Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Retirement fund body EPFO recorded a 13.46 per cent year-on-year growth in net member addition of 21.89 lakh in June, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organisation's (EPFO) provisional payroll data for June 2025 showed a net addition of 21.89 lakh members, marking the highest recorded addition since payroll data tracking began in April 2018, a labour ministry statement said.
The Supreme Court of India has formed a Special Investigation Team (SIT) to investigate allegations of non-compliance with laws and irregularities at Vantara, a Green Zoological Rescue and Rehabilitation Centre in Gujarat. The SIT will examine the acquisition of animals, compliance with wildlife protection laws, and other related issues.
A landslide triggered by continuous rainfall has disrupted traffic on National Highway 75 near Kadaba taluk in Dakshina Kannada district, halting vehicular movement between Bengaluru and Mangaluru. Authorities are working to clear the debris and restore traffic flow.
After remaining stranded in Thiruvananthapuram for about a month following a technical issue, a British Royal Navy fighter jet was on Sunday moved to a designated facility for British engineers to assess it, airport sources said.
Heavy overnight rain and morning showers caused widespread waterlogging and traffic congestion in Delhi, leaving commuters stranded and facing significant delays.
An ensemble of musicians, some of whom played sursingar, mohan veena, dilruba and other rare instruments, regaled G20 world leaders during the ceremonial dinner hosted for them by President Droupadi Murmu.
'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'
Flms belonging to genres as diverse as comedy, drama, romance, crime, and history get ready for release in theatres.
The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.
'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'
The 'Maratha Military Landscapes', representing the Maratha rulers' fortification and military system, has been inscribed on the UNESCO World Heritage List, marking India's 44th property to receive this recognition.
Lieutenant Governor Manoj Sinha asserts that the Indus Waters Treaty was a 'historic mistake' and its termination will greatly benefit Jammu and Kashmir by allowing it to harness its hydropower potential.
'We may rationalise that we say or do things to get those close to us on the right path.' 'The conversations could range from one's physical appearance to one's social standing or the choice of friends.' 'What we overlook is that we may cause someone deep pain while leaving them scarred for life,' notes Aarti David.
Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.
West Bengal Chief Minister Mamata Banerjee criticizes Delhi Police for referring to Bengali as 'Bangladeshi national language,' sparking political controversy.
'Earlier, we used to talk about a deficit economy. There is a deficit in democracy' 'If you read superficially Gandhi and Ambedkar and Nehru, some misconceptions and misunderstanding come to mind, as if they were at loggerheads and they differed radically in their views' 'India is one nation. There is only one citizenship. No citizenship for South India and no citizenship for North India and another for the Northeast'
'The satisfaction of making content only comes when it reaches theatres as you are directly connecting to the masses.'
Even after 50 years, Sholay remains a lasting reminder of unity, shared memories and the joy of cinema, notes Mohammad Asim Siddiqui.
Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.
'Non-BJP state governments and their leaders, navigating today's political landscape, know well they have no clue what awaits around the corner.' 'The chances of charges pressed and oneself getting parked in custody play out on an uneven playing field,' points out Shyam G Menon.
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
Sky is the limit, we are ending with heaps of learnings: Corey Anderson on USA's T20 WC campaign
Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.
The 9-to-5 structure feels outdated to the Gen Z generation.
A senior Uttar Pradesh government official has issued directives to ensure the safe and smooth completion of the Kanwar Yatra, including banning outsiders from entering camps, enforcing a ban on single-use plastic, and providing basic facilities to kanwariyas.
Chief of Defence Staff General Anil Chauhan emphasized the need for constant high military preparedness, citing Operation Sindoor as an ongoing example. He also highlighted the importance of 'information warriors, technology warriors and scholar warriors' in future warfare.
Congress general secretary in-charge communications Jairam Ramesh said that at a time when the BJP should be targeting Pakistan and terrorists, it is only interested in attacking the Congress.
'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'
"The prejudice against Urdu stems from the misconception that Urdu is alien to India. This opinion, we are afraid, is incorrect as Urdu, like Marathi and Hindi, is an Indo-Aryan language. It is a language which was born in this land," the judges said.
"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.
Air India and Air India Express on Tuesday progressively resumed their services to the Middle East, with flights to Dubai and Muscat, respectively, as countries in the region reopened their airspaces.
The Shiromani Gurdwara Parbandhak Committee has received five e-mails threatening to blow up the Golden Temple since July 14, president of the apex gurdwara body Harjinder Singh Dhami said on Wednesday.
An IndiGo flight from Delhi to Srinagar encountered severe turbulence near Pathankot on Wednesday, prompting the crew to request permission to enter Pakistani airspace to avoid the weather. However, their request was denied. The aircraft, an A321 neo operating flight 6E 2142, experienced hailstorm and turbulence, triggering various warnings and forcing the autopilot to trip. The crew managed to safely land the aircraft in Srinagar after a harrowing experience. The incident is under investigation by the Directorate General of Civil Aviation (DGCA), which confirmed there were no injuries to passengers but noted damage to the aircraft's nose radome.
Women's cricket team gets rousing welcome at India House in London
The ceasefire follows Israeli airstrikes on Syria on Wednesday, which Israel said were carried out to protect the Druze, a minority Arab religious group.
The death rate among those with the lowest scores was 42 per cent and those with highest sitting-rising scores, 3.7 per cent.
'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'
In a move towards gender inclusion, Tamil Nadu has partnered Godrej Consumer Products (GCPL) to offer a 5 per cent job reservation for LGBTQAI+ and people with disabilities at GCPL's upcoming fast-moving consumer goods manufacturing unit in Thiruporur in Chengalpattu district. According to industry experts and activists, while companies acknowledge transgender communities, this is the first time the entire spectrum of gender minorities, including lesbian, gay, bisexual, transgender, queer/questioning (one's sexual or gender identity), asexual and intersex, is receiving such a notable share of job participation in the private sector while signing memoranda of understanding with states.
This mission is the 14th human flight for the New Shepard programme and the 34th in its history.
