NOT Financial News

BharatPe criticised the Reserve Bank of India (RBI) for what he calls "punitive action" against Paytm Payments Bank (PPBL). In an interview with MirrorNow, Grover called the regulator's action an "overreach", adding that the message being sent is that "banks are (systemically) important, but fintechs are not". Disappointed by the lack of legislation, Grover said, "Seems to be a $20 billion glass ceiling and the moment you hit it it seems the only way to go is down.

Robert De Niro, the American actor and producer was in utter shock and disbelief after the death of his grandson in the past year from an accidental drug overdose situation. The 80-year-old star of 'Killers of the Flower Moon' has informed about the sudden loss of Leandro De Niro Rodriguez, his grandson last year. As per the medical examiner in New York City, the cause of death Rodriguez was the «toxic effects of fentanyl, bromazepam, alprazolam, 7-amino clonazepam, ketamine, and cocaine». He was 19 years old at that time.

aviation regulator to control airfares in the country is unlikely to impact rates in the current free market regime, airline executives and industry experts said in reaction to a parliamentary panel's call to take measures to check high fares. Air ticket prices are expected to rise further due to significant capacity cuts. IndiGo, the country's largest airline, has grounded 74 planes until December while others including Go First, SpiceJet, Air India group and Vistara grounded 90 planes.

The Bank of Canada’s top officials cited a “mixed picture” on the direction for underlying inflation and the Canadian economy in deciding to hold its benchmark interest rate late last month, newly released deliberations show.

Haldwani on Friday to assess the situation. The state government issued a high alert across the state on Friday, and security was tightened in Banbhoolpura. Meanwhile, the district administration has ordered the suspension of internet services and the closure of all schools and colleges.

cricket series, currently locked at 1-1, The Indian Express reported. His gear, unlike his teammates', did not head to Rajkot, where the next match is going to take place. His kit was sent to his Mumbai residence instead, the publication added.

Considering Apple's compliance with the EU regulation, should competition authorities in India also mandate the company to accept the installation of alternate app stores and non-Apple payment gateways? Probably not. A more sensible approach would be to accept Apple’s App Store and Google’s Play Store as natural monopolies in their spheres and regulate the tariff, without compromising the security and integrity of these platforms.

equity funds in the country are showing that size is just a number. Far from slacking under their bulging mass, these funds are running faster than most of their peers. The Rs.56,000 crore HDFC Mid Cap Opportunities is the biggest actively managed equity fund in the country. A scheme with a proven track record, its return profile faltered between 2017 and 2021, possibly suggesting that its burgeoning size was inhibiting its performance. However, the fund has made a strong comeback since 2022. It has ranked among the top three performers in the mid-cap category over the past three years. The next big name on the size ladder is Parag Parikh Flexi Cap. This Rs.52,000 crore fund, characterised by its valueconscious investing style and ‘go anywhere’ approach, has been an investor favourite for many years. It has not let its ballooning size dent its performance figures; the fund continues to rank in the top quartile in its category over a three-year horizon. The Rs.48,000 crore ICICI Prudential Bluechip, the biggest large-cap scheme in the country, is another big-ticket offering that has dispelled any concerns over size- led deterioration in its performance. While it went through a lean patch between 2018 and 2020, it has regained its mojo from 2021 onwards. The fund ranks third in its category over a three-year period. It has also comfortably outpaced its index over the past one and three years. HDFC Flexi Cap and Nippon India Small Cap, which boast assets in excess of Rs.40,000 crore, have also starred in their respective categories. Biggest funds have fetched healthy outcomes Large corpus did not impact the fund performance.

University Grants Commission (UGC) has issued draft guidelines for de-reserving vacancies meant for scheduled caste (SC), scheduled tribe (ST) and Other Backward Class (OBC) candidates in higher education institutes (HEIs) and open them up for the general category if enough reserved candidates are not available, news agency PTI reported Sunday. The last date for providing public opinion ends today.

The Congress leader was speaking at a talk show at the Kolkata International Book Fair. According to the report, he said that while relations with Maldives at present are not good, that with Sri Lanka was not too bad, while that with Bangladesh is pretty good. "Relations with Pakistan are in bad shape, Nepal is more and more subject to Chinese influence and Chinese influence is also increasing in Bhutan," Tharoor said while talking about India's position vis-a-vis smaller countries in the periphery.

