Reserve Bank of India Governor Sanjay Malhotra stated that corporates will not be allowed banking licenses. The monetary policy committee retains flexibility on interest rates. Future rate decisions will depend on inflation and growth outlook. There is no plan to revise the 26% limit on promoter shareholding in private banks. RBI supports diversified ownership. The ultimate responsibility for a bank's operations lies with its board.
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The J&K high court overturned a sessions court's decision that dismissed proceedings against two Kashmiri men accused of anti-India sloganeering. The court stated that inflammatory slogans targeting the country are unlawful and prejudicial to national interest. The accused were charged under the UAPA for allegedly making anti-national speeches intended to instigate the public and advocate for J&K's separation.
A 'Kiss Cam' incident at a Coldplay concert involving Astronomer CEO Andy Byron and HR head Kirstin Cabot sparked a viral sensation. However, a motion graphics designer also named Andy Byron was mistakenly identified, leading him to clarify on LinkedIn that he was "NOT THE GUY FROM THE COLDPLAY GIG.
In a harrowing incident in Satpura Tiger Reserve's core zone, three young men were forced to spend a night in the Denwa river after a tiger attacked them. Venturing into the restricted Madhai range to fish, they were ambushed by the tiger, who initially dragged one of them, Rajendra, into the forest.
England welcome Liam Dawson back into the Test side, replacing injured Shoaib Bashir for the crucial Fourth Test against India. Meanwhile, young pacer Anshul Kamboj could debut for India amidst injury concerns in their pace attack. Rishabh Pant's return to wicketkeeping duties provides a significant boost as India aims to solidify their lead in the series.
Deepak Malhotra's Bollywood dream, launched by Yash Chopra's 'Lamhe' alongside Sridevi, turned sour due to a single scene and the repetitive utterance of "Pallo." The backlash derailed his career, costing him roles in films like 'Chamatkar' and 'Darr.
An ED special court convicted Abhay Srivastava, former Nalco CMD, his wife, and two associates for money laundering. They were found guilty of receiving bribes from contractors in exchange for a coal supply tender. The investigation revealed illicit funds were used to purchase and conceal gold bars, stored in a bank locker operated by Srivastava's wife.
England's veteran bowler, James Anderson, expressed humility about sharing a trophy name with Indian cricket legend Sachin Tendulkar. The new Anderson-Tendulkar Trophy, unveiled before the India-England Test series, will represent all future Test series between the two nations. Anderson admitted feeling "out of place" alongside Tendulkar, whom he holds in high regard, despite his own remarkable achievements.
India and the US are in trade talks. An American team will visit India in August. Both countries want an interim trade deal before August 1. Discussions covered agriculture and auto tariffs. India seeks preferential duties for its industries. The US wants lower duties on industrial goods. They aim to finalize the first phase by September-October.
The Supreme Court has sought a response from the Karnataka government regarding the death of five tigers in the MM Hills sanctuary. The incident, attributed to villagers poisoning a carcass consumed by the tigers, highlights the escalating human-animal conflict. The court directed the Union environment ministry to formulate a policy, in consultation with states, to address this issue.
La La Anthony, Carmelo Anthony's ex-wife, recently celebrated her niece's birthday with a heartfelt Instagram tribute, showcasing their close family bond. This came shortly after La La shared stunning swimwear photos. Meanwhile, Carmelo Anthony voiced his concerns about loyalty in sports, referencing Damian Lillard's situation with the Milwaukee Bucks. The two NBA stars previously played together on the Portland Trailblazers.