Demand for personal and vehicle loans, including two-wheelers and four-wheelers, has surged by 12% in the past 4 months, according to a report by Teamlease Services. As the festive season approaches, India’s Banking, Financial Services, and Insurance (BFSI) sector is gearing up to manage increased customer activity and transactions. Financial institutions focus on building a skilled workforce to deliver efficient customer service and enhance digital banking operations. Job opportunities in retail lending, microfinance institutions (MFI), and payment services are on the rise, driven by the festive shopping season from Ganesh Chaturthi in September through November. The report projects that job…
Author: Editor's Desk, Tattva News
By Nava Thakuria As the National Register of Citizens (NRC) updating process in Assam embraced corruption and malpractices, the issue often drew media attention across India and lately Assam chief minister Himanta Biswa Sarma added another dimension advocating for a countrywide NRC. The outspoken saffron leader argued that the illegal migrants are not confined to Assam alone as they can move to other parts of the country and settle down there as legitimate citizens. He also opined that the issue of NRC should be discussed in the Parliament for a pragmatic way of actions. One can remember that on the…
Polling for the final 40 seats in the third and largest phase of the Jammu and Kashmir Assembly elections wrapped up Tuesday, with a voter turnout of 68.72per cent. The highest voter turnout of 73.45 per cent was recorded in Samba district, while the lowest – 55.73 per cent – was witnessed in Baramulla. In contrast to the first two phases of polling, the bulk of the seats in the third — 24 seats — are in the Jammu division, while 16 are in Kashmir. Results will be announced on October 8. The vote turnout is surpassing the Lok Sabha poll…
Putting cold water on the ambitions of Eknath Shinde and Ajith Pawar to become next Chief Minister of Maharashtra, if Mahayuti alliance will return power in the forthcoming assembly elections, Union Home Minister Amit Shah made it clear that the next chief minister will be from the BJP. Expressing confidence that the Mahayuti alliance will form its government again in the state, he claimed that no party has to strength to stop BJP from happening. His remarks came while attending a meeting with the BJP leaders in Mumbai ahead of the state Assembly polls, the schedule of which is yet to be…
Karnataka Chief Minister Siddaramaiah on Tuesday hardend his position on the allegations related to the Mysore Urban Development Authority (MUDA) land scam. He once again reiterated that he would not resign, identifying himself as a self-witness in the matter. He also distinguished his situation from that of BS Yeddyurappa, stating that the former Chief Minister’s case involved land denotification, while he was not involved in such matters. He further expressed his intent to address the situation legally, regardless of investigations by the Enforcement Directorate or other entities. “BS Yeddyurappa’s case and mine are different cases. He did denotification of land and…
India’s consumer durables market is projected to reach US$ 59.96 billion (Rs. 5 lakh crore) by FY30, positioning it as the fourth largest globally by 2027, according to the Confederation of Indian Industry (CII). Chairman of the CII National Committee on Consumer Electronics and Durables, Mr. B. Thiagarajan, emphasized the importance of establishing a robust quality ecosystem and adopting standardization in the sector while exporting Indian standards worldwide. Speaking at the CII Consumer Electronics & Durables Summit 2024, Mr. B. Thiagarajan, the Chairman and Managing Director of Blue Star Ltd, highlighted the upcoming decade’s potential for creating numerous opportunities across…
The Enforcement Directorate (ED) on Monday filed a case against Karnataka Chief Minister Siddaramaiah and others in a money laundering case related to the Mysuru Urban Development Authority (MUDA) scam. While taking cognisance of a recent state Lokayukta FIR, the central probe agency has filed an enforcement case information report (ECIR) to book Siddaramaiah and others. Hours after the Enforcement Directorate (ED) on Monday booked Karnataka Chief Minister Siddaramaiah in a money-laundering case, his wife has offered to surrender 14 plots of land allotted to her by the Mysuru Urban Development Authority (MUDA). In a letter addressed to the MUDA…
In a relief for Union Minister Nirmala Sitharaman, the Karnataka High Court paused an investigation related to the electoral bond extortion case for now. The single-judge bench of Justice M Nagaprasanna ruled that under Section 286 of the Bharatiya Nyaya Sanhita (BNS), which deals with extortion, certain key elements must be present, including a direct threat and a complaint from the affected person. The court further observed that no such threat was made against the complainant, and the magistrate’s order did not consider the specifics of extortion. The court interim order stays on the investigation until the next hearing, which…
Urgent action on climate finance is one of the International Trade Union Confederation’s (ITUC) central demands ahead of November’s COP29 climate summit. As the world moves towards low-carbon economies, climate finance is key to ensuring a Just Transition for workers, particularly in the Global South. Governments attending COP29 in Baku, Azerbaijan from 11 to 22 November, will be making critical decisions on scaling up climate finance. Trillions of dollars will be needed annually to support developing countries transition to sustainable economic models. Such funding must prioritise supporting workers and ensuring social justice. At the opening of Climate Week in New York, USA,…
Maharashtra government on Monday declared desi (indigenous) cows as ‘Rajyamata-Gomata’ considering factors like their significance since Vedic period, an official notification said. The other factors include the importance of indigenous cow milk in human nutrition, ayurvedic and panchgavya treatment and use of cow manure in organic farming, the government resolution, issued by the state Agriculture, Dairy Development, Animal Husbandry and Fisheries Department said. The decision, which comes ahead of the state assembly elections, underscores the cow’s spiritual, scientific, and historical significance in Indian society, an official said. It highlights the integral role that cows have played in India’s cultural landscape…