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Bank credit growth to slow down in FY27, deposits a worry for lenders

Bankers anticipate a slowdown in credit growth for FY27, following a robust FY26. Deposit mobilization is becoming a challenge, impacting bank margins. While credit demand is expected from retail, services, and SMEs, industrial lending is set for a gradual recovery. A funding gap is projected, potentially eased by relaxed liquidity norms.

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Business

Tata Trusts to alter clauses which bar non-Zoroastrians

Tata Trusts is seeking to amend a century-old provision barring non-Zoroastrians from serving as trustees of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution. This move follows a challenge by a former trustee and aims to align the trust deed with modern values. Separately, a lawyer alleges violations of the Maharashtra Public Trusts Act by

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Is Hormuz still operational? How gunfire, vessel seizure are testing the Iran-US ceasefire

The Strait of Hormuz faces severe disruption after a weekend of escalations, including ships coming under gunfire and a US seizure of an Iranian vessel. Commercial movement is chaotic, with vessels reversing course or drifting amid conflicting instructions. This directly confronts the fragile ceasefire, pushing the vital energy corridor to the brink.

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Business

Government may raise FDI limit in pension sector to 100%

The government is reportedly planning to raise the foreign direct investment cap in the pension sector to 100%, mirroring the insurance industry’s recent liberalization. A bill to amend the PFRDA Act is anticipated in upcoming parliamentary sessions. This move aims to boost foreign investment and potentially separate the NPS Trust from the PFRDA, according to

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Business

Middle East conflict impact: China’s dependence on US ethane deepens; set to import record volume

Ethane, a natural gas liquid, is mainly used to produce ethylene, a core input for plastics. China relies almost entirely on the United States for these supplies.

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‘Not a routine action’: Congress says Tamil Nadu chief ‘confined’ under pretext of IT ‘search’ ahead of poll rally

Congress alleges the Income Tax department “unlawfully confined” Tamil Nadu chief K Selvaperunthagai, calling it a “blatant misuse” of agencies by the BJP to obstruct opposition campaigning ahead of Rahul Gandhi’s visit. The party claims this is intimidation, not routine action, aimed at silencing dissent during a crucial election period.

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‘We take notes …’: Cooper Connolly reveals secret behind Punjab Kings’ dream run

Punjab Kings maintain their unbeaten IPL 2026 streak, driven by a strong dressing-room culture and a focus on collective improvement. All-rounder Cooper Connolly highlighted the team’s collaborative approach and captain Shreyas Iyer’s leadership in fostering a positive environment. Their dominant performances, including a significant partnership, underscore their status as a formidable contender.

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Agoda Launches brand new What a Save! campaign in India – The Wire India

Agoda Launches brand new What a Save! campaign in India  The Wire India

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FMCG giants in India: Which stocks look stronger in 2026? – TheWire.in

FMCG giants in India: Which stocks look stronger in 2026?  TheWire.in

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‘Black magic’ in IPL? Lalit Modi reveals ‘one owner did this’ in 2011

A viral video of a Sunrisers Hyderabad fan performing a lemon ritual during an IPL match coincided with Shivam Dube’s dismissal, sparking ‘black magic’ accusations. An unverified letter claiming CSK complained to the IPL has also circulated. Former IPL commissioner Lalit Modi alleged similar past incidents involving team owners.

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