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Money laundering case: Delhi courts extends Robert Vadra’s interim bail till March 2
Posted on 16th February 2019
The Enforcement Directorate on Saturday extended interim bail protection to businessman Robert Vadra till March 2. During the course of hearing today, the ED told the court that Vadra was not cooperating the officials in money laundering probe. Vadra’s counsel, however, denied the charge.

The ED counsel also said that Vadra is accompanied by a ‘baraat’ (procession) wherever he goes, whether to ED or to court. This comes days after ED grilled him in connection with a money laundering case and a land scam in Rajasthan’s Bikaner.

Sehwag offers to take care of education of Pulwama terror attack martyrs’ children
Posted on 16th February 2019
Former India cricketer Virender Sehwag on Saturday offered to bear the educational expenses of children of all the CRPF personnel martyred in the dastardly terrorist attack in Jammu and Kashmir’s Pulwama.

On Thursday, at least 40 CRPF paramilitary troopers were killed in a terror attack while several others are battling for their lives following what is being termed as the deadliest terrorist strike in three decades in the valley.

All-party resolution: in solidarity with forces in defending India’s unity
Posted on 16th February 2019
An all-party meeting called to discuss the Pulwama terror attack on a CRPF convoy killing 40 soldiers adopted a unanimous resolution to condemn terrorism and the support it is receiving from across the border.

The meeting, convened by Home Minister Rajnath Singh, was attended by Ghulam Nabi Azad, Anand Sharma and Jyotiraditya Scindia of the Congress, Sudip Bandyopadhyay and Derek O’Brien of the Trinamool Congress, Sanjay Raut of the Shiv Sena, Jithendra Reddy of the Telangana Rashtra Samithi, D. Raja of the Communist Party of India, Farooq Abdullah of the National Conference, and Ram Vilas Paswan of the Lok Janshakti Party, among others.

SC stays death warrant against teacher convicted for raping 4-year-old girl
Posted on 16th February 2019
The Supreme Court on Friday stayed the execution of death penalty against a school teacher, who was convicted for raping a four-year-old girl in Satna district of Madhya Pradesh in June last year. A bench comprising Chief Justice Ranjan Gogoi and justices L Nageswara Rao and Sanjiv Khanna stayed the execution of the death sentence of convict Mahendra Singh Gond, which was scheduled for March 2 in a Jabalpur jail. There shall be stay of execution of the death sentence of the petitioner, the bench said. According to the prosecution, the girl was so brutally assaulted that she had to spend months in the All India Institute of Medical Sciences (AIIMS), Delhi to get her intestines realigned.

Pulwama Attack: Army deploys 9 security columns in Jammu after violent protests
Posted on 16th February 2019
The Army has deployed nine security columns with air support in Jammu following massive protests over the terror attack in Pulwama in the Valley in which 40 CRPF personnel were killed, officials said.

Earlier, curfew was imposed in the city after stray incidents of violence and torching of vehicles.

Jet Airways plans to raise about Rs 2,500 crore through rights issue
Posted on 16th February 2019
Cash-starved Jet Airways plans to raise about Rs 2,500 crore through a rights issue. Its lenders are also looking at a debt-to-equity conversion.

While lenders may convert Rs 1,000 crore of debt into equity, they will also participate in the equity infusion through a rights issue as part of the deal. Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.

Telecom wars: Reliance Jio tops 4G download speed chart in January, Idea fastest in upload speed
Posted on 16th February 2019
Reliance Jio continued to top the average 4G download speed chart, beating its nearest rival Airtel with almost double data speed, according to a report by the Telecom Regulatory Authority of India (Trai) for January.

Jio’s 4G network registered an average download speed of 18.8 megabits per second (Mbps), while Airtel network clocked a speed of 9.5 Mbps.

Pulwama attack: Suicide bomber set off a huge cache of RDX
Posted on 16th February 2019
A post-blast analysis conducted by the National Security Guard at the scene of attack in Pulwama has established that the SUV driven by the suicide bomber was packed with RDX. A senior government official told The Hindu that preliminary investigations suggested that 100-150 kg of RDX was used in the attack on the CRPF convoy on Thursday. The official said samples had been collected for further forensic analysis.

Adil Ahmed Dar, the Jaish-e-Mohammad suicide bomber, rammed a bus in the convoy, killing 40 personnel near Pulwama, 30 km from Srinagar.

Vande Bharat Express breaks down; shadow over tomorrow's commercial run
Posted on 16th February 2019
Causing a major embarrassment to ministry of railways, India's first indigenous semi-high speed train Vande Bharat Express or Train 18 met with a major technical snag at Barhan on Saturday, hours before its first commercial ride on February 17.

This happened almost 18 hours after Prime Minister Narendra Modi inaugurated the train on Friday evening. This has now cast a shadow on the first commercial ride of the much-hyped train set to happen on Sunday morning.

YES Bank violated rules by revealing nil divergence report, says RBI
Posted on 16th February 2019
The Reserve Bank of India (RBI) has warned YES Bank that it might face regulatory action for allegedly violating a confidentiality clause by disclosing a nil divergence report. In a letter to the private lender, the regulator said the bank had violated regulatory guidelines in the press release where it had made this disclosure last week.

Nil divergence is not an achievement to be published and is only compliance with the extant Income Recognition and Asset Classification norms, said the RBI’s letter.

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