The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.
Congress leaders were seen giving media bytes at various places at the headquarters, arguing that the trends would change by 1 PM but it did not happen.
In a recent townhall meeting, creditors of WazirX pressed founder Nischal Shetty and the restructuring legal team for solutions, seeking representation on the committee of creditors (CoC) and expeditious restructuring within four months, and asked for clarity on redistribution of potential gains from future crypto market upswings.
Livid PT Usha declares no confidence bid against her illegal
In her oeuvre, Han Kang confronts historical traumas and invisible sets of rules and, in each of her works, exposes the fragility of human life.
Pakistan's head coach for limited-overs format Gary Kirsten has returned home with the board set to announce the successor to captain Babar Azam in white-ball formats later in the month.
On the eve of the Haryana assembly poll results, the issue of chief minister-ship has taken centre stage in the Congress with all eyes on its high command's next move as the party expects to regain power after 10 years in the state.
The 2024 Nobel Prize in physiology or medicine has been awarded to Victor Ambros and Gary Ruvkun for their discovery of microRNA, a new class of tiny RNA molecules that play a crucial role in gene regulation.
Captain Sharan and Flight Engineer Anil Jaggia both confirm that the hijackers seemed to know a lot about flying an aircraft. Without help from the ISI or the Pakistan army, it was impossible, points out Utkarsh Mishra.
The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.
The IOC has escalated its feud with the International Boxing Association by effectively asking member countries to de-recognize national federations that remain aligned to the suspended body, a directive that the IBA lambasted as "unacceptable gaslighting".
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
Zee Entertainment Enterprises, co-producer of Kangana Ranaut's film Emergency, on Friday told the Bombay high court it has agreed to the cuts suggested by the censor board.
A bench of Justices P S Narasimha and R Mahadevan asked the LG's office to not hold elections for the post of chairman of the Standing Committee till it hears the plea of Mayor Shelly Oberoi against the September 27 Standing Committee polls.
A cache of weapons, including an AK-47 rifle, one SLR (self-loading rifle), one INSAS rifle, one LMG rifle and one .303 rifle were also recovered from the encounter spot.
FIFA's disciplinary committee will be asked to look into allegations of discrimination raised by the Palestinian Football Association (PFA) after it submitted a proposal to suspend Israel in May, world soccer's governing body said on Thursday.
In accordance with the decision, the committee has rescinded the red card shown to Akhtar, and downgraded it to a caution (yellow card) "for reckless play nature as suggested concerning the technical report".
'The SGM shall be a hybrid meeting as per Article 8.3 of the Constitution of the IOA. Those who are unable to join the meeting physically, can join the meeting through Webex for which the online link would be available on the website of the IOA.'
All complaints were forwarded to the state-level grievance redressal committee, which was formed by the state government on Tuesday evening after agitation by junior doctors who are currently on a "total cease work".
Anwar was handed a four-month ban by All India Football Federation (AIFF) in early September with the governing body holding the player "guilty" of terminating his contract with Mohun Bagan in an unjust manner and signing a new deal with East Bengal, having returned to his parent club Delhi FC.
Babar Azam lost his interest in captaining Pakistan's white ball teams after a critical report submitted by head coach Gary Kirsten to PCB.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
The junior doctors called off their 'total cease work' at state-run medical colleges and hospitals around 8.30 pm on Friday but threatened to launch a hunger strike till death if their demands were not met by the West Bengal government within 24 hours.
As many as 14 Maoists were killed in an encounter with security personnel in Chhattisgarh's Bastar region on Friday, a senior police official said. However, ANI has put the toll at 30.
'There is some deep rot that has set in the Congress party. This requires an organisational surgery.'
The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.
The HC bench while hearing a habeas corpus petition filed by S Kamaraj, a retired professor from Coimbatore, had directed the Tamil Nadu government to submit particulars on all the criminal cases registered against the spiritual guru Jaggi Vasudev's Isha Foundation.
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
The auction, a violation of democratic norms, has been condemned by several political leaders. Elections to gram panchayats in Punjab will be held on October 15.
The Union Cabinet on Thursday approved conferring the status of classical language on Marathi, Pali, Prakrit, Assamese and Bengali languages.
The Haryana victory will be a morale booster for the Bharatiya Janata Party and increase its bargaining power in the Mahayuti's seat-sharing talks for the upcoming Maharashtra assembly elections, according to political analysts.
Military officials released new video on Monday of a close encounter between a Russian fighter jet and a US Air Force F-16 interceptor near Alaska, Associated Press has reported.
Cameroon Football Federation (Fecafoot) chief Samuel Eto'o has been banned from attending the national team's matches for six months after violating FIFA's disciplinary regulations, soccer's governing body said on Monday.
Hindu outfits that took out a march in Kullu demanding the demolition of the mosque were involved in a scuffle with the police on Monday.
The court emphasised that all parties must comply with Section 16 of the POSH Act, ensuring confidentiality of the identities involved.
'Durga Puja is also a time to catch up on the gossip and when the girls of the family get together it's a beautiful feeling that is hard to describe.'
At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.
'Unlike in the sporting arena, where sports federations moved from partisan to impartial referees, in Indian democracy's biggest festival, it appears we are moving backward from unbiased and objective to one-sided and partisan,' observes Nilanjan Mukhopadhyay.
The Supreme Court on Friday set up a five-member independent SIT to probe the allegations of animal fat used in preparing Tirupati laddus to "assuage the feelings of crores of people" while making clear that the court cannot be used as a "political battleground".
The Dera chief has sought to stay in Baghpat, Uttar Pradesh, during the parole period, if granted.
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