Photostream: News Digest: PNB ratings under watch, says Crisil

Sunday, February 18, 2018

Today's Headlines

PNB ratings under watch, says Crisil
A notice to the stock exchanges by PNB detailed that it had outstanding debt papers aggregating a little over Rs 22,200 crore. All these papers have been put under ratings watch and hence could be affected by a downgrade.

CVC summons top officials of finance ministry, PNB for explanation
A top CVC official confirmed that senior officials of PNB, including its chief vigilance officer, and the finance ministry would be asked explain why such irregularities went undetected for so long. Asenior PNB executive said: "The CVC meeting is routine; the issue of fraud may be discussed."

Time to study PSU bank privatisation: Chief economic advisor
"We need to recognise how much stress there is in the banking system. Bank of Baroda closed down its South Africa operations and now PNB is facing problems," CEA Arvind Subramanian , addressing the Madras Management Association.

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Business

Buying a property? Know the GST rates first

Indian banks may take more than $3 bn hit from PNB fraud: Tax department
As of March 2017, banks had extended loans and guarantees worth Rs 11,400 crore to companies tied to billionaire jeweller Nirav Modi and his uncle Mehul Choksi, the tax department said in a note seen by news agency Reuters.

China vows to protect interests as US eyes trade sanctions
The US Commerce Department on Friday recommended imposing heavy tariffs on China and other countries to counter a global glut in steel and aluminum, laying out an array of possible options in a report to President Donald Trump.

More Business News»

Environment

Chinese giant pandas unveiled to public in Finland
Two giant pandas on loan from China have been unveiled at a zoo in central Finland and they have frolicked, galloped, climbed trees and played in the snow after a month-long quarantine.

100,000 orangutans killed in Borneo

Borneo orangutans dying off as forests are lost: Study

More Environment News»

World

Mexico helicopter crash kills 13 on ground in wake of earthquake

Iranian president pledges to stick to nuclear deal commitments

Pope revives lapsed sex abuse commission
Pope Francis revived his lapsed sex abuse advisory commission by naming new members on Saturday, after coming under fire for his overall handling of the scandal and his support for a Chilean bishop accused by victims of witnessing and ignoring their abuse.

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Entertainment

Ajay Devgn and Kajol spotted with kids
Ajay Devgn and wife Kajol were spotted leaving a suburban restaurant on Saturday after lunch along with kids Nysa and Yug.

Kareena parties the night away with her BFFs
Despite her tight schedule, she does make some time to have a blast with her near and dear ones.

Rishi predicts 'huge stardom' for Priya Varrier
Veteran actor Rishi Kapoor is impressed by the 'expressive' and 'innocent' Priya Prakash Varrier. He has predicted a bright future for the 18-year-old, who became an internet sensation with a wink and a shy but mischievous smile in a music video.

More Entertainment News»

Science

Elevated dopamine levels can cause hallucinations: Study

Scientists find link between chronic pain and diet change

Short kids may be at higher risk of stroke

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Sports

Yadav-Chahal key to India's success in overseas conditions: Tendulkar
Sachin is confident that Kuldeep Yadav and Yuzvendra Chahal will play a major role in India's performance in overseas conditions as the cricket world is "yet to figure out" a method to counter the two young wrist spinners.

Goffin out after ball hits eye, Dimitrov in Rotterdam final
Grigor Dimitrov moved into the final of the Rotterdam Open on Saturday as David Goffin was forced to retire after he was hit in the eye by a ball which bounced off his own racquet.

ODI series loss was a reality check for South Africa: Duminy
Stand-in T20 skipper JP Duminy said the 1-5 ODI series loss was a reality check for South Africa and the hosts would rely on fresh faces and an "aggressive mindset" in the new format to counter rampaging India in the three-match T20I series.

More Sports News»

Technology

City Union loses $2 million in cyberattack, retrieves half
The ministry of external affairs and consulates in the respective countries have been alerted. The bank is hopeful of getting all the money back, Kamakodi said.

BSNL to launch 4G services in Arunachal soon
BSNL has already started a number of wi fi hotspots in the border state of Arunachal Pradesh and would launch 4G services shortly, according to senior telecom officials.

Reliance Jio is offering Rs 2,200 cashback on these smartphones

More Technology News»

Education

Fee issue: Telangana to avail services of government colleges and teachers

Now, Kanpur varsity exams to be held under CCTV watch
In a first, over nine lakh students enrolled with CSJM (Kanpur) University and its affiliated colleges spread in 14 districts will write the annual exams beginning on March 6 under CCTV watch to check copying.

CHARUSAT to start IoT excellence centre in collaboration with Poland
Charotar University of Science and Technology (CHARUSAT) will start a centre of excellence on 'Internet of Things (IoT)' in collaboration with the Polish Academy of Sciences, Poland at its Changa-based campus in Anand district.

More Education News»

Mumbai

State government paves way for privatisation of co-op mills
In a bid to script a turnaround of cooperative spinning mills and powerloom societies, the state government has decided to allow them to go in for privatisation.

