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Subscribe to enjoy similar stories. Music label and entertainment company Saregama India Ltd will invest in filmmaker Sanjay Leela Bhansali-promoted Bhansali Productions Pvt. Ltd as part of a strategic partnership to enhance their output of content, the two companies said in a statement.

Subscribe to enjoy similar stories. When Sanjay Malhotra became the 26th governor of the Reserve Bank of India (RBI) a year ago, he didn’t inherit a crisis—in fact, the period of high inflation was drawing to a close. He did, however, assume office at a time when the entire world was gripped by uncertainty.

Uneasy lies the head that wears the crown,” wrote Shakespeare in his play Henry IV. The English playwright was talking about a king by that name, not of any central bank governor.

Subscribe to enjoy similar stories. When Sanjay Malhotra walked into Mint Street a year ago, few expected him to move as quickly and as boldly as he did to reform one of the country’s most tightly controlled sectors. Twelve months on, bankers believe the Reserve Bank of India (RBI) suddenly feels more open and accessible, and far more willing to rethink old rules.

Subscribe to enjoy similar stories. In October, when the Indian cricket team walked on to the pitch in Ahmedabad during the Test series against West Indies with the Apollo Tyres logo on their shirts, it was a moment of intense pride for Neeraj Kanwar. “It’s not just a logo.

Soon after assuming office at the Reserve Bank of India (RBI) almost a year ago, Governor Sanjay Malhotra had flagged the central bank’s growing concern over the banking sector’s disregard for customer service, especially the scant resources that banks earmark for timely redressal of grievances.The 2024-25 annual report of the Integrated Ombudsman Scheme (IOS), a framework designed for complaint handling, offers details and analysis of the sector’s receipt and resolution of complaints. It shows the scale of the problem that needs to be tackled.

Subscribe to enjoy similar stories. Non-Resident Indians (NRIs) have long looked to India’s mutual funds for wealth creation — but taxation on capital gains remained a grey area. Recent rulings by the Income Tax Appellate Tribunal (ITAT) have now brought meaningful clarity: NRIs in countries with favourable Double Taxation Avoidance Agreements (DTAAs) may be taxed only in their country of residence, not in India.

Subscribe to enjoy similar stories. Reserve Bank of India (RBI) Governor Sanjay Malhotra does not seem to believe in slow starts. Soon after assuming office, he has shot multiple arrows from his regulatory bow.

Bhupendra Singh Chaudhary on Saturday said a committee had been formed at the state level to oversee the programmes. The party's state general secretary Sanjay Rai has been made convenor of the committee. The BJP was founded on April 6, 1980. Chaudhary said party workers would decorate offices across the state and hoist the party flag at their homes. An exhibition on the BJP's successful journey will also be held at the district level. On Monday, the party workers will offer floral tributes to Syama Prasad Mookerjee, Pandit Deendayal Upadhyaya and Bharat Mata at each booth. Conferences of active members will be held in each assembly constituency on Tuesday-Wednesday.

Union Minister Arjun Ram Meghwal is expected to introduce the Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, which aims to reserve seats for Scheduled Tribes in Goa and rescind seats in the Legislative Assembly. «The Bill for enabling reservation of seats in accordance with article 332 of the Constitution for effective democratic participation of members of Scheduled Tribes and to provide for the readjustment of seats in the Legislative Assembly of the State of Goa, in so far as such readjustment is necessitated by inclusion of certain communities in the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto, be taken into consideration,» the legislative business reads. Additionally, Union Minister Rajiv Pratap Rudy will introduce a Bill to amend the Mental Healthcare Act, 2017, and the Mental Healthcare (Amendment) Bill, 2024. Other key presentations include the Committee on Estimates' Sixth Report on promoting climate-resilient agriculture and the Standing Committee on Housing and Urban Affairs' Fifth Report on regional rapid transit systems.

