Month: September 2023

Putin says Trump prosecution shows ‘rottenness’ of U.S. politics

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Putin says Trump prosecution shows ‘rottenness’ of U.S. politics

Russian President Vladimir Putin said the idea that Donald Trump had special ties with Russia was “complete nonsense”. | Photo Credit: AP Russian President Vladimir Putin said on September 12 that the prosecution of former U.S. President Donald Trump was politically motivated and demonstrated the “rottenness” of the U.S. political system. Mr. Trump, the front-runner…

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World

Courts Must Refrain From Delving Into RBI’s Monetary Framework: High Court

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Courts Must Refrain From Delving Into RBI’s Monetary Framework: High Court

The court held that it cannot rely on “half-baked information” to direct a probe into RBI. (File) Mumbai: The Reserve Bank of India (RBI) plays an important role in shaping the country’s economy, and courts should refrain from delving into the monetary regulatory framework, the Bombay High Court said while dismissing a petition alleging wrongdoing…

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Nation

AAP’s Raghav Chadha On DMK Leader’s ‘Sanatana’ Remark

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AAP’s Raghav Chadha On DMK Leader’s ‘Sanatana’ Remark

The BJP has been attacking the INDIA alliance over the issue. New Delhi: AAP leader Raghav Chadha on Tuesday condemned DMK leader Udayanidhi Stalin’s remark on Sanatana Dharma but said statements made by some “small” leader from any party cannot be considered the official stand of the INDIA bloc. “I am from Sanatana Dharma. I…

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Nation

RBI Issues Revised Classification Valuation Guidelines For Investment Portfolio Of commercial banks

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RBI Issues Revised Classification Valuation Guidelines For Investment Portfolio Of commercial banks

The RBI said the revised guidelines for banks will be effective from April 1, 2024 (File) New Delhi: The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024. Banks will have to categorise investments into three…

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Business

Industrial Production Growth Rises To 5-Month High Of 5.7% In July

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Industrial Production Growth Rises To 5-Month High Of 5.7% In July

New Delhi: India’s industrial production growth rose to a five-month high of 5.7 per cent in July, mainly due to good showing by the manufacturing, mining and power sectors, according to the official data released on Tuesday. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 2.2 per…

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Business

At least 700 killed in devastating floods in Libya; 10,000 reported missing

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At least 700 killed in devastating floods in Libya; 10,000 reported missing

Libya’s eastern city of Derna has buried 700 people killed in devastating flooding and 10,000 were reported missing as rescuer teams struggled to retrieve many more bodies from the horrific deluge, officials said on September 12. Mediterranean storm Daniel on Sunday night caused havoc and flash flooding in many towns in eastern Libya but the…

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World