State Bank of India (SBI) reported a loss of Rs. 7,718 crore ($1.1 billion) – its biggest ever – in the January-March quarter, as the country’s biggest lender set aside more provisions for bad loans after a change in banking regulation. The loss for the three months to March 31 was deeper than what the market had expected. Analysts on ...

BrahMos, supersonic cruise missile was successfully test fired at 1040 hours yesterday from the Integrated Test Range (ITR) in Balasore, Odisha as part of service life extension programme. The life extension test firing of BrahMos was conducted from a Static Inclined Launcher, proving the efficacy and longevity of the system which was witnessed by the Scientist from Defence Research and ...

Rise in oil prices may lead to inflationary trends in the country, forcing the Reserve Bank of India (RBI) to hike rates by 0.25 per cent in the August policy review, foreign brokerages said today. The apex bank, however, may opt for a status quo in rates at the forthcoming review in June, they said. “We now expect the RBI ...

Asserting that the mandate in Karnataka Assembly polls was against the Congress, BJP president Amit Shah today said the party has found a new way of portraying defeat as its victory. Shah also asked the Congress to explain to the people of Karnataka why they were celebrating even when most of their ministers had lost election. “Only Congress and JD(S) ...

Chief Minister Mr. Trivendra Singh Rawat paid obeisance at Sri Kedarnath Dham and offered prayers on Monday. He also inaugurated a 10 bedded hospital at Sri Kedarnath Dham, which will be managed by District Hospital, Rudraprayag. He said that with the setting up of the hospital, the health facilities at Kedarnath will get further strengthened.  On this occasion, Chief Minister reviewed ...

State-run Punjab National Bank (PNB) has refused to disclose details of the audit or investigation that led to detection of over Rs 13,000 crore fraud at the company, citing a clause that bars any disclosure that can impede the process of investigating or apprehending the offenders. In reply to an RTI query, the state-owned bank also declined to share copy ...

A Russian man was arrested at Indira Gandhi International (IGI) airport on Sunday for allegedly masturbating on a flight from Istanbul, officials said. The complainant — an Indian woman who was sitting next to the passenger — raised an alarm, following which the man was shifted to a different seat. The man, identified as Krishan Ridzhal, was arrested by Delhi ...

The industrial capital of Uttarakhand’s Kumaon region, Rudrapur, wore a deserted look on Sunday as all the city markets were shut in protest against the ongoing anti-encroachment drive by civic body. Traders of the city have announced an indefinite ‘bandh’ against the drive, during which they alleged that several legal constructions were also being bulldozed in a “dictatorial manner”. All ...

DAINIK NATION BUREAU Uttarakhand Chief Minister Trivendra Singh Rawat has congratulated the Uttarakhand police expedition team for successfully scaling Mount Everest. Chief Minister said that it was a matter of pride that Uttarakhand police expedition become the first police force in the country to scale Mount Everest. The members of the Uttarakhand police expedition team who successfully scaled Mount Everest ...

DAINIK NATION BUREAU Chief Minister Trivendra Singh Rawat has expressed condolence over the martyrdom of Indian army soldier Naik Deepak Nainwal, a resident of Harrawala, Sidhpuram, Dehradun. He prayed for the peace of the departed soul and said that almighty provide strength to the family members of the martyr. Saluting the sacrifice of martyr Deepak, the Chief Minister termed the supreme sacrifice made ...