The brand new terminal at the Indira Gandhi International Airport of New Delhi marks the culmination of a long journey for Grandhi Mallikarjuna Rao.
This huge 52-foot Ganesha idol was made by nearly 100 workers over 50 days, in Khairatabad town in Andhra Pradesh.
From handling a jute mill to doing global infrastructure projects, Rao has come a long way.
Vice President M Venkaiah Naidu said in Amaravai on Friday that certain forces were conspiring to damage the sovereignty and integrity of India by provoking internal strife and expressed anguish over some recent incidents in different parts of the country.
Four state-owned banks on Friday said the government has extended tenures of their top officials, including managing director and chief executive officers (MD and CEOs) of Punjab National Bank and Bank of Maharashtra. Besides, the government has extended the tenures of executive directors of Punjab National Bank (PNB), Union Bank of India and Central Bank of India. The government sent notifications to these banks on Thursday, informing them about the extensions given to the top-level officials.
The RBI had on August 7 announced a five-member expert panel under former ICICI Bank chairman Kamath to make recommendations on the required financial parameters for recasting corporate loans.
Telugu Desam Party president N Chandrababu Naidu was sworn in as the first chief minister of new Andhra Pradesh at a function at Nagarjuna Nagar, 18 kms from Vijaywada on Sunday.
The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.
Of the six-member rate-setting monetary policy committee, five members voted for a 25 bps cut while one by 40 bps, the RBI said.
During a three-hour long virtual meeting with CEOs of large public and private sector banks along with heads of NBFCs, the prime minister assured them that the government is ready to take all steps to support the financial sector.
The Centre has advised banks to make a 20 per cent reduction in expenditure related to non-core business activities, along with deferring "avoidable expenditure" on "purchase of staff cars", "refurbishment of guest houses" and on the interior decoration of administrative and back offices.
Heads of various public and private sector banks on Thursday sought to present a counter-narrative on RBI Governor Shaktikanta Das warning lenders about the perils of extreme risk aversion in the pandemic-stricken environment where credit demand is on the wane.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
A court in Anantapur in Andhra Pradesh has issued notices to Prime Minister Manmohan Singh, Congress president Sonia Gandhi and six union ministers on a petition filed by two advocates over bifurcation of Andhra Pradesh.
The case relates to protests near the I-T office in Bengaluru by the leaders including the then chief minister H D Kumaraswamy against the income tax raids at the residence of Congress and JD-S leaders.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
However, the MLA, who was upset at not being made a minister, said he will go by the instructions of his voters and supporters on accepting the saffron party's offer.
'I was at a very senior position in the CBI and what happens is, hints are dropped for you to act upon. But then it depends upon your conscience, to do it or otherwise.' 'I know the rank and file of the CBI, they will bounce back; it is the leadership which has failed.'
