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Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary. The RBI governor’s remark came a day after the central bank directed Sachin Bansal’s Navi Finserv and three other NBFCs to cease and desist from sanctioning and disbursing loans effective from the close of business of October 21 on material supervisory concerns, including usurious pricing. “No…we are not policemen. We are watching. We are watching very closely. We maintain vigil over the credit markets and…when it becomes necessary, we take action,” he said at the India Credit Forum hosted by Bloomberg. Observing that… Read More »“We Aren’t Police…”: RBI Chief Day After 4 Firms Banned From Giving Loans

The roughly 2.1 million Indian American voters are just a small section of the 161 million-plus-strong US electorate. Even then, they have emerged as a notable force in the country’s politics. With one of their own, Kamala Harris, on the Presidential ballot, the deeply aspirational community is charged up. Having established themselves as an educated and affluent group, they understand that having their voice heard in the corridors of power is crucial. And their importance is growing not just as voters but also as candidates, mobilisers and fundraisers. Unprecedented Fundraising Political fundraisers are ‘witnessing a remarkable surge’ in terms of participation from Indian Americans. Ajay Bhutoria, a member of the Democratic National Finance Committee and… Read More »Opinion: Blog | How Indian Americans – Just 1% Of US Population – Are Gaining Political Clout

In a sign of differences between the Uddhav Thackeray faction of the Shiv Sena and the Congress just a month before the Maharashtra Assembly elections, the regional party has said that it will not hold seat-sharing discussions with state Congress President Nana Patole. On Thursday, sources in the opposition alliance, comprising the Congress, the Uddhav Thackeray-led Shiv Sena and the Sharad Pawar faction of the Nationalist Congress Party (NCP), which is known as the Maha Vikas Aghadi, had said that a consensus had been reached on 260 of the state’s 288 Assembly constituencies.  Speaking on Friday, however, senior Shiv Sena (Uddhav Balasaheb Thackeray) leader and MP Sanjay Raut said the allies had agreed on only… Read More »Uddhav Thackeray’s Sena Won’t Discuss Seat-Sharing With Congress’s Nana Patole: Sources

The All India Council for Technical Education (AICTE), in collaboration with 1M1B Green Skills Academy and with support from global CRM leader Salesforce, has introduced a green internship programme for students in AICTE-affiliated institutions. The initiative aims to equip 100,000 students with climate-focused skills by 2030, with 10,000 internships to be offered in the first year. Launched at AICTE’s headquarters in New Delhi, the Green Internship programme is designed to nurture climate talent using artificial intelligence (AI). Participants will work on transforming campuses into green spaces by conducting sustainability audits, recommending energy-efficient solutions, and developing zero-waste systems. Additionally, they will gain proficiency in data intelligence for climate action and engage with industry mentors to cultivate… Read More »AICTE Partners With 1M1B Green Skills Academy To Offer Internships To 1 Lakh Students

In the upcoming episode of Kaun Banega Crorepati 16, Amitabh Bachchan reflected on his illustrious career and expressed a heartfelt regret about never having the opportunity to work with the legendary actress Meena Kumari. Big B also reminisced about the actress Waheeda Rehman’s iconic close-up in the film Pyaasa, which left a lasting impression on him. During a conversation with Vidya Balan and Kartik Aaryan, Amitabh voiced his regret at not having worked with Meena Kumari while discussing the 1962 cult movie Sahib Bibi Aur Ghulam.  Big B said, “I never got the opportunity to work with Meena Kumari ji. In Sahib Biwi Aur Ghulam, there’s a song – Na jaao saiyaan where she performed… Read More »Amitabh Bachchan Regrets Not Working With This Legendary Actress