Updated on Feb 22, 2018 22:04:24

 

 

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22-Feb-2018 Mumbai

PNB reasserts it has enough capital and assets to meet liability

The $1.8 billion fraud-hit Punjab National Bank (PNB) on Thursday reiterated that it had enough assets/capital to meet any liability which is decided as per law.The bank said this in response to a clarification sought by the stock exchanges about what would...

22-Feb-2018 Mumbai

Volatility on F&O expiry, global cues pull equities lower

Volatility infused by futures and options (F&O) expiry, along with negative global cues and a weak rupee, pulled the key Indian equity indices lower on Thursday.The wider Nifty50 of the National Stock Exchange (NSE) closed on a flat-to-negative note -- down...

22-Feb-2018 New Delhi

Fujifilm brings 'X-H1' mirrorless digital camera in India

Expanding its X series, Fujifilm India on Thursday launched "X-H1" mirrorless digital camera for Rs 1,49,999 (for body only) and Rs 1,72,999 (for body and battery grip)."X-H1" is the first camera in the series to include 5-axis, 5.5 stops in-body image stabilisation...

22-Feb-2018 Dehradun

Heavy snowfall on Uttarakhand hills

Heavy snowfall was reported on Thursday from the hilly tracts of Uttarakhand, including Hemkund Saheb, Badrinath and Kedarnath. This has lead to a dip in the mercury.At other places, especially the plains the temperature has increased to warm which was normal,...

22-Feb-2018 Toronto

'Canadian PM, politicians must not attend events glorifying militants'

Reacting to Prime Minister Justin Trudeau's assurance to Punjab Chief Minister Amarinder Singh to curb Sikh separatists in Canada, former Canadian Health Minister Ujjal Dosanjh has said politicians in this country have failed to appreciate India's deep sensitivities...

22-Feb-2018 New Delhi/Mumbai

PNB fraud: ED seizes luxury cars, more assets of Modi, Choksi

The Enforcement Directorate on Thursday said it has seized nine high-end luxury cars belonging to Nirav Modi besides crores of assets in connection with its ongoing probe into the Rs 11,300 crore Punjab National Bank fraud case.Coming down on the diamond...

22-Feb-2018 Lima

44 killed in Peru bus accident

At least 44 people were killed and 24 others injured when a bus skidded off the road and plunged into a river in Peru's Arequipa region, authorities said.Seven of the injured are in serious condition, including three children, reports Efe news agency.The...

21-Feb-2018 Damascus

250 dead in Syria's Eastern Ghouta in 48hrs : Rights group

At least 250 civilians have been killed by shelling and air strikes in Syria's Eastern Ghouta in the past 48 hours, the UK-based Syrian Observatory for Human Rights (SOHR) said Tuesday.The death toll included 58 children and 42 women, the group said in...

21-Feb-2018 New Delhi

Xiaomi Redmi Note 5 Pro: Hard to beat this value-for-money smartphone

After shaking up the highly competitive Indian smartphone market, especially in the last two quarters of 2017, Chinese handset maker Xiaomi has kick-started the new year with two devices -- Redmi Note 5 and Redmi Note 5 Pro.While Redmi Note 5 is essentially...

21-Feb-2018 New Delhi

HTC launches 'Vive Business Edition' VR system in India

With the aim to drive business use of Virtual Reality (VR), Taiwanese electronics giant HTC on Wednesday launched the "Vive Business Edition" headset for Rs 1,26,990 in India.Vive Business Edition, that can be purchased from Amazon and www.imonline.co.in,...

21-Feb-2018 Mumbai

World's largest brain tumour removed in Mumbai hospital

In a rare and complicated surgery, doctors at a Brihanmumbai Municipal Corporation (BMC) hospital have successfully extricated a brain tumour from a 31-year-old blind man from Uttar Pradesh.The tumour, weighing a whopping 1.873 kg, is the largest of its...

21-Feb-2018 Hyderabad

8 killed in Telangana road accident

Eight persons, including two women, were killed and three others were injured in a collision between two cars in Telangana's Wanaparthy district on Wednesday, police said.The accident took place near Kannimeta in Kothakota block, about 150 km from here.According...

