Global Rating agency Moody's on Wednesday said it was reviewing IndusInd Bank's risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. "The financial impact of the derivatives losses is quite manageable considering IndusInd Bank's strong capital.
Hundreds of residents along the Line of Control (LoC) and the International Border (IB) in Jammu and Kashmir were evacuated to safer zones after Pakistani shelling following Indian airstrikes on terror targets in Pakistan. The shelling killed 12 people, including four children and two women, and injured over 50. The evacuations come amid heightened tensions between India and Pakistan following the April 22 terror attack in Pahalgam that left 26 civilians dead. The government has provided temporary shelter for those evacuated.
Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.
After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).
The officials said dozens of unexploded explosives were destroyed by the experts along the Line of Control in Rajouri and Poonch districts and along the International Border in Jammu and Samba which witnessed intense cross-border shelling and drone attacks from May 7 to May 10.
Union Home Minister Amit Shah informed the Lok Sabha that the situation in Manipur is largely under control, with no deaths reported in the last four months. However, he acknowledged that the situation cannot be considered satisfactory as displaced people are still living in relief camps. Shah attributed the violence to a high court decision regarding a reservation-related dispute, emphasizing that it was not terrorism-related but ethnic violence between two communities. He highlighted government efforts to establish peace, including discussions with both the Meitei and Kuki communities and a rehabilitation package for the displaced. While the opposition supported the resolution confirming the imposition of President's rule, they urged for a swift return to peace and normalcy in the state.
IMAGES from the Indian Premier League match played between Punjab Kings and Lucknow Super Giants in Dharamsala, on Sunday.
Former Maoist insurgents have revealed a shocking practice within the CPI (Maoist) organization, where cadres are forced to undergo vasectomy before they are allowed to marry. This policy, designed to prevent distractions and ensure loyalty to the movement, has been implemented across the organization. The practice has been highlighted by several former insurgents who have now surrendered to the authorities.
The five-time champions finished last in IPL 2024 with everything going wrong for them. This time, MI is focused on ensuring that everything goes right, and that their journey towards a sixth title is back on track from the beginning.
'Parents are forced to provide their children to Russian re-education camps in occupied territories and in different parts of Russia, for example, in Chechnya, where Ukrainian children wearing military uniform are taught to use weapons.'
According to the government, the additional chief secretary of the state housing department is designated to sign an agreement with the Union government for the land lease transfer.
Harshit Rana could pose a strong challenge to senior teammate Prasidh Krishna as they battle it out for the third pacer's slot in the India playing XI for the opening Test against Australia in Perth.
India pacer Mohammed Shami has been ruled out of the last two Tests against Australia as he is yet to regain full fitness, the BCCI said on Monday.
Forty years after the Bhopal gas tragedy, 377 tons of hazardous waste has been shifted from the defunct Union Carbide factory for its disposal, an official said.
"I think he (Shami) will be a major miss for India, given the Australian conditions. The pace and bouncy wickets in Australia would have helped India in gaining an upper hand if Shami had been in the squad but that's not in the selector's hand as he is recovering, but I think he will be missed," Adams said.
The revised budget for 2024-25 shows a sharp rise in the allocations, particularly for major irrigation projects and the Namami Gange Mission-II.
The work to remove 377 metric tonnes of hazardous waste from the now-defunct Union Carbide factory in Bhopal has begun. The waste will be transported to an incineration site in Pithampur near Indore, around 250 km from Bhopal. The move comes after the Madhya Pradesh High Court ordered the authorities to clear the site, 40 years after the deadly gas leak that killed thousands and left hundreds of thousands with health problems.
The Union Budget 2024-25 on Tuesday allocated Rs 2,19,643 crore to the Ministry of Home Affairs with the majority of it -- Rs 1,43,275 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF), and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding, and security of vital installations.
'Omar Abdullah presented Delhi as a villain in front of the people of Jammu Kashmir before elections and now is shaking hands with them.'
Dr Ashish Mishra, consultant interventional cardiologist, Wockhardt Hospitals, explains how smoking and alcohol can impair your heart health and lead to cardiac arrest.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
The respective Dussehra rallies of Maharashtra Chief Minister Eknath Shinde and and Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray were once again about whose version of Hindutva is genuine and who is the true inheritor of party patriarch Bala Thackeray's legacy.
Kumar Rocker scripts Major League Baseball history
'Russia is aiming at demoralising Ukraine as a nation.' 'They want to bomb the infrastructure, the electric stations so that regular citizens will not to be able to live, to cook, to give comfort to their kids.'
Modi began his nearly 45-minute speech by welcoming the people who attended the rally in the Kashmiri language. "This time, the (assembly) election will decide the future of Jammu and Kashmir, which has remained the target of foreign powers since Independence," he told the gathering.
The West Bengal government has taken all precautionary measures to deal with Cyclone Yaas, likely to hit the state on May 26, and Chief Minister Mamata Banerjee will stay at a control room set up for the purpose to monitor the situation, officials said.
The monsoon spelt mayhem in several parts of the country on Monday, particularly Mumbai where local train services and flight operations were hit and everyday life disrupted as well as Assam that was grappling with floods yet again.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
The fire was preceded by a blast and soon it spread to nearby buildings, including a drug rehabilitation centre and eight shops.
'This team, what it has achieved, it has achieved under him and I just have to carry forward that. He is going to have his hand on my shoulders.'
During a recreational event organised by the JSW Foundation as part of Independence Day celebrations, Pant faced a few deliveries in a game at a sports facility near Bengaluru on August 15.
Relief work gained momentum on Saturday as rainfall came to a halt in many parts of the state. When contacted, a senior official told PTI that 16 people lost their lives in rain-related incidents as per the reports received till Saturday afternoon.
The petition alleged that "illegal mining" was being carried out by Singh, the MP from Kaiserganj, in Majharath, Jaitpur and Nawabganj villages of Tarbganj tehsil in the district.
Middle-order batter Shreyas Iyer has successfully completed his rehabilitation at the National Cricket Academy following a back injury and will join India's squad ahead of the second Test of the Border-Gavaskar series against Australia, beginning New Delhi on Friday.
In a memorandum submitted to Manipur Governor Anusuiya Uikey, the 21 opposition MPs who signed the document demanded urgent rehabilitation and resettlement of the affected people to bring peace and harmony to the state.
The Manipur government dubbed as untrue the claim by the counsel for the committee appointed by the apex court to oversee relief and rehabilitation of the victims of ethnic violence that the people of the state were suffering on account of an economic blockade.
Union Home Minister Amit Shah said on Friday security in the ocean needs to be strengthened as most of the narcotic drugs are shipped in Pakistan and go via Iran to Sri Lanka and Africa.
The decision to repeal the Act was taken at a late-night cabinet meeting on Friday as it is an obsolete pre-Independence Act of the British for the then province of Assam, the CM said.
The water level of the Yamuna in Delhi breached the danger mark again on Sunday following a surge in discharge from the Hathnikund Barrage into the river after heavy rain in parts of Uttarakhand and Himachal Pradesh.
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