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Good news for those planning to buy homes: SBI makes home loans cheaper. Country’s largest lender State Bank of India has decided to reduce interest rates on home loans above Rs 75 lakh by 10 basis points to 8.6 per cent per annum.

Good news for those planning to buy homes: SBI makes home loans cheaper

Revised rates would be effective from June 15. For salaried women borrowers, the rates have been changed to 8.55 per cent per annum Decision to cut rates comes close on the heels of the Reserve Bank of India asking banks to reduce risk weight, besides urging lenders to decrease the capital set aside for home loans from 75 per cent to 50 per cent.

Measures were aimed at supporting demand for hoome laons. Taking cue from the recent RBI directive, the State Bank of India decided to extend benefits to its customers by cutting its term deposit rates by up to 50 basis points for various maturities, ranging from medium and long-term deposits, for laon amounts up to Rs 1 crore. This was the second reduction in interest rates undertaken by the lender in the last two months. RBI policy a positive surprise for housing finance cos; expect rate cuts. While the Reserve Bank of India (RBI) kept policy rates unchanged in the second bi-monthly policy of this financial year, a key positive was reduction in risk weights assigned to home loans lent on or after June 7.

RBI policy a positive surprise for housing finance cos; expect rate cuts

Risk weights help banks and non-banking financial companies (NBFCs) to assess the risk associated with different loan segments and provide for them accordingly. Acknowledging that delinquencies have been rather low in the home loans segment, the RBI reduced risk weights for home loans. Risk weights on home loans above Rs 75 lakh has been reduced from 50 per cent to 35 per cent. Analysts expect some rate cuts from the National Housing Board, which lends to housing finance companies (HFCs). HDFC Bank, SBI to start charging for P2P payments on UPI. Nearly two years after operationalisation of the Unified Payment Interface (UPI), banks have started moving to charge for peer-to-peer payments on the new platform.

HDFC Bank, SBI to start charging for P2P payments on UPI

Country's largest lender State Bank of India has come out with charges with effect from June 1, while the second largest private sector lender HDFC Bank has also gone public with its rate structure which will be effective July 10. "So far, no bank is charging for UPI transactions but at the same time it is at their discretion to levy a reasonable fee towards Person to Person (P2P) transactions for UPI and IMPS," National Payments Corporation of India's chief operating officer Dilip Asbe said in a statement.

A senior NPCI official explained that worldover, charges are levied for such transactions and added that in case of UPI at merchant transactions it is the merchant who pays while for P2P, it is the sender who has to pay. ICC Champions Trophy 2017: India thrash Pakistan by 124 runs. Tiger Shroff shares first look of 'Munna Michael' The poster of India's first dance-action movie 'Munna Michael' is out and it seems like Tiger Shroff is all set to show off his cool moves.

Tiger Shroff shares first look of 'Munna Michael'

The 27-year-old actor shared the first look poster of the flick on his Twitter. He captioned the snap, "Moonwalking in the steps of the legend! :) #MunnaMichaelPoster @sabbir24x7 @ErosNow @vikirajani @NextGenFilm. " In the photo, the 'Baaghi' star is seen walking amidst the crowd, while spinning off his hat in the air. The film is a special one for Tiger as he will be paying a tribute to the late dancing sensation Michael Jackson and his father Jackie Shroff through a song.

The movie also stars Nawazzuddin Siddiqui, who has worked on his dancing skills to match a step or two with Tiger, and Bollywood debutant Niddhi Agerwal. Baahubali franchise's animation spin-off to make TV debut on Colors. "Baahubali: The Lost Legends", an animated spin-off of filmmaker S S Rajamoulis "Baahubali" film franchise, will soon make its debut on the small screen to enthral viewers with the story of Baahubali, the king of fictional kingdom Mahishmati.

Baahubali franchise's animation spin-off to make TV debut on Colors

After releasing the series on Amazon Prime Video, Rajamouli, Graphic India and Arka Mediaworks have joined hands with Colors channel to expand the world of "Baahubali". "'Baahubali' has proved to be a landmark film in the history of Indian cinema. Its success is nothing short of a case study for the Indian filmmakers. We at Colors pride ourselves for knowing the pulse of our viewers," Raj Nayak, chief operating officer (COO), Viacom18, said in a statement. "Going by the ripples that this masterpiece has generated nationwide, we thought this was the right time to bring to our television audiences the folklores of 'Baahubali' which have been captured stunningly in this animated series," he added. Smartron srt.phone: A fine deal if you are a die-hard Sachin Tendulkar fan. In line with its mission to make the world open and connected, Facebook on Wednesday hosted an interactive showcase of its family products and apps and rolled out local camera effects designed for India.

Smartron srt.phone: A fine deal if you are a die-hard Sachin Tendulkar fan

Sharing latest numbers, Facebook also said it now has more than 184 million active monthly users in India. In addition to the frames and effects that come standard in the Facebook camera, the company designed several custom effects for India for people to create and share photos and videos that showcase the expression of 'Namaste' as well as capture geo-specific experiences in Delhi, Mumbai, Goa and other places. The event -- centred on three themes "Me, My Community and My World" -- showcased products including Facebook Live, Facebook Lite, Full Camera, 360 Photos, Groups, Events, Oculus, Instagram and WhatsApp. The interactive session also included display and working of company's suite of safety and security tools, including Safety Check, Community Help, Safety Ce… Highway horror: Man killed, four women gang-raped on Yamuna Expressway.

A scrap dealer was killed and his mother, wife, sister and sister-in-law raped by a group of armed men who waylaid their car and also looted the family, near Jewar on the Yamuna Expressway in Uttar Pradesh early on Thursday, police said.

Highway horror: Man killed, four women gang-raped on Yamuna Expressway

The incident occurred some 60 km from here on Jewar at around 1.30 a.m. Eight members, including four women, of a Greater Noida-based family were headed to Bulandshahr to visit an ailing relative in a hospital there. According to the victims, six armed men forced the car, an Eeco van, to stop by shooting at its tyres near Sabota village in Jewar. The armed men took turns to rape the women at the gun point in a nearby field. Data tacker: Top trends in global sports. With global sponsorship spend forecast to reach over $62 billion in 2017 and global media rights spending expected to hit $45 billion, the business of sports is booming.

Data tacker: Top trends in global sports

Nielsen Sports identifies the big commercial trends for 2017 1. Emergence of new sporting powers, led by China: The next three Olympic Games will be staged in Asia, while Russia and Qatar are the next two FIFA World Cup hosts. China is leading the way with the government targeting a $813 billion sports industry by 2025 Future outlook. Brad Pitt in Mumbai to attend War Machine screening, meets Shah Rukh Khan. Hollywood superstar Brad Pitt is in India to promote his latest film, the Netflix satire "War Machine".

Brad Pitt in Mumbai to attend War Machine screening, meets Shah Rukh Khan

Bollywood star Shah Rukh Khan will be moderating a special chat session here with Pitt, in which the two actors will discuss the project. In the movie, the 53-year-old actor plays a US General posted in Afghanistan. Directed by David Michod, of "Animal Kingdom" fame, the Netflix Original film is inspired by the book "The Operators: The Wild & Terrifying Inside Story of America's War in Afghanistan" by late journalist Michael Hastings. Sachin: A Billion Dreams all set for mega release on May 26. Sachin Tendulkar's biographical drama titled 'Sachin: A Billion Dreams' is all set to turn the theatres into cricket stadiums on May 26.

Sachin: A Billion Dreams all set for mega release on May 26

Needless to say, every Indian is fervently waiting for the release of this docu-drama. The film is based on the life of Indian cricket legend Sachin Tendulkar. The film features Tendulkar's cricket and personal life, as well as reveals few clandestine aspects of his life. Sachin: A Billion Dreams is a biographical flick written and directed by James Erskine and produced by Ravi Bhagchandka and Carnival Motion Pictures under the banner 200 NotOut Productions. Hey parents, surprise, fruit juice is not fruit. Many American children consume more than half of their fruit as juice, and the American Academy of Pediatrics has issued new guidelines clarifying its stance on that substitution: For most kids, it’s a bad thing. The new guidelines aren’t just intended to persuade pediatricians to talk to parents about the disadvantages of the ubiquitous juice box.

They also take aim at the federal government’s Dietary Guidelines for Americans, which are the basis for the nutritional guidelines in the Department of Agriculture’s School Lunch Program — guidelines that allow for the replacement of half of the recommended daily servings of fruits with 100 percent fruit juice, a substitution that has been enthusiastically embraced by the food and beverage industry and school lunch programs nationwide. Zomato hack: You need to enhance online security with a password manager. Recently, food-tech company Zomato suffered a security breach where 17 million user records were stolen, including email addresses and passwords. Such hacking incidents can have wider consequences, including, in the gravest of scenarios, financial losses.

They emphasise the need for people to adopt newer protection mechanisms, such as password managers. In Zomato's case, the passwords are said to be hashed, which means they were converted into unintelligible characters. However, experts say that depending on the hashing protocol used, hashes can be re-engineered to generate the password. {*style:<i>*}{*style:<b>*}cyber attack The hacking of one account can have wider ramifications. Dangal set to beat Baahubali-2, grosses over Rs 1,500 crore worldwide. In line with its mission to make the world open and connected, Facebook on Wednesday hosted an interactive showcase of its family products and apps and rolled out local camera effects designed for India.

Sharing latest numbers, Facebook also said it now has more than 184 million active monthly users in India. In addition to the frames and effects that come standard in the Facebook camera, the company designed several custom effects for India for people to create and share photos and videos that showcase the expression of 'Namaste' as well as capture geo-specific experiences in Delhi, Mumbai, Goa and other places. The event -- centred on three themes "Me, My Community and My World" -- showcased products including Facebook Live, Facebook Lite, Full Camera, 360 Photos, Groups, Events, Oculus, Instagram and WhatsApp. The interactive session also included display and working of company's suite of safety and security tools, including Safety Check, Community Help, Safety Ce…

Watch: Aftermath of blast at Ariana Grande's UK concert. Dangal set to beat Baahubali-2, grosses over Rs 1,500 crore worldwide. In line with its mission to make the world open and connected, Facebook on Wednesday hosted an interactive showcase of its family products and apps and rolled out local camera effects designed for India. Sharing latest numbers, Facebook also said it now has more than 184 million active monthly users in India. In addition to the frames and effects that come standard in the Facebook camera, the company designed several custom effects for India for people to create and share photos and videos that showcase the expression of 'Namaste' as well as capture geo-specific experiences in Delhi, Mumbai, Goa and other places. The event -- centred on three themes "Me, My Community and My World" -- showcased products including Facebook Live, Facebook Lite, Full Camera, 360 Photos, Groups, Events, Oculus, Instagram and WhatsApp.

The interactive session also included display and working of company's suite of safety and security tools, including Safety Check, Community Help, Safety Ce… A R Rahman watches Baahubali 2, hopes it mints over Rs 2,000. Swachhata Bharat app shows citizen are driving up the cleanliness rankings. If you are happy with your city’s cleanliness and want it to be recognised, it might be a good idea to begin by downloading a government mobile phone application. Citizen engagement appears to be driving national cleanliness rankings more than municipal claims and independent verifications, according to an IndiaSpend analysis of 20 cities in the 2017 Swachh Survekshan (Cleanliness Survey) report released by the ministry of urban development (MoUD).

The government evaluated cities’ performance on citizen engagement through a mobile application ‘Swachhata-MoUD’–which can be downloaded from the Google Play Store–for a maximum of 150 points of the total 600 points for “citizen engagement”. Of the 20 cities that IndiaSpend studied, 13 scored 85 points and above in the “Swachhata App” sub-category. Nine of these saw an average rise of 10 ranks over 2016. The seven cities that scored 80 points and below fell 36 ranks behind, on average, the analysis showed.

Upcoming bank and government exams in 2017. Ransomware attack: Indian-origin Google researcher hints North Korea link. As the world struggles to identify cybercriminals behind the global ransowmware attack that hit 150 countries, an Indian-origin security researcher working with Google has claimed that the hackers may have links to North Korea. According to Neel Mehta's discovery, the "Lazarus Group" that works on behalf of North Koreans may be behind the attack as the hacking group has, in the past, used the same coding and tools as were used in "WannaCrypt" — the software used in the current hacking into the Microsoft operating software, the BBC reported on Tuesday.

"Neel Mehta's discovery is the most significant clue to date regarding the origins of WannaCrypt," the report quoted Moscow-based cyber security firm Kaspersky Lab as saying. Rajnikanth in politics? Subramanian Swamy scoffs at idea, calls it a joke. Will he, won’t he? The possibility of Tamil Nadu's most popular star Rajinikanth taking the plunge into politics has been the subject of speculation for years now. Prabhas refused Rs 18 crore worth of brand endorsements for Baahubali. Prabhas, who exhibited his acting prowess onscreen with the Baahubali franchise, has become a phenomenon that several brands want to be associated with.

It is known that the 37-year-old actor dedicated 5 years of his career solely to Baahubali, but what remains unknown is that he let go of brand endorsements worth Rs 18 crore that came his way during the filming of the magnum opus. Prabhas, who has been an accomplished name down South, was approached by the brands ranging from apparel, shoes to fitness and FMCG products, but the actor held his ground.

Kapil Mishra vs AAP: Money laundering allegations fly thick and fast. Sacked Delhi minister Kapil Mishra's indefinite fast against the AAP on Saturday saw high drama with a ruling party legislator attempting a counter fast outside the former's house, but was detained by police. Meet Arjun Kapoor's real life 'Half Girlfriend' Rs 20 cr in ticket sales for Justin Bieber: Price no barrier for Indians? In line with its mission to make the world open and connected, Facebook on Wednesday hosted an interactive showcase of its family products and apps and rolled out local camera effects designed for India.

In 2 weeks, Hindi version of Baahubali 2 beats lifetime earnings of Dangal. Amazon's Great Indian Sale: Here are the best deals and Day-2 offers. Her parents were busy, so a 12-yr-old Delhi girl flew alone to see Bieber. This is one die-hard fan even popstar Justin Bieber would be proud of. Junk food and sugary drinks get costlier as FSSAI calls for fat tax. As a practical method to curb the increase of sedentary lifestyle conditions and disorders like diabetes, cardiovascular diseases and the blot of hypertension, India’s food regulator, The Food Safety and Standards Authority of India (FSSAI), on Monday proposed to impose an additional fat tax on all packaged products, processed food and sweetened beverages.

'Belieber' or not! Justin lands in India ahead of Mumbai performance. After setting the stage on fire in Dubai, international singing sensation Justin Bieber, slated to perform in Mumbai on May 10, arrived in the city in the wee hours of Tuesday. Bieber was received at the airport by Bollywood superstar Salman Khan's bodyguard Shera, who is in charge of the former's security in Mumbai along with additional Z-level security provided by the Mumbai Police. Is it the best time to buy a house? Yes, say experts. Baahubali franchise looks all set to collect Rs 2,000 cr at box office. Prabhas thanks fans for 'Baahubali 2' success. Baahubali 2 creates new record: First Indian film to cross Rs 800 cr mark. Now, Baahubali 2 gets a Rs 200 crore insurance cover: Here are the details. $12.6 million and counting: Baahubali 2 beats Dangal at the US box-office. Facebook shares dip from high as investors fret over costs, future profit.

Rajamouli's juggernaut rolls on: Baahubali 2 grosses Rs 600 crore worldwide. Baahubali 2: Prabhas immortalised by Madame Tussauds; joins SRK, Salman. Baahubali 2 bookings on BookMyShow shoots up to 12 tickets a second. At Rs 125 cr, even Hindi version of Baahubali 2 smashes box office records. Rs 325 cr in 3 days: Baahubali 2 is now the highest opening Indian film. Movie review: Baahubali 2 - The Conclusion is a colossal bore. 'Baahubali' team cancels premiere after Vinod Khanna's demise. Veteran Bollywood star Vinod Khanna dies at 70. Facebook rolls out local camera effects designed for India. LG launches flagship G6 in India at Rs 51,990 with bold display format.

Booking a train ticket? This govt app will answer all your railway queries. Prabhas's next to be an ambitious trilingual. I'm Tamilian first, says Sathyaraj post 'Baahubali 2' row. Prabhas's next to see major spend on action sequences. Soulful! Arijit croons 'Half Girlfriend's 'Phir Bhi Tumko Chahunga' Latest News: 'Wonderful' Dhoni doesn't need to prove anything to anyone: Warne. Latest News: 'Sachin- A Billion Dreams' Marathi trailer out! Latest News: Why Vidya Balan's Begum Jaan has been banned in Pakistan. Latest News: Alia Bhatt, 49 more Indians in Forbes under 30 list of super achievers. Latest News: 'Baahubali' was possible because of Prabhas, says Rajamouli.

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How Facebook - the Walmart of the internet - dismantled online subcultures. How WhatsApp encryption works - and why there shouldn't be a backdoor. Apple to start making iPhone 6 and 6S models in India over next two months. Facebook Live feature available to desktop users now. Apple releases red iPhones, cuts prices on lower-end iPads. Latest News: 'Baahubali 2' in IMAX will enhance hugeness, spirit: Rajamouli. Latest News: Before Bahubali 2, makers to release Bahubali 1 again. A guide to creating a retirement budget -Business Standard. Fashion lovers can buy look-alike runway lines through Facebook, Instragram. Crop loan waiver in UP could cost BJP govt less than Rs 8,000 cr. BJP win in UP to trigger war on cash; banks to benefit: BofA-ML.

Nifty hits record closing high to end above 9,050 for first time ever. WPI Inflation rises to over three year high at 6.5% on food, fuel prices. 2017 polls: 'Modi wave' is alive and kicking. UP Assembly election: SP call exit polls influenced; confident of victory. Exit polls 2017 : Get live updates & News on 2017 Assembly Elections Exit polls. Govt asks SBI to reconsider minimum balance penalty. TomTom Spark 3: A fitness tracker that will never let you lose your way. 26/11 Mumbai attack carried out by our own terror groups: Pakistan ex-NSA.

Music Broadcast Limited IPO: Should you invest? SBI to charge for breaching monthly average balance in saving accounts. Cash withdrawal fee: 78 per cent disagree with banks' move.