Author: piyushkushwaha

  • Sheikh Hasina News Today: Court Orders Asset Seizure & Arrest Warrants Issued

    Sheikh Hasina News Today: Court Orders Asset Seizure & Arrest Warrants Issued

    Sheikh Hasina News Today: Court Orders Asset Seizure & Arrest Warrants Issued
    Sheikh Hasina News Today: Court Orders Asset Seizure & Arrest Warrants Issued

    “Sheikh Hasina will become Prime Minister again, youth made a mistake” – claims close aide

    US Awami League Vice President Dr. Rabbi Alam expressed concern over the current situation in Bangladesh and said that Sheikh Hasina will soon return to the post of Prime Minister. He claimed that the country’s young generation has made a mistake, but they are not fully responsible for this, rather they have been manipulated.

    Thanks to India

    Dr. Alam thanked Prime Minister Narendra Modi and the Government of India and said that India gave safe shelter to Sheikh Hasina and also ensured a safe travel route for her. He said, “Bangladesh is being attacked and the international community should pay attention to this. This is not just a political rebellion, but a terrorist rebellion.”

    Seizure of Sheikh Hasina’s properties
    A Dhaka court ordered the seizure of several properties of former Prime Minister Sheikh Hasina and her family. These include the Sudasadan residence in Dhanmondi and 124 bank accounts.

    Bangladesh government objects
    The Bangladesh government objected to Sheikh Hasina’s social media statements to India, claiming they were false and provocative. A protest letter was handed over to the Indian High Commissioner in Dhaka, appealing to India to stop Hasina from making such statements.

    Arrest warrant and ouster from power
    In January, the International Crimes Tribunal (ICT) issued an arrest warrant against Sheikh Hasina and 10 others. On August 5, Hasina was removed from power following student-led protests that left over 600 people dead. Following this, an interim government led by Nobel laureate Muhammad Yunus was formed and 77-year-old Sheikh Hasina moved to India.

    Dr Alam is confident that Sheikh Hasina will soon return as Bangladesh’s prime minister.

  • SSC CGL 2024 Final Result Declared: Download Scorecard & Category-Wise Cut-Off

    SSC CGL 2024 Final Result Declared: Download Scorecard & Category-Wise Cut-Off

    SSC CGL 2024 Final Result Declared: Download Scorecard & Category-Wise Cut-Off
    SSC CGL 2024 Final Result Declared: Download Scorecard & Category-Wise Cut-Off

    SSC CGL Final Result 2024 Released: 18,174 candidates got success!

    Staff Selection Commission (SSC) has released the final result of CGL 2024! This time 18,174 candidates have been provisionally selected on the basis of merit and preference of their posts.

    If you had taken the exam, then you can check your result and cut-off by visiting ssc.gov.in or use the direct link given below.

    What will happen next?

    Now the selected candidates will be called for document verification, after which their appointment process will be completed.

    Exam Schedule

    The result of SSC CGL Tier 1 was released on 5 December 2024.

    Tier 2 exam was conducted on 18, 19, 20 and 31 January 2025 in CBT mode. Tie-breaking rules (if more than one candidate has the same marks)
    1️⃣ Marks of Paper 2 of Jr. Statistical Officer (JSO) and Statistical Investigator (SI)
    2️⃣ Marks of Section 1 of Paper 1 of Tier 2
    3️⃣ Date of Birth (higher will get preference)
    4️⃣ Alphabetical order of names

    Important information
    The results of 1,267 candidates have been put on hold, while 253 candidates have been rejected/disqualified.
    The verification of documents related to the appointment will be done by the allotted departments.
    If a candidate does not get any contact from the appointment department for 6 months, he can contact the department himself.
    This time no waiting list will be made and the vacancies will be carried forward to the next year.
    💡 SSC CGL 2024 Final Result and Detailed Marks will be available on the official website soon!

