Ramesh is not in our class group photo. He had already vanished from school by the time it was taken. We didn't know why then. A few weeks later, we did, recalls Binu Alex.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
Government sources have clarified that a passport has never been considered proof of citizenship in India, a stance consistent for the past 12 years and rooted in the Passport Act 1967. This clarification, reiterated by the Ministry of External Affairs, has drawn criticism from opposition leaders and public figures.
The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.
The Central Bureau of Investigation has filed a charge sheet against Ninex Developers Ltd and its director for alleged fraudulent activities in a Gurugram housing project. This marks the 11th charge sheet in the ongoing builder-banker nexus investigation, initiated by the Supreme Court, which involves 50 cases nationwide where homebuyers were allegedly cheated.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
The government's e-marketplace platform, GeM, is significantly enhancing public procurement through the integration of AI, advanced analytics, and digital monitoring systems. This strategic adoption has led to substantial savings for the exchequer and improved transparency, while also playing a crucial role in health sector procurement.
Tamil Nadu's new government, led by C Joseph Vijay, is committed to advancing the ~38,000 crore shipbuilding project with HD Hyundai in Thoothukudi, securing bipartisan support from the Opposition DMK, despite initial industry concerns about policy continuity after the change in leadership.
Olympic silver medallist wrestler Ravi Kumar Dahiya and Paralympic bronze medallist high jumper Sharad Kumar have obtained interim relief from the Central Administrative Tribunal (CAT) in their petitions for regularisation of their ad-hoc services with the Delhi government. Both athletes, who resigned from previous stable positions, have been serving in temporary roles within the Directorate of Education for several years without regularisation.
Eight individuals have been arrested in West Bengal's South 24 Parganas district for allegedly attempting to storm the Falta police station to free jailed TMC leader Jahangir Khan. Police have named Khan's wife as the alleged mastermind behind the foiled plan, which involved mobilising supporters during a protest.
Former India goalkeeper PR Sreejesh has publicly criticised Hockey India's decision to remove him as junior men's team coach after 17 months, questioning the preference for foreign coaches. Hockey India has rejected Sreejesh's claims, stating his contract ended as scheduled and a new coach was selected through a formal process.
The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.
Former India goalkeeper PR Sreejesh has publicly criticised Hockey India for removing him from his role as junior men's team coach after just 17 months, questioning the organisation's preference for foreign coaches. Hockey India has rejected Sreejesh's claims, stating that his contract ended as scheduled and a new coach was selected through a formal process.
The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.
'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'
The weather office has warned that the prevailing monsoon conditions could trigger flash floods, landslides, waterlogging and a further rise in river levels across the Northeast.
The revised outcomes are being released through DigiLocker, and students whose marks have changed following re-evaluation or verification can download revised marksheets.
The asymmetry in deposit and credit growth is the biggest challenge before the Indian banking industry. For every 100 deposit that a bank mobilises, it needs to keep 3 with the banking regulator in the form of cash reserve ratio on which it doesn't earn any interest. Another 18 is used for buying government bonds (statutory liquidity ratio). This means, a bank is left with 79 for giving credit. Add to this, its capital which can be used for giving loans. Most banks are facing a fund crunch. They need to find ways to attract deposits if they want to sustain credit growth, explains Tamal Bandyopadhyay.
Chief Economic Advisor V Anantha Nageswaran highlights the challenges of digital access, data governance, interoperability, and cyber security in India's digital public infrastructure (DPI), despite its world-class scale.
The India Meteorological Department forecasts the southwest monsoon to arrive in Kerala in the next two to three days, slightly delayed from the typical June 1 start. The department also predicts below-normal rainfall for the season due to emerging El Nino conditions.
The government has appointed Lieutenant General NS Raja Subramani (Retd) as the next Chief of Defence Staff (CDS), who shall also function as the secretary to the government of India, department of military affairs, with effect from the date of assumption of charge and until further orders.
Prime Minister Narendra Modi and US President Donald Trump exchanged pleasantries and held a brief conversation at the G7 summit, their first in-person encounter in 16 months, setting the stage for high-stakes bilateral talks amidst continuing strain in India-US relations.
Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.
Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.
'We should expect extreme heat, extreme rains, floods, landslides and maybe cyclones. Not just this year, in the coming year as well.'
Stepping up attack against Education Minister Dharmendra Pradhan, the Cockroach Janta Party founder Abhijeet Dipke on Friday announced the launch of a nationwide campaign to demand his resignation and exhorted students, farmers and civil society groups to join him at Jantar Mantar on June 28.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.
Lt Gen NS Raja Subramani (retd) has been appointed as India's next Chief of Defence Staff, succeeding Gen Anil Chauhan. Vice Admiral Krishna Swaminathan has been named the next Chief of the Naval Staff, succeeding Admiral Dinesh K Tripathi. Lt Gen Subramani's primary mandate will be to implement the military theaterisation plan and bolster tri-services synergy.
rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.
The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
Two men have been arrested in Tumakuru, Karnataka, for allegedly conspiring with a Pakistan-based individual via social media to carry out activities detrimental to India's national security, including planning a murder and blasts. The Intelligence Bureau had been monitoring the suspects.
Unseasonal rainfall could damage standing wheat crops, especially late-sown fields nearing maturity and grain-filling stages.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
A fresh plea has been filed before the Supreme Court challenging a Madhya Pradesh High Court order, which said that the disputed Bhojshala complex in Dhar district was a temple dedicated to Goddess Saraswati.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
The Nationalist Citizens Party of India (NCPI), previously obscure, has gained national attention after 20 rebel TMC MPs merged with it. The Tripura-based party now claims to be the largest parliamentary bloc from West Bengal, holding 20 Lok Sabha seats. Its registered address in Howrah is linked to a couple running an NGO, and a founder member has expressed support for PM Modi and a desire to join the NDA.
Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.
The Adani Group-owned Navi Mumbai International Airport is slated to commence international passenger and freighter operations from July 15. This marks a significant expansion for the airport, which began domestic services last December. Air India Express and IndiGo are expected to operate international flights, with customs readiness reviews already completed. The airport anticipates a substantial increase in daily passenger footfall and air traffic movements by the year-end.
