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Estimated 29% drop: Weak chip demand hits Samsung’s Q4 profit

Samsung Electronics surprised the market on Tuesday with an estimated 29% drop in quarterly profit, blaming weak chip demand in a rare commentary issued to ‘ease confusion’ among investors already fretting about a global tech slowdown.




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Walmart, Google-backed Deliv end online grocery partnership

People familiar with the Walmart partnership with Deliv said the Deliv drivers had to frequently wait 40 minutes or more to collect grocery orders when they showed up at the store. One reason for that, they said, is because Walmart gives a priority to customers over delivery drivers during regular hours, which complicated the partnership.




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China could use medical data to blackmail Americans, report says

The two sides have been struggling with more than 100 issues raised by the United States in a lengthy statement given to Chinese officials in May




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Pakistan confers highest civilian award on Saudi crown prince Mohammad bin Salman

Pakistan on Monday conferred its highest civilian award Nishan-e-Pakistan on Saudi Crown Prince Mohammad bin Salman for his “outstanding support” in reinvigorating the ties between the two countries.




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To infinity and beyond! China wants to build the first power station in space

China’s space ambitions are shifting into a higher orbit.




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Fear of Trump walking on Xi haunts China as trade talks near end

As Trump claims to be the first American president to stand up to Beijing, his aides have built a possible deal on a foundation of distrust.




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internship nd opportunities in law

i hav completed my llb in 2017 but i didn't practice bcoz of financial problem and earning problem. so what should i do now. thanks in advance




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‘Bandhan Bank does not foresee much hiccups in microfinance collections once lockdown lifted’

Loans and advances grew 60% year-on-year during 2019-20, from Rs 44,776 crore in March 31, 2019. Its total deposits grew 32% y-o-y to Rs 57,073 crore during the fiscal ended March, 2020. The bank had total deposits of Rs 43,232 crore as at end of March 2019.




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Kotak Mahindra Bank cuts savings account interest rate; effective from April 20

Kotak Mahindra Bank, which has revised interest rate on daily balances in savings account multiple times over the past year or so, has again made a change.



  • Banking & Finance
  • Industry
  • Kotak Mahindra Bank

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Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 




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Kotak Mahindra Bank board to consider fundraising proposal this week

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.




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Kotak Mahindra Bank may raise Rs 8,000 crore via equity dilution

Market is viewing the fund-raising announcement in a positive light as the lender’s move to build up capital reserves is being seen as a sensible move at a time of uncertainty.




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ICICI Bank confirms $100-m exposure to troubled Singapore oil firm Hin Leong Trading

The regulatory norms with respect to provisioning and asset recognition are uniform for Indian banks’ domestic and foreign exposures.




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Three private banks pare Yes Bank stake within 2 weeks of investing

The other financial institutions who had come to Yes Bank’s rescue in May continue to hold on to their stakes, with State Bank of India (SBI) holding a 48.21% share.




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RBI Governor Shaktikanta Das to hold meeting with bank chiefs on Saturday

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures to support the industry.




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China’s Bitcoin-like cryptocurrency enters race days after Facebook’s Libra fails to fly

China’s central bank has started testing its official Bitcoin-like digital currency DCEP, and the bank is now planning to roll out the virtual money payment system soon.




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Delhi HC allows HDFC Bank to deduct Indiabulls’ loan installment from fixed deposit

Delhi high court, in an interim order on May 1, has allowed HDFC Bank to deduct a Rs 90-crore loan installment from Indiabulls' fixed deposit which it holds as security.




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Kotak Mahindra Bank cuts pay by 10% for staff earning over Rs 25 Lakh

The communication further stated that Covid-19 is wreaking havoc on the economy which, in turn, will impact a financial services firm like KMB.




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SBI hikes home loan rates for new borrowers by 20 bps

Similarly, for home loans between Rs 30 lakh to Rs 75 lakh, the effective interest rate is now at 7.65%, compared to 7.45% earlier.




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Stressed assets: Lenders may create bad bank, says SBI chief

In an interview with CNBC TV18, Kumar said the time is right to set up a structure, along the lines of a bad bank, given there are adequate provisions for existing non-performing assets (NPAs).




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Indian Maharaja Wins Third Successive Award for Best Asian Luxury Train

Indian luxury train, the Indian Maharaja, has bagged the award for the Best Asian Luxury Train for the third year in a row. The train was felicitated at World Travel Awards 2012, quoted by Wall Street Journal as “the travel industry’s equivalent to the Oscars”. The awards are...



  • Wed
  • 31 Oct 2012 00:00:00

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By ignoring climate emergency, world leaders are forcing children to act: Greta Thunberg

Thunberg has become a leading voice for action on climate change, inspiring millions of students to join protests around the world.




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Coronavirus silverlining! NASA images show drop in China’s air pollution after lockdown

In a preliminary analysis, NASA researchers compared NO2 values detected by OMI in 2020 with the average amounts detected at this time of year from 2005-2019.




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ISRO to launch GISAT-1 satellite on GSLV rocket as high as a 16 storey building!

The launching vehicle of GISAT 1 has evinced much interest before the launch of the mission. GSLV -F10 is a humongously tall vehicle - as tall as a Sixteen storey building, and weighing approximately 4,20,300 kilograms..




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National Chambal sanctuary, home of gharials and Gangetic dolphins, declared eco-sensitive zone

Gangetic dolphins, gharial and freshwater turtles are among the major species found in the region. More than 75 per cent of the critically endangered Gharial population is based in the sanctuary.