Corporates offer flexi hours to ease staff's commute woes
With technology blurring the boundaries between work and life, the concept of work hours is passé. This has helped organizations accelerate business growth while extending empathy towards employees with flexi-work options. One of the major challenges of working in Mumbai is commuting during peak hours. Putting their lives at risk, a large majority of Mumbaikars travel in overcrowded suburban trains to reach their place of work. Flexi-work hours adopted by some progressive organizations have helped them manage their office schedules with ease.

Magnetic Maharashtra starts today, 200 CEOs to attend
More than 47 Global Chief Executive Officers and 165 CEOs of leading firms in India will participate in the first ever three-day Magnetic Maharashtra: Convergence 2018 summit beginning on Sunday at the BKC grounds.

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Delhi

DND snatchers held after firing at cops
Two men were arrested after they fired at cops at a picket in Mayur Vihar Phase I on Friday night. Soon, it was found that they were part of the armed robbers' gang targeting bikers around DND Flyway in the past one week. On their tipoff, two more were arrested.

Purana Qila's visitor-friendly avatar
The iconic Purana Qila may be located on an arterial road, but the footfall at the monument is way below that of world heritage sites. Now, a comprehensive redevelopment plan has been prepared to awaken public interest.

9-year-old lost boy reunited with family
A nine-year-old boy, who had boarded a bus from RK Puram and lost his way, was re-united with his family members after a passenger found him crying and reported the matter to the police.

More Delhi News»

Bangalore

New e-taxi service for corporate firms launched in Bengaluru

Bengaluru: Hire a cycle in Sanjay Nagar for Rs 2 per hour

Starting Monday, only women can use first 2 doors of Metro during peak hours

More Bangalore News»

Hyderabad

Fee issue: Telangana to avail services of government colleges and teachers

Sudden rush for Model Schools post campaigning
Awareness programmes taken up by the Telangana Model Schools seem to have paid off with the institutions collectively getting nearly 80,000 applications - for entrance test - in less than two weeks time.

Low tech road gives hi-tech Nanakramguda a rough ride

More Hyderabad News»

Chennai

3, including 2 accused of murder, arrested for city techie mugging
Four days after a woman software engineer was pulled off her bike, attacked and robbed, police on Saturday arrested three men for the crime.

Cauvery verdict: Tamil Nadu, Karnataka CMs unhappy
on Saturday said Karnataka would oppose setting up of the Cauvery management board as stipulated by the Supreme Court.Meanwhile, Tamil Nadu chief minister .

Minister denies connection between AIADMK, PM Modi
Ever since his revolt in February last, against the domination of V K Sasikala family, and launch of his 'dharmayudh', OPS along with his supporters got to meet Modi at will.

More Chennai News»

Ahmedabad

Gujarat's water sources choked, shortage floods Narmada land

Gujarat likely to hike excise duty on liquor by 50% to 100%

Self-immolation by Dalit activist for land rights triggers unrest
Sensing emotions turning volatile, state government swung into action and accepted the demand to give possession of land to landless Dalits.

More Ahmedabad News»

Allahabad

Sangam city gets Rs 1,500 crore for Kumbh
The state government has allocated Rs 1,500 crores for holding Kumbh in 2019.UP finance minister Rajesh Agarwal declared this while presenting the Yogi government's second annual Budget in the Assembly on Friday.

Ghaziabad school death: Chairman, principal charged

Ahead of exam time, kids lend an ear to PM's Mann ki Baat
When prime minister Narendra Modi interacted with students of Delhi schools on Friday, students of various CBSE schools, including all the Kendriya Vidyalayas of the city, were listening in.

More Allahabad News»

Bhubaneswar

Parents demand Odisha govt to form fee regulatory committee for private schools
With parents of different private schools in the city coming out to streets opposing the exorbitant hike of fees, All Odisha Parents' Association on Saturday demanded the state government to form a regulatory board to monitor the private schools.

Over 40,000 agitating teachers and employees boycott board exams in Odisha
In the wake of the absence of around 40,000 teachers and employees of unaided schools and colleges who are on strike the state government may face problem in smooth conduct of the ensuing annual matric and plus two exams.

Odisha government appoints five new IPS officers as SDPO

More Bhubaneswar News»

Bhopal

Students' thumbs-down to 'poor' quality mobile leaves govt red-faced

ED seizes Rs 2 cr jewellery from Bhopal showroom in PNB probe

BU convocation to be an ethnic affair

More Bhopal News»

Chandigarh

City industrialists to go solar

HSLSA organizes legal literacy mission to educate students
Haryana State Legal Services Authority (HSLSA) in collaboration with Haryana education department organized 8th annual function of students' legal literacy mission on Saturday at Kurukshetra. This mission is conceived with an object of preparing the next generation for challenges of tomorrow.

Twin brother-sister duo from Jammu wins Army's photography competition

More Chandigarh News»