Washington: US president Donald Trump warned Monday that Iran is “playing with fire” after Tehran said it exceeded a limit on enriched uranium reserves under a 2015 nuclear deal abandoned by Washington.

Israel urged European states to sanction Iran, while Russia voiced regret but said the move was a consequence of US pressure, which has pushed the deal towards collapse.

ICICI Bank, Punjab National Bank and Central Bank of India on Monday cut their marginal cost of funds-based lending rates (MCLRs) across tenures for the first time after the Reserve Bank of India (RBI) lowered the repo rate by 25 bps to 5.75% in June.

ICICI Bank, the country’s second largest private bank by assets, cut its one-year MCLR — the benchmark for most customer loans — by 10 bps to 8.65%. While the MCLR for shorter periods now stands at 8.60% for six months, 8.45% for three months, 8.40% for one month and overnight lending.

Digital payments system Paytm on Monday said it aimed to achieve 2 billion quarterly transactions this year. The company revealed that it had been witnessing impressive month-on-month growth across all payment-use cases available on its platform.

The company, which recently announced shifting its cash back focus from P2P (peer-to-peer) UPI transactions to offline merchant payments at retail kirana stores, is now expanding its footprint in Tier-VI and Tier-V towns. It is keen on acquiring news users, who still are relying on cash transactions.

As the seasonal monsoons made a striking entry into Maharashtra, it also handed out its share of woes for the citizens. Work life in the sprawling metropolis of Mumbai took a hit following the incessant rainfall since the last two days, as road and railway traffic remained jammed with water choking the tracks.

However, in what comes as a repeated case of disaster due to shoddy construction, at least 27 people have died in three separate incidents of a wall collapse in Maharashtra.

By the time MS Dhoni played his first ball in the ICC Cricket World Cup 2019 match against England on Sunday, India required 104 off 61 balls with six wickets in hand. Now, in today’s times when T20 cricket has pushed the boundaries of the imaginable, that might not seem to be the hardest task for a batsman. However, it’s worth noting the stat that only twice in the 21st century has a chasing team managed to score more than a 100 runs in the final 10 overs of an ODI and win it.

In an unprecedented move, the board of rating agency ICRA on Monday has asked its Managing Director and Chief Executive Officer Naresh Takkar to go on indefinite leave, pending an enquiry into concerns raised by the market regulator the Securities and Exchange Board of India (Sebi).

Without disclosing specific reasons, the rating agency informed the stock exchanges that its board in its meeting on Monday decided to place Takkar on leave,

Solar and wind energy projects may constitute over half of India’s total power capacity of by 2030, according to a draft report by the country’s power-planning body, which sees the country surpassing its climate goals.

Solar and wind projects are seen constituting 440 gigawatts of capacity out of the projected 831 gigawatts in more than a decade, the Central Electricity Authority said in the report Monday.

India’s workforce has fewer women than it did six years ago: no more than 18% in rural areas are employed, compared to 25% in 2011-12 and 14% in urban from 15%. However, in urban areas, the percentage of women in salaried jobs has increased from 35.6% in 2004 to 52.1% in 2017, but continue to be under-represented compared to their presence in self-employed or casual work, according to an analysis of the latest government employment data by Azim Premji University researchers.

West Bengal Finance Minister Amit Mitra came down heavily on the current as well as proposed mechanism of filing goods and services tax (GST) returns as well as "distortion" in the rate structure on Monday, when the Union government celebrated two years of the roll-out of the indirect tax regime.

In a letter to Finance Minister Nirmala Sitha­raman, Mitra attributed sluggish GST collections to distortions in the GST rate structure and complexities in procedures.

Maruti Suzuki India Monday reported a 14 per cent decline in total sales at 1,24,708 units in June as against 1,44,981 units in the same month last year.

Domestic sales during the month were down 15.3 per cent at 1,14,861 units last month compared to 1,35,662 units in June last year, Maruti Suzuki India (MSI) said in a statement.

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