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ISRO’s Gaganyaan: SAIL’s Bhilai plant sending high strength special steel to make satellite launch vehicle

Special grade steel plates have been procured from the Bhilai plant of the Steel Authority of India Limited (SAIL) to be used in the launch vehicle.




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NASA records highest resolution pictures of Mars! Check out 360-degree panorama captured by Curiosity rover

Curiosity's project scientist at NASA's Jet Propulsion Laboratory Ashwin Vasavada said that it is the first time that NASA has dedicated its operations to capture a 360-degree panorama.




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Pilibhit Tiger Reserve: 10 big cats living in sugarcane fields to be relocated

Saturation of Pilibhit Tiger Reserve with an increasing population of tigers has resulted in man-animal conflicts in the area.




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Rare ‘Supermoon’ on Holi this year! Check time, details, history of moon marvel

The term supermoon has only prevailed in the common lexicon for 40 years or so. It was coined by astrologer Richard Nolle in 1979.




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Amazon rainforest may collapse within decades if critical point is reached: Study

The scientists noted that the loss of such key stone species may lead to a rapid and dramatic change in the landscape within our lifetime.




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Delhi weather update: Light rains predicted in national capital

The weatherman has predicted a cloudy afternoon with possibility of thunderstorm and gusty winds accompanied by light rains in parts of Delhi.




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Stephen Hawking: Here are top groundbreaking theories from the British scientist on his death anniversary

The famous scientist, who battled amyotrophic lateral sclerosis (ALS), a motor neurone disease for over 50 years, passed away at the age of 76 on March 14, 2018.




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Moon’s own ‘big bang’? Study reveals story behind formation of Earth’s moon, mysterious ‘Theia’ role in it

Have you ever wondered why the moon is always there next to Earth? How did it come into existence and what is its relation to the Earth?




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Large asteroid approaching Earth! How dangerous will it be? NASA answers

The space rock will pass the earth at a distance 4.6 times of distance between the Moon and Earth.




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World Water Day 2020: India shifts focus to providing piped water to every home at household level by 2024

The report on World Water Day 2020 explains that in order to tackle climate change, a lot of marginalised communities need clean water and decent toilets as a front line defense.




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Coronavirus hits moon mission: NASA suspends work on Moon rocket

The space agency is shutting down its Michoud Assembly Facility in New Orleans, where the Space Launch System rocket is being built, and the nearby Stennis Space Center, administrator Jim Bridenstine said late Thursday.




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Light rains likely in New Delhi

Light rain and thunderstorm accompanied with winds gusting up to 30-40 kilometres per hour are expected towards the evening under the influence of a western disturbance, it said.




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Delhi weather: National capital sees dip in pollution, minimum temperature settles at 16.4 degrees Celsius

According to the Central Pollution Control Board (CPCB) data, the city's overall air quality index at 9 am stood at 112, which falls in the 'moderate' category.




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Delhi targets 66% reduction in air pollution in 5 years; sets aside Rs 30 cr for smog towers

"Green Citizen Awards" will also be instituted to encourage citizens to contribute to environment protection and preservation work, Deputy Chief Minister Manish Sisodia said while presenting the budget in Delhi Assembly.




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Race for corona vaccine hots up; US, China enter human-trials stage

At least two candidates have already entered the clinical evaluation stage, according to the World Health Organization (WHO).




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Coronavirus: China lockdown may have blocked 700,000 virus cases, say researchers

The Wuhan shutdown delayed the arrival of the virus in other cities, their model showed, giving them time to prepare by banning public gatherings and closing entertainment venues, among other measures.




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Celestial treat for stargazers! ‘Evening star’ Venus just got brighter! 5 amazing things to watch out in April

On April 27, Venus will shine nine-times brighter than Jupiter, its nearest planetary 'competitor', and will outshine Sirius, the brightest of all stars, by almost 20-times




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China to launch communications satellite named after Wuhan

Despite its proximity to the epicentre of the novel coronavirus pandemic, the company staff worked hard to ensure the success of the mission, state-run Xinhua news agency reported.




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IIT Roorkee develops low-cost face shields for doctors, nurses treating Covid-19 patients

More than a thousand face shields have been dispatched for the doctors and healthcare staff of AIIMS Rishikesh.




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India to see Pink Super Moon this week; check date and timings

One of the major lunar events India is going to witness this week is a Pink Super Moon. This appearance of the moon is considered as the brightest and the biggest.




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Boeing to redo test flight of uncrewed Starliner spaceship

A test run in December was ended early when the spacecraft failed to engage its thrusters on time.




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Pink Super Moon: 7 things you need to know before witnessing it today

Witness the Pink Super Moon from your balconies today! One of the celestial events, which is an occurrence of a Super Moon, is set to take place today and can be witnessed by many from their balconies only.




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Lockdown: Major air pollutants PM2.5, PM10 and NOx down by at least 50 per cent in Delhi

In Delhi, the comparison made from the second week of March (before lockdown) to first week of April (April 6), reduction in PM2.5 was found to be by 62 per cent, PM10 by 57 per cent and NOx by 50 per cent,  the latest SAFAR data accessed by PTI showed.




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Air pollution linked to higher COVID-19 death rates: US study

The yet-to-be-published study looked at more than 3,000 counties across the US, comparing levels of fine particulate air pollution with novel coronavirus death counts for each area.




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Good news! Expect normal monsoon this year; top points to know about IMD’s monsoon forecast

The department has also released the expected date when the monsoon will hit some important cities and areas of the country in terms of monsoon onset and withdrawal.