairs Minister Ratan Lal Nath. The LoP moved a privilege motion against Minister Nath on Tuesday. However, the Speaker rejected the motion on Wednesday, saying that one privilege motion against CPI-M's Tripura mouthpiece 'Daily Desher Kath' was accepted, and as per the rule, two privilege motions cannot be accepted on the same day. The privilege motion against 'Daily Desher Kath' was moved by Minister Nath. During the Zero Hour, when the Speaker announced that he rejected the privilege motion moved by the LoP against Minister Nath, the opposition CPI-M members protested, leading to pandemonium in the House.

Bharatmala Pariyojana Scheme, have faced delays primarily due to factors like land acquisition issues and financial difficulties faced by contractors, Parliament was informed Wednesday. Besides force majeure events, scarcity of construction materials, etc have also caused delays in the projects, Union Minister for Road, Transport and Highways Nitin Gadkari said in a reply to Rajya Sabha. «The implementation of 637 projects, including those under the Bharatmala Pariyojana Scheme, has faced delays...,» the Minister said. To overcome these challenges and expedite project execution, the government has undertaken various initiatives, Gadkari said… These include streamlining and expediting land acquisition process, revamping Parivesh Portal to facilitate faster forest and environmental clearances, enabling online approval of General Arrangement Drawing (GAD) of Road Over Bridge/Road Under Bridge (ROB/RUB) from the Railways, and conducting review meetings at various levels with all stakeholders, including state governments, he said. On the financial implication, Gadkari said it does not arise in every delayed project. The minister said if delay is not attributable to the contractor, price escalation is paid as per contract conditions, which may or may not result in additional cost, depending upon final value of price escalation determined on actual completion of the project.

Philadelphia Eagles center Jason Kelce has revealed that he is on a new weight loss regimen that he has embraced as part of a challenge with buddy and ex-teammate Beau Allen. The 37-year-old made the revelation on the latest episode of New Heights, the podcast he jointly hosts with brother Travis Kelce. Sharing details about it, Jason said his new fitness journey started with a proposal put forth by Allen.

“This initiative reflects the government’s commitment to leveraging HPV vaccination to eliminate cervical cancer, the second most common cancer among women after breast cancer,” Rao said at an event, Cervical Cancer Elimination Movement: From Awareness to Action, held in Bengaluru. The programme is being carried out in collaboration with Artist for Her, HDR Healthcare Foundation, HealthCare Sector Skill Council, ECHO India, Association of Healthcare Providers and the Karnataka State Obstetrics and Gynaecology Association. Rao said the state government is considering a proposal submitted by Artist for Her and others to expand the vaccination drive to Chikkaballapur district. “Those screened and diagnosed will receive a 90% treatment success rate.

Wall Street's main indexes were mixed on Wednesday, with investors exercising caution as they awaited economic data and more clarity on the Trump administration's fresh tariffs that are expected to take effect next week. At 09:30 a.m.

Eknath Shinde told the legislative council on Wednesday. «Some iconic buildings from the British era have given Mumbai a unique identity. To preserve this legacy and promote architecturally distinctive buildings in Mumbai, the state government has prepared a special policy,» Shinde said. Highlighting the importance of such developments, Shinde said that cities across the world are known for their unique urban planning, neighbourhoods, and landmark buildings. «Mumbai too, being a world-class city, deserves to encourage such iconic structures that will not only beautify the city but also strengthen its appeal as a tourist destination,» he said. The deputy CM said that the current Development Control and Promotion Regulations (DCPR) applicable to Mumbai pose limitations in facilitating the construction of distinctive structures. To address this, he said, the government has proposed separate provisions within the existing regulations to accommodate buildings that can become a symbol of the metropolis.

Rajiv Gauba as full-time member of NITI Aayog with immediate effect and Sanjay Kumar Mishra, the former head of Enforcement Directorate, as the full-time member of the Economic Advisory Council to the PM (EAC-PM). Both these appointments were notified on Tuesday. While Gauba is the retired 1982-batch IAS officer from the Jharkhand cadre who served as a cabinet secretary for five years from 2019 to 2024, Mishra is a 1984-batch Indian Revenue Service (IRS) officer from Uttar Pradesh. “NITI Aayog welcomes Shri Rajiv Gauba. His vast experience and excellence in public administration will be pivotal in spearheading policy-making and implementation,” the Aayog tweeted on Thursday. Gauba will join the league of four existing full-time members of the Aayog including VK Saraswat, VK Paul, Ramesh Chand and Arvind Virmani. While the prime minister is the chairman of the Aayog, Suman Bery is the vice chairman of the Ayog which was set up in 2015 replacing the erstwhile Planning Commission. With the appointment of Mishra, the EAC-PM will now have three full-time members, the other two being Sanjeev Sanyal and Shamika Ravi. The other part-time members of EAC-PM include Rakesh Mohan, Sajjid Chinoy, Neelkanth Mishra, Nilesh Shah, TT Ram Mohan and Poonam Gupta.

Ashok Leyland said on Wednesday that its electric bus unit Switch Mobility could shutter one of its British plants, which would swing the unit's UK operations to profitability «soon». The company said it would review the feasibility of the plant in Sherburn, North Yorkshire in a consultation process with employees, which could lead to the plant being closed, amid continued uncertainty in the sector. The plant accounted for 0.60% of Ashok Leyland's total sales in the fiscal year ended March 2023, the company said.

Tribhuvan Sahkari University' in Gujarat's Anand with an aim to create a qualified manpower for co-operative societies. The university has been named after Tribhuvandas Kishibhai Patel, who was one of the pioneers of cooperative movement in India and instrumental in laying foundation of Amul, Minister of Cooperation Amit Shah said during a debate on the «Tribhuvan» Sahkari University Bill, 2025.

Kotak Alternate Asset Managers on Wednesday announced a Rs 1,050-crore investment in Tirupati Medicare, which will support the pharma company's expansion efforts. The investment also gives a complete exit to Affirma Capital, which had invested in the company earlier, according to a statement. The 2005-founded Tirupati is the largest players in the nutraceutical contract manufacturing space, serving a marquee customer base, including Herbalife, Glanbia, Abbott, Torrent, Dr Reddy's, and Pfizer, among others, Kotak Alternate Asset Managers Managing Director Eshwar Karra said.

super rich Indians wish to leave the country due to factors like living conditions here, better standard of life abroad and also easier business environment in other countries, a survey said on Wednesday. The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Kotak Private, a leading wealth manager in the country which undertook the survey in association with consultancy EY, said 25 lakh Indians migrate to other countries every year as per the foreign ministry. «One in five ultra HNIs surveyed are currently in the process of or plan to migrate,» the survey findings said, adding most of them intend to reside in their host country of choice permanently while retaining their Indian citizenship.

Grimes is openly discussing her health. The singer recently shared that she has been diagnosed with autism and ADHD, thinking about how the conditions have impacted her life. Her confession comes as she continues to face co-parenting challenges with Elon Musk The singer talked about how the conditions affected her childhood and condemned social media's involvement in mental health issues. Grimes recently made a vulnerable admission on social media after criticizing her ex-boyfriend Elon Musk's decision to take their 4-year-old son, X Æ A-Xii, to the White House last month.

These high-performing stocks that rallied more than 10% during the session included, Genus Paper Boards(13.28%), Looks Health Services(12.68%), India Finsec(10.32%) and Pil Italica Lifestyle(10.03%).