RBI proposes revamp of Lead Bank Scheme; aims to boost district credit flow, inclusion

The Reserve Bank of India (RBI) on Friday proposed revised guidelines for the Lead Bank Scheme (LBS) to streamline operational processes and enhance the effectiveness of the programme introduced in 1969 to coordinate development activities at the district level, PTI reported.The Lead Bank Scheme is aimed at coordinating the activities of banks, governments and other…

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Baba Kalyani’s son seeks board seat again but aunt may oppose

MUMBAI: The ownership dispute between Bharat Forge chairman and MD Baba Kalyani and his sister and Hikal non-executive director Sugandha Hiremath over the chemicals company has escalated. Baba’s son Amit Kalyani is seeking re-election as a non-executive and non-independent director at Hikal. His reappointment, under an ordinary resolution, requires a majority of votes to be…

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Regional trade push: RBI allows rupee credit to Bhutan, Nepal and Sri Lanka; extends forex repatriation window

In a move aimed at strengthening regional trade and payment systems, the Reserve Bank of India (RBI) on Monday allowed Indian banks and their overseas branches to extend rupee-denominated loans to persons residing in Bhutan, Nepal, and Sri Lanka.The RBI said the step was taken to facilitate cross-border trade transactions and is part of its…

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Not Mithali Raj or Ellyse Perry: Harmanpreet Kaur becomes only women cricketer to achieve this historic feat | Cricket News

Harmanpreet Kaur became the most capped player in women’s international cricket on Thursday when she led the India women’s national cricket team in the second T20I of the three-match series against the Australia women’s national cricket team in Australia.The appearance was her 356th international match on February 19, taking her past Suzie Bates, who previously…

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‘I was very naughty’: Saif Ali Khan says he stole money from dad Mansoor Ali Khan Pataudi, mom Sharmila Tagore always caught him | Hindi Movie News

Saif Ali Khan shared childhood memories on Two Much, recalling stealing money from his father, Mansoor Ali Khan Pataudi, and being caught by his mother, Sharmila Tagore. He also humorously described the ‘struggles’ of growing up in palaces and recounted a terrifying home stabbing incident involving his son Jeh, which he bravely confronted. Saif Ali…

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‘Fakhar out nahi tha’: Shoaib Akhtar slams third umpire after ‘controversial’ Asia Cup call | Cricket News

Shoaib Akhtar describes it as a “wrong decision”. NEW DELHI: Former Pakistan pacer Shoaib Akhtar did not hold back in his critique of umpiring after Pakistan’s six-wicket defeat to India in the Asia Cup 2025 Super Four clash in Dubai on Sunday. Akhtar focused particularly on the contentious dismissal of opener Fakhar Zaman, describing it…

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‘Indian economy resilient, can absorb shocks’: FM Sitharaman amid 50% US tariffs; targets 8% GDP growth

Union finance minister Nirmala Sitharaman on Friday highlighted India’s growing economic resilience and said that the nation is well-equipped to absorb external shocks, amid ongoing external trade tensions.“Our capacity to absorb shocks is strong, while our economic leverage is evolving. Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer…

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Deepti Sharma becomes No. 1 T20I bowler; Laura Wolvaardt dethrones Smriti Mandhana as top ODI batter | Cricket News

Deepti Sharma and Laura Wolvaardt (PTI) India all-rounder Deepti Sharma and South Africa captain Laura Wolvaardt have made significant strides in the latest ICC Women’s Player Rankings, both claiming the top spots in their respective categories. Deepti Sharma climbed to No. 1 among T20I bowlers for the first time in her career, following a strong…

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War in Gulf, layoffs hit discretionary spends

MUMBAI: Consumers seem to be cutting back on discretionary spends, allocating more budgets to essentials and value purchases as a mix of war-driven uncertainty and layoffs have nudged people to tighten their purse strings and save more. Even as the US and Iran agreed upon a two-week ceasefire last week, the prospects of a peace…

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