The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI. "The supervisory reviews undertaken by the Reserve Bank and the feedback and references from members of public have revealed several instances of unreasonable elongation of tenor of floating rate loans by lenders without proper consent and communication to the borrowers," he said.
Reliance was the highest bidder at Rs 63 cr for the 5 airports project.
Thackeray accused the Eknath Shinde-led government of being ideologically bankrupt.
Police on Sunday arrested a 27-year old co-actor of television and film actress Tunisha Sharma on the charge of abetting her suicide in Maharashtra's Palghar district, an official said.
Dr Santosh Pol -- now being called 'Dr Death' -- has confessed to murdering five women and a man.
'The BJP is trying to change this mantra.'
The Nationalist Congress Party, which pulled out of the United Progressive Alliance government in protest against the way the party was treated by Congress, on Saturday said it will remain an ally of the ruling coalition.
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
According to this system, a member of the opposition is assigned to follow the goings-on in a particular ministry. For each ministry or department, there would be a corresponding member in the opposition benches.
Shinde also said that the Governor occupies a constitutional post and he should be careful about not offending anyone through his statements.
An Economic survey released by the state government said the poverty estimates provided by the Planning Commission reveal poverty ratio in the state is 30.7 per cent, 3.2 per cent more than the all-India (27.5 per cent) figure.
Amid different voices within the Congress and INDIA bloc on DMK leader Udhayanidhi Stalin's remarks against Sanatan Dharma, the principal opposition party on Monday said it respects all religions and stressed that others also have the freedom to express their views.
These include key constituencies held by Opposition parties such as Uttar Pradesh's Rae Bareli (Sonia Gandhi, Congress) and Mainpuri (Mulayam Singh Yadav, SP); Maharashtra's Baramati (Supriya Sule, Nationalist Congress Party); West Bengal's Jadhavpur (Mimi Chakraborty, TMC); Telangana's Mahabubnagar (Srinivas Reddy, TRS) and Madhya Pradesh's Chhindwara (Nakul Nath, Congress).
Union minister Nitin Gadkari on Wednesday told Rajya Sabha members that he was the ''father of toll tax" on expressways in the country as he built the first such road in Maharashtra during his stint as the state minister in late 1990s.
The actor launched the Paani Foundation, which has participation from businessmen like Mukesh Ambani, Ratan Tata, Kumar Mangalam Birla.
While there is no specific treatment for dengue, recovery primarily involves managing symptoms and preventing complications, says Dr Amit Sakaria.
The National Investigation Agency on Sunday conducted searches at several places in Gujarat, Kerala, Madhya Pradesh and Maharashtra in connection with cases of Islamic State activities.
'Government supplied public services are less likely to be found in neighbourhoods with high numbers of Scheduled Castes and Muslims.'
Gangster Sachin Bishnoi, who was allegedly involved in the murder of Punjabi singer Sidhu Moosewala, was extradited from Azerbaijan and brought back to India on Tuesday, officials of the Delhi police said.
'The untimely demise of Shri Cyrus Mistry is shocking. He was a promising business leader who believed in India's economic prowess,' Prime Minister Modi said in a tweet.
State Higher and Technical Education Minister Chandrakant Patil also said that the government will introduce four-year degree courses from June 2023 as mandated under the National Education Policy and the universities will have to implement the decision.
The government on Tuesday introduced a constitutional amendment bill reserving 33 per cent seats for women in the Lok Sabha and state assemblies, reviving a proposal pending for years and blending history, politics and societal imperatives on the first day in the new Parliament building.
Will a caste census make tens of millions desert Mr Modi?, asks Shekhar Gupta.
The chairman of the Bill & Melinda Gates Foundation expressed satisfaction at the Foundation's programmes in the state on AIDS.
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories.
Shivaji Pawar made a startling revelation: Though the subject matter of his investigation was the January 1 violence, he had not examined any of the witnesses to that violence.
Following are the possible contenders for the post of Maharashtra chief minister. We request our readers to take the poll at the end of this list.
Speaking at a public function at Mangarh Dham in Rajasthan's Banswara, Gehlot said India has scripted history in the world as democracy in alive in the country even after more than 70 years since it achieved independence.
'Uddhavji will face the no confidence motion on the floor of the House whenever it happens.'
'Please do not threaten us with street violence.' 'Do you have some humanity left in you?'
PM2.5 pollution in the national capital has reduced by over 7 per cent in four years, from 108 micrograms per cubic metre in 2019 to 99.71 micrograms per cubic metre in 2022, the report by NCAP Tracker said.
Ramkumar Ramanathan partnered with American Hunter Reese won his first main draw win at a Grand Slam at Rolland Garros on Wednesday
Prime Minister Narendra Modi on Sunday accused the opposition of playing 'negative politics' and said now the entire country is rooting for corruption, dynasty and appeasement to 'quit India'.
United Progressive Alliance chairperson and Congress president Sonia Gandhi today called off her visit to the tribal-dominated region of Akkalkua in Maharashtra's Nandurbur district due to inclement weather
Prime Minister Narendra Modi inaugurated the new Parliament building Sunday morning and installed the scared 'Sengol' in the Lok Sabha chamber, right next to the Speaker's chair, after performing a puja.
Last September, the United Progressive Alliance (UPA) government chose Tembhli, a small village in the predominantly tribal Nandurbar district, to launch its ambitious Unique Identification (UID) project - now known as Aadhaar - giving it a special mention in history.
The Swabhimani Shetkari Sanghatana has joined the saffron alliance in Maharashtra. Will the votes it brings to the table loosen the political hold of the entrenched Maratha-dominated sugar barons of the NCP-Congress in western Maharashtra?
Governors must be impartial, fair, and above narrow politics to uphold the values and spirit of the Constitution. But in a rapidly changing political culture where the unstated rule is to crush the Opposition, such values have no meaning. At stake are Constitutional values, federalism and governance, asserts Ramesh Menon.
Usually, taking two wickets against a strong North Zone would leave any 17-year-old bowler with a wide smile. But Jotin Singh's smile had a tinge of nervousness.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances