BENGALURU: India’s IT services sector is unlikely to post strong results for the September 2025 quarter. While Q2 is typically the best-performing quarter, Investec expects divergent results across companies as macroeconomic uncertainty, tariff risks, and client caution continue to affect discretionary spending. Both brokerages – Kotak Institutional Equities and Motilal Oswal Financial Services – expect…
MUMBAI: RBI‘s move to get merchants to store tokens instead of card data since 2022 has cut down frauds and improved transaction success rates. Now, allowing alternatives to one-time passwords (OTP) for authentication is expected to make the system more efficient. Speaking to TOI, Visa’s head of products and innovation for South Asia, Ramakrishna Gopalan,…
NEW DELHI: Asian Infrastructure Investment Bank chief economist Erik Berglof says that US tariffs have created more uncertainty than the Covid pandemic or the global financial crisis and argues that global supply chains are here to stay. Excerpts from an interview with TOI:What do you make of current global situation in the wake of the…
MUMBAI: After briefly catching up with credit growth, bank deposit growth has again begun to lag advances. Early business updates from banks for the September quarter show a mixed trend, with some lenders-such as HDFC Bank-deliberately slowing credit expansion to maintain balance sheet stability. According to RBI data, deposits of scheduled commercial banks grew 10.4%…
MUMBAI: From smartphones priced over Rs 20,000 to large TV sets, washing machines, premium furniture and AI appliances, Indians splurged on big-ticket purchases and upgrades this Navratri-Dussehra season, keeping up with the premiumisation trend that has been defining festive shopping for quite some time now. Savings made from GST reductions have only allowed more people…
Lucknow: Commuters between Parivartan Chowk and Hussainabad are facing difficulty because of damaged road stretches and broken sewer manhole covers that are making one of the busiest routes in the city risky for motorists and pedestrians alike. This road, connecting the central part of the city with heritage landmarks like Bada Imambara and Rumi Darwaza,…
Lucknow: To ease traffic congestion in the city, a mega infrastructure project is set to take shape. The Lucknow Development Authority (LDA) has prepared a detailed project report (DPR) for a 14km elevated road from Polytechnic Crossing to Kisan Path and submitted it to the state govt. Setu Nigam will undertake the construction.A senior LDA…
Lucknow: The Uttar Pradesh Food Safety and Drug Administration (FSDA) issued urgent directions to all drug inspectors across the state to collect and test samples of cough syrups. This action follows reports from Madhya Pradesh that a contaminated batch of ‘ColdRif Syrup’, manufactured by Sresan Pharmaceutical, was found to contain diethylene glycol, a toxic substance…
JAIPUR: Princely states are long gone, but the ‘Maharaj’ has lingered. Now, Rajasthan high court has drawn a line.Justice Mahendra Kumar Goyal directed descendants of the former Jaipur royal family to drop the prefixes “Maharaj” and “Princess” from their ongoing petitions or see their 24-year-old case dismissed. The court set Oct 13 as the final…
Lucknow: Assistant professor of the English department at Dr Ram Manohar Lohia National Law University (RMLNLU), Alka Singh, has been awarded a prestigious grant by the Moscow State Institute of International Relations (MGIMO University).Her visit will be fully sponsored to facilitate her participation in the 7th International Conference, titled “The Magic of Innovation: Linguistics and…
