New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state...Read More
Mumbai, Aug 14 (PTI) In a veiled attack on the ruling BJP, Shiv Sena (UBT) chief Uddhav Thackeray has claimed efforts are being made to diminish the importance of Mumbai and Maharashtra. He also urged the Supreme Court to hear his party's plea against the Maharashtra assembly speaker's decision to allot the 'bow and arrow' symbol to the ruling Shiv Sena, and claimed democracy would die if justice is not delivered. Speaking on Wednesday at the 65th foundation day of 'Marmik', a magazine started...Read More
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an...Read More
New Delhi, Aug 13 (PTI) Delhi-based Indira Gandhi National Centre for the Arts (IGNCA) and Birbal Sahni Institute of Palaeosciences (BSIP) in Lucknow have joined hands to preserve, interpret and present India's heritage through innovative programmes, fostering awareness nationally and globally, officials said on Wednesday. The Memorandum of Understanding (MoU) has been signed between IGNCA and BSIP. It represents the first initiative in India to integrate science and culture on a unified platf...Read More
New Delhi, Aug 13 (PTI) The Centre on Wednesday asked industries to follow ethical practices in labelling and advertisements of food products to ensure public health and protect consumer interest. The concern was raised at a National Stakeholder Consultation on the subject, 'Comprehensive Analysis of Regulatory Framework on Food Labelling, Advertisement and Claims,' the Health Ministry said in a statement. The consultation was organised by the Food Safety and Standards Authority of India (FSSA...Read More
Jammu, Aug 13 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Wednesday felicitated organisations that ran community kitchens during the Amarnath Yatra and said the successful conduct of the pilgrimage has shown that "we are second to none in the world". The 38-day-long annual pilgrimage, which started on July 3, recorded 4.14 lakh devotees paying obeisance at the shrine of Lord Shiva in the South Kashmir Himalayas. At a felicitation ceremony held at the Spiritual Growth Centre in K...Read More
New Delhi, Aug 13 (PTI) India's solar module manufacturing capacity has hit the 100 GW mark from just 2.3 GW in 2014, Union Minister Pralhad Joshi said on Wednesday. The progress brings India close to its vision of having 500 GW of non-fossil fuel-based capacity by 2030, the Minister for New and Renewable Energy (MNRE) said in a post on X. "India has achieved a historic milestone -- 100 GW solar PV module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM), a rema...Read More
Pune, Aug 13 (PTI) Satyaki Savarkar, the complainant in a defamation case against Rahul Gandhi over his alleged comments against Vinayak Damodar Savarkar, has filed an application before the court seeking to prosecute the Congress leader for 'perjury' or lying under oath. The plea, filed before the special court for MPs and MLAs, accused Gandhi of making "false and misleading statements" regarding the receipt of a video clip which, Satyaki claimed, contained defamatory remarks made by Gandhi ab...Read More
Lucknow, Aug 13 (PTI) Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya on Wednesday said the Samajwadi Party (SP) never cared for Dalits and the backward classes when it was in power. Speaking in a 24-hour discussion in the Assembly on 'Viksit Bharat-Viksit Uttar Pradesh, Atmanirbhar Bharat-Atmanirbhar Uttar Pradesh,' Maurya also accused the SP of lacking a comprehensive vision for inclusive development. "From 2012 to 2017, when I was also a member of this House, SP never remembered Da...Read More
New Delhi: A parliamentary committee has expressed serious concern over China's expanding naval presence and strategic infrastructure in the Indian Ocean Region (IOR). The committee on external affairs, headed by Congress leader Shashi Tharoor, was of the view that the expanding Chinese presence in the IOR highlighted the risks it poses to India's national security and regional influence. The panel called for strengthening the maritime strategy to counter the Chinese expansion and Influence in...Read More
Chennai, Aug 12 (PTI) Private sector Karur Vysya Bank has strengthened its footprint with the inauguration of three new branches in Maharashtra, Andhra Pradesh and Tamil Nadu. The Karur-based bank has opened a new branch in KK Nagar, Udayanpatti, Tiruchirappalli in Tamil Nadu, Thane in Maharashtra, and Kurnool in Andhra Pradesh, the bank's Managing Director and CEO Ramesh Babu said. The new branches, which were inaugurated on Monday, would offer a comprehensive range of banking services includ...Read More
