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Four public sector banks cut lending rates after RBI move

[ad_1] MUMBAI: Banks led by public sector lenders have started revising their lending rates following the RBI's 50 basis point repo rate cut. However, for a change, old borrowers may benefit more than new ones, as banks are likely to tweak the spreads on home loans, which were already competitive in the quest for market share.Bank of Baroda has reduced its repo-linked lending rate (RLLR) by 50 basis points with effect from June 7. The bank's RLLR now stands at 8.15%. Punjab National Bank has cut its RLLR by 50 basis points to 8.35%, effective June 9, while keeping its MCLR unchanged. Bank of India has also reduced its Repo-Based Lending Rate by 50 bps to 8.35% from June 6.UCO Bank trimmed both its MCLR and RLLR. The bank cut its RLLR by 50 bps to 8.30% from June 9 […]

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Packers and movers transported ganja from Odisha to Nagpur in bank manager’s household goods | Nagpur News

[ad_1] NAGPUR: The ongoing investigation into the seizure of 108kg marijuana, or ganja, worth Rs27 lakh last week led to a shocking revelation. A packers-and-movers transporter, Avinash Dhoke (34), had brought the narcotics consignment concealed in the household goods of an innocent bank manager, who had been transferred from Odisha to Nagpur.The narcotics consignment, intercepted by Kalamna police after a dramatic chase on June 3, has hit the bank manager's shifting plan, as his household goods have been impounded as evidence. However, the cops have promised to legally sort out the issue as far as possible.The case resurfaced on Saturday after a Kalamna police team, led by senior inspector Praveen Kale under Zonal DCP Niketan Kadam, travelled almost 700km from Nagpur to a remote Odisha village to nab the key supplier, Bulbul Pradhan, alias ‘WhatsApp Bhai', after waiting in a […]

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Mercury may touch 45°C in Delhi today, says IMD | Delhi News

[ad_1] NEW DELHI: After a gap of 17 days, Delhi's maximum temperature surpassed 40 degrees Celsius on Sunday, settling at 42.1C, two notches above normal, at Safdarjung, the city's base station. The Met office has issued a 'yellow' alert for heatwave conditions at isolated places on Monday and Tuesday as the mercury may touch 45C.The heatwave alert for the capital came as scorching temperatures swept Haryana, Punjab, and Rajasthan. In Haryana, Sirsa recorded the highest maximum temperature at 45.8C while Chandigarh recorded the season's highest maximum so far at 42.1C. In Rajasthan, maximum temperature in several areas remained above 45 degrees, with Sri Ganganagar being the hottest district in the state at 47.4C. The Met office has predicted that the intense heatwave will continue in the coming days.In Delhi, due to regular rain, accompanied by thunderstorms and gusty winds, temperatures […]

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‘Whole world now knows the truth’: Shashi Tharoor-led delegation wraps up US visit; urges global terror fight | India News

[ad_1] NEW DELHI: The multi-party parliamentary delegation led by Congress MP Shashi Tharoor on late Sunday concluded its high-level visit to the United States, wrapping up the final leg of a diplomatic mission aimed at building international consensus on India’s counter-terrorism stance following the April 22 terror attack in Pahalgam, which left 26 people dead.Taking to X as he wrapped up the US visit, Tharoor wrote: “If you are born a hundred times, you will do it a hundred times. I will love my country with all my heart… A Watan. The whole world now knows the truth. We are lovers of non-violence, but only until someone tests that... Jai Hind!”On the final day of the tour, the delegation paid tribute to Mahatma Gandhi’s statue in Washington. Tharoor later posted on X: “It is striking how many world capitals are […]

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Siddaramaiah distances government from Bengaluru stampede, blames top cop | India News

[ad_1] Chief Minister Siddaramaiah MYSURU/BENGALURU: Chief minister Siddaramaiah on Sunday sought to distance his govt from the 11 deaths in a stampede outside M Chinnaswamy Stadium during RCB's IPL win celebrations on June 4, saying he had okayed only the state-organised event at Vidhana Soudha where nothing untoward happened.Blaming suspended police commissioner B Dayananda, he said he was informed about the stampede at 5.45pm, almost two hours after it occurred.The CM's statements came as opposition BJP demanded a three-day special legislative session to discuss the stampede. The party also plans to meet governor Thaawarchand Gehlot and President Droupadi Murmu to seek dismissal of the Congress-led govt.Talking to reporters in Mysuru, Siddaramaiah pushed back, saying, "Govt has done nothing wrong. Where did it happen? At the stadium. Did anything untoward happen at Vidhana Soudha? All those responsible have been suspended or […]

