Shares of Indusind Bank Ltd tumbled 20% on Tuesday after the bank discovered discrepancies in its derivatives portfolio during an internal review. The detailed review revealed that the bank’s total assets are estimated to be adversely impacted by about 2.35% by December 2024, equivalent to a potential loss of Rs 1,530 crore. The bank’s total…
In a major crackdown on insurgent activities, Manipur Police arrested five active cadres of the proscribed insurgent groups KCP (PWG) and UPPK, who were allegedly involved in extortion and other illegal operations across the state.In a targeted operation, police arrested Shandham Romen Singh (39), an active member of KCP (PWG), from Samurou in Imphal West…
The Kuki-Zo Council (KZC), the apex body of Kuki-Zo tribals in Manipur, called an indefinite shutdown across all Kuki-Zo tribal inhabited areas from Saturday midnight against the resumption of the bus services and Meitei community people’s march towards hill areas. The KZC in a statement said that during the movement of buses from Imphal to…
New Delhi, Retail sales of electric passenger vehicles grew 19 per cent to 8,968 units in February, with Tata Motors topping the segment, according to data released by dealers’ body FADA.Total electric passenger vehicle retail sales stood at 7,539 units in the same month last year.Tata Motors sold 3,825 units last month, while MG Motor…
In a large-scale operation against illegal arms and ammunition, security forces have recovered 114 weapons, explosives, IEDs, and grenades across multiple districts in Manipur. The Indian Army and Assam Rifles, under the Spear Corps, conducted a series of coordinated raids in collaboration with the Manipur Police, CRPF, BSF, and ITBP to curb violence in the…
People handed over to the security forces more than 1,000 arms along with ammunition during the two-week provided to them for voluntarily surrendering looted and illegally held weapons in ethnic strife-torn Manipur, a police officer said on Friday, a day after the deadline ended. This figure, however, is provisional and the actual number of given…
The Mizoram government has fully utilized the ₹17.69 crore allocated for road maintenance during the 2024-25 financial year, Public Works Department (PWD) Minister Vanlalhlana informed the Assembly on Thursday. The minister stated that the cost of constructing 1 km of road varies based on specifications and road conditions, with an average allocation of ₹49,300 per…
The Federation of Civil Society (FOCS), a Meitei civil society organisation, has confirmed that it will go ahead with its planned peace march from Imphal to Senapati district on March 8, despite opposition from three Kuki organisations. FOCS president Th. Manihar stated that the march aims to promote harmony and is not intended to provoke…
Castrol India shares on March 6 recorded their biggest single-day rise in eight months amid talks of Saudi Aramco considering a possible offer for lubricants assets being sold by BP Plc.The world’s largest energy company is studying whether to bid for part or all of the business that operates under the Castrol brand name, Bloomberg…
New Delhi, March 5 Delhi has jumped to 18th spot among 100 cities globally in terms of annual price growth in the luxury housing segment last year, according to Knight Frank. Global property consultant Knight Frank’s ‘The Wealth Report 2025’ showed that the Prime International Residential Index (PIRI 100) value is projected to rise 3.6…
