The State Bank of India (SBI) on Monday said it has plans to recruit more than 14,000 employees this year and noted that media reports about 'On Tap VRS' scheme have been interpreted as a cost-cutting measure but it had been thought to provide a congenial solution to employees who expressed the desire for making a strategic shift in their vocations.

There have been media reports about the 'On Tap VRS' scheme proposed to be introduced by SBI. The reports have been interpreted as a cost-cutting measure and Bank's intent to reduce the workforce, an SBI spokesperson said.

United States (US) President Donald Trump and Democratic Presidential candidate Joe Biden took rhetorical swipes at each other on Monday as the presidential race entered its traditional homestretch on the U.S. Labor Day holiday.

Trump described Biden, whom he trails in national polls, as a threat to the economy and stupid, while Biden took aim at Trump`s reported disparaging of fallen troops.

The Punjab government of Monday announced some relaxations in lockdown in urban areas, including the opening of non-essential shops on Saturdays and relaxation in their timing from Monday to Saturday till 9 pm amid the COVID-19 pandemic.

Night curfew will be in place in all cities and towns now from 9.30 pm to 5 am as per the revised decision. Hotels and restaurants will be allowed to remain open on all days, including Sundays, till 9 pm, after which home delivery of food will be allowed, as per the revised guidelines.

India's 'Chandrayaan-3' moon mission is likely to be launched early next year, i.e. in the first quarter of 2021. The third planned lunar exploration mission by the Indian Space Research Organisation (ISRO) is likely to only include a 'lander' and a 'rover' similar to that of Chandrayaan-2 but will not have an orbiter. This information was provided by Union Minister Jitendra Singh, the Minister of State (MoS) for the Department of Space.

Contact with Chandrayaan-2 was broken in September last year when the snag in communication led to the failure of the mission's soft landing attempt on the lunar surface after successful orbital insertion.

Shares of Tata Motors Differential Voting Rights (DVRs) rallied 11 per cent to Rs 62.50 on the National Stock Exchange (NSE) on Monday after its promoter Tata Sons acquired more than 5 million shares, worth Rs 30 crore, via open market on Friday.

On September 4, Tata Sons purchased 5.3 million shares, representing 1.04 per cent stake of Tata Motors DVR, at price of Rs 56.02 per share on the NSE via bulk deal, the exchange data shows. The names of the sellers were not ascertained immediately.

Top-seeded Novak Djokovic was defaulted from his fourth-round match at the US Open after he accidentally hit a line judge with a tennis ball on Sunday.

It was a stunning end to Djokovic's bid for an 18th Grand Slam title and his 26-0 start to this season.

With Bihar Assembly polls likely soon, RJD leader Tejashwi Yadav on Monday said that there is no public base of Chief Minister Nitish Kumar in the State and the real fight is between his party Rashtriya Janata Dal (RJD) and Bharatiya Janata Party (BJP).

In Bihar, there is no public base of Nitish Kumar. He cannot fight on his own in Bihar. In 1995 when there was the Samata Party, they were limited to only 7 seats. in 2014, when JD(U) fought on its own, they won only 2 seats. Nitish Kumar is not a factor in Bihar. There is a direct fight between RJD and BJP, Yadav told ANI.

India's COVID-19 tally of cases went past 42 lakh with a record 90,802 people being infected in a day, while 32,50,429 people have recuperated so far, pushing the national recovery rate to 77.30 per cent on Monday, according to the Union health ministry data.

The total number of coronavirus cases mounted to 42,04,613, while the death toll climbed to 71,642 with 1,016 fatalities being reported in a span of 24 hours, the data updated at 8 am showed.

Public transportation across Tamil Nadu started on Monday after 170 days. The development is seen as significant, especially for the state economy, considering the state is known for its high intra-state migration.

All the intra-state and inter-district transportation started today morning. The State Express Transport Corporation (SETC), which caters to long distance commuters, has started the service with non-AC buses linking various parts of the state with Chennai.

Chief Minister Arvind Kejriwal expressed happiness over the resumption of Delhi Metro services after five months hiatus on Monday. He has requested everyone to take all the necessary precautions while commuting.

Taking to Twitter, the Chief Minister wrote, I am happy that the metro services are starting from today. The Delhi Metro has made good arrangements. We all should take precautions and not neglect them.

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