New Delhi [India], June 7 (ANI): Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI). The report highlighted that the immediate impact will be seen on loans linked to the external benchmark lending rate (EBLR), which make up about 60 per cent of the loan book of All Scheduled Commercial Banks (ASCBs). Also Read | Bank Holiday Today? Are Banks Open or Closed on Saturday, June 07, 2025, fo...Read More
Hyderabad: Thanking the government for declaring two Dearness Allowances (DAs), Telangana Employees JAC Chairman V Lachi Reddy on Friday stated that the 'people's government' in the state stands by the employees. The JAC Chairman added that the government was committed to the development and welfare of employees, noting that long-pending problems were being resolved in a phased manner. He expressed happiness over the decisions taken by the state cabinet on Thursday regarding employees, thanking ...Read More
New Delhi | June 7, 2025: Home loan borrowers have reason to rejoice. Following the Reserve Bank of India's (RBI) decision to cut the repo rate by 50 basis points -- from 6% to 5.5%, home loan EMIs are expected to drop significantly. Also Read: RBI Slashes Repo Rate by 50 bps to 5.5%: EMIs Set to Drop, Real Estate Gets a Boost For instance, a borrower with a ₹50 lakh home loan over 20 years at an interest rate of 8.5% currently pays an EMI of around ₹43,391. With a 50-basis-point drop in inter...Read More
Vijayawada: Chief Minister N Chandrababu Naidu on Friday unveiled an ambitious vision to transform Visakhapatnam into a new Mumbai over the next seven years. He directed officials to develop the 'Visakha Economic Region' as AP's primary growth engine, aiming for a staggering $120 billion economy from this region by 2032. The proposed economic region encompasses eight districts, including Visakhapatnam, Vizianagaram, Srikakulam, Anakapalli, Kakinada, East Godavari, Alluri Sitharama Raju (ASR), a...Read More
NEW DELHI: The 11th BRICS Parliamentary Forum in Brasília endorsed India's call for a unified, zero-tolerance approach to terrorism. In a joint declaration, all 10 member nations unequivocally condemned the terrorist attack in Pahalgam, and pledged coordinated action to combat terror in all its forms. Leading the Indian delegation, Lok Sabha Speaker Om Birla called for urgent collective efforts to choke terror financing, strengthen intelligence-sharing, curb the misuse of emerging technologies,...Read More
Mumbai: Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points on Friday, and unexpectedly reduced the cash reserve ratio (CRR) for banks to make available more money to lend in a bid to boost the economy. The RBI's six-member monetary policy committee, headed by governor Sanjay Malhotra and consisting of three external members, voted five to one to lower the benchmark repurchase or repo rate by 50 basis...Read More
NEW DELHI: The Indian Navy will commission the first of the 16 Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), INS Arnala, at the Naval Dockyard, Visakhapatnam, on June 18. Eight more ASW-SWC warships are being constructed by Cochin Shipyard Limited, Kochi. The indigenous defence manufacturing augments the anti-submarine warfare capabilities of the navy. The contract for the 16 craft was signed in April 2019. The Indian Navy on Friday said, "The event marks the formal induction of the fi...Read More
Warangal/Karimnagar: Muted salary growth, rising aspirations, higher costs, and financial mismanagement have become a deadly cocktail for the middle class people, especially salaried class, which is getting them sucked into a vortex of indebtedness. According to RBI, nearly a third of credit card users across India have either defaulted or made delayed payments in 2024. The surge in indebtedness is primarily driven by people's indiscriminate use of credit cards, which banks had issued easily to...Read More
Hyderabad: As Bakrid is set to be celebrated on Saturday, the city was seen bustling with activity on Friday as Hyderabadis prepared to celebrate the Eid. To ensure smooth conduct of the festival, the Hyderabad police have beefed up security and urged the people to follow the guidelines issued by the government. The traders have set up stalls on roadside in Falaknuma, Chandrayanagutta, Barkas, Malakpet, Chanchalguda, Engine Bowli, Kalapatthar, Bahadurpura, Kishan Bagh, Asif Nagar, Mehdipatnam, ...Read More
BENGALURU: Coming from Yedugundlapadu, a small village in Andhra Pradesh, where she was the first engineer ever, Professor Madhavi Latha is now among the technical minds behind the Chenab Rail Bridge -- the world's tallest railway bridge -- inaugurated by Prime Minister Narendra Modi on Friday. Madhavi, who hails from a family of farmers, completed her entire schooling in government school. The youngest of four siblings, she had initially dreamt of becoming a doctor. But with limited resources,...Read More
