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Category: NEWS CATEGORIES

BUSINESS NEWS CATEGORIES 

Nirav Modi scam: ICAI panel yet to receive info from Punjab National Bank

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The Institute of Chartered Accountants of India (ICAI) today said it is yet to receive information from Punjab National Bank on the nearly Rs 13,000 crore scam involving Nirav Modi. A high-level group constituted by the institute is studying specifically the systemic issues involved in the PNB fraud and would also suggest remedial measures for strengthening the banking system. Having failed to get any information from the bank, the group, set up in February, had sought government’s intervention to obtain details related to the fraud. “The Ministry of Corporate Affairs…

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NEWS CATEGORIES WORLD NEWS 

China announces Taiwan Strait live-fire drills amid tensions

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China today announced live-firing military exercises in the Taiwan Strait amid heightened tensions over increased American support for Taiwan’s government. The announcement by the maritime safety authority in the coastal province of Fujian coincided with a statement from their counterparts in Hainan province that the navy was ending a three-day exercise in the South China Sea one day early. No explanations were given in either case and the Defense Ministry did not immediately respond to questions. The Fujian authorities said the one-day Taiwan Strait drill will be held next Wednesday.…

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NATIONAL NEWS NEWS CATEGORIES 

BJP leaders, including Modi, hold fast to target Congress

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Top BJP leaders, including Prime Minister Narendra Modi, his ministerial colleagues and party MPs and office-bearers, observed fast today to protest the washout of the second phase of Parliament’s Budget Session, for which they have blamed the Congress. While many, including Modi and Home Minister Rajnath Singh , kept to their work while fasting, several ministers, among them Prakash Javadekar, Mukhtar Abbas Naqvi and Piyush Goyal, travelled to different parts of the country to sit on fast and attack the main opposition party. BJP president Amit Shah joined his party…

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NEWS CATEGORIES WORLD NEWS 

Sushma, Sitharaman scheduled to be in Beijing on same day on April 24

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External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman are scheduled to be in Beijing on April 24 to attend different meetings of the Shanghai Cooperation Organisation (SCO) and interact with their counterparts from the member states. The eight-member SCO, in which India was a latest entrant along with Pakistan, is due to hold its summit in the Chinese city of Qingdao in June. Prime Minister Narendra Modi is expected to attend the summit and also hold talks with Chinese President Xi Jinping. The SCO comprised of China, Kazakhstan,…

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NATIONAL NEWS NEWS CATEGORIES 

Kathua rape-murder case: Won’t allow obstruction of justice, says Mehbooba

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Jammu and Kashmir Chief Minister Mehbooba Mufti today said her government will not allow law to be obstructed and justice will be delivered in the rape-and-murder case of an eight-year-old Bakerwal girl in Kathua district. The rape-and-murder of the nomadic Muslim Bakerwal community girl has created a controversy after lawyers in Jammu called for a shutdown yesterday, demanding the case be handed over to the Central Bureau of Investigation (CBI). “The Law will not be obstructed by the irresponsible actions & statements of a group of people. Proper procedures are…

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NEWS CATEGORIES SPORTS 

Rathore asks CGF and England not to remove shooting from 2022 CWG roster

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With shooting set to be dropped from the Birmingham Commonwealth Games’ roster, Sports Minister Rajyavardhan Singh Rathore today shot off a missive to his British counterpart and to the CGF President, asking them to intervene and ensure that the sport remains a part of the 2022 edition. The Commonwealth Games Federation (CGF) has left it to the host nation, in this case England, to keep or remove shooting, which has always been an optional sport, from the schedule. Rathore wrote not only to the CGF President Louise Martin but also…

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ENTERTAINMENT NEWS CATEGORIES 

Women being vocal is still new to the world: Priyanka Chopra

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Priyanka Chopra believes that women have started to stand up against gender biases but the world is still not able to digest them being “vocal” about their choices. The 35-year-old Bollywood star, who is having a dream run in Hollywood, says the movements like #MeeToo and Times’s Up prove that women across the globe have been facing challenges and India is no different. “Gender equality and women empowerment are global issues. Every country has its cultural problems. But women’s health and women’s rights are global problems. I live in America…

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LEGAL NEWS NEWS CATEGORIES 

CJI first among equals, has power to allocate cases: SC

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The Chief Justice of India (CJI) is the “first among equals” and occupies a unique position having the “exclusive prerogative” to allocate cases and set up benches to hear cases, the Supreme Court ruled today. The verdict assumed significance as it came in the backdrop of the January 12 unprecedented press conference of senior-most judges including Justices J Chelameswar, Ranjan Gogoi, Madan B Lokur and Kurian Joseph raising the issue of improper allocation of cases. Significantly, senior advocate and former law minister Shanti Bhushan has also recently filed a PIL…

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BUSINESS NEWS CATEGORIES 

Rupee plunges to 5-mth low of 65.31 on crude price surge

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The rupee today nosedived 32 paise to hit a fresh five-month low of 65.31 against the US dollar as surging crude oil prices and growing geopolitical uncertainties rattled forex market sentiment. This is the lowest closing for the home currency since November 14, 2017, when it had ended at 65.42 against the greenback. Brent crude, an international benchmark, is trading near a four-year peak of USD 71.70 a barrel in early Asian trade. A sense of volatility prevailed in the domestic currency market after a rapid surge in global crude…

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BUSINESS NEWS CATEGORIES 

Oil cos say no directive from govt to defer price hike

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The government has not asked state-owned oil firms so far to avoid raising the retail price of petrol and diesel in view of next month’s elections in Karnataka, heads of IOC and HPCL said today. The government was said to have informally directed state-owned fuel retailers not to raise petrol and diesel prices in the run-up to the December 2017 assembly elections in Gujarat. By some accounts, as much as 45 paisa increase warranted in petrol and diesel rates was not passed on. This time around Indian Oil Corp (IOC),…

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