An Indian Sikh woman who traveled to Pakistan as part of a pilgrimage has converted to Islam and married a Pakistani man she met online. Her disappearance is being investigated in India.
Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'
It said a small group of Khalistani extremists are continuing to use Canada as a base for fundraising and planning of violence primarily in India.
The Indian Embassy in Beijing has warned China's state-run tabloid Global Times to verify information before spreading it on social media. The embassy accused the publication of spreading disinformation about Indian military strikes on Pakistan's terror infrastructure. The embassy's statement comes after the Global Times published articles based on Pakistan Air Force claims about the strikes, which were later debunked by Indian authorities.
Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
The finance ministry is in favour of extending the August deadline for public sector banks (PSBs) as well as insurance companies to increase their minimum public shareholding (MPS) to the mandated 25 per cent, said a senior government official. "The election results will determine the course of action. "Most likely, those who did not receive an extension to meet the minimum shareholding norm will be granted one," the senior government official said.
Credit-to-deposit (CD) ratio of major public sector and private sector banks during the October-December quarter of FY24 inched up as compared to the previous quarter though government-owned lenders reported a lower rate than their private peers. CD ratio is the ratio of the funds that banks lend as compared to the funds raised in the form of deposits. The CD ratio of top public sector banks (PSBs) - State Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank - was lower than their private counterparts.
The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape. It enables travellers to pay for a cross-section of needs, including toll tax, retail shopping, and withdrawing money.
Almost all will say no. Then ask them why they don't push back at those who rise the slogan of Khalistan. Somebody would confront you with a counter-question: If people can talk of a Hindu Rashtra, why get so upset if others talk of a Sikh Nation, points out Shekhar Gupta.
India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
Channi has courted controversy during a poll rally by asking people not to let the 'bhaiyas' of Uttar Pradesh, Bihar enter the state, a remark apparently aimed at Aam Aadmi Party leaders.
Punjab and Air India entered the final of the second Hockey India Senior Men's National Championship after contrasting semi-final victories, in Bangalore, on Monday. While Air India came from behind to beat last year's runners-up Karnataka 3-2, Punjab outplayed defending champions Haryana 4-1.
Shri Ram Janmabhoomi Teerth Kshetra secretary Champat Rai said people from all communities have generously donated for the construction of the temple.
Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
Since its launch in April, helpline 155260 has been able to prevent more than Rs 18.5 million of defrauded money from reaching the hands of fraudsters.
'The honourable prime minister virtually handpicked me for the Amritsar East seat.' 'Amit Shahji announced that if I am elected, the whole of Punjab will be drugs free.'
The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India.
India has requested Pakistan not to charge the Indian pilgrims.
The Assam-Mizoram violence is an outcome of BJP trying too hard to 'integrate' distinct northeastern states, explains Shekhar Gupta.
The Kartarpur Corridor will connect the Dera Baba Nanak shrine in India's Punjab with Darbar Sahib at Kartarpur, just 4 kilometres from the International Border, located at Narowal district of Pakistan's Punjab province.
Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities.
In the latest standard operating procedures (SOP) regarding flying drones, the Central government has given powers to the local police to book a person under 121 and 121A apart from other IPC sections, depending on the nature of offence/threat and distance from the prohibited vital installation/area.
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
Several Indian intelligence agencies and experts have questioned Pakistan's intentions of opening the route.
The corridor will connect the Dera Baba Nanak shrine in India's Punjab with Darbar Sahib at Kartarpur, just about 4 km from the international border, located at Narowal district of Pakistan's Punjab province.
In another tweet, he congratulated his own government for completing the construction work on time.
The corridor will connect the Dera Baba Nanak shrine in India's Punjab with Darbar Sahib at Kartarpur, just 4 kilometres from the International Border, located in Narowal district of Pakistan's Punjab province.
"It is a matter of disappointment that while understanding has been reached on most of the elements for facilitating the visit of pilgrims from India, Pakistan continues to insist on levying a service fee of $ 20 per pilgrim per visit," the MEA said.
Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.
Reacting cautiously, MEA said an agreement has been signed between the two countries finalising the modalities for visits and India will stick to it.
A senior CBI official said Adani group is alleged to have 'over-invoiced' its loans to the tune of Rs 2,300 crore (Rs 23 billion) between 2011 and 2013.
United Bank of India has already declared Kingfisher a wilful defaulter while State Bank of India, Punjab National Bank and IDBI have initiated such a move.
When the Ajoka Theatre group went to Faridkot in India's Punjab state to perform its famous play 'Bullah' at a 'mela' honouring the Sufi saint Baba Farid on September 21, Indian officials asked its members to help them trace the family of a boy who had been detained after he illegally crossed the border in September last year.
The Reserve Bank of India (RBI) has asked banks not to treat Kingfisher Airlines' brand as collateral since it is intangible. This is because the loan has turned non-performing for most of the banks.
Earlier, the Reserve Bank of India was the approving authority.
They need to have 15 years of mainstream banking experience
Trinamool Congress described it as "Black Monday" and a dark day for the country's constitution, the idea of India, and the Rajya Sabha
The financial position of India's public sector banks (PSBs) has deteriorated sharply over the past financial year.
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