BENGALURU, India -- An innovative portable shelter recently exhibited in one of India's largest cities shows how smart, cheap ways to help workers escape the heat are gaining traction in a country that's particularly vulnerable to climate change-driven extreme temperatures. The Neralu shelter, winner of a design contest in the southern city of Bengaluru, was displayed at the Sweat and Concrete 2025 event in late May alongside a theatrical performance about heat impacts on outdoor workers and ex...Read More
CHENNAI: Actor-turned-politician Kamal Haasan has declared assets worth Rs 305.55 crore (Rs 245.86 crore worth of movable assets and Rs 59.69 crore in immovable assets) in his nomination papers filed for the Rajya Sabha polls on Friday. His overall liability, however, has remained the same at Rs 49 crore over the last four years. Kamal's income as per his tax returns for 2023-2024 was Rs 78.9 crore, up from Rs 22.1 crore in 2019-2020. Value of his movable assets has gone up to Rs 59.69 crore, a...Read More
JAMMU, June 6: On the occasion of World Environment Day, Reliance Industries Limited's sustainable brand R|Elan today unveiled the seventh edition of its iconic Earth Tee. Designed by acclaimed fashion designer Namrata Joshipura, Earth Tee 7.0 is not just apparel - it's a statement of purpose, powered by cutting-edge sustainability and environmental action. This year's Earth Tee is crafted from R|Elan® GreenGold™ fabric, created entirely by recycling PET bottles collected at Lakmé Fashion Week...Read More
BENGALURU, India (AP) -- An innovative portable shelter recently exhibited in one of India's largest cities shows how smart, cheap ways to help workers escape the heat are gaining traction in a country that's particularly vulnerable to climate change-driven extreme temperatures. The Neralu shelter, winner of a design contest in the southern city of Bengaluru, was displayed at the Sweat and Concrete 2025 event in late May alongside a theatrical performance about heat impacts on outdoor workers a...Read More
New Delhi [India], June 7 (ANI): After inaugurating much-awaited and world's highest railway arch bridge over the river Chenab during his day-long visit to Jammu and Kashmir on Friday, Prime Minister Narendra Modi said that today's development works will enhance the development journey of Jammu and Kashmir. https://x.com/narendramodi/status/1931013854139470044 In a post on social media platform, X, PM Modi said, ' A journey to remember and a big boost to connectivity! Travelled from the Chenab...Read More
New Delhi [India] June 7 (ANI): In a landmark achievement for India's infrastructure and connectivity, Prime Minister Narendra Modi inaugurated the Katra-Srinagar railway line, including the iconic Chenab rail bridge. This fulfilled a long-cherished dream of Kashmir's integration with the nation. Railway Minister Ashwini Vaishnaw said the railway line bridge will be a 'huge blessing' for Kashmir. 'The decades-old dream of Kashmir has been fulfilled today. PM Modi inaugurated the Katra-Srinagar ...Read More
Surat (Gujarat) [India], June 7 (ANI): Gujarat police carried out intensive foot patrolling across key areas on Friday evening to ensure peace and public safety ahead of Eid-al-Adha celebrations. The security arrangements come as part of a larger preparedness drive aimed at maintaining communal harmony during the festival. Police personnel were seen carrying out foot patrols on Friday ahead of the festival celebrations. Also Read | Indus Waters Treaty Suspension: Desperate Pakistan Wrote 4 Let...Read More
New Delhi [India], June 7 (ANI): Delhi police have lodged an FIR against anti-social elements involved in spreading misinformation about the demolition drive on the basis of a complaint filed by the Delhi Urban Shelter Improvement Board (DUSIB), a release said. Chief Minister Rekha Gupta had earlier issued an order to take strict legal action against those spreading misinformation about the demolition drive. Also Read | Indus Waters Treaty Suspension: Desperate Pakistan Wrote 4 Letters to Indi...Read More
Ranchi: Chief minister Hemant Soren inaugurated the 2.34 km Siromtoli Flyover cum elevated four-lane project, which connects Mecon roundabout to Siramtoli Chowk via Rajendra Chowk, on Thursday. At the event, Hemant also announced that the new flyover will be named after Kartik Oraon, a former Congress politician and a freedom fighter. "This flyover stands as a symbol of progress and dedication. We always aimed to ensure that development does not come at the cost of hurting anyone's sentiments. T...Read More
Chandigarh: Power Grid Corporation of India Limited (POWERGRID) has partnered with Punjab Engineering College (deemed to be university), Chandigarh, to set up a state-of-the-art POWERGRID Centre of Excellence at PEC. The centre will offer advanced training and research facilities in power and energy engineering, strengthening hands-on learning and industry-relevant skills for students and faculty.The MoU was signed Friday by POWERGRID ED Tarun Bajaj and PEC director Rajesh Kumar Bhatia in a cere...Read More
