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Bank Merger: Public sector banks to merge! Indian banking will get a global face in 2026

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  PSU Bank Consolidation: Currently, there are 12 public sector banks in the country. Only the State Bank of India (SBI) is among the top 50 banks globally by assets. SBI ranks 43rd globally by assets. PSU Bank Consolidation:  The process of consolidation among public sector banks may accelerate in the coming year, as the government has expressed its desire to create more large, world-class banks in the country as part of its goal of a “developed India” by 2047. Finance Minister Nirmala Sitharaman stated last month that India needs several large, world-class banks, and work in this direction has already begun. She stated that the government has initiated discussions with the Reserve Bank of India (RBI) and public sector banks in this regard, which clearly signals the consolidation of public sector banks. The Challenge of Breaking into the World’s Top Banks Currently, there are 12 public sector banks in the country. Only the State Bank of India (SBI) is among the top 50 banks g...

Cold Wave Warning: Cold wave to prevail on December 27, 28, 29, 30 and 31; Meteorological Department issues warning in these states

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  Cold Wave Warning: The country is now set to experience record-breaking winter temperatures. The Meteorological Department has issued a cold wave warning for several states on December 27, 28, 29, 30, and 31, which will bring severe cold. Cold Wave Warning:  The cold is increasing day by day. The increasing cold has increased the chill in many states across the country. People are shivering due to the increasing impact of the cold, and its effects are being felt in many states. Now, the cold wave in the country will break records. In this context, the India Meteorological Department (IMD) has issued a cold wave warning for several states on December 27, 28, 29, 30, and 31. This has triggered a severe cold alert. Northwest India Winter is poised to break records in northwest India. The Meteorological Department has issued a cold wave warning for several areas in Rajasthan, Uttar Pradesh, Uttarakhand, Himachal Pradesh, Punjab, Haryana, Jammu and Kashmir, and Ladakh on December...

IMD Rainfall Alert: Western Disturbance alert for heavy rain and snowfall between December 18 and 22, Know the weather conditions

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  IMD Rainfall Alert: The International Monetary Fund (IMD) has issued a weather alert. According to reports, a Western Disturbance is expected to bring rain and snowfall between December 18 and 22. The cold wave may also intensify in North India. IMD Rainfall Alert:  The weather is rapidly changing across the country, and the next 24 to 48 hours could prove challenging for many states. According to the Indian Meteorological Department, rain, strong winds, fog, cold waves, and snowfall will be experienced from South India to the North and hilly areas between December 18 and 22. The cold is expected to intensify due to the increasingly active Western Disturbance. The Meteorological Department says this change could impact traffic, flights, and rail services. People need to exercise caution due to poor visibility in many areas. Many parts of South India may experience inclement weather for a day. Rain accompanied by strong winds and lightning is expected in Tamil Nadu, Puducherr...

New luggage Limit: Big news! Extra baggage charges will be levied if you carry luggage beyond this limit on the railways, know the rules before traveling.

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  Railway Minister Ashwini Vaishnav clarified in the Lok Sabha that passengers will be charged for carrying more than the free allowance during train travel, and the railway has set limits for luggage by class. The free allowance is 35 kg in second class, 40 kg in sleeper class, 40 kg in AC three-tier and chair car, 50 kg in first class and AC two-tier class, and 70 kg in AC first class. Railway Minister Ashwini Vaishnav informed the Lok Sabha on Wednesday that passengers will be charged for carrying luggage beyond the set free allowance while traveling by train. He was responding to a question from MP Vemireddy Prabhakar Reddy, who asked whether the Railways would implement baggage regulations for passengers similar to those at airports. The Railway Minister stated that currently, there are maximum limits on the amount of luggage passengers can carry inside coaches, depending on the class. He provided information on the free luggage allowance and the maximum limit for each class. ...

Heavy Rain Alert: Heavy rains will occur in these states on December 15, 16 and 17, know the weather conditions.

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  Heavy Rain Alert: The weather in the country has taken a turn again. The Meteorological Department has issued an alert that heavy rains will occur in many states on December 15, 16, and 17. Heavy Rain Alert:  This year’s monsoon season was excellent, with heavy rainfall across the country. All states received heavy downpours. Many states witnessed record-breaking rainfall during the monsoon season, which drenched everyone and filled rivers, ponds, and dams to the brim. The good rainfall during the monsoon season also lowered temperatures, providing relief from the scorching heat. Even after the monsoon’s departure, the rains haven’t slowed down in many states; they are still continuing. Now, the weather in the country has taken a turn again. Consequently, the India Meteorological Department (IMD) has issued a heavy rain alert for several states on December 15, 16, and 17. How has the weather changed in Himachal Pradesh? This year, Himachal Pradesh witnessed heavy rainfall du...

New Pension System: Changes in investment rules of NPS, UPS and Atal Pension Yojana, check here immediately

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  NPS, UPS, and APY investments will now be invested in gold, silver, and ETFs. This change aims to make NPS more diversified, flexible, and offer better returns. New Pension System:  The government has made significant changes to the rules of the National Pension System (NPS), Unified Pension Scheme (UPS), and Atal Pension Yojana (APY). The government says the changes will benefit investors. These rules have come into effect with immediate effect. Indeed, the Pension Fund Regulatory and Development Authority (PFRDA) has made significant amendments to the investment rules for pension schemes through a circular issued on December 10, 2025. Gold and silver ETFs, Nifty 250 Index, and Alternative Investment Funds (AIFs) can now be included in the investment portfolios of these schemes, which was previously not possible. This means that investments in NPS, UPS, and APY will now be invested in gold, silver, and ETFs. This change aims to make NPS more diversified, flexible, and offer...

Toll-free travel: No need to pay at toll plazas… Do you know this rule?

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  Toll-Free Travel | To travel on roads, you have to pay fees at toll plazas. But for some, this burden is reduced. Find out what that rule is. Toll-Free Travel:  Lakhs of vehicles ply on national highways and state highways in the country every day. Drivers have to pay toll charges at nearly a thousand toll plazas. But there is one important thing that many people do not know. Those living within a radius of 20 km from a toll plaza can travel without paying toll charges. This is a provision brought by the National Highways Authority of India (NHAI) to reduce the cost borne by local travelers. What is the 20 km rule? According to NHAI, if the vehicle owner’s house is within 20 km from the toll plaza, that person can get exemption from toll charges. To avail this facility, government documents like Aadhaar and electricity bill have to be provided. This exemption is part of the “Pay as you use” policy, which uses GNSS tracking technology. The policy is being implemented on a pil...