Enter your Email Address to subscribe to our newsletters
The Philippine Army (PA) intends to purchase the Indian-made BrahMos cruise missile system, which it will utilize in conjunction with the Philippine Marine Corps (PMC) to defend the country's shores.
Read More
The number of Nepali Gurkhas joining private military corporations (PMCs), such as the well-known Russian firm Wagner, has increased recently. demonstrating the charm and appeal of these businesses to Nepali Gurkha troops looking for profitable employment outside of the regular military.
The cycle rally is an exciting initiative to encourage Puneites to embrace a healthy lifestyle by incorporating cycling into their daily routines.
Digging his own grave, Rahul Gandhi has once again made a fool out of himself as raising the Adani issue again, he claimed that the firm linked to Adani's infrastructure projects was owned by the Chinese national but it is completely false.
It should be noted according to an estimate by the MHA, close to 40,000 Rohingya migrants live in different parts of the country, including Delhi.
The technical fault took place in 400 KV lines which provide high-pressure power supply to key substations in Chakan & Lonikand areas
Taking a dig at Sanjay Raut, BJP leader and former MP Kirit Somaiya said, "He will have to give an explanation" in Hindi. "Sanjay Raut says, 'now his wife has returned the money'... Hisab to dena hoga," Somaiya tweeted.
The Enforcement Directorate (ED) has summoned Varsha Raut, wife of Shiv Sena MP Sanjay Raut in connection with the Punjab and Maharashtra Co-operative (PMC) Bank scam case.
In Maharashtra's major reshuffle, the state government transferred over 50 IPS officers, including the home department's principal secretary (special) Amitabh Gupta will be the new police commissioner of Pune.
The Reserve Bank of India on Monday said that over 99 per cent of CKP Co-Op Bank's 1.32 lakh depositors would get full money through Deposit Insurance and Credit Guarantee Corporation (DICGC).
Taking note of the enormity of the matter in the PMC bank scam, RBI Board member Satish Marathe has affirmed that it is unfair to titally blame the Reserve Bank of India for the crisis and that RBI acts as the soldier on frontier.
The Mumbai Economic Offences Wing investigating the PMC bank scam on Friday has launched a manhunt to nab one of the directors on the PMC Bank Board who helped clear loans to HDIL leading to the crisis in the bank.
Uearthing the scam in the Mumbai based PMC bank cas, which has deposits of over Rs 11,000 crore, the Reserve Bank of India on Wednesday appointed an administrator over it and capped its withdrawals at Rs 40,000 per account for six months. The apex bank also assured depositors of crisis-hit PMC Bank that their money is safe.
Concerned over the Mumbai based PMC Bank scam that left thousands of depositors distressed, the Sahakar Bharati delegation, viewing to purify and strengthen the Cooperative Banking Sector, met the Finance Minister urging to strive find a solution over the crisis.
In its first hearing over the PMC Bank crisis, the Supreme Court on Friday moved up to refuse entertain petition, filed by some account holders in the PMC Bank, seeking direction to RBI against putting restriction on withdrawal of money.
Paving the way of justice to the distresed depositors of the Mumbai based PMC Bank, the Esplanade Court on Wednesday sent accused Rakesh Wadhawan, Sarang Wadhawan and Waryam Singh to judicial custody till October 23 while the SC declared to hear the case on October 18.
Rolling the streets ahead of the state assembly elections, Maharashtra CM Devendra Fadnavis affirmed the distressed depositors of the scam-hit PMC Bank that he would discuss the issue of their distress with Prime Minister Narendra Modi when he meets the latter on October 13.
Waking ahead in the PMC bank fraud's judicial proceeding, a Mumbai court on Thursday extended the police custody of three of the accused arrested in the 4,355 crore rupees scam till 14th October.
"I will speak with the RBI Governor this evening on the Punjab Maharashtra Co-operative Bank crisis", assured Finance Minister Nirmala Sitharaman while she met a group of angry customers of the cooperative bank in Mumbai this afternoon. Several customers were protesting outside the BJP office where Sitharaman was to address the forum.
After arresting the HDIL promoters, PMC bank managers and completing the first tranche of searces across, the Enforcement Directorate yesterday conducted fresh searches at a posh bungalow located in Alibaug in connection with the money laundering case registered abide.
Finally, moving a step ahead to the fair justice of destressed depositors of the PMC bank, the Enforcement Directorate on Friday has charged the former bank board members and the promoters of crisis-hit real estate firm HDIL with money laundering in the Rs 6,500 crore loan default case.
Taking note of the enormity of the matter concerning the PMC bank fraud in mumbai, the Chartered accountants apex body ICAI on Wednesday has sought information from the RBI and other authorities in relation to check whether any auditor was involved in the alleged financial irregularities at the lender.
Unfolding catastrophe: What can PMC bank do for its stressed depositors after hiding defaulter HDIL's NPAs for so long?
In the heavy sequence of delayed monsoons in the state of Maharashtra, at least 11 people breathed last in separate incidents of flooding and wall collapse on Wednesday Pune district. Also more than 500 people from various water logged areas were shifted to safer places this morning.
Up ahead in the PMC Bank crisis where the depositors are suffering to a considerable extent, BJP leader Kirit Somaiya on Thursday wrote a letter to the Reserve Bank of India requesting it to initiate criminal action against the management of HDIL company and PMC Bank for allegedly looting the deposits of people.
Providing partial relief to the Punjab and Maharashtra Cooperative Bank customers, the Reserve Bank of India on Thursday moved up increasing the withdrawal limit for PMC depositors to ₹10,000 from ₹1,000 earlier. "This move would allow 60 per cent of the depositors to withdraw their entire balance", it said.
Rebutting over the social media rumours swiftly, the Reserve Bank of India on Wednesday made it clear that no commercial banks are going to be shut. Finance secretary Rajiv Kumar discribed these social media messages as mischievous saying that the Centre was in process of strengthening public sector banks by infusing capital in them.
Bracing limits on the amounts of withdrawl by depositors from the urban co-operative bank, the Reserve bank of India on Tuesday placed Mumbai-based Punjab and Maharashtra Cooperative Bank (PMC Bank) under directions for six months from the close of business of the bank.
Amid changing banking landscape of India, the entire industry has undergone a massive transformation that has varied the way financial procedures are carried out, and the way financial institutions operate. The collaboration between finance and the compliance has led to a radical turnaround in several aspects of banking.
