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Following this request, the board has initiated the process of selecting a top firm for conducting forensic audit, said the sources cited above. The private lender, which has faced a 50%-plus market-value erosion in six months, disclosed on March 10 evening certain discrepancies in its derivatives portfolio. These gaps could adversely impact its net worth by 2.35% as of December 2024, with about '1,600 crore of the hit likely to reflect in the March quarter earnings. On Tuesday, the stock lost 27% after the disclosures, the most on record.

I rarely get any physical mail anymore. In fact, if it weren’t for my weekly New Yorker magazine subscription, my mail carrier would have no reason to visit my front stoop. Over a decade ago, I switched all my bills (hydro, natural gas, home internet, credit cards, etc.) to email delivery, and this includes most tax slips, as well as correspondence from the Canada Revenue Agency.

Tamannaah Bhatia and Vijay Varma, whose relationship has been the subject of much speculation, were recently spotted at Raveena Tandon’s Holi celebration. The duo, however, carefully avoided being photographed together, further fueling rumors about their alleged breakup. The grand Holi party, hosted by Raveena Tandon and her husband Anil Thadani, took place at their Mumbai residence and was attended by several celebrities. Tamannaah and Vijay arrived separately and participated in the festivities alongside Raveena’s daughter, Rasha Thadani, with whom they share a close bond. Social media influencer Ashish Chanchlani, filmmaker Abhishek Kapoor, and his wife Pragya Kapoor were among the other notable guests present at the event.

US government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services, as per a report. Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald Trump to run VOA, estimated the move would save $53 million, AP reported. The new administration has quickly asserted its authority at VOA, which has delivered news from an American perspective to countries across the world. While awaiting official approval to take over, Lake was brought on as special adviser at the U.S. Agency for Global Media, which oversees VOA and sister organizations like Radio Free Europe. She announced via social media on Thursday that she was ending the «expensive and unnecessary contracts» with the wire services. «We should not be paying outside news organizations to tell us what the news is,» said Lake, who ran unsuccessfully for Arizona governor. «With a nearly billion-dollar budget, we should be producing news ourselves. And if that's not possible, the American taxpayer should demand to know why.»

Cocoa futures on the ICE exchange hit four-month lows on Friday and headed for 3% losses for the week, amid a large increase in ICE-certified stocks and benign weather forecasts for West Africa. London cocoa fell 3.6% to 6,110 pounds per metric ton at 1259 GMT. Dealers noted ICE-certified stocks have shot up to their highest since early January ahead of the expiry of the front month cocoa contract later this session.

Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities. Hong Kong's benchmark Hang Seng Index — where many major Chinese companies are listed — is up 17 since Trump entered the White House in January. That compares to an about 9 per cent drop in the S&P 500, which has also shed $4 trillion in market value from record highs last month, Reuters reported. Trump's erratic pronouncement on tariffs and moves to slash federal government spending have challenged assumptions about the appeal of U.S.

Japan's largest labor union group said its workers secured the highest pay deal in more than three decades, supporting the case for further gradual interest rate hikes from the Bank of Japan. Labor unions under the federation known as Rengo have so far secured a pay gain of 5.46% on average in ongoing annual wage negotiations, according to its initial tally released on Friday. That's the highest level since 1991 when compared with past final tally figures, and exceeded last year's initial reading of 5.28%.

«In the days to come, you should expect more visas will be revoked as we identify people that we should have never allowed in,» Rubio told reporters following a meeting of G7 foreign ministers. The Trump administration is moving to deport Mahmoud Khalil, a permanent legal resident of the United States who recently graduated from Columbia University and had helped lead high-profile campus protests against Israel's war in the Gaza Strip.

global trade averages in 2024, UN Trade and Development (UNCTAD) said in its Global Trade Update Friday. It said that trends like the widening deficits of the US and EU with China along with India’s rising deficit with Russia amid shifting energy trade could prompt new tariffs, restrictions, or investment shifts, adding to economic uncertainty. However, it cautioned that trade resilience is under pressure in 2025 and as trade uncertainty grows, global cooperation and balanced policies will be key to preventing economic fragmentation and safeguarding long-term growth. Noting that protectionism and shifting trade strategies could disrupt global trade and services trade remains strong but goods trade faces uncertainty, UNCTAD urged balanced policies and multilateral cooperation. Governments are expanding tariffs, subsidies, and industrial policies, reshaping trade flows.

The crimes were perpetrated as part of a systematic, widespread attack against civilians, the UN's Independent International Commission of Inquiry on Ukraine said in a new report to be formally presented next week. «The commission has concluded that Russian authorities committed enforced disappearances and torture as crimes against humanity,» the report said. «Both were perpetrated as part of a widespread and systematic attack against the civilian population and pursuant to a coordinated state policy,» it added. The categorical nature of that statement was unusual for UN investigators.

Gene Hackman's estate has become the focus of speculation. Gene Hackman's will has raised questions after reports surfaced that the majority of his $80 million fortune was left to his wife, Betsy Arakawa. With his $80 million fortune primarily left to his wife, it's unclear what his three children will inherit. Now, legal experts weigh in on whether a courtroom showdown is on the way. His son has already hired a top estate attorney, indicating that a battle over his inheritance is on the horizon, as quoted in a report by the Daily Mail.

