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New Delhi, July 28: Finance Minister Nirmala Sitharaman on Wednesday said that the Cabinet has approved amendment to the Deposit Insurance Credit Guarantee Corporation (DICGC) Bill, paving the way to increase deposit insurance from Rs 1 lakh to Rs 5 lakh, which will be given to depositors within 90 days of RBI imposing a moratorium on a bank. Under DICGC Bill 2021, 98.3 per cent of all deposits

Dubai, July 28: Saudi Arabia has announced a three-year travel ban and hefty penalties on citizens who visit countries on the kingdom's COVID-19 red list, including India. "Travelling to the banned countries is an obvious violation of COVID-19 related travel restrictions and the Kingdom’s updated instructions," the Gulf News on Tuesday quoted a report by the state-run Saudi Press Agency (SPA) as

Chennai, July 28: Tamil Nadu today became the first state in India to launch free COVID vaccine drive for the public through private hospitals using Corporate Social Responsibility (CSR) funds from private firms. Chief Minister M K Stalin launched this pioneering initiative at the Kauvery hospital in the city in the presence of Minister for Health and Family Welfare Ma.Subramanian, State Health

Bengaluru, July 28: A new Council of Ministers under Chief Minister Basavaraj Bommai will be sworn in within a week, BJP state president Nalin Kumar Kateel said. Speaking to reporters following the swearing-in ceremony of Bommai, he said that appointing ministers to the state Cabinet was left to the discretion of the CM. "He will take a decision in consultation with BJP high command," Kateel said

Tehran, July 28: Iran’s Intelligence Ministry has arrested a network of agents with the Israeli Mossad spy agency at the Western borders, confiscating a large cache of weapons and ammunition that they were planning to use to provoke riots and terror inside the country. The ministry’s director-general for counterintelligence said on Tuesday that the Mossad agents had been arrested upon sneaking

Bengaluru, July 28: Basavaraj Bommai took oath as the 26th Karnataka Chief Minister at Raj Bhavan today, with B S Yediyurappa and other senior leaders present at the ceremony. Bommai visited a temple ahead of the oath-taking. BJP supporters gathered outside Raj Bhavan ahead of Basavaraj Bommai’s oath-taking ceremony. Bommai's appointment is the second instance in the state's politics for a father

Bengaluru, July 28: Karnataka Chief Minister designate Basavaraj S Bommai has played down corruption charges and possible interference of BY Vijayendra, BS Yediyurappa's son and BJP vice-president, in administrative affairs and called the outgoing CM as his political guru. "Everything is transparent. Therefore, I would not like to comment on this issue. My administration will be authentic. This is

Bengaluru, July 27: The newly elected leader of BJP legislature party Basavaraj Bommai on Tuesday promised to work hard to provide good governance by taking along all sections of the society. Speaking to the media after getting elected as new leader, he said "I will strive hard to keep the confidence reposed by the Prime Minister Narendra Modi, BJP National President JP Nadda and the outgoing

Three-time legislator Basavaraj Bommai is Karnataka’s new chief minister, a decision the BJP took Tuesday keeping in mind several factors, including the long-pending demand for the post to be occupied by someone from north Karnataka. Bommai, 61, is expected to take oath as the state’s 26th chief minister on Wednesday. With under two years to go for the 2023 elections, the BJP found a safe bet in

Mangaluru, Jul 27: The High Court on Tuesday asked the Karnataka government to furnish by August 25, action taken report against those found guilty in the December 19, 2019 police firing incident in Mangaluru during a protest against the Citizenship Amendment Act. A single judge bench led by Chief Justice A S Okha heard the Public Interest Litigation filed by Freedom Fighter H S Doreswamy, former