New Delhi | Amid doubts being raised over state-owned banks’ exposure to Adani group, the Reserve Bank of India (RBI) on Friday said that “the banking sector remains resilient and stable”. “There have been media reports expressing concern about the exposures of Indian banks to a business conglomerate. As the regulator and supervisor, the RBI maintains […]
Category: Top Stories
DGCA orders probe as Indigo passenger reaches Udaipur instead of Patna
New Delhi | Aviation regulator, the Director General of Civil Aviation has sought a report from Indigo airline on a bizarre instance in which an air passenger reached Rajasthan’s Udaipur while he was supposed to reach Patna. The incident took place on January 30 when passenger Afsar Hussain had to board an Indigo flight to Patna […]
AAP used excise policy case funds to campaign in Goa, claims ED
New Delhi | The Enforcement Directorate (ED) in its supplementary chargesheet filed in connection with the excise policy case has claimed that Delhi Chief Minister Arvind Kejriwal’s ‘close aide’ Vijay Nair received Rs 100 crore as kickback, and part of it was used in campaign during the Assembly elections in Goa held last year. The ED […]
Congress to hold nationwide protest over Hindenburg report on Adani
New Delhi | The Congress party has decided to hold nationwide district level protests on Monday, February 6, in front of the Life Insurance Corporation office and the State Bank of India office here over the Hindenburg report. “The government can’t jeopardize the hard earned money of the people of India to profit the crony friends […]
Mystery how suicide bomber managed to sneak in to Peshawar mosque
Peshawar | The January 31 suicide bombing at the sprawling mosque in Peshawar’s Malik Saad Shaheed Police Lines area was among the deadliest to hit this city. Headquarters to capital city police and half a dozen other units including the frontier reserve police, the special security unit of the China-Pakistan Economic Corridor, the counter terrorism department, […]
Adani Enterprises calls off Rs 20K cr FPO, to return money to investors
New Delhi | Hours after its shares crashed at the bourses, the Adani Group on Wednesday evening decided to call off its Rs 20,000 crore follow-on public offer (FPO), saying that money would be returned to the investors. The decision was taken after a meeting of the company’s Board. “The Board of Adani Enterprises Ltd decided […]
3rd T20I: Shubman Gill’s ton, bowlers lead India to massive 168-run win over New Zealand
Ahmedabad | A sensational maiden T20I century by Shubman Gill (126 not out off 63) followed by a dominating performance by the bowlers led India to a massive 168-run win in the third and final T20I and 2-1 series victory over New Zealand at the Narendra Modi Stadium, here on Wednesday. Gill, who didn’t have much […]
KYC norms to be simplified, PAN to become common identifier
New Delhi | For investors to reclaim unclaimed shares and unpaid dividends from the Investor Education and Protection Fund Authority with ease, an integrated IT portal is proposed to be established, Finance Minister Nirmala Sitharaman announced in Union Budget 2023-24 on Wednesday. In addition, the KYC process will be simplified by adopting a ‘risk-based’ instead of […]
No tax on income up to Rs 7L in new tax regime, says FM Nirmala Sitharaman
New Delhi | Finance Minister Nirmala Sitharaman on Wednesday announced new tax slabs for 2023-24, under which no tax would be payable for income up to Rs 7 lakh per annum under the new income tax regime. “Currently, those with an income of up to Rs 5 lakhs don’t pay any income tax. I proposed to […]
India’s economy on right track, focus on reforms: FM
New Delhi | While presenting the Union Budget 2023-24 at the Lok Sabha, Union Finance Minister Nirmala Sitharaman on Wednesday said the Indian economy is on a “right track and heading towards a bright future” and the current focus is on reforms as sound policies resulting in public participation have helped in increasing the country’s […]