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Hyderabad, Aug 1 (SocialNews.XYZ) Telangana's Deputy Chief Minister Mallu Bhatti Vikramarka, along with three state ministers, on Friday inaugurated the 800 MW Unit 1 of the Yadadri Thermal Power Station. With this, two units of the 4,000 MW (5x800 MW) power plant have been commissioned. The Deputy Chief Minister, who is also the Energy Minister, along with ministers N. Uttam Kumar Reddy, Komatireddy Venkat Reddy, and Adluri Lakshman, inaugurated the unit near Damaracherla in Nalgonda district ...Read More >
New Delhi, Aug 1 (SocialNews.XYZ) Ordering to stop slum demolitions without rehabilitation, Delhi Chief Minister Rekha Gupta on Friday stated that no poor person will be rendered homeless as the government plans to renovate 50,000 unoccupied flats and allot them to eligible slum dwellers. "Our government's priority is to ensure that every eligible family gets a secure roof over their head and an opportunity to be rehabilitated within their own area. This is not just about providing housing; it ...Read More >
Chief Minister Siddaramiah, Deputy CM D K Shivakumar and several ministers of the state government were present at the event. Congress President Mallikarjun Kharge on Saturday accused Prime Minister Narendra Modi of "murdering" the Constitution, asserting that people of the country would not allow the BJP and RSS to alter it. He was addressing a mega convention organised by the Karnataka government, where development works worth over Rs 2,500 crore for Mysuru were inaugurated and foundation st ...Read More >
New Delhi [India], July 19 (ANI): The Chief Minister of Uttar Pradesh, Yogi Adityanath, met Prime Minister Narendra Modi and Union Home Minister Amit Shah in New Delhi on Saturday. The Prime Minister Office (PMO) handle posted on X, Chief Minister of Uttar Pradesh, Shri @myogiadityanath, met Prime Minister @narendramodi. Sharing an X post about the meeting, CM Yogi wrote, I had the honour of meeting the world most popular leader, the respected Prime Minister Shri @narendramodi ji, in New Delhi ...Read More >
Mysuru (Karnataka) [India], July 19 (ANI): Congress President Mallikarjun Kharge on Saturday accused the BJP and the RSS of wanting to rewrite the Constitution. He, however, said that no matter how hard they try, the Constitution cannot be destroyed. Kharge also slammed the Centre for selling off public sector enterprises. The BJP is selling off Nehru-era public sector enterprises--factories that employed lakhs of workers--to Adani and Ambani. Now, the RSS and BJP even talk of rewriting the Co ...Read More >
Hyderabad: Actor Vijay Deverakonda is all set to return to the silver screen in a never-seen-before avatar with Kingdom, an action drama film that focuses on the themes of betrayal, vengeance, and redemption. The upcoming film is scheduled to release across India on July 31, and its Hindi version has officially been titled Saamrajya. Directed by Gowtam Tinnanuri, best known for the National Award-winning Jersey, Kingdom/Saamrajya features Deverakonda in a rugged and physically intense role. The ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Central Bank of India on Saturday reported a 33 per cent year-on-year (YoY) growth in net profit, reaching Rs 1,169 crore for the first quarter of FY26, the bank said in an exchange filing on Saturday. In the same period last year (Q1 FY25), the public sector lender had posted a net profit of Rs 880 crore. Total income in the quarter ended on June 30 rose to Rs 10,374 crore, up from Rs 9,500 crore in Q1 FY25. Of this, interest income improved to Rs 8,589 crore, ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in ...Read More >
CHENNAI: Public sector Indian Overseas Bank (IOB) on Friday reported a 75.6% rise in net profit in the quarter ended June 30, 2025 at Rs 1,111 crore against Rs 633 crore during the corresponding quarter last year. It was on the back of growth in interest income YoY by 13% at Rs 7,386 crore in Q1 FY26 and other income. The Chennai-headquartered bank will raise Rs 4,000 crore likely by Q3 of the current fiscal. It has also received approval from its board for raising Rs 10,000 crore through infras ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
