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Government plans minority stake sale in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, source says

November 19, 2024
Finance

NEW DELHI, Nov 19 (Reuters) – The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country’s markets regulator, a government source told Reuters. The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India, Indian Overseas Bank, UCO Bank and Punjab and Sind Bank, the source said. The Indian government owns more than 93% in Central Bank of India, 96.4% in Indian Overseas Bank, 95.4% in UCO Bank and 98.3% in Punjab and Sind

One dead as renewed unrest erupts in Manipur

November 18, 2024
Politics

GUWAHATI, India, Nov 18 (Reuters) – At least one person died in the past 24 hours during a third straight day of ethnic unrest in the troubled eastern Indian border state of Manipur, a government official said on Monday. The state of 3.2 million people, which borders Myanmar, has been hit by a fresh spate of violence over the last week, part of long-standing strife between its ethnic Kuki and Meitei communities. The bloodshed has killed at least 250 people and displaced 60,000 people in the region since May last year. Late on Sunday night, Meitei residents in the Jiribam

Centre to modernise online public grievance redressal system with AI says Jitendra Singh

November 18, 2024
General

New Delhi, Nov 18 (PTI) Union Minister Jitendra Singh on Monday said that the Centre’s online public grievance redressal system will be further modernised using next-generation technologies, including Artificial Intelligence (AI). Addressing a National Workshop on Effective Redressal of Public Grievances through a virtual platform, Singh highlighted that the average time for grievance resolution has dropped from 30 days to just 13 days and it “will soon be reduced further”. The Minister of State for Personnel underscored this achievement as a testament to the government’s commitment to responsive and citizen-centric governance under leadership of Prime Minister Narendra Modi. Singh said

Eating two to four eggs a week could reduce cholesterol and boost brain health: Study

November 18, 2024
Health

A humble food item egg has been linked to lower cholesterol levels and improved brain health, according to a study. The research, conducted at UC San Diego, analysed the health effects of eggs on 890 participants. It was found that consuming between two and four eggs per week was associated with reduced blood cholesterol levels. The study, which began in 1988, tested three aspects of cognitive function in middle-aged or older adults over a four-year period, as reported by Science Alert. Among the 533 women who participated, those who ate more eggs showed less decline in short- and long-term memory.

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A man walks past the Reserve Bank of India (RBI) logo outside its headquarters in Mumbai, India, June 6, 2025. (Photo: Reuters)

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