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20 seconds ago
Consumers against extra GST on discounted MRP by e-commerce sites: Poll

New Delhi, Feb 17 (IANS) A majority of consumers surveyed for a poll have raised concerns over addition of GST on discounted prices of products being sold by e-commerce sites and retail stores, and urged the government to end the unfair practice. According to Local Circles, a social engagement platform, as the sellers are charging Goods and Services tax (GST) on discounted MRP, it does n...

59 seconds ago
JD-S holds rally near Bengaluru ahead of Assembly poll

Bengaluru, Feb 17 (IANS) The Janata Dal-Secular (JD-S) on Saturday held a rally on the city's outskirts ahead of the Karnataka Assembly elections in late April or early May and accused both the Congress and BJP of failure to serve the state's people. JD-S supremo and former Prime Minister H.D. Deve Gowda, party Working President and former Chief Minister H.D. Kumaraswamy and Bahujan Sama...

10 seconds ago
Courts can examine reasonableness of bank interest rate on rural loans: SC

New Delhi, Feb 17 (IANS) The Supreme Court has said that provision of the Banking Regulation Act, 1949, that prohibits courts from examining the reasonableness of rate of interests charged by banks, will not operate in states with debt relief laws for agriculturists. Section 21A of the Act says that the rates of interest charged by banking companies will not be subject to scrutiny by cou...

19 seconds ago
Congress to discuss PNB scam with other parties for JPC probe

New Delhi, Feb 17 (IANS) The Congress on Saturday said it will raise the PNB scam in Parliament vociferously and speak to various opposition parties to put pressure on the government to set up a Joint Parliamentary Committee to probe the matter. The Congress, in the interest of the people of the country, will speak to all like- minded parties in Parliament. We will show them documentary ...

48 seconds ago
PM should 'break silence' on PNB scam: Congress

New Delhi, Feb 17 (IANS) The Congress on Saturday described the PNB scam a complete failure of regulatory mechanism and fraud detection ability of the banking sector and demanded Prime Minister Narendra Modi break his silence on India's biggest bank scam. The Congress calls upon the Prime Minister to apprise the nation of complete facts about the biggest bank scam instead of remaining a ...

17 seconds ago
21 more PNB fraud-related raids, property worth Rs 5,674 cr seized so far: ED

New Delhi, Feb 17 (IANS) The Enforcement Directorate (ED) on Saturday conducted raids at 21 more places across India and seized assets worth Rs 25 crore in connection with the multi-crore Punjab National Bank (PNB) scam, an official said. The ED conducted further searches at 21 locations across India in the Nirav Modi case and seized diamonds, gold, precious stones and jewellery worth Rs...

11 seconds ago
India, Iran sign connectivity, double taxation avoidance agreements

New Delhi, Feb 17 (IANS) India and Iran on Saturday signed nine agreements, including on connectivity and double taxation avoidance, following delegation-level talks led by Prime Minister Narendra Modi and Iranian President Hassan Rouhani here. A lease contract was signed between Port and Maritime Organisation (PMO), Iran, and India Ports Global Limited (IPGL) that envisages IPGL taking ...

22 seconds ago
Delhi Govt issues guidelines for free treatment of accident victims

New Delhi, Feb 17 (IANS) The Delhi government has issued guidelines for free and mandatory treatment for victims of accidents, acid burns, and fires in all city hospitals, Health Minister Satyendar Jain said here on Saturday. The cost of the scheme, which was passed by the cabinet in December and later approved by Lt. Governor Anil Baijal in the same month, would be borne by the Delhi go...

6 seconds ago
Rahul attacks Modi government over 'jobless growth'

New Delhi, Feb 17 (IANS) Congress President Rahul Gandhi on Saturday attacked the Modi government and said that Indias jobless growth and not empowering farmers and farm labourers is not an option any longer. He was addressing members of the Congress Steering Committee here. Rahulji says India's jobless growth and not empowering farmers and farm labourers is not an option any lo...

33 seconds ago
Intesa Sanpaolo SPA only foreign bank to be affected by PNB fraud

New Delhi, Feb 17 (IANS) The only foreign bank affected in Nirav Modi/Mehul Choksi fraud case turns out to be Intesa Sanpaolo SPA whose Hong Kong branch was called upon to provide money to Gitanjali Gems against a foreign letter of credi (FLC) issued by the Punjab National Bank (PNB). The amount raised through the Hong Kong branch of the Italy-based bank by the Gitanjali group company he...

