The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.
Besides disclosing in their affidavits, candidates have to prominently declare criminal cases they are facing, if any, thrice in newspapers in print as well on television, he said, adding that political parties too have to publish within three days of nomination why a candidate with criminal background was selected. "You (political parties) have to tell the public whether you did not get any (other) candidate and why was it necessary to select them (those with criminal background)," he said.
Indian Grandmaster Arjun Erigaisi has a word of advice for World Championship contender D Gukesh ahead of his clash against China's Ding Liren -- just focus on your preparation and don't count yourself as a "huge favourite" going into the title showdown.
China will establish a ministerial panel to review foreign firms' attempts to buy or merge with domestic companies.
Following is India's schedule on Sunday, Day 9 of the Paris Olympics: (All timings in IST)
In a statement, the Israel Defence Forces (IDF) said, 'Hassan Nasrallah will no longer be able to terrorise the world.' The IDF said that alongside Nasrallah, the commander of Hezbollah's so-called Southern Front, Ali Karaki, was also killed, along with other commanders, Times of Israel reported.
Kane Williamson's New Zealand, currently the top ranked ODI team, arrived with a full-strength squad and having lost just one of their 12 Super League matches.
The violence broke out at Maharajganj under Mahsi tehsil on Sunday over the alleged playing of loud music outside a place of worship during a Durga Puja immersion procession, in which Ram Gopal Mishra (22) died of gunshot injuries.
Movie star-Minister Suresh Gopi visited Thane over the weekend to campaign for the ruling Mahayuti alliance in Maharashtra.
Images from Day 4 of the third Test between Australia and India in Brisbane on Tuesday.
Kagiso Rabada and Anrich Nortje are expected to spit fire on a track that will offer steep bounce as India's top-order gears up for its toughest test in adverse conditions against a top-notch South African side in the T20 World Cup on Sunday.
Talks on global climate finance virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced a wide chasm between their expectations. This has raised doubts about whether an agreement can be reached this week or whether talks will spill over to COP30, to be held next year in Benem, Brazil.
China on Monday conducted day-long large-scale military drills aimed at surrounding Taiwan by deploying an aircraft carrier group, besides army, navy, air force and missile forces, in an apparent response to Taiwanese President Lai Ching-te's remarks that Beijing has no authority to represent Taipei.
Notably, amid rumours that he is cosying up with the ruling Bharatiya Janata Party, Ajit Pawar on Friday said he would '100 per cent like to be the chief minister' of Maharashtra and that the NCP can stake a claim to the post of the CM 'now also' instead of waiting for 2024 when assembly polls are due in the state.
Yousuf, who had been attached with the Pakistan Cricket Board in different roles since last year, was part of a broad-based national selection committee that includes two former Test players, head coaches, captains and an analyst, among others.
The youngster's video, which showed him engaged in a dangerous act while clinging on to a train moving out of a platform, had gone viral after it was posted on X on July 14.
'They have been found wanting in taking stern measures to stop this because the Constitution has given them this authority and the power to ensure a free and fair election in the country.'
Bangladesh's interim government on Sunday issued a stern warning to media organisations, stating that they will be shut down if they publish or broadcast false or misleading news, in a move aimed at curbing the spread of misinformation.
Infosys has shot off a missive to its employees, asserting that dual employment or 'moonlighting' is not permitted, and has warned that any violation of contract clauses will trigger disciplinary action "which could even lead to termination of employment". "No two timing - no moonlighting!" India's second largest IT services company said in a strong and firm message to employees on Monday. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time.
A packed beyond capacity bus carrying passengers returning to work after Diwali fell into a deep gorge in Uttarakhand's Almora district on Monday, killing at least 36 of the over 60 people on board.
Pakistan Prime Minister Raja Pervez Ashraf on Thursday called for "stern action" against all banned militant groups, saying attacks like the recent bombing of a Shia neighbourhood in Karachi were aimed at weakening Pakistan's social fabric.
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The police condemned the unprovoked, unacceptable attack on an individual's religious identity and added that stern legal action is being initiated.
A turner in Pune exposed the soft underbelly of Indian batters' technique against slow bowling but as per the current team's philosophy, it has decided to take the bull by its horns by asking for a turner where the ball might turn at right angles from first hour.
The eulogies will pour for Ustad Zakir Hussain. There will be those who recount his genius, his enterprise, his achievements, his grace, and his charm. I have no selfies or autographs to remember him by, but I will never forget his most generous and gracious gift to me -- one day in heaven, among the celestial ensemble of Indian music.
Check out Indian athletes' schedule for Thursday, August 1, Day 6 of competition
The forest department has launched an investigation into the reported death of 18 to 19 monkeys in a village in Chhattisgarh's Bemetara district and recovered four rotten carcasses, a senior official said.
Outlawed Jamaat-ud-Dawah chief Hafiz Mohammed Saeed demanded "stern punishment" according to Pakistan's constitution for US official Raymond Davis, arrested for shooting and killing two men.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
When he turned 53 last year, celebrations were rather subdued. Two weeks after the Congress won 99 seats (including a personal double victory in Wayanad and Raebareli), hoardings and banners wishing Rahul Gandhi on his 54th birthday appeared around 10 Janpath (where his mama and Congress Parliamentary Party Chairperson Sonia Gandhi lives) and the Congress HQ in Delhi.
Gujarat Titans have been firing on all cylinders, with their batting prowess and bowling might.
The prime accused in the rape of a minor girl allegedly escaped from police custody, jumped into a pond and died on Saturday morning at Dhing in Assam's Nagaon district, an official said.
Jasprit Bumrah and Rishabh Pant must remain injury-free and in top form if India are to achieve a historic hat-trick of series wins in Australia, said former captain Ian Chappell.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
India's Nikhat Zareen who carries India's boxing hopes in the Paris Olympics started well on Sunday with a unanimous opening round win over Germany's Maxi Kloetzer.
With an increasing number of foreign players making to the top in the professional basketball league, National Basketball Association (NBA) Commissioner David Stern said an Indian hoopster could be seen playing in the league in the next five years.
Nitish Kumar requested Maharashtra Chief Minister Vilasrao Deshmukh to deal with such divisive elements with an iron fist. "I expect the Maharashtra government to act tough and protect our students," Nitish Kumar said in Patna on Monday morning.
'PM Modi would have swept the elections in Kashmir after notebandi but then he scrapped Article 370 so all his good work went down the drain.'
At least 12 people have been detained as police have formed a Special Investigation Team, while deputy commissioner Vishesh Paul Mahajan has assured the protesters that stern action will be taken against the accused.
'Prabhas's look in the film is a guarded secret.' 'Such an irresponsible act of vandalism is extremely damaging to the project.'
