DIGITAL INDIA NEWS | DIN NEWS

RBI revamps departments for effective supervision, regulation of banking sector

November 1, 2019 strong

Under attack for not being able to prevent scams in the banking sector, the RBI on Friday reorganised its supervisory and regulatory functions into two departments to deal more effectively with potential systemic risk.The central bank had separate departments for supervisory function as well as regulatory function which have been integrated into two unified departments.The development follows the RBI’s central board decision to create separate supervisory and regulatory cadre.The Indian banking sector has witnessed a series of scams, including about Rs 14,000 crore fraud in Punjab National Bank and the…

NATIONAL NEWS NEWS CATEGORIES

Share of stubble burning to Delhi’s pollution rises to 46 per cent, highest this year: SAFAR

November 1, 2019 strong

The share of stubble burning from the neighbouring states of Punjab and Haryana in Delhi’s pollution rose to 46 per cent on Friday, the highest this year, government agency SAFAR said as the air quality in the national capital nose-dived further.As the pollution levels entered the “severe plus” category”, the Supreme Court mandated Environment Pollution (Prevention and Control) Authority on Friday declared a public health emergency in the Delhi-NCR region and banned construction activity till November 5.It also asked implementing agencies to take immediate stringent action to stop stubble-burning in…

LEGAL NEWS NEWS CATEGORIES

NGT directs Jal Board, DPCC to submit report on illegal extraction of groundwater

November 1, 2019 strong

The National Green Tribunal on Friday directed the Jal Board and the Pollution Control Committee in the national capital to submit report on a plea alleging illegal extraction of groundwater in North Delhi. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel said depletion of groundwater is a serious concern and authorities should seriously look into the issue. “Let the DJB and DPCC look into the matter and take appropriate action in accordance with law and furnish a factual and action taken report to this tribunal within one month,”…

NEWS CATEGORIES WORLD NEWS

EU calls on India, Pak to resume dialogue amid tension over Kashmir

October 31, 2019 strong

The European Union has called on India and Pakistan to avoid escalation of tension over the Kashmir issue and resume bilateral dialogue for a peaceful and political solution to the matter, after the Indian government revoked Jammu and Kashmir’s special status.Reacting sharply to India’s move to abrogate Article 370 in Jammu and Kashmir to bring it in line with the rest of the country, Pakistan downgraded diplomatic ties with New Delhi and expelled the Indian envoy.Pakistan has been trying to internationalise the Kashmir issue but India has asserted that the…

ENTERTAINMENT NEWS CATEGORIES

Taylor Swift to receive Artist of the Decade award at AMAs

October 31, 2019 strong

NEWS CATEGORIES SPORTS

Conflict of Interest: BCCI ethics officer asks Dravid to depose on November 12

October 31, 2019 strong

BCCI ethics officer D K Jain has asked Indian cricket great Rahul Dravid to appear in person for the second time, on November 12, for “further submissions and clarifications” on the conflict of interest allegations levelled against him.The 46-year-old former India captain had earlier explained his case in the personal hearing held in Mumbai on September 26.MPCA life member Sanjiv Gupta had filed the complaint against Dravid, alleging conflict of interest in his current role as National Cricket Academy (NCA) Head and being an India Cements employee.”Jain wrote to Dravid…

BUSINESS NEWS CATEGORIES

Sensex hits record high of 40,345; Infosys, SBI rally 4 pc

October 31, 2019 strong

Market benchmark BSE Sensex surged over 293 points to hit its record intra-day high of 40,344.99 on Thursday led by rally in index heavyweights Infosys, SBI, HDFC Bank and TCS.After opening on a strong note, the 30-share index was trading 263.69 points, or 0.66 per cent, higher at 40,315.56 in morning session. The broader NSE Nifty too advanced 71.85 points, or 0.61 per cent, to 11,915.95.Top gainers in the Sensex pack included SBI, Infosys, Tata Motors, Yes Bank and Sun Pharma, rising up to 4.35 per cent. On the other…

NATIONAL NEWS NEWS CATEGORIES

A 370 led to terrorism; Patel’s inspiration behind abrogation: PM

October 31, 2019 strong

Paying glowing tributes to Sardar Vallabhbhai Patel on National Unity Day, Prime Minister Narendra Modi on Thursday defended the abrogation of Article 370, saying the special status provisions only generated terrorism in Jammu and Kashmir.Attending a function at the Statue of Unity here on the occasion of Patel’s 144th birth anniversary, Modi led the gathering in taking the `national unity pledge’. “The new system in Jammu and Kashmir and Ladakh is not meant to draw a line on the land (to draw a boundary) but to build a strong link…

LEGAL NEWS NEWS CATEGORIES

HC upholds life term of two for murdering man, acquits victim’s wife

October 31, 2019 strong

The Delhi High Court has upheld the life imprisonment of two persons for killing a man and throwing his body in a jungle, while setting aside the trial court’s verdict convicting and sentencing the victim’s wife.The court said each chain of the circumstances points towards the involvement of convicts Sachin and Sunil but no substantial legal evidence has come on record against Prabha, the victim’s wife.A bench of Justices Siddharth Mridul and I S Mehta upheld the decision of a trial court convicting and sentencing the two men for killing…

NEWS CATEGORIES SPORTS

Indian women’s team aims for good results against Vietnam

October 30, 2019October 31, 2019 strong

The Indian women’s football team exuded confidence before departing for Vietnam on Wednesday to play two FIFA International friendlies. The team that has won the SAFF Women’s Championship impressed in the AFC Olympic Qualifiers Round 2 and finished third in the COTIF Cup in Spain this year. Head coach Maymol Rocky believes that the team has now reached the point where they need to play higher-ranked opposition like Vietnam (34, as compared to India’s 57), in order to further improve. “I think this is the first time that we will…