  • UP Police Constable Recruitment 2025: Apply Online, Eligibility, and Latest Updates

    UP Police Constable Recruitment 2025: Apply Online, Eligibility, and Latest Updates

    UP Police Constable Recruitment 2025: Apply Online, Eligibility, and Latest Updates
    UP Police Constable Recruitment 2025: Apply Online, Eligibility, and Latest Updates

    UP Police Constable Recruitment 2023: Result Declared, Cut-Off and Further Process Full Details

    Uttar Pradesh Police Recruitment and Promotion Board (UPPRPB) has released the Constable Civil Police Recruitment 2023 exam results on 13 March 2025. Candidates can check their results on the official website uppbpb.gov.in. Along with this, the board has also published category wise cut-off marks.

    Recruitment Process and Exam Details
    Total Posts: 60,244
    Registered Candidates: 48,17,441
    Exam Dates: 23, 24, 25, 30 and 31 August 2024
    Exam Centres: 67 districts of Uttar Pradesh
    Shortlisted Candidates: 1,74,317 (2.5 times the total number of posts)
    Next Stages: Document Verification and Physical Standard Test (PST) (26 December 2024 – 7 February 2025)
    Tie-Breaking Rules
    If two or more candidates have the same marks, the merit list is decided on the basis of these criteria:

    Educational Qualification
    Higher Age
    Initials of Name (in English alphabetical order)
    Category Wise Cut-off Marks
    Category Number of Posts Minimum Cut-off Marks Female Candidates Cut-off Freedom Fighter Dependents Cut-off Ex-Servicemen Cut-off

    Important Information
    This selection will be subject to health test, educational qualification, reservation certificate and character verification.
    No waiting list has been released for this recruitment cycle.
    UPPRPB will soon announce the next stages of the selection process.
    For more details and to check results visit the official website uppbpb.gov.in.

  • “The Diplomat Review: John Abraham Shines in This Gripping Political Thriller”

    “The Diplomat Review: John Abraham Shines in This Gripping Political Thriller”

    "The Diplomat Review: John Abraham Shines in This Gripping Political Thriller"
    “The Diplomat Review: John Abraham Shines in This Gripping Political Thriller”

    The Diplomat: An impactful drama

    The Diplomat is a gripping drama, in which John Abraham plays the role of JP Singh—an Indian diplomat who navigates the complex corridors of Indo-Pak relations. Directed by Shivam Nair, the film is based on the true story of Uzma Ahmed’s struggling experience in Pakistan.

    Highlights:
    John Abraham in the lead role
    Release on 14 March 2025
    Read our detailed review
    Starts with Gandhiji’s famous quote
    The film begins with the inspiring words of Mahatma Gandhi:
    “If I believe that I can do it, I shall certainly acquire the ability to do it, even if I do not have it at the beginning.”
    This quote beautifully reflects the experience of The Diplomat.

    Movie Summary
    Shivam Nair’s thriller stars John Abraham as JP Singh, India’s Deputy High Commissioner to Pakistan, while Sadia Khateeb plays Uzma Ahmed—an Indian woman who is duped into landing in Pakistan and suffers a lot there.

    The film starts off on a slow note, but a strong screenplay and the dedication of the cast take it to a thrilling climax. There is no room for error in films based on real events, especially when the protagonist of the story is a genuine and honourable person.

    Beyond clichés, closer to reality
    The Diplomat takes a balanced and realistic approach, staying away from the nationalistic wave of traditional Indo-Pak dramas. The film allows the characters to grow in depth, which keeps the story authentic.

    Creative direction and impressive performances
    Nair sometimes presents the story in a linear fashion, and at other times unravels the layers of the past through flashbacks. The dialogues are simple, but effective, and the emotions in the film don’t feel fake. A political thriller needs edginess to make it a success, and this film passes that test.

    Performance: John Abraham’s outstanding performance
    John Abraham takes his acting to another level in The Diplomat. He is restrained but impressive in the role of JP Singh. His performance is not showy but full of nuances. His silences and gestures make more of an impact than his dialogues.

    Sadia Khatib is superb as Uzma Ahmed. She is completely immersed in the character and brings depth to every scene with her acting. Jagjeet Sandhu, as Tariq, is a strong antagonist, while Revathi (as Sushma Swaraj), Kumud Mishra and Sharib Hashmi also give excellent supporting performances.

    Shortcomings and Conclusion
    The first half of the film seems inconsistent in some dialogues and scenes, and JP Singh’s relationship with his family could have been explored in more depth. The flashbacks to Uzma’s time in Pakistan needed better editing.