New Delhi, Jul 18 (PTI) Firstsource Solutions on Friday announced it will acquire Pastdue Credit Solutions, a debt-collection business serving several of the UK's banks, utility firms, telecom companies, and government bodies. The acquisition is subject to Financial Conduct Authority (FCA) approval, said Firstsource Solutions, a provider of domain-led Business Process Services (BPS). Also Read | Ladki Bahin Yojana July 2025 Installment Date: When Will Maharashtra Women Beneficiaries Receive 13 ...Read More >
New Delhi, Jul 18 (PTI) Firstsource Solutions on Friday announced it will acquire Pastdue Credit Solutions, a debt-collection business serving several of the UK's banks, utility firms, telecom companies, and government bodies. The acquisition is subject to Financial Conduct Authority (FCA) approval, said Firstsource Solutions, a provider of domain-led Business Process Services (BPS). The RP-Sanjiv Goenka Group company, however, did not divulge the financial details or size of the buy. Sanjiv ...Read More >
Chennai, Jul 18 (PTI) Public sector Indian Overseas Bank has drawn up plans to raise Rs 4,000 crore during this financial year through various instruments, including Qualified Institutional Placement (QIP), a top official said on Friday. With the proposed plan to fund raise, the Government of India's shareholding in the Chennai-headquartered bank is expected to come down to 90 per cent from the current 94 per cent, the bank's Managing Director and CEO Ajay Kumar Srivastava said here. "Last yea ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wan ...Read More >
New Delhi [India], July 18 (ANI): The first set of wing assemblies for Light Combat Aircraft (LCA) Mk1A, produced by Larsen & Toubro, was handed over to Hindustan Aeronautics Limited (HAL) in Coimbatore, Tamil Nadu, the Ministry of Defence said in an official statement. Secretary (Defence Production) Sanjeev Kumar attended the event virtually, as General Manager (LCA Tejas Division) M Abdul Salam received the assemblies on behalf of HAL from the Precision Manufacturing and Systems Complex unit ...Read More >
MUMBAI: State Bank of India's Rs 25,000 crore qualified institutional placement (QIP) has been oversubscribed by over three times, with investment bankers expecting bids to touch Rs 1 lakh crore.The Life Insurance Corporation of India and domestic mutual funds such as HDFC Life and ICICI Prudential Life were among the top investors who bid for the shares. Foreign investors included Nomura, Millennium, BlackRock, and British hedge fund Marshall Wace.Bankers said foreign investors view the State B ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy ...Read More >
MUMBAI : In the face of decadal-low savings rates, state-run banks are hoping that dropping charges for not maintaining a minimum balance will help hold customers' interest in bank deposits. The decision, said two bankers close to the matter, follows a regulatory push to address customer grievances, as well as internal surveys that estimated limited revenue loss if such minimum balances are not maintained. "The Reserve Bank of India wanted us to look into complaints, and this was one of the ma ...Read More >
New Delhi, July 17 (SocialNews.XYZ) After a challenging first half marked by margin compression and falling loan yields, India's banking sector is set to turn the corner in the third quarter of FY26 (3QFY26), a report said on Thursday. Private and public sector banks are entering a transition phase, where lagged benefits of deposit repricing, systemic liquidity infusion, and improving asset quality start to lift earnings, Motilal Oswal Institutional Equities said in a report. As per the report ...Read More >
New Delhi [India], July 17 (ANI): The insurance industry in India is witnessing a slowdown, mainly due to the moderation in auto sales and a drop in corporate policy renewals, according to a recent research report by Nuvama. The report stated that the industry growth is expected to remain weak, largely driven by a slowdown in motor sales and lower corporate policy renewals. However, the impact of muted auto sales may be partially balanced by the recent hike in third-party (TP) premiums. The re ...Read More >