21-Feb-2018 New Delhi/Mumbai

CBI arrests PNB GM, seals Nirav Modi's Alibaug farmhouse

The CBI on Wednesday said it has arrested a General Manager-rank officer of the Punjab National Bank (PNB) in connection with the Rs 11,300 crore fraud and sealed diamond merchant Nirav Modi's Alibaug farmhouse in Maharashtra.Rajesh Jindal, who was holding...

21-Feb-2018 Mumbai

Equities snap 3-day losses, bargain hunting lifts sentiments

Bargain hunting by investors lifted the key Indian equity indices on Wednesday -- a day ahead of futures and options (F&O) expiry, snapping a three-day losing streak.According to market observers, healthy buying in IT, Teck (technology, media and entertainment)...

21-Feb-2018 Jabalpur (Madhya Pradesh)

8 die in MP road accident

A speeding truck on Wednesday crushed eight persons to death at a roadside in Madhya Pradesh's Jabalpur district, police said.As the driver tried to gain control of the vehicle, he crashed into a tea stall nearby before overturning.The police suspect that...

20-Feb-2018 New Delhi

Congress to talk to others on raising PNB fraud in Parliament

The Congress on Tuesday said that it would talk to other parties on raising the Rs 11,300-crore PNB fraud and the Rotomac fraud issue in the second leg of Parliament's Budget Session to seek answers from the government on the credibility of banking sector."The...

20-Feb-2018 New Delhi

Another controversy: Delhi CS, AAP trade accusations on assault

Delhi Chief Secretary Anshu Prakash on Tuesday alleged that he was hit by two AAP MLAs in a meeting at Chief Minister Arvind Kejriwal's residence, triggering a major row that also saw the manhandling of Environment Minister Imran Hussain and another AAP leader...

20-Feb-2018 New Delhi

Supreme Court to hear on bank top brass' role in PNB scam

The Supreme Court will hear on Wednesday a plea for probe into the role of the top management of Punjab National Bank in the Rs 11,300 crore scam allegedly involving jeweller Nirav Modi and others.A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar...

20-Feb-2018 Mumbai

PNB scam: 3 bank officials in police custody till March 3

A special CBI court on Tuesday sent three Punjab National Bank officials arrested in connection with the Rs 11,300-crore fraud in police custody till March 3.Those arrested on Monday are Bechhu Tiwari, Chief Manager in charge of Forex Department, Yashwant...

20-Feb-2018 New Delhi

Abhishek Manu Singhvi gets IT notice for Nirav Modi purchases

The Income Tax Department on Tuesday said an "inquiry notice" was sent to Congress leader Abhishek Manu Singhvi's wife Anita who had allegedly bought diamonds and jewellery worth Rs 6.5 crore from a store owned by fugitive Nirav Modi."An inquiry notice has...

20-Feb-2018 New Delhi

PNB fraud: CBI questions 10 bank officials, 18 company employees

The CBI on Tuesday questioned 10 Punjab National Bank (PNB) officials, including an Executive Director, and 18 employees of Nirav Modi and Gitanjali group of firms in Rs 11,300 crore bank fraud case.A Central Bureau of Investigation (CBI) team also conducted...

20-Feb-2018 New Delhi

ED probing 120 shell companies linked to Nirav Modi, Mehul Choksi

The Enforcement Directorate (ED) is probing 120 shell companies allegedly linked to jeweller designer Nirav Modi and Gitanjali Group chief Mehul Choksi even as Income Tax officials claimed to have found two companies linked to Modi that had received Rs 555...

20-Feb-2018 Hyderabad

Gitanjali employees in Hyderabad stage protest, demand alternate jobs

The closure of Gitanjali Gems Park here following the raid by the Enforcement Directorate (ED) in connection with the multi-crore Punjab National Bank (PNB) scam has hit about 600 families and led to protests here on Tuesday.Demanding alternative employment,...

20-Feb-2018 Kolkata

PNB fraud shows how banking system fails to detect it'

Taking a dig at the Centre, Trinamool Congress MP and the party's veteran leader Saugata Roy on Tuesday said the alleged $1.8 billion banking fraud showed how much the country's banking system failed to detect it early.The Punjab National Bank had recently...