    But despite this, The Diplomat’s biggest strengths are its balanced narrative, realistic characters and strong performances. Without unnecessary songs or distractions, the film stays true to its purpose—to effectively present a true story.

  • Happy Holi 2025: Best messages and quotes filled with colours and happiness

    Holi 2025: Best messages and quotes filled with colours and happiness

    Happy Holi 2025: Best messages and quotes filled with colours and happiness
    Happy Holi 2025: Best messages and quotes filled with colours and happiness

    Holika Dahan 2025: Significance, Shubh Muhurat, Puja Vidhi and Rituals
    Holika Dahan, also known as Choti Holi, is an important Hindu festival that symbolizes the victory of good over evil. Holika Dahan 2025 will be celebrated on Thursday, March 13 this year. On this auspicious day, devotees perform Puja and light the fire, which destroys negativity and sins.

    If you want to celebrate this auspicious occasion in the right way, this guide will provide you complete information on Shubh Muhurat, Puja Vidhi, required materials and mantras.

    Significance of Holika Dahan 2025
    Holika Dahan is related to the mythological story of Prahlad and Holika. The festival symbolizes the power of devotion, faith and truth, indicating that good always triumphs over evil.

    Holika Dahan 2025: Shubh Muhurat

    According to the Hindu calendar, the Purnima Tithi will be from 10:35 am on March 13 to 12:23 pm on March 14. Since Holika Dahan during Bhadra Kaal is considered inauspicious, it is best to do it during Pradosh Kaal (evening time).

    ✅ Bhadra Kaal – March 13, 10:35 am to 11:26 pm
    ✅ Holika Dahan Muhurat – March 13, 11:26 pm to March 14, 12:30 pm

    Holika Dahan 2025: Puja Samagri

    It is necessary to use these holy materials during Holika Dahan:

    ✔ Akshat (unbroken rice)
    ✔ Flowers and garlands
    ✔ Roli (vermillion)
    ✔ Kachha Sut (sacred thread)
    ✔ Turmeric powder
    ✔ Wheat flour
    ✔ Lota filled with water
    ✔ Batasha (sweet sugar cake)
    ✔ Desi ghee and lamp
    ✔ Mustard oil and four-faced diya
    ✔ Sweets
    ✔ Cow dung cakes

    Holika Dahan 2025: Puja Vidhi and Rituals
    🔹 Place purification – Clean the pyre site and Sprinkle Ganga water there.
    🔹 Offering Prasad – Keep the puja material near the fire and tie the sacred thread around Holika.
    🔹Prayer and Parikrama – Pray for wealth, prosperity and happiness and peace and circumambulate Holika three or seven times.
    🔹Holika Dahan – Light the fire at an auspicious time and pray for the destruction of negative energy.
    🔹Mantra Recitation – Chant these sacred mantras for auspiciousness and protection:

    📖Maha Mrityunjay Mantra:
    “Om Trayambakam Yajamahe Sugandhim Pushtivardhanam.
    Urvarukamiv Bandhanaan Mrityormukshiya Mamritat.

    📖 Narasimha Mantra:
    “Om Ugram Veeram Maha-Vishnu Jwalantam Sarvato Mukham.
    Nrisimham Bheeshanam Bhadram Mrityur Mrityum Namamyaham.

    Conclusion
    Holika Dahan not only holds religious significance but it also gives the message of abandoning evil and embracing positivity. Perform Puja with a sincere heart on this auspicious occasion and welcome happiness, prosperity, and peace in your life.

    Wishing you all a Happy Holika Dahan 2025! 🎊🔥

  • **Holi 2025: Celebrate the Festival of Colors with Joy, Traditions & Vibrant Festivities!**

    **Holi 2025: Celebrate the Festival of Colors with Joy, Traditions & Vibrant Festivities!**

    Holi 2025: Celebrate the Festival of Colors with Joy, Traditions & Vibrant Festivities!

    Holi 2025: Celebrate the Festival of Colors with Joy, Traditions & Vibrant Festivities!
    Holi 2025: Celebrate the Festival of Colors with Joy, Traditions & Vibrant Festivities!

