Akshita Kapoor

[ad_1] NEW DELHI: The Reserve Bank of India (RBI) on Friday slashed the repo rate by 50 basis points to 5.5%, marking its third rate cut this year. Alongside, the Cash Reserve Ratio (CRR) has also been reduced by 1% to 3%, injecting Rs 2.5 lakh crore into the banking system. While this move brings relief for borrowers—home, auto, and other loans are expected to get cheaper soon—it spells concern for fixed deposit (FD) investors. As banks begin to transmit the repo rate cut, FD interest rates are likely to decline further in the coming months.What is the repo rate?The repo rate is the interest rate at which the Reserve Bank of India (RBI) lends money to banks for short-term needs. When the repo rate is lowered, banks can borrow funds at a cheaper rate. This often leads to lower […]

[ad_1] Rohit Sharma (left) and Rishabh Pant. Team India's vice-captain Rishabh Pant at the Mumbai airport on Friday said that he will miss former India captain Rohit Sharma in the upcoming five-match Test series, starting from June 20.This will be India's first bilateral Test series since both Rohit Sharma and Virat Kohli announced their retirement from Test cricket earlier this month. The team is undergoing a transition, with Shubman Gill taking over as captain and Rishabh Pant as vice-captain.At the airport, the paparazzi asked Pant, "Rohit Sharma sir kidhar hai (Where is Rohit Sharma?)"The 27-year-old replied: "Garden mein ghum rahe hai (He is roaming around in his garden)."When coaxed, whether he would miss the garden or not, Pant replied: "Garden ki bahut yaad aayegi (I am going to miss the garden a lot)."The series will be held from June to […]

[ad_1] Fformer Seattle Supersonics and LA Lakers star Gary Payton speaks at an event in Mumbai. Mumbai: Gary Payton can talk about defense all day, understandably so. So good were his defensive skills back in the day, they called him ‘The Glove’. So much importance he attached to the defensive side of basketball, he drilled it into his son Gary Payton II. He still does. And it’s why the Naismith Basketball Hall of Famer, considered one of the best point guards of all time, believes the 2025 NBA Finals featuring Oklahoma City Thunder and the Indiana Pacers is set to be a “great series”.“I think this is going to be a great series. I like it because they both play defense. With both teams, you got five guys on the floor at all times who can go at each other,” […]

[ad_1] BENGALURU: On Wednesday, Shivalinga left home to collect his transfer certificate (TC) from his school. He had just passed the Class 10 board exams — a proud milestone for his family. A passionate RCB fan, he took a detour to the stadium, excited in the hope of catching a glimpse of his favourite players and be part of the celebration. It was a fateful decision.“They brought his lifeless body back home,” said Mariyamma, his grandmother, breaking down as she reminisced her 17-year-old grandson.Shivalinga, a quiet and responsible son is from Honigere village in Yadgir district. His parents, both daily wage labourers, moved to the city 10 years ago hoping to give their children a better future. That future now looks dark and bleak.Mariyamma is even more pained that she had no inkling of the tragedy that had befallen them. […]

[ad_1] Luka Doncic and LeBron James via Jerome Miron, USA TODAY Sports The Los Angeles Lakers shocked the NBA world by acquiring Luka Doncic in February 2025, but could they make another seismic move by trading him for Giannis Antetokounmpo? With rumors swirling about Giannis’ potential departure from Milwaukee, fans and analysts are debating whether the Lakers should pull the trigger on a blockbuster swap. Why the Trade Idea Gained TractionGiannis Antetokounmpo’s future with the Bucks is uncertain, and teams like the Spurs, Rockets, Raptors, and Nets are considered frontrunners due to their draft capital and young talent. The Los Angeles Lakers lack comparable assets—except for Doncic, their newly acquired megastar. Some fans have floated the idea of trading Luka Doncic for Giannis Antetokounmpo, but The Athletic’s Jovan Buha dismissed the notion: "I would not. I think you could make […]

[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Idea Forge Technology, and Avantel are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for June 6, 2025:Bank NIFTYBenchmark indices extended their consolidation phase for the third consecutive week, reflecting a lack of directional conviction amid a backdrop of profit-taking at higher levels and macroeconomic event risk ahead of the RBI monetary policy outcome on Friday.The broader markets exhibited notable resilience, with the Nifty Midcap 100 and Small cap 100 indices climbing 1.3% and 3% respectively, signaling renewed risk appetite and accumulation in high-beta pockets of the market.From a technical standpoint, the Nifty continues to oscillate within a well-defined 17-session consolidation band, demarcated by support at 24,400–24,500 and resistance near the 25,050–25,080 zone. The 24,400–24,500 […]

[ad_1] Market experts anticipate consolidation with an upward trend. (AI image) Stock market today: The Indian stock market surged on Friday after the Reserve Bank of India (RBI) cut the repo rate by a sharper-than-expected 50 basis points, bringing it down to a three-year low of 5.5% to support slowing economic growth.Recovering from early losses, Nifty50 crossed the 24,900 mark by 11:15 am, while BSE Sensex climbed 723 points to 82,165.40.Earlier in the day, both indices had opened in the red ahead of the RBI's policy announcement. At 9:18 am, Nifty50 was trading 20 points lower at 24,731.05, while BSE Sensex was down 136 points at 81,306.31.The RBI’s rate cut comes as a move to stimulate economic growth, which has dipped to a four-year low of 6.5% in FY25. The reduction in the key lending rate is expected to ease […]

[ad_1] COIMBATORE: Malayalam actor Shine Tom Chacko's father died on the spot after the vehicle in which he was travelling with his family collided with a stationary truck near Palacode in Dharmapuri district.The 41-year-old actor, Shine Tom Chacko from Thrissur in Kerala state, sustained severe injuries in the mishap.Police said actor Shine Tom Chacko and his family members were travelling to Bengaluru from Thrissur in a car for a medical check-up for his father, CP Chacko.When the car was travelling near Paraiyur at Palacode in Dharmapuri district, the driver, Anis, 42, lost control of the car and hit a stationary truck. The front portion of the car was completely mangled, and the actor's father, Chacko, died on the spot.The actor Shine, his brother Joe John Chacko, and the actor's manager Anis sustained injuries. Upon receiving information, the Palacode police rushed […]

[ad_1] Nikhil Sosale (right) in a photo featuring Virat Kohli and Anushka Sharma. Sosale has been arrested by local police in the Bengaluru stampede case. The Bengaluru Police have arrested Nikhil Sosale, marketing head for Royal Challengers Bengaluru (RCB) at Diageo India, and three others from DNA Entertainment Networks on Friday morning in connection with the stampede that occurred during RCB's IPL victory celebrations on Wednesday. RCB's maiden IPL title celebrations turned tragic resulting in 11 deaths and 75 injured.The arrests took place following directions from Karnataka Chief Minister Siddaramaiah, who called for action against officials from RCB, DNA Entertainment, and Karnataka State Cricket Association (KSCA). Sosale was taken into custody at Bengaluru airport while attempting to travel to Mumbai.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Three staff members from DNA Entertainment Networks Pvt. Ltd have been detained […]