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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How The Developed World Defeated Baku Negotiations
Hindustan Times

How The Developed World Defeated Baku Negotiations

The 29th Conference of Parties (COP29), held in Baku, Azerbaijan, was to deliver a new climate finance agreement that matched the scale of our global challenge. Instead, the deal we got is little more than an exercise in political theatre.

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High Inflation Likely To Keep Demand Subdued In 2025
Hindustan Times

High Inflation Likely To Keep Demand Subdued In 2025

Demand for goods is likely to remain subdued next year, as high inflation hurts real incomes, eroding consumer confidence, market research firm Kantar said in its outlook for 2025 released on Thursday.

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December 06, 2024
Neha slams male rappers for offensive lyrics about women
Hindustan Times

Neha slams male rappers for offensive lyrics about women

Singer Neha Bhasin did not mince words when she took to Instagram on Wednesday to slam 'below average male rappers' and audiences for normalising offensive lyrics about women.

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December 06, 2024
Sing and dance like Akki and SRK!!!
Hindustan Times

Sing and dance like Akki and SRK!!!

Actor Shah Rukh Khan showcased some serious moves as he danced to Jhoome Jo Pathaan from Pathaan (2023) at a recent private event in Delhi.

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1 min  |
December 06, 2024
Mamta Kulkarni back in Mumbai after 25 years as Bombay HC clears her in ₹2,000 crore drug case
Hindustan Times

Mamta Kulkarni back in Mumbai after 25 years as Bombay HC clears her in ₹2,000 crore drug case

Former Bollywood star Mamta Kulkarni, 52, celebrated for her roles in 1990s hits like Karan Arjun alongside Shah Rukh Khan and Salman Khan, has made an emotional return to Mumbai after a 25-year absence.

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December 06, 2024
It was the worst 24 hours of my life, paid₹8 lakh for my freedom: Sunil Pal
Hindustan Times

It was the worst 24 hours of my life, paid₹8 lakh for my freedom: Sunil Pal

Comedian-actor Sunil Pal, known for his stint on The Great Indian Laughter Challenge, claims that he endured a harrowing ordeal that has left him scarred.

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SOCHAY: A NEW BEGINNING
Hindustan Times

SOCHAY: A NEW BEGINNING

Actor-couple Naga Chaitanya and Sobhita Dhulipala officially tied the knot in a private ceremony at Annapurna Studios, Hyderabad, on Wednesday. Chaitanya's father, actor Akkineni Nagarjuna, shared the first glimpses of the wedding on social media.

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Instant-redemption liquid funds or sweep-in FDs?
Hindustan Times

Instant-redemption liquid funds or sweep-in FDs?

Markets regulator Sebi issued a circular on instant redemption in liquid funds in 2017, allowing investors to withdraw up to ₹50,000 or 90% of the money parked in a liquid fund per day, whichever is lower.

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2 dak  |
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Bangladesh starts printing notes without Mujibur Rahman's image, new ones may feature uprising
Hindustan Times

Bangladesh starts printing notes without Mujibur Rahman's image, new ones may feature uprising

Months after the ouster of Sheikh Hasina as prime minister, Bangladesh has begun the process of erasing the image of Sheikh Mujibur Rahman-her father and the iconic figure behind the founding of the country from its currency notes.

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1 min  |
December 06, 2024
Justice Manmohan takes oath as SC judge, top court's strength at 33
Hindustan Times

Justice Manmohan takes oath as SC judge, top court's strength at 33

Justice Manmohan took oath as a judge of the Supreme Court on Thursday, enhancing the strength of the top court to 33, just one short of its sanctioned strength of 34 judges.

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December 06, 2024