NEW DELHI: JEE (Advanced) authorities on Friday said a cloud storage misconfiguration identified by an ethical hacker earlier this week did not result in any mass extraction of candidate data and had no impact on examination records, results or rankings. The clarification came after social media claims that candidate records and admit card documents linked…
MUMBAI: Caught between a slowing economy and the risk of a fresh price spiral triggered by the conflict in West Asia, the RBI on Friday left the repo rate unchanged at 5.25%, cut its growth forecast for FY27 and raised its inflation projections, while signalling that the inflation threat could broaden economy-wide beyond fuel and…
BGB, the border patrolling force of Bangladesh, claimed on Friday that India’s BSF “made multiple attempts to push in people into Bangladeshi territory in the early hours of Thursday and Friday”.In an official statement, Border Guard Bangladesh further pointed out to alleged incidents near their areas such as Lalmonirhat and Panchagarh (both close to Bengal’s…
MUMBAI: Bonds rallied after govt and RBI announced measures to encourage foreign investment in govt securities on Friday. The yields on benchmark 10-year govt securities (G-Secs) softened to 6.94% in early trades, from 6.99% on Thursday, after the govt said foreign portfolio investors (FPIs) would be exempted from long-term capital gains and withholding taxes on…
MUMBAI: In a coordinated move, govt and RBI Friday rolled out a clutch of measures aimed at attracting foreign portfolio investors and non-resident funds to govt bonds and bank deposits. The strategy is as much about sentiment as it is about flows: signalling openness, easing friction, and offering a small subsidy from RBI in the…
NEW DELHI: The Indian economy grew 7.8% in the Jan-March quarter as strong investment, sustained farm production and expansion of the construction and tertiary sector led to a robust demand, offsetting the anticipated adverse impact of the conflict in West Asia.Data released by the National Statistics Office (NSO) Friday with the revised 2022-23 base year…
NEW DELHI: When BJP leader J P Nadda had said in 2023 that “regional parties promoting family and corruption are destined to be wiped out”, no one would have thought that his prophecy would turn true so soon.The last three years have seen many regional satraps not just lose power but also lose their clout….
MUMBAI: RBI has proposed tighter disclosure norms for deposit interest rates while allowing banks to price large deposits based on withdrawal risk, which will be a fourth factor for differential rates. Until now banks were allowed to offer differential rates based on tenor, size, and premature withdrawal conditions. These determine whether deposits qualify as bulk…
NEW DELHI: Officials on Friday conducted a demolition drive in Malviya Nagar area on unauthorised constructions amid heavy security.The Municipal Corporation of Delhi (MCD) on Friday began sealing unauthorised establishments in various south Delhi commercial hubs.The action was initiated against commercial establishments found operating in violation of building bye-laws and licence conditions, they said.According to…
MUMBAI: Tata Trusts has demanded petitioner Suresh Tulsiram Patilkhede and his lawyer Katyayani Agarwal withdraw allegations of impropriety over a 37-year-old transfer of 833 Tata Sons shares, seeking Rs 1,000 crore in damages for reputational harm and causing distress. The charitable organisations sent notices to both, saying transfer of shares from Navajbai Ratan Tata Trust…