Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur is prohibited from conducting the business of 'banking' which includes, among other things, acceptance of deposits and repayment of deposits as defined in Section 5(b) read with Section 56 of the Banking Regulation Act, 1949 with immediate effect, the Reserve Bank of India said.
Cyclone Michaung is set to make a landfall in southeast India. The storm is expected to cross the coast of Andhra Pradesh near Bapatla, with a maximum sustained wind speed of 90 to 100 kilometers (56-62 miles) an hour, gusting to 110 kilometers.
The cyclone is the sixth to develop in the Indian Ocean this year and fourth to form in the Bay of Bengal.
Cyclone Michaung: The name was proposed by Myanmar, denoting resilience and fortitude.
JT-60SA, the world's largest and most advanced nuclear fusion reactor started its official operations in Japan's Ibaraki Prefecture.
JT-60SA is a joint initiative between the European Union and Japan.
The JT-60SA reactor is a six-storey-high machine, which is kept in a hangar in Naka north of Tokyo.
Meghalaya's Lakadong turmeric has been awarded the Geographical Indication (GI) tag.
Along with Lakadong turmeric, Garo Dakmanda (traditional dress), Larnai pottery and Garo Chubitchi (alcoholic beverage) were also awarded the GI tag.
Lakadong is found in Lakadong area of Jaintia Hills.
Olympian M. Sreeshankar, the long jump silver medallist in the Commonwealth Games and Asian Games, has won the 35th Jimmy George Foundation Award for the best sportsperson of Kerala.
The award carries a cash prize of Rs 1 lakh and a plaque.
The award will be presented to Sreeshankar at the Jimmy George Sports Academy at Peravoor, Kannur, on December 22.
Max Life Insurance, a material subsidiary of Max Financial Services, has a new Chairman, Rajiv Anand.
This follows the stepping down of Analjit Singh from the Chairmanship and membership of the Board of Directors of Max Life Insurance.
Before this elevation, Anand, a non-executive director of Max Life, was nominated by Axis Bank Ltd as Chairman of Max Life Insurance.
The Executive Committee of the Central Board (ECCB) of State Bank of India (SBI) has accorded final approval to the Bank for acquiring 20 per cent stake held by SBICAPS (SBI Capital Markets Ltd) in SBIPFPL (SBI Pension Funds Private Ltd).
The acquisition, which will be completed by December 15, 2023, is for a cash consideration of ₹229.52 crore.
Union Bank of India said it will be collaborating with Accenture to design and develop a scalable and secure enterprise data lake platform to boost its operational efficiency.
This will also enhance its ability to offer customer-centric banking services and manage risk.
A. Manimekhalai, Managing Director & CEO, Union Bank of India
The Asian Development Bank has approved a Rs 250 million policy-based loan to strengthen India’s power sector by improving financial sustainability and facilitating the shift to renewable energy.
This policy-based loan will help reduce barriers to scale up commercial financing for clean energy and contribute to India’s fulfillment of its climate change mitigation commitment
FIVB ( Fédération Internationale de Volleyball) Men's Volleyball Club World Championship 2023 will commence at the Koramangala Indoor Stadium in Bengaluru . T
his is the first time that the prestigious tournament will be held in India.
The five-day tournament will see six teams compete for the top honours.
For the third year in a row, Kolkata has been declared as the safest city in India with least number of cognisable offences per lakh population, according to the National Crime Records Bureau (NCRB) 2022 data.
In 2022, Kolkata recorded the least number of cognisable offences per lakh population -- 86 cases per lakh people.
Akshata Krishnamurthy is an Indian woman who created history as she became the first person from the country to operate the Mars rover with the National Aeronautics and Space Administration (NASA) in the United States.
Akshata is a PhD holder from the MIT (Massachusetts Institute of Technology). She is among the few Indians who joined NASA for a full-time opportunity.
Zoram People's Movement (ZPM) leader Lalduhoma will be sworn in as Chief Minister of Mizoram.
The ZPM emerged victorious in Mizoram assembly polls by winning 27 out of 40 seats. Mizo National Front (MNF) won 10 seats, the BJP won two seats and the Congress won one.
According to data released by the Periodic Labour Force Survey (PLFS) of the National Sample Survey Office, Himachal Pradesh topped the urban unemployment chart with 33.9%, followed by Rajasthan with 30.20% among the age group of 15 to 29 years during July-September 2023, against the national average of 17.3% of the same age group during the period.
President Joe Biden has nominated prominent Indian-American global venture capitalist Deven Parekh as a member of the Board of Directors of the International Development Finance Corporation, a development finance institution and agency of the US government.
Parekh, the managing director at software investment firm Insight Partners, was nominated for the post last week.
A team of researchers have discovered India’s first Early Cretaceous shark fossils, “which are 115-million year old” in Jaisalmer area of Rajasthan.
According to the researchers, the Early Cretaceous was a period of great change for sharks, as new species evolved and old ones disappeared.
Thiruvananthapuram: The Centre for Autism and other Disabilities Rehabilitation Research and Education (CADRRE) announced an international short film festival on autism.
The CADRRE International Film festival on Autism, invited entries of short films between one to five minutes duration that explore the diverse narratives and experiences related to Autism.