Assorted

Mumbai, Aug 21: The Reserve Bank of India (RBI) deputy governor Viral V Acharya on Monday called for enacting a special law to enable the proposed public credit registry (PCR) to come into being, and said this can go a long way in resolving the deep data asymmetry in the financial system which in turn can help prevent bad loan pile-up. With a low credit-to-GDP ratio of a modest 55.7%, the country...

Kasaragod, Aug 21: District Collector D. Sajithbabu has warned against moves to solicit compulsory collection of relief materials from individuals and households for the flood-hit families. The Collector’s order comes against the backdrop of reports quoting the District Police Chief here that some individuals and organisations under fictitious names are found to be duping people by collecting...

New Delhi, Aug 18: US-based retail giant Walmart Inc today said it has completed deal with Flipkartand now holds 77 per cent stake in the Indian e-commerce major. Besides, the Bentonville giant’s investment includes USD 2 billion of new equity funding to help accelerate the growth of the Flipkart business. “With the completion of the investment, Walmart now holds approximately 77 per cent of...

Mangaluru, Aug 18: Two persons have been feared drowned in different streams in Paduperar in Bajpe police station limits on the outskirts of the city on Thursday. Chandrahas Shetty, 53, a farmer, had reportedly gone to Dambegundi stream near his farmland to retrieve coconuts from the stream. He reportedly slipped and was carried away. A missing complaint has been filed. Diwakar, 32, a labourer...

Surat, Aug 15: With the country engrossed in the celebrations of the 72nd Independence Day, one of the longest national flags in the country was on Wednesday unfurled in Gujarat's Surat city. An 1100 feet-long, 9 feet-wide tricolour flag was unfurled with thousands of people taking part in a 5 km-long 'Shaan-e-Tiranga' rally, organised by the Agrawal Vikas Trust. The idea behind the rally was to...

Idukki, Aug 12: A pet dog turned out to be the saviour of its master and his family when the animal woke them up at 3 am, minutes before their house collapsed in a landslip at a hamlet in this high range district of Kerala. As 'Rocky' yelped and made disturbing sounds, Mohanan and his wife woke up and tried to find out what was wrong. They soon heard a thunderous noise and ran out of their house...

Washington, Aug 12: NASA's Parker Solar Probe, mankind's first mission to 'touch' the Sun, has been launched on Sunday on a seven-year-long journey to unlock the mysteries of our star's fiery outer atmosphere and its effects on space weather. Liftoff took place from Space Launch Complex 37 at Cape Canaveral Air Force Station in the US early on Sunday. The launch of the United Launch Alliance Delta...

Washington, Aug 11: Microsoft's Indian-origin CEO Satya Nadella has netted over USD 35 million after selling almost one-third of his common shares in the software giant. Nadella sold 328,000 shares in multiple trades at prices ranging from USD 109.08 to USD 109.68 as the stock trades near a record price. The stock sale, disclosed in a regulatory filing on Friday, netted Nadella more than USD 35...

Padubidri, Aug 10: Around five months after he met with an accident, P M Aboobakar, a resident of Kanchinadka Padubidri, breathed his last at his residence. He was 75. He was popularly known as "Abukaraaka" and was very familiar through his social and religious activities. He was known for voluntarily performing ghusl-e-Janazah of many people in his locality. He had sustained severe injuries in an...

Kasaragod, Aug 9: The Bharatiya Janata Party (BJP) was on Wednesday unseated in the Enmakaje grama panchayat with the Left Democratic Front (LDF) supporting a no-confidence motion moved by the United Democratic Front (UDF). The UDF had 7, LDF 3, and the BJP 7 members in the council. The BJP was governing the panchayat after the party won a draw of lots after the 2015 local body polls. The motion...