IndusInd Bank gets RBI nod to set up mutual fund asset management business
Posted on: 19 Aug, 03:19 PMIndusInd Bank has been granted permission by the Reserve Bank of India to invest equity capital into this new venture. Despite this development, IndusInd Bank's shares dropped by 1.07% to Rs 1,349.60 on the NSE. The bank continues to show financial growth.
FM Sitharaman asks PSBs to push deposit drive by taking 'concerted efforts' following RBI's consistent war
Posted on: 19 Aug, 03:19 PMFinance Minister Nirmala Sitharaman chaired a meeting in Delhi to review Public Sector Banks' performance. Discussions included areas like Deposit Mobilisation, Digital Payments, Cyber Security, and Access to credit under Financial Inclusion. Sitharaman urged banks to focus on efficient customer service, rural outreach, and increasing credit flow for initiatives like PM Surya Ghar Muft Bijli Yojana. Collaboration against fraud and cyber risks was also emphasized, along with implementing new credit assessment models for MSMEs.
How Tata Steel and JSW Steel will be impacted by SC ruling on mining royalty
Posted on: 19 Aug, 03:19 PMTata Steel, JSW Steel, and other mining companies might face increased costs due to additional state-imposed mining taxes, as per a Supreme Court decision. This could reduce profitability and impact the value chain, causing inflation. States are now authorized to levy taxes and claim backdated royalties, significantly affecting the financial status of impacted companies.
In-situ slum redevelopment scrapped, urban poor can build homes on land given by states under PMAY-U 2.0
Posted on: 19 Aug, 05:19 AMUnder PMAY 2.0, which subsumed slum redevelopment in other verticals, Centre targets construction of 3 crore new houses — 2 crore in rural areas & 1 crore in cities — over next 5 yrs.
Does GI tag bring more business? Mysore silk & Jardalu mango rose, not Kannauj attar
Posted on: 19 Aug, 05:19 AMIn Karnataka, the GI tag has increased demand for Mysore silk so much that supply can’t keep up. Jardalu mango from Bihar was exported for the first time in 2021.
setback won't deter BJP, it will rule for next 35 yrs, says Shah. Party sets 10-cr membership target" />
LS setback won't deter BJP, it will rule for next 35 yrs, says Shah. Party sets 10-cr membership target
Posted on: 19 Aug, 05:19 AMParty has a strong foundation, home minister tells BJP workers at a closed-door meeting. Sambit Patra says new members can join through missed calls, QR codes, NaMo app.
making his prison stint a poll plank to attack BJP in tribal Jharkhand" />
How Hemant Soren is making his prison stint a poll plank to attack BJP in tribal Jharkhand
Posted on: 19 Aug, 05:19 AMIn countless public meetings, the CM has brought up his 5-month incarceration, presenting himself as taking up the cause of tribals, the poor, and Dalits. Polls due in November-December.
active politics, TN BJP gets another crowd-puller, but ‘outsider’ image hangs heavy" />
In Khushbu’s return to active politics, TN BJP gets another crowd-puller, but ‘outsider’ image hangs heavy
Posted on: 19 Aug, 05:19 AMKnown for controversial statements & being a crowd-puller, the actor-politician, who had resigned as NCW chief, returns at a time when BJP state chief Annamalai is going on study leave.
Govt’s Rs 1000 cr fund for space sector has drawbacks. It should bet on outcomes, not ideas
Posted on: 19 Aug, 05:19 AMGovernment as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian space sector, attracting investments from home and abroad.
Anna Canteens back in AP, but here's why Naidu may not deliver on 'Super 6' poll promises anytime soon
Posted on: 19 Aug, 05:19 AMAndhra Pradesh minister Nara Lokesh says previous Jagan govt 'took 3 yrs to implement their promises', adds that his father's govt will implement all promises 'in systematic manner'.
Centre considers common exam for SSC, Railways, public sector banks to streamline recruitment
Posted on: 19 Aug, 05:19 AMThis is only at the discussion stage right now, ThePrint has learnt. It is not yet clear whether the merger will be considered at the preliminary exam level or the mains as well.
family fought 60 yrs for land illegally taken over by state" />
Bahirats vs Maharashtra govt: How a Pune family fought 60 yrs for land illegally taken over by state
Posted on: 19 Aug, 05:19 AMIn rap to Maharashtra govt for dragging its feet in legal battle, SC has said it must increase compensation for 24-acre plot or its 'Ladli Behna, Ladli Bahu schemes' would be stopped.
Congress front & centre at Vinesh Phogat's Haryana homecoming. No BJP" />
Deepender Hooda at helm, Congress front & centre at Vinesh Phogat's Haryana homecoming. No BJP
Posted on: 19 Aug, 05:19 AMPolitical undercurrents marked Phogat’s roadshow as parties brace for assembly polls. Vinesh’s cousins too skip event, target her for forgetting Mahavir Phogat in her gratitude note.
'Unable to win on its own': Congress faces barbs from allies for ignoring INDIA parties in assembly elections
Posted on: 18 Aug, 07:19 PMIndia News: The Congress, which had ignored its INDIA (Indian National Developmental Inclusive Alliance) allies right through the assembly elections, is now at th
retain power at Centre if ... ': Mamata Banerjee's message after Congress's defeat in assembly elections" />
'BJP will not be able to retain power at Centre if ... ': Mamata Banerjee's message after Congress's defeat in assembly elections
Posted on: 18 Aug, 07:19 PMIndia News: Mamata Banerjee suggests that proper seat sharing among opposition parties can prevent BJP from winning the 2024 Lok Sabha elections. The Trinamool Co
issues on the agenda’" />
Modi to visit Moscow next week as Kremlin says ‘all issues on the agenda’
Posted on: 18 Aug, 02:19 PMIndian Prime Minister Narendra Modi will visit Moscow next week for the first time since Russia invaded Ukraine, a sign of the growing relationship between the two nations.
No golds for India: Why the world’s most populous country punches below its weight at the Olympics
Posted on: 18 Aug, 02:19 PMIndia, the world’s most populous country, is a serial underperformer at the Olympic Games. Here’s why.