LIVE: Army Chief briefs Rajnath Singh on eastern Ladakh situation

PM Modi will launch 'Atma Nirbhar Uttar Pradesh Rozgar Abhiyan'. RBI to hold virtual board meeting. Stay tuned with Business Standard for the latest news of today

3:11 AM

Border dispute: Indian envoy warns China of 'ripples and repercussions'

India’s envoy to Beijing on Friday said Chinese troops have occupied territory on the Indian side of the Line of Actual Control (LAC) in the Galwan Valley in eastern Ladakh, and demanded that they move back to their side of the border for normalcy to return to bilateral relations.

“India hopes China will realise its responsibility in de-escalation and disengaging by moving back to its side of LAC,” PTI tweeted, quoting the  Indian envoy to China. Read more

9:46 PM

Army Chief briefs Rajnath on eastern Ladakh situation

Army Chief Gen MM Naravane on Friday briefed Defence Minister Rajnath Singh on the overall situation in eastern Ladakh as well as India's military preparedness in the region where Indian and Chinese troops are locked in a bitter standoff, official sources said. The Army Chief was in Ladakh on a two-day visit from June 23 to take stock of the situation. "The Chief of the Army Staff apprised the defence minister about the situation in eastern Ladakh," said a military source.

9:30 PM

China's claim of sovereignty over Galwan completely "untenable"; such exaggerated claims are not going to help: Indian envoy to China.

9:30 PM

It is entirely China's responsibility to take a careful view of bilateral ties; decide which direction to move forward: Indian envoy

9:30 PM

India hopes China will realise its responsibility in de-escalation and disengaging by moving back to its side of LAC: Indian envoy to China

9:29 PM

China has to stop the practice of transgressing and trying to erect structures on the Indian side of the LAC: Indian envoy to China.

9:29 PM

India has always carried activities on the Indian side of the LAC: Indian envoy

9:29 PM

China should stop creating obstructions and hindrances in normal patrolling of Indian troops: Indian envoy to China

8:59 PM

PhonePe partners with ICICI Bank on UPI multi-bank model

Flipkart-owned PhonePe on Friday said it has partnered with ICICI Bank on UPI multi-bank model, giving its users the option to create and use multiple UPI IDs with ICICI and Yes Bank's handles.
 

"PhonePe has partnered with ICICI Bank on UPI multi-bank model giving its users the option to create and use multiple UPI IDs with ICICI Bank's '@ibl' handle and YES Bank's '@ybl' handle on the PhonePe app," a statement said.
 

This addition, in partnership with ICICI Bank, enables quick and contactless payments to over 200 million registered PhonePe users, the statement added.

8:53 PM

Finance Commission forms group to devise ways to incentivise states for agri reforms

The Finance Commission on Friday decided to form a group to devise a mechanism to incentivise states for carrying out the agricultural reforms announced as part of the Rs 20 trillion stimulus package.
 

A decision in this regard was taken by 15th Finance Commission Chairman N K Singh in a meeting with Agriculture Minister Narendra Singh Tomar and senior officials of his ministry.
 

The group's views will be included in the Commission's final report for the period 2021-26, an official statement said.
 

The group consists of Finance Commission member Ramesh Chand, Agriculture Secretary Sanjay Agarwal and Agriculture, Research and Education Secretary T Mahapatra.
 

The group has been set up "to devise mechanism for incentivisation of states in areas of agricultural reforms agenda for the purpose of inclusion in the Commission's recommendations in its final report", it said.