War In Israel Raised Threat For Americans To "Another Level": FBI Director

War In Israel Raised Threat For Americans To 'Another Level': FBI Director

Al-Qaeda, IS and Hezbollah have all called for attacks on US interests, he said.

Washington:

The Israel-Hamas war has heightened the threat of attacks in the United States, raising particular concerns for the Jewish and Muslim communities, FBI Director Christopher Wray warned Tuesday.
“We assess that the actions of Hamas and its allies will serve as an inspiration the likes of which we haven’t seen since (the Islamic State group) launched its so-called caliphate several years ago,” Wray told the Senate Committee on Homeland Security.

“It is a time to be concerned. We are in a dangerous period,” he said. “This is not a time for panic, but it is a time for vigilance.”

The Federal Bureau of Investigation chief said law enforcement “cannot and do not discount the possibility that Hamas or another foreign terrorist organization may exploit the current conflict to conduct attacks here on our own soil.”

“Our most immediate concern is that violent extremists, individuals or small groups, will draw inspiration from the events of the Middle East and carry out attacks against Americans going about their daily lives,” he said.

“That includes not just homegrown violent extremists inspired by a foreign terrorist organization but also domestic violent extremists targeting Jewish or Muslim communities.”

Wray noted the arrest in Houston last week of a man who had been studying how to build bombs and posted online about “killing Jews” and the killing of a six-year-old Muslim boy in Illinois by his landlord, which is being investigated as a hate crime.

“The ongoing war in the Middle East has raised the threat of an attack against Americans in the United States to a whole ‘nother level,” Wray said.

Al-Qaeda, IS and Hezbollah have all called for attacks on US interests, Wray said, but the FBI is not “currently tracking an imminent credible threat from a foreign terrorist organization.”

Threats to the Jewish community in the United States, however, are “reaching in some way sort of historic levels,” the FBI director said.

“The reality is that the Jewish community is uniquely targeted by pretty much every terrorist organization across the spectrum,” Wray said, adding that Jews make up just 2.4 percent of the American population but account for 60 percent of religious faith hate crimes.

‘Very fine line to walk’

Christine Abizaid, director of the National Counterterrorism Center, told the Senate committee the United States is concerned by activity by Iran and Hezbollah in the Middle East “that could have significant escalatory consequences.”

She said Iranian-aligned militant groups have conducted more than two dozen attacks against US forces in Iraq and Syria using rockets and unmanned aerial systems in addition to daily attacks on Israel by Lebanese Hezbollah.

“While these groups have the capability to conduct more sophisticated attacks than they have thus far demonstrated we assess Iran, Hezbollah and their linked proxies are trying to calibrate their activity, avoiding actions that would open up a concerted second front with the United States or Israel,” Abizaid said.

“This is a very fine line to walk and in the present regional context their actions carry the potential for miscalculation, thus requiring heightened scrutiny in the region as we monitor for signs that the conflict could spread.”

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Chile, Colombia recall envoys from occupied territories amid Israeli war


A Palestinian man rushes past rubble carrying a child in his arms, following an Israeli military strike in Gaza City, the Gaza Strip, on October 12, 2023.

Chile and Colombia have recalled their ambassadors from the occupied territories for consultations, citing the Israeli regime’s ongoing brutal and hugely-deadly war against the Palestinian territory of the Gaza Strip.

The Latin American nations took the move on Tuesday, the 24th day of the war that has so far claimed more than 8,600 Palestinians.

The most recent of the Israeli attacks targeted the Jabaliya refugee camp in Gaza, killing and injuring at least 400 Palestinians, mostly women and children.

Chile called for a ceasefire and the passage of humanitarian aid into the coastal sliver, and said Israel was violating international law.

Besides its relentless bombardments, Tel Aviv has also blocked water, food, and electricity to Gaza, plunging the besieged territory into a humanitarian crisis.

Colombian President Gustavo Petro called the Israeli attacks a “massacre of the Palestinian people” in a post on social media network X.

Earlier in the day, Bolivia severed its diplomatic ties with Israel over the Tel Aviv regime’s crimes against humanity.

Elsewhere across Latin America, Mexico and Brazil, have also called for a ceasefire.

Speaking on Wednesday, Brazilian President Luiz Inacio Lula da Silva said what was happening in Gaza at the hands of the Israeli regime “is not a war. It is as genocide…”

“Frankly, I do not know how a person can go to war knowing that the result of that war is the death of innocent children,” he added.