    Happy Holi 2025: 50+ Wishes to Share with Loved Ones,

    The holy festival of Holi symbolizes love, friendship, and new beginnings. Send these beautiful wishes and images to your loved ones on this auspicious occasion.

    Happy Holi 2025
    This spectacular festival filled with colours brings a message of joy, merriment, and harmony. This year Holi will be celebrated on Friday, March 14, 2025, which marks the victory of good over evil. People across the country splash colours, distribute Gujiyas and other delicious sweets, and celebrate.

    To make your Holi even more special, we have brought you a special collection of wishes, messages, and beautiful images that you can share on WhatsApp, Facebook, and other social media platforms.

    Happy Holi 2025 Wishes and Messages

    1️⃣ May this Holi fill your life with the colours of happiness, love, and prosperity! Wishing you and your family a very Happy Holi of colours! 🌸🎨✨

    2️⃣ May this Holi be filled with sweet memories, bubbling laughter and beautiful colours! Have a joyous and colourful Holi! 🌈🥳

    3️⃣ May the bright colours of Holi bring love, happiness and good health in your life. Wishing you and your family a very Happy Holi of colours! 💖🌸

    4️⃣ Let go of old grudges and embrace your loved ones with affection this Holi! Wishing you and your family a very Happy Holi! 🤗🌸

    5️⃣ Holi is a festival of love, friendship and new beginnings. May it bring joy and excitement in your life like the colours! 🌈💫

    6️⃣ May your life be filled with the colours of happiness and success as you throw colours on your friends and family! Wishing you a very Happy Holi! 🎨🎊

    7️⃣ May this festival of colours bring peace, good luck and immense joy in your life. Happy Holi to you and your loved ones! 🥰✨

    8️⃣ Holi is not just a festival of colours but a symbol of unity, love and joy. Have a safe and cheerful Holi! 🌸🌿

    9️⃣ May this spring of colours fill your life with laughter, love and prosperity! Wishing you and your family a very Happy Holi! 🎉🌈

    🔟 Just like Holi has a variety of colours, may your life also be filled with happiness and positivity! Happy Holi! 🥳🎨

    Special Holi Messages for Friends and Family
    1️⃣1️⃣ Celebrate Holi with enthusiasm, energy and fun of colours! My dear friend, wishing you a joyous Holi filled with colours! 🎉🌿

    1️⃣2️⃣ May this shower of colours bring love, laughter and beautiful memories in your life. Wishing you and your family a very Happy Holi! 🎨💖

    1️⃣3️⃣ Let us all fill this Holi with the colours of happiness. May this festival bring love, peace and prosperity in your life! 🌈💞

    1️⃣4️⃣ Wishing you and your family a lot of love, laughter and happiness this Holi! May this festival be as colourful as your smile! 🌸🥳

    1️⃣5️⃣ Holi is a festival of forgetting the sorrows of the past and embracing happiness anew. Have a wonderful and colourful Holi! 🎊🌿

    1️⃣6️⃣ This festival gives the message of love, harmony and brotherhood. May this Holi bring immense happiness in your life! 🌈💫

    1️⃣7️⃣ May your heart be filled with happiness and your life be drenched in the beautiful colours of Holi! Enjoy this festival! 🎉💖

    18. As you spread colours in the air, may they bring new joys of happiness and success in your life! May this Holi celebration be memorable and joyous for you! 🌈✨

    19. Play Holi with natural colours and create beautiful memories with your loved ones. Wishing you a safe, happy and colourful Holi! 🎊🌿

    20. May this Holi filled with love, laughter and colours bring new enthusiasm and positivity in your life! May your days be brightened with happiness! 💖🌸

    ### **Happy Holi 2025 GIFs**
    The festival of Holi fills the atmosphere with laughter, merriment and colours. (Pinterest)

    This festival strengthens the bonds of affection and friendship. (Pinterest)

    The tunes of traditional songs and the beats of drums add to the charm of this celebration. (Pinterest)

    Holi teaches us to forgive, forget and embrace happiness. (Pinterest)

    ### **Holi 2025 WhatsApp and Facebook Status**

    21. “Holi is not just a festival of colours but of love and joy. It is an occasion to express our affection and share happiness.” – Wishing you a colourful and joyous Holi! 🎨✨

