Author: Rucha Pramanick

 ‘Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to ₹5 Lakh.’- PM Modi After the Punjab and Maharashtra Bank fiasco, the depositors’ issues in cooperative banks have come to light. Previously, several urban cooperative banks have escaped scrutiny due to dual supervision from the RBI and State Registrar of Societies. Shaktikanta Das, The Governor, Reserve Bank of India, hinted at the possible regulatory changes to reform the banking scenario in urban India. These possible reforms are for urban cooperative banks that have been failing. Das warned the general public against investing in banks that offer high returns. The Governor hailed…

Omicron Scare: Pharma Major Moderna says its booster dose of Covid Vaccine effective against Variant Bharat Biotech, an Indian pharma company, has already sent its intranasal vaccine for phase-3 approval. Karnataka CM Basavaraj Bommai has imposed new restrictions on public gatherings for the new year by capping the occupancy of movie theatres and restaurants at 50% till 2nd January 2022. Stressing on the need for “greater foresight, data analysis, faster decision-making, and strict and prompt preventive action at the local and district level”, Mr Rajesh Bhushan, Union Health Secretary, wrote to the state ministers. “Omicron is at least 3 times…

Alia Bhatt, Ranbir Kapoor join SS Rajmouli for Brahmastra’s poster launch in Hyderabad.The Brahmastra team gathered in Hyderabad to launch its Malayalam, Tamil, Telugu and Kannada posters, following the colossal success of the Hindi poster launch in Delhi. On Saturday morning, Alia Bhatt, Ranbir Kapoor, director Ayan Mukerji and producer Karan Johar arrived to launch the poster. While Alia Bhatt looked stunning in a blue sequin jacket and matching mini skirt, Ranbir Kapoor wore a maroon tee and jeans. SS Rajamouli wore check shirt and trousers, and Nagarjuna opted for casual black attire. Karan Johar and Ayan looked classy as…

Prime Minister was “deeply touched” as His Majesty Jigme Khesar Namgyel Wangchuck conferred their highest civilian honour, Ngadag Pel gi Khorlo. An elated PM of Bhutan, Lotay Tshering, tweeted: “Overjoyed to hear His Majesty pronounce Your Excellency Modiji’s @narendramodi name for the highest civilian decoration, Order of the Druk Gyalpo.” Tshering said that through this act, His Majesty acknowledged India’s “unconditional friendship and support” throughout Bhutanese history, “particularly during the pandemic.” To this, PM Modi responded: “Thank you, Lyonchhen @PMBhutan! I am deeply touched by this warm gesture and express my grateful thanks to His Majesty the King of Bhutan.”…