Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis Bank for an estimated Rs 12,325 crore. Global banking majors such as ANZ Grindlays, RBS, Commonwealth Bank of Australia have scaled down their operations in India. In a mega-deal announcement on Wednesday, Axis Bank and Citibank said their boards have approved acquisition of Citibank's consumer businesses in India by Axis Bank.
I don't read anything into it until I see what their actions are, Biden told reporters.
Backing long-distance runner OP Jaisha's claim of having no support from the Indian officials at the recently concluded Rio Olympics, senior advocate and Rajya Sabha MP KTS Tulsi on Wednesday said that the incident revealed 'gross mismanagement' on the Centre's part.
The high court heard a plea by Pannnerselvam's aides on Sunday against the election to the powerful general secretary post, scheduled to be held on March 26.
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Prime Minister Narendra Modi and United States President Barack Obama wrote a joint editorial in The Washington Post, which appeared on its website.
The US president has slammed the op-ed titled "I Am Part of the Resistance Inside the Trump Administration', calling it 'gutless'.
"The Punjab government is running just like the Modi government. Doing headline management to hide its failure. After winning on the slogan of bringing change, it is doing politics of revenge," he also said in a tweet.
The Indian Army said the exercise Vajra Prahar was "significant" in terms of security challenges faced by both nations in the backdrop of the current global situation.
The Rafale maritime fighter aircraft on Monday demonstrated its operational capability at a naval facility in Goa as the Navy plans to acquire a fleet of combat jets for its indigenous aircraft carrier (IAC) Vikrant, people familiar with the development said.
Union Home Minister Amit Shah on Thursday reviewed the situation prevailing in Jammu and Kashmir, including the security arrangements along the border with Pakistan, officials said.
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The Supreme Court on Monday said that it would hear on July 6 a plea filed by former Tamil Nadu Chief Minister Edappadi K Palaniswami challenging the Madras high court order staying the passing of any unannounced resolutions in the meeting of the All India Anna Dravida Munnetra Kazhagam general and executive councils concerning the issue of single leadership of the party.
'The Kuki-Zo are aware of this rich resource in their areas and feel the Meitei push for ST status is because of this reason'.
However, the EC is yet to make an official announcement in this regard.
GlobeOp Financial Services, a provider of automated support services and risk reporting for hedge funds, is to commence operations in India by opening an office in Mumbai.
China opposed to "double standards" on counter-terrorism operations.
Declaring the organisational poll results to top two posts, party's election official C Ponnaiyan said Panneerselvam and Palaniswami were elected unanimously, without contest to the posts of Coordinator and Joint Coordinator respectively.
He also said a total of Rs 38.75 crore, deposited by people in the Karavannur Cooperative bank in this district, which is now facing charges, had already been returned.
Asserting that there was no split in the party, All India Anna Dravida Munnetra Kazhagam leader from Sasikala camp M Thambidurai on Thursday requested the Election Commission "not to entertain" the dissenting cadres, who have staked claim to AIADMK symbol and sought fresh election to the general secretary's post.
After extricating five bodies from an abandoned coal mine in Jharkhand's Dhanbad district, government authorities and the Eastern Coalfields limited Wednesday called off the rescue operation, while locals and leaders of political parties claimed more people were still trapped under the debris.
AAP chief spokesperson Priyanka Kakkar said its top leadership will take a call on attending the Mumbai meeting of the opposition bloc INDIA, following the statement by Lamba.
'When a criminal assumes a new identity he think everybody knows them by that name only.' 'Criminals forget that the police are always hunting for them to put them in jail.'
BJP President Amit Shah has authorised Union Minister M Venkaiah Naidu to liaise with M Thambidurai and TTV Dinakaran from the Sasikala camp, just in case it turns against the BJP after the income tax raids on its health minister C Vijayabaskar.
Indian customers will have wider travel options as airlines introduce new flights from the end of March. While Malaysian Airlines and Turkish Airlines are resuming passenger flights to India after a gap of two years, Air France-KLM and Lufthansa Group will scale up their existing service in a graded manner in the summer schedule. Emirates, the largest foreign airline operating in India, too, is looking to restore its pre-Covid-19 schedule of 172 flights per week.
The Athletes Commission of the IOA has recommended the national Olympic body to put systems in place to deal with issues of the players "with respect and dignity" in the light of the protest by India's top wrestlers.
Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.
The infiltration bid was foiled by Army and Jammu and Kashmir Police early on Sunday morning.
The train crash happened near the Bahanaga Baazar station in Balasore district, about 250 km south of Kolkata and 170 km north of Bhubaneswar, around 7 pm on Friday, prompting the Railway Ministry to order a probe.
Bharatiya Janata Party's southern ally Al India Anna Dravida Munnetra Kazhagam on Wednesday reiterated its stand against the implementation of the Uniform Civil Code.
The ruling Congress on Thursday swept the Shimla Municipal Corporation (SMC) polls with a two-third majority by winning 24 wards out of the total 34, wresting the prestigious civic body from the BJP.
'It is definitely disheartening when (Ghoomer) doesn't reach a larger audience, especially when whoever's watched it has come out saying that "It is one of the best things we've seen in a decade" or that "It moved us, and we cried and laughed".'
Teams of the National Disaster Response Force (NDRF) were roped in to rescue hundreds of stranded people, they said.
'Tamil Nadu presents a challenge to the BJP and its politics.' 'DMK is making all efforts to resist the BJP.'
A total of 16 resolutions were passed in the crucial All India Dravida Munnetra Kazhagam general council meeting held in Chennai on Monday in which Edappadi K Palaniswami was appointed as the party's interim general secretary and O Paneerselvam was expelled for "anti-party" activities.
Chief of Army Staff Gen MM Naravane on Friday visited several forward areas in eastern Ladakh and carried out a comprehensive review of India's operational preparedness in the backdrop of its prolonged military standoff with China in the mountainous region.
In a setback to the ruling Bharatiya Janata Party-Balasahebanchi Shiv Sena combine in Maharashtra, the Opposition Maha Vikas Aghadi-backed candidates clinched two of the five legislative council seats which were up for grabs in biennial elections from teachers and graduates segments, and appeared poised to bag a third seat also.
Young, aspiring designers at Lakme Fashion Week x FDCI give this fashion mega show a brilliant start with simple, timeless designs.
"Religious festivals seem to have become occasions to intimidate and bully others -- a far cry from when they were occasions for joy and celebration. Instead, there is intimidation and discrimination only on account of their religion, food, caste, gender or language," Gandhi said.
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