West Bengal School Service Commission (WBSSC) saying it «intentionally» covered up the lapses and illegalities in the appointment of 25,753 teachers and staffers in state-run and state-aided schools. The scathing remarks came from a bench of Chief Justice Sanjiv Khanna and Justice Sanjay Kumar in its judgement by which it annulled the appointment of 25,753 teachers and staffers. Authoring the judgement, the CJI said despite the factual background and the credible evidence indicating irregularities the «WBSSC initially did try and cover up the lapses and illegalities». The CJI went on, «The cover up itself has made the verification and ascertainment more difficult or rather impossible given the scale of camouflage and dressing up done at each stage. We are convinced that the entire selection process was intentionally compromised due to the illegalities involved.» The top court upheld the Calcutta High Court's findings on illegalities in the selection process on 17 counts. The high court said OMR sheets were destroyed without the scanned mirror images being preserved on the commission's server.

Waqf Amendment Bill is set to be introduced in the Lok Sabha today, sparking mixed reactions from opposition parties and BJP ally JD(U). JD(U) Member of Parliament Sanjay Jha expressed his party's concern, stating that the bill should not be retrospective. He mentioned that if their concerns were addressed in the bill, they would support it. «Our concern is that it (Bill) should not be retrospective. Let the bill come if our concerns are accommodated in it, we will definitely support the Bill,» Jha told ANI. JD(U) leader Rajiv Ranjan Prasad said, «As far as JD (U) is concerned, most of the suggestions made during the JPC meetings regarding the Waqf Amendment Bill have been reported to be included. Therefore, a whip has been issued to the MPs by the party to remain in the House during the proceedings of Parliament and vote in favor of the government.» «We will tell make our stand clear in Parliament. JD(U) and CM Nitish Kumar does not need to learn the definition of secularism from Congress,» he added. RJD MP Manoj Kumar Jha criticized the Waqf Bill, saying It violates the Constitution.

Reserve Bank of India (RBI) Governor Sanjay Malhotra called on President Droupadi Murmu at Rashtrapati Bhavan on Friday. «Shri Sanjay Malhotra, Governor, Reserve Bank of India, called on President Droupadi Murmu at Rashtrapati Bhavan,» the President of India posted on X. Earlier on March 26, Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated. The RBI Governor noted that technological advancements have given strength to money laundering and terror financing activities. «The threats from money laundering and terror financing to the national and global financial systems are continuously evolving and becoming more sophisticated,» RBI Governor Sanjay Malhotra said, speaking at the Private Sector Collaborative Forum of the Financial Action Task Force (FATF).

Bank of Baroda (BoB), India's second largest public sector lender by assets, is stepping up on retail loan growth with renewed focus on home loans, tie-ups with auto companies, and a fresh strategy to target corporate account employees with personal loans as it expects a 20% compound annual growth rate to continue at least for the next 3 years, executive director Sanjay Mudaliar said. The brisk pace in retail loans will mean the proportion of retail in its total loan book could increase to about 32% in the next three years from 27%. Home loans as a percentage of BoB's loan book are relatively lower at 51% compared to 55% for larger peer SBI. Mudaliar said early success in personal and auto loans meant the bank never stepped on the pedal on home loans but that is now changing. «We had an experience in home loans, but it was not scaled up to the extent we were looking for. Now with the personal loans coming under pressure, the bank is going slow on digital lending, and with the ups and downs in auto loans, the shift is happening towards home loans,» he said.

Rajiv Gauba as full-time member of NITI Aayog with immediate effect and Sanjay Kumar Mishra, the former head of Enforcement Directorate, as the full-time member of the Economic Advisory Council to the PM (EAC-PM). Both these appointments were notified on Tuesday. While Gauba is the retired 1982-batch IAS officer from the Jharkhand cadre who served as a cabinet secretary for five years from 2019 to 2024, Mishra is a 1984-batch Indian Revenue Service (IRS) officer from Uttar Pradesh. “NITI Aayog welcomes Shri Rajiv Gauba. His vast experience and excellence in public administration will be pivotal in spearheading policy-making and implementation,” the Aayog tweeted on Thursday. Gauba will join the league of four existing full-time members of the Aayog including VK Saraswat, VK Paul, Ramesh Chand and Arvind Virmani. While the prime minister is the chairman of the Aayog, Suman Bery is the vice chairman of the Ayog which was set up in 2015 replacing the erstwhile Planning Commission. With the appointment of Mishra, the EAC-PM will now have three full-time members, the other two being Sanjeev Sanyal and Shamika Ravi. The other part-time members of EAC-PM include Rakesh Mohan, Sajjid Chinoy, Neelkanth Mishra, Nilesh Shah, TT Ram Mohan and Poonam Gupta.

