Mumbai: RBI has proposed sweeping changes to deepen debt markets, allowing corporate bodies to lend in the term money segment – long dominated by banks and primary dealers – while widening their access to govt securities market. It has also introduced total return swaps in credit derivatives, which transfer a bond’s entire return to the…
Bengaluru: A Sri Lankan man was detained at Kempegowda International Airport (KIA) after trying to board a flight to London using a fake Canadian passport and forged immigration documents.The accused, identified as Sinnappu Subakaran, arrived at KIA on June 23 and completed departure formalities for a Singapore Airlines flight. However, officials later found that instead…
NEW DELHI: The US has assured India that access to critical artificial intelligence technologies will not become a challenge for trusted partners, IT secretary S Krishnan said on Thursday after discussions with US officials on the future of AI collaboration.The discussions come weeks after the US commerce department directed AI firm Anthropic to restrict foreign…
Bengaluru: Twelve men were arrested on charges of robbing Rs 17 lakh in cash from a trader after promising him to convert it into cryptocurrency.The arrests were made based on the complaint filed by Vishwas Y, 31, resident of Kodigehalli. A techie, Vishwas wanted to open a hotel near Sira on Bengaluru-Pune Highway and for…
Amazon CEO Andy Jassy has been with the company since 1997 and moved into his current role five years ago. On his first visit to India as chief executive, Jassy announced a further scale up in its investment and a ramp up of the quick commerce business to 300 cities. He also took time out…
Bengaluru: Residents of Sri Dhama Apartment complex in NGEF Layout of Sadanandanagar in east Bengaluru were left stunned after a thief stole 27 pairs of branded shoes, worth over Rs 1.3 lakh, in a pre-dawn theft recently.Sujeet Kumar TG, 50, a marketing professional, told police he found seven pairs of his shoes, worth around Rs…
Bengaluru: In a detailed clarification on observations made by the comptroller and auditor general (CAG) on the Gruha Lakshmi scheme, the women and child development department Thursday asserted the programme is being implemented transparently and in accordance with prescribed rules.Responding to audit findings related to payments made to deceased and allegedly ineligible beneficiaries, the department,…
CCB raid in Bendoor leads to arrest of trio for suspected MDMA sale Mangaluru: The CCB sleuths of Mangaluru City police have arrested three persons for allegedly attempting to sell MDMA in the city. The accused are Mohammed Nadeem,27, of Bengaluru, Umarul Farooq,30, of Someshwar Uchila, and Imtiyaz Ismail Kinya, 41, of KC Road, Mangaluru.Acting…
Ecuador vs Germany Live Score: Team news: Big guns return for Germany; Caicedo leads Ecuador The official lineups are out, and both managers are playing no games tonight. Julian Nagelsmann has named a formidable German XI, restoring the deadly creative trio of Leroy Sané, Jamal Musiala, and Florian Wirtz behind Kai Havertz. Meanwhile, Ecuador lines…
Mangaluru City police commissioner Sudheer Kumar Reddy administers an anti-drug pledge on the occasion of the International Day Against Drug Abuse and Illicit Trafficking at Kudmul Ranga Rao Town Hall, in Mangaluru on Thursday Mangaluru: The fight against drugs cannot succeed through policing alone, and will continue as long as sections of society resist efforts to curb…
