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“It was an instantaneous decision. My only thought was to save the child’s life and I am glad that I could do so,” said Mayur Shelke humbly, at an event felicitating him for his extraordinary act of risking his own live by sprinting in the face of a thundering Udayan Express to save a 6-year...
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  • The Reserve Bank of India (RBI) has cancelled banking license of Bagnan, West Bengal-basdd United Co-operative Bank Ltd, due to poor financial condition.    However, RBI says, all the depositors will receive full amount of their deposits from Deposit Insurance and Credit Guarantee...
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  • We had mentioned in previous week’s closing report that Nifty, Sensex may move sideways. The major indices opened higher but headed downward and ended with minor losses over previous Friday’s closing price. The trend of the major indices in the week is given in the table:  
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    Taking cognizance of recent incidents where bank employees were manhandled by police, the union finance ministry has asked chief secretaries of all states and union territories (UTs) to provide adequate safety to bank employees and consider special dispensation for vaccination for them on...
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  • The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory  
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