Prime Minister Narendra Modi on July 22 hit out at the previous UPA government, saying while it destroyed the banking sector with "scams" his dispensation has restored its good financial health, with India now known for the sector's strength.

Addressing a Rozgar Mela after giving appointment letters to over 70,000 recruits virtually, Mr. Modi noted that a large number of them have been employed in the banking sector as he highlighted how it was "destroyed" under the previous dispensation before his government took corrective measures.

The BJP alleged on Saturday that two tribal women were stripped naked and tortured a few days ago in West Bengal while police remained a "mute spectator". In a Twitter post, BJP's I-T department head Amit Malviya, who is also the party's co-incharge for the state, said the incident took place in Malda on July 19, with a "frenzied mob baying for her blood".

He also posted a video with blurred images of the crime.

The White House has condemned as "totally unacceptable" the harassment of a US journalist on social media for asking Prime Minister Narendra Modi a question at his joint press conference here with President Joe Biden.

Last week, The Wall Street Journal reporter Sabrina Siddiqui asked Prime Minister Modi about the rights of minorities in India and what steps his government was willing to take to improve them and also uphold free speech.

Fintech firm One97 Communications, which operates under the Paytm brand, on Friday reported narrowing of loss to Rs 358.4 crore.

The company had posted a loss of Rs 645.4 crore in the same period a year ago.

Goa Chief Minister Pramod Sawant on Tuesday said that the first Vande Bharat Express launched in Goa today will improve faster connectivity of the State with Mumbai and also boost tourism and trade.
"I am very grateful to PM Modi and Ashwini Vaishnaw for running the Vande Bharat train in the state. The PM will flag this virtually. This (Vande Bharat train) will definitely help in the faster connectivity of Goa with Mumbai which will boost tourism and trade," Pramod Sawant said ahead of the ceremony to flag off the five Vande Bharat express trains from Bhopal.

Gold price declined Rs 310 in Saturday's early trade, with ten grams of 24-carat gold trading at Rs 60,440 according to the GoodReturns website. Silver price, on the other hand, rose Rs 600, with 1 kg of the precious metal selling at Rs 79,000.

The price of 22-carat gold dipped Rs 300, with the precious metal selling at Rs 55,400.

JSW Steel reported on Friday a 179 per cent year-on-year (YoY) rise in consolidated net profit at Rs 2,338 crore in the June quarter (Q1 FY24) on the back of higher sales and lower raw material cost. Net profit was Rs 838 crore in the year-ago period.

Consolidated revenue from operations was at Rs 42,213 crore, higher by 10.83 per cent as sales increased. Steel sales in Q1 FY24 stood at 5.71 million tonnes (mt), higher by 27 per cent YoY.

Prime Minister Narendra Modi will distribute more than 70,000 appointment letters to newly inducted recruits in government departments under the Rozgar Mela on Friday via video conferencing. The event will start at 10:30 am.

According to the Prime Minister's Office (PMO), the Rozgar Mela will be held at 44 locations across the country. The recruitments will take place across "central government departments and state governments/ union territories supporting this initiative".

Subhash Chandra is in talks with JC Flowers Asset Reconstruction Co (ARC) to buy back his family's shares in Dish TV for Rs 1,500 crore, Mint reported on Friday. With JC Flowers ARC's 24.19 per cent stake in the company, Chandra's total holding in the satellite TV operator will rise to 28.2 per cent, if the transaction goes forth.

Among the things Chandra has moved to regain are shares of Zee Learn and three properties including a Rs 2.8 crore bungalow in central Delhi.

Utkarsh Small Finance Bank (SFB) made a strong stock market debut on Friday, with its shares getting listed at Rs 40 apiece, a staggering 60 per cent premium over its issue price of Rs 25 per share on the National Stock Exchange (NSE). The stock opened at Rs 39.95 on the BSE.

At 10:02 AM, Utkarsh SFB was quoting at Rs 38.60, 54 per cent higher than the issue price on the NSE and BSE. The stock hit a low of Rs 37.20 in the intra-day trade. In comparison, the benchmark indices, Nifty 50 and S&P BSE Sensex, were down 0.7 per cent.

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