DHAKA: A mob attacked those seeking to visit on Thursday a memorial to Bangladesh‘s first president and father of ousted PM Sheikh Hasina – Sheikh Mujibur Rahman – and prevented them from proceeding towards Bangabandhu Memorial Museum, which was Mujibur Rahman’s residence and where he and most of his family were murdered on Aug 15,…
MUMBAI: Start Health & Allied Insurance has said that it will hike rates by 10-15% in a segment of its policies. The company has said that hospital charges that rose during Covid have not been corrected and that reducing the waiting period for pre-existing illnesses would also require higher rates. “We have planned for a…
MUMBAI: The middle class with their growing aspirations and increasing ability to spend are becoming key to the strategy of consumer goods companies as they look to identify new growth spaces and expand their market share. The segment’s inclination for trying new products and better choices are nudging companies to innovate, creating room for premiumisation.”A…
MUMBAI: The pace of bank credit growth is slowing down, with incremental bank deposits outpacing growth in advances during the current financial year.Bank deposits stood at Rs 211.9 lakh crore as of July 26, 2024, fortnightly data released by RBI showed. Banks have added deposits of Rs 7.2 lakh crore since March 2024, which is…
BENGALURU: Ola co-founder and CEO Bhavish Aggarwal on Thursday said that artificial intelligence sovereignty is necessary for India and that the country needs to build a future on its terms to control the technologies in the time to come. “Otherwise, we will just end up becoming monthly active user farms for global companies,” he told…
NEW DELHI: Enforcement Directorate on Thursday said it has attached properties worth over Rs 678 crore of the Avantha Group, owned and controlled by industrialist Gautam Thapar, in an alleged bank fraud and money-laundering case. The properties include land parcels located in Haryana, Maharashtra and Uttarakhand.The agency said its investigation revealed that Avantha Group companies…
NEW DELHI: Enforcement Directorate on Thursday said it has attached properties worth over Rs 678 crore of the Avantha Group, owned and controlled by industrialist Gautam Thapar, in an alleged bank fraud and money-laundering case. The properties include land parcels located in Haryana, Maharashtra and Uttarakhand.The agency said its investigation revealed that Avantha Group companies…
MUMBAI: Central Board of Secondary Education (CB-SE) has made it compulsory for its schools to use textbooks from National Council of Educational Research and Training (NCERT) for classes 9 to 12 from this academic year. For classes 1 to 8, schools have been ‘strongly’ encouraged to use NCERT textbooks. Previously, schools had the choice to…
MUMBAI: In one of the oldest pending rape cases before the sessions court, 40 years after a now 70-year-old man was accused of raping a 15-year-old girl who later became his wife and mother of his four children, a trial judge acquitted him for lack of evidence.While the accused remained untraceable for almost four decades,…
NEW DELHI: Taking a cue from the ongoing Middle East conflict and the Ukraine-Russia war where both sides have been using self-destructive drones to attack rival’s assets, India’s elite research institute National Aerospace Laboratories (NAL) has developed a desi ‘Kamikaze’ drone that is driven by an indigenously-built engine that gives them a range of 1,000…
