Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
The training programme will contain thought leadership courses, group exercises, simulations, including role plays and situation analysis and personal explorations workshops
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.
Quite a few superstars are bringing their big releases to the big screen this month.
Large trade deficit and rupee decline against the US dollar are putting pressure on the CAD, and these steps are likely to have a positive impact on the external sector.
Star javelin thrower Neeraj Chopra is among the 20 sportspersons picked for the Arjuna Awards, who will be honoured by President Ram Nath Kovind at the Rashtrapati Bhawan.
There would be no retrenchment of employees and that their services conditions would also not be affected post merger.
Why MP Rajiv Pratap Rudy and his party, the BJP, are angry with Pappu Yadav.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
In his concluding remarks at the 'Chintan Shivir' in Udaipur, Gandhi had said that it is only the Congress that can fight the BJP at the national level and regional outfits cannot fight this battle of ideology.
"To make sure there isn't a Covid surge in the country, PM Modi has asked us to be careful. The government is also preparing if at the Covid cases increase. Today, mock drills are conducted across Covid hospitals in the country to make sure people get proper treatment," Mandaviya said.
Indian comic book character Chacha Chaudhary has been declared as the mascot of the government's Namami Gange Programme with an aim of bringing behavioural change among children towards the Ganga and other rivers.
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
Hundreds of people are still seen attending the rallies without wearing face masks and pushing and shoving each other for space.
Hearing a petition by former Maharashtra chief minister Uddhav Thackeray against the Election Commission's interim order freezing Shiv Sena's name and election symbol, the Delhi high court on Monday asked why it should not wait for the final decision of the poll panel on the dispute between the party factions.
After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.
The suspect, Rajiv Yadav, also asked the man, Mohammed Qasim, to go to Pakistan, they said.
According to experts, Bishnoi had been sulking since the Congress ignored him for the post of its Haryana unit chief during a revamp earlier this year.
10 grossers where he either had the leading part or played a pivotal role.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Several police officers who followed the Election Commission's orders during the recent West Bengal assembly polls get punishment transfers. Payal Mohanka reports.
The FM said an announcement with regard to the additional steps will be made after consulting Prime Minister Narendra Modi.
Objectionable social media posts against ministers, members of Parliament and the state legislature, other elected representatives and government officials shall be counted as cyber crime and warrant penal action, says a missive issued by a top police official in Bihar.
Counting of votes in all elections will be held on May 2.
At the meeting which lasted for more than half an hour, the leaders of the two parties are understood to have discussed the key issue of seat-sharing among alliance partners in the NDA, which also includes Ram Vilas Paswan's LJP.
World silver winner Deepak Punia, making a transition from junior to senior circuit, and Rahul Aware, who won a bronze in Nur Sultan, are deserving candidates for the Arjuna Award.
According to the AIIMS director, there are 10-15 per cent of people who may witness severe infection and may need extra medicines like Remdesivir, oxygen or plasma. Less than five per cent of patients need to be operated on a ventilator, he informed.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand. The gross domestic product (GDP) had contracted by a record 23.9 per cent in the first quarter of the 2020-21 fiscal (April 2020 to March 2021) as the coronavirus lockdown pummelled economic activity.
The EC issued a show cause notice to CM and Trinamool Congress supremo Mamata Banerjee for allegedly violating the model code of conduct.
Aditya Birla group chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity that the government may consider worthy to keep the company operational. The billionaire businessman made the offer in June in a letter to Cabinet secretary Rajiv Gauba. According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.
In October 2018, the Congress leader had stoked a controversy by invoking a news article where an unnamed Rashtriya Swayamsevak Sangh leader had compared Prime Minister Narendra Modi to a "scorpion sitting on a Shivling".
Syed Firdaus Ashraf/Rediff.com finds out why Sacred Games has run into trouble.
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
Joginder Tuteja looks at some of the biggest spy thrillers, and where you can watch them.
The BJP's quest for dominance over the states political scene, evident from a seat-sharing deal as part of which it clinched nearly as many constituencies as the Janata Dal-United its senior partner so far- resonated during the election campaign.
The term of the 243-member Bihar legislative assembly comes to an end on November 29.