    22. May the colours of Holi bring peace, love and prosperity in your life. Enjoy this festival to the fullest! 🌸💖

    23. “Holi is not just a festival of colours but an occasion to spread love, laughter and positivity.” Wishing you a safe and joyous Holi! 🌈🥳

    24. Celebrate this festival with zeal, joy and warmth. May the beautiful colours of Holi brighten your days ahead! 🎊🌿

    25. When there are colours in life, every moment becomes beautiful. This Holi, spread happiness and cheer all around! Have a wonderful Holi! 🌈💞

    26. Holi reminds us that good always triumphs over evil. May your life always be filled with positivity and success! 🌸✨

    27. Fill your heart with love and your hands with colours. May your dreams be as bright and beautiful as these colours this Holi! 🎨💖

    28. Holi gives us an opportunity to feel the beauty of life, the value of friendship and the magic of colours. Enjoy this festival! 🌈🥳

    29. Welcome happiness and good fortune by immersing yourself in the colours of Holi. May this festival add precious memories to your life! 🎊🌿

    30. Holi is not just about colours, but an opportunity to live life to the fullest without worries. Celebrate this festival! 🎨✨

    31. Wishing you a Holi filled with bright colours, immense happiness and lots of love. May your life always shine like Holi! 🌸💖

    32. May this Holi add new colours of happiness, prosperity and peace to your life. Enjoy this colourful festival with your loved ones! 🎉🎨

    33. The festival of Holi is all about spreading the message of love, peace and happiness. Enjoy this beautiful day to the fullest and make it memorable! 🌈✨

    34. This Holi, may your life be as colourful and joyous as this festival. Wishing you lots of love and lots of happiness! 🎊💞bolizes the victory of good over evil. On this auspicious occasion, have fun with colours with your loved ones and spread the message of love and harmony.

    Happy Holi to all of you! 🎨🌸✨

    35. **Holi** is the perfect time to erase old grudges, give a new dimension to relationships and clear misunderstandings. Let your life be drenched in the colours of love and laughter! 🌈✨

    36. This Holi, may your heart be filled with love and your life be illuminated with happiness. Wishing you a joyous festival full of colours! 🎨💖

    37. Let this Holi, fill your life with the colours of love, joy and happiness. Wishing you and your family a memorable and beautiful Holi! 🌸🥳

    38. May the colours of Holi fill your life with warmth and positivity. Enjoy this colourful festival with your family and friends! 🎊💞

    39. Let this Holi mark the beginning of new relationships and new happiness. Wishing you immense prosperity and happiness in the year ahead! 🌈✨

    40. **Happy Holi!** May this festival of colours fill your life with countless joys and bring comfort and peace to your heart! 🎨💖

    41. Holi is not just a celebration of colours but also of happy moments spent with loved ones. Wishing you a fun-filled and joyous Holi! 🥳🌿

    42. This Holi, fill your life with bright colours of hope, love and happiness. Enjoy every moment and celebrate the festival! 🎉💫

    43. May the bright colours of Holi bring enthusiasm, energy and new vibes in your life. Enjoy this vibrant festival to the fullest! 🌸🥳

    44. Wishing you a wonderful Holi filled with sweet memories, colourful moments and blooming smiles. Enjoy this festival of colours to the fullest! 🎊💞

    45. Just like the colours of Holi spread happiness and joy all around, may your life also be filled with love, joy and success. Wishing you a colourful and happy Holi! 🌈✨

    46. On this festival of colours, I wish that all your dreams come true and may you always be surrounded by love and laughter. **Happy Holi!** 🎨💖

    47. Holi is an occasion to forget old grudges and fill your life with the colours of happiness. This time make the canvas of your life even more colourful! 🌸🥳

    48. This Holi, may every colour bring new happiness in your life and may you find immense peace and love in every moment. Celebrate the beauty of life! 🎊💞

    49. May the colours of Holi bring your loved ones closer to you and fill your life with love, joy and happiness! 🌈✨

    50. Just like the colours of Holi spread cheer and joy all around, may your life also be filled with success and positivity. Have a beautiful and colourful day! 🎨💖

