LS clears banking rule change that will allow up to four nominees
Hindustan Times|December 04, 2024
BANKING LAWS (AMENDMENT) BILL, 2024 PROPOSES 19 CHANGES IN FIVE EXISTING LAWS FOR EASE OF COMPLIANCE AND BETTER REGULATIONS
Rajeev Jayaswal

The Lok Sabha on Tuesday passed amendments to the banking laws permitting account holders to propose up to four nominees either successively or simultaneously with their respective shares, which will make inheritance of bank deposits smooth and unambiguous.

The Banking Laws (Amendment) Bill, 2024 also proposes 19 amendments in five existing laws for the ease of compliance, better regulation and efficient auditing of banks, including multi-state cooperatives offering banking services, Union finance minister Nirmala Sitharaman said.

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HINDUSTAN TIMES DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Hindustan Times

NGEL IN GREEN METHANOL TALKS WITH MAERSK

NTPC Green Energy Ltd, (NGEL) a subsidiary of India's largest power generation utility NTPC is in talks with global shipping major A.P. Moller-Maersk A/S to sell green methanol for its ships, said two people in the know of the developments.

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1 min  |
December 09, 2024
₹100 lakh cr infra plan to roll out over 5 years
Hindustan Times

₹100 lakh cr infra plan to roll out over 5 years

Capital expenditure expected from both government and private sector

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2 dak  |
December 09, 2024
Subsidy via digital rupee may start with edu loans
Hindustan Times

Subsidy via digital rupee may start with edu loans

The government is considering paying subsidy amounts through a pre-programmed digital rupee (e₹), and the country's youth could be among the first beneficiaries to get education loan subsidies through the central bank's digital currency by mid-February, two officials said.

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2 dak  |
December 09, 2024
Hindustan Times

GO FIRST'S AIRPORT SLOTS MAY GO TO OTHERS SOON

Bankrupt Go First's valuable slots could soon be reallocated among airlines such as IndiGo, Air India and Akasa Air to ease congestion at the country's top airports as demand for air travel continues to rise.

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1 min  |
December 09, 2024
Moscow grants asylum to Assad: Russian media
Hindustan Times

Moscow grants asylum to Assad: Russian media

Syria's Bashar Assad and his family have arrived in Russia and have been granted asylum by the Russian authorities, Russian news agencies reported on Sunday, citing a Kremlin source.

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1 min  |
December 09, 2024
Al-Golani: The HTS leader who plotted Assad's ouster
Hindustan Times

Al-Golani: The HTS leader who plotted Assad's ouster

Abu Mohammed al-Golani, the militant leader whose stunning insurgency toppled Syria's President Bashar Assad, has spent years working to remake his public image, renouncing long-time ties to Al-Qaeda and depicting himself as a champion of pluralism and tolerance. In his first public appearance on Sunday, the 42-year-old al-Golani - labelled a terrorist by the US - called the fall of Bashar Assad \"a victory to the Islamic nation\".

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1 min  |
December 09, 2024
Jubilation, gunfire as Syrians celebrate end of Assad regime
Hindustan Times

Jubilation, gunfire as Syrians celebrate end of Assad regime

Syrians poured into streets echoing with celebratory gunfire on Sunday after a stunning rebel advance reached the capital, ending the Assad family's 50 years of iron rule but raising questions about the future of the country and the wider region.

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2 dak  |
December 09, 2024
Hindustan Times

AUSTRALIAN PM SAYS SYNAGOGUE FIRE AN ACT OF 'TERRORISM'

Prime Minister Anthony Albanese on Sunday called a deliberately lit fire in a Melbourne synagogue an act of \"terrorism\" and warned about the \"worrying rise in anti-Semitism\" in Australia.

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1 min  |
December 09, 2024
Ukraine's prez ready for 'deal' with Russia: Trump
Hindustan Times

Ukraine's prez ready for 'deal' with Russia: Trump

US president-elect Donald Trump said on Sunday that Ukrainian President Volodymyr Zelensky is keen on a \"deal\" to end the war with Russia, after the pair met in Paris to discuss the future of the conflict.

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1 min  |
December 09, 2024
Hindustan Times

Oppn plans new push to impeach president

South Korea's main opposition party said on Sunday it will try again to impeach President Yoon Suk-yeol after his declaration of martial law.

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1 min  |
December 09, 2024