RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

The scheme will offer an annual interest subsidy of between 3-6.5% on up to 0.9 million rupees of the loan amount

home loan, loan interest

Das asserted that directors in UCBs, who are elected to their positions, must possess expertise in diverse banking functions, including risk management and information technology

Shaktikanta Das

In Feb 2018, the MoD established two defence industrial corridors to serve as engines of economic development and growth of defence industrial base in the country

An exhibit of Su 30 MK-I fighter aircraft at the Bharat Dynamics Limited (BDL) pavillion during the 12th edition of DefExpo, in Gandhinagar on Tuesday

Defence Expo 2022

Weak demand, global slowdown add to their woes

Crude oil

The Asian Games women's cricket semi-final between India and Bangladesh will begin at 06:30 AM IST on Sunday, September 24

India vs Bangladesh women

Riniki Bhuyan Sarma, the wife of Assam Chief Minister Himanta Biswa Sarma, has filed a Rs 10 crore defamation suit against Congress MP Gaurav Gogoi for "false" allegations of irregularities in a food processing project.
Senior advocate Devajit Saikia, her counsel, told PTI that the case has been filed at the Court of Civil Judge (Senior Division) of Kamrup Metropolitan on Friday and it will be moved on September 26.
"My client has claimed a defamation of Rs 10 crore against Gaurav Gogoi for various tweets on X. We have made it very clear that we never made any application to receive subsidy," he added.
Saikia further claimed that the process to seek subsidy has not been initiated at all and for which, a show cause notice was slapped on his client's firm on May 26 this year, followed by an email from the Ministry of Food Processing.
"The approval for the project was given on November 22, 2022. In the last email, we were told that our claim would lapse if we didn't submit our proposa

Congress leaders Jairam Ramesh and Gaurav Gogoi address a press conference at AICC headquarters, in New Delhi, Tuesday, Sept. 5, 2023. (PTI Photo/Vijay Verma)

He emphasised on bringing in a global legal framework to prevent cyber terrorism, money laundering or artificial intelligence misuse

PM Modi

He said even countries that adopted EVMs have gone back to paper ballots, saying that the devices could be "interfered with"

Congress MP Manish Tewari

Sule pointed out that Bidhuri had displayed inappropriate Parliamentary conduct when he heckled Kanimozhi Karunanidhi ahead of her speech in Lok Sabha

Nationalist Congress Party MP Supriya Sule

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

The Indian squash contingent began its Asian Games campaign with comfortable victories over Singapore and Pakistan, respectively, in the men's and women's team competitions here on Tuesday.
The women's team comprising 15-year-old Anahat Singh, veteran Joshna Chinappa and Tanvi Khanna blanked Pakistan 3-0 in its opening Pool B match.
The first singles saw Asian Games debutant Anahat getting past Sadia Gul 11-6, 11-6, 11-3 in 16 minutes.
Joshna, playing the first match of her sixth Asian Games, took 13 minutes to beat Noor Ul Huda Sadiq 11-2, 11-5, 11-7.
India, silver medallists in the previous edition, completed their dominance when Tanvi thrashed Noor Ul Ain Ijaz 11-3, 11-6, 11-2.
Top two teams in Pool A and Pool B progress to the semifinals.
Third seeds India are paired in Pool B alongside Malaysia, Macau, China, Pakistan and Nepal.
In the men's event, top seeds India outplayed Singapore 3-0.
Harinder Pal Sandhu, back to playing singles after a long injury lay-off, had to figh

Jakarta: India's Joshna Chinappa (L) during the women's squash semifinal match against Malaysia's Nicol David at the 18th Asian Games 2018 in Jakarata on Friday, Aug 31, 2018. Photo: PTI

Joshna Chinappa, asian games, squash

Star Indian fencer Bhavani Devi's impressive run at the Asian Games came to an end in the quarterfinals, suffering a 7-15 loss to local favourite Yaqi Shao in the women's sabre individual category here on Tuesday.
One win shy from a maiden Asian Games medal, Bhavani Devi managed three touches in the first period of the quarterfinals.
But her Chinese opponent was superior as she took an 8-3 lead and needed just seven more touches to qualify for her successive semi-final at the continental showpiece. Bhavani managed four more touches in the second period but that proved to be insufficient.
The fencer, who makes 15 touches first in a knock-out round, is adjudged winner and Shao sealed the issue in the second period without breaking a sweat.
Semifinalists are assured of at least a bronze medal in fencing, and the Tokyo Olympian would consider herself 'unlucky' pitted against the 2018 Asian Games silver medallist in the last-eight.
In pursuit of a maiden Asian Games medal in fencing, t

Bhavani Devi

Premium EV motorcycle startup Raptee on Tuesday said it has raised USD 3 million in a pre-Series A funding round.
The all-equity funding round led by deep-tech VC fund BlueHill Capital, also saw participation from industry stalwarts as well as HNIs, Raptee said in a statement.
The funds will be utilised for augmenting the manufacturing facility, acquiring machinery, tooling for the soon-to-be launched motorcycle, and to scale up the team, it said.
"This is our first institutional round. We want to launch a motorcycle in a mid-premium segment. We are extremely fortunate to be backed by investors from the manufacturing and transportation industries who understand long-term value creation and can add strategic value for us as we gear up for production and scale up," said Dinesh Arjun, Co-founder-CEO, Raptee.
Raptee is a full stack electric motorcycle manufacturer. Its first motorcycle is expected to come in early 2024, with two experience centres in Chennai and Bengaluru.
The EV star

investment, investors, foreign investments, FPI, fdi, emergin markets, funding, tech, economy, gdp, aif, alternative investment fund, capital, startups, tech, savings, money, cash, shares, funds, equity

India's Divyansh Panwar and Ramita Jindal missed the 10m mixed air rifle bronze medal by the skin of the teeth as the country's shooters hit a bump on Tuesday after cruising for two consecutive days at the Asian Games, here.
South Korea won the bronze after an engrossing contest, which saw both the teams come up with breath-taking effort and giving it their all in the fight for third place.
The Korean pair of Park Hajun and Lee Eunseo finally won 20-18.
A scintillating performance was predicted for the crack pair of 20-year-old Divyansh, and teenager Ramita, but the start didn't quite go as expected as the pair qualified for the finals placed sixth and last after the qualification round.
Unlike the individual 10m air rifle event, where eight shooters qualify for the finals, in mixed team six pairs make the medal round.
Here too, the top two placed teams compete for the gold, while the remaining four pairs are divided into two groups and compete for two bronze medals.
While Korea 

Indian shooting contingent for Asian Games 2023: Photo: NRAI

Indian shooting contingent

OxygenOS 14 will bring performance upgrades together with enhanced UI design, new ringtones, and more

OnePlus, OnePlus OxygenOS 14, Android 14, OxygenOS14, OxygenOS 14 features, OnePlus OS, OnePlus update

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Asian Games 2023: Indians sail past Pakistan and Singapore in Squash

Asian Games 2023: Bhavani Devi bows out in quarterfinal in fencing

EV motorcycle startup Raptee raises $3 mn pre-Series A funding round

Asiad 2023: India's Divyansh-Ramita miss 10m mixed air rifle bronze medal

OnePlus announces Android 14-based OxygenOS 14: What's new, rollout details

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