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MUMBAI: Home loan rates are set to drop to levels last seen before the global financial crisis in 2008, with the RBI's monetary policy committee reducing the repo rate by 25 basis points to 5.25%.Several banks -- Union Bank, Bank of India, Bank of Maharashtra and Indian Overseas Bank -- currently offer home loans at 7.35%. Borrowers at this rate will see their interest rate decline to 7.1%, which is also the deposit rate offered by some private banks. On a Rs 1 crore home loan for 15 years, a 0. ...Read More >
Bijapur: The total number of Maoists killed in an encounter with security forces in the Bijapur district of Chhattisgarh now stands at 18, officials have confirmed. Searches are being carried out to locate more bodies, if any. Three District Reserve Guard personnel also laid down their lives in the operation that lasted nearly 24 hours between Wednesday and Thursday. While 12 bodies of the Naxalites were recovered on Wednesday, six were found a day later. According to the police, 16 of the sla ...Read More >
Lucknow, Dec 5 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Friday underscored the need to implement the "One District, One Cuisine" (ODOC) concept to give each district a unified identity through its distinctive culinary heritage. Adityanath, in a high-level meeting here, said, "The 'One District, One Product' (ODOP) initiative, now a defining feature of 'Brand Uttar Pradesh', is set to advance to its next phase, ODOP 2.0, which will further boost local industries, self-employment, an ...Read More >
CHENNAI: IndiGo is in the middle of a major schedule disruption, with close to 900 flights cancelled since Tuesday. The airline is struggling to manage operations due to a shortage of crew and the rollout of revised duty-time norms. As a result, passengers at key airports including Chennai, Delhi, Bengaluru, Hyderabad, and Kolkata are facing long waits, packed terminals and increased last-minute fares. The DGCA has called IndiGo's senior leadership for a detailed review of the situation. We are ...Read More >
MUMBAI: Reserve Bank of India's Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India's growth data and classifying the Indian rupee's exchange rate regime as a "crawling peg" within a managed float system.On the concern regarding data quality, Gupta said that the IMF's critique is more procedural than substantive. "The point that they're making on what is perceived to be the quality of our statistics is a very limited ...Read More >
NEW DELHI: IndiGo said that Friday should be the day with highest number of cancellations, as the airline is taking necessary steps to reboot its systems and schedules for progressive improvement. "Short-term proactive concellations are being made to ease operations, decongest the airports to prepare for starting stronger tomorrow," the airline said in a post on X. Hundreds of flights have been cancelled and delayed, leaving passengers stranded at airports as the flight disruptions continued f ...Read More >
NEW DELHI: India's aviation watchdog has rolled back its new policy of weekly rest for pilots, reports said Friday (Dec 5), after chaos caused by hundreds of flight cancellations by the country's biggest airline, IndiGo. Airports across India have been in disarray since Monday, with the private carrier blaming the disruption on "unforeseen operational challenges". On Thursday, IndiGo admitted to aviation regulators that "misjudgment and planning gaps" in adapting to new rules led to the operat ...Read More >
New Delhi [India], December 5 (ANI): Russian President Vladimir Putin on Friday said that his State visit to India and the agreements signed during bilateral talks with Prime Minister Narendra Modi will further strengthen and deepen the Russia-India strategic partnership, as both sides reviewed their cooperation across a wide spectrum of sectors. President Putin, during a joint press address at Hyderabad House, said the two leaders had developed a close working dialogue. He recalled his meeting ...Read More >
Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Friday termed the state government's policy to provide 1 per cent reservation for orphans in education and jobs as "historic", describing it as a major step towards social justice and equality of opportunity. Marking the first anniversary of assuming office, Fadnavis interacted with beneficiaries of the policy, which he had introduced during his earlier term as chief minister in 2018, and said it was rooted in Dr B R Ambedkar's principle o ...Read More >
Mumbai, Dec 5 (PTI) Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a "goldilocks" economy in the face of high US tariffs. Rising for the second day in a row, the 30-share BSE Sensex advanced 447.05 points, or 0.52 per cent, to settle at 85,712.37. During the day, it jumped 531.4 points, or 0.62 per cent, to 85,796.72. The 50-shar ...Read More >
