The Union Cabinet on Wednesday approved amendment to the DICGC Act to provide account holders access to up to Rs 5 lakh funds within 90 days of a bank coming under moratorium to ensure timely support to depositors. Last year, the government raised insurance cover on deposit five-folds to Rs 5 lakh to provide support to depositors of ailing lenders like Punjab and Maharashtra Co-operative (PMC) Bank. Following the collapse of PMC Bank, Yes Bank and Lakshmi Vilas Bank too came under stress, leading to restructuring by the regulator and the government.
Many families in the affected area are finding it hard to sever their emotional ties with their homes and move out.
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Congress local leader Rashid Khan on Tuesday claimed that prayers were earlier held at the Charminar, an Archeological Survey of India protected site, however, Muslims were debarred from offering prayers at the site two decades ago.
A globe spanning, 15-year investigation has led to the repatriation of 307 antiquities by the United States that were stolen and trafficked from India and valued at nearly four million dollars, the majority seized from disgraced art dealer Subhash Kapoor.
Rediff.com's Rajesh Karkera and Hitesh Harisinghani take us backstage to give us a glimpse of the sweat, toil and teamwork that makes a show successful.
While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
India's top female sportspersons, including ace shuttler PV Sindhu and world champion boxer MC Mary Kom on Saturday praised Prime Minister Narendra Modi's 'Bharat Ki Laxmi' initiative.
Gokhale, in his tweets on June 13 and 26 made reference to certain property purchased by former Assistant Secretary-General at the United Nations Lakshmi Puri in Switzerland and also referred to her husband Union Minister Hardeep Singh Puri.
The number of subsidence-affected homes rose to 678 while 27 more families were evacuated to safety, a bulletin from the Disaster Management Authority in Chamoli said, adding so far 82 families have been shifted to safe locations in the town.
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Masks were not worn by a large proportion and social distancing appeared impossible in an event in which, according to the mela administration, over 17 lakh people had taken a dip in the river in the first few hours up to 10 am.
Wondering how the stars are embracing the first week of 2022 after celebrating New Year's Eve with a lot of fun and enthusiasm?
The launch of a new party by former Karnataka minister and mining baron G Janardhana Reddy has spiced up the poll scene in parts of state.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
'What we have to think about is, how to improve the efficiency of public sector banks.' 'You have to make decision-making more prudent, and free from government intervention.'
As many as 623 candidates, including 73 women are in the fray in the first phase and around 2.28 core voters, including 1.24 crore men and 1.04 crore women are eligible to caste their francise, election officials said.
'India is a multifaceted place that resides in one country.' 'I always say that there are 1.3 billion Indias and everyone takes their own form and shape of the country.' A fascinating glimpse from Barkat: The Inspiration And Story Behind One Of The World's Largest Food Drives, Feed India.
"If we burst firecrackers on this Diwali, we are playing with the lives of our children and families," he added.
The supermodel and Top Chef host's love for food will leave you hungry.
The 10-member jury was headed by filmmaker Vipul Shah. The awards were announced by jury member Dharam Gulati.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Everyone is watching Korean content.' 'Their films are a lot like our Indian films.' 'Their emotion, expressions, it's all very Indian.'
The auction is being conducted through web portal pmmementos.gov.in and it has one section that lists items under the head 'Most Participated Auction'.
How did Arvind Kejriwal, a one-time votary of secularism, turn into a bargain-basement version of Narendra Modi, wonders Vir Sanghvi.
Gautam Adani, India's and Asia's second-richest person, added $49 billion to his wealth last year - more than the net addition of wealth by the top three global billionaires Elon Musk, Jeff Bezos and Bernard Arnault, the 2022 M3M Hurun Global Rich List said on Wednesday. Mukesh Ambani, who runs the oil-to-retail conglomerate Reliance Industries, continues to be the richest Indian with a wealth of $103 billion, a 24 per cent rise year-on-year. Adani, the head of ports-to-energy conglomerate Adani Group, is a close second with his wealth surging 153 per cent to $81 billion.
Chess champion Koneru Humpy has been nominated for the prestigious Rajiv Gandhi Khel Ratna award
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
A political novice, YSRC's M Gurumoorthy defeated former Union Minister of State Panabaka Lakshmi of the TDP by a margin of over 14 per cent votes.
Chief Minister Basavaraj Bommai appealed to people to celebrate Hindu new year Ugadi and 'Hosa Tadaku' festivals peacefully without disturbing law and order.
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From eating waffles and hot dogs from food vendors around Central Park, to having dimsums at Chinatown, the Top Chef host reveals her favourite food places.
'So South Indian, it would be idli with... a really good sambar, and then north Indian -- probably any kind of tikka.' Hmm. You can take a girl out her mom's country, but you can't take the country out of the girl!'
A round-up of all the action from the lives of Indian and international models.
Farah wishes Gauri... Prithviraj promotes Bhramam...
Chennai-based Lakshmi Vilas Bank is set to merge with Indiabulls Housing Finance in a share-swap deal, RBI may not be comfortable with a bank owner having realty business under its wings.
