Mumbai: RBI has come out with final co-lending rules for banks and non-banks which allow dual lending with a single KYC. The final norms mandate blended lending rates, irrevocable funding commitments, and escrow-based cashflow distribution, while keeping first loss default guarantee. These, along with capital impacts and lower returns, could make co-lending less attractive for…
Prashant Kishor (File photo) NEW DELHI: Jan Suraaj supremo Prashant Kishor on Thursday observed a day-long maun vrat (vow of silence) at the Bhitiharwa Gandhi Ashram in Bihar, a symbolic act of introspection after his party’s failure in the Assembly elections. His vow of silence comes as Nitish Kumar was sworn in as chief minister…
FILE: (AP Photo/Jose Luis Magana, File) Minouche Shafik’s tenure as president of Columbia University was brief but high-profile, placing her at the intersection of academia, politics, and public scrutiny. Appointed in July 2023, Shafik’s leadership faced immediate tests as campus protests erupted over the Israel–Hamas conflict, compelling her to make difficult decisions on free speech,…
Russia on Tuesday said it is ready to address India’s concerns over the widening trade deficit and proposed building a framework to shield bilateral commerce from pressure by third countries. Kremlin spokesperson Dmitry Peskov, speaking ahead of President Vladimir Putin’s visit to New Delhi, said Moscow is also working to stabilise crude supplies after a…
MUMBAI: In a step towards liquidation of Gitanjali Gems Ltd, the company at the centre of the Rs 23,000 crore Punjab National Bank fraud case involving Nirav Modi and his uncle Mehul Choksi, a special PMLA court allowed the company’s liquidator to proceed with valuation and subsequent auction of 13 unsecured properties valued over Rs…
NEW DELHI: Russian envoy Roman Babushkin on Wednesday hinted at the possibility of a trilateral meeting between Prime Minister Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin. This comes as the United States is pressurising India and China with its tariffs over their continued purchase of Russian crude oil, which the States…
Gautam Gambhir and Suryakumar Yadav (Pic credit: BCCI) NEW DELHI: India head coach Gautam Gambhir has shed light on the fearless and flexible philosophy driving the national team’s T20 resurgence, stressing that his focus lies on impact rather than numbers like averages and strike rates.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Speaking in…
Today’s Bollywood buzz includes Mohammed Rafi’s son accusing Lata Mangeshkar and Asha Bhosle of sabotaging his father’s career. CBFC demanded 23 cuts in ‘Baaghi 4’ despite its ‘A’ rating. The High Court dismissed a plea to stop the release of ‘Jolly LLB 3’. Soni Razdan criticized defining Jaya Bachchan by her husband’s name. Lights, camera,…
Pakistan’s star batter Babar Azam added another feather to his illustrious career by completing 15,000 international runs (AFP Photo) Pakistan’s star batter Babar Azam added another feather to his illustrious career by completing 15,000 international runs during the third ODI against South Africa on Saturday. The milestone came in the series decider at Iqbal Stadium,…
Photo credit: World Book of Records Bihar chief minister and JD(U) supremo Nitish Kumar has been officially recognised by the World Book of Records, London, for his “matchless contribution in politics” and for ‘strengthening democratic values’.Announcing the recognition on X on Friday, JD(U) national working president Sanjay Kumar Jha wrote “It is a matter of…