Russia-Ukraine War: Prime Minister Narendra Modi, addressing a joint press conference with Russian President Vladimir Putin on Friday, India has always been ready to contribute its part to bring peace to Ukraine and will remain so in the future. India strongly backed the efforts to end the war in Ukraine, saying India will stand shoulder-to-shoulder in all peace efforts to find an amicable solution to the conflict, he asserted. "Thank you very much for the invitation and for yesterday's very go ...Read More >
Besides, The Central Excise (Amendment) Bill, 2025, and 'The Health Security se National Security Cess Bill, 2025' are listed for introduction by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday. The government has listed nine economic bills, including a bill to amend Insurance Laws and two others to levy tax and cess on sin goods like tobacco and pan masala, for the Winter Session of Parliament beginning Monday. Also, the first batch of Supplementary Demands for Grants for 2025- ...Read More >
XLRI launches an Executive Diploma in Advanced Business Strategies with Simplilearn, targeting CXOs transitioning to strategic leadership roles. The 12-month hybrid program includes online classes and on-campus immersion, focusing on cross-functional expertise, strategic management, and innovation. It addresses growing demand for leaders adept at connecting corporate strategy with digital innovation. XLRI, in collaboration with Simplilearn, has announced the launch of an Executive Diploma in Ad ...Read More >
The inaugural session of the 18th Bihar Legislative Assembly got underway on Monday with the newly-elected members taking the oath of office. Pro-tem speaker Narendra Narayan Yadav administered the procedure allowing the members of recite oath in five languages -- Hindi, English, Urdu, Sanskrit or Maithili. Ministers in the Nitish cabinet were the first to take oath, with deputy chief minister Samrat Choudhary, elected from Tarapur assembly seat, coming to the dais first. He was followed by ano ...Read More >
Equity benchmark indices Sensex and Nifty hit their fresh all-time highs in early trade on Monday as investors' sentiment turned positive after India's economy grew at a higher-than-expected 8.2 per cent in July-September - the fastest pace in six quarters. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex jumped 452.35 points to 86,159.02 -- its record peak. The 50-share NSE Nifty climbed 122.85 points to hit a lifetime high of 26,325.80. From the Sensex firms, Adani Ports, Bhara ...Read More >
The report highlighted LIC's May 2025 investment of USD 570 million (around Rs 5,000 crore) in Adani Ports & SEZ (APSEZ). Finance Minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India's largest insurer has, over the years, made investment decisions across ...Read More >
"There were no effects on movements of flights, on other runway ends having conventional navigational aids being operational," the government said. The Centre on Monday confirmed that some flights experienced GPS spoofing near the Indira Gandhi International airport in New Delhi while approaching runway no. 10. In a reply in the Lok Sabha, Union minister Ram Mohan Naidu said that the incident did no effect the movements of the flights. "Some flights reported GPS spoofing in the vicinity of IG ...Read More >
A BJP delegation, led by Leader of Opposition Suvendu Adhikari, visited the office of the West Bengal Chief Electoral Officer (CEO) in Kolkata on Monday (December 1, 2025), triggering loud protests by members of a Booth Level Officer (BLO) forum, who have been demonstrating there over alleged excessive workload during the ongoing Special Intensive Revision (SIR) exercise, a senior officer said. As Mr. Adhikari, accompanied by several BJP MLAs, arrived at the CEO's office to meet officials, prot ...Read More >
Shivamogga: Union minister for heavy industries and steel, HD Kumaraswamy, who on Sunday participated in the state-level Bhagavad Gita Abhiyana 2025 Maha-Samarapana at Freedom Park (Allama Maidan) in Shivamogga, said he will discuss with the central education minister about introducing Bhagavad Gita as a part of the curriculum in schools, colleges, and universities."Not just in schools and colleges, Bhagavad Gita should be taught at all levels of education. I will bring this to the notice of the ...Read More >
The Lok Sabha faced multiple adjournments on the first day of the winter session due to persistent opposition sloganeering. Despite attempts to introduce crucial bills, proceedings lasted barely 50 minutes. Finance Minister Sitharaman tabled the Manipur GST Amendment Bill amidst calls for order and decorum within the house. The Lok Sabha's winter session commenced with turbulence as the opposition's endless sloganeering led to multiple adjournments on the first day. Proceedings lasted a mere 50 ...Read More >