9 seconds ago
Canadian PM arrives on India visit

New Delhi, Feb 17 (IANS) Canadian Prime Minister Justin Trudeau arrived here on Saturday on an eight-day visit at the invitation of his Indian counterpart, Narendra Modi. Strategic partnership underpinned by shared values of democracy and pluralism! Namaste to the Right Honorable @JustinTrudeau, Prime Minister of Canada as he arrives on the state visit to India from 17-24 February, 2018,...

19 seconds ago
Congress plenary in Delhi from March 16-18

New Delhi, Feb 17 (IANS) A plenary session of the Congress will be held here from March 16 to 18, wherein it is likely to ratify Rahul Gandhi's elevation as party President and pave the way for selection of new members of the Congress Working Committee (CWC). This was decided by the 34-member Steering Committee of the Congress, which was constituted by Rahul Gandhi on Friday after dissol...

26 seconds ago
PM should explain how the PNB scam took place under his watch: Rahul

New Delhi, Feb 17 (IANS) Congress President Rahul Gandhi on Saturday sought to bring Prime Minister Narendra Modi in the line of fire on the PNB banking scam saying he should explain how Rs.22,000 crore was taken away from the country's banking system by jeweller Nirav Modi, the main accused, after the demonetisation. He said 90 per cent of the scam took place during the NDA regime and w...

6 seconds ago
21 more PNB fraud-related raids, property worth Rs 5,674 seized so far, says ED

New Delhi, Feb 17 (IANS) The Enforcement Directorate (ED) on Saturday conducted raids at 21 places across India and seized assets worth Rs 25 crore in connection with the multi-crore Punjab National Bank (PNB) scam, an official said. The ED conducted further searches at 21 locations across India in the Nirav Modi case and seized diamonds, gold, precious stones, and jewellery worth Rs 25 ...

16 seconds ago
Automobile beauties grace Delhi roads at vintage car rally

New Delhi, Feb 17 (IANS) From a 1903 Humberette owned by Abbas Jasdanwalla from Mumbai to an array of Rolls Royce's, including the 1908 Silver Ghost, the 1930 Phantom II, the 1938 Phantom III and the 1965 Silver Cloud III, the 8th edition of The 21 Gun Salute International Vintage Car Rally and Concours Show 2018 showcased the most beautiful creations from from the world of automobiles. ...

34 seconds ago
Did PNB fraud continue after retirement of so-called 'main culprit'?

New Delhi Feb 17 (IANS) Did the fraud at Punjab National Bank (PNB) continue even after the main culprit, named by the bank, retired? It would seem so from the details provided by PNB to the investigative agency on the basis of which the Central Bureau of Investigation (CBI) filed two first information reports -- one against three companies of Nirav Modi and the other against the Gitanja...

58 seconds ago
India, Iran sign nine agreements, agree to stop terror forces

New Delhi, Feb 17 (IANS) India and Iran on Saturday pledged to stop the forces of terrorism and extremism, delinking it from religion and agreed that there should be an end to terror sanctuaries even as the two countries broad-based their relationship by signing nine agreements, including one on connectivity relating to the strategic Chabahar port. Reflecting the deepening of ties betwee...

23 seconds ago
ED attaches Rs 115-crore land of Chennai developer

Chennai/New Delhi, Feb 17 (IANS) The Enforcement Directorate (ED) has attached land worth Rs 115 crore of VGN Developers in Chennai in a case of bank fraud while purchasing the land in 2013, an official said on Saturday. The agency attached 10.46 acre under-construction land in Guindy, near Chennai, under the Prevention of Money Laundering Act (PMLA) in the State Bank of India (SBI) frau...

18 seconds ago
Sitharaman questions Rahul's presence at Gitanjali Jewels event

New Delhi, Feb 17 (IANS) Countering the Congress' charge that the multi-crore bank fraud took place under the BJP government, Defence Minister Nirmala Sitharaman on Saturday said that Rahul Gandhi was present at a promotional event of Gitanjali Jewels and that the fraud took place during the UPA regime. The Bharatiya Janata Party (BJP) underlined that Congress President Rahul Gandhi part...

53 seconds ago
Singhvi rubbishes BJP's allegations, warns of legal action

New Delhi, Feb 17 (IANS) Rubbishing accusations that he and his family had links with Nirav Modi's companies, Congress leader Abhishek Manu Singhvi on Saturday said Defence Minister Nirmala Sitharaman was liable to civil and criminal defamation. The Congress leader said he reserved the right to take appropriate legal action against Sitharaman and a section of the media which carry such f...

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