The move will enable banks to earn a decent spread by deploying funds raised from FCNR(B) deposits where the yields are around 7%. MUMBAI: RBI has exempted advances against fresh FCNR(B) and NRE term deposits from priority sector lending calculations, completing a three-part policy push to boost foreign currency inflows and ease compliance burdens for…
Taurus individuals are encouraged to prioritize effective communication and financial affairs this week. Early in the week, dedicating time to paperwork and key phone calls is essential. Planetary influences bring discussions about finances and familial contributions to the forefront. It’s crucial to steer clear of hasty financial choices and personal disputes with relatives. By valuing…
One source described Caine’s approach to CNN as an effort to ‘protect the military’ The United States is looking for a way to wind down its war with Iran as military leaders increasingly believe that airpower alone may not deliver President Donald Trump’s objectives, CNN reported, citing three people familiar with the discussions.Chairman of the…
India recorded 83,100 AI-related hires during the period, compared with 31,921 layoffs and attrition, according to the report released Friday. India, the world’s back office for many global companies, is emerging as a key test case for artificial intelligence’s impact on employment, with AI-related hiring outpacing job losses so far, according to Nomura Holdings Inc.The…
India’s Jaismine Lamboria celebrates after winning the women’s 57kg boxing final. (AP Photo) NEW DELHI: Just weeks before stepping into the ring at the Commonwealth Games, Jaismine Lamboria wasn’t thinking about medals. She was searching for answers. The recurring fever had refused to go away.Multiple medical tests showed nothing unusual and the Indian boxer tried…
For nearly 10 years, banks, payment companies, fintechs, NPCI and RBI have collectively invested in technology, cybersecurity, fraud prevention, innovation and customer support The government’s move to lift the legal restriction on banks and platforms from imposing a charge or merchant discount rate (MDR) on UPI transactions, hitherto free, has generated a lot of debate…
As the week unfolds, celestial alignments urge a sense of patience and emotional calm. A solar eclipse may bring to light essential transformations needed in your domestic space. Prioritize resolving familial matters and practice open communication. With Jupiter’s phase concluding, expect newfound clarity around property and educational pursuits. Take on practical responsibilities and break away…
The Bangladesh foreign ministry had said this interaction by a “convicted mass murderer” on the Indian soil stood as an affront to the sovereignty of the country NEW DELHI: With former Bangladesh PM Sheikh Hasina’s news conference kicking up a diplomatic firestorm, the government said on Friday her remarks, especially those related to the government…
The regulatory push is also being reinforced by changing consumer behaviour and a growing social media influence. NEW DELHI/BANGALORE: Atta, paneer, tea, juices, biscuits, ghee, honey, chocolates, energy drinks — the list of daily consumption items facing regulatory glare is growing, and so is the pressure on consumer goods companies. The scrutiny is not limited…
Former Air Force secretary Frank Kendall has been stripped of his security clearance and barred from from holding “any sensitive position,” after the Pentagon accused him of sharing classified details about Air Force One’s capabilities with the media.Chief Pentagon spokesman Sean Parnell announced the action on Friday, saying it was effective immediately. “Effective immediately, the…
India vs Sri Lanka Live Score: India will look to wrap up Sri Lanka Cricket XI’s first innings quickly on Day 2 of the three-day warm-up fixture in Colombo after the hosts reached 363/8 in 90 overs at stumps on the opening day. With regular captain Shubman Gill rested after suffering an impact injury to…
India’s Jadumani Singh Mandengbam (PTI Photo) NEW DELHI: When Indian pugilist Jadumani Singh Mandengbam stepped onto the podium to receive the men’s 55kg silver medal at the 2026 Commonwealth Games in Glasgow, it marked the culmination of a journey that had almost ended before it had even begun.The 22-year-old Manipuri boxer was one of India’s…
