BUSINESS NEWS CATEGORIES 

Nifty drops 93 points, ends below 10,500

The NSE 50-share Nifty fell 93.20 points to close at 10,452.30 following widespread selling in PSU Bank, Auto, Metal, Media and Realty counters. A rise in global crude oil prices also hit the market sentiment. India imports the majority of its crude oil requirement and a surge in crude prices will add to the country’s fiscal deficit. The market opened with gains but later turned choppy in the absence of any major cues, both domestic and global as Asian markets were closed for long lunar holidays. Banking stocks fell in…

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BUSINESS NEWS CATEGORIES 

PNB case: Will take appropriate supervisory action, says RBI

The Reserve Bank today said it has already undertaken an assessment of control systems at scam-hit Punjab National Bank and will take “appropriate supervisory action”. The country’s second largest state-run lender has been rocked by a Rs 11,400-crore fraud allegedly involving billionaire diamantaire Nirav Modi. In a statement, the central bank said it has already undertaken a supervisory assessment of control systems in Punjab National Bank (PNB). “The fraud in PNB is a case of operational risk arising on account of delinquent behaviour by one or more employees of the…

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NEWS CATEGORIES WORLD NEWS 

Pak claims destroying Indian Army post, killing 5 soldiers

Pakistan has claimed that its troops destroyed an Indian Army post in Tatta Pani sector across the Line of Control (LoC) and killed five soldiers. Pakistan Army Spokesman Major General Asif Ghaffor in a tweet late last night also shared a video clip purportedly showing bombing of the Indian Army post and smoke billowing from the site after it was hit by fire. “Indian Army post on LoC targeting innocent citizens destroyed by Pak Army troops in Tatta Pani (Hot Spring) sector. Five Indian soldiers killed, many injured. Indian terrorism…

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NATIONAL NEWS WORLD NEWS 

US will not allow China to ‘coerce’ nations in Asia: Trump admin

The US will not allow China to “bully” or “coerce” nations in Asia, a senior Trump administration official has said, amidst Beijing flexing its muscles in the region. The Trump administration has made clear that the US wants a “productive” relationship with China, and the two countries must work to manage and resolve differences, Susan Thornton, Acting Assistant Secretary for East Asian and Pacific Affairs, told members of the Senate Foreign Relations Committee during her confirmation hearing. We have been equally clear, however, that we will not abide Chinese attempts…

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NATIONAL NEWS NEWS CATEGORIES 

HAM not to insist on contesting Jahanabad bypoll: Manjhi

Former Bihar Chief Minister Jitan Ram Manjhi today said his Hindustani Awam Morcha (HAM) would not insist on contesting Jahanabad seat but voiced displeasure over delay by NDA in announcing candidates for the three seats in Bihar, where by-elections are scheduled next month. The HAM president had last week said that the district unit of his party in Jahanabad had passed a resolution staking claim over the assembly seat which has fallen vacant upon the death of RJD MLA Mundrika Yadav. Bypolls are also scheduled on March 11 in Araria…

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NATIONAL NEWS NEWS CATEGORIES 

Rane calls Uddhav meet with CM over Ratnagiri refinery a farce

Former Congress leader Narayan Rane today ridiculed Shiv Sena chief Uddhav Thackeray’s meeting with Chief Minister Devendra Fadnavis to oppose the setting up of a refinery in Ratnagiri district and termed Thackeray’s move as a farce. Addressing a press conference, Rane said that the industry and environment ministries, both of which are connected to the setting up of the refinery at Nanar in Rajapur, were headed by Sena leaders. “Why have they given permission to the project? Why the farce of meeting the chief minister to oppose the project?” Rane…

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NATIONAL NEWS NEWS CATEGORIES 

Stay away from elements indulging in terror activities: Rawat to J-K youth

Army Chief Gen Bipin Rawat today exhorted youths of Jammu and Kashmir to stay away from elements trying to indulge in terror activities in the militancy-infested state, and asked them to focus on building their lives through education. His comments came during an interaction with a group of students from Rajouri district of the state, who are in the city as part of the national integration tour from February 11-21. “You have to grow up to serve the country, the villages you come from. So, stay away from elements involved…

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ENTERTAINMENT NEWS CATEGORIES 

Arnold Schwarzenegger joins Michael Fassbender in ‘Kung Fury’

Scientists have confirmed nearly 100 new planets outside our solar system, bringing the total number of exoplanets found using NASA’s K2 mission to almost 300. “We started out analysing 275 candidates, of which 149 were validated as real exoplanets. In turn, 95 of these planets have proved to be new discoveries,” said Andrew Mayo, doctoral student at the Technical University of Denmark. “This research has been underway since the first K2 data release in 2014,” said Mayo, main author of the research published in the Astronomical Journal. Mayo and his…

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LEGAL NEWS NEWS CATEGORIES 

Woman gets Rs 7.87 L for husband’s death in accident

A consumer court here has ordered an insurance company to pay Rs 7.87 lakh to a widow for the death of her husband in a road accident in 2009. Thane District Consumer Rederessal Forum president Sneha Mhatre and member Madhuri Vishwarupe said the insurance firm was deficient in services as it rejected the claim citing wrong reasons, due to which the claimant had to undergo mental torture. The claimant, Achala Marde, told the forum that her husband Rudranivas Marde used to work with a company at Boisar in the neighbouring…

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NEWS CATEGORIES SPORTS 

India women look to continue dominance over SA in 2nd T20

A perfect start achieved, the Indian women’s cricket team would look to continue its supremacy over South Africa when the two sides clash in the second Twenty20 International, here tomorrow. After a 2-1 win in the ODI series, the Indian women started the T20 series on a confident note, drubbing the hosts by seven wickets here in the first game on Monday. And the Harmanpreet Kaur-led side would look to carry on the momentum in the remainder of the five-match series. The way the Indians came out all guns blazing…

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