Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Announcing the launch of "Mission Sudarshan Chakra", Modi said it will be aimed at neutralising enemy threat and enhancing India's offensive capabilities.
Strong demand for cultural and spiritual hubs is expected for destinations like Varanasi, Kolkata during Durga Puja, and Pushkar for the camel fair, besides leisure destinations like Goa, Udaipur, Jaipur and Coorg.
A woman and her lover have been arrested in Palghar, India, for allegedly murdering her husband and burying his body under the floor tiles of their home. The crime came to light after neighbors reported a foul smell and the husband's disappearance.
New tiles laid in a Palghar house led to the discovery of a man's murder. Police are searching for his wife and her lover, the prime suspects, after his body was found buried beneath the tiles.
Jaishankar said that the Pahalgam attack "was an act of economic warfare. It was meant to destroy tourism in Kashmir, which was the mainstay of the economy. It was also meant to provoke religious violence because people were asked to identify their faith before they were killed."
Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.
The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.
The government stated that Operation Sindoor was launched in response to a 'barbaric' attack by 'Pakistan-sponsored terrorists,' focusing on dismantling terror infrastructure and neutralizing terrorists likely to be sent across to India.
In a post on X, Sherman said that he 'emphasised to the Pakistani delegation the importance of combatting terrorism, and in particular, the group Jaish-e-Mohammed, who murdered my constituent Daniel Pearl in 2002'.
The blame must be shared by the investigating agencies, the government of the day and the nation at large, points out Colonel Anil A Athale (retd).
External Affairs Minister S Jaishankar discusses India's approach to cross-border terrorism following the Pahalgam attack, emphasizing a firm response and no compromise on nuclear blackmail.
Decisive action has replaced dossiers and the new India can go to any extent to uproot terrorism, Defence Minister Rajnath Singh said on Monday while stating that Operation Sindoor was on pause as the armed forces had achieved the desired objectives.
The Israel Defence Forces (IDF) on Saturday issued a new graphic showing Kashmir as Indian territory, rectifying their previous mistake.
The 30-year-old operated an Instagram account under the name 'Kamal Kaur Bhabhi' and had 3.84 lakh followers.
The delegation will now head to Ljubljana, capital of Slovenia, where they are expected to arrive on Sunday. Member of the delegation, Brijesh Chowta left earlier for Ljubljana.
India and the US have collaborated through the past one month on launching a powerful satellite; are commencing joint production of GE Aerospace's F414 jet engines in India; India is participating in a massive three week-long military exercise in the Western Pacific, observes Ambassador M K Bhadrakumar.
India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.
The Delhi High Court has dropped charges against 70 Indian nationals accused of housing foreign attendees of Tablighi Jamaat congregation in March 2020 allegedly in violation of COVID-19 norms, citing lack of evidence.
Here's a quick look at who spoke in the Lok Sabha on the first day of the Operation Sindoor debate.
External Affairs Minister S Jaishankar addresses Parliament on Operation Sindoor, denying any US trade linkage and highlighting Pakistan's request for a ceasefire through the DGMO channel.
And Surya is only happy to be among the kiddos, receiving their love while he obliges them with pictures and autographs.
'With a military-led strategy to counter terrorism emanating from Pakistan, India has clearly signalled that it would respond decisively to future terrorist threats.'
Paikara had been demanding that Upadhyay return Rs 30 lakh borrowed from him.
Metro...In Dino's assembly of actors exhaust all their charm at the end of this messy musing on metropolitan monotony, observes SUkanya Verma.
The rear coach of the Ahmedabad-Barauni Express was engulfed in heavy smoke after a fire on Monday evening between Khandwa and Itarsi section of the Bhopal division in Madhya Pradesh, though no one was hurt as the bogie was empty, an official said.
In one of the frames of the chilling video, a woman is seen trying to climb down from the balcony with the support of mere railings with huge flames emanating from the crash site just metres away.
Eight people died in a well in Khandwa, Madhya Pradesh, India, after inhaling toxic gas while cleaning it for immersions during the Gangour Mata festival. The well had been unused for a long time, allowing toxic gases to form. Rescue efforts lasted for nearly four hours before the bodies were recovered. The district administration announced an ex-gratia of Rs 4 lakh each to the families of the deceased.
What keeps the momentum going is Kajol's fully committed performance that elevates this generic material to a surprising degree of watchability, feels Mayur Sanap.
Pakistan is "in an active counterterrorism fight right now and they have been a phenomenal partner in the counterterrorism world", the general said.
"I'm very glad you raised this, Ishaan. I didn't plant it. I promise you. This guy does this to his dad," Tharoor replied amid laughter from the audience.
In a dramatic escalation of tensions, Israel launched airstrikes early Friday targeting key nuclear facilities in and around Iran's capital Tehran.
A statement issued by State Department Spokesperson Tammy Bruce said Landau "reaffirmed the United States' strong support of India in the fight against terrorism and the strategic partnership between the two countries".
'Trump's sons, and the son of Trump's Mideast envoy Steven Witkoff, are in the crypto business and recently signed deals with Pakistan's crypto council.' 'It may not be coincidental that not long before the Trump-Munir meeting, the head of Pakistan's crypto council met with Trump's White House crypto policy czar.'
If the only superpower, which calls India an ally, sees the region through an India-Pakistan prism, it is unacceptable. Rather than endorse India's sphere of influence, this undermines it, asserts Shekhar Gupta.
UAE set to decline PCB request to host PSL games
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
India will oppose the World Bank funding to Pakistan next month, arguing that Islamabad has used such funds in the past to procure arms and ammunitions. India previously lobbied against the IMF extending a USD 2.3 billion assistance to Pakistan earlier this month, presenting evidence of Pakistan's misuse of funds for military purposes. India feels that Pakistan has failed to act on terror emanating from its territory and has been diverting funds from multilateral agencies to buy arms and ammunition.
On July 2 or July 6, the Dalai Lama will reveal his mind on his successor. This makes Beijing extremely nervous as the Communist regime fully realises the importance of controlling the next Dalai Lama, points out Claude Arpi.
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