Laptop, PC Import: Deadline Ends, Here's What Government Will Do Now

Laptop, PC Import: Deadline Ends, Here's What Government Will Do Now

India will be tracking imports of laptops and computers, but will not restrict them.

The Indian government has stated that it won’t enforce licensing or similar constraints on laptop and computer imports. Instead, it is establishing a mechanism to track the volume and source of these imports.

A statement from Commerce Secretary Sunil Barthwal was issued two weeks ago to address the misinformation about potential laptop import restrictions.

“On laptops, we are of the view that there are no restrictions as such. We are only saying that somebody who is importing these laptops has to be under close watch so that we can look at these imports. It is basically monitoring, which we are doing. It has nothing to do with restrictions as such,” Commerce Secretary Sunil Barthwal said.

Also Read | Import Curbs On Laptops Deferred. Companies Need To Secure License By…

These remarks carry significance as the government had previously announced in August that products like laptops, tablets, and computers would require licensing, effective November 1.

Explaining further, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said there will be an import management system, which will come into place on November 1.

In August, the government imposed import restrictions on laptops, computers (including tablet computers), microcomputers, large or mainframe computers, and certain data processing machines with a view to boosting domestic manufacturing and cutting imports from countries like China. Following this notification, the IT hardware industry raised concerns.

India already has an import monitoring system for certain products like steel, coal, and paper. The licensing conditions on imports were put in place on the grounds of security and to spur domestic manufacturing of these products.

According to a report by think-tank Global Trade Research Initiative (GTRI), India is critically dependent on China for day-to-day use and industrial products like mobile phones, laptops, components, solar cell modules, and integrated circuits.

The government has taken several steps to boost domestic manufacturing of electronic items, such as rolling out the production-linked incentive scheme and increasing customs duties on the number of electronic components.

India imports about $7-8 billion worth of these goods every year.

The country has imported personal computers, including laptops, worth $5.33 billion in 2022-23, as against $7.37 billion in 2021-22.

Imports of certain data processing machines stood at $553 million in the last fiscal year, as against $583.8 million in 2021-22.

Similarly, imports of microcomputers and processors stood at $1.2 million in the last fiscal year, compared to $2.08 million in 2021-22.

In May, the government approved the Production-Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of ₹ 17,000 crore.

(With inputs from PTI)

Laptop, PC Import: Deadline Ends, Here's What Government Will Do Now

Laptop, PC Import: Deadline Ends, Here's What Government Will Do Now

India will be tracking imports of laptops and computers, but will not restrict them.

The Indian government has stated that it won’t enforce licensing or similar constraints on laptop and computer imports. Instead, it is establishing a mechanism to track the volume and source of these imports.

A statement from Commerce Secretary Sunil Barthwal was issued two weeks ago to address the misinformation about potential laptop import restrictions.

“On laptops, we are of the view that there are no restrictions as such. We are only saying that somebody who is importing these laptops has to be under close watch so that we can look at these imports. It is basically monitoring, which we are doing. It has nothing to do with restrictions as such,” Commerce Secretary Sunil Barthwal said.

Also Read | Import Curbs On Laptops Deferred. Companies Need To Secure License By…

These remarks carry significance as the government had previously announced in August that products like laptops, tablets, and computers would require licensing, effective November 1.

Explaining further, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said there will be an import management system, which will come into place on November 1.

In August, the government imposed import restrictions on laptops, computers (including tablet computers), microcomputers, large or mainframe computers, and certain data processing machines with a view to boosting domestic manufacturing and cutting imports from countries like China. Following this notification, the IT hardware industry raised concerns.

India already has an import monitoring system for certain products like steel, coal, and paper. The licensing conditions on imports were put in place on the grounds of security and to spur domestic manufacturing of these products.

According to a report by think-tank Global Trade Research Initiative (GTRI), India is critically dependent on China for day-to-day use and industrial products like mobile phones, laptops, components, solar cell modules, and integrated circuits.

The government has taken several steps to boost domestic manufacturing of electronic items, such as rolling out the production-linked incentive scheme and increasing customs duties on the number of electronic components.

India imports about $7-8 billion worth of these goods every year.

The country has imported personal computers, including laptops, worth $5.33 billion in 2022-23, as against $7.37 billion in 2021-22.

Imports of certain data processing machines stood at $553 million in the last fiscal year, as against $583.8 million in 2021-22.

Similarly, imports of microcomputers and processors stood at $1.2 million in the last fiscal year, compared to $2.08 million in 2021-22.

