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Nirmala Sitharaman has approved the creation of Chief General Manager post (CGM), below board level, in five more nationalized banks including Bank of Maharashtra, Central Bank of India, and UCO Bank. Besides, Indian Overseas Bank and Punjab & Sind Bank would now elevate their General Managers (GM) to CGMs. Prior to this, CGM posts were available in six out of 11 nationalized banks. «While creating the said post, the Finance Minister has also approved the increase in the existing number of CGMs in the banks that already have CGM-level posts. This step will significantly enhance the administrative structure and efficiency of banks,» the finance ministry said in a statement.

Ishan Kishan returned to the national reckoning as he was on Monday named in a 15-member India A squad, to be led by Ruturaj Gaikwad, for the upcoming tour of Australia. Fresh from his fine hundred against Mumbai in the Ranji Trophy, Maharashtra's Gaikwad was named captain of the India A team. India A will play two first-class matches against Australia A in Mackay and Melbourne and then take part in a three-day intra-squad game against the senior India team in Perth. Apart from Gaikwad, the squad also includes other opening batters like Abhimanyu Easwaran and Sai Sudharsan, as India will likely need to name a reserve opener in their Test squad for the upcoming tour of Australia, with captain Rohit Sharma set to miss one of the first two matches of the Border-Gavaskar Trophy for personal reasons.

development finance institution and impact investor. «The beauty about India is it is the creator of concepts for emerging models. Developers in Southeast Asia are looking to India. How is India developing? In fact, we run workshops on how Indian renewable power sector has evolved,» Srini Nagarajan, managing director and head of Asia at BII, told ET. Today, BII has a $2.3 billion portfolio in India and has committed to invest over $1 billion between 2022 and 2026.

Hilsa fish from Bangladesh, even though the neighbouring nation had issued an order of export of 2,420 tonnes to India. This has happened as the order for fish imports came late when the availability of Hilsa comes down in Bangladesh as the monsoon retreats. The order was issued in late September by the Bangladesh government when the Hilsa catch dwindled and the quality too suffered. For the Hilsa lovers, which is a gastronomic delight for them, prices did not fall much as the availability was less. Prices of Hilsa which were expected to halve, have fallen by only 10-15% to ₹1700 per kg.

KKM Financial has converted its Essential 40 mutual fund into an ETF, joining the growing shift by asset managers to a more tax-efficient fund model.

Coming to key battleground states, Republican Presidential nominee Donald Trump is having a lead in Arizona by 1.7 points and in Georgia by 1.9 points which eventually marks a significant turnaround from earlier polling where Kamala Harris was having an edge, reported The Hill. Early voting in Georgia has seen record turnout of voters and in Michigan, Kamala Harris’s lead has come down to just 0.7 points which are raisings severe concerns among the Democrats regarding the blue collar voters. Also Read: Venom 3: Is it available on streaming or digital?

ICICI Bank has alerted its customers about an increasing number of parcel fraud scams. These scams involve criminals using psychological tactics to trick people into giving away sensitive personal and financial information. In an email to customers, ICICI Bank explained that scammers pretend to be from the Customs Department or the Police. They contact their targets through phone calls and claim that a parcel in their name contains illegal substances like narcotic drugs. The bank stated, «Scammers use psychological tactics during the calls to threaten the victims and obtain their personal information such as Bank/Card details. They make the victims believe that they are being digitally arrested and ask them to share their sensitive/personal information. They also ask the victims to initiate money transfers to a fake RBI Account and provide their Aadhaar numbers and other identification details apart from the Bank information to steal the money.”

NCLT) has dismissed an application filed by Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAVPL), which sought to restrain IndusInd International Holdings (IIHL), the successful bidder for Reliance Capital, from using the ‘Reliance’ brand following the implementation of its resolution plan. On Friday, a division bench comprising Justice V.G. Bisht and technical member Prabhat Kumar orally dismissed the application filed by ADAVPL, according to two individuals familiar with the matter. A detailed order had not been uploaded at the time of this report. A spokesperson for the ADA Reliance Group could not be reached for comment.

doctors in West Bengal have ended their 16-day hunger strike after a nearly two-hour meeting with Chief Minister Mamata Banerjee on Monday. The discussions focused on various demands from the medical community, particularly addressing the «threat culture» prevalent in hospitals following the tragic rape and murder of a doctor at RG Kar Hospital in August. During the meeting, streamed live from the state secretariat, Banerjee encouraged the doctors to conclude their fast, stating that most of their demands had been addressed, while rejecting the call to remove the state health secretary. While both sides acknowledged the existence of a threat culture, they disagreed on its causes and implications. Banerjee highlighted concerns about the suspension of junior doctors at RG Kar Hospital, questioning the authority of college officials to act without informing the state government. She asserted, «How can these students or resident doctors be suspended just on the basis of complaints?»

Pushkar Singh Dhami on Monday made four announcements on the occasion of Police Commemoration Day, including Rs 100-crore allocation for the construction of residential buildings for cops and increasing their diet allowance by Rs 100 per month. Dhami was addressing police personnel after offering a wreath at the Shaheed Smarak at Police Line Dehradun. In his address, the chief minister also announced an raise in the high altitude allowance to Rs 300 per day for personnel living at a height of over 9,000 feet and an increase of Rs 3,500 in the uniform allowance of police inspectors and assistant sub-inspectors. On this occasion, he also honoured the families of the police personnel who sacrificed their lives.

