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Formal retail credit access doubles over past decade

Representative image MUMBAI: India’s formal retail credit penetration more than doubled over the past decade, with the share of consumers who accessed credit at least once rising from 35% in March 2017 to 74% in March 2026, even as the credit-eligible population expanded from 79 crore to 89 crore.The expansion was accompanied by a sharp...

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Muhammad Ali’s timeless lesson on service, courage, and purpose

Daily inspiration: “Service to others is the rent you pay for your room here on earth”: How Muhammad Ali’s courage to fight injustice and inspired generations beyond the boxing ring (Image via Getty) Muhammad Ali is remembered as one of the greatest athletes the world has ever seen. But the story behind his success goes...

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Anti-paper leak bill clears Parliament; PM Modi says it will build a credible exam system

Amid opposition’s walkout, Rajya Sabha clears it by voice vote NEW DELHI: Parliament on Thursday approved a bill to amend the anti-paper leak law, prescribing stricter punishment, with Prime Minister Narendra Modi saying an important step towards building a credible exam system has been taken.In a selfie-video message, the Prime Minister asserted that gangs behind...

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Parliament passes Vande Mataram bill

Vande Mataram Bill passed from Parliament Parliament on Thursday passed the Prevention of Insults to National Honour (Amendment) Bill, extending legal protection to national song Vande Mataram against insult and placing it on a par with the national anthem.During a brief discussion in the Lok Sabha, the DMK opposed the bill, accusing the government of...

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Release 3,500 cusecs of water to Tamil Nadu: Cauvery authority to Karnataka

Cauvery Water Management Authority upholds Karnataka water release directive to Tamil Nadu NEW DELHI: Upholding the Cauvery Water Regulation Committee’s order, Cauvery Water Management Authority on Thursday directed Karnataka to release 3,500 cusecs of Cauvery water daily to Tamil Nadu for the next 15 days. As per the direction, Karnataka will have to release a...

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Ukraine dials India, seeks peace role amid ship attack concerns

File photo: External affairs minister S Jaishankar with Ukraine foreign minister Andrii Sybiha NEW DELHI: External affairs minister S Jaishankar discussed attacks on commercial shipping and Indian seafarers in the Black Sea with his Ukrainian counterpart Andrii Sybiha, underscoring India’s position that such attacks by any party are absolutely unacceptable and condemned unequivocally. India had...

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