In May, the government approved the Production-Linked Incentive Scheme 2.0 for IT Hardware with a budgetary outlay of ₹ 17,000 crore.

(With inputs from PTI)

King Charles Says "No Excuse" For Colonial Abuses In Kenya

King Charles Expresses 'Deepest Regret' Over Colonial Wrongdoings In Kenya

King Charles, however, did not offer the apology demanded by some in the East African nation.

Nairobi:

King Charles III said Tuesday there could be “no excuse” for British colonial atrocities against Kenyans as he visited the country, but did not offer the apology demanded by some in the East African nation.

“There were abhorrent and unjustifiable acts of violence committed against Kenyans as they waged… a painful struggle for independence and sovereignty,” Charles said at a state banquet hosted by Kenyan President William Ruto.

“And for that, there can be no excuse.”

Although the four-day state visit by Charles and Queen Camilla has been billed as an opportunity to look to the future and build on the cordial modern-day ties between London and Nairobi, Buckingham Palace had said the king would address historic “wrongs” during decades of colonial rule.

It is the 74-year-old British head of state’s first tour of an African and Commonwealth nation since becoming king last year and comes just weeks before Kenya celebrates the 60th anniversary of independence in December.

Under rainy skies, Charles and Camilla were given a ceremonial red carpet welcome by Ruto on Tuesday morning. They later laid a wreath at the Tomb of the Unknown Warrior in the Uhuru Gardens memorial park.

Uhuru means “freedom” in Swahili and the site is steeped in Kenya’s turbulent history. Independence was declared there at midnight on December 12, 1963. The Union flag was lowered and replaced with Kenya’s black, red, green and white flag.

The gardens were built on the site of a camp where British colonial authorities detained suspected Mau Mau guerrillas during the suppression of their 1952-1960 uprising.

The so-called “Emergency” period was one of the bloodiest insurgencies of the British empire and at least 10,000 people — mainly from the Kikuyu tribe — were killed.

Tens of thousands more were rounded up and detained without trial in camps where reports of executions, torture and vicious beatings were common.

– ‘Greatest sorrow’ –

Charles said the “wrongdoings of the past are a cause of the greatest sorrow and the deepest regret”.

He said he hoped to “meet some of those whose lives and communities were so grievously affected” by colonial abuses.

“None of this can change the past but by addressing our history with honesty and openness, we can perhaps demonstrate the strength of our friendship today, and in so doing, we can I hope continue to build an ever-closer bond for the years ahead,” he said.

Ruto said the colonial response to Kenyans’ push for self-rule “was monstrous in its cruelty”.

“It culminated in the Emergency, which intensified the worst excesses of colonial impunity and the indiscriminate victimisation of Africans,” he said at the state banquet.

He said Charles’s “courage and readiness to shed light on uncomfortable truths” was a first step to deliver “progress beyond tentative and equivocal half measures of past years”.

But it did not deliver the formal apology sought by some in Kenya.

On Sunday, the Kenya Human Rights Commission urged Charles to make an “unequivocal public apology… for the brutal and inhuman treatment inflicted on Kenyan citizens”, and pay reparations for colonial-era abuses.

Britain agreed in 2013 to compensate more than 5,000 Kenyans who had suffered abuse during the Mau Mau revolt, in a deal worth nearly 20 million pounds ($25 million at today’s rates).

Then foreign secretary William Hague said Britain “sincerely regrets” the abuses but stopped short of a full apology.

“The negative impacts of colonisation are still being felt to date, they are being passed from generation to generation, and it’s only fair the king apologises to begin the healing process,” delivery rider Simson Mwangi, 22, told AFP.

But 33-year-old chef Maureen Nkatha disagreed.

“He doesn’t have to apologise, it’s time for us to move on and forward,” she said.

– Family ties –

Charles said Kenya had “long held such special meaning for my family” and spoke of his mother’s “particular affection” for the country and its people.

Kenya is where Queen Elizabeth II — then a princess — learned in 1952 of the death of her father, King George VI, marking the start of her historic 70-year reign.

Charles has previously made three official visits and this week’s tour is being staged 40 years since his mother’s state visit in November 1983.

Kenya and Britain are close economic partners with two-way trade at around 1.2 billion pounds ($1.5 billion) over the year to the end of March 2023.

The royal programme focuses on efforts to tackle climate change, with Charles long a fervent campaigner for action to protect the environment, as well as support for creative arts, technology and youth.

