They added that some lenders had already begun halting certain services and practices in line with the central bank's guidance, while failure to comply could risk future penalties or restrictions

Reserve Bank of India, RBI

Reuters

Bike-taxi service provider launches new segment with subscription model for driver partners

Bike taxi startup Rapido plans to ramp up hiring of women captains

Rapido

Business Standard

After the global financial crisis of 2008, the European Union in 2012 had adopted new market infrastructure regulations in order to strengthen and safeguard systems

European markets, Europe shares

Value of GQG's investment up 75% to $7.5 bn

Adani, Adani Group

Stocks to Watch on Wednesday, December 6, 2023:  Axis Bank has initiated Corporate Insolvency Resolution Process against Digital Ventures Private Limited, wholly-owned subsidiary of Zee Lear

market, markets, stock market, stock, stocks rise, stock rally

Meanwhile, last week, the S&P BSE Sensex gained 2.29 percent or 1,511 points to end at 67,481 levels, while the Nifty50 gained 473 points, or 2.39 per cent, to 20,267 levels

Stock market, BSE

Security has been provided to Civil Judge Dinesh Kumar Diwakar whose brother Judge Ravi Kumar Diwakar heard the Shringar Gauri-Gyanvapi case in Varanasi on his request, police said on Sunday.
According to Superintendent of Police Ashok Kumar Meena, Judge Dinesh Kumar Diwakar in a letter to him said that his elder brother Judge Ravi Kumar Diwakar had passed an order to conduct videography survey of Varanasi's Gyanvapi complex in 2022.
After the order was passed, Judge Ravi Kumar Diwakar had received a hand-written threat letter in June, following which nine police personnel were deployed for his security.
The High Court had earlier issued orders for ensuring security for his entire family, Judge Dinesh Kumar Diwakar said in his letter to the SP.
He said a Popular Front of India (PFI) agent was arrested near his residence in Lucknow a few days ago, adding that he needed immediate security here.
The SP said police security has been provided to Judge Dinesh Kumar Diwakar at his reside

File photo of the Gyanvapi Mosque (Photo: PTI)

Gyanvapi mosque

Press Trust of India

Madhya Pradesh Assembly elections results 2023: The counting in the state began at 8 am on Sunday. Here's how the trends look at 12:30 pm

Shivraj Singh Chouhan,madhya pradesh assembly election results 2023

Leaders of the opposition INDIA bloc will meet at Congress president Mallikarjun Kharge's residence in Delhi on December 6 to chalk out a strategy for the 2024 Lok Sabha elections, sources said on Sunday.
During the meeting, which will be held in the evening, the leaders are likely to discuss and finalise their plan to take on the BJP ahead of the polls, they said.
The Congress was awaiting the results of assembly elections in five states -- Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram -- before finalising further strategy plans.
Counting of votes for Rajasthan, Madhya Pradesh, Chhattisgarh and Telangana elections began at 8 am on Sunday. Votes for the Mizoram assembly elections will be counted on Monday.
At least 26 parties have come together as part of the INDIA bloc to take on the BJP in the general elections and have so far held three rounds of deliberations in Patna, Bengaluru and Mumbai.
The sources said the opposition leaders would now plan joint rallies t

Mallikarjun Kharge, Karnataka elections, karnataka election results

Rajasthan Assembly elections results 2023: As of 12:30 pm, BJP had 41.89% of the vote share, followed by Congress at 39%

BJP, Congress

Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes

Economic growth

If the Indian government believes this is how to build an EV-manufacturing ecosystem, however, it ought to think again

Elon Musk

Bloomberg

Denim brand Pepe Jeans London is aiming for sales of around Rs 2,000 crore from the Indian market and plans to expand its retail network by adding over 100 stores in the next three years, its India MD and CEO Manish Kapoor said.
Pepe Jeans London, owned by Spanish global fashion group AWWG, is "very buoyant" for the Indian market, and aims to grow at 18-20 per cent compound annual growth rate (CAGR) in the next three to five years, Kapoor told PTI.
As part of the strategy, Pepe Jeans is now focusing on the expansion of its network of brand stores and fast-growing e-commerce channels. Pepe Jeans expects 55 per cent of its business to come directly by selling to consumers from its own sales channels.
Over Pepe Jeans' expansion plans, Kapoor told PTI, "We will add 100 odd stores in the next three years and in terms of a turnover, we are looking at a CAGR growth of 18 to 20 per cent. So we should be almost around Rs 2,000 crore of consumer sales in three years."
When asked about sales

Pepe Jeans, Jeans

It's counter-intuitive, but Modi's own popularity has grown with the length of his tenure. He had always seemed the front-runner by some distance for 2024, and this gives him more tailwind

Prime Minister Narendra Modi, PM Modi

With benefits like complimentary memberships to luxury hotels, access to premium golf courses, VIP airport assistance, etc., these cards  offer great value to those who lead a luxurious lifestyle

Credit card

CM Stalin also requested the PM to send a central team to review the damages caused by the Cyclone in the state

M K Stalin

Severe cyclonic storm Michaung that ravaged parts of Andhra Pradesh on Tuesday has now weakened into a depression and moved northwards, said a Meteorological official on Wednesday.
The weather system is expected to move northwards and further weaken into a well marked low pressure area in the next six hours, the official said.  It moved at a speed of 11 km per hour in the past six hours until 5:30 am and lay centred over northeast Telangana, adjoining south Chhattisgarh, south interior Odisha and coastal Andhra Pradesh, the official added.  The deep depression (remnant of cyclonic storm Michaung) over central coastal Andhra Pradesh moved nearly northwards with a speed of 11 kmph during the past six hours, weakened into a depression and lay centred at 5:30 am on December 6 near latitude 17.4 degrees north and longitude 80.5 degrees east, Amaravati Meteorological Centre head Stella Kiran told PTI.  The weather system is about 50 km east to northeast of Khammam, 110 km north to northeast

Cyclone Michaung

The recovered weapons and war-like stores were handed over to Churachandpur Police for further investigation

Assam Rifles

Catch all the latest updates LIVE from across the globe here

Delhi police

A passenger bus lost control while negotiating a downhill curve in a central Philippine mountain village and plunged into a deep ravine, killing at least 16 people and injuring 12 others, officials said Wednesday.
Eight of the wounded in the accident, which happened Tuesday afternoon in Hamtic town in the province of Antique, were in critical condition at a local hospital, officials said.
The air-conditioned bus, which came from the nearby Iloilo province, was maneuvering through the accident-prone mountain road when the driver, who was among those killed, lost control. The bus smashed onto a concrete railing then fell into the ravine, officials said.
The driver was repeatedly sounding his horn because he had apparently lost control of the bus before it plummeted into the ravine, Ronniel Pabustan, an Antique provincial crisis responder, told The Associated Press by telephone, citing accounts by some of the passengers.
Dozens of rescuers, including police, army troops and provincial

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Cyclone Michaung: Stalin writes to PM, seeks relief fund of Rs 5,060 cr

Michaung weakens, to transform into well-marked low pressure in 6 hours

Weapons, war-like stores recovered by forces in Manipur's Churachandpur

LIVE: Delhi Police on alert after Pannun threatens to attack Parliament

At least 16 dead, 12 injured as bus falls off ravine in central Philippines

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