HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.
Prime Minister Narendra Modi, in bilateral talks with Chinese President Xi Jinping, emphasized that both nations must show sensitivity to each other's core issues and be guided by mutual respect, sensitivity, and interest. Modi highlighted the critical importance of peace and tranquillity along the Line of Actual Control for the development of India-China relations, while also addressing concerns regarding Taiwan and Tibet.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
India head coach Gautam Gambhir revealed that dropping Sanju Samson from the England tour was his toughest decision, despite Samson being the Player of the Tournament in the T20 World Cup. Gambhir explained that while Samson was temporarily replaced by Vaibhav Sooryavanshi, the team prioritised returning to their established World Cup-winning combination. He also addressed the issue of player injuries and the challenge of Shubman Gill not having a full-strength team, emphasising the importance of long-term performance and providing opportunities for new talent.
Two IIT Gandhinagar students have developed "TrustGate," an AI-based cybersecurity system designed to protect critical infrastructure like water treatment plants and power grids. The system uniquely combines network traffic and physical sensor data to detect sophisticated cyber attacks, identify affected equipment, and provide real-time alerts to operators, earning them an international award.
The Union Home Ministry has issued a stern advisory to states and Union Territories, highlighting a "dangerous trend" of human trafficking through "overseas recruitment scams." These scams lure victims with promises of high-paying jobs abroad, only to trap them in "CyberFraud Centres." The ministry has called for a "specialised offensive" involving various state agencies to combat this growing menace, emphasising strict enforcement, agency verification, and public awareness.
The reigning champions Indian men's chess team suffered a significant 1.5-2.5 defeat against Uzbekistan in the sixth round of the 46th Chess Olympiad, losing their lead. While key players like Praggnanandhaa, Erigaisi, and Gukesh drew their matches, Nihal Sarin's loss to Nodirbek Yakubboev proved decisive. This setback leaves the Indian men needing a strong comeback, while the Indian women's team showed promise against the USA.
Comedian Pranit More has approached the Supreme Court to club multiple FIRs filed against him after a guest on his show made a controversial "Rs 370 biryani" remark, deemed misogynistic. More's counsel informed the court that he has apologised on all forums, including the National Commission for Women, and the apex court has sought notices from the Centre and state governments.
A CNN reporter was denied entry to the White House and had her press pass seized on Saturday (local time), as the Trump administration began enforcing President Donald Trump's announced ban on CNN, MS NOW and Politico from the White House premises.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
Three infants tragically died after a fire erupted in the Special Newborn Care Unit (SNCU) of the state-run RIMS hospital in Adilabad, Telangana. A preliminary inquiry suggests a short circuit in the air-conditioning unit caused the blaze, leading to thick smoke. State Health Minister C Damodar Rajanarasimha has ordered a comprehensive inquiry into the incident, promising strict action against any negligence.
Super League Kerala is implementing a new financial model to ensure franchise sustainability and has partnered with the German Football Association (DFB) for a five-year technical roadmap. This includes establishing a residential Centre of Excellence to nurture young football talent while integrating formal education.
India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.
PAYD suits infrequent drivers who can estimate annual mileage.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.
A POCSO court in Assam's Dhubri district has sentenced Utpal Ray to death for the rape and murder of a four-year-old girl in 2023, terming the crime "rarest of rare". The convict also received life imprisonment for rape and other sentences for related offences.
The Election Commission of India has defended its Special Intensive Revision (SIR) of voters' lists, asserting that differing views among Commissioners are a normal part of deliberations and all orders carry full legal sanction, following reports of two Commissioners red-flagging issues.
The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.
The Supreme Court commuted the death sentence of a man convicted of sexually assaulting and strangling his six-year-old step-daughter to life imprisonment for the remainder of his natural life. The court affirmed his conviction but cited mitigating circumstances and the state's failure to exclude the possibility of his reformation, while also highlighting issues with the trial court's sentencing procedure.
A Mumbai court has granted bail to Rohan Parikh, a 24-year-old student, and his bodyguard, Dilip Kunde, who were arrested for entering Jio World Plaza with a firearm and a fake PMO identity card. The court cited the lack of "overt malicious act" and the potential prejudice to the student's future as reasons for bail, setting a cash bond of Rs 50,000 each.
RBI Deputy Governor S C Murmu stated that the introduction of merchant discount rate (MDR) on UPI transactions is unlikely to cause a shift back to cash, despite some concerns, emphasising that MDR will help the payments ecosystem recover costs.
The Karnataka Assembly has passed a resolution rejecting the K Kasturirangan report on Western Ghats conservation in its current form. The state government urged the Centre to address deficiencies, particularly concerning the inclusion of agricultural lands and human settlements in Environmentally Sensitive Areas (ESA) without proper physical surveys or livelihood support.
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
Former England winger Raheem Sterling pleaded guilty to dangerous driving after being seen inhaling 'laughing gas' before crashing his Lamborghini. The incident occurred on the M25 and M3 motorways, with witnesses reporting erratic driving. Sterling also admitted possession of nitrous oxide and failing to provide a blood specimen. The case has been adjourned for a pre-sentence report, and he has been disqualified from driving.
'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'
India's Election Commission's centralised voter database systems, ERONET and ECINet, are under scrutiny following concerns raised by Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi regarding the centralisation of electoral rolls and control available to state election officials. The article explains how these systems work and why they are currently in the news.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
The IIT Bombay Faculty Forum has expressed strong solidarity with Professor Suryanarayana Doolla, who was invigilating an exam where a student was found using a smartphone, an incident preceding the student's death by alleged suicide.
Joga Purty and Deepu Mallesh, India's speed climbing representatives, are set to make their Asian Games debut. The athletes, who discovered the sport through different paths, discuss their journeys, the challenges of pursuing a niche sport, and their excitement for the upcoming competition, where India aims for its first climbing medal. They also highlight the need for better support and exposure for the sport in India.
India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.
New Zealand all-rounder Rachin Ravindra is a doubtful starter for the upcoming T20 series against India due to a dislocated shoulder sustained during a promotional shoot. While initial medical assessments show no major structural damage, his return depends on rehabilitation. New Zealand Cricket and coach Rob Walter have indicated they will not rush his recovery, especially with a demanding schedule ahead.
Pakistan conducted airstrikes in Afghanistan's Kunar and Paktika provinces, claiming to have killed 28 terrorists in response to recent attacks on its security forces. However, the Afghan Taliban government condemned the strikes, reporting three civilian deaths and four injuries, and warned of an 'appropriate response,' further escalating cross-border tensions.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
Heart Of The Beast may not tell a new story, but its old-fashioned storytelling makes these familiar elements work well enough for a heartfelt drama, notes Mayur Sanap.
'The FFI jury said Gondhal is the best film in terms of overall quality -- the sound, background music and cinematography.' 'In every aspect, I don't think this film can be compared to other Indian films. This may sound like overconfidence, but we know what we have done.'
Opener Abhishek Sharma slammed a blistering 30-ball hundred -- the fastest century by an Indian batter in T20 Internationals.
Supreme Court Justice Dipankar Datta has strongly criticised the 2023 law for selecting the Chief Election Commissioner and election commissioners, arguing that the executive's dominant role in the selection committee creates a 'shadow of doubt' over the Election Commission's independence, even if appointments are meritorious.
The three National Testing Agency (NTA) subject experts breached an "obligation of secrecy" and circulated the question papers of the NEET UG exam, said the the chargesheet filed by the Central Bureau of Investigation before a Delhi court.
