A day after the RBI put in public domain a draft scheme of merger of Lakshmi Vilas Bank (LVB) with subsidiary of Singapore-based DBS, public sector banks' officer union AIBOC on Wednesday said the amalgamation is not in the national interest and demanded the consolidation with any PSB. The proposed amalgamation of the cash-strapped LVB with DBS Bank India seems to be a ploy to provide entry of foreign banks into the country in a big way, All India Bank Officers' Confederation (AIBOC) president Sunil Kumar said. The Indian banking sector provides huge opportunity for growth, so the foreign banks have been looking at inorganic route to expand their presence for long, he said.
In the last couple of weeks, the Chinese forces have brought in heavy air superiority aircraft like the Sukhoi-30 and its strategic bombers to the rear locations which have been detected flying near the Indian territory maintaining the 10 km plus distance from the boundary.
The highlight of the occasion, according to officials, is an address to a special gathering in the morning by President Xi Jinping, who cast himself in the mould of Mao Zedong, the founder of the Communist Party of China as it is officially called.
Saurav Chordia's morale patches celebrate bravery and glorify events that are significant for different IAF units or squadrons.
Google has emerged as top choice in the Top 100 Ideal Employer Rankings in a survey conducted among Indian management and engineering students.
On October 29, WhatsApp announced it was suing NSO Group for selling its software, Pegasus, which has the ability to compromise a device and get access to all of a target's data. Spooked by revelations that activists and journalists were spied upon by using NSO Group's spyware, many have moved to alternative messaging platforms such as Signal and Telegram.
Lewis Hamilton tightened his grip on securing a fifth Formula One world title by coming from nowhere to claim a stunning pole position for the Singapore Grand Prix in his Mercedes on Saturday.
Many Black athletes have spoken out about their treatment by the police.
Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek.
'Oscar has been given to A R Rahman.' Ringa Ringa Ringa, Choli ki peeche kya hai -- What's the difference? Exactly the same. Also, Jai ho.' 'I did Ramba ho in 1985.' 'Rahman combined three of my songs and got Best Original Score.' 'The Ho came from me.' 'Bappi Lahiri brought the Ho to Bollywood.'
Here are some of the glimpses from the celebration.
The massive exercise code-named Iron First 2016 would involve the participation of 181 aircraft departing from multiple bases, and demonstrate a synchronized aerial ballet that would showcase its deadly combat capability over the entire spectrum of aerial operations.
'The real significance of the visit lies in the extent of the receptivity in Myanmar of the account of Chinese perfidy given by India's military and civilian top brass and how they assess the danger to themselves of dancing with the dragon,' notes Ambassador T P Sreenivasan.
'Instead of getting rehabilitated in Bollywood, I have forced into legal hassles while everyone else watches the drama.'
Zverev has not lost to Wawrinka in two previous meetings but is not taking the 2014 Melbourne Park champion lightly.
Sania Mirza and Cara Black crashed out of the French Open after being humbled yet again by their nemesis, Su-Wei Hsieh and Shuai Peng, in the women's doubles quarter-finals.
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