Shut for five years, Trichy youth hostel still awaits nod from Union ministry for revival

China’s central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday’s debut. This move aims to ease month-end funding pressures for banks. The People’s Bank of China maintained the borrowing cost at 1.25%, offering a new tool for fine-tuning short-term cash needs without altering broader monetary policy. This increased support…

Siddaramaiah’s recent absences from party functions raise questions about his influence. His son’s cabinet inclusion while senior aides were overlooked has caused internal friction. This situation exposes a perceived loss of ground for the Siddaramaiah camp within the party. Other leaders have formed new alliances, altering existing political equations. These events suggest a significant recalibration…

State Bank of India must pay a customer Rs 1.30 lakh for unauthorized transactions. The bank failed to provide CCTV footage of the disputed ATM withdrawals. It also could not explain two fund transfers made from the account. The consumer commission upheld the payout after the bank’s appeal was dismissed. This decision followed the bank’s…