MUMBAI: RBI has released a draft circular revising its framework for lending to related parties, a move expected to significantly improve ease of doing business in the financial sector. By introducing scale-based materiality thresholds, the draft ensures that only sizeable loans to related parties require board or committee approval, replacing earlier blanket restrictions that often…
NEW DELHI: On the back of a fillip provided by a reduction in GST on 375 items, Indian consumers flocked to stores and car dealerships resulting in the highest Navratri sales in over a decade, govt officials said, citing industry data.They argued that the move lowered prices, helping families upgrade vehicles, buy white goods and…
Vijay Deverakonda and Rashmika Mandanna have long been fan favourites, with supporters often shipping them as a perfect couple. While the two have been spotted together on multiple occasions and even vacationing privately, they have yet to publicly confirm their relationship.On October 3, reports surfaced that Vijay and Rashmika have reportedly gotten engaged in a…
Purushothama M, 22, his girlfriend Soubhagya BH alias Latha, 24, Darshan alias Sathya, 20, and Chandru, 24, were picked up from a flat they had rented in Kudlu off Hosur Road just 12 days ago. BENGALURU: Police arrested a gang of four burglars, including a woman gym trainer, hours after they struck a locked house…
Silver stole the spotlight from gold in September, surging 19.4 per cent amid strong industrial demand, particularly from solar and technology sectors, and a tightening global supply, even as gold prices rose 13 per cent over the same period.In the national capital, silver prices climbed from Rs 1,26,000 per kilogram on September 1 to Rs…
Parineeti Chopra, who is expecting her first child with husband Raghav Chadha, recently opened up about the evolution of her love life post-marriage on her new podcast. In a candid conversation with her husband, she reflected on how Raghav’s calm and patient nature has shaped her understanding of love.“Whatever I have learnt about love after…
Police representative image TRICHY: Police have arrested a man for allegedly burning and desecrating an image of Lord Ram near Ayanputhur in Trichy district. The move followed a complaint lodged by right-wing groups after a video of the act circulated on social media, sparking tensions.The incident allegedly took place on Sept 28 in Guntur village…
The Maharashtra government on Friday rolled out an electronic bond, or ‘e-bond’, system for import and export transactions, replacing traditional stamp paper bonds, officials said. The move is aimed at simplifying trade procedures, accelerating business operations, and modernising the state’s economy.Revenue Minister Chandrashekhar Bawankule said Maharashtra has become the 16th state in India to adopt…
Commerce ministry has moved to protect domestic solar cell manufacturers by recommending an anti-dumping duty on imports of solar cells from China for three years, officials said on Friday. The move comes amid concerns over cheap imports harming local players in the rapidly growing renewable energy sector, PTI reported.The Directorate General of Trade Remedies (DGTR),…
File Pic: Abhishek Sharma, right, and Tilak Varma during the Asia Cup. (AP Photo) NEW DELHI: India A suffered a nine-wicket defeat to Australia A in the rain-affected second List A match on Friday, despite a gritty 94 from Tilak Varma and the personal sacrifice of Abhishek Sharma, who skipped his sister’s wedding to be…