Kolkata: A day after DGCA ordered checks on fuel control switches of Boeing aircraft based on a Special Airworthiness Information Bulletin (SAIB) NM-18-33 issued by US regulator Federal Aviation Authority in Dec 17, 2018, an Airworthiness Directive (AD) issued by FAA on Sept 19, 2015, on fuel shutoff valves has come to light.This AD, which required mandatory compliance, was flagged again a month later by UK Civil Aviation Authority (CAA), which issued a safety notice requiring airlines to check ...Read More >
New Delhi, Jul 15 (PTI) State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday. The loss-making public sector telecom firm's total debt obligations reached Rs 34,484 crore as on June 30, 2025 comprising bank loan of Rs 8,585 crore, sovereign guarantee bond Rs 24,071 crore and loan for DoT for paying Sovereign Guarantee Bond interest Rs 1,828 crore, according to the filing. ...Read More >
New Delhi, Jul 15 (PTI) State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday. The loss-making public sector telecom firm's total debt obligations reached Rs 34,484 crore as on June 30, 2025 comprising bank loan of Rs 8,585 crore, sovereign guarantee bond Rs 24,071 crore and loan for DoT for paying Sovereign Guarantee Bond interest Rs 1,828 crore, according to the filing. Also Read | Gemin ...Read More >
New Delhi: The Centre has extended the additional charge of department of telecom (DoT) senior official Ravi A Robert Jerard for the second time as chairman and managing director (CMD) of state-owned BSNL and MTNL for three months with effect from July 15, a regulatory filing said. Jerard was appointed chairman and managing director (CMD) of the telecom public sector units on July 14, 2024, after the Appointment Committee of Cabinet (ACC) denied extension to the then CMD PK Purwar. "In continu ...Read More >
New Delhi, Jul 15 (PTI) State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday. The loss-making public sector telecom firm's total debt obligations reached Rs 34,484 crore as on June 30, 2025 comprising bank loan of Rs 8,585 crore, sovereign guarantee bond Rs 24,071 crore and loan for DoT for paying Sovereign Guarantee Bond interest Rs 1,828 crore, according to the filing. The total loan de ...Read More >
New Delhi [India], July 15 (ANI): Critical commercial negotiations between India and the United States for the GE-414 jet engines are ongoing, and the project is expected to be finalised by March next year. The negotiations are ongoing, and we expect to sign the deal for the GE-414 engines by the end of this financial year, defence officials said here. The programme for getting the jet engines is part of the LCA Mark 2 project, which is planned to be inducted into the Indian Air Force in the n ...Read More >
India received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme. Hindustan Aeronautics Limited (HAL) is expected to receive 12 GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. Indian Air Force has placed orders for 83 LCA Mark 1A fighter jets and a proposal to buy 97 more of these planes is at an advance stage. On Monday, Defence Secretary Rajesh Kumar had said that General Electric will increas ...Read More >
New Delhi [India], July 15 (ANI): In a significant development, India on Monday received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme, Defence officials said. The engine has been received by the Public sector firm Hindustan Aeronautics Limited (HAL) and it is expected to receive 12 more GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. The delivery of the engines had been delayed by more tha ...Read More >
NEW DELHI: In a significant development, India on Monday received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme, Defence officials said. The engine has been received by the Public sector firm Hindustan Aeronautics Limited (HAL) and it is expected to receive 12 more GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. The delivery of the engines had been delayed by more than a year due to supply ...Read More >
Visakhapatnam: Civil aviation minister Rammohan Naidu distributed 52 appointment letters to newly recruited individuals in various government sectors as part of the nationwide Rozgar Mela initiative. Among the recipients were 20 individuals appointed to the Indian Railways, along with others selected for India Post, Hindustan Petroleum Corporation Limited (HPCL), Union Bank of India, and Indian Institutes of Management (IIM). In his inaugural address, the Union minister emphasised the spirit o ...Read More >
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