CATEGORIES

IoB shows improvement in asset quality in Q2

CHENNAI-based Indian Overseas Bank (IoB) has shown massive improvement in asset quality, with its gross NPAs falling by 50% or by 202 bps to 2.72% from 4.74% a year ago, while the net NPAs improved by 21 bps to 0.47% from 0.68%.

Kotak Bank to acquire StanChart loan book

MARKING its second major acquisition of a foreign entity after snapping up ING Vysya in November 2014 for ₹15,000 crore, Kotak Mahindra Bank has agreed to acquire the personal portfolio of Standard Chartered Bank India.

Rate cut at this stage will be premature, risky: RBI Guv

THE Reserve Bank Governor Shaktikanta Das, whose monetary policy committee has left the interest rates unchanged for the tenth time earlier this month, on Friday said a rate cut at this stage will be “premature, and very, very risky.

Airfares lower up to 38% this festive season due to capacity expansion

UNLIKE past peak festive seasons when airfares go through the roof, so far this year it is on the lower side as rapid capacity expansion by airlines and lower jet fuel prices appears to be keeping the mismatch in demand and supply in check.

Teen held for planning ISIS style stabbing in Singapore

THE city-state has detained a 17-year-old self-radicalised supporter of ISIS under the Internal Security Act (ISA) mere weeks before his alleged planned attack on non-Muslims in a public housing estate.

Headless Hamas defiant, won't free hostages till the war is over

Israeli forces pound Gaza further with air strikes on Friday, rescuers recover three bodies

US sanctions two Indians for transporting Iranian oil

THE US sanctioned 18 companies and individuals, including two Indians, for their alleged ties to a Houthi network transporting Iranian oil, revenue from which enables Houthi attacks on Israel and disrupting shipping in the Red Sea.

Seoul says North to send troops to war in Ukraine for Russia

NORTH Korea has decided to send \"large-scale troops\" to support Russia in its war against Ukraine, South Korea's Yonhap news agency reported Friday, citing Seoul's spy agency.

Saini makes dialysis free in Haryana

IN his first cabinet meeting as the chief minister of Haryana, Nayab Singh Saini on Friday announced that free dialysis services will be provided to chronic kidney patients in all government hospitals across the state.

Raut, Patole fight in Maha MVA slugfest over 26 seats

DIFFERENCES among opposition Maha Vikas Aghadi alliance partners, particularly between Congress and Shiv Sena (UBT), surfaced on Friday over \"disputed\" seats in the Maharashtra assembly elections.

Omar resolution on statehood, PDP asks why silent on Art 370

KEEPING its word, the Omar Abdullah-led government passed a resolution on restoring statehood to Jammu and Kashmir in its first cabinet meeting, sources said, but there has been no official word yet.

BJP to contest 68 seats as NDA seals deal for J'khand

THE BJP-led NDA has reached consensus over seat-sharing in Jharkhand. The All Jharkhand Students Union (AJSU) will contest 10 seats, JD(U) 2 and the Chirag Paswan-led LJP one, leaving the BJP to contest the remaining 68 seats, according to Assam Chief Minister Himanta Biswa Sarma, who is also the BJP's co-election in-charge for Jharkhand.

Migrant worker from Bihar shot dead by terrorists in Shopian

IN the first targeted killing after the government assumed power in Jammu and Kashmir, a migrant worker from Bihar was shot dead by militants in Jammu and Kashmir's Shopian district on Friday.

Bishnoi issues fresh threat to Salman, demands ₹5 cr

The Mumbai traffic police received a threat message demanding ₹5 crore from Bollywood actor Salman Khan.

Jr docs' ultimatum to Didi: 'Fulfil our demands in 4 days or face cease-work'

THE junior doctors protesting in West Bengal have given an ultimatum to the state government: Unless it fulfils their demands by Monday or Tuesday, both senior and junior doctors of private and government hospitals will go on cease-work.

