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Despite zero MDR, RuPay transactions start slipping

According to the Pradhan Mantri Jan Dhan Yojana (PMJDY) website, the total number of RuPay cards issued so far stands at over 290 million.




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Short-term impact of COVID-19 will be severe in all segments: K Paul Thomas, CEO, ESAF

ESAF has more than 96% of its exposure in the micro-segment with the average ticket size of the loan being Rs 33,000.




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TARP or bad bank needed to help NBFCs, MFIs: Experts

Ananth Narayan, professor-finance at SPJIMR, believes that while TLTRO 2.0 is welcome, it does not address the core issue.




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SBI Cards & Payment Services reports outstanding borrowing at Rs 17,363 cr at FY20-end

The credit card company, promoted by the country's largest lender SBI, said the borrowings at the end of the previous fiscal were provisional and subject to audit.




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NBFCs, MFIs to see Rs 50-60k cr funding gap on lack of moratorium: Report

With the first targeted long-term repo operations (TLTRO) 2.0 failing fresh funding or refinancing to the sector from this route is unlikely to exceed Rs 10,000 crore unless there is a significant change in the banks' response in the second tranche, it said.




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Bank advances grow 7.2%, deposits rise 9.45% in fortnight ended April 10

In the fiscal ended March 31, 2020, bank loans had decelerated to 6.14 per cent, a near five-decade low, due to slower economic growth, lower demand and as banks remained risk averse.




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NBFC and MFIs’ funding gap to further increase to Rs 15k-25k crore: Acuité Ratings

However, if collections don’t revive rapidly for the NBFCs and MFIs in particular within this period, the liquidity challenges may continue and will necessitate longer term funding,” the firm said.




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Over Rs 68,600 cr loans of wilful defaulters, including Mehul Choksi, Vijay Mallya firms, written off: RBI in RTI reply

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.




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Top 50 wilful defaulters caused write-offs worth Rs 68,600 crore: RBI

In a response to an RTI filed by Saket Gokhale, the central bank declined to offer names of wilful defaulters as on February 16, 2020, stating that this data is not available.




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RBI makes it easier for banks to support mutual funds

On Thursday, the RBI said banks would be eligible for regulatory benefits irrespective of whether they supported MFs with resources from the special window or otherwise.




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NPAs of BoB, Indian Bank surge multi-fold in 6 years: RTI data

The number of NPA accounts rose from 2,08,035 as on March 31, 2014, to 6,17,306 as of December 2019.




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PSB NPAs likely to rise 2-4 per cent points; may push govt to recapitalise via RBI reserves, bonds: Report

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.




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Yes Bank creates stressed asset management vertical to resolve NPA accounts

This will lead to the share of retail and small business loans to grow to a level of 60 per cent in the next two years from the current 44 per cent, he said.




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Golden Chariot is Now Available for Charter at $70000 (3.5 Million INR)

Karnataka Tourism’s flagship luxury train, the Golden Chariot is now available for charter at only $70000 (Rs. 3,500,000). The minister said: “Around 80 tourists can travel in the train per tour. By introducing the charter service, private individuals or organizations can have...



  • Thu
  • 25 Oct 2012 00:00:00

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Deccan Odyssey Announces New Departure Dates for the Season

One of the premier luxury trains in India, the Deccan Odyssey, has announced revised departure dates for the remaining of the season. This luxury train will run for 4 more times before completing its 2012-13 season in April 2013. Dubbed India’s Blue Train, the Deccan Odyssey offer weeklong...



  • Tue
  • 18 Dec 2012 00:00:00

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Indian Luxury Trains Adds ‘Fairy Queen’ to its Portfolio

Indian Luxury Trains (ILT), India’s first luxury train portal, is all set to add the Fairy Queen  train, India’s oldest running steam locomotive, to its portfolio. The Fairy Queen train was jolted down last year following the vandalizing & stealing of the brass parts of this...



  • Fri
  • 21 Dec 2012 00:00:00

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ISRO’s most reliable partner HAL delivers ‘Made in India’ L-40 stage for GSLV-MKII

Besides the Integrated L-40 stages, HAL is also manufacturing the riveted structures, propellant tanks, feed lines of PSLV, GSLV MKII and GSLV MKIII launch vehicles and structures of various satellites for the space agency.




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Minimoon found orbiting Earth! Here’s all you need to know about 2020 CD3

The discovery was announced by the Minor Planet Center on Tuesday. So far, the astronomers do not have enough data to establish what the minimoon is made of.




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Global warming: De-carbonising global economy to avert climate change

The advantage of Economic Decarbonisation is that it intertwines with the modernization of all industries. Excessive dependence on fossil fuels does more damage than good, it may guarantee temporary energy security but the side-effects are way too disastrous to continue using this as ‘energy- steroids’.




