Category: News & Politics

HDFC-Chairman-deepak-parekh

HDFC Chairman Voice Concern Over Common Man’s Money In PMC Bank Fraud Case

The RBI swung into action after it found irregularities in loan disbursement to real estate developer HDIL. It was found that the bank’s exposure to the realty firm was exceeding to the regulations. Also, the lender hid the NPAs of HDIL.

HDFC Chairman Deepak Parekh voiced concern over PMC bank case

HDFC Chairman called the crisis at the Punjab & Maharashtra Cooperative Bank (PMC) brutally unfair. There are regular loan waivers and corporate write-offs but no financial system protects the savings of common man. RBI’s capping the withdrawal limit for PMC bank at Rs. 25,000 has affected thousands of PMC bank customers whose money is stuck in the brank fraud and they all are common people.

HDFC Chairman highlighted stood for common man

Mr. Parekh further said that there was no sin in finance bigger than the misuse of the savings of the common people. He revealed his concern about absence of a robust system to protect the honest savings of common people. He stressed that trust and confidence were the backbone of any financial system and the power of ethics and values should be … Read the rest

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Mayank Agarwal And Cheteshwar Pujara Polled In 100-Runs After Early Dismissal Of Rohit Sharma In 2nd Test Day 1 Match

The opening-day of 2nd Test between India and South Africa saw early dismissal of Rohit Sharma but Mayank Agarwal and CheteshwarPujara put India in a dominant position by putting in 100-runs together. South Africa also made a change in bowling order. It brought spinners at both the ends.

Highlights of the match

  • Playing at 37, CheteshwarPujara went ahead for a big one into the mid-wicket stands. He took a lose ball by SenuranMuthuswany to hit a six.
  • Captain Faf du Plessis brought Anrich Nortje to test the strength of Mayank Agarwal in facing bouncers. But Mayank hit back-to-back boundaries and put Indian score over 100-runs.
  • Anrich Nortje and Keshav Maharaj brought South Africa back to game with a couple of tight overs but this success was short-lived as soon as Pujara pick up a boundary and took India past the 90-run mark.
  • Anrich Nortje tried hard to break the 2nd wicket partnership of Indian batsmen. He wanted to take advantage of Mayank’s weakness against short-pitched balls.
  • Mayank Agarwal made his 4th half-century in Test Cricket. This Karnataka batsman proved cricket after taking lead from Rohit Sharma. Early dismissal of Rohit
Read the rest
World-Mental-Health-Day

First State Of The Nation Report Published On The World Mental Health Day

The State of the Nation report on children’s mental wellbeing states that more than 4 in 5 children and young people are happy with their lives. It is the first ever researched report published to mark World Mental Health Day on 10th October.

Highlights of the report

  • Children are happy with their families, friends and schools
  • Bullying especially cyberbullying is the key concern for poor wellbeing
  • Teenage girls are more prone to bullying
  • Sleep and leisure are also important factors in wellbeing of children
  • The pressure children face is different from the pressure their parents face
  • Older teenage girls constituting 22.4% in the age group of 17-19 years suffer from an emotional disorder
  • Seeing friends and feeling safe in the neighborhood impact children’s ability to concentrate
  • Age comes out as a bigger factor in wellbeing
  • Young females report they are more anxious than males
  • Females report more cyberbullying than males
  • Women have slower satisfaction with leisure time than men
  • Social media can’t be associated with psychological health of teenage girls

What was the need of the State of the Nation report?

The report fulfills a government commitment to piece together … Read the rest

World-Celebrates-The-World-Post-Day

World Celebrates The World Post Day And 145 Years Of UPU On 9 October

The Universal Postal Union (UPU) observes 9 October as World Post Day. Started in 1874 in Switzerland, UPU was the beginning of the revolution of global communication. The revolution is about the ability to write to others all over the world.

The start of World Post Day

The first World Post Day was declared at the 1969 UPU Congress in Tokyo Japan. And the proposal for starting a day for World Post was mooted by Shri Anand Mohan Narula, a member of the Indian delegation. And his proposal for declaring 9 October as the World Post Day was accepted by the congress.

Celebrations of the World Post Day

Every year, over 150 countries across the globe celebrate the World Post Day on 9th October. Some countries observe 9th October as a working holiday for their postal staff while others award the promising employees for commendable service.

Objective of the World Post Day

According to the UN, the World Post Day is celebrated to highlight value of the postal sector in everyday life for both individuals and businesses and its contribution in developing countries on both … Read the rest

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India vs South Africa Women ODI Cricket: Mithali Raj Says High Score Necessary To Popularize Women Cricket In India

Indian cricket team of women suffered a blow just before the first One Day International (ODI) against South Africa. A key player of the team was retired hurt and ruled out of the series. But the good thing is that the Indian skipper is in high spirits to popularize women’s cricket in India.

Press briefing of Indian skipper Mithali Raj

Captain of Indian women’s cricket team, Mithali Raj, predicted that the ODI series with South Africa would be “very competitive.” She further stressed her point that the women’s cricket matches had to be high scoring in order to popularize women’s cricket. She was addressing the press ahead of the first ODI in Vadodara.

Smriti Mandhana retired hurt

A fracture in her right toe made Smriti Mandhana unfit for playing the series. She was ruled out of the entire series but a final call on her ouster would be taken only after an assessment by physios in NCA. She needs an MRI but that is possible only after the swelling is controlled.

Head coach Woorkeri Raman speak for Smriti Mandhana

The head coach is still uncertain … Read the rest

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Ravana Effigy Went Into Flames While Setting In Vidhsha, MP

In a freak incident in Vidisha, Madhya Pradesh, an effigy of Ravana burnt to ashes after colliding with electricity powerline. The incident happened just a day before Dusshera celebrations.

How Ravana effigy burnt before Dusshera?

It happened in Sironj area of Vidisha district. At the time of incident, the effigy was being installed at a predetermined place. The authorities were trying to setup the Ravana near a bus stand to celebrate Dusshera when the mannikin hit the 132 KV power line passing over it. Soon the Ravana was in flames and came down heavily in the form of ashes. The persons holding the effigy became mute spectators to the flames.

How tall was Ravana effigy?

It was a 33-feet tall Ravana stuffed with firecrackers of different shapes and sizes. As soon as it touched the high-tension electric line, it burst into flames with the firecrackers setting off the effigy. It was a horrific scene as the area was packed with audience gathered to see the effigy being set for Dusshera festival. Also, there were passerby who stopped hearing the sound of firecrackers. But luckily there … Read the rest