Finance Minister Nirmala Sitharaman, at a review meeting held on Monday, asked the chiefs of public sector banks to accelerate the growth rate of their deposits to match the quicker pace at which the credit is growing. The growth rate of deposits is 3 to 4 per cent slower than the pace at which credit is growing in recent months which is seen as posing a risk of asset-liability mismatch in the banking system.
Prime Minister Narendra Modi on Monday met visiting Japanese Foreign Minister Yoko Kamikawa and Defence Minister Minoru Kihara to take stock of bilateral defence and security ties, while stressing the Indian-Japanese partnership's role in promoting peace and prosperity in the Indo-Pacific region and beyond.
Standing firmly with the doctors fraternity agitating against the shocking rape and murder of a trainee doctor in Kolkata, Punjab Health and Family Welfare Minister Balbir Singh on Monday demanded Rs 10 crore ex-gratia from the Centre and the West Bengal government for the parents of the victim, besides seeking speedy justice for the victim and exemplary punishment for culprits.
The mayor of Montreal says the cause of a major water main break Friday morning near the city's Jacques Cartier Bridge remains unknown. Valérie Plante says 50 buildings were flooded when millions of litres of water erupted onto city streets, and 16 households have asked the Red Cross for emergency housing.
The funding will go to the World Health Organization as it tries to contain the spread of the virus formerly known as monkeypox, which has been spreading rapidly across Africa. Joly is visiting a vaccination co-ordination centre in Ivory Coast, ahead of a visit to South Africa for two days starting Wednesday.
A motorcyclist has died after colliding with a light standard in Abbotsford. Police say they were called to the intersection of Golden Avenue and Trethewey Street on Saturday at 3:30 p-m and the motorcyclist died from his injuries.
