'It is an existential crisis. We cannot recover lost ground through social media. We need to forge alliances and reshape our ideological contours.'
The effort is to make the PM's interaction with the diaspora at Abu Dhabi's Sheikh Zayed Sports city stadium on February 13 the largest he has addressed.
The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.
Sources within the INDIA bloc said appointing Nitish Kumar as convenor would lend credibility to the INDIA bloc's demand for conducting a nationwide caste census.
Amit Shah wants to increase the party's nationwide vote share by at least 10 per cent from the 37.7 per cent it secured five years ago and ensure above 50 per cent vote share in the states where it came close to that benchmark, but couldn't cross it.
'Our missions do not have any reliable data on the number of Indians staying or working illegally in foreign countries,' the MEA says.
Rahul Gandhi's focus will be on his Nyay Yatra, rather than the INDIA bloc's election campaign, leading to speculation among allies that the Congress leader is already looking at the Opposition's fight beyond May 2024.
The outfit suggested that the government amend the Information Technology Act to classify all such content as pornography, which people should only be able to access by punching in their Aadhaar details or their fingerprints. Archis Mohan reports
More than ever before, women voters can make or mar a political party's electoral fortunes.
'Most of the bot attacks have originated from outside India.' 'Our firewalls are resilient and withstood the attacks.'
Jeetega Bharat has selected 125 Lok Sabha seats across the country where it will assist the Opposition alliance.
The Congress president during his year at the helm of the party has repaired the citadel for far more challenging years ahead, and played a crucial role in shaping the Opposition alliance.
The BJP holds 28 of the 59 Rajya Sabha seats that will soon face election.
The BJP and Congress are the top two beneficiaries of the electoral bonds, followed by the Trinamool Congress.
Seizures in poll-bound states see sharp rise since implementation of Model Code of Conduct.
Naveen Patnaik is known as an "absentee landlord" who needs bureaucrats like Pandian to run his government.
Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.
Net foreign direct investment (FDI) in India, inflows minus outflows, declined sharply in April-August this year to $2.99 billion from $18.03 billion in the same period last year on moderation in global activities and a rise in repatriation. The Reserve Bank of India's data (October 2023 bulletin) said FDI in India was $7.28 billion and FDI by India, that is money invested abroad from the country, was $4.28 billion in April-August 2023. As for 2022, FDI in India was $22.79 billion and FDI by India was $4.76 billion in April-August.
Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been under insolvency proceedings since May 2023 and ceased operating flights on May 3 this year. The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore.
Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase their volatility, according to analysts. The demerger plan, which would result in six separate listed entities, would require approval from shareholders, lenders and other statutory bodies. "We believe that a separate listing of different businesses would reduce the fungibility of cash flows across businesses and increase the volatility of cash flows.
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