    51. **Happy Holi** to all my loved ones! **May you always be happy and your life be filled with joy! 🌸🥳

  • Harmanpreet Kaur’s Heroics Lead MI to Victory Against RCB in WPL 2025

    Harmanpreet Kaur’s Heroics Lead MI to Victory Against RCB in WPL 2025

    Harmanpreet Kaur’s Heroics Lead MI to Victory Against RCB in WPL 2025

    Harmanpreet Kaur's Heroics Lead MI to Victory Against RCB in WPL 2025
    Harmanpreet Kaur’s Heroics Lead MI to Victory Against RCB in WPL 2025

    RCB-W vs MI-W: Result
    20th Match (N), Brabourne, 11 March 2025, Women’s Premier League
    🏏 RCB-W: 199/3
    🏏 MI-W: 188/9 (20 overs, target: 200)

    RCB Women win by 11 runs

    Mandhana, Wareham, Rana perform brilliantly to deny MI the top spot

    Royal Challengers Bangalore (RCB) ended the season on a high note as they defeated Mumbai Indians (MI) by 11 runs and knocked them out of the top spot. However, MI made it straight to the final.

    Sneh Rana’s impressive performance

    Sneh Rana picked up two crucial wickets in her first two overs to turn MI’s start into a shaky one.

    Match Brief:

    RCB batted first and scored 199 for 3. Smriti Mandhana (53), Alyssa Perry (49*), Richa Ghosh (36) played brilliant knocks while Hayley Matthews took 2 wickets (2-37) for MI. In reply, despite a brilliant innings from Nat Sciver-Brunt (69), MI could only manage 188 for 9. Sneh Rana registered excellent figures of 3-26.

    MI’s race for top spot ends, RCB makes a strong comeback

    First season champions Mumbai Indians (MI) needed a win to top the table and enter the final directly, but poor fielding and RCB’s aggressive play defeated them. Nat Sciver-Brunt fought alone, but it became difficult for MI to achieve the target as she was dismissed for 69 in the 15th over.

    RCB’s aggressive batting set the stage for victory

    In this match, RCB put pressure on MI bowlers with their aggressive attitude. S Meghna and Mandhana gave a great start, while Perry, Ghosh and Wareham batted fast to take the team to a strong score.

    Mandhana scored 53 runs off 37 balls, including 6 fours and 3 sixes.

    Meghna gave a quick start by scoring 26 runs off 13 balls.

    Alyssa Perry (49*) and Georgia Wareham (31* off 10 balls) scored runs quickly in the end.

    MI’s weak fielding became the reason for the defeat

    MI dropped several catches during the match, giving RCB a chance to reach a big score. RCB batsmen attacked the bowling of Kerr and Ismail, which weakened MI’s strategy.

    Rana’s sharp bowling wiped out MI

    MI got off to a bad start, and Kerr failed once again. Matthews played some good shots, but Rana pushed the team back by dismissing both MI openers in her first two overs.

  • IndusInd Bank’s Share Price Falls 15% to ₹765.55 on March 11, 2025,

    IndusInd Bank’s Share Price Falls 15% to ₹765.55 on March 11, 2025,

    IndusInd Bank’s Share Price Falls 15% to ₹765.55 on March 11, 2025,

    IndusInd Bank's Share Price Falls 15% to ₹765.55 on March 11, 2025,
    IndusInd Bank’s Share Price Falls 15% to ₹765.55 on March 11, 2025,

    On Monday, IndusInd Bank informed the stock exchanges that it had found accounting errors in its foreign exchange derivatives portfolio, which could impact its earnings and net worth.

    The bank said that during an internal review, it was found that hedging costs related to foreign exchange transactions were miscalculated over the last five to seven years. This review was related to the processes of other asset and liability accounts. The bank had used internal derivative trades on its foreign currency borrowings and deposits till March 31, 2024. This assessment was done in line with the valuation processes of the Reserve Bank of India (RBI) and commercial banks’ investment portfolio, including derivative portfolio management.

    Financial impact and market movement

    This discrepancy is estimated to have a potential impact of 2.35% (about Rs 1500-1600 crore) on the total value of the bank. As of December 31, 2024, the bank’s total assets were Rs 65,102 crore.

