It will not help recover NPAs: unions The government’s ambitious plan to merge three public sector banks — Bank of Baroda, Vijaya Bank and Dena Bank — could take at least one year to complete, banking industry officials said. The proposal to merge these banks, seen as long overdue, is …
Read More »Monthly Archives: September 2018
Russia gives ‘proof’ of Ukraine downing MH17
‘Missile was given during the Soviet era’ Russia’s Defence Ministry on Monday said that it was releasing fresh information to back its claim that the missile that downed a Malaysia Airlines flight over war-torn Ukraine in 2014 was fired by Kiev’s forces. At a briefing, the Ministry said it was …
Read More »IMF warns U.K. against ‘no-deal’ Brexit
Britain’s economy would suffer “substantial costs” should it leave the European Union in March with no divorce agreement, the International Monetary Fund warned on Monday. Brussels and London have failed to resolve “fundamental” aspects of Brexit and this could leave London defaulting to World Trade Organization (WTO) tariffs, the IMF …
Read More »‘Decision on tariffs will be announced soon’
Trump not satisfied with talks: official China’s Foreign Ministry said on Monday that it would strike back at the U.S. if Washington moved forward with new tariffs on $200 billion of its exports. “If the U.S. launches any new tariff measures, China will have to take countermeasures to firmly ensure …
Read More »Kim, in a nod to Pak., works to normalise nuclear status
For seven years, Kim Jong-un has pursued an in-your-face strategy for building his nuclear arsenal: detonating blasts underground and firing missiles into the sky, all to send the message that his country’s nuclear build-up is irreversible. Now, he appears to be changing his approach, current and former U.S. intelligence officials …
Read More »Bloomberg may run for President as a Democrat
Ex-independent Mayor of NY says he now believes only a major-party nominee can win White House Michael Bloomberg is actively considering a campaign for President as a Democrat in 2020, concluding that it would be his only path to the White House even as he voices stark disagreements with progressives …
Read More »‘No preferential deal for EU citizens’
British PM May says EU and non-EU nationals will have the same immigration rights after Brexit EU and non-EU citizens, including those from India and Australia, could have the same immigration rights after Brexit, British Prime Minister Theresa May indicated on Monday. Asked whether the EU would get a preferential …
Read More »SC to hear plea seeking ban on 85 pesticides
Petition also seeks to empower State governments to take decisions on prohibition of these deadly poisons The Supreme Court on Monday agreed to examine a plea seeking ban on nearly 85 pesticides that are being used in India on the grounds that they pose health hazard. A Bench of Justices …
Read More »Ministry clarifies on nutrition guidelines
In response to the report titled ‘Maneka Gandhi bypassed, nutrition norms cleared’ (September 09, 2018), the Ministry of Women and Child Development has issued the following clarification: “The finalisation of Supplementary Nutrition Guidelines is still under the consideration and no final decision has been taken yet. There is no difference …
Read More »Modi-Ghani talks to focus on security
Afghan President will arrive tomorrow Afghanistan President Ashraf Ghani will visit New Delhi this week to meet Prime Minister Narendra Modi to discuss bilateral ties as well as the regional security situation, officials in Delhi and Kabul confirmed. Mr. Ghani will land in Delhi on Wednesday, and meet Mr. Modi …
Read More »CJI warns against ‘cooked up’ evidence
The five persons under house arrest are poet Varavara Rao, lawyer Sudha Bhardwaj, and activists Arun Ferreira, Vernon Gonsalves and Gautam Navlakha. As for the quashing of the cases against them, the Chief Justice, at one point, suggested they (accused) could continue their efforts in the competent lower courts. The …
Read More »SC allows sale of Saridon, 3 other drugs
They were banned by Health Ministry Popular painkiller Saridon will be available in medical stores across the country, with the Supreme Court on Monday allowing the sale of the drug and three other banned fixed dose combinations (FDCs). A Bench of Justices R.F. Nariman and Indu Malhotra issued notice to …
Read More »To Sri Lanka, with love for an old jumbo still in chains
Petitioners, including Maneka Gandhi, seek better care for Bandula A campaign for the freedom of an old and feeble elephant chained in Colombo’s Dehiwala Zoo for the past 66 years has garnered support from New Delhi. Union Minister Maneka Gandhi, who is known for her activism for animal rights, has …
Read More »Rajiv case: SC to hear kin of victims
Sixteen died and many sustained grievous injuries in the 1991 suicide attack The Supreme Court on Monday decided to hear families of the victims of the bomb blast which killed former Prime Minister Rajiv Gandhi at Sriperumbudur in 1991, and gave them permission to file additional documents. Sixteen died and …
Read More »AAPSU to carry out survey for lineage Bill
There should be a set of rules so that our indigenous rights are protected, says a student leader Less than two months after a Meghalaya tribal council tabled a bill to strip a Khasi woman married to a non-Khasi man of her tribal status, an apex students’ body in Arunachal …
Read More »India’s first woman IAS officer dead
Anna Rajam Malhotra, 91, joined civil services in 1951 and opted for the Madras cadre India’s first woman IAS officer after Independence, Anna Rajam Malhotra, who served in the Madras State under then Chief Minister C. Rajagopalachari and at the Central government, died in Mumbai on Monday. She was 91. …
Read More »Chinese intrusions declined by 10% this year, says official
There has been a 10% decline in the number of Chinese transgressions this year, a senior government official told The Hindu The official said the presence of Chinese troops along the Line of Actual Control (LAC) has also reduced by around 30%. The manpower has been substituted with powerful surveillance …
Read More »Pak. urged to create milieu for talks
MoS V.K. Singh responds to Islamabad’s Foreign Minister’s comments during Kabul visit India on Monday urged Pakistan to create a ‘conducive’ environment for restarting dialogue. The Indian response came from the Minister of State for External Affairs V. K. Singh, days after Pakistan’s new Foreign Minister spoke about holding talks …
Read More »No odd-even rule for two-wheelers: SC
In a relief for the nearly 70 lakh two-wheeler riders in Delhi, the Supreme Court on Monday stayed a National Green Tribunal order making the odd-even vehicle rotation scheme applicable to all, including scooters and motorbikes. A Bench led by Justice Madan B. Lokur also exempted women driving four-wheelers from …
Read More »Merger of BoB, Vijaya & Dena banks proposed
The Centre on Monday proposed the amalgamation of state-owned Bank of Baroda, Dena Bank and Vijaya Bank to create India’s third-largest bank. The decision was taken at the meeting of a ministerial panel, headed by Finance Minister Arun Jaitley, which oversees merger proposals of state-owned banks. The other members of …
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