Author: Team Admin

New Delhi: In a move aimed at enhancing borrower flexibility, the Reserve Bank of India (RBI) has proposed eliminating foreclosure charges and prepayment penalties on floating rate loans. This draft guideline, open for public feedback until March 21, 2025, targets loans taken by individuals and Micro and Small Enterprises (MSEs) for business purposes. The RBI’s initiative comes as part of broader efforts to streamline lending practices and reduce borrower grievances. The draft rules apply to a wide range of financial institutions, including Scheduled Commercial Banks, Local Area Banks, Co-operative Banks, Non-Banking Financial Companies (NBFCs), Housing Finance Companies (HFCs), and All…

New Delhi: In the heart of India’s capital, a political storm is brewing over unmet promises. Just days after the BJP’s victory in the Delhi elections, former Chief Minister Atishi is challenging the new administration to deliver on its key campaign pledge: a monthly financial assistance of Rs 2,500 to women. This promise, made by Prime Minister Narendra Modi during an election rally on January 31, 2025, was expected to be approved in the first cabinet meeting. However, the scheme was notably absent from the agenda of the BJP’s inaugural cabinet session on February 20. Atishi, who won her seat…

New Delhi: In a surprising turn of events during the ICC Champions Trophy 2025, a broadcast mishap has sparked a new controversy, particularly affecting the highly anticipated tournament. On Thursday, during the live broadcast of the India vs Bangladesh match in Dubai, the tournament logo displayed on the screen omitted Pakistan’s name, despite the country being the official host of the event. The incident has drawn significant attention and criticism, especially since the logo had correctly featured Pakistan’s name in previous matches, including the tournament opener between Pakistan and New Zealand. The Pakistan Cricket Board (PCB) has expressed strong dissatisfaction…

New Delhi: In a significant development on the sidelines of the G20 Foreign Ministers’ Meeting in Johannesburg, South Africa, Indian External Affairs Minister S. Jaishankar and Chinese Foreign Minister Wang Yi held a crucial meeting on Friday. This encounter marked a continuation of the ongoing efforts to restore and strengthen bilateral relations between the two nations. The meeting, which took place on February 21, was part of Jaishankar’s two-day visit to South Africa to participate in the G20 Foreign Ministers’ Meeting. During their discussions, Wang Yi emphasized that the restoration of mutual trust and the achievement of win-win cooperation between…

New Delhi: As the cricket world gears up for the highly anticipated India-Pakistan match at the 2025 Champions Trophy in Dubai on Sunday, former Indian captain and BCCI president Sourav Ganguly has unequivocally backed India as the favorites not only for this clash but also to win the entire tournament. Ganguly, known for his astute cricketing insights, emphasized that the current Indian team is the best in the world across all departments. He believes this strength will propel them to success in the Champions Trophy. “India are now the best team in the world, whether it’s batting or bowling; they…

Jaipur: In a dramatic turn of events, six Congress MLAs, including the state party chief Govind Singh Dotasra, spent the night inside the Rajasthan Assembly in Jaipur, protesting their suspension from the House. The suspension was a result of a heated debate that erupted on Friday over a remark made by BJP minister Avinash Gehlot, who referred to former Prime Minister Indira Gandhi as “aapki dadi” (your grandmother) during the Question Hour. The controversy began when Minister Gehlot, responding to a query about hostels for working women, mentioned that the scheme was named after Indira Gandhi, using the term “dadi.”…

New Delhi: In a significant call to action, NITI Aayog CEO BVR Subrahmanyam emphasized the necessity for India to cut tariffs to bolster its economic standing on the global stage. Speaking at the 69th Foundation Day of the All India Management Association (AIMA) in New Delhi on Friday, Subrahmanyam underscored that reducing tariffs is essential for India’s growth, regardless of external pressures. Subrahmanyam argued that tariffs do not offer genuine protection to any country and that India must prioritize openness to the world if it aims to become a developed nation. He highlighted the importance of completing trade agreements with…