    On Tuesday, IndusInd Bank shares recorded their biggest ever fall, closing 27.2% lower at Rs 655.95 on the BSE. This was the lowest level since November 2020 after hitting an intra-day low of Rs 649. The stock also fell 27.06% on the NSE. The stock had already fallen by 4% on Monday after the bank’s CEO Sumant Kathpalia got just a one-year extension from the RBI instead of the three-year term.

    The stock has been falling for the last five sessions and is down 58% from its 52-week high of Rs 1,576.35 hit on April 8, 2024. The fall has eroded the bank’s market capitalisation by about Rs 19,000 crore.

    Analysts’ opinion

    According to Motilal Oswal Financial Services, anomalies were caused by insider trades linked to swap contracts amid low liquidity. This trading was done under 3/5-year yen and 8/10-year dollar borrowings. When the new investment norms came into effect from April 1, 2024, internal swaps done by the banks’ asset liability management (ALM) and treasury desks were exposed.

    A senior analyst told Reuters, “When the currency market became volatile and the dollar strengthened, the treasury department booked these profits. However, the bank should have reported the losses that were incurred due to the ALM desk’s swap trades but it did not do so. Whether this was done deliberately or it was a systemic mistake is not yet clear.”

    Domestic brokerage firm Nuwama raised concerns over the delayed disclosure. “The bank said it wanted to present the most accurate assessment of the impact, hence it was not disclosed in the Q3FY25 earnings report,” the report said.

    Strategy ahead

    IndusInd Bank has appointed an external agency to conduct an independent review of the matter, after which the potential impact can be re-evaluated after the final report is released. According to media reports, PwC is probably handling this review.

    The bank says that this loss may be visible in the March 2025 quarter or the June quarter of FY 2025-26. However, the bank has assured that its profitability and capital adequacy are strong enough to handle this one-time impact.

    IndusInd Bank promoter Ashok Hinduja also assured investors that the bank is financially strong and the promoters will make additional investments if capital is required. He told CNBC-TV18, “Investors need not panic. The banking business runs on trust and transparency. The bank itself has brought this issue to the fore.”

    Impact on the stock and brokerage reaction

    Several brokerage houses downgraded the stock of IndusInd Bank and reduced their price targets. ICICI Securities estimates that this discrepancy will lead to a post-tax loss of Rs 2,000-2,100 crore. “This impact will be reflected in the P&L statement and the bank may report a loss in Q4FY25. Overall, the impact on the bank’s earnings could be up to 25%,” the report said.

    Risks in the banking sector and lessons for investors

    Risks in the banking sector remain persistent, making it challenging for investors to select banking stocks. In recent years, Yes Bank, RBL Bank and Bandhan Bank have also gone through crises.

    Devina Mehra, founder and CMD of First Global, wrote in her LinkedIn post, “Banking is a business where negative surprises outweigh positive surprises. When a bank grows faster than expected, it becomes clear after a few years what problems were hidden in that growth.”

  • Panchang for March 12, 2024: Know Tuesday’s Almanac, Rahukaal, Auspicious Timings, and Sunrise-Sunset Details.

    Panchang for March 12, 2024: Know Tuesday’s Almanac, Rahukaal, Auspicious Timings, and Sunrise-Sunset Details.

    Panchang for March 12, 2024: Know Tuesday’s Almanac, Rahukaal, Auspicious Timings, and Sunrise-Sunset Details.

    anchang for March 12, 2024: Know Tuesday's Almanac, Rahukaal, Auspicious Timings, and Sunrise-Sunset Details.
    Panchang for March 12, 2024: Know Tuesday’s Almanac, Rahukaal, Auspicious Timings, and Sunrise-Sunset Details.

    March 12 marks the day of Phalgun Shukla Paksha Dwitiya and falls on a Tuesday. The Dwitiya Tithi will remain until 7:14 AM on Tuesday, after which Tritiya Tithi will begin. On March 12, Brahma Yoga will last until 4:08 AM the next day. Additionally, Revathi Nakshatra will be in effect from 8:29 PM on Tuesday.

