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Mrutyunjay Mahapatra

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Cyclone Hamoon may intensify into severe storm in next 12 hrs; Odisha alerted

The deep depression over the Bay of Bengal intensified into a cyclone on Monday evening, the India meteorological department said, maintaining that it would not have any major impact on the Indian......

India to see 'significantly' higher number of heatwaves from Apr-Jun

Most of India, barring parts of northwest and peninsular region, is expected to experience above-normal maximum temperatures from April to June, the India Meteorological Department (IMD) said on......

'Yaas' likely to make landfall near Odisha port on Wednesday

Severe cyclonic storm 'Yaas' is likely to make landfall near Dhamra Port in Odisha's Bhadrak district early on Wednesday morning, the India Meteorological Department said. IMAGE: Rough sea in the......

Super cyclone 'Amphan' weakens, lakhs evacuated in WB, Odisha

Super cyclone 'Amphan' weakened into an extremely severe cyclonic storm on Tuesday but still packed enough force to pulverise coastal districts of Odisha and West Bengal where lakhs of people were......

'Kris' Gopalakrishnan is first chair of RBI's innovation hub

Senapathy (Kris) Gopalakrishnan, co-founder and former co-chairman, Infosys, has been appointed as the first chairperson of the Reserve Bank Innovation Hub. In August, the central bank had......

Bankers see rates falling by 25-40 bps more before Mar

Of the six-member rate-setting monetary policy committee, five members voted for a 25 bps cut while one by 40 bps, the RBI said. Illustration: Uttam Ghosh/Rediff.com Welcoming the 25 basis points......

4 major debt resolution cases delayed further

The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.  IMAGE: Essar Steel is among the four cases before......

Why PSBs put Rs 1-trn bad loans on sale

Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.......

Cyber security: Why banks may be vulnerable

'There's a huge need for advancements in current security incident logging and monitoring practices.'Advait Rao Palepu reports. Photograph: Kind courtesy pixabay.com Nearly two-and-a-half years......

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