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News Live: Nearly 1,000 flights to be hit by airspace closure for Republic Day

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

  • Jan 06, 06:18 PM (IST)

    Nearly 1,000 flights to be hit by airspace closure for Republic Day

    Nearly 1,000 flights to and from Indira Gandhi International (IGI) will be cancelled or rescheduled in the run-up to Republic Day parade as airspace over Delhi will remain closed for about two hours every day for over a week.

    An estimated 500 domestic flights could be cancelled and as many international flights will be rescheduled due to the restrictions, an airport official said, adding it was being done due to increased traffic and capacity constraints this year.

  • Jan 06, 07:00 PM (IST)

    Newly-elected Himachal Pradesh CM Jai Ram Thakur turns 53

    Newly-elected Himachal Pradesh Chief Minister Jai Ram Thakur celebrated his 53th birthday at his official residence 'Oakover' here today.

    People from all walks of life made a beeline to the residence and presented bouquets to the chief minister.

    Speaking at a blood donation and healthcare camp organised by the Bharatiya Janata Yuva Morcha (BJYM) to mark his birthday, the BJP leader said, "There was no greater service to mankind than saving precious human lives by donating blood".

  • Jan 06, 06:34 PM (IST)

    Former president of Japan's Toyota dies at 88

    Toyota's former president Tatsuro Toyoda, who helped the Japanese auto giant establish a foothold in North America, has died at the age of 88, the company said today.

    Toyoda, an uncle of current Toyota CEO Akio Toyoda, died of pneumonia on December 30, the firm said in a statement.

    His funeral has already been held and was attended by close relatives, but Toyota said it plans to hold a separate farewell ceremony.

  • Jan 06, 06:07 PM (IST)

    Trump backs proposal to divert US aid to Pak for infra projects

    President Donald Trump supported a top American Senator's proposal for a bill to stop the US aid to Pakistan for failing to clamp down on terror groups and divert the money for building roads and bridges in the US.

    "Good idea Rand!" Trump tweeted, sharing a video of Republican Senator Rand Paul promoting his bill to stop US aid to Pakistan and use the money towards domestic infrastructure projects. "I'm introducing a bill to end aid to Pakistan in the coming days. My bill will take the money that would have gone to Pakistan and put it in an infrastructure fund to build roads and bridges here at home," Paul said.

  • Jan 06, 06:00 PM (IST)

    Coal scam: ED attaches 348 acre land in Madhya Pradesh

    The Enforcement Directorate (ED) today said it has attached over 348 acres of land in Madhya Pradesh, valued at about Rs 4.53 crore, in connection with its money laundering probe in the coal blocks allocation scam.

    A provisional order for attachment of the land in Narsinghpur district of the central Indian state has been issued by the agency under the Prevention of Money Laundering Act (PMLA).

    The land belongs to Ms BLA Industries Private Limited, it said.

  • Jan 06, 05:47 PM (IST)

    Former Zimbabwe ministers loyal to Mugabe charged with corruption

    Two former Zimbabwean cabinet ministers who served under ex-president Robert Mugabe have been charged with corruption, their lawyers said on Saturday, the latest sign of a crackdown on officials loyal to Mugabe.

    Mugabe, 93, stood down in November after 37 years in power following a de facto military coup, making way for his former deputy Emmerson Mnangagwa to take over.

  • Jan 06, 05:39 PM (IST)

    JUST IN| MAT relief for companies against whom insolvency application has been admitted effective FY2017-18

  • Jan 06, 05:03 PM (IST)

    Bushfires destroy buildings in Australia as heatwave melts highway surface

    Bushfires in Australia destroyed buildings and threatened lives on Saturday as a heatwave in three states brought temperatures strong enough to melt the bitumen on a highway.

    A fire raging out of control set several structures ablaze on the outskirts of Melbourne, the country's second largest city, and the capital of the southeastern state of Victoria.

  • Jan 06, 04:57 PM (IST)

    Iran stages pro-government rallies, derides Trump 'blunder' at UN

     Thousands of government supporters staged rallies in Iran for a fourth day on Saturday, in a backlash against widespread protests that the clerical establishment has blamed on the country's enemies.