Higher Education Institutions (HEIs) in the country will no longer be given grades under the accreditation system, rather they will be categorised either as «accredited» or "not accredited", the National Assessment and Accreditation Council (NAAC) decided on Saturday. In an executive council meeting held on Saturday, the NAAC also decided that the accredited institutions will be further given levels between one and five to encourage them to achieve the highest level.

Maharashtra Deputy Chief Minister Devendra Fadnavis on Saturday said OBCs need not have any apprehension about the state government’s notification in connection with activist Manoj Jarange’s Maratha quota stir and also schooled his cabinet colleague Chhagan Bhujbal on issuance of Kunbi certificates.

Nitish Kumar may rejoin the Bharatiya Janata Party (BJP), BJP leader CT Ravi on Saturday said that the INDIA alliance does not even exist anywhere as allies of INDIA bloc are fighting each other. "… Politics is not stagnant, it goes on… INDIA alliance does not even exist anywhere.

U.S. auto safety regulators have closed an investigation into complaints that the doors on some Ford Escapes can open while the SUVs are being driven, without seeking a recall

SBI holiday this weekend: SBI is closed today for the fourth Saturday holiday and will remain closed tomorrow, following the regular Sunday closure. The SBI was closed on January 26 on the account of India's 75th Republic Day. Indian banks enjoyed a three-day weekend starting this Friday, in commemoration of the 75th Republic Day, and will wrap up on Sunday.

Household finances continue to be tight and most families are scrimping and saving everywhere they can, which begs the question: What can you do if you’re struggling to make ends meet, but can’t cut your spending any more than you already have?

SAO PAULO (Reuters) -Brazilian airline Gol does not expect its Chapter 11 proceedings to trigger job cuts, its chief executive said on Friday, reiterating that the carrier's operations will remain as usual while it is under bankruptcy protection.

Gyanvapi masjid committee on Friday said the ASI survey of the mosque, which Hindu side lawyers claim was built on the remains of a pre-existing temple, is just a report and not a judgment. The Anjuman Intezamia Masajid Committee said they are studying the ASI survey report after which they would make comments.

Russian President Vladimir Putin expressed admiration for the leadership of PM Modi, commending India's economic development and independent foreign policy during an interaction with university students in the Kaliningrad Region on 'Russian Student Day'. Putin highlighted India's remarkable economic growth under Modi's leadership and credited the Prime Minister for the nation's achievements. «India has one of the highest rates of economic development and growth in the world, and that too is due to the leadership qualities of the incumbent Prime Minister.

If you notice that your clothes are not as clean as they used to be, it could be due to mineral build-up inside your washing machine. This build-up, known as scaling, can also affect the internal components and lead to expensive repairs. It can cause issues such as water leakage, poor performance, and even physical damage to parts. To avoid these problems, it is important to clean your washing machine regularly. Step 1: Common household items that can be used for descaling washing machine Before embarking on your washing machine revitalization journey, make sure you have the following supplies on hand:

electric vehicle industry in India is advancing at a rapid pace. However, industry players note that it still needs some hand-holding as it is yet to mature. There is almost a consensus on the government continuing FAME subsidies in FY25. Along with that, many industry players have asked for GST parity for EV batteries, as well as financial incentives such as tax credits, subsidies, and low-interest loans. Here's what the industry players are asking from Finance Minister Nirmala Sitharaman. Hyder Khan CEO Godawari Electric Motors «I eagerly anticipate the upcoming budget with optimism and a fervent hope for increased support towards the electric mobility sector. The extension and enhancement of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme would be instrumental in propelling India towards a sustainable and eco-friendly future. Substantial subsidies for electric vehicles and related infrastructure would not only incentivize consumers but also bolster the growth of our industry. These measures will not only promote cleaner transportation but also stimulate innovation and job creation. I look forward to a budget that recognizes the pivotal role electric mobility plays in achieving environmental goals and economic development, and I trust that the government will continue to foster a conducive ecosystem for the electric vehicle industry to thrive.»