JAMMU, June 6: For establishing "POWERGRID Centre of Excellence" at PEC, Chandigarh under CSR, Power Grid Corporation of India Limited (POWERGRID) today signed an MoU with Punjab Engineering College (PEC), Chandigarh, a deemed university. The MoU was signed, in an high profile event, by Tarun Bajaj, executive director (Northern Region-II) on behalf of POWERGRID and Prof Rajesh K Bhatia, director (ad-interim) on behalf of PEC in the presence of Rajeev Verma, chief secretary, Chandigarh -UT, R K ...Read More
Kolkata: Property developers in Kolkata anticipate increased sales of affordable housing units, priced around Rs 50 lakh, following the cumulative 1% reduction in repo rate since Feb. Kolkata's affordable housing sector, traditionally robust in this cost-conscious market, experienced notable variations in recent years due to increasing interest rates and economic constraints."We expect the affordable home market to revive following the RBI's rate cut, which should lead to a 1% reduction in home ...Read More
CHENNAI: After years of bureaucratic apathy and infrastructure hurdles had stalled the completion of the 700-metre-long flyover in the Oragadam-Sipcot industrial area, the Padappai flyover was inaugurated for the public on Friday. Motorists on the Vandalur-Walajabad Road have been waiting for the flyover for the last five years as the construction work had been pending for a long time. The 34-km-long Vandalur-Walajabad Road is famous for the industrial corridor, educational institutions, and p...Read More
PUNE, June 6: Applying for a gold loan in India has become one of the fastest and most convenient ways to access funds. Many people turn to gold loans for quick financial support without having to sell their precious gold jewellery. Bajaj Finance offers a reliable and secure option through its trusted service - Bajaj Finserv Gold Loan. The process is simple, documents are minimal, and the interest rates are competitive. Before applying, it is important to understand how gold loans work, what do...Read More
Pune: Teachers' associations have opposed a govt resolution on appointing teachers for sports and arts on a clock-hour basis for classes VI to VIII in schools run by local bodies. Mahendra Ganpule, the spokesperson of Maharashtra School Principals' Federation, said the remuneration of Rs 150 per hour is too low for a teaching job, and all appointments must be made on a regular basis to ensure quality and continuity in govt schools."This policy is unfair for unemployed, qualified, and trained tea...Read More
Delhi is undergoing a significant infrastructure overhaul, with ongoing NHAI projects valued at Rs 35,000 crore and completed projects worth Rs 64,000 crore. Chief Minister Rekha Gupta expressed gratitude to the Central Government for its support in these endeavors.Delhi Chief Minister Rekha Gupta on Wednesday said that major projects worth Rs 35,000 crore under NHAI are currently being built in the national capital, while earlier projects worth Rs 64,000 crore have been completed. More projects...Read More
Delhi Assembly Speaker Vijender Gupta has announced plans to amend the Assembly's Rules of Procedure to reflect values of "inclusivity, clarity, and equality", reported The Hindu. Speaking at a recent press conference, Gupta cited the consistent use of male pronouns in the existing rule book as an outdated practice. "The process has already started. On June 5, the Rules Committee of the Assembly will meet to discuss and review the changes," he said. He confirmed that gender-neutral terms like ...Read More
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related proble...Read More
SRINAGAR - Prime Minister Narendra Modi made his first visit to Kashmir on June 6 since a conflict with arch-rival Pakistan, opening a strategic railway line to the contested region he called "the crown jewel of India". Mr Modi launched a string of projects worth billions of dollars for the divided Muslim-majority territory, the centre of bitter rivalry between India and Pakistan since their independence from British rule in 1947. Nuclear-armed India and Pakistan fought a four-day conflict in ...Read More
Delhi's Indira Gandhi International (IGI) airport will cancel 114 flights daily and reschedule another 86 during a three-month runway closure from June 15 to September 15, airport operator Delhi International Airport Limited (DIAL) announced on Friday. The plan, developed after detailed deliberations with airlines and other stakeholders, aims to prevent a repeat of the widespread chaos that erupted in April when the same runway maintenance work was attempted without adequate coordination. Also...Read More