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RBI nudges reluctant lenders to raise savings deposit rates

MUMBAI, Oct 25 (Reuters) – RBI is keen that banks pass on the benefits of higher interest rates to account holders by raising the rates they offer on savings’ deposits, but lenders are pushing back in a bid to bolster margins, several banking sources said. Savings accounts are low interest rate-bearing deposits offered by Indian banks, forming a third of their total deposits. The Reserve Bank of India (RBI), which has increased the policy repo rate by 250 basis points to 6.50% in the last fiscal year, wants to ensure a more complete transmission of monetary policy, a source familiar

“Centre using senior officers for propaganda not right”, says Congress chief Kharge

Kalaburgi (Karnataka) [India], October 25 (ANI): Congress president Mallikarjun Kharge on Wednesday hit out at the Bharatiya Janta Party-led Centre over its “saturation drive” saying that the government deploying senior officers for propaganda of their programs is not right and has never happened before. As per a purported government order, dated October 18, under the Centre’s saturation drive senior bureaucrats will be deployed as “Rath Prabharis” across the country to showcase the achievements of the 9 years of the government. The Congress chief wrote a letter to PM Modi on Sunday urging him to withdraw the order immediately. “I wrote

Heart damage: Another reason to cut down on children’s screen time

Heart damage Another reason to cut down on children’s screen time

In today’s digital age, screens have become an integral part of our lives, especially for children. While technology offers numerous benefits, excessive screen time during childhood can have profound effects on neurological development, socialization, and even heart health. In this comprehensive blog post, we will delve into the various aspects of this issue, exploring how screen use impacts children’s lives and why it’s crucial to address this growing concern. How Excessive Use Affects Childhood Development could bring major Heart damage The effects of prolonged screen use during childhood have been extensively studied in recent years. Evidence indicates that excessive screen

Israel strikes Gaza, Lebanon overnight; Netanyahu convenes generals

GAZA/JERUSALEM, Oct 23 (Reuters): Israel bombarded Gaza with air strikes early on Monday and its aircraft struck southern Lebanon overnight, as Israeli Prime Minister Benjamin Netanyahu convened a meeting of his top generals and his war cabinet to assess the escalating conflict. Israel’s attacks concentrated on the Gaza Strip’s centre and north, Palestinian media reported. A strike on a house near the Jabalia refugee camp, in northern Gaza, killed several Palestinians and wounded others, according to media reports. Health authorities in Gaza said at least 4,600 people were killed in Israel’s two-week bombardment that began after a Hamas Oct. 7

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