    Apart from this, Ramakrishna Paramahamsa Jayanti and Phulera Dooj will be celebrated on March 12. Get insights from Acharya Indu Prakash about Tuesday’s almanac, Rahukaal, auspicious timings, and sunrise-sunset details.

    Auspicious Timings for March 12, 2024

    Udaya Tithi of Falgun Shukla Paksha: Dwitiya Tithi will last until 7:14 AM on March 12, 2024, after which Tritiya Tithi will begin.
    Brahma Yoga: It will last throughout the entire day on March 12, 2024, and end at 4:08 AM the next day.
    Revathi Nakshatra: Begins at 8:29 PM on March 12, 2024.
    Fasts & Festivals on March 12, 2024: Phulera Dooj, Ramakrishna Paramahamsa Jayanti.
    Rahukaal Timings (City-wise):
    Delhi: 3:29 PM – 4:58 PM
    Mumbai: 3:47 PM – 5:17 PM
    Chandigarh: 3:30 PM – 4:59 PM
    Lucknow: 3:14 PM – 4:43 PM
    Bhopal: 3:28 PM – 4:58 PM
    Kolkata: 2:45 PM – 4:14 PM
    Ahmedabad: 3:48 PM – 5:17 PM
    Chennai: 3:19 PM – 4:49 PM
    Sunrise & Sunset Timings:
    Sunrise: 6:34 AM
    Sunset: 6:28 PM

  • GG vs MI Live Streaming, Scorecard & Post-Match Analysis | IPL 2024 Latest News

    GG vs MI Live Streaming, Scorecard & Post-Match Analysis | IPL 2024 Latest News

    GG vs MI Live Streaming, Scorecard & Post-Match Analysis | IPL 2024 Latest News

    Giants vs Indian Live Score, Highlights, and Post-Match Analysis

    Giants vs Indian Live Score, Highlights, and Post-Match Analysis
    Giants vs Indian Live Score, Highlights, and Post-Match Analysis

    LIVE: WPL 2025 – Gujarat Giants vs Mumbai Indians
    Hello and welcome to Sportstar’s LIVE coverage of the Women’s Premier League 2025 clash between Gujarat Giants and Mumbai Indians at the Kotambi International Stadium, Vadodara.

    I’m Rajdeep Saha, and I’ll be taking you through Gujarat Giants’ final home game of this edition.

    Key Updates
    🔹 Meet Mumbai’s debutants – Who are Kamalini and Parunika?
    🔹 TOSS UPDATE – Mumbai Indians elect to bowl first.
    🔹 PITCH REPORT – Some early movement expected for bowlers.

    match summary

    🏆 Mumbai Indians WIN by 5 wickets!
    📍 MI 122/5 (16.1 overs) | Target: 121
    ✅ Sajana seals the victory with a one-handed shot over the covers, securing MI’s first win of the season with 23 balls to spare!

    Key Moments:
    Nat Sciver-Brunt’s masterclass! – 57 (39) before being bowled by Priya.
    G Kamalini’s dream start! – Hits a FOUR off her first ball in WPL.
    Kashvee Gautam on fire! – Picks up crucial wickets for GG.
    Harmanpreet Kaur departs early! – Trapped LBW by Kashvee for just 4 runs.
    First Innings: Gujarat Giants (120 all out, 20 overs)
    🔸 Harleen Deol’s 32 (31) was the top score, but GG struggled to build partnerships.
    🔸 Nat Sciver-Brunt, Kerr, and Matthews led MI’s bowling attack, taking key wickets.
    🔸 Late resistance from Tanuja Kanwer (13 off 12) and Sayali Satghare (10 off 7) took GG to 120.

    Second Innings: Mumbai Indians (122/5, 16.1 overs)
    🔹 Sciver-Brunt’s all-round brilliance led MI’s chase.
    🔹 Amelia Kerr (19 off 20) and Kashvee’s stunning spell kept GG in the fight.
    🔹 Sajana Sajeevan finished the match in style!

    Pre-Match Highlights
    📢 Debut Alert! Mumbai hands first caps to G Kamalini & Parunika Sisodia.
    📍 Pitch Report: Chilly conditions, some assistance for bowlers early on.
    📺 Where to watch? Live on Star Sports & JioHotstar.