Taking a swipe at the Opposition ahead of the Winter Session of Parliament, Prime Minister Narendra Modi said some parties cannot digest the defeat in the Bihar polls, and hoped that Parliament would not become the site of a "meltdown". In what could count among his most scathing addresses before a Parliament session, the Prime Minister said he was ready to give tips to the Opposition on how to perform, but they must not disrupt the functioning of the two Houses during the Winter Session. The b ...Read More >
According to the IMD, the minimum temperatures through the season are expected to stay normal to below normal over most of central India, the adjoining peninsular region and large parts of northwest India. Representative Image Don't want to miss the best from Business Standard? Large parts of north and central India are bracing for a harsher-than-usual winter, with the India Meteorological Department (IMD) on Monday warning of "normal to below-normal minimum temperatures" across these regions ...Read More >
Demands death sentence for accused who denounced the relationship due to 'caste differences' A day after a 20-year-old man in Nanded district was allegedly murdered by the relatives of a 19-year-old woman, with whom he was in a relationship, the woman "symbolically married" his body before his funeral, and said she would stay at his house henceforth. Police have arrested five persons, including the woman's parents and her brother, in connection with the murder of Saksham Gautam Tate, who was a ...Read More >
It asked the Department of Telecom to ensure that telecom service providers do not provide multiple SIM cards to one user or entity, which may be used in cyber crimes. New Delhi: The Supreme Court on Monday asked the CBI to carry out a unified pan-India probe into digital arrest scam cases and asked the RBI as to why it was not using Artificial Intelligence to find out and freeze bank accounts used by cyber criminals. Digital arrest is a growing form of cyber crime in which fraudsters pose as ...Read More >
SRINAGAR: Against the backdrop of launch pads of several terrorists being active across the Line of Control (LoC), the border guards have deployed advanced surveillance equipment and upped the vigil to foil infiltration attempts from across the border, a senior BSF officer said on Sunday. IG BSF Kashmir Frontier Ashok Yadav told reporters that during Operation Sindoor in May, the BSF and Army destroyed many launch pads and forward locations of Pakistan at the Line of Control (LoC). On May 7, t ...Read More >
Justice Neena Bansal Krishna noted that according to the report of Tihar Jail, apparently Malik does not seem to be suffering from any life-threatening ailment, and said in case the medical treatment as per his condition is not available in the prison, it be provided to him in the hospitals where such a facility is available. "The petitioner in support of his petition has annexed medical documents of 2017. Apparently from the report received from Tihar Jail, it does not seem that he is sufferin ...Read More >
In her Instagram story, Mira posted a close-up of the elegant invitation card, which read: "We celebrate the beginning of their new life. Request the honour of your presence at the wedding reception of their dearest Mira & Shahid." The minimalist yet stylish card also acknowledged their parents: Bela and Vikramaditya Rajput, Neelima Azeem, Pankaj Kapoor, and Supriya Pathak. It included key details of the event: Date: Tuesday, July 7, 2015; Time: 7 to 10 PM; Venue: Grand Ballroom, The Oberoi, Gur ...Read More >
VMPLMumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are li ...Read More >
Mahindra & Mahindra on Monday said its total sales increased 19 per cent year-on-year to 92,670 units in November. In the passenger vehicle segment, the company sold 56,336 vehicles in the domestic market, a growth of 22 per cent over 46,222 units in the year-ago period, Mahindra & Mahindra (M&M) said in a statement. The domestic sales for commercial vehicles stood at 24,843, a growth of 17 per cent year-on-year, it added. Mahindra & Mahindra's Farm Equipment Business reported sales of 42,273 t ...Read More >
The Court demanded a tangible, implementable response to the deteriorating air quality. New Delhi: The Supreme Court on Monday told the Commission for Air Quality Management (CAQM) and state authorities in the National Capital Region (NCR) to come up with a clear, time-bound, and "actionable" strategy to address Delhi's recurring air pollution crisis. Heading the Bench, Chief Justice of India Surya Kant said the Court could "not sit idle" while severe pollution continued to affect millions. H ...Read More >
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