Blog

22 Jan

Fund Managers Urge ANZ to Fix ‘Inexplicable’ Deposit Errors

editorEconomy

Fund managers are urging ANZ to address its governance and compliance issues, especially within its retail banking sector, amid regulatory investigations that may result in fines and increased capital requirements. The Australian Securities and Investments Commission (ASIC) is probing allegations that ANZ miscalculated interest on customer savings and deposit accounts and has encountered issues with customer hardship provisions and fees charged to deceased customers' accounts. Furthermore, ASIC is investigating ANZ's markets team for activities related to a 2023 government bond issuance. Fund managers highlight the severity of such basic errors and warn that these governance failures could attract significant regulatory…

22 Jan

Trump’s meeting with GOP leaders focused on tax cuts, regulatory reform and upcoming budget talks

editorLatest

On his first day of his second term, President Donald Trump signed executive orders to dismantle federal diversity, equity, and inclusion (DEI) programs, placing all DEI staff on leave. He pardoned Jan. 6 rioters and Silk Road founder Ross Ulbricht. Trump's meeting with GOP leaders focused on tax cuts, regulatory reforms, and upcoming budget talks. He emphasized plans for AI infrastructure investment and expressed intentions to visit states hit by disasters. Trump also fired John Bolton's Secret Service detail and announced new tariffs on Canada and Mexico to address immigration and drug issues. Controversial actions included revoking birthright citizenship and…

22 Jan

Incredible health benefits of traditional Indian fermented foods

Banasree SarkarHealthfermented foods

The same probiotics aid in preserving a healthy gut flora, which prevents a number of digestive issues like diarrhea, constipation, and bloating. Digestion is aided by the fermentation process, which simplifies complex proteins, fats, and carbohydrates. Because it breaks down the lactose levels in buttermilk-based dishes like chaas and lassi, it can also help those who are lactose intolerant. For instance, when the batter for idli and dosas is fermented, lactic acid is created, which gives them a sour flavor and facilitates digestion. Cultural dishes from different parts of India have passed down the knowledge of how to make fermented…

22 Jan

Pitt exhibited “uncertain and aggressive” behavior

editorCrime

Pete Hegseth, President Trump's nominee for Secretary of Defense, is facing serious allegations of abusive behavior towards his ex-wife, Samantha Hegseth. Danielle Hegseth, his former sister-in-law, provided a sworn statement claiming that Pete exhibited "erratic and aggressive" behavior, causing Samantha to fear for her safety. Additional allegations against Hegseth include rape, excessive drinking, and misuse of public funds, all of which he has denied. Despite these claims, the Senate Armed Services Committee narrowly approved his nomination, moving it to a full Senate vote. Democrats have criticized the incomplete FBI background check on Hegseth, arguing it failed to thoroughly investigate the…

22 Jan

The Pakke Paga Hornbill Festival featured a panel on cleanliness

Banasree SarkarArunachal PradeshPakke Paga Hornbill Festival

At Seijosa, in the Pakke Kessang area of Arunachal Pradesh, a panel discussion titled "Cleanliness, Sustainability, and Conservation: A Collective Responsibility" took place during the Pakke Paga Hornbill Festival. The Hills Society and the NGO Trigonometry collaborated to organize the event, which brought together community residents and specialists to talk about sustainable practices. The remarkable tale of how Siluk village became the cleanest village in the East Siang district was told by Kepang Nong Borang, Chairman of the Swachh Siluk Abhiyan. He emphasized how the community set an example for others by coming up with creative solutions to problems like…

22 Jan

Mizoram Police marks 53rd Raising Day with key achievements

Sonakshi SarkarMizoram

The Mizoram Police commemorated their 53rd Raising Day on January 21 with celebrations at the G.S. Arya Mess. Mizoram DGP Anil Shukla, senior officers, and retired personnel attended the event, which highlighted the force’s achievements and expressed gratitude to the public for their cooperation.Since its establishment on January 21, 1972, the Mizoram Police have played a pivotal role in maintaining law and order. In 2024, the force made significant strides, particularly in combating drug trafficking. Seizures included heroin, methamphetamine, and crystal meth valued at over ₹211 crore. Additionally, nearly 13 lakh kilograms of illegally imported foreign arecanuts and a cache…

22 Jan

Unakoti’s rich history unfolds with discovery of Brahma sculpture

Sonakshi SarkarTripura

Villagers in the Bhuiyapara area of Kailashahar Sub-division, Unakoti District, have uncovered an ancient sculpture of Lord Brahma during development works on January 21. Unakoti, a renowned archaeological site dating back to the 7th–9th centuries, is famed for its Shaiva rock carvings and natural beauty. The discovery has drawn significant attention, with large crowds gathering to view the relic. Kailashahar Sub-divisional Magistrate Pradip Sarkar stated, “The idol was found during groundwork and has since been moved to the Unakoti District Magistrate’s office for preservation. The Archaeological Survey of India (ASI) has been notified for further investigation.” Assistant Conservator of ASI…

22 Jan

HDFC Bank Q3 results: Profit may rose to 3%, NII 6-8%; know what to watch out for

Business CorrespondentBusiness, News

HDFC Bank Q3 results: The largest private lender is likely to report a 0-3 percent rise in net profit for the December quarter, while net interest income (NII) will grow 6-8 percent. Provisions may rise sequentially, but decline on a year-on-year (YoY) basis. Net interest margin (NIM) may remain stable, banking analysts said, adding that management commentary on loan growth will be closely watched later today. Axis Securities expects HDFC Bank to report a 2.2 per cent year-on-year (YoY) rise in net profit at Rs 16,737 crore for the December quarter, as against Rs 16,373 crore in the same quarter…

21 Jan

Tripura observes Statehood Day, PM Modi extends greetings

editorTripura

Prime Minister Narendra Modi today greeted the people of Tripura on its Statehood day. He remarked that the state was making noteworthy contributions to national progress.In a post on X, he wrote, “Best wishes to the people of Tripura on their Statehood Day. The state is making noteworthy contributions to national progress. It is also known for its rich culture and heritage. May Tripura continue to scale new heights of development.”In Tripura, the Day's main function was held in Agartala and Chief Minister Manik Saha addressed a gathering in the famous Rabindra Shatabarshiki Bhavan. Meanwhile, several union ministers, governors and…

21 Jan

Deaths of patients have been reported due to overcrowding in hospital corridors and lack of staff

editorHealth

The United Kingdom's healthcare system is facing a severe crisis, with reports of patients dying in hospital corridors due to overcrowding and staff shortages. Nurses have highlighted the dire conditions, including patients receiving treatments in semi-public areas and delays in critical care. The situation has prompted calls for urgent government intervention to address the systemic issues plaguing the National Health Service (NHS). The crisis underscores the need for comprehensive healthcare reforms to ensure patient safety and quality care.