Subscribe to enjoy similar stories. In a recent talk at the Institute for Social and Economic Change, economist Sanjay Reddy noted a startling fact about India’s growth process. According to the International Monetary Fund, in 2024, India ranked 142nd out of approximately 190 countries, with a nominal per capita GDP of around $2,700.

Reserve Bank of India governor Sanjay Malhotra while addressing Private Sector Collaborator Forum 2025 in Mumbai asserted that the measures taken to combat money laundering should not overzealous which can stifle legitimate activities and investments. «While we continue to keep our financial systems safe from money laundering and terrorist financing, policymakers must ensure that our measures are not overzealous and do not stifle legitimate activities and investments,» Malhotra said on Wednesday.

Kunal Kamra has released a new video titled Hum Honge Kangal on Instagram, following his refusal to apologise for a joke about Maharashtra Deputy Chief Minister Eknath Shinde. The video, a parody of the song Hum Honge Kamyab, features visuals of Shiv Sena workers vandalizing the India Habitat venue, where Kamra had performed.

Shiv Sena (UBT) leader Sanjay Raut on Monday demanded that Maharashtra Chief Minister Devendra Fadnavis recover damages from Shiv Sainiks who vandalised the studio where stand-up comedian Kunal Kamra's show was shot. Speaking to reporters, Raut alleged that there was «gunda raj» (hooliganism) in the state capital and said Fadnavis was incapable of handling the home department. The Mumbai police have registered an FIR against Kamra for allegedly making defamatory remarks against Deputy Chief Minister Eknath Shinde during a show. The police also registered a case against nearly 40 Shiv Sena workers for allegedly vandalising the Habitat Studio in Mumbai's Khar area, where Kamra's show with «gaddar» (traitor) jibe at Shinde was filmed, and a hotel where the studio is located. The comedian taunted Shinde using a modified version of a Hindi song from the film «Dil To Pagal Hai», eliciting laughter from the audience. Raut said Kamra hadn't named anyone in the satire song and questioned the need for the agitated reaction.

«The place where this show was recorded, the booking money for it came from Matoshree from Uddav Thackeray and that is why Eknath Shinde has been targeted,» Nirupam said during a press conference in Mumbai. «The people of Maharashtra have blessed the choice of Eknath Shinde, in that too, Kunal Kamra went forward with allegations because Sanjay Raut and Uddhav Thackeray has given him money,» he added. The leader further showed a photo of Sanjay Raut and Kunal Kamra at Habitat venue together. The photo is from a previous series of Kamra, called 'Ya Kunal,' where he interviewed UBT leader Sanjay Raut. Alleging that Kamra is part of the «Rahul Gandhi and Congress ecosystem,» he added, «He is a man of leftist ideology and a close friend of Sanjay Raut. First he walks with Rahul Gandhi in padyatra and his picture comes with Sanjay Raut, he also meets Sharad Pawar and Supriya Sule. And now in the name of stand-up comedy, he has made a very low level comment on our supreme leader Eknath Shinde.»

Mumbai police arrested 11 members of the Yuva Sena, the youth faction of Eknath Shinde-led Shiv Sena on Monday for vandalising the Habitat comedy venue. The group was protesting against the alleged derogatory remarks made by standup comedian Kunal Kamra on his recent comedy special, 'Naya Bharat,' uploaded on Youtube. According to police, the youth group went inside the venue while a live show of comedian Rajat Sood was going on, forcing it to stop and vandalised it. Shiv Sena has strongly objected to the comments made by Kamra, meanwhile the Opposition alliance in Maharahstra has criticised the Mahayuti government for the «break down of law and order», which UBT's Arvind Sawant saying that every word spoken by Kamra is correct. Earlier, Officials had registered a FIR it under Sections 132, 189(2), 189(3), 190, 191(2), 324(5), 324(6), 223, 351(2), 352, 333, 37(1), and 135 of the Bharatiya Nyay Sanhita (BNS), 2023 and also under sections 37 (1) and 135 under the Maharashtra Police Act. Shinde Sena's Sanjay Nirupam alleged that the booking money for the show came from Matoshree, the residence of former Chief Minister Uddhav Thackeray.