New Delhi, May 24 (IANS) In response to widespread technical and payment-related issues faced by students during the CBSE post-result and re-evaluation process, Union Education Minister Dharmendra Pradhan on Sunday held discussions with Union Finance and Corporate Affairs Minister Nirmala Sitharaman to address the concerns and improve the system.Following the meeting, it was decided that four major public sector banks — State Bank of India, Bank of Baroda, Canara Bank and Indian Bank — will ex…
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Mumbai, May 11 (IANS) A Special CBI Court in Maharashtra’s Kolhapur on Monday sentenced a man to three years’ Rigorous Imprisonment (RI) for conniving with bank officials and taking a “second” new car loan of Rs 5 lakh for a vehicle he already possessed, an official said. Yasin K Shaikh was sentenced to Rigorous Imprisonment (RI) along with a fine of Rs 14,000 in a bank fraud case.The Central Bureau of Investigation (CBI) registered the case on December 29, 2011, based on a complaint…
Panaji, May 8 (IANS) The ED seized Rs 67.50 lakh in cash, incriminating documents, including property sale deeds, and digital devices during searches at six premises in Goa in connection with an over Rs 17 crore bank loan fraud, an official said on Friday. The Directorate of Enforcement (ED), Panaji Zonal Office, conducted search operations at the premises under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a bank fraud case involving Crown Mineral …
New Delhi, April 18 (IANS) The Supreme Court has enhanced the monthly maintenance payable to a woman from Rs 15,000 to Rs 25,000, holding that a husband’s financial commitments, such as loan repayments for asset creation, cannot take precedence over his statutory obligation to maintain his spouse. A bench of Justices Sanjay Karol and AG Masih passed the order while allowing an appeal filed by Deepa Joshi against her estranged husband, Gaurav Joshi, challenging the adequacy of maintenance fixed…
Mumbai, March 30 (IANS) Banking stocks came under heavy selling pressure on Monday, with the Bank Nifty index falling over 2 per cent in the early trade, as the Reserve Bank of India’s (RBI) recent measures aimed at supporting the rupee came into effect.All constituents of the Bank Nifty traded in the red, indicating broad-based weakness across the banking pack. The index declined as much as 2.65 per cent, or 1,386.45 points, to 50,888.15, hitting an intraday low around 10:45 a.m. It was tradi…
Nalanda, March 25 (IANS) The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME), a scheme launched in Covid-era to support ‘vocal for local’ mission is doing wonders in the food processing sector, particularly in the tier-II and tier-III towns. The PMFME beneficiaries are setting up their own enterprises, becoming self-dependent and also fuelling aspirations of fellow residents.In Bihar’s Silao district, Manjula Kumari has set a new example by raising a spice business on h…
New Delhi, March 20 (IANS) Reliance Group chairman Anil Ambani was interrogated by the CBI here for seven hours on Friday for the second day in a row in connection with the alleged Rs 2,929.05 crore SBI fraud case. The CBI had registered an FIR on August 21, 2025, following a complaint filed by SBI over allegations of fraud to the tune of Rs 2,929.05 crore on the public sector bank, in which Reliance Communications Limited, Anil D. Ambani and others, including unknown public servants, are accuse…
Jamshedpur, March 10 (IANS) In a daring daylight robbery, armed criminals looted around Rs 15 lakh from a branch of Canara Bank in the Sakra area of Baharagora in Jharkhand’s East Singhbhum district on Tuesday afternoon, officials said.According to police and bank officials, five to six masked criminals stormed into the bank around 2 p.m. on Tuesday. Brandishing country-made pistols and sharp weapons, criminals terrorised employees and customers for nearly 15 minutes before fleeing with cash a…
Navi Mumbai, March 6 (IANS) Ajay Mandal’s all-round show helped Canara Bank beat DY Patil Red by three runs in the semifinal of the 20th DY Patil T20 Cup at the DY Patil Stadium on Friday. Mandal’s impressive showing meant Canara Bank will take on Mumbai Customs in the final, after the latter sealed a five-wicket win over DY Patil Blue.Mandal anchored Canara Bank’s innings by hitting 46 as they posted 181/9 in 20 overs. DY Patil Red’s left-arm pacer Naman Tiwari (4-33) grabbed a hat-tric…
Navi Mumbai, March 5 (IANS) Teenage sensation Vaibhav Suryavanshi blazed 58 off just 19 balls to power DY Patil Blue into the semi-finals of the 20th DY Patil T20 Cup with a four-wicket win over Income Tax in the quarter-finals held at the DY Patil University ground. Suryavanshi struck four boundaries and six sixes as he provided the early impetus for DY Patil Blue to chase down Income Tax’s imposing total of 211/6 with an over to spare. Captain Shashank Singh also chipped in with seeing the tea…