Following their two-day stay in the capital, the royal couple will travel to the Indian Ocean port city of Mombasa, stopping at a marine nature reserve and meeting religious leaders.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

CWC 2023: South Africa take on New Zealand in battle of equals


One side endured the agony of a close defeat and other felt the ecstasy of victory in a rip-roaring game but when New Zealand and South Africa clash in a World Cup game

Published Date – 08:00 AM, Wed – 1 November 23


CWC 2023: South Africa take on New Zealand in battle of equals

New Zealand’s Trent Boult and Tim Southee during a practice session ahead of the ICC Men’s Cricket World Cup 2023 match against South Africa, in Pune, Tuesday, Oct. 31, 2023. (PTI Photo/Shashank Parade)

Pune: One side endured the agony of a close defeat and other felt the ecstasy of victory in a rip-roaring game but when New Zealand and South Africa clash in a World Cup game here on Wednesday both will start on an even keel.

The current edition of World Cup has featured mostly lopsided games but if the two games stood out, one certainly was South Africa’s one-wicket win against Pakistan in Chennai and New Zealand nearly pulled off a sensational chase of 388 against Australia before finishing five runs short.

With both teams firmly in contention for semifinal berths, one can expect good game of cricket where batters of both sides are expected to set the tone of the match. For New Zealand (8 points from 6 games) , the Dharamsala-leg after four straight victories didn’t pan out on expected lines and another loss would give the likes of Afghanistan (6 points) and Pakistan (4 points) a shot at semi-final qualification.

On the other hand, if South Africa (10 points from 6 games) win, the 12 points will almost put them in the last-four bracket alongside India. Hence, it would be one of the most high-stakes games of the league stage and a team like Pakistan wouldn’t mind if New Zealand suffer a hat-trick of defeats.

Both teams have put up more than impressive bating performances in most of the games but the track at the Maharashtra Cricket Association ground in Gahunje hasn’t exactly been a belter with spinners getting sufficient help like Afghanistan spinners did against Sri Lanka in their seven-wicket victory.

The most interesting aspect of the contest is the form of batters from both sides which has been the reason of their success so far. Quinton de Kock (431), with three hundreds so far, has had perfect swansong tourney and would be determined to leave the ODI platform on a high. As destructive as anyone on his day, De Kock has been rolling back years and showing what he is capable of.

If De Kock has pulverised the opposition with his game of power and timing, on the other end young Rachin Ravindra (406), with more of Sachin Tendulkar’s flair and a bit of Rahul Dravid’s grit, is setting the world stage on fire. The left-hander has announced his arrival as New Zealand cricket’s next batting sensation and the manner in which he plays the aerial shots is a visual delight. Add to it, his steady but unspectacular slow left-arm orthodox bowling, makes him a complete package.

What makes it difficult to choose between the sides is the performance of the batters — if Heinrich Klaasen (300 runs) is the power-hitting cum finisher for South Africa, New Zealand have their match in Jimmy Neesham, who nearly pulled off an improbable heist in fading lights at Dharamsala.

If David Miller’s brute power gives an x-factor to Proteas, Daryl Mitchell’s (322 runs) ability to take the game deep is an advantage for the Black Caps. Aiden Markram’s skills could be countered by Glenn Phillips’ talent as both bring another facet of their game — spin bowling to the table.

I hope Jio World Plaza will become best mall in the world: Nita Ambani


The Jio World Plaza seamlessly integrates with the Nita Mukesh Ambani Cultural Centre, the Jio World Convention Centre, and the Jio World Garden, making it an all-encompassing destination for visitors

Published Date – 07:30 AM, Wed – 1 November 23


I hope Jio World Plaza will become best mall in the world: Nita Ambani

File Photo

Mumbai: Founder and chairperson of Reliance Foundation Nita Ambani on Tuesday arrived at the grand launch of Jio World Plaza in Mumbai.

Expressing her excitement at the event, Nita Ambani said, “Jio World Plaza is not only going to be the best mall in India but I hope it will become the best mall in the world. Definitely, we are really looking forward to it…Today is an ode to all the Indian designers and our arts & artisans also.” According to a press release by Reliance Jio, located strategically in the bustling Bandra-Kurla Complex (BKC) at the heart of Mumbai, Jio World Plaza opened its doors to the public on November 1.

The Plaza seamlessly integrates with the Nita Mukesh Ambani Cultural Centre, the Jio World Convention Centre, and the Jio World Garden, making it an all-encompassing destination for visitors.

