Breaking News highlights: RBI imposes a monetary penalty on 14 banks

  • Breaking News Updates July 7, 2021: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour.

Prime Minister Narendra Modi is likely to effect the first reshuffle in his Council of Ministers on Wednesday since he assumed the charge for a second term, in what is tipped to be a “major shake-up” of the government as he looks to make it more representative with an eye on political and governance challenges.

Meanwhile, Germany is lifting a ban on most travellers from five countries hit by ‘Delta’ variant of Covid-19, including India.

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  • JUL 07, 2021 09:06 PM IST

    RBI imposes penalty on 14 banks for non-compliance

    The Reserve Bank of India (RBI) imposed a monetary penalty on 14 banks for non-compliance regarding certain provisions of its directions.

  • JUL 07, 2021 07:16 PM IST

    Jaishankar meets Iranian foreign minister in Tehran

    India’s external affairs minister S Jaishankar met with Iran’s foreign minister Javad Zarif in Tehran. Bilateral relations and regional developments were discussed in the meeting, Iran’s embassy in New Delhi tweeted.

  • JUL 07, 2021 07:13 PM IST

    NCP leader Eknath Khadse summoned by ED, asked to appear at 11am on July 8

    Nationalist Congress Party (NCP) leader Eknath Khadse summoned by the Enforcement Directorate (ED) to to appear at 11 am on Thursday, reports ANI.

  • JUL 07, 2021 06:52 PM IST

    First case of Delta Plus Covid-19 variant found in Udham Singh Nagar district in Uttarakhand

    Uttarakhand health secretary Amit Negi said that first case of the Delta Plus Covid-19 variant has been found in Udham Singh Nagar district, reports ANI.

  • JUL 07, 2021 04:08 PM IST

    Haitian President Jovonel Moise assassinated at his home, reports AFP

    Haitian President Jovonel Moise was assassinated at his home on Wednesday by a commando, interim Prime Minister Claude Joseph announced. Joseph added that he was now in charge of the nation, reports AFP.

  • JUL 07, 2021 03:57 PM IST

    West Bengal CM Mamata Banerjee blames PM Modi for allocating more money to BJP-ruled states

    Addressing the allocation of funds to the West Bengal government by the Centre, Mamata Banerjee said that PM Modi allocates more money to BJP-led states and less to the ones ruled by opposition parties.

  • JUL 07, 2021 02:32 PM IST

    Union health secretary writes to Kerala chief secretary to increase Covid control measures

    The health ministry said that despite reporting less cases some cases have reported a high positivity rate.

  • JUL 07, 2021 01:37 PM IST

    43 leaders expected to take oath as ministers in Union Cabinet rejig today

    As many as 43 leaders will take oath as Union Ministers in the Union Cabinet expansion, to be held later today.

  • JUL 07, 2021 01:35 PM IST

    Education minister Ramesh steps down from Union cabinet, cites health reasons

    Ahead of the planned expansion, education minister Ramesh stepped down from the Union cabinet, citing health reasons.

  • JUL 07, 2021 01:18 PM IST

    Labour minister Santosh Gangwar says he has quit his post: Report

    Hours before cabinet reshuffle, labour minister Santosh Gangwar says he has quit his post, news agency PTI reported.

  • JUL 07, 2021 12:38 PM IST

    Pakistan PM Imran Khan condoles the demise of veteran actor Dilip Kumar

  • JUL 07, 2021 11:18 AM IST

    Calcutta HC slams 5 lakh penalty on Mamata Banerjee for seeking recusal of judge over alleged links with BJP

    Calcutta HC imposes a penalty of 5 lakh on Mamata Banerjee for seeking recusal of justice Kausik Chanda from her election petition due to judge’s links with BJP as a lawyer. Mamata’s application is rejected by justice Chanda.

    Justice Chanda, however, decides not to hear the case any further in his personal discretion and releases the case from his bench.

  • JUL 07, 2021 11:00 AM IST

    Dilip Kumar’s funeral today at 5pm

    Dilip Kumar’s funeral to take place today at 5:00 PM at Juhu Qabrastan Santacruz, Mumbai, announcement shared via his official Twitter account, states.

  • JUL 07, 2021 10:49 AM IST

    Jaishankar leaves for Russia via Tehran, agenda is Taliban in Afghanistan

    Prime Minister Narendra Modi will reshuffle his Cabinet today but it is business as usual for the government with External Affairs Minister (EAS Jaishankar leaving for a bilateral visit to Moscow via Tehran with developments in Afghanistan top of the agenda. Read More

  • JUL 07, 2021 09:14 AM IST

    Earthquake of 5.2 magnitude hits Goalpara, Assam

    An earthquake of magnitude 5.2 on the Richter scale hit Goalpara, Assam at 8.45 am today, says National Centre for Seismology.

  • JUL 07, 2021 08:43 AM IST

    PM Modi condoles passing away of veteran actor Dilip Kumar

    PM Narendra Modi condoles the passing away of veteran actor Dilip Kumar, saying, “he will be remembered as a cinematic legend.”

  • JUL 07, 2021 07:45 AM IST

    Petrol price in Delhi crosses 100-mark

    Petrol price in Delhi crossed 100-mark on Tuesday. Currently it is selling at 100.21 per litre and price of diesel is at 89.53 per litre.

  • JUL 07, 2021 07:22 AM IST

    Kitty, wife of late P Rangarajan Kumaramangalam, murdered in Delhi

    Kitty Kumaramangalam, wife of late former Union Minister P Rangarajan Kumaramangalam, was murdered at her residence in Vasant Vihar last night. The police have arrested a person, and searching for other two accused, DCP South-West said.

  • JUL 07, 2021 07:10 AM IST

    Jammu districts ban storage, sale or possession of drones

    Days after the twin explosion at Jammu air base, district authorities in Samba, Ramban and Baramulla have ban storage, sale or possession of drones and other unmanned aerial vehicles.

  • JUL 07, 2021 05:57 AM IST

    Cabinet expansion buzz as key leaders arrive in Capital

    The elevation of union Minister for social Justice and empowerment Thawar Chand Gehlot to a gubernatorial position on Tuesday lent credence to the speculation that an expansion of the union council of ministers is on the cards.

  • JUL 07, 2021 05:20 AM IST

    PDP says it won’t meet Jammu-Kashmir delimitation panel

    The Mehbooba Mufti-led Peoples Democratic Party (PDP) declined to meet the Delimitation Commission on Tuesday, even as leaders of other mainstream political parties in Kashmir met the members of the Centre’s panel hours after they arrived in Srinagar for a four-day tour.