RBI mulls easing exim norms

Mumbai: The RBI on Tuesday proposed rationalising regulations that cover export and import transactions with an aim to promote ease of doing business and empower banks to provide more efficient service to their foreign exchange customers.The central bank has issued ‘Regulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – Draft Regulations and Directions’

SBI Life opens new branch in TG

Hyderabad: SBI Life Insurance, a private life insurer inaugurated a new branch office at Yadadri Bhuvanagiri district, in Telangana. With this expansion, the company aims to contribute towards increasing life insurance penetration in the State. The branch will provide services such as policy servicing, renewals, address claim-related queries, among others. Abhishek Majumdar, Regional Director- Hyderabad

“Genocide-Enabling”: Another US Official Quits Over Joe Biden’s Gaza Policy

File photo Washington: President Joe Biden’s support for Israel during its nearly nine-month war in Gaza has spurred at least nine U.S. administration officials to quit, with some accusing the US president of turning a blind eye to Israeli atrocities in the Palestinian enclave. The Biden administration denies this, pointing to its criticism of civilian

“Lost In Translation”: Karnataka’s Highway Warning Signboard Is Viral

The mistranslation, “urgent makes an accident,” left the internet divided An emergency signboard installed on a highway near Karnataka’s Kodagu has caught the internet’s attention due to its humorous mistranslation from Kannada to English. A user named ‘Kodagu Connect’ shared an image of the signboard on social media, which read, “Urgent make an accident.” The