Bill discount scam: Rs 14.5-cr properties of Gujarat firm attached

Bill discount scam: Rs 14.5-cr properties of Gujarat firm attached

The Enforcement Directorate (ED) has attached properties worth Rs 14.5 crore of Gujarat-based textile export firm ABC Cotspin Pvt Ltd for defrauding two banks of Rs 804.49 crore by availing bill discount facilities in 2014-15 against Letters of Credit (LCs), an official said on Friday. The agency attached two immovable properties — one at Regent […]

Delhi may face blackout due to coal shortage: Minister

Delhi may face blackout due to coal shortage: Minister

Delhi and the National Capital Region (NCR) may face a blackout as power plants in the region do not have reserve coal for “more than one day”, Delhi Power Minister Satyendar Jain said on Friday. He slammed Union Coal Minister Piyush Goyal for the shortage. Addressing the media here, Jain said he had written to […]

CBSE to declare class 12 results on Saturday

CBSE to declare class 12 results on Saturday

Class 12 exam results of the Central Board of Secondary Education (CBSE) will be announced on Saturday, an official said. “CBSE Class 12 results for Academic Session 2017-18 to be declared on May 26,” School Education Secretary Anil Swarup said in a tweet. The date for releasing the Class 10 results is yet to be […]

SP-BSP alliance will be challenge for BJP: Amit Shah

SP-BSP alliance will be challenge for BJP: Amit Shah

BJP President Amit Shah on Friday admitted that an alliance between the BSP and SP in Uttar Pradesh will be a challenge for the BJP in 2019 but asserted that the BJP will defeat the Congress either in Amethi or Rae Bareli. “If the BSP and SP contest in alliance, it would be a challenge […]

Want international support to press for Rohingyas’ return: Hasina

Want international support to press for Rohingyas’ return: Hasina

Bangladesh Prime Minister Sheikh Hasina on Friday sought cooperation from the international community to mount pressure on the Myanmar government to take back close to 1.1 million Rohingya refugees sheltered in her country. “I want everybody’s cooperation, so that there is pressure on Myanmar government to take them back fast,” Hasina said after inaugurating the […]

Can’t win unless you have a counter-narrative in Kashmir

Can’t win unless you have a counter-narrative in Kashmir

Home-grown militancy is a greater threat than cross-border terrorism in Jammu and Kashmir and only a stronger counter-narrative to jihadi radicalism can defeat it, says a retired three-star general of the Indian Army who has served in the violence-battered state. Lt. Gen. Syed Ata Hasnain, who commanded the Srinagar-based 15 Corps that serves as the […]

Major Gogoi to face Court of Inquiry

Major Gogoi to face Court of Inquiry

The army on Friday ordered a Court of Inquiry against Major L. Gogoi who was detained along with a local girl by police for questioning from a hotel here this week. “Army has ordered a Court of Inquiry against Major Gogoi of 53 Rashtriya Rifles regarding an incident that occurred on May 23. “If found […]

Kumaraswamy takes oath as non-BJP opposition puts up unity show

Kumaraswamy takes oath as non-BJP opposition puts up unity show

H.D. Kumaraswamy was on Wednesday sworn in as the 25th Chief Minister of Karnataka at the head of a JD-S-Congress coalition government here in a ceremony that brought together leaders of anti-BJP parties on a single platform exactly a year ahead of the 2019 Lok Sabha elections. The event showcased rare scenes of bonhomie between […]

Global cues, value buying lift equity indices

Global cues, value buying lift equity indices

Broadly positive Asian markets, along with value buying lifted the key Indian equity indices during the morning trade session on Thursday. According to market observers, healthy buying was witnessed in IT, capital goods, consumer durables and banking stocks. Around 9.25 a.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,468.05 points — […]