BUSINESS NEWS CATEGORIES 

RBI eases cash reserve rules to ease liquidity

The Reserve Bank of India Thursday allowed banks to dip further into statutory cash reserves in a bid to ease a liquidity squeeze afflicting the nation’s money markets. RBI in a statement said banks could ‘carve out’ up to 15 per cent of holdings under the statutory liquidity reserves to meet their liquidity coverage ratio (LCR) requirements as compared to 13 per cent now.This resulted from a rise in the facility to avail funds for LCR to 13 per cent from 11 per cent, effective October 1, RBI said in…

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LEGAL NEWS NEWS CATEGORIES 

SC strikes down law on adultery; says it is unconstitutional, dents individuality of women

The Supreme Court Thursday declared that adultery is not a crime and struck down the anti-adultery law, saying it was unconstitutional as it dented the individuality of women and treated them as “chattel of husbands”. The apex court’s five-judge Constitution bench was unanimous in striking down Section 497 of the Indian Penal Code dealing with the offence of adultery and holding it as manifestly arbitrary, archaic law which is violative of the rights to equality and equal opportunity to women. Section 497 of the 158-year-old IPC says: “Whoever has sexual…

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NATIONAL NEWS NEWS CATEGORIES 

Activists, petitioners welcome SC verdict on Aadhaar

Petitioners and activists Wednesday welcomed the Supreme Court’s verdict declaring the Aadhaar scheme as constitutionally valid.Tehseen Poonawalla, one of the petitioners in the case, expressed happiness at the apex court stating it was not necessary to link it to bank accounts and that telecom service providers couldn’t seek linking of Aadhaar.”Oh jeez, Sekhri just said #AadhaarVerdict does NOT have to be linked to mobiles and banks!!! Amazing. He struck down section 57 of the #Aadhaar act!!,” he tweeted.  Section 57 allows not only the State but also any “body corporate…

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ENTERTAINMENT NEWS CATEGORIES 

Shah Rukh Khan praises ‘Tumbbad’

Shah Rukh Khan has lauded “Tumbbad”, saying the horror film is a “well-crafted” piece of art. The period horror, directed by Rahi Anil Barve and Adesh Prasad, features “Ship of Theseus” star Sohum Shah in the lead.Shah Rukh took to praise the film, which recently had its premiere at the Venice Film Festival, on Twitter. “Saw bits of this extremely well-crafted film. A genre we normally don’t push boundaries in. Wishing my friends the best with this venture and hope you all watch it and enjoy it. #Tumbbad the Trailer,” he wrote.The…

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NEWS CATEGORIES SPORTS 

Hazare Trophy: Maha beat Railways by seven wickets

Maharashtra produced a clinical show to defeat Railways by seven wickets in a lop- sided Elite Group A match of the Vijay Hazare Trophy played here Wednesday.Maharashtra bowlers put up a spirited show to bundle out the Railways for a paltry 180 in 48.2 overs.And then their batsman took the side home with 8.4 overs to spare at the M Chinnaswamy Stadium with Ruturaj Gaikwad (84 off 93 balls) top-scoring for the side.For Railways, one-down Mrunal Devdhar (64 off 94 balls) emerged as the top-scorer.But their other top four batsmen…

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NEWS CATEGORIES WORLD NEWS 

US Congress passes bill to impose visa ban on Chinese officials denying Americans access to Tibet

The US Congress has passed a crucial bipartisan bill that seeks to impose a visa ban on Chinese officials who deny American citizens, government officials and journalists access to Tibet.The legislation, passed by a unanimous voice vote, comes amidst the Trump administration imposing massive trade import duties on China that has started impacting the Chinese economy.The ‘Reciprocal Access to Tibet Act’, which seeks to ensure that Americans are given the same access to Tibet that Chinese citizens have to the United States, was passed by the House of Representatives on…

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BUSINESS NEWS CATEGORIES 

‘Aadhaar very convenient for opening bank accounts’

State Bank of India’s chairman Rajnish Kumar Wednesday termed the government’s flagship Aadhaar scheme a ‘great facility’ as it has made the process of opening of bank accounts very convenient.This comes against the backdrop of the Supreme Court judgement Wednesday declaring Aadhaar scheme as constitutionally valid, even as it struck down some of its provisions.”Everybody will have to honour the Supreme Court’s judgement, but I believe from services point of view it (Aadhaar) is a great facility,” Kumar told reporters.A five-judge constitution bench headed by Chief Justice Dipak Misra held…

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LEGAL NEWS NEWS CATEGORIES 

SC declares Aadhaar scheme constitutionally valid, strikes down some provisions

The Supreme Court Wednesday declared the Centre’s flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions.A five-judge constitution bench headed by Chief Justice Dipak Misra held that while Aadhaar would remain mandatory for filing of IT returns and allotment of Permanent Account Number (PAN), it would not be mandatory to link Aadhaar to bank accounts and telecom service providers cannot seek its linking for mobile connections.It would not be mandatory for school admissions, as also…

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अर्थ हिंदी न्यूज़ 

आधार पर न्यायालय का निर्णय ऐतिहासिक, योजना से सरकार को सालाना 90,000 करोड़ रुपये की बचत: जेटली

वित्त मंत्री अरूण जेटली ने आधार पर उच्चतम न्यायालय के फैसले को ‘ऐतिहासिक’ करार देते हुए बुधवार को कहा कि सरकारी योजनाओं को वास्तविक लाभार्थियों तक पहुंचाने से सरकार को सालाना 90,000 करोड़ रुपये की बचत हुई है। मुख्य न्यायाधीश दीपक मिश्रा की अध्यक्षता वाली संविधान पीठ ने कहा कि आधार संवैधानिक रूप से वैध है। हालांकि पीठ ने बैंक खातों को आधार से जोड़ने, मोबाइल फोन कनेक्शन तथा स्कूल में दाखिले के लिये विशिष्ट पहचान संख्या की अनिवार्यता खत्म कर दी। उच्चतम न्यायालय के निर्णय में आयकर रिटर्न तथा…

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खेल हिंदी न्यूज़ 

अंपायरों की गलती पर धोनी ने कहा, ‘जुर्माना नहीं भरना चाहता हूं’

भारत और अफगानिस्तान के बीच एशिया कप में टाई छूटे मैच में अंपायरों की गलतियों पर अपने विशेष अंदाज में कटाक्ष करते हुए महेंद्र सिंह धोनी ने कहा कि वह इस बारे में टिप्पणी करके जुर्माना नहीं भरना चाहते हैं। धोनी और दिनेश कार्तिक को मैदानी अंपायरों – वेस्टइंडीज के ग्रेगरी ब्रेथवेट और बांग्लादेश के अनीसुर रहमान ने पगबाधा आउट दिया। टीवी रीप्ले से हालांकि साफ लग रहा था कि दोनों अवसरों पर गेंद विकेट पर नहीं लग रही थी। धोनी को कामचलाऊ आफ स्पिनर जावेद अहमदी ने आउट किया…

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