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'Substantial risks': Cong flags concerns on foreign firms acquiring banks
The New Indian Express
|October 20, 2025
TAKING a swipe at the Modi government's economic policy, the Congress on Sunday said foreign firms gradually being allowed to acquire Indian banks was "imprudent" as it poses substantial risks.
The grand old party also reminded the BJP that the Jan Sangh had criticized then Prime Minister Indira Gandhi for not nationalizing foreign banks in July 1969.
Congress general secretary in-charge communications Jairam Ramesh's assertion came after Emirates NBD Bank, the second largest in the UAE, expressed interest in acquiring a majority 60% stake in RBL Bank for ₹26,853 crore the biggest ever financial sector deal in value terms.
Denne historien er fra October 20, 2025-utgaven av The New Indian Express.
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FLERE HISTORIER FRA The New Indian Express
The New Indian Express Chennai
10 months on, NMC yet to act against 30 docs for 'sponsored' foreign trips
THE National Medical Commission (NMC) is yet to take any action against 30 doctors who accepted free trips to Monaco and Paris worth ₹1.91 crore last year, despite the Department of Pharmaceuticals (DoP) recommendations that action should be taken against them for violating professional misconduct.
1 mins
October 22, 2025
The New Indian Express Chennai
Two dons-turned-politicians draw battle lines on Mokama poll turf
BATTLE lines have been drawn in Bihar’s Mokama assembly constituency ahead of the first-phase polls on November 6, as two don-turned-politicians, Anant Singh and Surajbhan Singh, prepare for a high-octane electoral clash.
2 mins
October 22, 2025
The New Indian Express Chennai
Paraglider from Canada found dead, Australian rescued in HP
A 27-year-old Canadian paraglider, Megan Elizabeth, was found dead after going missing from the high mountains of the Dhauladhar range, while a 47year-old Australian paraglider, Jacob, was rescued in the last 48 hours.
1 min
October 22, 2025
The New Indian Express Chennai
A RIVER REMEMBERS: MEANDERING MEMORY OF WATER
BENEATH the calm surface of a river lies an ancient intelligence — one that remembers every bend, flood, and wandering path it has ever carved through the Earth.
2 mins
October 22, 2025
The New Indian Express Chennai
FIR against former Punjab DGP, ex-minister wife over son’s death
FORMER Punjab DGP Mohammad Mustafa, his wife and former minister Razia Sultana, along with their daughter and daughter-in-law, have been booked for murder and criminal conspiracy by Haryana Police in connection with the death of their 35-year-old son, Agil Akhter.
1 mins
October 22, 2025
The New Indian Express Chennai
DVAC registers fresh case over highway tender irregularities during AIADMK rule
THE Directorate of Vigilance and Anti-Corruption (DVAC) has registered a fresh case over alleged irregularities in highway tenders awarded during the 2016-2021 AIADMK regime, targeting corruption in projects sanctioned by then chief minister Edappadi K Palaniswami’s highways and minor ports portfolio.
2 mins
October 22, 2025
The New Indian Express Chennai
Heavy rain damages vast stretches of paddy fields across Cauvery delta
CONTINUOUS rain in the last few days has left vast stretches of paddy fields submerged across Nagapattinam, Cuddalore and Thanjavur districts, damaging both ready-to-harvest kuruvai crops and recently transplanted Samba seedlings.
1 min
October 22, 2025
The New Indian Express Chennai
Home on every plate
CE EXPLORES HOW KAVLIR CANTEEN IS REDEFINING COMMUNITY DINING BY CROWDSOURCING RECIPES
3 mins
October 22, 2025
The New Indian Express Chennai
A HEALTHIER FUTURE FOR PEOPLE AND THE PLANET
IN the 21st century, the world faces three interconnected challenges: climate change, obesity, and undernutrition.
3 mins
October 22, 2025
The New Indian Express Chennai
65-yr-old man, granddaughter killed as boy rams car into moped
A 65-YEAR-OLD man and his 14-year-old granddaughter were killed after a car driven by a 16-year-old boy rammed into their moped near Pazhavoor on the Tirunelveli-Kanniyakumari Na-
1 min
October 22, 2025
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