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HDFC Bank to grow advances a ‘little slower’ than deposits to bring down credit-deposit ratio

Mumbai: In an effort to bring down its credit-deposit ratio to pre-merger levels and pursue profitable growth, HDFC Bank will grow its advances a “little slower” than deposits and avoid pursuing growth which does not meet the risk-adjusted profitability thresholds, according to MD and CEO Sashidhar Jagdishan. “Our focus would be to maintain adequate liquidity…

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NASA’s Sunita Williams explores watering plants in space: When will Starliner astronauts return to Earth?

‘How plant absorb water in microgravity?’ On Wednesday, NASA (National Aeronautics and Space Administration) reported that Indian-origin Sunita Williams and Butch Wilmore, who skyrocketed to space on Boeing’s Starliner spacecraft on July 5, “continued exploring ways to effectively water plants in the weightless environment”. The two NASA astronauts took turns in the “Harmony module”, testing…

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From FTX, Quadriga and Morris Coin to WazirX breach, a look at crypto scams and hacks across globe that shook investors

Much to the chagrin of cryptocurrency investors, WazirX, a leading crypto exchange, witnessed a massive security breach on Thursday in one of its multi-sig wallets, leading to the loss of over $230 million in withdrawals. The exploiter is reportedly selling the stolen tokens, which include $100 million worth of shiba inu and $52 million in…

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