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How talented actors can escape the typecast trap: Bhagyashree, Vivek Oberoi, Anant Mahadevan and others decode casting cliches in Indian cinema – Exclusive | Hindi Movie News

[ad_1] In a film industry that thrives on formula and familiarity, typecasting is a chronic issue that plagues even the most gifted of actors. A romantic lead remains the romantic lead, the comic sidekick continues to crack jokes, and the villain lurks in every dark corner of the script—no matter how much potential lies beneath. But as cinema evolves, so does the desire for transformation. The real question is: How can actors break free from the shackles of typecasting and reclaim creative agency? The Burden of FamiliarityBhagyashree, known for her iconic debut in Maine Pyar Kiya, captures the paradox perfectly. "While everyone is told to think out of the box, sometimes when the audience likes you in a certain way, you may not be accepted if you don’t give them what they want," she tells ETimes. The industry's reliance on […]

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Bengaluru stampede: Who gave permission for victory celebrations, ask victims’ families | Bengaluru News

[ad_1] BENGALURU: Struggling to come to terms with the tragedy that has struck them, the families of the victims of the stampede outside M Chinnaswamy Stadium have one question: "Who gave permission for the entire victory celebrations that claimed our loved ones?"Ashwini UL, mother of one of the stampede victims, Divyanshi, asked: "My first question to the govt is who wanted this function? What was the need for arranging the felicitation function in front of Vidhana Soudha or announcing the roadshow and organising a victory celebration function in the stadium on June 4 when the entire city celebrated the victory overnight till the early hours? Why didn't the authorities make arrangements before inviting fans?"Not just Ashwini, the families of the 10 others who died in the stampede are searching for similar answers. Though chief minister Siddaramaiah has blamed police and […]

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Andhra CM N Chandrababu Naidu pitches financial incentives to have more kids | India News

[ad_1] VIJAYAWADA: Andhra Pradesh, which once amended its laws to bar people with more than two kids from contesting panchayat and municipal elections, now plans to incentivise having larger families as part of a strategy to combat dropping fertility rates and shift focus to what chief minister N Chandrababu Naidu terms “investment in human capital”. “I am looking at giving financial incentives by taking a family as a unit. The bigger families may get higher incentives,” Naidu told TOI ahead of completing a year in office on June 12.“As part of the ‘Zero Poverty ’ initiative, I have already rolled out an interesting model in which wealthier people will adopt poor families. This will not only bridge income disparities, but also ensure welfare of the entire family,” he said.The four-time CM, who has been an advocate of population management, said […]

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LA riots: ‘They spit, we hit,’ says Donald Trump; directs officials to ‘liberate city from migrant invasion’

[ad_1] Donald Trump talking to reporters US President Donald Trump on Sunday talked about his decision to deploy National Guard troops to Los Angeles in response to protests against immigration raids, framing the move as essential to restoring law and order.Speaking to reporters before boarding Air Force One, departing for Camp David, Trump claimeddemonstrators had engaged in physical provocation, justifying a tough federal response.“They spit and worse, you know, what they throw at them, right?” Trump said. “And when that happens, I have a little statement. They spit, we hit. And I told them, nobody's going to spit on our police officers, nobody's going to spit on our military. Which they do, is a common thing. They get up to them this far away and then they start spitting in their face. That happens. They get hit very hard.”“I mean, […]

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In 2 years, NHAI barred 29 firms from bidding after poor quality work | India News

[ad_1] NEW DELHI: PM Narendra Modi has asked road transport ministry to formulate "clear norms and standards" for subcontractors engaged by main highway builders to ensure high quality of work during project execution. The ministry has also been instructed to rework the criteria of eligibility and selection of supervision engineers, who are responsible for quality compliance during construction.These instructions, among several others, came amid instances of newly-built highways getting damaged due to poor quality work - primarily because of abnormally low prices quoted by bidders to bag projects and laxity in supervision by consultancy firms engaged by the govt. Last Dec, the PM had reviewed the ministry's performance and minutes of the meeting issued last month mentions these directions, TOI has learnt.While the ministry has amended the contract conditions to discourage abnormally low bids, it is finalising stringent norms for […]