RRBs reported their highest-ever consolidated net profit of Rs 7,571 crore for FY24, with a gross non-performing assets (GNPA) ratio of 6.1 per cent - lowest in 10 years

The Union Ministry of Finance is planning to consolidate the Regional Rural Banks (RRBs) under a policy of “One State, One RRB” to improve their efficiency and avoid undue competition among sponsoring public sector banks.

This is about 6% of new investment in the sector globally

semiconductor

Vistara flight UK 27, operating from Mumbai to Frankfurt, on Friday has been diverted to Turkey due to security concerns, the airline has said.
The security alert (bomb threat) was noted by the Vistara crew onboard, the airline said in a statement.
The aircraft has safely landed at the Erzurum Airport, and as per the protocol, the relevant authorities were immediately alerted, and Vistara is fully cooperating with the security agencies to complete the mandatory security checks, it added.
However, other details like the number of passengers and crew on board were not immediately known.

vistara

155 mn Indian adults and 45 mn teens fall short of WHO's physical activity guidelines, risking future health crises and economic impacts, finds State of Sports and Physical Activity (SAPA) report

From hockey team’s gold rush at Olympics and Kapil Dev holding aloft Prudential World Cup to Neeraj Chopra’s superlative throw in Tokyo, here’s India’s journey via 50 milestones in sports since 1975

From hockey team's gold rush at Olympics and Kapil Dev holding aloft Prudential World Cup to Neeraj Chopra's superlative throw in Tokyo, here's India's journey via 50 milestones in sports since 1975

The BJP on Wednesday fielded Haryana Chief Minister Nayab Singh Saini from the Ladwa seat and rewarded several recent entrants to the party with poll tickets as it released the first list of 67 candidates for the elections to the 90-member assembly.
Former Haryana BJP president Om Prakash Dhankar has been fielded from Badli and veteran party leader Anil Vij from Ambala Cantt.
Devender Singh Babli, Sanjay Kablana and Shruti Choudhry, who joined the BJP recently, will contest from the Tohana, Beri and Tosham seats, respectively.
Union Minister Rao Inderjit Singh's daughter Arti Singh Rao will contest from Ateli. The names of Capt Abhimanyu, Bhavya Bishnoi, the son of Kuldeep Bishnoi, and former MP Sunita Duggal are also on the list.
The assembly polls are scheduled to be held on October 5, and the counting of votes will take place on October 8.

Nayab Singh,Haryana CM,Nayab

The Himachal Pradesh Assembly on Wednesday passed a Bill which will bar the members of the House who are disqualified under Tenth Schedule of the Constitution (anti-defection law) from drawing pension.
The Himachal Pradesh Legislative Assembly (Allowances and Pension of Members (Amendment) Bill, 2024 will affect six former Congress MLAs, who were disqualified by the Speaker for defying the whip and abstaining from the House during discussion on cut motions and passing of Budget in February.
The opposition BJP objected to the Bill stating that it smacks of "political revenge" and it cannot be implemented with retrospective effect.
The six former MLAs who will be impacted due to the Bill are Sudhir Sharma, Inder Dutt Lakhanpal, Rajinder Rana, Devinder Kumar Bhutto, Chetanya Sharma and Ravi Thakur. All of them had voted in favour of the BJP nominee Harsh Mahajan during the Rajya Sabha elections held in February.
All six had contested the bypolls on BJP tickets earlier this year. While

Sukhvinder Singh Sukhu, Himachal Pradesh CM

Leader of Opposition in the Lok Sabha Rahul Gandhi on Thursday said Prime Minister Narendra Modi should apologise not only for the collapse of Chhatrapati Shivaji Maharaj's statue in Sindhudurg district, but also for demonetisation, anti-farmer bills and GST.
Modi should say sorry to each and every citizen of Maharashtra for the insult caused to the legendary 17th century warrior king when the statue at Rajkot fort collapsed on August 26, he added.
The Congress leader was speaking at a public meeting here after inaugurating a life-size statue of late party leader Patangrao Kadam.  With the BJP-Shiv Sena-NCP government in Maharashtra coming under fire over the collapse of the Shivaji Maharaj statue, the prime minister during his subsequent visit to the state said he apologised to the iconic king, his "deity", and also the people whose sentiments were hurt.  "I want to ask the prime minister what he is sorry for, is it because the contract to make the Shivaji statue was given to an RSS

