Composer Financial News

Bank of India (RBI) has mandated every bank in India to provide a facility for the exchange of soiled/mutilated/damaged currency notes in lieu of fresh notes. But there are various rules about determining the value of such notes and how the fresh notes are to be disbursed to the tenderer of such soiled notes. “All branches of banks in all parts of the country are mandated to provide the following customer services, more actively and vigorously to the members of the public so that there is no need for them to approach RBI Regional Offices for this purpose: (i) Issuing fresh/good quality notes and coins of all denominations, (ii) Exchanging soiled/mutilated / defective notes, and…..,” said the RBI in a Master Direction dated April 3, 2023, and updated on May 15, 2023.

The financial services industry has a history of furthering inequality — both within the business and the wider public — and that’s something that consumers want it to address.

Mercury Prize, which celebrates the best British and Irish albums of the year, has been announced. ‘The Arctics’ make the shortlist for the fifth time with ‘The Car’. It shares the position with ‘Radiohead’ as the most-nominated act in the award's 32-year history. ‘Arctic Monkeys’, ‘Young Fathers’ and ‘J Hus’ too have been nominated.

Story Protocol, a startup that uses blockchain tech to track intellectual property (IP), has secured more than $54 million in funding driven by venture capital giant Andreessen Horowitz (a16z) crypto.

₹3.92 crore on the first day, ₹3.11 crore on the second day, ₹4.17 crore on the third day, and ₹4.56 crore on the fourth day. The action-thriller “Jailer" which was released in theatres worldwide on August 10, has made a mark at the worldwide box office, accumulating a total of ₹637.79 crore as of Monday, according to film trade analyst Manobala Vijayabalan.

World Cup squad, which will be announced on Sunday. Rahul has been recuperating at the National Cricket Academy in Bengaluru post a thigh surgery, and he will have one final round of fitness drills before flying out to Sri Lanka to join the Indian team for the ongoing Asia Cup. It is understood that the NCA trainers and the team management have been left with little doubt after Rahul batted extensively at nets and in the match simulation process. India was expected to announce their World Cup-bound 15 on September 4 ahead of the September 5 cut off date. But the selectors decided to go ahead with the announcement after Rahul received the fitness clearance. He can be expected to keep wickets too in the World Cup. Chairman of selectors Ajit Agarkar had reached Pallekele on Saturday, and it is understood that he held discussions with captain Rohit Sharma and head coach Rahul Dravid post India's match against Pakistan, which was abandoned due to rain. Ishan Kishan will be the second wicketkeeper in the side and his composed 81 against Pakistan on Saturday was the clincher. It means that Sanju Samson will miss out on an India berth.

Mint’s queries. Music labels generally sign a music production agreement to record and produce songs.

Raksha Bandhan, the auspicious festival celebrating the bond between brothers and sisters is still being observed today (August 31). On this day, sisters will tie a colourful ribbon (Rakhi) on the wrist of their brothersand pray for his long life and prosperity. On this special day, get to know your elder brother a bit better. Discover what the stars have said about him!

The Forum for People’s Collective Efforts (FPCE) has approached the minister with a suggestion that the concessions and exemptions recommended by the Amitabh Kant Committee to realty developers or their stuck projects be limited to only legacy stalled projects to prevent misuse. It has also sought compensation for homebuyers of projects that would be granted such an extension. Homebuyers have also urged that extension for a project, if granted, should be on a case-to-case basis and based on the timeline required to complete the projects in normal circumstances and no blanket extension of three years should be given. FPCE has also recommended to the ministry of housing & urban affairs a RERA monitoring committee (RMC) be established, primarily composed of homebuyers, distinguished independent individuals and reputable non-profit organisations. “The Amitabh Kant Committee report has highlighted the lack of intent on authorities’ part to implement RERA in letter and spirit.

By Abhinav Mital

math exam, have resonated deeply with a multitude of individuals. The narrative, shared by X user Zainab, underscores the power of encouragement and has evoked a strong response from readers. Zainab's poignant account revolves around her mother's unswerving support and the profound impact it had on her. Accompanying her heartfelt narrative, Zainab posted snapshots of her sixth-grade math exam paper, displaying a disheartening score of zero out of 15.

Is conservatism, as a political credo, open to change? Edmund Burke, the 18th century thinker who laid down its basic principles in the West, held that the wisdom of past generations had to be upheld, society was composed of the living as well as the dead and unborn, and all social reform had to be gradual for the sake of stability. In Burke’s country, the UK, the Conservative party in power has Rishi Sunak as its leader, a man of Indian descent who affirms his credentials with—among other things—his tough stance on letting in settlers. In the US, Democrat Joe Biden is president, but the Republican party in search of power has found a new voice in Vivek Ramaswamy, another man of desi lineage who professes conservative ideology; he has lately grabbed attention by setting forth 10 snappy “truths": “God is real.

