'We hope we will be able to at least end crashes that involve collisions with stationary vehicles as there will be an automatic warning.'
The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said a Reserve Bank report released on Wednesday.
Developers are entering one of the busiest construction cycles, with the top four firms planning launches worth Rs 1.13 trillion over the near to medium term, even as execution faces pressure from approval delays, labour shortages, rising costs, and contractor capacity limits across the industry.
State Bank of India has embarked on a drive to cut the Know Your Customer (KYC) process to a single one across its branches, a top official said on Tuesday.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
The Leh Apex Body (LAB) is demanding a judicial probe into the recent violence in Leh, which resulted in four deaths and numerous injuries. The LAB co-chairman, Chering Dorjay, denies any foreign involvement and alleges excessive force by police and CRPF personnel.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
Maharashtra Forest Minister Ganesh Naik stated that Eknath Shinde won a 'lottery' in reference to his appointment as chief minister in 2022. Naik's comments have sparked controversy, with Shiv Sena leaders criticizing his remarks.
Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.
Jammu and Kashmir AAP chief and MLA Mehraj Malik was detained under the Public Safety Act for allegedly disturbing public order in Doda district. The detention has sparked condemnation from opposition parties.
A comprehensive risk assessment warns that Kishtwar district in Jammu and Kashmir faces a serious threat from glacial lake outburst floods (GLOFs), endangering lives, infrastructure, and the ecosystem. The report calls for immediate mitigation measures and long-term strategies to build resilience.
Home purchase affordability has improved in the first half of calendar year (CY) 2025, after the RBI reduced the repo rate by 100 basis points (bps), according to real estate consultancy Knight Frank India.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'
Hours after being dismissed from service for 'concealing' his marriage with a Pakistani woman, Central Reserve Police Force trooper Munir Ahmed said he solemnised his marriage nearly a month after getting permission from the force's headquarters last year.
Protests and a partial bandh were observed in the communally sensitive Bhaderwah town of Doda district in Jammu and Kashmir on Saturday following an objectionable social media post allegedly put up by a leader of a Hindu group. The post drew resentment from members of both Hindu and Muslim communities, prompting authorities to suspend mobile internet services as a precautionary measure. An FIR has been registered against the accused, Virender Razdan, and raids are underway to nab him.
The Supreme Court of India has overturned an order by the National Green Tribunal (NGT) that halted construction activities at Auroville in Chennai. The court emphasized the need for a "golden balance" between the right to development and the right to a clean environment, upholding the principle of sustainable development. The decision comes as a victory for the Auroville Foundation, which had challenged the NGT order, and highlights the ongoing debate about balancing environmental concerns with economic growth in India.
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
The Budget assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty.
The Council looks into the game at grassroot level and is responsible for its subsequent global development.
The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024 on the back of falling slippages and steady credit demand. The RBI also flagged concern over a sharp rise in write-offs, especially among private sector banks (PVBs), which could be partly masking worsening asset quality in unsecured lending segment and dilution in underwriting standards.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'
The polling will be held from 9 am to 1 pm while the counting of votes will begin at 3 pm the same day.
The AAP suffered a humiliating defeat in Haryana with most of its candidates set to lose their security deposit.
The Jammu and Kashmir government on Monday evening decided to postpone the general elections of chairmen for Block Development Councils (BDC's) by bringing forth an ordinance.
In the election held earlier in the year, the AAP lost the sole seat it contested and the Congress won five out of 10 seats.
The poll process for the second tier of the Panchayati Raj system will be completed by November 5, he said.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
'Ladakh has become a hollow UT.' 'Bureaucrats from Delhi rule Ladakh and there is no attention paid to the grievances of the people.'
Officials said the polling went off peacefully in all segments including special polling stations along the International Border and Line of Control (LoC) with no untoward incident reported from anywhere.
Modi began his nearly 45-minute speech by welcoming the people who attended the rally in the Kashmiri language. "This time, the (assembly) election will decide the future of Jammu and Kashmir, which has remained the target of foreign powers since Independence," he told the gathering.
The withdrawal of the candidature by DPAP leaders on the last day on August 30 is seen as a boost to the NC-Congress alliance.
Designer Rohit Bal, a pioneer who helped put Indian fashion on the global map and dressed celebrities at home, Hollywood and elsewhere, died on Friday night at a south Delhi hospital following a heart attack. He was 63.
Incidentally, 164 of the total 356 candidates in the fray from the 43 assembly seats of Jammu region got less votes than none of the above, which gives an option to voters to reject all candidates in a constituency.
The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
The Bharatiya Janata Party on Tuesday clinched a stunning hat-trick win in Haryana overcoming anti-incumbency and dashing Congress' hopes of a comeback while the National Conference-Congress combine pulled off a spectacular victory in maiden elections in Jammu and Kashmir after abrogation of Article 370 in 2019.
'Article 370 is now dug 70 feet deep in the ground. It cannot come out.'
Nationalist Congress Party-Sharadchandra Pawar chief Sharad Pawar stood up when he came face to face with his estranged nephew and Maharashtra deputy chief minister Ajit Pawar at an official meeting in Pune on Saturday.
Leaders of the JD-U, which has two ministers in the Union government, insist that the resolution also spoke of "special package and other types of help" and that Bihar could still get a lot from Narendra Modi government.
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