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.
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."
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.
Yunus said his administration took over to carry out three mandates 'justice, reform and elections.'
Gold medallist Arshaf Nadeem brings Pakistan's first medal home to hero's welcome
Amravati MLA Ravi Rana has claimed Shiv Sena-Uddhav Balasaheb Thackeray head and former Maharashtra chief minister Uddhav Thackeray will join the Modi government in 15 days after the Lok Sabha election results come out on Tuesday.
Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.
Responding to the 'Women, Reclaim the Night' call given on social media by commoners, college students, home-makers and employees of offices will congregate in key thoroughfares in small towns and big cities, including in various parts of Kolkata.
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
The Congress president during his year at the helm of the party has repaired the citadel for far more challenging years ahead, and played a crucial role in shaping the Opposition alliance.
The PM gave a call for 'Sabka Prayas' (everyone's efforts) along with ''Sabka Saath, Sabka Vikas, Sabka Vishwas'' for building a self-reliant India.
Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.
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.
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.
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.
'For the first time in this country, perhaps the first time anywhere, we are going to use backwardness index.' 'It is a fundamental shift in the discourse in the country's social justice.'
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.
China on Monday conducted day-long large-scale military drills aimed at surrounding Taiwan by deploying an aircraft carrier group, besides army, navy, air force and missile forces, in an apparent response to Taiwanese President Lai Ching-te's remarks that Beijing has no authority to represent Taipei.
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.
President Droupadi Murmu on Wednesday emphasised the need to strengthen affirmative action as a tool for inclusion while urging the rejection of divisive tendencies rooted in perceived social hierarchies.
Prime Minister Narendra Modi met with the Indian contingent which returned from the Paris Olympics with six medals.
Video surveillance shows Ali walking to his home at night with a packet in his hand when the three men chase him.
...the DMK chief minister's campaign -- which includes criticism of the BJP's 'pro-Hindutva, anti-Tamil, anti-federal' policies and building on his own government's social welfare programmes targeting especially women and youth -- appeals to Tamil Nadu's voters in next year's assembly election, explains N Sathiya Moorthy.
A look at how India's athletes fared on Day 4, Tuesday, July 30, 2024:
Four-time Odisha MP Pinaki Misra's wedding to firebrand TMC MP Mahua Moitra in a quiet, intimate ceremony that chose privacy and tradition over fanfare, was a reflection of his personal style.
'Days ago, India witnessed the horror of the brutal rape and murder of a woman doctor on night duty at the R G Kar hospital in Kolkata.' 'The crime was so outrageous that any self-respecting chief minister should have resigned, bearing moral responsibility.' 'But then the terms 'self-respect' and 'moral responsibility' do not exist in the modern Indian political lexicon,' argues Vice Admiral Biswajit Dasgupta (retd).
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.
The Indian Medical Association has announced a 24-hour nationwide withdrawal of non-emergency services from 6 am on August 17 to protest against the alleged rape and murder of a trainee woman doctor at the state-run R G Kar Medical College and Hospital in Kolkata and the subsequent vandalism at the facility.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
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.
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.
With the assembly polls only two years away, in 2026, any demoralising defeat in 2024, would challenge not only the party's continued relevance but also EPS's leadership, asserts N Sathiya Moorthy.
'The Pataudi Trophy vanished overnight -- no farewell, no tribute, just a quiet replacement.' 'If a name can be erased this easily, what faith can we place in the permanence of Tendulkar-Anderson?'
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.
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.
The Rajya Sabha deputy chairman, Harivansh, has dismissed the impeachment notice against Vice President Jagdeep Dhankhar, calling it an act of impropriety, flawed, and hasty. The notice was signed by 60 opposition members who alleged that Dhankhar was "biased." The deputy chairman ruled that the notice was designed to denigrate constitutional institutions and malign the Vice President, and lacked factual basis. He also criticized the notice as a "misadventure" in "deliberate trivialising and demeaning" the high constitutional office of the Vice President.
The biggest releases of 2025 will actually start arriving in theatres from the Independence Day weekend.
For the BJP, the RSS' organisational heft is a prized asset, considering the slew of elections it faces this year, ahead of the Lok Sabha election in 2024.
