IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.
IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.
'India played well (at the Paris Olympics). Our national anthem may not have been played today, but it will be heard in the future.'
Sinner, who retained his Australian Open title last month, failed two drug tests in March 2024 but was allowed to keep competing while he appealed his case.
'The promise for change brought me here, my performance brought me here once again. The coming five years are of unprecedented development and a golden moment to realise the dream of India as a developed nation by 2047'
'When I met Lakshya for the first time, he was very small but now he has grown up.'
The Supreme Court on Thursday sought responses from the Centre, the National Testing Agency (NTA) and others on petitions seeking the cancellation of National Eligibility-cum-Entrance Test (Undergraduate)-2024 (NEET-UG 2024), and a court-monitored probe into the alleged irregularities in the medical entrance exam.
The BJP's surprise announcement of a caste census in the next census has sparked political debate, particularly in Bihar where the issue of backward empowerment holds significant electoral weight. The move is seen as a strategic maneuver by the ruling party to counter opposition efforts to mobilize support among disadvantaged sections of society. The decision is also viewed as a recognition of the growing influence of OBC politics in India.
Singham Again is set to hit theatres on Independence Day 2024.
Jailed ex-Pakistan premier Imran Khan's party-backed independent candidates on Friday sprang a surprise by winning 86 seats out of the 201 results declared following unusual delays and allegations of rigging, as the country appeared heading towards a hung assembly.
The Supreme Court will hear on February 19 pleas challenging the appointments of the Chief Election Commissioner and Election Commissioners under the 2023 law. The court will take up the matter on a priority basis, after some urgent listed matters. The government has appointed a new CEC and ECs under the new law, which excludes the Chief Justice of India from the selection panel, despite a 2023 Supreme Court verdict directing the inclusion of the CJI in the panel. The petitioners argue that the exclusion of the CJI undermines the independence of the election commission.
Deposed Bangladesh Prime Minister Sheikh Hasina has issued a strong warning against threats to ban her Awami League party, calling the demands "audacious" and accusing Nobel laureate Professor Muhammad Yunus of being a "fraud" and "corrupt" for his role in the current interim government. Hasina, who fled Bangladesh in August 2024 following a student-led uprising, claims Yunus assumed power through a "meticulous design" with funding from overseas and misled students and people. She asserts that her Awami League is the legitimate party, with a strong history of fighting for the people's rights, and accuses Yunus and his supporters of having no constitutional basis or people's mandate to rule the country.
The Bombay High Court expressed its dismay over the Maharashtra government's failure to register an FIR against five policemen involved in the custodial death of Akshay Shinde, despite an explicit court order. The court, alleging a deliberate attempt to disregard its directives, threatened contempt proceedings against senior CID officers for non-compliance. The case pertains to Shinde's death while in police custody, accused of sexually assaulting two kindergarten girls in Badlapur. An inquiry report by a magistrate indicted the five policemen, suggesting a possible fake encounter. The court emphasized the importance of following the rule of law and stated that the government's inaction would send a detrimental message to society.
The BJP registered emphatic victories in seven municipal corporations in Haryana, while its nominees were leading in two other civic bodies in the recently held elections. The Congress, which was hoping to improve its electoral fortunes after a defeat in the 2024 Assembly polls, suffered another setback. The BJP candidates won with large margins in Faridabad, Gurugram, Hisar, Karnal, Rohtak, Sonipat, and Ambala. The BJP was also leading in Yamunanagar and Panipat. In Manesar, an Independent candidate, Inderjeet Yadav, won the mayoral election. The results are seen as a major setback for the Congress, which has been facing internal turmoil and factionalism.
'Healthcare is not an industry.' 'The government is only encouraging insurance as they are not able to provide healthcare to people.' 'Opening new medical colleges is not what is needed.' 'You have to invest in public sector hospitals.' 'You cannot hand over healthcare to the private industry.'
Those whose names were mentioned during Prime Minister Narendra Modi's Mann ki Baat radio broadcast, swacchagrahi or foot soldiers who have played a key role in cleanliness drives and women sarpanches (village heads) are also part of the list shared by the Union ministry of home affairs to be invited for the function.