    Saturday's show of support came a day after Iran's foreign minister said a United Nations Security Council meeting called by the United States to discuss the protests had proved a "blunder" by the administration of U.S. President Donald Trump.

  • Jan 06, 04:53 PM (IST)

    Congress defends Rahul Gandhi over privilege notice on tweet

    Defending Rahul Gandhi over his tweet against Finance Minister Arun Jaitley, the Congress today said if it attracted a privilege notice, then the BJP should be held guilty on many such counts.

    Hitting back at the ruling party, senior Congress leader Anand Sharma cited Prime Minister Narendra Modi's remarks against his predecessor Manmohan Singh and Vice President Hamid Ansari during the recent Gujarat polls.

    His response came after Rajya Sabha Chairman M Venkaiah sent a privilege notice against the Congress president moved by BJP Rajya Sabha member Bhupinder Yadav to Lok Sabha Speaker Sumitra Mahajan for further action.

  • Jan 06, 04:44 PM (IST)

    Transport strike in Tamil Nadu enters third day, govt says 'many' staff returning to work

    The indefinite strike by some transport unions in Tamil Nadu over wage-related issues, entered the third day today, even as the state government said "many" staff were returning to work and expressed confidence that normal operations would resume tomorrow.

    State transport Minister M R Vijayabaskar told a Tamil TV channel that despite the stir, 80 percent buses were running.

  • Jan 06, 04:26 PM (IST)

    BREAKING | A special CBI court has sentenced Lalu Prasad Yadav to 3.5 years of jail in the fodder scam case. The court also imposed a Rs 5-lakh penalty on the RJD chief. Catch the updates live here.

  • Jan 06, 04:17 PM (IST)

    Not authorised anyone to speak in TV debates: Rajinikanth fans association

    The All India Rajinikanth Fans Association said it has not authorised any individual to speak in TV debates on its behalf.

    The association also made it clear that "official views on matters of importance will be disclosed only after the announcement of his (Rajinikanth) political party."

    According to a release from V M Sudhakar, Administrator of the association, some individuals were appearing in TV channels as supporters of the actor and were "expressing their personal views in debates."

  • Jan 06, 04:09 PM (IST)

    Paytm Payments Bank, IndusInd tie-up for fixed deposit facility

    Paytm Payments Bank said it has partnered Induslnd Bank to introduce a facility to create a fixed deposit when the customer balance exceeds Rs 1 lakh at the end of the day.

    Paytm Payments Bank customers can redeem their deposits instantly, anytime without paying any pre-closure or miscellaneous charges and can earn up to 6.85 percent annual interest, the company said in a statement.

  • Jan 06, 03:48 PM (IST)

    Mojo's Bistro owners booked for culpable homicide in Kamala Mills fire case

    Police have booked the owners of Mojo's Bistro for culpable homicide not amounting to murder in connection with last month's massive fire in Kamala Mills compound, a day after a probe revealed that the blaze started from the high-end pub.

    Yesterday, a report by the Mumbai fire department stated that flying embers from illegal hookah being served at Mojo's Bistro was the probable cause of the deadly blaze, which claimed 14 lives on December 29.

  • Jan 06, 03:43 PM (IST)
  • Jan 06, 03:38 PM (IST)

    FBI investigating Clinton Foundation corruption claims

    The FBI is investigating whether the Clinton Foundation engaged in any pay-to-play politics when Hillary Clinton was the secretary of state in the first term of the Obama administration, media reports have said.

    US President Donald Trump has repeatedly called for an investigation into Clinton, her aides and the foundation.

  • Jan 06, 03:30 PM (IST)

    Trump book author says his revelations will bring down US president

    The author of a book that is highly critical of Donald Trump's first year as U.S. president said his revelations were likely to bring an end to Trump's time in the White House.

    Michael Wolff told BBC radio that his conclusion in "Fire and Fury: Inside the Trump White House" that Trump is not fit to do the job was becoming a widespread view."I think one of the interesting effects of the book so far is a very clear emperor-has-no-clothes effect," Wolff said in an interview broadcast on Saturday.

