Jaguar Land Rover will get backing from the UK govt for a 1.5-billion-pound ($2 billion) loan aimed at easing the strain on suppliers hit by a production halt at the carmaker that was triggered by a cyberattack.The loan, to be provided by a commercial bank and guaranteed by UK Export Finance, will be repaid over…
MUMBAI/BENGALURU: RBI has ordered Simpl, a Bengaluru-based buy-now-pay-later (BNPL) firm, to shut its payments operations with immediate effect. The platform, which works with 26,000 merchants and lets shoppers defer payments at checkout, had been running a payments system without the central bank’s blessing. Under the Payment and Settlement Systems Act of 2007, no company can…
Lucknow: Chief Minister Yogi Adityanath on Sunday said that panchayats could significantly boost income and move closer to self-reliance if they prepared need-based plans and adopted innovative practices.Speaking at the virtual Viksit UP @ 2047 dialogue with district and area panchayat presidents, who shared the developmental journey of the past eight and a half years,…
MUMBAI: After six sessions of continuous selling that wiped off nearly 2,600 points or 3.1% from the sensex, and investors left poorer by nearly Rs 15 lakh crore through a slide in market cap, traders on Dalal Street feel there is a chance of a bounce-back on Monday. But they feel the underlying weak trend…
MUMBAI: RBI is expected to keep policy rates unchanged in its three-day monetary policy committee meet that starts on Monday. Most economists cite resilient growth, benign inflation and external uncertainties as reasons for a pause, even as the tone of RBI’s guidance is likely to be more dovish than the action itself. Some economists, however,…
Singer Shreya Ghoshal shares heartfelt Durga Puja memories, from her community-driven childhood celebrations in Rawatbhata, Rajasthan, to observing traditions in Mumbai. She fondly recalls making bhog and decorations, contrasting it with today’s grander, crowded pandals. As Durga Puja festivities light up the city, singer Shreya Ghoshal speaks exclusively to Bombay Times about her fondest memories…
NEW DELHI: The UAE remained the leading travel destination for Indian nationals in 2024, followed by Saudi Arabia, the US, Thailand, Singapore, the UK, Qatar, Canada, Kuwait and Oman. Together, these top 10 countries accounted for approximately 71.1% of all Indian Nationals’ Departures (INDs) during the year.The data, part of the India Tourism Data Compendium…
NEW DELHI: With some celebrities, including former cricketers and filmstars, not appearing despite summonses being issued to them in connection with alleged laundering of illegal proceeds of 1xBet online betting platform, ED is considering attaching properties of those linked to cases in which money trails have been established.ED likely to name celebrities as accused for…
NEW DELHI: It was an almost decade-long vendetta that led to the murder of 56-year-old property dealer Lakhpat Singh Kataria in south Delhi’s Malviya Nagar, police said on Sunday. A father-son duo has been nabbed for the crime after a 48-hour manhunt aided by CCTV analysis, technical surveillance and human intelligence, cops said.The man arrested…
Lucknow: Citizens for Fraternity, a Delhi-based civil society group, has written to Chief Minister Yogi Adityanath, expressing concern over police action and detention of people associated with the ‘I Love Muhammad’ posters and rallies.The letter, signed by prominent citizens including former chief election commissioner SY Quraishi, Lt Gen Zameer Uddin Shah, former Delhi LG Najeeb…