Growing up in the Mumbai of 1970s, Uday Kotak aspired to be a cricketer and trained under legendary coach Ramakant Aachrekar. However, it was an on-field injury which resulted in a shift to finance. He started off with bill discounting, turned to lending and successfully applied to start a universal bank in the first decade of the millennium, as India was warming up to private play in banking.
Sources said Saurabh Bharadwaj and Atishi will be sworn in on Thursday.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
'Barring Tamil Nadu and Kerala, the BJP will may make inroads in Karnataka, Andhra and Telangana in 2024.'
Billionaire Mukesh Ambani on Tuesday showered lavish praises on Tata Group chairman N Chandrasekaran, saying he has scripted the salt-to-software conglomerate's spectacular growth in recent years. Sharing the dais with Chandrasekaran at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar, Ambani said Tata Group's gigantic steps in the field of renewable energy under his leadership are inspirational.
'There is a need for an innovation sandbox where the PSBs can collaborate and then they can do their own innovation on top of it.'
The Reserve Bank on Wednesday increased the benchmark lending rate by 40 basis points (bps) to 4.40 per cent in a bid to contain inflation, which has remained stubbornly above the target zone of 6 per cent for the last three months. The decision follows an unscheduled meeting of the Monetary Policy Committee (MPC), with all six members unanimously voting for a rate hike while maintaining the accommodative stance. While the inflation has remained above the targetted 6 per cent since January, RBI Governor Shaktikanta Das said the inflation print in April is also likely to be high.
The board of Indian Institute of Management, Ahmedabad, will meet on April 3 to discuss the fee reduction issue in view of the Supreme Court on Friday disposing of the PIL filed in this regard, IIM-A Director Bakul Dholakia said Ahmedabad.
West Bengal Chief Minister Mamata Banerjee will visit Chennai on November 2 and is likely to hold a meeting with her Tamil Nadu counterpart M K Stalin to discuss their strategies for the 2024 Lok Sabha poll, a senior government official said on Tuesday.
President Droupadi Murmu on Saturday took her maiden sortie in a fighter aircraft at Tezpur air base in Assam.
It is only after the government's nod that a particular design change come into effect.
Shah said that the BJP hoped the Dalit nominee would be unanimously selected as the President.
The development comes after the resignation of Manish Sisodia and Satyendar Jain, the key faces of the city government and were instrumental in steering the national capital through the COVID-19 crisis.
At least 36 people were killed and 19 injured when a bus carrying passengers skidded off the road and rolled down into a 300-foot gorge in Jammu and Kashmir's Doda district on Wednesday, officials said.
However, the bill will have all major provisions of the ordinance, promulgated by the central government on May 19, a week after the Supreme Court handed over the control of services in Delhi excluding police, public order and land to the elected government headed by Chief Minister Arvind Kejriwal.
Ministry of External Affairs spokesperson Arindam Bagchi said the students were being taken to Poltava, some 175 km south of Sumy, from where they will board trains to western Ukraine.
Railway Minister Ashwini Vaishnaw, Madhya Pradesh Governor Mangubhai Patel, Chief Minister Shivraj Singh Chouhan, Union ministers Narendra Singh Tomar and Jyotiraditya Scindia, among others, were present on the occasion.
Given the Bharatiya Janata Party and the NDA's legislative strength, Dhankar's election is considered a certainty.
General Sunith Francis Rodrigues (retd), who headed the Indian Army between 1990 and 1993 and served as the governor of Punjab between 2004 and 2010, passed away on Friday, an official statement said.
The decision to keep the pilgrimage symbolic was taken after discussions with members of the Shri Amarnath Shrine Board, officials said.
Yadav was named in an FIR registered on Tuesday by Special Task Force probing the multi-crore Madhya Pradesh Professional Examination Board or Vyapam scam under various sections of IPC, including 420 for cheating.
Jammu and Kashmir Chief Minister Mufti Mohmmad Sayeed on Monday said his government will proceed with phased removal of AFSPA after consulting the Army as they have aired their apprehension over it.
Ramaswamy's stance on H-1B visas is reminiscent of the 2016 Trump campaign, when then-candidate Donald Trump, who has also hired a number of foreign workers under H-1B visas for his businesses, took a hardline stance on these foreign workers before later softening his rhetoric.
Rajshekhar detailed his complaints in a report to the lieutenant governor's office, joint secretary in the Ministry of Home Affairs and the additional commissioner of police of Delhi's anti-corruption branch.
Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.
'Najam Sethi tweets at 2 in the night that Ramiz Raja is out. Is this respect for a former captain? I was not even allowed to go to the office and collect my belongings.'
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The RBI Board on Friday approved the transfer of Rs 57,128 crore as surplus to the central government for the accounting year 2019-20, the central bank said in a statement.
Policy with regard to the foreign banks is part of his five pillars of reforms, says RBI Governor.
'So far as supervision is concerned, there are enough powers but to take action on public sector banks, consultation with the government is needed.'
The impact of the explosion "was so massive" that the factory, which was being run from a residential building, collapsed, the police said.
The CBI after registering the FIRs carried out searches on Thursday morning at 14 locations in Jammu, Srinagar, Delhi, Mumbai, Noida in Uttar Pradesh, Trivandrum in Kerala and Darbhanga in Bihar, they said.
Dy Governor notes it's an era of job changes for better.
A number of academicians as well as political scientists Yogendra Yadav and Suhas Palshikar, who were part of the textbook development committee of the NCERT, had asked the council to drop their names from textbooks over 'several substantive revisions of the original texts'.
The party also rejigged its Central Election Committee and included former Maharashtra chief minister Devendra Fadnavis, Union Minister Bhupender Yadav, Om Mathur and its women wing chief Vanathi Srinivasan.
The government on Wednesday night issued a notification confirming the appointment of the management committee while removing Ramiz Raja, but the sitting chief selector Muhammad Wasim announced the squad for the NZ series.
She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.
Pawar, who was also the deputy CM in the previous Uddhav Thackeray-led Maha Vikas Aghadi (MVA) government, which was in power from November 2019 to June 2022, enjoys the image of a grassroot leader and an able administrator.
Citing complaints against Rajshekhar for 'running an extortion racket and demanding protection money', Delhi vigilance minister Saurabh Bharadwaj on May 13 ordered withdrawing all work assigned to the officer with immediate effect.
