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

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

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

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

Describing China as an "existential threat" to the US and the world, Indian-American Republican presidential aspirant Nikki Haley has claimed Beijing is "preparing for war".
China has spent half a century plotting to defeat America and in some respects, the Chinese military is already at par with the US armed forces, Haley said in a major policy speech on the economy in the key early primary State of New Hampshire on Friday.
Her speech comes two days after her India-American Republican rival Vivek Ramaswamy delivered a foreign policy speech on China in Ohio. Both Haley and Ramaswamy have emerged as popular GOP candidates after former US president Donald Trump.
"Strength and pride are essential to our national survival, especially in the face of Communist China. China is an existential threat. It has spent half a century plotting to defeat us," Haley said.
She alleged that China has taken America's manufacturing jobs.
"It's taken our trade secrets. Now it's taking control of critic

Nikki Haley

Britain has pitched itself to the world as a ready leader in shaping an international response to the rise of artificial intelligence, with Deputy Prime Minister Oliver Dowden telling the UN General Assembly his country was "determined to be in the vanguard".
Touting the United Kingdom's tech companies, its universities and even Industrial Revolution-era innovations, he said Friday that the nation has "the grounding to make AI a success and make it safe". He went on to suggest that a British AI task force, which is working on methods for assessing AI systems' vulnerability, could develop expertise to offer internationally.
His remarks at the assembly's annual meeting of world leaders previewed an AI safety summit that British Prime Minister Rishi Sunak is convening in November. Dowden's speech also came as other countries and multinational groups  including the European Union, the bloc that Britain left in 2020  are making moves on artificial intelligence.
The EU this year passed ..

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

India Canada

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

NGOs registered under the Foreign Contribution Regulations Act (FCRA) will now have to provide details of moveable and immovable assets created by them using foreign funds.
The need for mandatory declaration of assets by the NGOs by the end of every financial year (March 31) came after the Ministry of Home Affairs (MHA) on Monday issued a gazette notification modifying the rules that govern the NGOs which receive foreign funding.
According to the law, all NGOs receiving foreign contributions have to be registered under the FCRA.
The MHA made the changes in the Foreign Contribution Regulation Rules, 2010, by inserting two clauses -- (ba) details of movable assets created out of foreign contribution (as on March 31 of financial year) and (bb) details of immovable assets created out of foreign contribution (as on March 31 of financial year) -- in Form FC-4.
Form FC-4 is filled by NGOs and associations granted FCRA licences for filing their annual returns.
The MHA also decided to exte

Foreign funds

Former bureaucrat Amit Khare was on Monday given extension as advisor to Prime Minister Narendra Modi, a Personnel Ministry order said.
He was appointed to the post for two years in October 2021.
Khare, a 1985-batch (retired) Indian Administrative Service (IAS) officer of the Jharkhand cadre, had superannuated on September 30, 2021. He last served as the higher education secretary.
The Appointments Committee of the Cabinet (ACC) has approved the extension in Khare's tenure, on contract basis on the usual terms and conditions as are applicable in the case of re-employed officers of secretary-level in the government of India, beyond October 12, 2023 for a period "co-terminus with the term of Prime Minister", the order said.
In another order, the ACC has approved the extension in tenure of Rajesh S Gokhale as secretary, Department of Biotechnology, for a period of two years -- with effect from November 1, 2023.

Amit Khare

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

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FCRA registered NGOs to give details of assets created using foreign funds

Amit Khare gets extension as advisor to Modi 'co-terminus with term of PM'

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

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