20-Feb-2018 Mumbai

Gitanjali Gems tanks for 5th straight day, PNB shares recoup losses

Shares of Gitanjali Gems on Tuesday tanked for the fifth straight trade session, a day after two senior officials of the company -- Chandrakant Karkare and Pankhuri Warange -- resigned following the unravelling of $1.8-billion Punjab National Bank (PNB) fraud.The...

20-Feb-2018 New Delhi

Airtel Delhi Half Marathon raises record charity amount

The 10th edition of the Airtel Delhi Half Marathon 2017 on Tuesday shattered all previous records to raise Rs. 8.10 crore for charity.Procam International along with India Cares Foundation, the event's philanthropy partner continued their commitment towards...

20-Feb-2018 Kolkata

PNB fraud shows how banking system fails to detect it'

Taking a dig at the Centre, Trinamool Congress MP and the party's veteran leader Saugata Roy on Tuesday said the alleged $1.8 billion banking fraud showed how much the country's banking system failed to detect it early.The Punjab National Bank had recently...

20-Feb-2018 Mumbai

Global cues, weak rupee pull equity indices lower

Weak global cues, coupled with a declining rupee and prolonged outflow of foreign funds, pulled the key Indian equity indices lower on Tuesday.The key indices, which opened on a positive note on the back of short covering, pared the day's entire gains during...

20-Feb-2018 New Delhi

AAP MLAs hit me in front of Kejriwal : Anshu Prakash

Delhi Chief Secretary Anshu Prakash on Tuesday alleged that he was hit by AAP MLA Amanatullah Khan and another party MLA, who he can identify, in front of Chief Minister Arvind Kejriwal at CM's residence on Monday night.However, the Aam Aadmi Party (AAP) denied...

20-Feb-2018

Meet the ENDS and not ban them

The World Health Organization Global TB report 2016, states that India accounts to a whopping number of 2.8 million of the total 10.3 million new TB cases globally. Moreover, research also states that deaths caused by oral cancer in India, cross over 10...

20-Feb-2018

Communitech forms Indo-Canada Innovation Bridgewith India’s T-Hub

Communitech has signed a memorandum of understanding with T-Hub of India today, announcing the intent to partner in support of global DoWWedYializatioY of eaĐh othed’s tedhyology ĐoŵpaŶies.The memorandum of understanding was signed during a ceremony in Mumbai, India...

20-Feb-2018 Lahore

2 lawyers killed in Lahore court firing

At least two lawyers were killed in a gunfire incident outside a sessions court here on Tuesday.The deceased lawyers were identified as Rana Ishtiaq and Owais Talib. The assailant, Kashif Rajput, opened fire at Ishtiaq -- who was his cousin -- over a family...

20-Feb-2018 Lucknow

Two killed in UP road accident

Two teenagers were killed and a dozen injured when their pickup van rammed into a tree and rolled into a ditch in Basti district in Uttar Pradesh on Tuesday, police said.The incident occurred in Kurthia when the driver apparently fell asleep and lost control...

20-Feb-2018 San Francisco

Google AI shows how eyes could reveal heart attack risk

Knowing the risk of a heart attack or a stroke could soon become as simple as an eye test as researchers at Google and its health-tech arm Verily have found that Artificial Intelligence (AI) and Machine Learning (ML) could help identify signals of heart diseases...

20-Feb-2018 Toronto

Khalistan issue has derailed focus of Trudeau's visit : Herb Dhaliwal

Canadas first Cabinet minister of Indian origin, Herb Dhaliwal, says the focus of the on-going visit of Prime Minister Justin Trudeau to India has been derailed by the Khalistan issue."It is very unfortunate that the media in India has overblown this Khalistan...

20-Feb-2018 New Delhi

Digital economy cannot be forced on people: Former minister Pallam Raju

The Bharatiya Janata Party (BJP) government has "twisted" some of the things in the digital revolution, such as "forcing digital transactions" on people and insisting on linking Aadhaar with everything, says M.M. Pallam Raju, a minister in the earlier Congress-led...

