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.
Low-cost carrier SpiceJet on Friday sought an urgent hearing on its application filed before the Delhi High Court challenging a directive requiring the debt-ridden airline to ground three engines by February 16. On Friday, the matter was mentioned before Acting Chief Justice (ACJ) Manmohan for urgent listing.
Prime Minister Narendra Modi has said that the Paris Olympics will serve as a launch pad for Indian sports to soar and is the turning point. He said this during his interaction with the Indian Paris Olympic contingent at his residence on Independence Day.
The accused have been identified as Asrat Kanth, Kamalpreet Singh, Pardeep Kumar and Gurmeet Raj. Police teams have recovered four weapons, comprising one China-made 7.65 mm Glock, two .30 bore pistols and one revolver, besides four cartridges and three magazines.
