2 min readMumbaiJul 15, 2026 01:20 AM IST The Reserve Bank of India (RBI) has proposed to grant a one-time approval for future acquisitions of major shareholding in a bank to eligible mutual funds, insurance companies and pension funds if their stakes fall below 5%. Once such approval is granted, these institutions will not need…
Ludhiana: Punjab agriculture minister Gurmeet Singh Khuddian Tuesday defended the state’s decision not to implement the Centre’s Pradhan Mantri Fasal Bima Yojana (PMFBY) in its present form, arguing that the scheme needs to be made more farmer-friendly before it can benefit Punjab’s cultivators.His remarks come amid criticism from Union ministers, including agriculture minister Shivraj Singh…
Vijayanagara: Lakhs of farmers across Vijayanagara district are staring at an uncertain future, with the Pradhan Mantri Fasal Bima Yojana (PMFBY) allegedly failing to provide compensation for crop losses suffered during the previous kharif and rabi seasons.Nearly 80% of the district’s farmers reportedly suffered extensive crop loss. The destruction was caused by a combination of…
Chief minister V D Satheesan Thiruvananthapuram: Chief minister V D Satheesan on Monday told the assembly that health and finance departments have been entrusted with preparing and implementing the Oommen Chandy health insurance scheme, which is aimed at reducing the financial burden of medical treatment on ordinary people.Rejecting criticism that the scheme would lead to…
Guwahati: Nagaon Police on Saturday arrested a professor of Nagaon Medical College and Hospital for allegedly taking bribes to manipulate post-mortem reports, officials said.The accused, Dr Manoj Kumar Sinha, worked in the forensic department and allegedly altered autopsy reports to help some families claim money from insurance companies. Officials alleged that when money was not…
