MUMBAI: RBI deputy governor Swaminathan J has expressed concern that a significant number of customer grievances that are ultimately resolved in favour of the customer by RBI’s integrated ombudsman were never referred to the bank’s internal ombudsman in the first place.Highlighting this as a lapse on the part of bank, Swaminathan said that “This is…
The United States military said late Monday it was carrying out its 10th consecutive night of strikes on Iran, intensifying operations aimed at reopening the Strait of Hormuz after another American service member was killed and Tehran launched attacks on US allies Kuwait, Jordan and Bahrain.The US Central Command (CENTCOM) said on social media that…
NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.“The tax policies, including capital gains tax rates, are revised periodically as part of the annual budgetary process and legislative revisions after taking into consideration the macroeconomic…
DHAKA: Bangladesh said Monday a letter has been sent to India seeking the extradition of key Sheikh Hasina aide and former home minister Asaduzzaman Khan Kamal – who is said to have fled along with the former PM amid the “2024 uprising” against her govt.Asked if Dhaka would renew its extradition request for former PM…
NEW DELHI: The defence ministry has invited domestic aerospace firms to design and develop Airship-based High Altitude Pseudo Satellites (AS-HAPS) under a Rs 15,000-crore program for the Indian Air Force to provide persistent intelligence, surveillance and reconnaissance (ISR) at significantly lower cost than satellites.HAPS are pseudo satellites that hover in the stratosphere at 20 km…
NEW DELHI: India’s expanded core sector grew at the fastest pace in five months to touch 5% in June, compared with 1.1% a year ago, official data with a revised base year 2022-23, released on Monday, showed. The new series expands the core sector basket to nine industries by adding iron ore.The infrastructure industries showed…
The Odyssey box office collection Day 4: Christopher Nolan‘s epic starring Matt Damon crosses Rs 80 crore mark at Indian box office, despite sharp dip on first MondayChristopher Nolan’s ‘The Odyssey’ witnessed the expected weekday slowdown at the Indian box office on its first Monday.Starring Matt Damon in the lead role, the epic fantasy adventure…
For many people, taking a minimum-wage or part-time job is often seen as a last resort. But for Sarah Kendzior, a 48-year-old American author and journalist, working at a local garden centre became far more than a way to supplement her income. Earning $17 (£12.50) an hour, she discovered a renewed sense of purpose, community…
NEW DELHI: Congress’s Rahul Gandhi slammed PM Narendra Modi as the “most anti-youth PM India has ever had” as opposition jointly condemned BJP for crackdown on the “paper leak” protest march to Parliament Monday.Rahul said the young protesters are not criminals and Modi should accept their legitimate demands. “It is disgusting what govt and police…
MUMBAI: Indian markets closed lower on Monday as fluctuating crude prices and global risk-off cues weighed on sentiment, with the sensex falling 443 points or 0.6% to 77,709 and the Nifty declining 96 points or 0.4% to 24,239, while the rupee weakened to 96.45 against the dollar from 96.28.Banking stocks led the decline after mixed…
