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The New Indian Express

HDFC bank offers highest interest rate of 7.4% on FD

A week after it ruled out engaging in interest rate war to attract deposits, HDFC Bank, the largest private sector lender and the one with the highest credit-deposit ratio, has upped the ante in its war for public funds as it seeks to grow its assets faster, offering up to 7.4% for fixed deposits below ₹3 crore for 55 months.

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1 min  |
July 26, 2024
The New Indian Express

RBI moots tighter liquidity norms for banks' digital cash withdrawals risks

THE Reserve Bank has issued draft guidelines, mooting a new framework to calculate banks' liquidity coverage ratios that will boost their liquidity resilience under the Basel-III framework on liquidity standards, The central bank on Thursday proposed that, going forward, banks value their high quality liquid assets, kept in the form of government securities, at no greater than their current market rate.

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1 min  |
July 26, 2024
T-minus one: Inside Indian quarters at the Village
The New Indian Express

T-minus one: Inside Indian quarters at the Village

Sleep pods, selfies with Nadal, athletes taking out their recliners and chilling next to the Seine River and up close and personal with an Olympic champion. Our daily takes in the sights and sounds at the Games Village a day before the Opening Ceremony...

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3 mins  |
July 26, 2024
The New Indian Express

Mankind Pharma to buy out Bharat Serum from Advent for ₹13,630 crore

GURUGRAM-based Mankind Pharma, which is a leading player in the domestic OTC drug segment, has entered into a definitive agreement to acquire 100% stake that global investor Advent International holds in Bharat Serums and Vaccines (BSV) for an enterprise value of ₹13,630 crore, the companies said in a joint statement late Thursday evening.

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1 min  |
July 26, 2024
IT companies' hiring to see positive traction in second half
The New Indian Express

IT companies' hiring to see positive traction in second half

IN the first quarter of this financial year, IT services companies showed signs of recovery in hiring compared to the previous a few quarters.

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1 min  |
July 26, 2024
Share buyback decision is to curb tax avoidance by HNIs
The New Indian Express

Share buyback decision is to curb tax avoidance by HNIs

AMID the ongoing debate regarding the taxation of share buybacks, Revenue Secretary Sanjay Malhotra has said that these transactions should be treated as dividends.

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1 min  |
July 26, 2024
Pension issues addressable: Fin secy
The New Indian Express

Pension issues addressable: Fin secy

Finance secretary TV Somanathan says return to Old Pension System is not feasible

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1 min  |
July 26, 2024
The New Indian Express

Israel carries out ops, recovers from Gaza bodies of 5 killed on October 7

ISRAELI forces retrieved the remains of five Israelis, killed during Hamas' October 7 attack on southern Israel, whose bodies had been taken to the Gaza Strip, the military said.

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1 min  |
July 26, 2024
Gaza truce, hostage deal on talks table as Netanyahu meets Biden
The New Indian Express

Gaza truce, hostage deal on talks table as Netanyahu meets Biden

If clinched, it would be a legacy-affirming achievement for US prez

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1 min  |
July 26, 2024
Gated plush colonies for surrendered Maoists and relatives in C'garh soon
The New Indian Express

Gated plush colonies for surrendered Maoists and relatives in C'garh soon

AS cadres of the outlawed CPI (Maoist) increasingly surrender in Chhattisgarh's strifetorn Bastar region, ensuring their safe and effective rehabilitation remains a key challenge.

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1 min  |
July 26, 2024
Raj says no ties with BJP, to go it alone in Maha elections
The New Indian Express

Raj says no ties with BJP, to go it alone in Maha elections

RAJ Thackeray-led MNS, which was part of the BJP-led Mahayuti during the Lok Sabha elections, has decided to contest 225 to 230 seats independently in Maharashtra assembly elections scheduled in October.

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1 min  |
July 26, 2024
BJP announces new party chiefs for Bihar, Rajasthan
The New Indian Express

BJP announces new party chiefs for Bihar, Rajasthan

IN an organisational rejig, BJP chief JP Nadda on Thursday appointment new party chiefs in Bihar and Rajasthan and prabhari (in-charge) and 'sahprabhari' (co-incharge) in many states, including Rajasthan and Tamil Nadu.

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1 min  |
July 26, 2024
The New Indian Express

Heavy rains in Bundelkhand & Mahakoshal

HEAVY rains and flash floods have forced around 2,000 people to move to safer places in parts of Bundelkhand and Mahakoshal/Vindhya region of Madhya Pradesh, particularly Katni district.

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1 min  |
July 26, 2024
WHEN IT RAINS, IT POURS IN MAXIMUM CITY
The New Indian Express

WHEN IT RAINS, IT POURS IN MAXIMUM CITY

Flight, local train services and road traffic hit in Mumbai Pune gets 3rd highest rainfall since 1989

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1 min  |
July 26, 2024
The New Indian Express

'GPS fixed in fighter aircraft for 1st time in Kargil war'

THE lack of coordination among security agencies and timely response to Pakistan army's intrusion in Kargil are still matters of serious discourse 25 years after the 'Operation Vijay'.