Hamas said on Friday it agreed to release an American-Israeli dual national, believed to be the last living American hostage held in Gaza, after receiving a proposal from mediators to continue negotiations on the second phase of a ceasefire deal. Hamas said in a statement that it responded «positively» to the proposal that was presented on Thursday to resume negotiations. It will also release the bodies of four other dual nationality hostages, it said without giving further details. There was no immediate comment from Israel. Meetings between Hamas leaders and U.S. hostage negotiator Adam Boehler in recent days sought the release of Edan Alexander, a 21-year-old man from New Jersey, who served as a soldier with the Israeli military.

Facing a Friday night deadline to fund the government or allow it to start winding down, the Senate is set to vote ahead of the midnight cut-off on a Trump-backed bill passed by the House of Representatives. The deal would keep federal operations going for another six months, but Democrats are under pressure from their grassroots activists to defy Trump and reject a text they say is full of harmful spending cuts. Top Senate Democrat Chuck Schumer — who has long insisted that it is bad politics to shut down the government — said he would support the bill, a move seen as improving its chances of success. «President Trump and Republicans leaders would like nothing more than to pull us into the mud of a protracted government shutdown. For Donald Trump, a shutdown would be a gift,» Schumer said on the Senate floor.

Pakistan International Airlines (PIA) flight landed at Lahore’s Allama Iqbal International Airport with a missing rear wheel, an airline official confirmed on Friday. Fortunately, no accidents or incidents were reported following the Thursday morning landing. The domestic flight, PK-306, had departed from Karachi for Lahore when it was discovered upon landing that one of its rear wheels was missing. A PIA official told PTI that an investigation has been initiated to determine whether the aircraft took off from Karachi with the missing wheel or if it detached during takeoff. Some wheel fragments were later found at Karachi airport, suggesting possible damage before departure. “It appears that one of the rear wheels was in poor condition when the aircraft took off,” the official noted. Despite the missing wheel, a PIA spokesperson reassured that PK-306 made a “smooth and uneventful landing” as scheduled, with passengers disembarking normally.

Subscribe to enjoy similar stories. At its best, Haldiram Snack Food Pvt. Ltd is a great example of a successful Indian family business.

Subscribe to enjoy similar stories. WASHINGTON—The Trump administration is planning to invoke a sweeping wartime authority known as the Alien Enemies Act in an effort to speed up deportations, according to an official familiar with the discussions. Here’s what to know: The Alien Enemies Act was first passed in 1798 and has been seldom used since.

Russia said Friday it expected Vladimir Putin and Donald Trump would discuss a US-proposed ceasefire in Ukraine, but that US envoy Steve Witkoff needed to relay Putin's thoughts to the American president first. Witkoff met the Russian president late Thursday to lay out the details of the US plan, which Ukraine agreed to on Tuesday. «When Mr Witkoff brings all the information to President Trump, we will determine the timing of a conversation (between Trump and Putin),» Kremlin spokesman Dmitry Peskov told reporters. «There is an understanding on all sides that such a conversation is needed. There are reasons to be cautiously optimistic,» Peskov added. «There is still much to be done, but the president has nevertheless identified with President Trump's position.»

Putin expressed gratitude to Donald Trump and Prime Minister of India Narendra Modi, among other world leaders, for their «noble mission» to resolve the conflict. Speaking at a joint press briefing in Moscow with Belarusian President Alexander Lukashenko on Thursday, Putin said he is «grateful» to all the leaders for their efforts towards the goal. «As for Ukraine's readiness for a ceasefire, I will tell you how I view it, of course. But I would like to start by thanking the President of the United States, Mr Trump, for paying so much attention to the Ukraine settlement. We all have enough of our own domestic affairs to attend to,» Putin told reporters. «But many leaders of states, among them the President of the People's Republic of China, the Prime Minister of India, the Presidents of Brazil and the Republic of South Africa are addressing this issue and give it a lot of their time. We are grateful to all of them for that because this activity is aimed at achieving a noble mission — the mission of ending hostilities and loss of life,» Putin said. It may be recalled that Modi had repeatedly called for peace over the last three years while resisting huge pressure from the Western powers to take sides in the war.

state-sponsored vigilantism" to crush dissent after the «Women, Life, Freedom» protests in 2022, a UN investigation said Friday. Iran is making «concerted state efforts to stifle dissent, perpetuating a climate of fear and systematic impunity», the United Nations' Independent International Fact-Finding Mission said in a new report. These involve «the increased use of technology and surveillance, including through state-sponsored vigilantism». Iran was rocked by demonstrations after the September 2022 death of Mahsa Amini, a 22-year-old who had been arrested for allegedly violating the strict dress rule for women based on Islamic sharia law. Widespread anger led to weeks of taboo-breaking protests against the Islamic republic's system of government under supreme leader Ayatollah Ali Khamenei.

Subscribe to enjoy similar stories. On a Monday evening in late February, the Women’s Premier League featured its first-ever ‘super over’—an additional over following a regulation tie to determine the winner. UP Warriorz won that match, defeating the defending champions Royal Challengers Bengaluru in their home turf by 4 runs.

Elon Musk’s satellite communications venture, Starlink, to establish a control centre in India. This move aims to enable authorities to suspend or shut down communication services in sensitive or troubled areas when necessary to maintain law and order, according to top sources cited by TOI. As per the TOI report, the government has also outlined security requirements, including allowing law-enforcement agencies to intercept calls through official channels when required. These directives come as Starlink’s application for a satellite communications licence reaches the final stage. The company has been working on agreements with Reliance Jio and Airtel for marketing, deployment, and network enhancement.