IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.
IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.
Prime Minister Narendra Modi said on Friday that there have been no attempts from abroad to stoke trouble in India ahead of the Parliament's Budget session, which begins on Saturday. Modi's statement comes as his government prepares to present its first full-fledged budget in its third term. He expressed confidence that the Budget session will infuse new confidence and energy in attaining the goal of 'Viksit Bharat' by 2047, and said his government has been working in a mission mode for an all-round development.
In more than one way, it's a setback for the DMK and Chief Minister Stalin in political terms. The electoral fall-out, if any, will have to wait until the next summer, only when assembly elections are due in the state, explains N Sathiya Moorthy.
India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.
'Muslims in Bihar under Nitishji's rule are safest than anywhere else.'
'The answer is not for me to give. The answer either way has to be heard from the industry itself. Tell us why not if you are not doing it; tell us if you are doing it -- why should this question remain unanswered?'
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
On Thursday, the opening day of the movie itself, the Sangh Parivar came out with vehement criticism against the film on social media, while the Congress and a section of the Left platforms celebrated the film for portraying the right-wing politics as "villainous".
Livid PT Usha declares no confidence bid against her illegal
Prime Minister Narendra Modi paid homage to the memory of freedom fighter V D Savarkar in Marseille, France, where Savarkar had attempted a daring escape from British custody in 1910. Modi also inaugurated a new Indian Consulate in the city, marking a significant step in strengthening India-France ties. The prime minister's visit includes a series of engagements with French President Emmanuel Macron, including a visit to the Mazargues War Cemetery to honor Indian soldiers who died in the World Wars. They will also tour the International Thermonuclear Experimental Reactor (ITER) project.
Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda
'We will work together for the mutual benefit of the people of our two countries and shape a better future for the world.'
Ahead of the visit, officials from key government departments held intense discussions to identify key trade-related proposals.
Curran hasn't played for England since he featured in a white-ball series against the West Indies in November last year and was recently overlooked for the side's ICC Champions Trophy 2025 campaign
'And how we can take Indian cricket forward, that's the only aim anybody should have.'
Formula One drivers will need prior written permission from the sport's governing body to make "political, religious and personal statements"
Senior RSS leader Suresh Bhaiyyaji Joshi's call to drop the Aurangzeb tomb controversy challenges decades of communal rhetoric in Maharashtra, igniting hopes for unity and a balanced historical narrative.
The prolonged delay over electing J P Nadda's successor possibly stems from the RSS leadership wanting a person who is at least equidistant from the Sangh as well as the Modi/BJP edifice, observes BJP-RSS watcher Nilanjan Mukhopadhyay.
'Trump's aggressive stance towards China and preference for military posturing could shift the Quad's balance towards overt militarisation.'
'For the Indian economy to maintain a growth rate of 7 to 8 per cent, it needs large foreign direct investment coming in, and that's mainly coming from the US.'
China has toned down its rhetoric on fighting a trade or any other type of war with the US, saying that no such wars should be fought because they cannot be won. Foreign Ministry spokesman Lin Jian responded to US Secretary of Defence Pete Hegseth's remarks that his country doesn't seek a war with China, but will rebuild the military and prepare for war. However, on Tuesday, Lin had said that China is ready to fight till the end if the US wants a trade war or any other type of war. Hegseth said on Wednesday that the US is not actively seeking conflict with China, but is rebuilding its military and establishing deterrence.
'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'
Crime Beat is engrossing enough to binge-watch, endorses Deepa Gahlot.
'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'
Dream11, Baazi Games, Zupee and WinZO among others are invited for the discussion with the anti-money laundering watchdog.
The Waqf (Amendment) Bill, 2025 was passed in the Lok Sabha early Thursday, with 288 members supporting it and 232 against it.
A fourth COVID shot is unwarranted at the moment as most people in the country are yet to receive their third dose, they said.
The Coordinating Committee on Manipur Integrity (COCOMI) has condemned the imposition of President's rule in Manipur, calling it "undemocratic" and "most unfortunate." The Meitei body alleges the President's rule is a ploy to push the state into further turmoil and that the central government is using it as a means to shift the blame onto the BJP's alleged incompetency rather than addressing the real issues at hand. COCOMI also criticized the BJP legislators for failing to choose a new leader and demanded an immediate and time-bound process to elect a new leader and restore a government at the earliest.
Maharashtra Chief Minister Devendra Fadnavis on Thursday asserted that Marathi is the language of Mumbai and Maharashtra and anyone who lives here should learn and speak it. Fadnavis was speaking in the state assembly after Shiv Sena (UBT) MLA Bhaskar Jadhav said the government should clarify its stand on senior Rashtriya Swayamsevak Sangh (RSS) leader Suresh Bhaiyyaji Joshi's comments that a person coming to Mumbai may not necessarily learn Marathi.
Donald Trump is expected to sign a series of executive orders upon taking office, including those related to immigration, border security, energy and governance. These orders are intended to implement Trump's policy priorities, including restricting immigration, increasing energy production, and streamlining government operations. The executive orders will include declaring emergency on the southern border, preparing military deployment on the borders, classifying cartels as "foreign terrorist organisations", reinstating the "Remain in Mexico" policy, ending the "Catch and Release" policy, and declaring emergency related to energy. Trump is also expected to roll back some of the executive orders and actions of outgoing President Joe Biden, such as the Paris Climate agreement, lifting restrictions on fossil fuel production, and expanding domestic oil drilling.
'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
Tahawwur Rana, accused in the 2008 Mumbai terror attacks, has renewed his application to the US Supreme Court seeking a stay of his extradition to India. The Supreme Court will hear the application next month. Rana, currently detained in Los Angeles, claims his extradition would violate US law and expose him to torture in India due to his health and Muslim background. The US government has denied these claims and authorized his surrender to India, citing the Extradition Treaty between the two countries. The Supreme Court's decision will determine if Rana will face justice in India or remain in the United States.
'If only the then prime minister Jawaharlal Nehru had allowed the then home minister Sardar Patel to handle Jammu and Kashmir in the same manner he was handling other princely states of India, today the part of Jammu and Kashmir that is illegally occupied by Pakistan would have been a part of India and the issue of PoJK would have never have risen'
'If delimitation is not handled well by the Centre, the southern states are certainly going to challenge it.'
In a lengthy statement on X late Monday night, a defiant Kamra said those busy leaking his number on social media or calling him incessantly should know that it all goes to his voicemail where they will be subjected to "the very song" that they hate.
Posing a series of questions to the prime minister, Congress general secretary in-charge communications Jairam Ramesh also asked if Modi would convey to the US president that India would send its own aircraft -- like Venezuela and Colombia did -- to bring back Indian deportees in the future.
From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.
In a move sending a strong signal to China, foreign ministers from Quad countries -- India, Australia, Japan and the United States -- in a joint statement on Tuesday strongly opposed any unilateral actions that seek to change the status quo by force or coercion.