Prime Minister Narendra Modi said the country is leaving no stone unturned in its efforts to host the Olympic Games in 2036.
The Supreme Court has adjourned pleas challenging the appointments of the chief election commissioner (CEC) and election commissioners (ECs) under the 2023 law. The court indicated the matter would be listed after the Holi festival break due to a paucity of time. Petitioners, including the NGO Association for Democratic Reforms, argued for an urgent hearing, emphasizing the importance of the issue and the potential impact on democratic processes. The appointment of the new CEC and ECs under the 2023 law, which excludes the Chief Justice of India from the selection panel, has been a point of contention, with petitioners alleging it undermines the independence of the election commission.
Bangladesh interim government's Law Adviser Asif Nazrul has condemned Prime Minister Narendra Modi's post on X commemorating Victory Day saying, "India was merely an ally in this victory, nothing more."
Check out how India's athletes fared on Day 8, Saturday, August 3, 2024:
Pakistan's election commission on Sunday declared the final result of Thursday's general elections in which independent candidates backed by jailed former prime minister Imran Khan's party got the biggest piece of the cake by winning 101 seats.
Shakti Shetty is the first female cop in Rohit Shetty's cop universe, and makes it look so much better already!
'Many of them are mutilated beyond recognition. Every day an encounter takes place.' 'Bastar has been burnt to ash.'
A summary of Indian athletes' showing at the Paris Paralympics on Sunday, September 1.
Sony World Photography Awards 2025 Winners Announced
The Anti-Discrimination Student Movement (SAD), which led protests against Bangladesh Prime Minister Sheikh Hasina, has launched itself as a political party called the National Citizen Party (NCP). The new party, which aims to 'dismantle constitutional autocracy' and establish a 'second republic,' has pledged to create a 'solely Bangladesh-oriented' political system, with no room for 'pro-India and pro-Pakistan politics.' The NCP's inaugural rally was attended by representatives of various political parties, including the Bangladesh Nationalist Party (BNP), Jamaat-e-Islami, and envoys from the Vatican and Pakistan.
Almost five years later, the three services have still not fully understood that joint/theatre commands are not a discussion point; they are the prime minister's diktat on a military reform measure that is in line with what armed forces around the world have implemented, points out Ajai Shukla.
West Bengal Chief Minister Mamata Banerjee has accused the Border Security Force (BSF) of allowing infiltrators from Bangladesh into India and claimed it's a deliberate attempt to destabilize the state. Banerjee, who alleges a larger conspiracy by the central government, has also accused some district magistrates and SPs of aiding the BSF in their alleged illegal activities. She plans to send a strongly worded letter to the Centre expressing her concerns and has directed the state police to investigate the matter further.
Prime Minister Narendra Modi on Thursday said the Bharatiya Janata Party was committed to taking tough steps to rid India of corruption, nepotism and law and order challenges.
Over the medium and long term, the BJP hopes to devour the AIADMK, they having identified the party as 'ideologically not as sound as the DMK', predicts N Sathiya Moorthy.
ICC chairperson Jay Shah has been inducted into the newly formed World Cricket Connects Advisory Board, an independent group that will discuss the future of cricket at the Lord's on June 7 and 8.
Finance Minister Nirmala Sitharaman on February 1 will present a record eighth consecutive budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
However, he claimed that this was a fight to save the party and its ideology and to make Narendra Modi Prime Minister once again.
Lending her support to Donald Trump's leadership prowess, the Italian PM said that the Left Wing is nervous about leaders from conservative parties winning and collaborating globally.
Siddaramaiah, his wife, brother-in-law B M Mallikarjun Swamy, Devaraju -- from whom Swamy had purchased a land and gifted it to Parvathi -- and others have been named in the FIR registered by the Lokayukta police establishment, located in Mysuru on September 27, following the order of the Special Court that exclusively deals with criminal cases related to former and elected MPs/MLAs.
Modi paired his dress with black shoes for the swearing-in ceremony at the forecourts of the Rashtrapati Bhavan.
Gold medallist Arshaf Nadeem brings Pakistan's first medal home to hero's welcome
As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.
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