'Obviously, this has been done to give an exit route to some accused.'
The Supreme Court on Tuesday sought data on the beneficiaries of Section 6A of the Citizenship Act in Assam, saying there was no material before it which could indicate that the effect of granting Indian citizenship to Bangladeshi immigrants between 1966 and 1971 was so great that it impacted the demographic and cultural identity of the border state.
Italy's new soccer match-fixing scandal gained momentum, when legal testimony showed former Atalanta captain and Italy midfielder Cristiano Doni admitting his role in illicit betting.
The paper seems to be suggesting strongly that the tight target range be maintained even as the central bank is all set to miss the target range for three consecutive quarters because of the Covid crisis.
Pakistan fast bowler Mohammad Irfan has been suspended for a year and fined 1 million rupees ($9,500,00) after failing to disclose two approaches made by bookmakers during this year's Pakistan Super League (PSL), the Pakistan Cricket Board (PCB) said on Wednesday.
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
Having successfully executed the merger with parent HDFC, HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every four years. In a letter to the over 4,000 employees from HDFC who joined the bank's rolls on Saturday, Jagdishan said the future is bright, and the work on realising the potential of the merger starts now. "The runway for financial services and mortgage, which are so underserved and under penetrated, is going to be very large. HDFC Bank - the combined entity - with a large and growing distribution and customer franchise, more than adequate capital, healthy asset quality and profitability, will be best positioned to capture growth.
Balanced advantage funds have the potential to earn superior risk-adjusted returns for the investor and offer a smoother investment journey.
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
According to experts, one of the primary causes of toxic behaviour is a lack of adulting in men and women.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
A person who has cancer and doesn't have any health insurance will find it difficult to buy a regular hospitalisation cover. An indemnity-based cancer plan may cover them.
India pacer S Sreesanth and two other players of Rajasthan Royals, Ankit Chavan and Ajit Chandilia, have been arrested by the special cell of the Delhi Police on charges of spot-fixing in the ongoing IPL 6.
Tennis was rocked on Monday by allegations that the game's authorities have failed to deal with widespread match-fixing.
The government can issue recapitalisation bonds, or the RBI's huge reserves of over $127 can also be dipped into to help the state-owned bank's recapitalisation needs.
Men's hockey team captain Harmanpreet Singh on Saturday admitted India will have to focus on conceding fewer goals from the touchline and create more scoring opportunities.
The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low. This has led to a renewed focus on fast-moving orders. A mix of factors such as commodity price fluctuations, robust order inflow and strong sectoral demand have put capital goods order book in the fast lane, analysts and company executives said. L&T, with its large presence in the capital goods sector, is often seen as the bellwether for trends in this space.
Public sector banks, in a frenzy to cash in on the retail credit boom during the three years beginning 2003-04
'There is no reason to anticipate a drastic change in Canada's attitude towards Indian students.'
It is a toss-up between liquidity and higher returns; if the tenure is more than three years, FMPs score.
The transmogrification of Prime Minister Modi to Saint Modi began with the ground-breaking ceremony of the Ram temple in Ayodhya. By identifying himself with Lord Ram, Modi raised himself in popular imagination to a saintly person.
In a letter to the prime minister, Ali also demanded that he be provided enhanced security in view of an "escalation of threats" against him.
'Of the 202 debates, 79 were around attacking Pakistan and 66 attacking the Opposition and Nehru.' 'The PMC Bank scam where thousands of depositors lost their savings got just one,' points out Vanita Kohli-Khandekar.
Honda Motorcycle and Scooter India (HMSI), India's second-largest two-wheeler maker, on Wednesday revealed its electric vehicle (EV) roadmap, which includes setting up a dedicated EV factory, launching the first two EVs in 2023-24, and establishing 6,000 battery exchange points in the country. HMSI plans to establish a specialised unit for the manufacturing of electric vehicles (EVs), named 'Factory E', at its Narsapura plant located in Karnataka. Factory E will be created by converting an existing production line that currently manufactures internal combustion engine (ICE) vehicles, said Atsushi Ogata, HMSI managing director and chief executive officer.
News of all that's transpired on and off the football field.
Chief selector Chetan Sharma on Tuesday opened a can of worms during a sting operation conducted by a TV channel as he revealed how Jasprit Bumrah wanted to play for the Indian team despite struggling with an injury last year.
Given the politics behind it all, one possibility is for binding the governor to act according to the decisions of the state government and clarifying his position vis a vis bills and resolutions passed by the state assembly -- or, re-enacted if returned, points out N Sathiya Moorthy.
The Committee of Administrators (CoA) has suggested the Supreme Court to take stern action against those named in the Justice Mudgal panel dossier, currently in a sealed envelope with the apex court.
Law Minister Arjun Ram Meghwal will attend the meetings of the committee as a special invitee, while legal affairs secretary Niten Chandra will be secretary to the panel.
'Trust me, the comeback of Leo Messi only depends on him.'
Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.
It was only a matter of hours before I would be declared persona non grata; all my work would turn to ashes, and I would be revealed as a typical untrustworthy Indian. I steeled myself for the axe to fall.
The Reserve Bank of India's move to raise ceiling on NRE rupee deposits have prompted IDBI, Union Bank of India and Yes Bank to increase interest rates on fixed deposits of non-resident Indians.\n\n
Seven times world champion Lewis Hamilton was seventh for Mercedes and Lance Stroll collected the final point for Aston Martin.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. RBI Governor Shaktikanta Das announced the rate hike today. In the meeting of the Monetary Policy Committee (MPC) that started on Wednesday, five of the members of the MPC voted to hike the key lending rate, repo rate, by 50-basis points (bps).
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.
Over 250 eminent citizens, including former judges and ambassadors, have written to the President and Chief Justice of India calling for strong action against online news portal NewsClick, which is alleged to have received dubious funds from American billionaire Neville Roy Singham to spread Chinese propaganda.
Irrigation woes have contributed to the problem of stubble burning in the state, reports Sarthak Choudhury.
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