Karti Chidambaram produced in Delhi court; CBI seeks extension of his custody by 14 more days
The CBI on Thursday produced businessman and Congress member Karti Chidambaram, arrested in the INX Media case, before a Delhi court after the expiry of his one-day custody and sought an extension of his custody by 14 days.
SBI, ICICI Bank hike lending rates, EMIs to go up
For the first time in over two years, banks have started hiking the interest rates indicating a change in the rate cycle. The country’s largest lender State Bank of India, and the largest private sector bank ICICI Bank increased lending rates by upto 20 bps — a move that will increase equated monthly instalments for home, car loans for its customers.
Cabinet clears Fugitive Economic Offenders Bill
The Union Cabinet on Thursday, March 1, 2018 approved a stringent Fugitive Economic Offenders Bill that provides for confiscating assets without conviction in cases where economic offenders flee the country.
Finance Ministry to consolidate overseas operations of public sector banks
In the wake of unearthing of a series of scams in public sector banks, a move is afoot to consolidated the overseas operations of the public sector banks (PSBs). The plan is to consolidate at least 35 overseas operations of the PSBs. This will be done without affecting the global presence of these public sector banks in those countries.
Mallikarjun Kharge declines offer to attend Lokpal meeting as special invitee
Leader of the Congress party in the Lok Sabha Mallikarjun Kharge on Thursday declined to participate in a Lokpal selection panel meeting. He called the "special invitee" invitation offered to him a concerted effort to exclude the independent voice of the Opposition from the selection process of the most important anti-corruption watchdog.
Astronomers glimpse cosmic dawn, when the stars switched on
After the Big Bang, it was cold and black. And then there was light. Now, for the first time, astronomers have glimpsed that dawn of the universe 13.6 billion years ago when the earliest stars were turning on the light in the cosmic darkness.
Global war against terror is not a fight between people or religions: Jordan King Abdullah II
King Abdullah II of Jordan delivered a special address at Vigyan Bhawan in New Delhi on Thursday. Prime Minister Narendra Modi, who met with King Abdullah in Amman earlier this month, is attending the function organised by the India Islamic Cultural Centre, where the King is speaking on “Islamic Heritage: promoting understanding and moderation”, to an audience that includes academics and Islamic scholars, as well as representatives of all denominations of the Muslim community.
Chidambaram ‘orchestrated’ corruption in INX media case: BJP
The Bharatiya Janatat Party on Thursday, March 1, 2018, trained guns on former Finance Minister P. Chidambaram over the INX Media case in which his son Karti was arrested on Wednesday, saying the statement of co-accused Indrani Mukerjea shows that he had “facilitated and orchestrated this corruption”.
Vinesh Phogat enters final of Asian Wrestling Championship
Wrestler Vinesh Phogat assured herself and India of at least a silver medal at the Asian Wrestling Championship, as the Commonwealth Games gold medallist entered the final of the 50kg category with win over Japan’s Yuki Irie.
Centre must take steps for comprehensive talks with Pakistan: Karat
The Communist Party of India (Marxist) on Thursday said that the government should shed its “confrontationist stance” and initiate talks for resumption of a comprehensive dialogue with Pakistan.