P Chidambaram arrested, INX Media Case Highlights: A Delhi Special Court Thursday granted the CBI 5-day custody of Congress leader P Chidambaram, who has been arrested in the INX Media case.
Prime Minister Narendra Modi on June 15 announced the formation of a high-powered committee that would work on structural reforms in agriculture.
The committee, which will also include some state chief ministers, will take a holistic approach on the subject, including allied activities, an official statement said.
The new Rs 20 banknote has a motif of Ellora Caves on the reverse.
It also contains a portrait of Mahatma Gandhi at the centre, with micro letters ‘RBI’, ‘BHARAT’ (in Hindi), ‘INDIA’ and ’20’
India will remain to be the fastest-growing economy this year clocking a growth rate of 7.2 per cent in 2019-20, despite risks of a global slowdown, financial markets and crude price volatility, according to the Reserve Bank of India governor Shaktikanta Das.
He called for greater co-operation among emerging market economies on all fronts which will help them be better off in this uncertain environment.
Beleaguered Indian airline Jet Airways has suspended all international operations amid its continued financial struggles. The suspension is currently planned until Monday when airline officials will be meeting with lenders to attempt to secure more funding.
Fugitive diamond merchant Nirav Modi, wanted in India on fraud and money laundering charges amounting to USD 2 billion, spent Holi behind bars in one of England’s most overcrowded jails on Thursday, a day after a UK judge rejected his bail application.
Hours after US President Donald Trump announced his decision to end preferential trade treatment for India, the government today said that the move will not have a “significant impact”. India currently enjoys duty-free entry for upto $5.6 billion worth of its exports to the US, under what is known as the Generalised System of Preferences or GSP.
On the basis of a complaint by one of its Directors Anil Sutar, Intellicity Business Park Pvt. Ltd is likely to soon face the ministry of corporate affairs (MCA) probe as the builder company is alleged to have siphoned off funds. The ministry has started a preliminary investigation into the builder’s books. The report is expected soon.
Saudi Crown Prince Mohammed bin Salman arrived in China on Thursday on the latest stop of a sweep through Asia that aims to expand the kingdom’s influence on the continent.
Prince Mohammed touched down in the morning following earlier visits to India and Pakistan.
The Supreme Court bench of Justices R F Nariman and Vineet Saran has held Anil Ambani, Chairman of Reliance Communications, guilty of contempt of court for defaulting payments to Ericsson as per the undertaking given to the Court.