Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
All-party parliamentary delegations on Monday met with the leaders of several countries and highlighted India's resolve to combat terrorism, which they stressed must be eradicated in the interests of all humanity.
The United Nations Secretary-General, Antonio Guterres, has called for de-escalation between India and Pakistan, expressing deep concern over rising tensions following a terrorist attack in Jammu and Kashmir. Guterres reiterated his condemnation of the attack and urged both sides to avoid a confrontation, which he described as catastrophic. The Secretary-General has also offered his good offices to support de-escalation efforts. The President of the UN General Assembly, Philemon Yang, has also expressed concern over the escalating violence and called for a resolution through diplomatic means. Meanwhile, Pakistan has denied any involvement in the attack and reiterated its commitment to fighting terrorism.
United States President Joe Biden said that he is 'outraged' by the reported death of Russian opposition leader Alexei Navalny.
Amid rising tensions between India and Pakistan, the US has called on both countries "not to escalate" the conflict. Secretary of State Marco Rubio is expected to speak with the foreign ministers of Pakistan and India as early as today or tomorrow. The US State Department said Washington is reaching out to both India and Pakistan "regarding the Kashmir situation" and telling them "not to escalate the situation."
The Jammu and Kashmir Assembly unanimously passed a resolution on Monday expressing shock and anguish over the Pahalgam terrorist attack and resolved to fight resolutely to defeat the nefarious designs to disturb communal harmony and hinder progress.
'The pressure from these betting games, coupled with financial ruin, is becoming unbearable for many, and tragically, some even resort to extreme measures like suicide.'
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
Eighteen people were killed and five others injured after a firecracker warehouse exploded and collapsed in Gujarat's Banaskantha district on Tuesday. The incident occurred in an industrial area near Deesa town around 9:45 a.m., killing workers from Madhya Pradesh and their family members. The warehouse was used to store firecrackers, but there is no evidence that firecrackers were being manufactured there. The Gujarat government has announced financial assistance for the victims' families.
'He is intrigued by the intractability of Kashmir issue. With his interest in dealmaking and peacebrokering, he sees it as an exciting challenge to tackle.'
Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.
Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks.
World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.
What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.
Delhi Capitals mentor Kevin Pietersen believes that KL Rahul is the best option to bat at number four and keep wickets for India in the next T20 World Cup.
The escalating military tension between the two nations, a deluge of information, and the inability to sift through fake and real news can significantly affect the psychological well-being of individuals, said mental health experts.
Modi alleged that the Congress government in Karnataka gave reservations in tenders based on religion, "snatching the rights of SCs, STs and OBCs." But Ambedkar had said there would not be reservation based on religion and there is a bar on giving reservation on the basis of religion in the Constitution, he stressed.
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
'In India no matter your lifestyle, you will end up doing the same things as everybody else.'
It is also learnt that the physios at the BCCI Centre of Excellence has not set a specific time frame for him to return to action, even though Bumrah has been steadily increasing his workload at nets and match simulations.
Christian Michel James, an alleged middleman in the AgustaWestland case, has claimed that attempts were made to poison him inside Tihar Jail. A Delhi court has sought a response from the prison authorities on his plea. The court has also directed that James be taken to AIIMS on April 7 for a check-up. James was extradited from Dubai in 2018 and has been in custody since then. He has been granted bail in the ED and CBI cases against him but has refused to accept bail citing security concerns. He has also alleged that he was subjected to an incident at AIIMS, the details of which he is willing to share with the court in private. The court has ordered James to furnish a personal bond and surety of Rs 10 lakh in both cases and surrender his passport. The CBI chargesheet claims an estimated loss of 398.21 million euros (about Rs 2,666 crore) to the exchequer due to the deal for the supply of VVIP choppers. The ED chargesheet filed against James alleged he received 30 million euros (about Rs 225 crore) from AgustaWestland.
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
Bangladesh has demanded a public apology and compensation from Pakistan for the 1971 atrocities, raising "historically unresolved issues" during the first foreign secretary-level talks between the two countries in 15 years. Dhaka also asked Islamabad to pay USD 4.3 billion as its share from the combined assets at the time of East Pakistan's split from West Pakistan in 1971 to form an independent Bangladesh.
'In a world which is full of categories, hatred and ideologies, there was this basic decency.'
Congress president Mallikarjun Kharge has accused the BJP of rigging the Maharashtra assembly elections and called for a return to ballot paper voting. He also criticized the Modi government for selling off public assets, undermining democratic institutions, and promoting communal polarization. Kharge's remarks come as the Congress prepares for its AICC session in Ahmedabad, where it will present its political and economic views.
Moreover, the CEO said that citizens can also lodge complaints through the cVIGIL application, where the complaint needs to be addressed within a 100-minute time frame.
Delhi Chief Minister Rekha Gupta on Friday said she felt like the protagonist of the Hindi movie Nayak after being selected for the post and asserted that it was not a 'lottery' but an honour for all daughters of the country.
In a significant administrative reshuffle, Jammu and Kashmir Lieutenant Governor Manoj Sinha ordered the transfer and posting of 48 J-K Administrative Service (JKAS) officers, potentially creating friction with the National Conference-led government in the Union Territory. The move, seen by many as an attempt by the LG to assert control over the bureaucracy, includes the transfer of 14 additional deputy commissioners and 26 sub-divisional magistrates. The timing of the order, coinciding with the elected government's wait for approval on business rules, raises concerns over power dynamics in the region.
Take purposeful breaks, practise self care, advises Sweta Bothra, lead psychologist at Amaha Health.
Opposition parties in India have demanded the resignation of Railway Minister Ashwini Vaishnaw after a stampede at New Delhi railway station killed 18 people. They blamed the government for "gross mismanagement" and accused them of "covering up" the death toll. The stampede occurred on Saturday night as passengers rushed to board trains for the Maha Kumbh festival in Prayagraj. The Congress, the Left, Trinamool Congress, and the Rashtriya Janata Dal have all criticized the government's handling of the situation, while BJP leaders have defended the government. The incident has highlighted the failure of the Railways and the government to make adequate arrangements for the large number of devotees travelling to Prayagraj.
The Congress's second AICC session in Gujarat post-Independence is being held on the 100th anniversary of Mahatma Gandhi's party presidency and the 150th birth anniversary of Sardar Vallabhbhai Patel.
By staying informed and focusing on legitimate job openings, candidates can navigate the job market more effectively and safeguard their career aspirations.
'India has the maths talent, academic institutions, and research institutions to do the next big thing.'
Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.
West Bengal Chief Minister Mamata Banerjee, speaking at the University of Oxford, stressed the importance of inclusive development and stated that division in society is counterproductive. She emphasized that her governance model prioritizes the welfare of all sections of society and does not allow discrimination, highlighting the state's diverse population and the need for a human-centric approach.
'Make your child solve his/her problems on his/her own. Let the child see parenting as a partnership between you and your child.'
Riding a bike daily for long distances can put stress on your back so maintaining proper posture is essential, says rediffGURU Dr Shakeeb Ahmed Khan.
Fresh from their morale-boosting win over LSG, and bolstered by the return of India wicketkeeper-batter K L Rahul, Delhi Capitals will look to build on the momentum when they take on formidable Sunrisers Hyderabad in the IPL match in Visakhapatnam on Sunday.
'Making sure that you're getting enough sleep, that your weight is maintained correctly and you exercise regularly.'
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