  • Jan 06, 03:11 PM (IST)

    Goa's Dabolim airport set for expansion

    The Dabolim airport in Goa is set for expansion on the back of expected growth in the civil aviation sector though the tourist state will be getting a brand new aerodrome.

    The proposed airport at Mopa in North Goa is likely to impact the traffic flow at Dabolim, but its operator the Airports Authority of India (AAI) has said it will go ahead with expansion plans at the existing facility to cater to growing demand in the sector.

    Goa's lone airport at Dabolim operates from the naval base 'INS Hansa'. The first phase of greenfield airport at Mopa is schedule to be operational by 2019. (PTI)

  • Jan 06, 02:41 PM (IST)

    Fodder scam case update: The court will now be sentencing Lalu Yadav and others at 4 pm, according to media reports.

  • Jan 06, 02:24 PM (IST)

    Fodder scam case: Court to begin Lalu Yadav sentencing shortly

    Former Bihar CM and wife of Lalu Prasad Yadav, Rabri Devi has called for an emergency meeting before Lalu Yadav's sentencing in the Fodder Scam case, according to CNN-News18. The sentence on the quantum of punishment will be pronounced shortly.

  • Jan 06, 02:01 PM (IST)

    Ryan school murder case: Order on plea of accused teenager on January 8

    A Gurgaon court will pronounce on Monday its order on the bail application of a 16-year-old student, accused of killing 7-year-old Pradhuman Thakur at Ryan International School.

    Additional Sessions Judge Jasbir Singh Kundu reserved the order after hearing arguments of the counsel for the accused, the CBI and the complainant. (PTI)

  • Jan 06, 01:39 PM (IST)

    Five bodies recovered from avalanche site in Jammu & Kashmir

    Five bodies were today recovered from a spot in north Kashmir's Kupwara district where a passenger vehicle was hit by a huge avalanche of snow, trapping seven persons.

    A passenger vehicle was hit by a huge avalanche of snow at Khooni Nallah near Sadhan Top on the Kupwara-Tangdhar road yesterday, according to PTI.

  • Jan 06, 12:46 PM (IST)
  • Jan 06, 12:45 PM (IST)

    BREAKING | Former Bihar Chief Minister Lalu Prasad Yadav's sentencing in the Fodder Scam case will be held through video conferencing at 2 pm today.

  • Jan 06, 12:27 PM (IST)

    Maharashtra moving towards 'chaos' due to caste conflict: Shiv Sena

    Maharashtra is moving towards "chaos and destruction" due to caste conflict, the Shiv Sena said on Saturday as it continued its attack on the Devendra Fadnavis government over the violence at Bhima–Koregaon village.

    The Uddhav Thackeray-led party, a junior ally in the BJP-led government, bemoaned large-scale damage to property by protesters during the January 3 bandh in Maharashtra called by Dalit outfits to denounce the violence at Bhima–Koregaon in Pune district.

    "Dalits are calling for bandh and Hindutvawadi groups are taking out morchas. It looks like Maharashtra is moving towards chaos and destruction due to caste conflict instead of prosperity," read an editorial in the Sena mouthpiece 'Saamana'. (PTI)

  • Jan 06, 12:10 PM (IST)
  • Jan 06, 11:29 AM (IST)

    Four policemen killed in IED blast in Kashmir's Sopore

    Four policemen on patrol duty were killed when an improvised explosive device (IED) planted by militants went off in Sopore town in north Kashmir today, an official said.

    Militants had planted the IED near a shop in a lane between the 'Chotta Bazaar' and 'Bada Bazaar' in Sopore in Baramulla district, the official said. (PTI)

  • Jan 06, 11:22 AM (IST)

    Border residents to get 5,390 bunkers in Kashmir

    The government will provide safe accommodation to 54,000 border residents facing the brunt of intermittent firing and shelling by Pakistan troops round the year in Rajouri district with the construction of over 5,300 individual and community bunkers.

    Each community bunker of 800 square feet will accommodate 40 persons and individual bunker of 60 square feet will accommodate eight persons, he said. (PTI)

  • Jan 06, 10:54 AM (IST)
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