The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan. "We have asked banks to undertake comprehensive review of the gold loan business," financial services secretary Vivek Joshi told PTI.
'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'
Kiren Rijiju's exit from the coveted law ministry came in the midst of his frequent criticism of the judiciary, particularly on the system of appointment of judges to high courts and the Supreme Court.
The amount that the 41-year-old former spin-bowling all-rounder has decided to donate was not disclosed in the report.
The government should keep the interest of unemployed youth paramount and bring out various policy aspects of this initiative, Varun said.
Gukesh's journey wasn't easy as his family dug into their savings and also turned to crowd-funding to fuel his dream.
The Dabhol power plant has seen power generation plunge in recent days on account of dwindling gas supplies.
The PCB has already donated around 10 million to the Prime Minister's Covid-19 Pandemic Relief Fund.
Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Karnataka Home Minister G Parameshwara has asserted there were no lapses on the part of the government in handling cases relating to the alleged sexual abuse of women by Hassan MP Prajwal Revanna and that the Special Investigation Team was probing them from all angles.
It is important that you assess risk at every stage of your life and take insurance accordingly. Here's some help.
Travel insurance is necessary since it pays for financial losses in different situations. Here's why you must choose your travel insurance plan painstakingly.
A married woman's self-acquired wealth can also be given to her parents -- apart from her husband, children and their relatives -- in case she dies without writing a will, the Law Commission has recommended. The Commission's suggestions are relevant more in the case of successful working women -- like corporate honchos, doctors or other professionals -- who make a fortune using their skill.
'I started as an actor when I was only two-and-a-half years old, so I am not new to attention and the perks of being an actor.'
It especially helps if you are nervous about how to achieve your goals or want a reality check on your current plan.
MSCHF, a Brooklyn-based group of artists and designers, painstakingly recreated three peoples' medical invoices as large scale paintings. The work is aptly called 3 Medical Bills.
Three ICU patients were among those being shifted from the Sushruta Trauma Centre located opposite Chandiram Akhada in north Delhi, a senior official said.
Universities and higher education institutions (HEIs) have been asked to ensure that the admission process for undergraduate courses begins only after the declaration of results by the Central Board of Secondary Education (CBSE), Indian Certificate of Secondary Education (ICSE) and all state boards.
Personal Accident Coverage is a kind of insurance coverage that covers your financial losses resulting from an accident or disability.
Subhash K Jha picks songs to celebrate Maha Shiv Ratri.
This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.
Reliance Industries is seeking about Rs 400 crore (Rs 4 billion) from state-owned oil retailers in unrealised amount on liquefied petroleum gas and kerosene, it sells to them.
Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.
The US state department, which issued the revised travel advisory, on Wednesday said that the exemptions have been given under the national interest category.
The interest rate offered by PSBs like SBI, BoB and BoI hover around 8.9 per cent-10.50 per cent. For private banks, the range is between 10.49 per cent and 12 per cent.
Prime Minister Narendra Modi on Tuesday said India will become the growth engine for the world in the coming years, and the ease of doing business has improved with "mission-mode" reforms being undertaken by his government. Speaking at the BRICS Business Forum Leaders' Dialogue in Johannesburg, Modi also said India soon will become a $5 trillion economy.
Modi also lauded party workers in the state, saying each of them is a champion
'When the mill strike started, there was crisis in every mill worker household.' 'One entire generation went without education.' 'Hunger forced them to take to crime.'
'It started with an image of a father and son riding a bike on a winter morning.'
Serena Williams' coach Patrick Mouratoglou has called on tennis governing bodies to come together and devise a way of helping lower level professionals struggling financially due to the coronavirus shutdown. The tennis season was halted in early March due to the pandemic, leaving players in the lower tiers who solely depend on tournament winnings without the opportunity to earn a living.
The Odisha government on Wednesday provided a financial assistance of Rs 5 lakh to widow of Mahatma Gandhi's killer Nathuram Godse's captor.
Around 100 Indians have committed suicide in the United Arab Emirates every year since 2011, India's ambassador in Dubai said, calling on the expatriate community to help people in distress, particularly those with financial problems.
Novak Djokovic looked back at what had shaped him as tennis's most successful male player - hardship and adversity.
Eating 'tasteless' supplements, undergoing breathing exercises and yoga is not something a teenager would love to do daily but that is the routine of shooter Ramita Jindal who has emerged as a star for India in the Asian Games.
Chinese President Xi Jinping's strict adherence to a 'zero COVID' policy had led to widespread civilian protests across the country.
A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul and M R Shah said industries and employees need each other and they should sit together to arrive at a settlement on the issue of payment of wages.
The guidelines by an expert committee, set up for revising the academic calendar in view of the COVID-19 pandemic, have been accepted by the UGC and accordingly universities have been recommended a six-day teaching learning schedule every week.