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Indian political parties woo women voters with cash handouts amid economic woes

NEW DELHI, Nov 13 (Reuters) – Indian political parties are increasingly targeting women voters with fiscally draining handouts of cash around the time of elections to counter wider worries about inflation and the lack of jobs, analysts say. A greater turnout of women voters in the past decade has reversed a trend of men easily outnumbering women. Political parties have competed to attract them, even as inflation hit a 14-month peak in October and unemployment stays high, at 8.9%. Regional governments run by both Prime Minister Narendra Modi’s party and the opposition are offering or planning such efforts to lure

SBI, HDFC Bank, ICICI Bank remain Domestic Systemically Important Banks in 2024: RBI

Mumbai, Nov 13 (PTI) State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs. Inclusion in the list requires the lenders to maintain higher Common Equity Tier 1 (CET1) in addition to the capital conservation buffer as per the bucket under which it has been classified. The State Bank of India (SBI) continues to be in bucket 4, which will require the country’s largest lender to keep an additional CET1 of 0.80 per

Properties can’t be demolished merely because someone is accused or convict: Supreme Court

New Delhi, Nov 13 (PTI) Coming down hard on instant ‘bulldozer justice’, the Supreme Court on Wednesday laid down pan-India guidelines on demolition of properties and said the Executive cannot become a judge, declare an accused as guilty and demolish his house. A bench of Justices B R Gavai and K V Viswanathan said it will be “totally unconstitutional” if houses of people are demolished merely because they are accused or even convicts. Pronouncing the verdict, Justice Gavai said it is not a happy sight to see women and children on streets overnight. The bench directed that no demolition be

Brisk polling in first 3 hrs of LS polls in Wayanad; 20.54 per cent turnout till 10.30 am

Wayanad/Thrissur(Kerala), Nov 13 (PTI) Brisk polling was seen in the Wayanad Lok Sabha and the Chelakkara assembly seats in Kerala as they witnessed a turnout of 20.54 and 19.08 per cent, respectively, after the first three hours of voting on Wednesday. The election process, held amidst tight security arrangements, was primarily incident-free except for electronic voting machine (EVM) breakdowns reported in some booths of Wayanad and Chelakkara. The EVM breakdowns were reportedly quickly addressed by the election officials. The voter turnout in Wayanad LS constituency was 13.7 per cent at 9.30 am, barely rose to 13.91 per cent at 10

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