RBI Unlikely To Accept Shadow Banks’ Bad-Loan Exemptions Requests: Report

Shadow banks wanted loans of up to 20 million rupees ($250,000) to be exempt. MUMBAI: India’s central bank is unlikely to give “shadow banks” exemptions from stricter bad-loan rules coming into force, sources told Reuters, essentially ending an advantage the non-bank financial firms have had over standard banks. Non-banking financial companies (NBFCs) have asked the… Read More »

Apple releases iOS 12 security update for older iPhones and iPads

Last month, Apple released iOS 15.6.1 update to fix zero-day exploits asking all iPad and iPhone users to update their devices to the latest version. Now, the Cupertino-based tech giant has released a rare critical security update for those with older iPhones and iPads. Available for the iPhone 5s, iPhone 6, iPhone 6 Plus, iPad… Read More »

Pakistan Using Narco-Terrorism In Proxy War Against India: Report

Kashmir Valley has seen a 2,000 per cent rise in heroin abuse in the last five years. Islamabad: In order to target youths and channelling finance for Pakistan-backed terror activities, Islamabad is using narco-terrorism as a new weapon in its proxy war against India in the Kashmir valley. Ayjaz Wani, writing in Observer Research Foundation… Read More »

GST Collection Rises 28% In August To Rs 1.43 Lakh Crore

GST collection has remained over the Rs 1.4-lakh-crore mark for the sixth straight month in August. New Delhi: Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said on Thursday. GST collection has remained over the Rs 1.4-lakh-crore mark for the sixth straight… Read More »

Salman Khan performs Ganesh Aarti at sister Arpita Khan-Aayush Sharma’s home, Katrina and Vicky Kaushal attend Ganesh Chaturthi celebrations – WATCH | People News

New Delhi: On the auspicious occasion of Ganesh Chaturthi, like an every-year ritual, many celebrities and devotees welcomed Bappa home. This year Ganesh Chaturthi was celebrated on August 31, starting the 10-day long festive mood in Maharashtra. Ganpati Utsav is a major festival in the state and preparations can be seen in almost every corner.  … Read More »

PM Modi Condoles Death Of Former Soviet Leader Mikhail Gorbachev

Gorbachev was the leader of the Soviet Union from 1985 until its collapse in 1991. New Delhi: Prime Minister Narendra Modi on Thursday condoled the demise of former Soviet leader Mikhail S Gorbachev, and said he was one of the leading statesmen of the 20th century who left an indelible mark on the course of… Read More »