Fairfax’s IDBI Bank stake deal gets Cabinet approval, set to be India’s largest financial-sector FDI



At least four people were killed and another person went missing after armed militants ambushed a vehicle in Manipur’s Kangpokpi district on Thursday, officials said. The incident took place in an isolated stretch between Makui Ashang and Thabamba Naga, raising fresh concerns over security in the region. All four victims belonged to the Liangmai Naga community and died at the spot following the attack. The bodies are being taken to Senapati district hospital for further procedures.
Read moreThe second Test between India and Sri Lanka at R Premadasa Stadium in Colombo ended in a draw, as the Shubman Gill-led side had no answer to Sonal Dinusha’s resistance. The day started with Sri Lanka enjoying a 16-run lead, but with only four wickets remaining, India entered as the favourites. However, as the clock turned noon, the Dhananjaya de Silva-led side grew in confidence and put pressure back on India.
Read moreDelhi Master Plan 2047 comes at a time when the capital’s housing market is being shaped by sustained demand and limited scope for conventional expansion. The plan seeks to address both through redevelopment within existing neighbourhoods and planned growth on the city’s periphery. Its impact, however, is likely to emerge over time as these provisions translate into projects.
Read moreA major decision was on Thursday taken by the Maharashtra government as the state granted non-Marathi-speaking auto-rickshaw and taxi drivers one-year grace period to learn conversational Marathi. Chief Minister Devendra Fadnavis stated that representatives of auto-rickshaw and taxi driver associations had met him and requested an additional year for the drivers to learn the language. Acceding to their request, the government decided to grant this one-year grace period and no action will be taken against drivers for not knowing Marathi during this time.
Read moreNepal’s Prime Minister Balendra Shah on Wednesday urged the people of the Himalayan nation to stand united after devastating flood on Wednesday killed at least 95 people. “The pain and loss you have suffered is not small. But I want to assure you that you are not alone in this difficult time — the state is with you with all its means and resources,” Shah said in a statement posted to social media.
Read moreIndia has stepped up its humanitarian response to the devastating flash floods in Nepal, dispatching 10 tonnes of Humanitarian Assistance and Disaster Relief (HADR) supplies along with essential medicines to support the neighbouring country’s ongoing rescue and relief operations. External Affairs Minister Dr S Jaishankar said India stands firmly with Nepal and its people as the Himalayan nation grapples with the aftermath of a catastrophic flash flood in the Bhotekoshi River. At least 95 people have been confirmed dead after the flash flood swept through settlements in Rasuwa and adjoining districts on Wednesday, while several people are still reported missing.
Read moreThe Uttar Pradesh Education Service Selection Commission (UPESSC) on Wednesday (August 26) declared the results of the Uttar Pradesh Teacher Eligibility Test (UPTET) 2026) with more than 13 lakh candidates qualifying at the primary and upper-primary levels.
Read moreIndia and China have agreed on eight key outcomes aimed at maintaining peace and stability along the Line of Actual Control (LAC) and improving the broader management of their border. The understanding was reached during the 25th round of talks between the Special Representatives of the two countries in Beijing on Tuesday (August 25). India’s Special Representative and National Security Advisor Ajit Doval and China’s Special Representative Wang Yi held in-depth discussions on the boundary question during the meeting. The latest round of talks focused not only on the long-standing boundary issue but also on mechanisms to prevent misunderstandings along the Line of Actual Control (LAC), strengthen military communication and expand cooperation in areas such as border trade, pilgrimage and trans-border rivers.
Read moreNepal was on Wednesday hit by a severe flash flood, leading to loss of lives, reports of missing persons and extensive damage to homes, roads, bridges, hydropower facilities and other infrastructure. The floods also swept away villages and areas along the Bhote Koshi River near the Tibet border, with Rasuwa and neighbouring districts among the worst affected. The Nepal government gave the latest update and said the death toll had risen to 98 at the time of reporting, while hundreds of people remained missing.
Read moreA flood in the upper catchment area of the Gandak River in Nepal has triggered an alert in Bihar, with authorities warning of a possible sudden rise in water flow and the risk of flash flooding in several districts. The Gandak River could witness waves rising up to around three metres, raising concerns about flooding in areas connected to the river. Authorities have stepped up preparations and directed district administrations to remain on high alert.
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