20-Feb-2018 New Delhi

PNB fraud: CBI continues questioning

The CBI on Tuesday continued questioning 10 Punjab National Bank (PNB) officials including those of General Manager rank and four employees of Nirav Modi group of companies in the Rs 11,300 crore bank fraud case.According to the Central Bureau of Investigation...

20-Feb-2018 Kanpur

CBI raids on Rotomac's Kanpur premises continue

CBI teams on Tuesday continued their searches for the second day in a row at the Kanpur-based house and premises of Rotomac owner Vikram Kothari, involved in a multi-crore loan default case.Informed sources said that mobile phones of all members of the Kothari...

20-Feb-2018

How telecom has become driver of economic change in India

For most part of human history, change was glacial in pace. It was quite safe to assume that the world at the time of your death would look pretty much similar to the one at the time of your birth. That is no longer the case, and the pace of change seems...

20-Feb-2018 San Francisco

Apple releases fix for Telugu bug that crashes iPhones

Apple has released a new iOS 11.2.6 update that includes a fix for the bug that is causing iPhones and apps like Facebook and WhatsApp to crash when a Telugu single character is received via iMessage.The bug was discovered last week and involves sending the...

19-Feb-2018 Washington

Sleep problems in menopause linked to hot flashes, depression

A study of middle-aged women by the University of Illinois (UI) found that sleep problems vary across the stages of menopause, yet are consistently correlated with hot flashes and depression.The UI researchers used data from the Midlife Women's Health...

19-Feb-2018 Patna

Four of marriage party killed in Patna road accident

At least four members of a marriage party were killed on Monday night near here as the bus carrying them overturned after driver lost control over the vehicle, police said.According to district police officials, more than two dozen members of the marriage...

19-Feb-2018 New Delhi

PNB fraud: Chief Bank Manager Bechu Tiwari, two others arrested

The CBI on Monday arrested Punjab National Bank's Brady House branch (Mumbai) Chief Manager Bechu B. Tewari and two of his colleagues in a multi-crore bank fraud case against diamond merchants Nirav Modi and his uncle Mehul Choksi, an official said.Tewari...

19-Feb-2018 London

Excess calcium in your brains' may up Parkinson's risk

While calcium helps to build and protect your bones, excess levels of the mineral in brain cells may lead to the formation of toxic clusters that are the hallmark of Parkinson's disease, finds a study.Parkinson's disease is a neurodegenerative disease that...

19-Feb-2018 Mumbai

Banking fraud subdues risk-taking appetite, equities close lower

The recent turbulent developments in the country's banking sector kept investors' risk-taking appetite low, leading the key Indian equity indices to close in the negative territory for the fourth consecutive trade session on Monday.According to market observers,...

19-Feb-2018 Chennai

15 'Samsung Smart Healthcare' centres launched in Tamil Nadu

To provide affordable yet quality healthcare to patients from the lower strata of society, Samsung India and the Tamil Nadu government on Monday launched 15 "Samsung Smart Healthcare" centres in the state.Chief Minister K. Palaniswami formally launched...

19-Feb-2018 Mumbai

Share price of Gitanjali Gems hit lower circuit, PNB slips over 7%

Shares of Gitanjali Gems extended losses for the fourth consecutive session on Monday -- plunging almost 10 per cent to its lower circuit level at Rs 33.80 per scrip -- while those of Punjab National Bank (PNB) slipped over 7 per cent.On a closing basis, PNB's...

19-Feb-2018 New Delhi

'Saheb's' silence betrays his loyalty : Rahul Gandhi

Continuing his attack on Prime Minister Narendra Modi over banking frauds, Congress president Rahul Gandhi on Monday said that "saheb's" (an allusion to Prime Minister Modi) silence over the scams betrays which side his loyalty lies.The Congress president took...

19-Feb-2018 New Delhi

Ficci joins chorus for privatising state-run banks

Noting that recapitalisation of state-run banks over the last decade has had little impact on improving their health, industry chamber Ficci on Monday called for their privatisation in the interest of creating "a dynamic banking sector" in the country.The Federation...

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