Talking about the Jio World Plaza at the grand event, Isha Ambani, Director of Reliance Industries Limited said, “I am very excited to open the next step of our Jio World Centre – a vision that my mother set out for bringing the best in the world to India and taking the best in India to the world…” JWP is designed as an exclusive hub for retail, leisure, and dining, spreading across four levels and an expansive 7,50,000 square feet area.

The retail mix boasts an impressive roster of 66 luxury brands. Notable international newcomers to the Indian market include Balenciaga, the Giorgio Armani Cafe, Pottery Barn Kids, Samsung Experience Centre, EL&N Cafe, and Rimowa. Mumbai welcomes its first stores of Valentino, Tory Burch, YSL, Versace, Tiffany, Laduree, and Pottery Barn, while key flagships include other iconic brands like Louis Vuitton, Gucci, Cartier, Bally, Giorgio Armani, Dior, YSL, and Bulgari.

JWP will also feature renowned designers like Manish Malhotra, Abu Jani-Sandeep Khosla, Rahul Mishra, Falguni and Shane Peacock, and Ri By Ritu Kumar, among others.

The Plaza’s structure, inspired by the lotus flower and other elements of nature, was brought to life through a collaboration between TVS, a prestigious international architecture and design firm headquartered in the United States, and the Reliance team.

The shopping concourse is adorned with meticulously placed sculptural columns, creating a visual thread that weaves design continuity into the space. Marble-clad floors, soaring vaulted ceilings, and artful lighting come together to establish a backdrop that epitomizes the essence of luxury.

Services like personal shopping assistance, VIP concierge, taxi-on-call, wheelchair services, hands-free shopping with baggage drop, butler service, and baby strollers amplify the Plaza’s commitment to the consumer.

With Jio World Plaza, Reliance Industries Limited has set the benchmark for luxury and innovation in India’s retail landscape.

Cricket World Cup 2023: Pakistan Knock Out Bangladesh With 7-Wicket Win

Opener Fakhar Zaman capped his return with an attacking fifty after Shaheen Shah Afridi’s fiery spell as Pakistan knocked Bangladesh out of the Cricket World Cup 2023 with a seven-wicket win to keep their slim semifinal hopes alive in Kolkata on Tuesday. Shaheen spearheaded their three-pronged pace attack with splendid figures of 9-1-23-3 as Pakistan bundled out Bangladesh for a lowly 204 in 45.1 overs. Fakhar, who missed five of their six matches because of a knee injury, smashed seven sixes and three fours in his 74-ball 81. Abdullah Shafique also struck a quick 68 off 69 balls (9×4, 2×6) as the new-look opening pair laid the foundation with an imposing 128-run alliance.

Just when it looked like a one-way traffic for Pakistan, off-spinner Mehidy Hasan Miraz (3/60) took both the openers but with no scoreboard pressure Pakistan knocked off the paltry 205-run target in 32.3 overs.

This was Bangladesh’s sixth loss on the trot as the Shakib Al Hasan-led side became the first team to be officially eliminated from the 10-team global showpiece with two matches in hand.

They next play Sri Lanka and Australia in their last two matches.

Having returned to winning ways after enduring four defeats, Pakistan with three wins from seven matches kept their faint semifinal hopes alive. They next take on New Zealand before concluding their league campaign against England.

Pakistan’s new left-right handed opening duo started off with utmost caution, conceding two maiden off Bangladesh’s new ball bowlers Shoriful Islam and Taskin Ahmed in first three overs.

But that was it, as the Pakistani duo soon started milking the attack and raced to 52 for no loss inside the powerplay.

The duo soon switched gears with Zaman smoking Taskin Ahmed over square leg for a 99-metre six. There was no stopping them and Shaifque took on Mustafizur Rahman for three successive boundaries.

Zaman brought up his 16th ODI half-century in 51 balls when he stepped up to Bangla pacer Taskin with a massive six down the ground. In the previous over, Shafique took 51 balls to get to his third half-century.

Zaman, however, missed out on a well-deserved century, holing out at midwicket to give Mehidy his third wicket.

Skipper Babar Azam, however, continued to disappoint getting out for 9 (16b) when he mistimed a shot off Miraz.

But Mohammad Rizwan (26 not out) and Iftikhar Ahmed (17 not out) finished off the chase with 107 balls to spare.

