PNB fraud in Supreme Court: Bench led by Chief Justice Dipak Misra to hear plea for probe into Nirav Modi scam on Feb 23

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The Supreme Court agreed to hear a PIL for an independent inquiry to the Rs 11,400 crore PNB scam on Tuesday. Bench led by Chief Justice of India Dipak Misra will hear the Public Interest Litigation on February 23. The PIL has been filed by lawyer Vineet Dhanda. Hit by the massive banking fraud i...

India test fires medium range nuclear capable Agni-II missile

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India today test-fired its medium range nuclear capable Agni-II missile with a strike range of 2,000 km from Abdul Kalam Island off Odisha coast, Defence sources said. The trial of the surface-to-surface missile was conducted from a mobile launcher at the Launch Complex-4 of the Integrated Test R...

CBI refuses to disclose expenses incurred to bring back Vijay Mallya, Lalit Modi

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NEW DELHI: The CBI has refused to share details of expenses incurred to bring back to India fugitive businessmen Lalit Modi and Vijay Mallya, claiming immunity from disclosures under the RTI Act. Pune-based activist Vihar Dhurve had approached the agency seeking details of expenses incurred by th...

PNB scam: Special court remands all three accused to CBI custody till Mar 3

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The Central Bureau of Investigation (CBI) has arrested a former and a current employee of Punjab National Bank (PNB) and one executive of the Nirav Modi group of companies in connection with a Rs 114 billion fraud at the bank. A special court on Saturday remanded all three accused to CBI custody ...

South Korea propose idea of co-hosting 2021 Asian Games with North in bid to strengthen inter-Korean ties

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Pyeongchang: A South Korean province is considering a proposal to co-host the 2021 Asian Winter Games with North Korea in a bid to strengthen inter-Korean ties, South Korea’s Yonhap News Agency said on Saturday, quoting provincial governor Choi Moon-soon. Gangwon province, host for the current 20...

Modi inaugurates new BJP headquarters in Delhi

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New Delhi: Prime Minister Narendra Modi will inaugurate the new BJP headquarters, a multi-storeyed modern construction fitted with latest communication technologies, on Sunday in the presence of top party leaders, including its president Amit Shah. The new party office is located at Deen Dayal Up...

Another Nirav Modi in making? Rotomac Pen's Rs 8 bn defaulter flees country

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Read more about Another Nirav Modi in making? Rotomac Pen's Rs 8 bn defaulter flees country on Business Standard. Kothari took loan of Rs. 3.52 billion from Kanpur branch of Allahabad Bank and Rs. 4.85 billion from three other banks: Bank of Baroda, Indian Overseas Bank, and Union Bank of India

Cauvery dispute: Apex court to deliver final verdict today

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The Supreme Court will on Friday deliver its judgement on civil appeals filed by Karnataka, Tamil Nadu and Kerala against the final decision of the Cauvery Water Dispute Tribunal 2007. A three-judge bench of Chief Justice Dipak Misra and Justices Amitava Roy and A M Khanwilkar would pronounce the...

China protests PM Narendra Modi’s visit to Arunachal Pradesh

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Chinese Foreign Ministry spokesperson Geng Shuang said that China and India had reached important consensus on properly managing disputes, and the two sides were working to resolve the territorial disputes through negotiation and consultation. (AP Photo/File) China on Thursday voiced its “firm op...