Partha Pratim Sengupta is likely to assume charge as managing director and chief executive officer of Bandhan Bank on November 1, ending four months of leadership gap at the Kolkata-based universal bank having a microfinance legacy. The immediate challenges for Sengupta would be to address the asset quality stress the lender has been facing, especially on its microfinance portfolio, and to contain the higher operational expenses, according to banking experts. A few formalities are yet to be completed, but he will most probably take charge on November 1, two people in the know said. «If not, he will definitely join within the first week of November,» said another bank official.

Kamala Harris increase for her US presidential bid, Obamas have come forward to assist her campaign. Barack and Michelle Obama, arguably very successful in previous electoral battles, have been quite active in campaign activities, especially for battleground states such as Michigan and Georgia. However, the initial endorsement by Obamas was lukewarm — communicated in a pre-recorded video rather than a much more powerful live appearance. Also Read: Kamalatown: This is Kamala Harris' hometown and it's full of drug addicts with no rule of law

defence cooperation between the two countries and explore new avenues of cooperation between their navies, an official statement said on Monday. Adm Tripathi will also witness the conduct of the third edition of the India-UAE bilateral naval exercise, the defence ministry said in the statement. The Chief of the Naval Staff is scheduled to hold discussions with Rear Admiral Pilot Saeed Bin Hamdan Al Nahyan, Commander of the UAE Naval Forces and other senior government officials of the UAE, it said. Adm Tripathi is visiting the UAE from October 21-24, the ministry said.

research and development (R&D) capabilities, Honasa Consumer, the parent company of beauty and personal care brand Mamaearth, has appointed Kaustav Guha as vice president of research & development. An alumnus of IIT Kharagpur, Guha will lead the company's R&D initiatives and product formulations across Honasa's portfolio of brands, which include Aqualogica, The Derma Co, Bblunt, Dr Sheth's and Staze. Guha has earlier been with personal care brands Marico and L'oreal. In his latest stint, he was with Fireside Ventures-backed ayurveda-focused brand Nat Habit.

Donald Trump supporter named Luke proudly wore a hat written «Make America Great Again» on it at a university known for its liberal politics which eventually drew various mixed reactions, reported The U.S. Sun. Luke was located at Berkley which is in California and has always been left leaning while it overwhelmingly supported US President Joe Biden in the US Presidential Elections 2020. According to The U.S. Sun, Luke has heavily criticized US Vice President Kamala Harris while claiming that she does not love US at all and expressed severe concerns regarding the immigration issue asserting that illegal immigrants would end up destroying the country. On the other hand, former US President Donald Trump has been leveraging the political landscape of California to criticize Kamala Harris while he labelled her as a San Francisco Liberal. Also Read: Has Kamala Harris reclaimed support from Latino and Black Voters? New poll reveals her standing against Donald Trump

Biltmore Estate after the deadly Hurricane Helene devastated North Carolina in September, forcing the closure of one of the area's most popular tourist attractions. The Biltmore Estate will re-open on November 2, Saturday, the company said in an official press release. The historic 8,000-acre estate in the Blue Ridge Mountains Biltmore estate sustained varying degrees of storm damage when Hurricane Helene ripped through western North Carolina, bringing unprecedented flooding and destructive winds to the area, reported Fox Business. Biltmore Estate is one of the largest and most historic attractions in Asheville and has been shut since Helene battered the western Carolinas as a tropical storm. ALSO READ: How Helene became the near-perfect storm to bring widespread destruction across the South

National Capital Region (NCR), authorities will implement Stage II of the Graded Response Action Plan (GRAP) starting at 8:00 AM on October 22, 2024. The Commission for Air Quality Management (CAQM) announced this decision after Delhi recorded an Air Quality Index (AQI) of 312, marking the air quality as «Very Poor.»

West Bengal Chief Minister Mamata Banerjee and agitating junior doctors on Monday lasted nearly two hours, discussing various demands of the medics, including the prevailing "threat culture" in the state's hospitals, to resolve the impasse stemming from the rape and murder of a doctor at RG Kar Hospital in August. During the talks, held on the 17th day of a fast-unto-death by some protesting doctors, which was streamed Live for the first time from the state secretariat-Nabanna, Banerjee urged the junior doctors to end their fast, stating that most of their demands had been addressed, while rejecting the one on removing the state health secretary. Although both sides agreed on the prevailing threat culture, they differed on the underlying premises, forces, and situations that promote it. «At RG Kar Medical College and Hospital, several junior doctors and medical students were suspended without following proper procedures and rules. How can these students or resident doctors be suspended just on the basis of complaints? Who gave the college authorities the right to take such a step without informing the state government? Isn't this a threat culture?» the chief minister said.

Indian diaspora appear extremely bullish on the Indian economy as aggregate inflows to NRI deposits more than doubled. Inflows into NRI deposit schemes amounted to $7.8 billion in April-August this year to compared to inflows worth $ 3.7 billion in the same period a year ago, the latest data released in the Reserve Bank of India’s latest monthly bulletin. Both dollar (FCBR(B)) and rupee deposits (NRE(RA)) surged reflecting higher returns in the Indian markets as also the strong fundamentals.

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...