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BusinessThere is no limit on depositing over Rs 10 lakh in cash into a savings account annually, but the source must be legitimate and documented. Banks must report cash deposits totaling Rs 10 lakh or more in a financial year under Statement of Financial Transactions rules. This applies to combined deposits across the year, not individual transactions, and excludes current and time deposits.
News18 Business·
PoliticsThe new Barapulla Phase-3 flyover in Delhi is facing heavy traffic jams, drawing comparisons to the failed BRT corridor. The flyover, stretching from Mayur Vihar to AIIMS, is under scrutiny as commuters question if it will suffer the same fate as the BRT system, which was widely criticized for causing congestion.
News18 Hindi··Delhi
WorldSCERT Uttarakhand has partnered with Kotak Education Foundation to improve AI literacy and digital education among teachers in the state. They will jointly develop content, design online courses, and provide technical support, delivering these through platforms like DIKSHA, UK e-Srijan, and Mission Karmayogi. The initiative aims to integrate AI and digital pedagogies to enhance teaching practices and student outcomes across Uttarakhand.
HT Education··Uttarakhand
BusinessKotak Mahindra Bank shares rose 10% in two months despite a market decline, driven by strong loan growth, clear leadership, and improving asset quality. Analysts highlight positive catalysts such as a new CEO appointment and better earnings expectations, which are key to the bank's recovery and valuation improvement.
Mint Markets·
EntertainmentActor Salman Khan invited BJP Youth Morcha treasurer Sai Prasad and his wife to his home for dinner. Sai Prasad described the meeting as memorable, highlighting the warm hospitality shown by Salman Khan during the visit.
Amar Entertainment·
PoliticsWest Bengal Chief Minister Suvendu Adhikari defended the detention of AJUP chief and MLA Humayun Kabir in Nandigram, accusing him of interfering in the election process by visiting another polling booth. Adhikari said that even he could be detained for such actions, emphasizing that the Election Commission's rules govern the process, not the state government.
News18··Nandigram
News18 Business·
There is no limit on depositing over Rs 10 lakh in cash into a savings account annually, but the source must be legitimate and documented. Banks must report cash deposits totaling Rs 10 lakh or more in a financial year under Statement of Financial Transactions rules. This applies to combined deposits across the year, not individual transactions, and excludes current and time deposits.
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