New Delhi, Aug 12 (PTI) Drug firm Lupin on Tuesday said it has partnered with Switzerland-based Sandoz Group AG to commercialise its biosimilar ranibizumab across multiple regions. Under the terms of the agreement, Sandoz will oversee commercialisation of the product across the European Union (excluding Germany), Switzerland, Norway, Australia, Hong Kong, Vietnam, and Malaysia, the Mumbai-based drug maker said in a statement. Lupin will be responsible for manufacturing the product and for regu...Read More
New Delhi, Aug 12 (PTI) Sterlite Electric Ltd on Tuesday said it has secured orders worth Rs 1,500 crore in the April-June quarter of this financial year, mainly driven by green energy projects and exports. This strong start to the fiscal year reflects sustained demand for the company's advanced conductors, power cables, and Optical Ground Wire (OPGW) products across both domestic and international markets, a company statement said. According to the statement, Sterlite Electric Ltd (formerly k...Read More
Kolkata, Aug 12 (PTI) Trinamool Congress MP Abhishek Banerjee on Tuesday said that Prime Minister Narendra Modi and his cabinet should resign and the Lok Sabha be dissolved if the Election Commission says there are discrepancies in the electoral rolls. Banerjee, who is the national general secretary of TMC and considered the number two in the Mamata Banerjee-led party, said that the "EC cannot selectively say" that the voter list is fine in some states such as Gujarat, Uttar Pradesh, Madhya Pra...Read More
Chandigarh, Aug 12 (PTI) Punjab Police on Tuesday claimed to have busted a Pakistan's Inter-Services Intelligence (ISI)-backed Babbar Khalsa International terror network with the arrest of five persons from Rajasthan. One of the arrested accused was injured in an exchange of fire with police while being taken for recovery, police said. Director General of Police (DGP) Gaurav Yadav said the terror module recently planned to attack a liquor store in SBS Nagar and was further tasked with carrying...Read More
New Delhi, Aug 12 (PTI) Lok Sabha Speaker Om Birla on Tuesday admitted a notice for the removal of High Court judge Justice Yashwant Varma and constituted a three-member committee to probe charges against him. Making the announcement in the Lok Sabha, Birla said the process of removal of Justice Varma should begin as the charges against him were serious in nature. The speaker set up a three-member committee comprising Supreme Court judge Justice Aravind Kumar, Madras High Court Chief Justice M...Read More
New Delhi, Aug 12 (PTI) Lok Sabha proceedings were adjourned till 3 pm on Tuesday amid protests by the Opposition over the Election Commission's voter roll revision exercise in Bihar. When the Lok Sabha met again at 12 noon after a brief adjournment, Speaker Om Birla announced a three-member panel to probe allegations against High Court judge Justice Yashwant Varma and the House was in order at that time. But soon after the announcement was made, the Opposition members began sloganeering over ...Read More
Dergaon (Assam), Aug 12 (PTI) A total of 700 recruits of the Goa Police completed their basic training at the Lachit Barphukan Police Academy (LBPA) in Assam's Golaghat district on Tuesday, as chief ministers of both the states called for increased cooperation between the people. After Manipur, Goa is the second state to have sent its personnel for training at this premier academy here. Assam Chief Minister Himanta Biswa Sarma and his Goa counterpart Pramod Sawant attended the passing out para...Read More
Kendrapara (Odisha), Aug 12 (PTI) A 15-year-old girl was allegedly raped by five people, including one of her close relatives, at a village in Odisha's Kendrapara district, police said on Tuesday. All five accused have been detained and are being interrogated, an officer said. The 10th standard student lodged a complaint with the Rajnagar Police Station on Monday, alleging that a relative of the minor had visited her residence on Raksha Bandhan on August 9, and taken her to a deserted place wh...Read More
New Delhi, Aug 12 (PTI) The Supreme Court on Tuesday expressed concern over prisoners languishing in jail even after completing their sentence and directed all states and union territories to immediately release any such convict if he or she is not wanted in any other case. A bench of Justices B V Nagarathna and K V Viswanathan passed the direction while ordering the release of Sukhdev Yadav alias Pehalwan in the 2002 Nitish Katara murder case. It noted that Yadav completed his sentence of 20 y...Read More
