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The recent data on bank credit released by the Reserve Bank of India (RBI) reveals that the contraction in incremental credit outstanding to the services as well as the industrial segments, offset the entire growth in credit to the retail segment during the seven months of this fiscal. Within services, the credit outstanding to NBFCs has increased.

Bank credit rose 15 pc in December

Chennai: Bank credit rose by a robust 15 per cent in December, supported by 20 per cent growth in retail loans and 35...

6 Feb 2023 12:52 PM IST

Iconic singer Vani Jayaram. (Photo: Twitter)

Veteran singer Vani Jayaram passes away

CHENNAI: Iconic singer Vani Jayaram who has crooned over 10,000 songs in 19 languages, including the very popular Hindi...

4 Feb 2023 5:13 PM IST

Schools, colleges shut in 2 Tamil Nadu districts amid heavy rainfall

Schools, colleges shut in 2 Tamil Nadu districts amid heavy rainfall

Due to the Depression formed over the southwest Bay of Bengal, heavy rain lashes in Thanjavur and Pudukkottai districts

4 Feb 2023 10:17 AM IST

A scooterist uses a polythene sheet to protect himself as vehicles ply on a waterlooged road amid monsoon rains. (Representational Photo:PTI)

Heavy rain likely in southern Tamil Nadu today: IMD

In the wake of continuous heavy rainfall, schools and colleges in Nagapattinam and Thiruvarur districts have been shut...

2 Feb 2023 1:27 PM IST

A Goa-bound chartered flight from Russian capital Moscow with 240 passengers on board was diverted to Uzbekistan in the wee hours of Saturday following a bomb threat (ANI)

Chill weather hits late night, early morning flights

Between late Friday night and early Saturday morning alone, six flights were cancelled at the Chennai airport

29 Jan 2023 11:07 AM IST

Tamil Nadu Chief Minister O. Paneerselvam

Erode East puts OPS in a Catch 22 situation

Chennai: Caught in a Catch-22 situation on contesting the bye-election to the Erode East Assembly Constituency, O...

29 Jan 2023 10:29 AM IST

DMK President M K Stalin during an all party meeting with the main opposition to discuss the three farmer bills passed in the Parliament, at party headquarters in Chennai. PTI photo

Stalin launches website to monitor State PSUs

Chennai: Chief Minister M K Stalin launched a website – www.ccfms.tn.gov.in – for the Companies Compliances...

28 Jan 2023 7:57 AM IST

The DMK starting its campaign in the constituency ahead of even the Congress cadre grouping themselves to work for their leader was a clear indication of the ruling partys desperation to win the first bye-election after it assumed power for its alliance candidate and the rival camp was keen on thwarting it.DC File Image

Erode East might turn into a DMK vs AIADMK fight

Chennai: The electoral battle for the bye-election to the Erode East Assembly constituency is all set to turn into a...

27 Jan 2023 2:25 PM IST

On Thursday, too, the members of the protest committee said that there was no scope for any compromise with the government and that they would continue to oppose the project tooth and nail.Representational Image

Fourth Grama Sabha resolution against new airport in Chennai

Chennai: In the fourth consecutive grama sabha meeting, the people of Egnapuram village in Kanchipuram district passed a...

27 Jan 2023 2:02 PM IST

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

Indian GDP to grow 5.8%: UN

Chennai: As higher interest rates and a global slowdown weigh in on investment and exports, India is expected to grow at...

27 Jan 2023 1:41 PM IST

The then chief minister H D Kumaraswamy had resigned after losing trust vote, which paved way for BJP-led government in the state under B S Yediyurappa. (Photo: File)

BJP seeks to know Modiâ€™s chances to win in Tamil Nadu

Chennai: The BJP is said to have assigned a private agency with the task of ascertaining the chances of Prime Minister...

25 Jan 2023 12:57 PM IST

Government schools are not a part of the project as most of their students do not have smartphones.

5G replacements to help smartphone shipments grow in 2023

Chennai: The replacement demand driven by 5G devices is expected to fuel moderate growth in the smartphone market in...

23 Jan 2023 9:39 AM IST