Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.
Prime Minister Narendra Modi on Sunday claimed that the Congress had been unwilling to accept Tejashwi Yadav as the Indian National Developmental Inclusive Alliance (INDIA) chief ministerial candidate and relented only after the Rashtriya Janata Dal pointed a 'katta', an unlicensed country-made gun, at its head.
Kolkata Police intercepted a military truck for alleged reckless driving, a day after the army dismantled a TMC protest stage. The incident occurred near the Writers' Buildings, with police citing dangerous driving and traffic violations. Army officials deny any wrongdoing.
While it is evident that the INDIA bloc has not shut its doors on Nitish Kumar, those within the NDA are hopeful that the JD-U's support base would benefit them as well
30 undertrial prisoners from Nepal, who escaped after a jail break, were arrested by Sashastra Seema Bal jawans at the India-Nepal border in Bihar.
The BJP has lauded the extradition of Tahawwur Rana, a key accused in the 26/11 Mumbai terror attack, as a testament to "New India's" zero-tolerance stance against terrorism under Prime Minister Narendra Modi. However, the Congress has countered the claim, stating that the extradition was the result of diplomatic efforts initiated during the UPA government's tenure. The BJP highlighted Rana's return as a tribute to security personnel who lost their lives fighting Pakistan-sponsored terrorism and a step towards justice for victims of the attack. The Congress, however, asserted that the Modi government did not initiate the extradition process but benefited from the UPA's groundwork. The exchange of accusations has added a political dimension to Rana's extradition, with both parties vying for credit for the development.
The settlement cycle for cash, derivatives, and securities lending and borrowing mechanism (SLBM) segments has been revised after September 5 and September 8 were declared as settlement holidays by clearing corporations, markets regulator Sebi said on Monday.
'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'
Reigning champions City are also involved in a separate independent hearing into the club's alleged breaches of Premier League financial regulations which began in September, with a verdict expected some time before the end of the current season.
Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.
Glimpses from around the world that will make you smile and cry.
Entities controlled by governments - sovereign wealth funds, and pension funds - have recorded higher growth in equity assets under custody compared to other foreign portfolio investors (FPIs) over the past five years.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
IMAGES from the Premier League matches played on Sunday
Heated arguments were also witnessed when BJP leaders and others accompanying Kangana tried to pacify the residents, and police had to intervene to restore peace.
'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'
Signed as the brand ambassador of Bank of Baroda, the 51-year-old Tendulkar on Monday went back to his U-15 days, recalling a century he made in the city as a teen batting sensation some 38 years ago.
Rising water levels in the Ganga and Varuna rivers have caused a fresh bout of floods in Varanasi, inundating low-lying areas, disrupting daily life, and damaging crops.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
'Due to orographic rainfall, localised areas are experiencing intense downpours.' 'In a very heavy downpour, the burst of water has to find its way and therefore whatever comes in its path gets washed away.'
Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.
Heavy rains caused severe waterlogging, traffic jams, and disruptions to local train services in Mumbai. Schools and colleges were closed due to a 'red alert' issued by the IMD.
It is high time India ends its silence on the human cost of the Gaza war and takes a principled stand without diluting its relations with Israel. A largely friendless Tel Aviv today needs New Delhi more than the other way around. India's failure now may cost it diplomatically in the long run, cautions M R Narayan Swamy.
Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Mumbai-based Axis Bank completed acquisition of Citigroup's consumer business for Rs 11,603 crore. Under the deal, Axis acquired consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans.
Milind Ramji Narote, a BJP MLA from Maharashtra's Gadchiroli, had filed a complaint against Tejashwi Yadav on Friday.
Axis Bank on Wednesday said it has completed the acquisition of Citibank's retail business in India for a final cash consideration of Rs 11,603 crore. The sale excludes Citi's institutional client businesses in India. The third-largest private sector bank said the acquisition, announced first in March last year, will not necessitate any new capital requirements and stressed that the attrition numbers on customers are much better than expected.
A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
Nearly 350 people were evacuated from Mumbai's Kurla area after the Mithi river swelled due to heavy rains. Authorities are monitoring the situation and working to ease the flow of water.
Cloudbursts and heavy rains caused widespread destruction in Dehradun and surrounding areas, leaving people stranded and causing damage to infrastructure.
Cloudbursts and heavy rains overnight left a trail of destruction in Uttarakhand's capital Dehradun and its neighbouring areas on Tuesday, sweeping away at least five people and leaving more than 500 stranded in different locations.
This is not the first time that a large number of people have died in stampedes at temples and other religious gatherings over the years in India.
The Lookout Circular was issued by the city police's economic offences wing as the couple makes frequent international trips
'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'
Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.
Among fresher job seekers, one in three believes AI will create more jobs.
'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'
A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.
As many as 140 million customers of HDFC Bank and Axis Bank are expected to face interruption in banking services in the weekend due to the former's system upgrade and the transition of Citi India business to the latter. Both the banks have notified their customers about the interruption in services. HDFC Bank - the country's largest private sector lender with 93.2 million customers - had announced that it will undertake a system upgrade on July 13, wherein it will migrate its core banking system (CBS) to a new engineered platform to enhance customer experience.
The land pooling policy aims to kick-start a new wave of urbanisation in the predominantly rural state.
Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.