New Delhi, Aug 8 (PTI) Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 crore in the year-ago period, according to a regulatory filing. The company's revenue from operations rose slightly to Rs 84.11 crore in Q1 FY26, from Rs 8...Read More
New Delhi, Aug 8 (PTI) BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd -- the two subsidiaries of Reliance Infrastructure, will recover power dues worth Rs 28,483 crore following a Supreme Court ruling. As on July 31, 2025, the total dues of BSES Yamuna Power Ltd and BSES Rajdhani Power amounts to Rs 28,483 crore, according to Reliance Infrastructure. The two power distribution companies (discoms), in which Reliance Infrastructure (RInfra) holds 51 per cent, supply electricity to 5.3 million...Read More
New Delhi, Aug 8 (PTI) Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) -- to compensate for losses incurred from selling LPG at below cost over the past 15 months. The compensation to oil marketing companies (OMCs) will be paid in 12 tranches, as per an official statement. The international prices of LPG were at high levels during 2024-25 and continue to remain high. Howev...Read More
Imphal, Aug 8 (PTI) Manipur Congress president Keisham Meghachandra on Friday said the Goods and Services Tax (GST) regime poses significant challenges for the state as its economic and infrastructural conditions differ vastly from the rest of the country. In a post on X, Keisham said, "GST -- A One-Nation Tax That Overlooks Manipur's Unique Realities. Manipur is likely to face grave difficulties following the passage of the amendment to the State GST in Parliament yesterday." "The GST regime h...Read More
Thiruvananthapuram, Aug 8 (PTI) Kerala Chief Minister Pinarayi Vijayan has written to Union Defence Minister Rajnath Singh to retain the BrahMos manufacturing facility in the southern state. A statement issued by the CM's office on Friday said that Vijayan has asked the Centre to retain the BrahMos facility in the state capital and not to separate BrahMos Aerospace Thiruvananthapuram Limited (BATL) from its parent company BrahMos Aerospace Private Limited. In his letter, the CM has expressed c...Read More
Chennai, Aug 8 (PTI) Senior Indian off-spinner R Ashwin is in discussions with the Chennai Super Kings about his future in the IPL franchise amid speculation that he might seek his release from the team. With over two months still left before the deadline for retentions, Ashwin, it is reliably learnt, has had conversations with the CSK brass about his role going forward. "It is early stages to decide on any player's future. The cut off date for retention is yet to be announced. So we have time...Read More
Sitamarhi (Bihar), Aug 8 (PTI) Union Home Minister Amit Shah on Friday slammed opposition parties for objecting to the special intensive revision of the electoral rolls in Bihar, asserting that infiltrators have "no right to vote". He also alleged that Congress leader Rahul Gandhi was "indulging in politics over the SIR exercise" in the state. Addressing a public meeting at Punauradham in Sitamarhi district, Shah said, "Names of infiltrators must be removed from the voters' lists. They have no...Read More
New Delhi, Aug 8 (PTI) The Supreme Court on Friday refused to gag media from reporting on the Dharmasthala mass burial case in Karnataka. A bench of Justices Rajesh Bindal and Manmohan, however, directed a trial court in Karnataka to decide afresh the plea filed by the secretary of the Dharmasthala Temple seeking removal of what he alleged was defamatory content targeting the family managing the temple. The top court noted gag orders were passed only in extremely rare cases and asked the petit...Read More
New Delhi, Aug 8 (PTI) Union Cabinet on Friday approved a subsidy of Rs 12,000 crore under the Pradhan Mantri Ujjwala Yojana (PMUY) for 2025-26, benefitting 10.33 crore households. PMUY was launched in May 2016, to provide free LPG connection to adult women from poor households across the country. As on July 1, there are about 10.33 crore PMUY connections in India. "The Union Cabinet chaired by the Prime Minister Narendra Modi, has approved the targeted subsidy of Rs 300 per 14.2 kg cylinder f...Read More
New Delhi, Aug 8 (PTI) The Delhi Police has arrested five members of a notorious cyber fraud gang operating out of Rajasthan for allegedly duping people through fake investment tasks on social media and routing the money to Chinese fraudsters using cryptocurrency, an official said on Friday. The accused have been identified as Ravindra Vishnoi (28), Mahipal (27), Mohd Yaseen, Rohit Nimbawat alias Ronny (24) and Yash Vaishnav (23), police said. A money trail of over Rs 42 lakh was traced during ...Read More