New Delhi, July 10 (IANS) India’s best strategy to get the best trade deal with the US is to wear down the opening position, not the relationship, keep the conversation warm, avoid public escalation, make limited and reversible offers, and wait for the Donald Trump Administration’s first demand to run into the US market costs, China-balancing needs and alliance fatigue, an SBI Research report said on Friday.Then bargain late, when Washington’s reservation price is clearer and India’s value a…
Latest State Bank of India News & Updates
Ayodhya, July 9 (IANS) After a controversy erupted over the alleged embezzlement of donations made at the Ram Temple and the subsequent arrest of eight accused, no new outsourced employee has been hired by the Temple Trust, sources said on Thursday.According to the State Bank of India (SBI) sources, the Shri Ram Janmbhoomi Teerth Kshetra Trust had recruited staff through an outsourcing agency after the surge in devotees during the Mahakumbh last year. These recruits were primarily hired as house…
Ayodhya, July 9 (IANS) The Shri Ram Janmabhoomi Teerth Kshetra Trust has issued clarification regarding the 200 kg of silver donations to the Ram Mandir by members of the Sindhi community in 2021, addressing the community’s concerns and also informing that everything stands logged and documented in its records. The clarification comes days after the Vishwa Sindhi Seva Sangam wrote to the Trust seeking details of 200 kg silver donated on January 26, 2021. The organisation had stated that the dono…
Kolkata, July 8 (IANS) Hours after the Enforcement Directorate (ED) on Wednesday issued a statement alleging dubious transactions through three bank accounts of the Trinamool Congress, on which debit restrictions have already been imposed, the former ruling party in West Bengal issued a statement rejecting the allegations made by the central agency.The Trinamool Congress also described the ED’s action relating to the freezing of its three bank accounts, with total deposits of Rs 440 crore, as po…
New Delhi, July 8 (IANS): The Enforcement Directorate (ED) conducted search operations on Tuesday at the premises of M/s E-Complex Private Limited and the residential premises of one of its directors, which resulted in the detection and seizure of evidence pertaining to suspicious transactions and assets beneficially owned or controlled by Reliance Anil Ambani Group, according to an official statement issued on Wednesday. During the search operations, several incriminating documents, records rel…
Jaipur, July 7 (IANS) The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth around Rs 112.90 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with an alleged Rs 376 crore bank fraud involving M/s LEEL Electricals Limited (formerly Lloyd Electric and Engineering Limited), its main promoter Bharat Raj Punj, and others. According to the ED’s Jaipur Zonal Office, the attached properties include land, industrial …
Ayodhya, July 7 (IANS) Police in Uttar Pradesh’s Ayodhya have moved the court seeking custody of three accused from whom substantial amounts of cash were recovered, as part of the ongoing investigation into the Ram Temple donation theft case. According to the police, custody has been sought to obtain crucial information related to the bank accounts of the accused and to trace the financial trail linked to the recovered money.Officials said investigators suspect that a portion of the allegedly st…
Ayodhya/New Delhi, July 7 (IANS) The Special Investigation Team (SIT), formed by the Uttar Pradesh government a few days ago, submitted its preliminary report on alleged irregularities in the counting of donations at Shri Ram Janmabhoomi Temple. The probe, requested by the Ram Janmabhoomi Teerth Kshetra Trust, reveals systematic cash theft during the counting process. According to the SIT, CCTV footage from April 27 to June 5, 2026, captured around 70 instances of counting staff hiding bundles a…
Patna, July 6 (IANS) A major burglary was reported from the Daniyawan police station area of Patna district, where unidentified criminals allegedly used a gas cutter to break into a mobile showroom and its warehouse, then escaped with cash and electronic goods worth nearly Rs 40 lakh. The incident occurred at Neha Mobile Corner, located in Galaxy Tower behind the State Bank of India (SBI) branch in Daniyawan market. The theft has triggered concern among local traders and shopkeepers.According to…
Mumbai, July 5 (IANS) The combined market valuation of six of India’s 10 most-valued companies rose by more than Rs 1 lakh crore last week, led by a sharp gain in Bharti Airtel, as benchmark equity indices extended their winning streak amid sustained investor optimism.The rally came as the Sensex advanced 663.44 points, or 0.86 per cent, during the week, while the Nifty gained 214.85 points, or 0.89 per cent.Among the top gainers, Bharti Airtel recorded the biggest increase in market valuation, …