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

Delta Corp said the amounts claimed in the DG Notices are inter alia based on the gross bet value of all games played at the casinos during the relevant period

Goa, casinos, polls

Board discussions have to be free, fair and democratic, Das said, addressing directors of Urban Cooperative Banks (UCBs) at a meeting organised by the Reserve Bank of India

RBI Governor 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

In which we munch over the week's platter of news and views

Prime Minister Narendra Modi with Canadian PM Justin Trudeau, First Lady Sophie Gregoire Trudeau, daughter Ella-Grace Margaret and sons Xavier James and Hadrien  at Rashtrapati Bhawan in New Delhi on Friday. Photo: Dalip Kumar.

Ottawa stands to lose from its spat with New Delhi over the killing of a Sikh separatist in terms of trade and its ability to be part of the network of Indo-Pacific institutions while India's image as a democratic country committed to rules-based order could take a hit, according to an expert.
A diplomatic row erupted between India and Canada earlier this week following Canadian Prime Minister Justin Trudeau's allegations of "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, a Canadian citizen, in British Columbia on June 18.
India has 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 a blog posted by the Wilson Institute on Friday, Canada Institute Associate Xavier Delgado said, "Trade will likely be the first major casualty of the fallout, with negotiations for the EPTA (Early Progress Trade Agreement) bei

India Canada

Mexico's top diplomat Alicia Brcena has said that President Andrs Manuel Lpez Obrador wants to travel to Washington D.C. in early November to meet with US President Joe Biden about immigration, development aid and drug trafficking.
The statement comes after a surge in migrants moving through Mexico forced the closure of some US-Mexico border crossings and led Mexico's largest railway company to halt about 60 train runs because so many migrants were hopping aboard freight cars. Most appear to be Venezuelans, and many said they had crossed through the jungle-clad Darien Gap that connects Colombia and Panama.
Brcena told a news conference in New York Friday that migrant shelters in Ciudad Juarez, across from El Paso, Texas, are 95 per cent full and that the Mexican government is "very worried" about the border closures and the migrant surge, especially given Mexico's rocky relationship with Texas Gov. Greg Abbott.
In the past, Abbott has tightened border truck inspections and strung a 

Joe Biden

"We are there to work constructively with India and we hope that they engage with us so that we can get to the bottom of this very serious matter," Trudeau said

A poster advertising a tribute for Hardeep Singh Nijjar

Counting of votes for Delhi University Students Union elections began on Saturday and the results of all four central panel posts of president, vice-president, secretary and joint secretary are expected to be announced soon.
Twenty-four candidates are in the fray for the elections.
The DUSU elections were last held in 2019. The polls could not be held in 2020 and 2021 due to COVID-19 while possible disruptions to the academic calendar prevented their conduct in 2022.
Chander Shekhar -- the chief election officer for the polls -- said the university recorded a voter turnout of 42 per cent. Around one lakh students were eligible to vote in the election.
While the voting percentage was higher than in 2019 when a turnout of 39.90 per cent was recorded, it failed to surpass the nearly 11-year-high figure of 2018. The turnouts in 2018 and 2017 were 44.46 per cent and 42.8 per cent, respectively.
Elections at 52 colleges and departments for the central panel were conducted through EVMs w

DUSU

About 95 per cent of Sikhs are proud to be Indian and there's no such thing as a Khalistan sentiment in Punjab

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'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

These Vande Bharat trains will be the fastest trains along the routes of their operation and will help save considerable time for the passengers

PM Narendra Modi

The US provided Canada with intelligence after the killing of Sikh separatist Hardeep Singh Nijjar, but communications intercepted by Ottawa were more definitive and led it to accuse India of orchestrating the plot, The New York Times has reported citing sources.
The report came on Saturday as the top US diplomat in Canada confirmed that there was shared intelligence among Five Eyes partners that had prompted Canadian Prime Minister Justin Trudeau's offensive allegation against India in the killing of a Khalistani extremist on Canadian soil.
The allegations have infuriated India, which 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. India also accused Canada of being a safe haven for terrorists.
Nijjar, the chief of the banned Khalistan Tiger Force (KTF), was killed in Surrey in British Columbia on June 18. India had designated Nijjar as a terrorist in ...

Hardeep Singh Nijjar, Hardeep Nijjar

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

Here is the best of Business Standard's opinion pieces for today

Trade talks

Bengaluru Urban District Collector KA Dayanand has announced a public holiday for all schools and colleges in the city in view of the Bandh

Town hall circle wears a deserted look during the weekend curfew amid surge in coronavirus cases, in Bengaluru (Photo: PTI)

Bengaluru lockdown

During the meeting, EAM Jaishankar discussed a partnership in aspects of food production and the defence sector with the Madagascar Foreign Minister

External Affairs Minister (EAM) Dr S Jaishankar

Spanish envoy Jose Maria Ridao on Monday expressed delight over the arrival of the first C-295 military transport aircraft to India from Spain and asserted that Madrid would like to be a "very trusted bilateral partner" for New Delhi.
The aircraft was inducted into the Indian Air Force in a ceremony at the Hindan Air Force Station on Monday.
Ridao attended the ceremony, which took place in the presence of Defence Minister Rajnath Singh, Air Chief Marshal VR Chaudhari and senior officials of the Indian Air Force (IAF) and those from Airbus and Tata Advanced Systems (TASL).
The medium tactical transport aircraft arrived in Vadodara on September 20, days after it was handed over to the IAF in the southern Spanish city of Seville, where Airbus has a facility.
"The first plane (C-295) coming from Spain in this programme, and we are very happy, and at the same time, we are very engaged with this programme  we think that it is a great opportunity to become an important partner for India i

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Moody's rpt on Aadhaar made assertions without citing any evidence: UIDAI

Best of BS Opinion: Policy incoherence, lowering entry barriers, and more

Bengaluru Bandh tomorrow: Section 144 to be imposed; schools, colleges shut

EAM holds bilateral meet with Madagascar minister; to address UNGA tomorrow

Happy for C-295, Spain would like to be trusted partner for India: Envoy

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