Government holding in Indian Overseas Bank (IOB) has declined to 92.44 per cent following the completion of the offer-for-sale (OFS), with the Centre diluting a 2.17 per cent stake in the state-owned lender, the bank said in a regulatory filing on Saturday, PTI reported.Prior to the stake sale, the government held 94.61 per cent equity…
West Bengal CM Mamata Banerjee NEW DELHI: The West Bengal government on Saturday officially renamed its flagship 100-day employment scheme, ‘Karmashree’, to ‘Mahatmashree’ in honour of Mahatma Gandhi.The notification follows West Bengal chief minister Mamata Banerjee’s announcement two days earlier, amid the row over the central government renaming the Mahatma Gandhi National Rural Employment Guarantee…
It’s become fashionable of late to dismiss bitcoin’s BTC$88,156.95 four-year cycle — and the inevitable boom and bust it brings — as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of dismissing the four-year cycle. Each noted the ETFs along…
Power Minister Manohar Lal has held consultations with a panel of Members of Parliament on the proposed Electricity (Amendment) Bill, 2025, as the government seeks feedback on changes aimed at strengthening India’s power sector framework, PTI reported.MPs from various political parties in both the Lok Sabha and Rajya Sabha participated in the meeting of the…
NEW DELHI: The Supreme Court Bar Association (SCBA) on Saturday issued a letter expressing its “strongest condemnation” of the recent incident in Bihar in which CM Nitish Kumar pulled down the hijab of a woman doctor during a public ceremony.The incident, which occurred on December 15 at the chief minister’s secretariat in Patna during the…
Left- AI generated reperesentative image; Right- Ruchir Sharma (File photo) The global economy has entered a phase where artificial intelligence has become the dominant force shaping growth, markets and policy, with the US now the most exposed to both its promise and its risks, according to economist and investor Ruchir Sharma.“This big factor has out-Trumped…
Jammu and Kashmir CM Omar Abdullah (PTI) NEW DELHI: Jammu and Kashmir chief minister Omar Abdullah on Saturday defended Leader of Opposition in the Lok Sabha and Congress leader Rahul Gandhi after the BJP accused him of meeting “anti-Indian forces” during his visit to Germany.Speaking to reporters, Abdullah said that travelling abroad, meeting people outside…
Spot bitcoin ETF investors may have shown themselves to be anything but momentum chasers this year. While it’s no secret that BlackRock’s iShares Bitcoin Trust (IBIT) has been a wild success since it opened for business in January 2024, data compiled by Bloomberg’s crack ETF analyst Eric Balchunas shows that success in another light. So…
Nearly 70 per cent of real estate developers expect housing prices to rise by more than 5 per cent during the 2026 calendar year, driven by sustained demand, according to a sentiment survey conducted by industry body CREDAI and property data analytics firm CRE Matrix, PTI reported.The survey, conducted in November and December with responses…
NEW DELHI: On this day in 1988, India lowered the voting age from 21 to 18, expanding voter participation and strengthening universal adult franchise in the world’s largest democracy. The 61st Constitutional Amendment, enacted under Article 326, brought millions of young citizens into the democratic process.Introduced by the government led by the then Prime Minister…