Rahul Gandhi, Rahul, congress leader

India's beauty and personal care market is expected to grow at a compounded annual growth rate of 10-11 per cent to reach USD 34 billion by 2028, Nykaa Beauty Trends Report said on Wednesday.
The report estimates India's beauty and personal care (BPC) market to be around USD 21 billion at present.
According to the report, the Indian BPC market is the fastest-growing market across the world growing at a compounded annual growth rate of 10-11 per cent.
"India is the fastest growing BPC market globally, expected to reach USD 34 billion by 2028," Nykaa said in a statement.
According to the report, e-commerce is poised to be the biggest driver of this growth and the fastest-growing segment, anticipated to achieve a CAGR of around 25 per cent.
"Rising aspirations and higher incomes among Indian consumers will propel the market for premium beauty, expected to reach USD 3-3.2 billion by 2028. With 520-560 million users in 2023, the democratisation of beauty expertise via social media is .

fsn e-commerce nykaa

A board meeting of Tata Sons is learnt to have reviewed the Air India business and how the Vistara experience would continue, as SIA would have a considerable stake in the merged entity

Air India

Women voters outnumber men in the eight assembly segments of Srinagar district that are scheduled to go to polls on September 25 in the second phase of polling in Jammu and Kashmir, officials said here.
Of the 7,74,462 registered voters, 3,87,778 are female while 3,86,654 are male and 30 people have registered themselves under the third gender category, they said.
Women outnumber men in six of the eight assembly constituencies with Central Shalteng and Eidgah segments being the exceptions.
"To facilitate the voters for smooth and hassle free electoral participation, the Election Commission of India (ECI) has established 932 polling stations, of which 885 are urban polling stations while 47 are rural polling stations," an official spokesperson of the district administration said.
Among the eight assembly constituencies of the district, Zadibal segment has the highest number of 1,12,864 registered electorate, comprising 56,408 males and 56,451 females and five transgender voters.
Th

assembly bypoll, Election, vote, voting

Portions of two roads caved in at Janakpuri and at Karol Bagh affecting traffic in the areas, Delhi Police said on Saturday.
The police shared updates about the traffic situation in a series of posts on X.
"Due to road cave-in on Joginder Singh Marg near District Centre, Janakpuri, movement of traffic is restricted in the carriageway from District Centre, Janakpuri, towards Lal Sain Mandir Marg. Commuters going towards Lal Sain Mandir Marg are advised to take Major Deepak Tyagi Marg at Dhauli Piao intersection, Janakpuri," it said.
In another post, police said that the traffic was affected on Arya Samaj Road in Karol Bagh Market on the carriageway from roundabout Bagga Link towards Saraswati Chowk due to road sinking near Bikaner Chowk.
The Delhi Police has covered it with barricades to avoid any kind of accident.
A PWD official said that the portion at Arya Samaj Road has caved in probably due to water leakage. The concerned authority has been informed and it will repaired ...

Traffic, Traffic jam, New Delhi Traffic Jam

The Enforcement Directorate on Saturday said it has frozen bank deposits, mutual funds and other financial investments worth more than Rs 9 crore as part of a money laundering probe against some former employees of a Pune-based subsidiary of a German firm who allegedly diverted company funds to the tune of crores of rupees.
Searches were undertaken at six locations in Pune, Maharashtra and Delhi-NCR on September 4, the central agency said in a statement.
The premises of the former employees and some vendors who worked "hand in gloves" with them were raided, according to the ED.
The money laundering case stems from a Pune Police (Chakan police station) FIR based on a complaint made by the MD of HUF India Pvt Ltd., a subsidiary of German-based company HUF Halswerk & Furst GMBH & Co. KG, that is engaged in the production of electronic remote-control systems for four-wheeled vehicles.
The company had an annual turnover ranging from Rs 100 crore to Rs 300 crore.
It was alleged in ..

Enforcement Directorate, ED

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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More women registered to vote in J&K Assembly elections compared to men

Portion of 2 roads in central, west Delhi cave in, traffic affected

ED raids German company's subsidiary in case of fraud involving Rs 130 cr

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Finance ministry plans 'One State, One RRB' policy to boost efficiency

Investment worth $30 billion likely in semiconductor space in 4 years

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