The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.
In the fourth such instance, Tamil Nadu Governor R N Ravi on Tuesday walked out of the state assembly without reading his customary address after alleging that the national anthem was insulted, evoking a sharp response from Chief Minister M K Stalin, who dubbed his action as an 'insult' to the House and the people of the state.
'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'
The embassy also said that the exit must be undertaken in coordination with the mission.
Iran has put forward a comprehensive 10-point framework that it says forms the basis of a complete resolution.
'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.
The budget session of the Delhi Assembly concluded with over 15 hours of legislative business. Speaker Vijender Gupta voiced concerns over the opposition's conduct during the session.
In a federal democracy, the people must have a say (indirect or direct) in an office as important as that of governor. Especially in a governor who can now effectively veto a bill by simply refusing to sign it, argues Harishchandra.
'The BJP is pouring in money so that only BJP candidates are visible everywhere.' 'If the Congress does not win this time, its survival itself will be a problem...'
Donald Trump's inconsistent statements and actions regarding the conflict with Iran have drawn criticism and confusion, raising questions about American credibility and the direction of US foreign policy.
By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.
What is the reason behind this drying up of talent for the top post in private banks?
The Delhi government, now led by the BJP, has withdrawn all cases filed by the previous AAP administration against the Union government, the Lieutenant Governor, and several senior bureaucrats.
An air ambulance crashed in Jharkhand's Chatra district, killing all seven people on board. The incident has sparked grief and calls for investigation into the flight's approval during inclement weather.
Only bona fide victims would be compensated by banks within five days of receiving the complaint.
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.
The Directorate General of Civil Aviation (DGCA) has launched an investigation into the air ambulance crash in Jharkhand's Chatra district that killed all seven people on board. Two teams from the DGCA are probing the accident, while families mourn the loss of their loved ones.
The Bharatiya Janata Party Parliamentary Board on Monday appointed party national general secretary Tarun Chugh as the central observer for the election of the legislature party leader in Manipur, indicating the possible formation of a popular government in the Northeastern state.
Uttarakhand Governor approves the Uttarakhand Minority Education Bill 2025, abolishing the Madrasa Board and establishing a uniform law for all minority educational institutions.
Banks cannot treat compliance as a quarter-end activity, and must have stronger operational discipline and data governance throughout the year, Reserve Bank of India (RBI) Deputy Governor Swaminathan J said in a speech at the Third Annual Global Conference of the College of Supervisors.
The future of India will be shaped and decided by the choices the RSS makes now, argues Colonel Anil A Athale (retd).
There was 'no sign' of survivors after an aerial search of the crash site of a plane carrying 49 people in Russia's Far East, according to media reports.
'Salman is a very hard-working actor whose diligence I have to commend despite the fact that during the shoot, my heart was in my mouth.'
Delhi government mandates 50% work from home for offices and private establishments under GRAP stage three due to severe air pollution. Essential services are exempted.
The FBI is offering a reward for information about an Indian national wanted in connection with the 2017 murder of an Indian woman and her son in New Jersey. US authorities are urging India to extradite the suspect, Nazeer Hameed.
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
"I would much rather see a Democrat, who has had a record of success, WIN, than a Communist with no experience and a record of COMPLETE AND TOTAL FAILURE," Trump said.
New York City is preparing to elect a new mayor, with Zohran Kwame Mamdani, of Indian descent, leading the race. The election features Mamdani against Andrew Cuomo and Curtis Sliwa.
President Droupadi Murmu offered prayers at the Lord Ayyappa temple in Sabarimala, becoming the first woman head of state to visit the shrine. She participated in traditional rituals and ceremonies during her visit.
Jammu and Kashmir Chief Minister Omar Abdullah on Monday left his official residence on foot for his office at the Civil Secretariat in Jammu, marking the resumption of the biannual 'Darbar Move' after a gap of four years.
From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.
His victory means that his party will have to learn from him, because after the rise of Donald Trump, the Democrats have been in disarray. They have had no real answer to the Trump phenomenon and Zohran, with his emphatic and clear policies aimed at working class Americans offers them a national path for a return, asserts Aakar Patel.
Zohran Mamdani has been elected as the Mayor of New York City, becoming the first South Asian and Muslim to hold the position. He defeated Republican nominee Curtis Sliwa and former New York State Governor Andrew Cuomo.
Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
Former Sindh governor Mohammad Zubair also lashed out, alleging Naqvi dropped Pakistan's top players, leading to team's three consecutive defeats at the hands of arch-rivals India.
Buildings were decorated with colourful lights and earthen lamps dotted houses as people across the country thronged temples and celebrated Diwali with pomp on Monday.
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
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