NEW DELHI: There’s been a clamour for PR Sreejesh to reconsider his decision to retire post the Paris Olympics. But his reaction sums up the call he has taken: “I once got very good advice. You should always leave when people ask ‘why’ and not when they say ‘why not’,” said India’s hockey legend as…
MUMBAI: RBI has proposed risk-based pricing for bank deposit insurance. The reasoning is that stressed banks could face rapid deposit withdrawals through digital channels, as quick dissemination of information through social media could accelerate bank runs.“The implementation of risk-based premium for deposit insurance merits consideration. By tying insurance premiums to the level of risk posed…
NEW DELHI/MUMBAI: Public and private sector mining companies are staring at Rs 1.5 lakh crore arrears after the Supreme Court on Wednesday allowed states to collect royalty and tax on mineral-bearing land retrospectively from April 1, 2005.Govt sources said the judgement’s impact on the sector and its investment prospects as well as policy issues will…
NEW DELHI: India’s trade deficit widened to $23.5 billion in July as exports dipped marginally to $34 billion, while imports rose 7.5% to $57.5 billion due to a sharp rise in oil shipments. The 1.4% decline in exports during July was the first since March, the sharpest since last Nov, and was driven by a…
NEW DELHI: Election Commission, which on Wednesday reached an agreement with the home secretary regarding extent of forces to be deployed for assembly polls in J&K, may announce the schedule any day after revised electoral rolls for the UT are published Aug 20, reports Bharti Jain.“J&K administration is geared to have an elected govt sworn…
NEW DELHI: Five Shaurya Chakras were conferred on CRPF bravehearts and 209 police officers honoured with gallantry medals on the eve of Independence Day for their acts of valour.The five Shaurya Chakra awardees were part of CRPF’s 201 CoBRA battalion and were recognised for displaying extraordinary courage during an engagement with Naxalites on January 30,…
NEW DELHI: Colonel Manpreet Singh and deputy superintendent of J&K Police Humayun Muzzammil Bhat, who laid down their lives while battling terrorists in a fierce encounter in Anantnag district of J&K last September, and two others have been awarded Kirti Chakra, the nation’s second-highest gallantry medal during peacetime, on Independence Day.The other Kirti Chakra awardees…
MUMBAI: Amid speculation that some Congress MLAs cross-voted in the recently held MLC polls-the party is yet to take action over that-two party MLAs, Hiraman Khoskar (Igatpuri) and Jitesh Antapurkar (Deglur), met CM Eknath Shinde late Tuesday, fuelling the buzz that they could join Shiv Sena. Khoskar had met Shinde last month, too. Antapurkar met…
RAIPUR: A 15-year-old girl was chased and beaten to death by a 19-year-old who had a score to settle with her father in Chhattisgarh’s Kabirdham district Tuesday. Vicky was waiting for the girl at her school, said police. As she stepped out, he intercepted her and passed lewd comments, to which she objected. When he…
NEW DELHI: In a financial bonanza for mineral-rich states, Supreme Court on Wednesday asked public sector undertakings and private entities engaged in mining activities, as well as those using mineral produce as raw material, to pay arrears of royalty and tax on mineral-bearing land to states from 2005 in a staggered manner over the next…
