Jammu and Kashmir Bank has announced plans to sell a 0.5 per cent stake in PNB MetLife India Insurance Company to MetLife International Holdings, LLC, for ₹120.1 crore. The proposed transaction involves the sale of 10.25 million equity shares of the life insurance company at a price of ₹117.20 per share. The bank’s board had…
India’s premier private sector banks are undergoing a historic structural shift, shedding more than 7,700 jobs in the last financial year as heavy investments in artificial intelligence and digital infrastructure successfully streamline routine backend operations. According to annual reports for the financial year ending in 2026, the country’s largest private lenders—including HDFC Bank, Axis Bank,…
Hundreds of members of the Kuki community staged a protest rally across Manipur’s Kangpokpi district on Tuesday, demanding the immediate release of three community leaders arrested in connection with the July 11 Leimakhong incident and alleging selective action by security forces against Kuki civil society leaders. The demonstration, organised by the Committee on Tribal Unity…
Assam’s outstanding debt has increased more than four-and-a-half times over the past decade, reaching Rs 1.62 lakh crore as of March 31, 2025, the State Assembly was informed on Tuesday. Replying to questions raised by Opposition MLAs, Finance Minister Jayanta Malla Baruah said the state’s outstanding debt stood at Rs 35,690 crore on March 31,…
Security forces in Manipur apprehended an active cadre of the proscribed People’s Revolutionary Party of Kangleipak (PREPAK) during an operation in Imphal East district and recovered eight hand grenades from his possession, a statement from state police force said.The apprehended cadre has been identified as Ningombam Amuthoi Meitei (30), a resident of Chingnungkok Maning Leikai…
Assam Chief Minister Himanta Biswa Sarma informed the State Legislative Assembly that a total of 1,679 illegal immigrants have been repatriated from Assam to Bangladesh over the last two years. Providing a detailed written reply to a query raised by All India United Democratic Front (AIUDF) MLA Badruddin Ajmal regarding the state’s ongoing border enforcement…
Food companies across India are revising their product labels after increased scrutiny from the Food Safety and Standards Authority of India (FSSAI) over potentially misleading claims. Terms such as “healthy”, “natural”, “fresh”, “100%” and “no added sugar” are being removed or replaced with more specific descriptions as brands work to comply with regulatory guidelines. The…
The “great Adani trade” has returned to Dalal Street with a massive ₹1.40 lakh crore bang, making Adani Enterprises (AEL) the top-performing stock on the Nifty 50. The flagship incubator’s shares have surged approximately 41% this year, pushing its total market capitalization to ₹4.3 lakh crore. This powerful resurgence has effectively put to rest the…
The Kamjong district administration in Manipur has stepped up efforts to accelerate the implementation of the Vibrant Villages Programme (VVP)-II, with a renewed focus on improving livelihoods, encouraging community participation and creating sustainable infrastructure in border villages. Deputy Commissioner L.N. Kashung chaired a review meeting with district officials at the Camp Office in the 2nd…
Manipur Chief Minister Yumnam Khemchand Singh has reviewed the functioning of the state’s Fisheries Department, with a focus on increasing fish production, strengthening infrastructure and improving welfare measures for fishing communities. The review meeting, held at the State Secretariat, was attended by senior officials of the Fisheries Department. The discussions centred on the progress of…