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2 mins  |
July 26, 2024
14 months after violence breaks out, Manipur CM to meet PM
The New Indian Express

14 months after violence breaks out, Manipur CM to meet PM

MANIPUR Chief Minister N Biren Singh, who left for Delhi on Thursday, will have his first meeting with Prime Minister Narendra Modi in more than 14 months since the ethnic violence between Meitei and KukiZo communities broke out on May 3 last year.

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1 min  |
July 26, 2024
MEA reveals Dhaka letter over Didi 'refugee' remark
The New Indian Express

MEA reveals Dhaka letter over Didi 'refugee' remark

INDIA has received an official communication from Bangladesh criticising West Bengal Chief Minister Mamata Banerjee's statement regarding the provision of shelter to individuals affected by violence in the neighbouring country.

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1 min  |
July 26, 2024
The New Indian Express

MoS demands housing for sportspersons in RS

THE Rajya Sabha on Thursday witnessed a different kind of demand by Minister of State for Defence Sanjay Seth during zero hour.

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1 min  |
July 26, 2024
The New Indian Express

Consultations on UCC on, Meghwal tells Lok Sabha

A year after the 22nd Law Commission invited suggestions from stakeholders on the proposed nationwide Uniform Civil Code (UCC), the Centre does not appear to have made any considerable progress on it.

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1 min  |
July 26, 2024
Rijiju: Oppn is trying to stall House during Budget debate
The New Indian Express

Rijiju: Oppn is trying to stall House during Budget debate

PARLIAMENTARY Affairs Minister Kiren Rijiju on Thursday accused the Opposition leaders of resorting to politics and abusing Prime Minister Narendra Modi instead of participating in a constructive debate during the discussion on Budget in Parliament.

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1 min  |
July 26, 2024
The New Indian Express

NEET SOLUTION IN FIXING THE SYSTEM, NOT SCRAPPING IT

THE National Eligibility cum Entrance Test (NEET) paper leak and numerous other problems faced by students in the medical entrance exam conducted by the National Testing Agency (NTA) this year have given currency to the demand of going back to the pre-2016 system of entrance exams.

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1 min  |
July 26, 2024
KANNADIGA QUOTA BILL NEEDS TO BE RECONSIDERED
The New Indian Express

KANNADIGA QUOTA BILL NEEDS TO BE RECONSIDERED

ALREADY facing a backlash from the opposition for alleged corruption and nepotism, the Congress government in Karnataka suffered a loss of face on July 17.

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3 mins  |
July 26, 2024
TIME FOR PRIMAKOV'S TRIANGLE OF GLOBAL INFLUENCE?
The New Indian Express

TIME FOR PRIMAKOV'S TRIANGLE OF GLOBAL INFLUENCE?

Yevgeny Primakov's idea of India, Russia and China playing a balancing role in the post-Cold War era was ahead of its time. But as recent moves show, it's worth revisiting now

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4 mins  |
July 26, 2024
TIDCO to set up aviation academy to help students of southern dists
The New Indian Express

TIDCO to set up aviation academy to help students of southern dists

THE Tamil Nadu Industrial Development Corporation Limited (TIDCO) will establish an aviation training academy in Kovilpatti to facilitate entry for the students of southern districts to the aviation sector, said Minister for Social Welfare and Women Empowerment Geetha Jeevan on Thursday.

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1 min  |
July 26, 2024
Clip of worker fully submerged in sewage water sparks outrage
The New Indian Express

Clip of worker fully submerged in sewage water sparks outrage

THE work order of a private contractor associated with Cuddalore corporation was cancelled on Thursday after the video of a man cleaning a drain without any safety equipment went viral in the social media.

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1 min  |
July 26, 2024
The New Indian Express

Misleading fat info on Aavin milk packs riles buyers

HUNDREDS of customers are upset over the misleading fat content printed on the milk packets sold at Aavin parlours on Thursday.

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1 min  |
July 26, 2024
The New Indian Express

Cop probing crypto scam stole bitcoins worth ₹850 cr

THE Bitcoin scam has a shocking revelation.

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1 min  |
July 26, 2024
MUDA scam: K'taka oppn plans Mysuru 'chalo' march
The New Indian Express

MUDA scam: K'taka oppn plans Mysuru 'chalo' march

BOTH Houses of the Legislature were adjourned sine die on Thursday as BJP and JDS legislators continued their protest seeking a debate on the alleged irregularities in allotment of sites by MUDA.

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1 min  |
July 26, 2024
The New Indian Express

K'taka passes resolution against NEET

Wants Centre to allow med admissions based on CET conducted by Karnataka Examination Authority

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1 min  |
July 26, 2024
The New Indian Express

Quack performs sex determination tests, arrested

HEALTH department officials in Dharmapuri on Thursday busted a gang in Perambalur that was allegedly involved in performing illegal sex determination tests (SDTs) on pregnant women.

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1 min  |
July 26, 2024