Small biz at higher risk of climate change: Study

A new study of the World Bank has revealed that India's smaller business firms and poor households experience higher levels of climate change-induced extreme heat and flood than better-off ones. It leads to a continuous trap of poverty and puts challenges to economic growth in developing nations.

‘Ottawa should have given Nijjar security’

AMID a high-voltage diplomatic row between India and Canada, officials in Intelligence agencies and security establishments here have raised a question mark on the authorities of the North American country for not providing adequate security to Khalistani separatist Hardeep Nijjar, who had several rounds of meetings with Canadian Security Intelligence Service (CSIS) before he was killed.

Parliamentary oversight of intel agencies an idea whose time has come: MP

AFTER a former RAW official was charged in the US over the plot to murder Sikh separatist Gurpatwant Singh Pannun, Congress leader and former Union minister Manish Tewari said that India would not have been in the embarrassing position if Intelligence agencies were brought under Parliamentary oversight.

No stay on trial against Ram Rahim in sacrilege case

THE Supreme Court on Friday paved the way for trial of the 2015 sacrilege cases involving Dera Sacha Sauda chief Gurmeet Ram Rahim Singh.

India's pleas for Nijjar death cert overlooked

OTTAWA has been putting pressure on New Delhi on the killing of former chief of banned terror outfit Khalistan Tiger Force (KTF) Hardeep Singh Nijjar, but it has refused to share his death certificate with Indian agencies probing his alleged role in criminal cases against him in India.

PM's 2nd visit to Russia this yr, to attend BRICS Summit

PRIME Minister Narendra Modi will visit Russia from October 22-23 at the invitation of President Vladimir Putin to attend the 16th BRICS Summit in Kazan, the Ministry of External Affairs said on Friday.

MHA asks states to implement bail provisions for undertrial prisoners

IN a move to reduce overcrowding in jails and give relief to undertrial prisoners, the Union Ministry of Home Affairs (MHA) has asked states and Union Territories to implement Section 479 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, which allows bail to inmates who have served considerable periods of detention, officials said on Friday.

COMPANIES BANK ON FED RATE CUT, FESTIVE Q3 SPEND

THE Q2 earnings season has just begun, but analysts expect a rather muted quarter as key sectors like banking, IT and FMCG may turn in moderate revenue growth.

REMEMBERING ONE OF INDIA'S GREATEST CORPORATE LEADERS

Humility, simplicity, responsibility to the nation and to the less fortunate, and capacity to listen and act are the lessons that Ratan Tata left behind for generations to follow

IT'S RAINING DIVINE SIGNALS FOR CLIMATE JUSTICE

JUST how much bizarre climate change news can one handle in a week? This has been a strange week on that count. As this was being written, Bengaluru, Chennai, and huge parts of Tamil Nadu were reeling under record-breaking rains, making some apartment folk park their cars on flyovers and ride boats, Venice-like.

ED raids MUDA offices, seizes vital land docus

IN a significant development, sleuths of the Enforcement Directorate (ED) raided the MUDA office and its Mysuru taluk office here on Friday morning.

Cyber cops, DoT join hands to block calls used for crimes

TAMIL NADU police's cyber crime wing on Friday announced that it will be working with the Department of Telecom (DoT) to block spoofed/spam calls which are used to commit crimes in the state.

KL can use ₹783 cr in SDRF for Wayanad relief: Centre

The Union government on Friday informed the Kerala High Court that ₹782.99 crore is available in the State Disaster Relief Fund (SDRF) which can be used for Wayanad landslide rehabilitation work.

Cop gives disabled woman roof over head

A police head constable appointed to maintain public welfare under the Dedicated Beat System (DBS) in Tiruppur city has built a shelter at his own expense for a destitute disabled woman living on the roadside for more than three years and has only an umbrella for protection.

SC closes case, says two women staying in Isha of their free will

THE Supreme Court on Friday closed the proceedings in a habeas corpus petition filed by a man who had alleged that his two daughters were held captive inside the premises of spiritual guru Jaggi Vasudev's Isha Foundation in Coimbatore.