With the support from eight political parties, 78-year-old Poudel's victory was certain. His rival Subas Chandra Nebmang had support of former prime minister KP Sharma-led CPN-UML.
The local administration has set up relief centres at four-five places in the Himalayan town, Garhwal commissioner Sushil Kumar said.
'I had a complex, three-stage surgery, but I am not done yet'
He also said that Chhatrapati Shivaji's life was all about revolting against the atrocities, and the fight for 'swaraj' (self-rule) started by him continues still today.
Gangmei in his appeal said the HAC "was a necessary and proper party and the proceedings before the high court were vitiated on account of not making the HAC a party".
Transiting from "survival mode", which took most of the management time in FY21, the bank has been able to take a long-term view in terms of growth and preparing technology in the past 12 months.
The definition will be revised by raising capital base to Rs 2 crore from the current limit of Rs 50 lakh.
On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).
Prime Minister Sharif will be visiting Beijing with a high-powered delegation from November 1, 2022, where minutes of the joint coordination committee meeting will be signed.
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?
Modi said he was at a loss of words to describe what he felt while he was sitting before the statue.
The idol of the goddess was taken to the temple in a silver palanquin, shouldered by Adityanath.
Colonel Ajay Kothiyal, Kirti Chakra, Shaurya Chakra, is one of the most decorated soldiers to join politics. He still has two bullets lodged inside his body sustained in a gun battle with terrorists in J&K.
Antonio Watson won a thrilling World Championship 400 metres gold on Thursday.
Modi said the new Parliament reflected the aspirations and resolve of the "new India" to set and work towards achieving new targets.
India has issued a notice to Pakistan for modification of the Indus Waters Treaty of September 1960 following Islamabad's "intransigence" on its implementation
Anushka Sharma is not with husband Virat Kohli, who is playing the IPL in the UAE.
It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay.
Myhaylo Yurkiv, 65, stands in the small bunker he stayed in for six months during fierce battles under Russian occupation which destroyed every home in the village in Tsupivka and cut the village in two by the shelling of a bridge, leaving him now as the only person living on his side of the village.
State-owned Punjab & Sind Bank is targeting salary accounts to boost the share of low-cost deposits. Swarup Saha, managing director and chief executive officer of the New Delhi-based lender, tells Manojit Saha that the bank may see gross non-performing assets (NPAs) fall below 8 per cent if there is resolution of the stressed assets.
The Reserve Bank on Friday extended the regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank by another six months till December 2021 to enable the completion of its takeover by Centrum Financial Services. Paving the way for takeover of the crisis-ridden bank, the RBI had earlier in the month granted in-principle approval to Centrum Financial Services to set up a small finance bank (SFB). "Taking into account the time required for completion of various activities involved in the process...the validity of the ...Directive dated September 23, 2019, as modified from time to time, has been extended for a further period from July 1, 2021 to December 31, 2021, subject to review," the RBI said in a notification.
Russia suffered a serious military setback when its forces had to withdraw from the Kharkiv region.
Niti Aayog will prepare the next list of central public sector companies for disinvestment in the next few weeks, its vice chairman Rajiv Kumar said on Thursday and expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI. Days after Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22 laying out various measures (including disinvestment proposals) to bolster the pandemic-hit economy, Kumar also emphasised that the Modi government has shown consistent commitment for the welfare of farmers and for the improvement of the agriculture sector. "Now the process has begun... We will complete preparation of the next list in the next few weeks, we have got the marching order," Kumar said about the list of public sector companies for the next round of stake sales.
the three investors that have submitted their final bids are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is that PMC may lose its cooperative bank characteristic after its reconstruction.
With the Reserve Bank of India's (RBI's) draft reconstruction scheme for the troubled lender suggesting a permanent write-down of these bonds outstanding as of March 5, bondholders who have invested RS 10,800 crores are up in arms, reports Hamsini Karthik.
The PSInSAR satellite technique used to observe the gradual sinking of Uttarakhand's Joshimath town is a powerful remote sensing tool capable of measuring and monitoring displacements in the Earth's surface over time.
The four accused were shot dead on NH-44 near Hyderabad -- the same highway-- where the charred body of a 27-year-old veterinarian was found.
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay.
Dutch fans right to boycott World Cup-Van Gaal
The ED had arrested Chatterjee, who is also the Trinamool Congress secretary-general, on July 23 in connection with its investigation into alleged irregularities in the recruitment drives by the School Service Commission.
The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.
The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5.
India on Thursday abstained on a draft resolution in the UN Human Rights Council in Geneva on promoting reconciliation, accountability and human rights in Sri Lanka which was adopted.
Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. The lenders for the second time extended the deadline for submission of bids, which had ended on August 20, as several players, including public sector companies, were redrawing their acquisition plans, said people in the know. "There were several companies which had submitted their expressions of interest (EoIs) for the company but after due diligence decided to exit the race," said a source close to the development. "The new deadline for submitting financial offers is August-end," the source said.
Only the future will tell if Modi can leave his mark on the Ukraine crisis. Nonetheless, it is both a challenge and an opportunity for India's diplomacy, notes Rup Narayan Das.
Reliance Capital Ltd (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said. Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020. Following this, 10 new bids have come in for Reliance Capital's assets, taking the total number of bids to 70, the sources said.
West Bengal's industry minister Partha Chatterjee, arrested in the SSC scam, should be removed immediately from his post and expelled from the Trinamool Congress, the party's state general secretary Kunal Ghosh demanded on Thursday.
Hardik Pandya branded the newly-constructed stadium 'unreal' while retweeting BCCI's original tweet.
The projectile, fired by some unidentified people, hit the Saanjh Kendra adjoining the Sarhali police station on the Amritsar-Bathinda highway on Friday night.
