US bank Citigroup on Wednesday announced the sale of its Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans, to private lender Axis Bank for Rs 12,325 crore, as part of its plans to exit retail operations in 13 markets.
This year, former Japanese Prime Minister Shinzo Abe has been conferred Padma Vibhushan for his achievement in the field of public affairs.
The actor-turned-politician whose criticism of Prime Minister Narendra Modi has grown progressively sharper, didn't figure on the BJP's list of candidates for the Lok Sabha polls.
Food Minister Ram Vilas Paswan sought to shift the blame on states saying they are equally responsible for keeping the prices of essential commodities under control
It was a day of mayhem for the main opposition party as S M Qamar Alam, a national general secretary of the RJD, walked to the chamber of Vidhan Parishad Acting chairman Awadhesh Narain Singh along with four others to tender their resignation. The other MLCs who resigned are Sanjay Prasad, Radha Charan Seth, Ranvijay Kumar Singh and Dlip Rai.
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
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Chirag Paswan is young. He is articulate. He has no political baggage. All he needs is the blessing of Chanakya, observes Asmita Bihari.
Bharatiya Janata Party leaders Sarbananda Sonowal, Jyotiraditya Scindia and Narayan Rane, all of whom are being seen as probables for induction as ministers in the Modi government, arrived in the national capital on Tuesday amid indications that the Union Council of Ministers is likely to be expanded on Wednesday.
"If the current Chief Minister again wins this election by mistake then our state will lose. Our state will again stand on the verge of getting ruined. "I wonder how he promotes casteism. It is not appropriate to imagine the development of Bihar under the leadership of a person who promotes communalism," Paswan said while launching the party's manifesto for the Bihar assembly polls.
The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.
Paswan also said that BJP leaders were free to throw barbs at the LJP, as part of their "coalition dharma", but he would always hold Prime Minister Narendra Modi in high regard.
Lok Janshakti Party chief Ram Vilas Paswan has fielded himself and two close relatives including his son and brother, to contest the Lok Sabha polls in Bihar.
The Power Of The Dog and Dune lead the pack while films like King Richard, Belfast and West Side Story grab quite a few noms.
Two Rajya Sabha MPs from Gujarat -- BJP president Amit Shah, now Home Minister, and Smriti Irani, who has got the women and child development ministry -- have won the Lok Sabha polls, thus creating two vacancies in the Upper House of Parliament from the state.
Addressing his first election rally in poll-bound Bihar, Prime Minister Narendra Modi on Friday paid tributes to the soldiers from the state who had made the supreme sacrifice in the Galwan Valley clash and the Pulwama attack.
Paswan's statement came on a day when he was excoriated by Union Minister Prakash Javadekar, who called the LJP leader a "vote Katua" (splitter of votes) and accused him of trying to create a confusion by harping on his equations with senior leaders of the saffron party.
The inquiry will bring under a scanner Arun Shourie, the then disinvestment minister, and Bharat Hotels Chairperson Jyotsna Suri.
"Where did we make any statement against the party? We wanted to draw the attention of the party high-command to the fact that we were not able to deliver on things promised in the manifesto for which the public elected us," Vishvendra Singh said in a video message.
JD-U MP Harivansh filed his nomination as the ruling NDA candidate to the Rajya Sabha deputy chairman's post and is likely to be elected, even as the Opposition is working to field a joint candidate against him to force a contest.
Steve Waugh said that Kohli is loved by the fans for his attitude of not being intimidated by an opposition.
Photographer G Venket Ram brought celebrated artist Raja Ravi Varma's paintings to life for his 2020 calendar.
There have been media reports that the LJP was unhappy over the return of the Hindustani Awam Morcha-Secular into the National Democratic Alliance fold and contempleting fielding candidates against JD-U nominees.
The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of both banks.
A number of senior faces from the outgoing cabinet including Rajnath Singh, Nitin Gadkari, Nirmala Sitharaman, Ravi Shankar Prasad, Piyush Goyal, Narendra Singh Tomar and Prakash Javadekar are expected to figure in the new cabinet.
The Ramayan offers important life lessons.
Reader Vilas Deshmukh spotted McLaren's Formula One driver Lewis Hamilton in Bahrain.
The legendary dancer did not just take Kathak to the world but also passed on his craft to generations of students
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Paswan, who has chosen to plough a lonely furrow in the ongoing assembly elections, reiterated that the LJP was and will remain loyal towards the BJP, which was staring at the spectre of yet another "paltimaar" (volte face) by the JD-U president.
Both factions moved swiftly to take control of the party a day after Paras, the youngest brother of Paswan's father and party founder Ram Vilas Paswan, was recognised by the Lok Sabha secretariat as the leader of the Lok Janshakti Party in the House.
'The main characteristic of Bihar politics is that it has always affected Delhi.'
Wicketkeeper Quinton de Kock will return for South Africa in the last Test against England after recovering from a knee strain suffered while walking his dogs, Cricket South Africa said on Wednesday. Dane Vilas, who substituted in last week's third Test defeat in Johannesburg, was released to play for his provincial team after De Kock passed a fitness test. The fourth Test, at Centurion Park, begins on Friday and England have an unassailable 2-0 lead.
the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.
The invite to Paswan from the BJP assumes significance as this made it clear that the LJP remains a member of the NDA despite walking out of the alliance in Bihar during the state assembly polls.
The prime minister may go for new faces with an eye on grooming younger leaders while also factoring in caste and regional balances
'Maybe the BJP believes, in the post-poll scenario, it will have the might to foist, anybody endorsed by the RSS, upon Bihar,' observes Mohammad Sajjad.
Insiders say the BJP is now concerned the LJP putting up a good fight against the JD-U would mean benefitting the MGB in those seats. Moreover, Chirag and Tejaswi are known to be friends, and the former is battling for his political survival.
Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.
