Midcap IT cos to outpace large firms in growth
Analysts predict midcap IT firms will likely surpass large caps in the June quarter, showing steady deal signings despite economic uncertainties. While large caps, except Infosys and LTIMindtree, may face revenue declines, midcaps like Coforge and Persistent are expected to grow. Cross-currency tailwinds should further bolster earnings.
RBI seeks ‘borrower ID’ to reduce credit score errors
RBI is advocating for a secure, unique borrower identifier to eliminate data duplication and inaccuracies within credit bureaus, ultimately aiming to improve loan accessibility. This initiative is coupled with the development of a unified lending interface and the exploration of digital rupees for targeted lending programs.
SBI flags Anil Ambani’s RCom loan a/c as fraud
SBI has classified Reliance Communications’ loan account as fraudulent, implicating former director Anil Ambani and planning to report him to the RBI. This action, stemming from a 2020 forensic audit, triggers legal challenges amidst RCom’s insolvency proceedings. Allegations include significant fund diversions to connected parties, prompting accusations of unfair targeting against Ambani.
Dosa to cake: ‘Ready to cook’ meals heat up
Ready-to-cook meals are experiencing a surge in popularity, doubling in volume over the past two years as 18 million more households embrace the convenience. While ready-to-eat options decline, consumers increasingly favor semi-cooked alternatives that offer a balance of speed and a home-cooked feel.
IND vs ENG, 2nd Test: Gill stands tall; India – 310/5 on Day 1
Shubman Gill stamps authority with an unbeaten ton on a day when India’s Playing XI hogged a lot of limelight in Edgbaston. The visitors made as many as three changes to their team sheet. While Jasprit Bumrah’s absence also raised eyebrows, it was the obsession with batting depth that was the major talking point.
Wimbledon:Alcaraz, Sabalenka cruise into third round; Fonseca makes history
Wimbledon 2025 witnessed top seeds Carlos Alcaraz and Aryna Sabalenka securing their third-round berths after a turbulent start. Alcaraz defeated British wildcard Oliver Tarvet, while Sabalenka overcame a tough challenge from Marie Bouzkova. Joao Fonseca, the rising Brazilian star, continued his impressive run.
Daily Horoscope Today, July 08, 2025: Astrological Predictions for All Zodiac Signs
Discover what the stars have in store for you on July 8, 2025! Each zodiac sign receives guidance on navigating career, love, and personal growth. From Aries trusting their inner voice to Pisces following their intuition, the horoscopes offer cosmic tips, lucky numbers, and colors to help you make the most of the day.