The Reserve Bank of India (RBI) has given HDFC Bank six months to migrate HDFC's home loan customers to external benchmark linked lending rate (EBLR), top sources in the bank told Business Standard. Almost half of HDFC's 5.4 million customers are home loan customers. It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark. Non-banking financial companies do not have such a mandate.
Akansha Ranjan dropped in on Athiya and Rahul in Munich and posted images from her visit that makes us go awwwwww.
This is the first bill passed by the Lower House of Parliament in the Winter session, which began on Monday.
The Bharatiya Janata Party on Wednesday stepped up its protest against Rahul Gandhi for his 'panauti' jibe against Prime Minister Narendra Modi and urged the Election Commission to take action against the Congress leader.
Union Home Minister Amit Shah should tell from where do Kuki militants get rifles and ammunition, it said.
Out of favour India batter Hanuma Vihari will be leading the South Zone squad in the upcoming Duleep Trophy tournament.
R Madhavan's Rocketry: The Nambi Effect has won the National Award for Best Feature Film while Alia Bhatt and Kriti Sanon shared the Best Actress award for their roles in Gangubai Kathiawadi and Mimi, respectively.
"We will work out the parameters then we will see as to how mentioning will be done," he said.
When the Chair asked Chowdhury to raise a point of order, Goyal stood up and said that he would not allow the Congress leader to speak in protest against the disruption of the external affairs minister's statement earlier in the day on India's foreign engagements since the Budget session.
Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.
Some of them also flagged a lack of consultation before finalising the reports.
The ED officers are conducting raids at 15 places in the state during the day and Sajahan's house is one of them, an officer said.
The opposition parties are seeking the President's intervention in the matter, claiming that violence in the BJP-ruled northeastern state is continuing unabated.
Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book 'Breaking the mould: Reimagining India's economic future', written jointly by him and Rohit Lamba, assistant professor of economics at Pennsylvania State University, Rajan said one of the greatest strength of India is its human capital of 1.4 billion and the question is "how do you make it strong?" The nation needs to create jobs at every level going along the path of development, said Rajan, presently Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth, USA.
The bride and groom complemented each other in red and white Manish Malhotra ensembles, and made loved-up pictures on social media.
The Union Cabinet on Tuesday gave its nod to the Government of National Capital Territory of Delhi (Amendment) Bill, which will replace the ordinance promulgated by the Centre on May 19.
Karan Johar gave Bollywood a night to remember at the special screening of his new film, Rocky Aur Rani Kii Prem Kahani, in Mumbai.
Justice Chandrachud also dealt with questions about criticism by eminent lawyers on the allocation of cases to particular judges and 'bench hunting', and said the allocation of cases is not "lawyer-driven" and vowed to maintain the credibility of the institution of the Supreme Court.
The demonstration was held by the protesting school job aspirants at Camac Street in South Kolkata, where TMC national general secretary Abhishek Banerjee's office is located.
The bill seeks to reserve one-third of all seats for women in the Lok Sabha and the state legislative assemblies.
'It is not his doing, but Rahul Gandhi is forced by circumstances.' 'In taking political decisions, everything has to get his clearance.'
Party sources are tight-lipped about the fate of Tyagi, who is a trusted aide of Kumar, the party's supreme leader, but has reportedly often left the latter embarrassed by going public on issues without waiting for a nod from the boss.
Mamata asserted that she has not spoken to anyone in the Congress on seat-sharing in the state for the upcoming Lok Sabha polls.
'The consecration of Ram Lalla in Ayodhya has demoralised them.' 'And, now it is reflecting in their individual reactions as they are losing hope to take on the BJP in 2024.'
Gandhi spent around 20 minutes at the party office and met Shiv Sena - Uddhav Balasaheb Thackeray MP Sanjay Raut and others.
The court said it was dissatisfied with Mishra's answers to its queries during his appearance before it in the previous hearing.
Rajya Sabha Chairman Jagdeep Dhankhar, Prime Minister Narendra Modi and Lok Sabha Speaker Om Birla will lead a function in the Central Hall of Parliament on Tuesday to celebrate the country's rich parliamentary legacy and resolve to make India a developed nation by 2047.
Strong demand in the domestic market, coupled with an increase in raw material prices, is pushing up steel prices. According to SteelMint, a market intelligence and price reporting firm, the list price of flat steel has seen an increase of Rs 750-2,000 per tonne for October deliveries. The long steel price witnessed an increase of Rs 1,500 per tonne towards the end of September.
The Lok Sabha witnessed a heated debate Friday on an Ethics Committee report recommending Trinamool Congress MP Mahua Moitra's expulsion in the cash-for-query issue, with the Opposition demanding she be allowed to speak in the House, and the government contending her views were heard by the panel.
Even when it comes to the ramp, Kapil Sharma wants to have fun.
Sukanya Verma recaps everything we learned this year in showbiz.
All the 26 people working there were from the Malda district of West Bengal.
In a memorandum submitted to Manipur Governor Anusuiya Uikey, the 21 opposition MPs who signed the document demanded urgent rehabilitation and resettlement of the affected people to bring peace and harmony to the state.
Chowdhury said the voice of the Opposition has been "ignored" and that is not good for democracy.
Sources said the report of the law panel on simultaneous polls is not yet finalised. They said "some more things are required to be done", indicating that the law panel will be invited again by the high-level committee.
With more than a 100 runs still to get, it would be an uphill task for Maharashtra to turn the match around on Day 3.
A belligerent century from India all-rounder Shivam Dube brought Mumbai back into the contest against Uttar Pradesh.
Bharatiya Janata Party on Tuesday announced the name of Vadodara deputy mayor Ranjan Ben Bhatta as its candidate for the Vadodara Lok Sabha seat vacated by Prime Minister Narendra Modi.
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
'If they (Congress) want a holiday (in Parliament) on December 26, it can be put forth before the business advisory committee and we will then need to extend the session by a day'