Several schools in Delhi received bomb threat emails on Friday morning, causing widespread concern before authorities declared the threats a hoax. The emails contained disturbing content and prompted thorough search operations and heightened security measures.
The reduction in the number of loan accounts and the outstanding amount during the last financial year is a cause of concern and stress for microfinance institutions (MFI), Secretary, Department of Financial Services, M Nagaraju said on Thursday, highlighting "inefficiency" in MFIs that leads to higher rates of interest.
Multiple schools in Delhi received bomb threat emails, leading to evacuations and security deployments. Authorities are investigating the source of the threats, which also mentioned a potential attack on Parliament.
Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.
'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'
CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.
The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
A 25-year-old drug addict, upset over a family dispute, climbed onto the roof of Sanjay Gandhi Hospital in Delhi and threatened to commit suicide. He was safely rescued by authorities.
A wall collapse at a dargah near Humayun's Tomb in Delhi's Nizamuddin area resulted in five fatalities and several injuries. Rescue operations were conducted by multiple agencies.
Seven people died after a wall collapsed near Mohan Baba Mandir in Jaitpur, Delhi, following heavy rainfall. Rescue operations were conducted by police, fire services, and NDRF teams. An investigation is underway to determine the cause of the collapse.
Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.
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.
Four people died and three got injured in a fire that broke out at a five-storey building housing multiple manufacturing units in Rithala area of Delhi's Rohini, the police said on Wednesday.
The Reserve Bank of India (RBI) brass, including its Governor Sanjay Malhotra, on Tuesday told a Parliamentary panel that it was "optimistic" about the impact of the US tariffs on the Indian economy and, in long-run, it could benefit the country due to dipping trade relations between the US and China.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.
'$125 million for the hull and the remaining of over $350 million for liability.'
The Delhi Fire Services Chief Atul Garg has stated that no cash was found during firefighting operations at the residence of Delhi High Court Justice Yashwant Varma. The fire occurred on March 14 and was contained within a storeroom. The Supreme Court collegium has initiated an inquiry against Varma following allegations of a large stash of cash being discovered at his residence during the fire.
A video and inquiry report have raised questions about the Delhi Fire Services' claim that no cash was found at the official residence of Delhi High Court judge Justice Yashwant Varma during a fire incident on March 14. The video, which has gone viral on social media, shows fire fighters dousing flames on articles that appear to include half-burnt Indian currency notes. The Delhi High Court Chief Justice has initiated an in-house inquiry against Justice Varma and the Supreme Court has proposed his transfer to the Allahabad High Court.
Fair trade regulator CCI on Thursday ordered a probe against Google and its affiliates for alleged unfair business practices with respect to listing of real money gaming apps on Play Store. While passing the order, CCI said the "the Commission directs the Director General ('DG') to cause an investigation to be made into the matter under the provisions of Section 26(1) of the Act".
Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. The strike call for March 24 and 25 was given by United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees' association.
A 22-year-old youth and a person with disability died, while at least 11 were injured, in separate rain-related incidents in the national capital on Wednesday evening. The incidents occurred amid sudden changes in weather in Delhi, as a rainy storm marked by hail wrecked havoc across the city, throwing traffic out of gear as far as Delhi-Noida, Delhi-Ghaziabad, and Delhi-Gurugram roads and uprooting several trees.
A multi-storey residential building collapsed in northeast Delhi's Shakti Vihar area in the early hours of Saturday, leaving 11 people dead and 11 injured, officials said.
A private school in Delhi's Rohini received a bomb threat via email on Friday, but it was later declared a hoax after a thorough search of the premises. The threat came just a day after a low-intensity blast took place in Prashant Vihar, near the school. Police are investigating the incident.
Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Punjab & Sind Bank is likely to follow suit later this financial year to meet the public shareholding norm of 25 per cent. When a public-sector unit raises funds through QIP, the money goes to the company because it involves issuing new shares whereas in the case of offer for sale (OFS), the money raised goes to the government because its shares are sold.
Bomb threats were received by a few schools in Delhi on Tuesday, making it the second such incident this week and the fifth in nine days in the national capital, officials said.
A stampede-like situation at New Delhi Railway Station on Saturday evening left at least 15 people injured, and fatalities are feared. The incident occurred due to overcrowding on platforms 14 and 15, triggered by a rush of passengers heading to Prayagraj for the Maha Kumbh. Eyewitnesses described a chaotic scene with passengers fainting from suffocation and a scramble for space. Authorities are investigating the incident, with initial reports suggesting overcrowding due to the influx of passengers for the religious festival. Rescue teams and fire tenders were dispatched to the scene, and the injured were taken to hospitals for treatment.
Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.
Around 40 schools in Delhi received a bomb threat mail Monday morning with the sender demanding US
The bodies of three labourers were on Saturday pulled from the rubble of a wall that collapsed at a construction site in the Vasant Vihar area in New Delhi amid heavy rain, officials said.
This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.
Post-mortem examination reports of 10 Kuki-Zo youths killed in an alleged gunfight with CRPF in Manipur have revealed that they sustained multiple fatal bullet injuries, with most of them fired from behind. The reports also noted that the youths were in camouflage and khaki dresses when they were brought for autopsy. The incident has raised concerns about the circumstances surrounding the deaths and the ongoing ethnic violence in the state.
Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.
Delhi Fire Services on Sunday said eight city hospitals and IGI Airport received bomb threats through emails, 11 days after over 150 schools in Delhi-NCR received a bomb scare of unprecedented scale.
India's second-best woman tennis player defeated higher ranked Petra Kvitova of the Czech Republic in straight sets to advance to the second round of the US $200,000 WTA DFS Classic tournament in Birmingham on Monday. The US-based Indian, who is placed 100 rungs below Kvitova in the WTA charts, won the first round contest 7-6(6), 6-4 in little under two hours.
The fire was preceded by a blast and soon it spread to nearby buildings, including a drug rehabilitation centre and eight shops.
Coaching institutions across the national capital, some lined up in cramped lanes while others housed in lofty buildings in busy commercial areas, are risking the lives of students, with lack of fire safety measures, single entry and exit points, faulty wiring and overloaded electrical circuits among the most common problems.
Plumes of smoke could be seen billowing from the spot. A purported video of the aftermath of the explosion also surfaced on social media showing thick dense white smoke.
The rocket which fell on the compound of former chief minister Mairembam Koireng's residence seemed to be an improvised one.
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