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OnDecember 23, the Central Bureau of Investigation(CBI)arrested private lender ICICI Bank’s former Managing Director and Chief Executive Officer (MD &CEO)Chanda Kochhar along with her husband, Deepak Kochhar. This was in a case pertaining tofraudulentdisbursal of loansamounting to ₹1,875 crore between 2009-11to the Videocon group of companies, during her tenure at …

The border town of Belagavi has been a part of Karnataka since boundaries were demarcated along linguistic lines under theStatesReorganisationAct, 1956. But theinter-State border dispute between Karnataka and Maharashtra erupts every now and then.The decades-old dispute flared up again in 2022when Karnataka Chief Minister BasavarajBommaisaid the Karnataka government was considering …

India’s current account balance recorded a deficit of $36.4 billion (or a nine-year high of 4.4% of GDP) in the quarter ended September, rising from $18.2 billion (2.2%) in the previous quarter. Deficit for the year-earlier period came in at $9.7 billion (1.3%), according to data released by the Reserve …

The State Information Commission of Tamil Nadu has been the worst performing in responsiveness under the Right to Information Act, furnishing only 14% of the information sought. Maharashtra was the second worst, sharing 23% of the information asked for, according to a report card on the performance of Information Commissions …

Bank and cyber frauds in India are on the rise. According to data by the Reserve Bank of India, frauds have cost the country an estimated ₹100 crore a day over the last seven years. The frauds reported in 2021-22 were 23.69% higher than in the previous year (9,103 cases …

The conviction of former Maldivian President Abdulla Yameen by a criminal court in the Maldives just a year ahead of general elections could affect his plans to lead the PPM-PNC opposition alliance. He faces 11 years in prison and a $5 million fine after being found guilty of corruption and …

The State government has given administrative sanction for ₹52.83 crore towards the modernisation of the Tamil Nadu Forest Force for 2022-25. In the revised Budget Estimates (2021-22), the government had announced that special attention will be given to the forest force by providing it with modern equipment and technology, including …

Four Air Force aircraft — Sukhoi and Tejas combat jets and one AN-32 transport aircraft — on Thursday flew at a height of about 5 metres on the 4.1-km emergency landing runway (ELR) on the National Highway 16 at Pichukalagudipadu village in Bapatla district of Andhra Pradesh. However, the aircraft …

Wary of a rise in number of COVID-19 cases, the government has made negative RT-PCR reports a mandatory requirement for air travellers arriving from China, Japan, South Korea, Singapore and Thailand. In its latest guidelines for international travellers, the Health and Family Welfare Ministry has said a pre-departure test conducted …

The Election Commission (EC) on Thursday announced the development of a prototype of a multi-constituency remote electronic voting machine (RVM) to enable remote voting by migrant voters. The machines can handle multiple constituencies from one remote booth. The EC invited all recognised political parties — eight national and 57 State …