War in Gulf, layoffs hit discretionary spends

MUMBAI: Consumers seem to be cutting back on discretionary spends, allocating more budgets to essentials and value purchases as a mix of war-driven uncertainty and layoffs have nudged people to tighten their purse strings and save more. Even as the US and Iran agreed upon a two-week ceasefire last week, the prospects of a peace…

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Set aside funds for likely defaults, RBI tells banks

Mumbai: A man walks past the RBI logo at RBI headquarters in Mumbai. (PTI Photo/Shashank Parade) Mumbai: Banks will have to start setting aside money for possible loan defaults in advance from April 2027, using mathematical models to predict losses instead of waiting for borrowers to actually miss payments, under RBI’s final rules issued on…

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‘Politics has its place’: Akhilesh Yadav visits BJP MLA who was injured while burning his effigy | India News

Akhilesh visits injured BJP MLA Anupama Jaiswal (Image posted Akhilesh on X) NEW DELHI: Akhilesh Yadav on Tuesday visited a hospital in Lucknow to check on the condition of BJP MLA Anupama Jaiswal, who sustained serious injuries while burning the SP leader’s effigy during a protest in UP’s Bahraich earlier this week.During his visit, Yadav…

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‘Happy holidays’: Amid death rumours, Netanyahu sends Nowruz greetings to Iranians in video message

“Light will triumph over darkness, good will triumph over evil”: Israeli PM Netanyahu wishes ‘happy holiday season’ to Iran Israeli Prime Minister Benjamin Netanyahu released a video on Monday wishing Iranians a happy Nowruz, the Persian New Year, even as Israel continues its war against Iran alongside its ally, the United States.In recent years, Netanyahu…

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‘Bade logon ko bachaya ja raha hai’: What NEET-UG leak case accused claimed after being arrested | Jaipur News

An accused in the NEET-UG 2026 paper leak case claimed “big people are being saved” while in CBI custody, intensifying speculation about influential players higher up the chain JAIPUR: One of the accused arrested by the CBI in connection with the NEET-UG 2026 paper leak case alleged on Wednesday that “big people” involved in the…

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