Dev Kohli, who penned memorable superhit songs like ‘Kabootar Jaa, Jaa, Jaa’, ‘Ye Kaali Kaali Aankhen’, ‘Dil Deewana, Bin Sajna Ke Maane Na’ and ‘Chalti Hai Kay Nau Se Bara’, passed away on Saturday morning after a prolonged illness, industry sources said. Veteran lyricist Dev Kohli, who is known for penning iconic songs for classic films 'Baazigar', 'Hum Aapke Hain Koun..!' and 'Maine Pyar Kiya', passed away on Saturday morning in Mumbai due to age-related ailments. He was 81. According to the news agency PTI, Kohli's spokesperson Pritam Sharma said the lyricist was being treated for several age-related health problems at the Kokilaben Dhirubhai Ambani Hospital.

Pakistan has tried to downplay the snub from the BRICS, saying it has not yet made a formal request to join it after the bloc ignored Islamabad when it announced its major expansion in years. On August 24, The leaders of the BRICS nations decided to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as the new members of the grouping, sealing a long-drawn process. Foreign Office spokesperson Mumtaz Zahra Baloch issued the details of her weekly briefing on Friday night, a day after the bloc of developing countries added new countries. «We will examine the latest developments and make a determination about our future engagement with BRICS,» Baloch said. To a query, if Pakistan was ignored by the bloc, she said Pakistan followed BRICS' developments in its latest summit in South Africa and also noted its openness to inclusive multilateralism. «Pakistan is an ardent supporter of multilateralism and as a member of several multilateral organisations it has always played an important role in global peace and development,» she said. The spokesperson termed Pakistan as an important developing country that has made «important contributions to promote peace, solidarity and cooperation among countries of the South». «We shall continue our efforts at the international fora for fostering the spirit of international cooperation and revitalisation of inclusive multilateralism,» she said. BRICS initially composed of Brazil, Russia, India, China and South Africa has undertaken major expansion taking its members to eleven, making it more representative of the Global South. Reportedly several countries are queuing up to join the group but Pakistan may face a challenge due to the presence of India which enjoys

₹7.70 crore on its first day according to early figures reported by Sacnilk.com, despite mixed reviews. "King Of Kotha" had generated significant buzz, with its trailer being attached to the blockbuster "Gadar 2," which has amassed an impressive ₹419 crore at the box office. This release follows Dulquer Salmaan's recent venture, the web series "Guns and Gulaabs," where he portrayed a Narcotics department police officer, reported HT.

earning the team praise from around the country. However, the makers of Gadar-2 have now been questioned by the music composer of the original film Uttam Singh over not giving him due credit for the original songs.

Law Commission of India that no “substantial change” that could alter the basic features of the Sharia law will be suggested to the government in drafting of a proposed Uniform Civil Code (UCC), the AIMPLB said on Thursday. A delegation of the Muslim body led by its president Maulana Khalid Saifullah Rahmani on Wednesday met the chairman of the Law Commission, Justice Ritu Raj Awasthi, who wished to seek the board's opinion on the UCC as well as its views on certain issues related to the Muslim personal law. While conveying to Awasthi that the UCC was “unacceptable” to Muslims, Rahmani explained that the Sharia was composed of two components – one based on the Quran and Sunna (Prophet's words and actions) and another, the Ijtehad, on the Islamic scholars’ opinions. AIMPLB also said that the chairman of the commission raised some specific questions on the personal law – such as whether there was specific age prescribed for marriage in Islam, position of the AIMPLB on Nikah-eHalala and Muta marriage as well as its views on gender justice – on which the board explained its stance. “The chairman assured the delegation that they are not going to suggest any substantial change which may alter the basic features of Sharia Law.

The most important quality for an investor is temperament, not intellect… You need a temperament that neither derives great pleasure from being with the crowd or against the crowd. – Warren Buffett

Bandhan Bank opened its branch in the Leh district of Union Territory (UT), Ladakh, marking its presence in 35 of the 36 states and UTs of India, the bank announced on Wednesday. On its eighth foundation day, Bandhan Bank also opened another branch in Srinagar, J&K. «It has been a great ride in these eight years of Bandhan Bank. With the opening of our Leh branch, we have established our presence in another union territory and enhanced our presence,» said Bandhan Bank's Founder, MD and CEO, Chandra Shekhar Ghosh. The bank will continue to expand its footprint to reach a wider population across the country, he added. The bank also boasts to have a strong network across the country with more than 6100 banking outlets and 3 crore customers. Inauguration of its new branches was not all of it.