News

The Reserve Bank of India has asked the CEO and Deputy CEO of IndusInd Bank to step down due to significant accounting lapses, but the bank has denied these claims. This development comes after IndusInd Bank disclosed a substantial accounting discrepancy stemming from an internal review of forex derivative transactions.

Aditya Birla Group Chairman Kumar Mangalam Birla, in his keynote address at BT MindRush 2025, outlined a blueprint for Indian enterprises aspiring to global leadership, emphasizing strategic expansion, respectful integration, and value-driven leadership. Birla highlighted the Group's four decades of experience, showcasing its global journey and transformation, while advocating for a gradual and empowering approach to family leadership.

Namma Metro's recent fare hike has led to a decline in ridership, with commuters opting for cheaper alternatives due to the lack of improved services and inconvenient last-mile connectivity. The backlash highlights the need for Namma Metro to address these concerns to regain public trust and encourage the use of public transportation.

Aam Aadmi Party MP Raghav Chadha criticized the Union Budget 2024-25, stating that citizens pay high taxes but receive inadequate services, and proposed eight suggestions for a comprehensive review of the tax framework. He also highlighted the government's economic policies as a factor in the BJP's reduced number of seats in the Lok Sabha.

DMK candidate Anniyur Siva appears poised for victory in the Vikravandi assembly bypoll, holding a substantial lead over his rival PMK's C Anbumani. This by-election, held due to the death of the previous MLA, is seen as a crucial test for the ruling DMK, which has faced criticism over recent events.