Nirmala Sitharaman asks banks to stay vigilant, ensure services as border tensions soar

[ad_1] New Delhi: Finance Minister Nirmala Sitharaman has instructed Indian banks to bolster their operational and cybersecurity preparedness, especially in border regions, as tensions with Pakistan escalate. During a Friday meeting with financial sector leaders, she stressed the need for uninterrupted services and prioritized the safety of bank staff and their families.Ā  Senior officials from…

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Remain fully alert to deal with any crisis: FM Nirmala Sitharaman to banks amid India-Pakistan tensions

[ad_1] Amid ongoing conflict with Pakistan, Union Finance Minister Nirmala Sitharaman on Friday asked banks to remain fully alert to deal with any crisis, and noted that the country’s banking and financial system remains robust and resilient. Sitharaman made the remark during a high-level meeting with the managing directors and CEOs of public and private…

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India-UK free trade agreement to take effect more than three months later, UK’s carbon tax deferred

[ad_1] ā€œThe agreement text will be publicly released only after this phase is completed,” one of the officials said. ā€œBoth sides will review each chapter, and the FTA will not take immediate effect due to procedural formalities.”Ā  Legal vetting or ā€˜scrubbing’ is the final review of a trade agreement’s text to ensure legal clarity, consistency,…

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Pakistan must step back from the brink of worse

[ad_1] The horrific attack of 22 April by terrorists on tourists in Pahalgam, Kashmir, took New Delhi’s patience past yet another breaking point, the last being in 2019. The Indian military response was aimed squarely at terror set-ups and should be seen not just as retaliatory, but as a calibrated move to secure long-term progress…

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Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on May 7

[ad_1] Gold prices in your city, May 6: Amid India’s precision strike missile attack on nine terror targets in Pakistan and Pakistan-occupied-Kashmir (PoK) today dubbed as ā€˜Operation Sindoor’, the Indian stock markets have shown remarkable resilience on May 7. According to experts, this is due to a confluence of factors like strong domestic demand, government…

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AI application startups in India set to get more investments from VC firms Accel, Peak XV, Lightspeed

[ad_1] ā€œWe are seeing a lot more application-layer pitches from founders. Our investments will likely be weighed more heavily there,” said Hemant Mohapatra, a partner at global VC firm Lightspeed Venture Partners. ā€œWe’re very active in the market.”Ā  It’s a sentiment that’s echoed by the largest VC firms in the Indian market including Lightspeed, Accel…

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Operation Sindoor: Pakistan terror camp, where Ajmal Kasab and David Headley trained, destroyed

[ad_1] India-Pakistan news, Operation Sindoor: The nine targets struck under ‘Operation Sindoor’, four in Pakistan and five in Pakistan-occupied-Kashmir, were chosen by the IAF after receiving intelligence inputs about terror camps operating under the guise of health centres to evade detection at these sites, officials said on Wednesday. Those targeted in the missile strikes launched…

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