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Moon’s own ‘big bang’? Study reveals story behind formation of Earth’s moon, mysterious ‘Theia’ role in it

Have you ever wondered why the moon is always there next to Earth? How did it come into existence and what is its relation to the Earth?




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Large asteroid approaching Earth! How dangerous will it be? NASA answers

The space rock will pass the earth at a distance 4.6 times of distance between the Moon and Earth.




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Russia earthquake: 7.5 magnitude quake in north Pacific prompts tsunami watch for Hawaii

The Pacific Tsunami Warning Center said hazardous tsunami waves were possible within 1,000 kilometers (600 miles) of the quake's epicenter.




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Coronavirus Lockdown: After improvement in air quality, scientists record drop in seismic vibrations under Earth surface

The report claims that the development could help seismologists detect earthquakes of even very small magnitude, signals of which were earlier drowned in the cacophony produced by various activities.




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Wow! Volcanic rocks from Earth’s ocean could hold key to finding life on Mars! Here’s how

Geo-microbiologist Yohey Suzuki says clay minerals can be considered 'magic material on Earth' one can always find microbes living in them.




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COVID-19 lockdowns didn’t make Earth shake less, but improved quake detection, scientists say

Seismic noise is a relatively persistent vibration of the ground that is usually an unwanted component of signals recorded by seismometers, according to the scientists.




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Experts say coronavirus lockdown may reduce greenhouse gas emissions, but it’s only temporary

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.




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Blue skies, reduced emissions only temporary, won’t benefit environment in long run, say experts

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.




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Second Earth? Data from NASA’s Kepler telescope helped discover exoplanet with habitable conditions; details

The planet, being called Kepler-1649c, was discovered by the team when they were looking through the data of previous observations from the Kepler telescope, which had been retired by NASA in 2018.




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New ‘Earth-like’ Exoplanet Kepler-1649c found! Scientists analyze if it can sustain life

The less distance from Kepler 1649 c's host red-dwarf star, scientists believe, puts the exoplanet in the habitable zone where liquid water could exist on the world's surface.




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Scientists discover new ‘Super Earth’ in six-planet system

"The discovery of this exceptional system has been made possible thanks to the acquisition of a great number of measurements, as well as a dramatic improvement of the instrument and of our signal processing techniques," said Francois Bouchy, a professor at the University of Geneva (UNIGE) in Switzerland.




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PM Modi’s inspiring message on Earth Day: A shout out to all working at forefront to defeat COVID-19

PM Modi also said let us pledge to work towards a cleaner, healthier and a more prosperous planet.




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Coronavirus impact: As people stay home, Earth turns wilder and cleaner

Nitrogen dioxide pollution in the northeastern United States is down 30 per cent. Rome air pollution levels from




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Huge asteroid 1998 OR2 will fly past Earth on Wednesday, no chances of danger to earth; details

According to NASA, they have identified and tracked over 90 percent of the asteroids near the Earth (NEAs) with a minimum width of 1 km, which is big enough to be a threat to the humans if they line up with the Earth.




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Everest-sized Asteroid to pass by Earth! Check time of intersection, concerns and all other details

NASA's Near-Earth Object Studies Center has classified the asteroid 1998 OR2 as the 'potentially hazardous object' as it flies at regular intervals past Surface's earth. In particular, about 125 other objects were found to be potentially hazardous.




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NASA astronaut Sunita Williams to Indian students stuck in US: Stay home, reflect and be part of something bigger

During a virtual interaction, she compared the Indian students' experience to her being in space in a spacecraft “where you don't get to go, see your family and friends and give them a real hug.”




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Rights on property registered on settlement deed

Family consisting of Old aged parents with 3 children (1-daughter & 2-sons,), all 3 are married living separately with their successors. Elder son purchased a house in year 2005 out his own earnings & later in year 2013 due to family disputes viz. Divorce & DVC with his wife transferred the said house in the name of his mother through registered settlement deed. Presently, all his cases are disposed. Please clarify (1) whether his sister, brother or their children/successors has any right to claim the above said house as the same is presently in the name of his mother. (2) Should he make a fresh settlement deed & transfer back the house on his name to avoid any future disputes from his siblings or their successors.




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Court marriage

I am a muslim adult boy. How can marrie my relative who is my niece (elder Brothers daughter)




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Decision of supreme court bench gs singhvi,gopal gowda.2010

In 2010 recruitment of third gred teacher in Sanskrit Department of Rajasthan the rajasthan High court passed a order on 2 august to dismiss 3rd gred teachers after servicing more than 6 month in sanskrit dept.due to merit list changed by RPSC.This order challenged in supreme court & honorable bench of judge G S SINGHVI ,GOPAL GOWDA & C. NAGAPPaN passed stay order in september 2013 against high court`s dismiss order& issued notice .How Can i know what will happened the final decision of supreme court since it has been long time .