Earlier, Shaheen rattled the Bangladeshi top-order and became the fastest Pakistani to reach 100 ODI wickets. Mohammad Wasim Jr. then cleaned up the tail returning with figures of 8.1-1-31-3 as Bangladesh failed to last the distance yet again to be bowled out in 45.1 overs.

Shaheen may have lost his pace a bit after recovering from a knee injury, but he bowled with clever variations and extracted swing on a flat Eden wicket.

The 23-year-old straightway got into the action, trapping Tanzid Hasan leg before wicket with extra bounce and late swing. That happened to be his 100th wicket in ODIs. He became the fastest Pakistani to do so beating Saqlain Mushtaq’s mark by a couple of innings.

A brilliant low diving catch by Usama Mir at forward short leg made it two in two overs for Shaheen.

It would have been worse for Bangladesh but Mahmudullah made a responsible 56 off 70 balls (6×4, 1×6) in a 79-run partnership with Litton Das (45; 64b).

From 6/2 in 2.4 overs, Bangladesh were looking at yet another capitulation when Haris Rauf dismissed Mushfiqur Rahim to reduce them to 23/3 before Mahmudullah came to his team’s rescue.

The intent was clear from the Bangladesh perspective as they promoted Mahmudullah to No 5.

After Shaheen was taken off the attack, Pakistan also failed to build pressure from both ends, giving Litton and Mahmudullah enough opportunity to make a quick recovery.

The likes of Wasim Jr and Mir, who impressed with their tidy show against South Africa, gave a lot of freebies and the Bangladeshi duo was happy to pierce the gaps.

They welcomed Wasim Jr with a couple of boundaries while Mir too was hit for a four in his first over.

Bangladesh were looking in no trouble before off-spinner Iftikhar Ahmed (1/44) provided the crucial breakthrough dismissing Litton.

Shaheen was recalled and bowling around the wicket, he produced a gem of a delivery to end Mahmudullah’s stay in the middle.

Skipper Shakib Al Hasan then tried to forge a partnership but frittered away his start and was done in by a short ball from by Haris Raul (2/36).

Topics mentioned in this article

In New York, Deep "Racial Gap" In Homeownership: Report

In New York, Deep 'Racial Gap' In Homeownership: Report

The report called for “multi-pronged” state action to address the problem.

New York:

Black and Hispanic households in New York state — home to America’s financial capital — own their homes at half the rate of white households, a government report said Tuesday.

Compiled by the office of Attorney General Letitia James, a Democrat who is the first African American and first woman to hold the position, the report found “a stark racial gap in homeownership rates in every region” of the state.

Across New York state, where almost half the total population of 20 million lives in the eponymous southern metropolis, “white households are 25 percent more likely than Asian households to own their home and more than twice as likely as Black or Latino households to own their home,” a summary said.

An analysis of mortgage data “found racial disparities at every phase of the lending process,” the report said — from number of submissions to approval rates to pricing of loan products.

The report also found that the long-term cost of a home loan for white New Yorkers was much lower than for Black or Hispanic residents, who were more likely to be charged higher interest rates and less likely to be approved for refinancing.

“These added burdens total over $200 million more in interest and other costs over the course of Black and Latino borrowers’ loans,” the AG’s office said.

The report also highlighted that the state capital Albany has the second-highest gap between white and Black homeownership in the country, behind Minneapolis.

The report called for “multi-pronged” state action to address the problem, including subsidizing down-payments and interest rates for first time buyers and developing new financial institutions.

 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

RBI Governor Says "Closely" Watching High Attrition At Some Private Banks

RBI Governor Says 'Closely' Watching High Attrition At Some Private Banks

RBI Governor said that geopolitical uncertainty is the biggest risk to global growth.

Mumbai:

RBI Governor Shaktikanta Das on Tuesday said attrition is seen to be high at some private sector banks and that the central bank is watching the issue “closely”.

Speaking at the annual BFSI Insight Summit organised by Business Standard, Mr Das said the Reserve Bank of India (RBI) is looking at the issue as part of the regulatory supervision efforts.

In the comments that come amid some major banks reporting attrition rates of over 30 per cent, Mr Das said every bank has to build a core team to take care of such issues.

He also said that the career outlook of youngsters has changed with regard to job switching and added that the youth is “thinking differently” on the aspect now.

According to Mr Das, the growth momentum in the economy continues to be strong, and that the GDP number for the second quarter will surprise everyone on the upside.

He said that geopolitical uncertainty is the biggest risk to global growth but was quick to add that India is better placed to deal with any potentially risky situation.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)