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Thursday
March 2024
6:46 PM IST
News Headlines
Quo Vadis, Manipur?
'Ponniyin Selvan II' breaches Rs 300 crore mark at global box office
64 arrested in London on Charles III coronation day
KL Rahul out, Ishan Kishan in for WTC final
27-year-old Hyderabad woman among victims of Texas mall shooting
EC asks Kharge to clarify on Sonia's "Karnataka sovereignty" remark
Selena Gomez sets record straight on her relationship status amid dating rumours
SC refuses to entertain plea challenging caste-based census in Bihar
Bangladesh police arrest six persons for selling fraud US visa stamps
Mumbai City FC on course to becoming ISL ‘Invincibles’
One held in Swati Maliwal case: Delhi Police
Congress takes dig at Modi over unemployment
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Mumbai City FC win 4-0 as Bengaluru FC’s misery deepens
Australia thrash undermanned England in first ODI
AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail
Erdogan announces extension of grain deal by 120 days
Musk hints at new chief for Twitter
PM to deliver opening address at 'No Money for Terror' event
Transparency, accountability are essence of governance in parliamentary democracy: Birla
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Business News
Govt mulls raising insurance cover on bank deposits to above Rs 1 lakh: FM
New Delhi: Finance Minister Nirmala Sitharman on Friday said the government will bring legislations on raising insurance cover on bank deposits from the current Rs 1 lakh and regulating multi-state cooperative banks.
These legislations will be brought during the Winter Session of Parliament starting coming Monday, the minister told reporters here.
These legislations assume significance in the wake of scam in the Punjab and Maharashtra Cooperative Bank affecting lakhs of customers who are facing difficulties in withdrawing their entire money due to restrictions imposed by the Reserve Bank of India.
At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit Guarantee Corporation.
The finance minister also said the government has no plans to cut spending on welfare schemes and will encourage all the departments of the Union government to spend entire funds provided in the Budget.
When asked about the stress in the telecom sector, Sitharaman said, "We want no company to shut their operations. We want everyone to flourish."
Two major telecom companies -- Vodafone Idia and Airtel -- have posted a combined quarterly loss of about Rs 74,000 crore as they were hit by statutory dues after a recent Supreme Court ruling.
The minister further said the Committee of Secretaries (CoS), appointed to deal with financial problems being faced by telecom companies, "has not taken final decision yet".
Days after the Supreme Court ordered telecom companies to pay as much as Rs 1.42 lakh crore in past statutory dues, the government had set up the CoS under the Cabinet Secretary to suggest measures to mitigate financial stress in the sector last month.
AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail
Twitter very slow in India: Elon Musk
Amazon plans to lay off 10,000 people in coming days: NYT
Tripura to get tea auction centre
India indebted to former PM Manmohan Singh for economic reforms: Gadkari
Russia becomes India's top oil supplier in Oct
British PM Rishi Sunak committed to FTA with India, says Downing Street
India to press for collective efforts to deal with spillovers of actions by rich nations at G20: FM
Musk says Twitter verification being 'revamped'
Quality & Export define India and its Economy : Piyush Goyal
India Pak T20 match blockbuster creates new viewership record
Pakistan taken off from FATF's grey list; Myanmar in black list
Internet Freedom in India improves after 4 years of decline: Freedom House
India targeting Rs 35,000-crore exports of defence products by 2025: Rajnath
Rupee ends at 82.35 against USD
Sitharaman meets Japanese counterpart, discusses Indo-Pacific economic cooperation
Dhoni launches Droni, a Made-In-India camera drone
Ecosac launches biodegradable consumer products ‘Ecopath’
India, UK carrying out intensive discussions on FTA: MEA
World Bank slashes India's FY23 GDP growth forecast to 6.5 pc
KERALA NEWS
Top police official held in gang rape case
Kozhikode: Police on Sunday arrested a Circle Inspector (station house officer) attached in Beypore
Rain likely to occur many places in Kerala
Two killed as car plunged into well
Kerala CM greet Oommen Chandy on his 79th birthday
INTERNATIONAL NEWS
64 arrested in London on Charles III coronation day
London: At least 64 people were arrested in UK's capital during the coronation of Charles III on May
Bangladesh police arrest six persons for selling fraud US visa stamps
Erdogan announces extension of grain deal by 120 days
Musk hints at new chief for Twitter
NATIONAL NEWS
Quo Vadis, Manipur?
Imphal - Hardly any state in India has undergone in the last decade the chaos, lawlessness and suffe
27-year-old Hyderabad woman among victims of Texas mall shooting
One held in Swati Maliwal case: Delhi Police
PM to deliver opening address at 'No Money for Terror' event
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