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Tds under dtaa between uae and india on property sale by nri

AN NRI WANTS TO SELL HIS PROPERTY IN INDIA. UNDER I. TAX PROVISIONS THE BUYER IS SUPPOSED TO DEDUCT TDS @ 20% . WHETHER A LOWER RATE IS THERE UNDER THE data BETWEEN UAE AND INDIA?




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Tds rate under dtaa between uae and on property sale by nri

IN MY PREVIOUS QUERY THE WORD SHOULD BE DTAA AND NOT DATA.. THANKS.




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Father bought property in minor son's nam

Hi My father bought property in the name of 3 minor sons . it was a agricultural land. my father paid for the land. We were 5 7 and 11 years old respectively. Now after 20 years my father wants to sell the property because of financial problem. all 3 children are now adult but elder brother is refusiing to sell his share in property. Younger 2 child has already signed for sale but elder brother is refusing to sign because of issues with father. What can be done in this case? does my father have right to sell the property and how




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Regarding 84 c kalam and agriculturist certificate

My father had bought land in Pune in 1987 and 7-12 of the land has Ku.Ka. 84 Kas Patra remark on it. In 2017, we sold same land to other person. Now he is asking for our Agriculturist Certificate to transfer 7-12 on his name but we do not have any agriculturist certificate as nobody from our has any farmland. Can i get Agriculturist Certificate if my wife has agriculture land on her name. Please advice. Thank you.




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Ancestral property fresh suit?

Hello Lawyers... My mother did filed a civil suit for claim of ancestral property against my maternal grandfather in the year 2014 (SUIT FOR DECLARATION) only. But the Lawyer was not able to prove the case and the suit was dismissed for the reason that " Ancestral nature of the property is not proved". After that she didn't filed any revision or appeal. It's been 4 years. My Question is " Can My sister and I file the fresh suit again and start the fresh case from beginning , Will the previous case hurt this case? 2.If yes, then when should we file the case ( Very soon or we can demand our share at any time in our life?). What should we do? pl guide the right approach....




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How to respond final report

Dear Experts I have lodge a FIR in which I.O. has been submitted Final Report but I have some material documentary evidence which IO keep set aside. I want to know remedies available for me I do not want re Investigation can I proceed in court directly by converting FIR to complaint case. Thank You




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Legal opinion from experts

Hello Experts, I want a legal opinion. I was having a conversation with my friend and he told me that in certain situation clear title of property can be transferred from one person to another without Registry and without paying any stamp duty. eg. Partnership firms property. If a Plot is owned by a partnership firm with some partners. If the plot is brought by reconstituting the partnership firm by getting our names added in the partnership firm and retiring the existing partners in the partnership firm. By this process--- PLOT CAN BE BROUGHT BY NOTARISED PARTNERSHIP DEED ONLY NO REGISTY IN SUB REGISTRAR NEEDED NO STAMP DUTY HAS TO BE PAID TO GOVERNMENT . CLEAR TITLE WILL BE TRANFFERED BY THIS PROCESS I Don't what law says, BUT IS IT REALLY TRUE??????




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Parental property transferred by sons with false means

Hi Team, I am from Delhi. The issue is as subjected. My brothers got the NOC signed just after the death of my father (in 1981) and, claimed to transfer property to Mother’s name. Now, when our Mother died recently (Feb’2020), I got to know that they have transferred the property in their names (2 person) already. But, they have not informed me. Please suggest if I can claim my share.




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Mehbooba Mufti doesn’t meet PDP panel: Kashmir bigger than party issues

Underscoring that the situation in Kashmir is bigger than party issues, People’s Democratic Party (PDP) chief Mehbooba Mufti refused to meet a delegation of her party members.




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An out-of-this-world experiment in ‘Spaceship Earth’

Straightforward but compassionate, Wolf’s film affectionately documents the heady people and ambitious ideas that fuelled Biosphere II, relating an almost too-perfect metaphor for our feeble -- and perhaps doomed -- efforts to escape our own self-destructive nature



  • Movies & TV

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Lockdown movie strikes eerie note at German virtual film festival

Friederich imagine a world where an oppressive state has locked down all gatherings of people to minimise risk from a nebulous threat



  • Movies & TV

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Supreme Court says Virtual Courts are not against the concept of Open Court Hearing

In a recent plea by Bar Council of India chairman to Chief Justice of India, it was advised against continuation of hearing via video-conferencing after the lockdown ends, to maintain judicial transparency. The Supreme Court in a press report has sai