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Most banks will improve stressed assets by March, says SBI chairman

Most banks will improve stressed assets by March, says SBI chairman

SBI Chairman Rajnish Kumar on Saturday said most banks will be in a good position with respect to stressed assets by March and there is no dearth of liquidity in the system for lending.

He added that there are opportunities to lend in sectors such as infrastructure and consumer lending as there is not much of a decline in demand from consumers.

At least 35 arrested amid anti-citizenship act protests in Madhya Pradesh

At least 35 arrested amid anti-citizenship act protests in Madhya Pradesh

At least 35 people have been arrested in connection with Friday's violent protests against the contentious Citizenship Amendment Act in Madhya Pradesh, which left 20 police personnel injured, an official said.

Demonstrations against the law were held across the state on Friday, with protesters pelting stones at police in some places. Police used baton charge to disperse the protesters.

Disruption likely in steel industry after March as mine leases expire: SAIL

Disruption likely in steel industry after March as mine leases expire: SAIL

State-run SAIL on Saturday said the steel industry may face disruption post March 2020 when a number of mining leases expire.

A clutch of mining leases for coal and iron ore are slated to expire by March next year.

According to the amended Mines and Minerals (Development and Regulation) Act, these licences will not be renewed and the mines will be allotted through fresh auctions.

Delhi court asks police to allow lawyers to meet 40 detained in Daryaganj

Delhi court asks police to allow lawyers to meet 40 detained in Daryaganj

A Delhi court has come to the rescue of 40 people detained in connection with a violent protest in Daryaganj, by directing Delhi police to allow lawyers to meet the detainees and provide them legal remedies.

Chief Metropolitan Magistrate Arul Verma issued the directions to the station house officer of the Daryaganj police station late Friday night when lawyers approached him at his residence, seeking permission to meet the detainees.

Delhi weather: Thick fog in national capital; air quality ‘severe’

Delhi weather: Thick fog in national capital; air quality ‘severe’

A thick layer of fog enveloped the national capital Saturday morning as the minimum temperature settled at 9.5 degrees Celsius, a notch above the season’s average. The air quality in Delhi was recorded in the severe category at 429 at 10.40 am.

An AQI between 0 and 50 is considered ‘good’, 51 and 100 ‘satisfactory’, 101 and 200 ‘moderate’, 201 and 300 ‘poor’, 301 and 400 ‘very poor’, and 401 and 500 ‘severe’.

Anti-CAA protests: RJD stages state-wide bandh in Bihar; services disrupted

Anti-CAA protests: RJD stages state-wide bandh in Bihar; services disrupted

Thousands of RJD supporters fanned out across Bihar on Saturday, disrupting rail and road traffic while trying to enforce a statewide shutdown in protest against the new citizenship law and the proposed NRC.

In the state capital, hundreds of party supporters - among whom children could also be seen - stormed railway stations and bus stands carrying sticks and party flags but they were chased away by police personnel.

Anti-CAA protests: 8-year old among 11 dead in UP as stir intensifies

Anti-CAA protests: 8-year old among 11 dead in UP as stir intensifies

At least 11 people, including an 8-year-old boy, have lost their lives in Uttar Pradesh as the protests against the Citizenship (Amendment) Act turned violent in the state, officials said on Saturday.

Four deaths were reported from Meerut district, while the boy lost his life in a stampede in Varanasi when a violent mob was being chased by police personnel, they said.

Uber asked to suspend service in Colombia, after setbacks in UK and Germany

Uber asked to suspend service in Colombia, after setbacks in UK and Germany

A judge ordered Uber Technologies Inc.’s operation in Colombia to suspend its ride-hailing business after a technology platform presented a lawsuit claiming the company was providing the service through unfair competition.

A judge at the Superintendency of Industry and Commerce, which regulates the market, ruled that Uber’s app violated competition norms, the regulator said Friday in a statement. Cotech SA, a taxi-service platform, filed the lawsuit against Uber.

Jharkhand Assembly election: Exit polls predict Congress-JMM defeating BJP

Jharkhand Assembly election: Exit polls predict Congress-JMM defeating BJP

The five phase polling for the 81-seat Jharkhand Assembly concluded on Friday evening with exit polls indicating a hung assembly. Exit polls predicted the Jharkhand Mukti Morcha (JMM)-led alliance in the lead, and incumbent Raghubar Das-led Bharatiya Janata Party (BJP) likely to fall significantly short of the majority mark.

The fifth and final phase of polling in 16 assembly constituencies of Jharkhand passed off peacefully, Election Commission officials said in Ranchi. An estimated 70.83 per cent of the total 40.05 lakh voters exercised their franchise till 5 pm when the polling ended, they said.

Unnao rape: Kuldeep Sengar sentenced to life imprisonment by Delhi court

Unnao rape: Kuldeep Sengar sentenced to life imprisonment by Delhi court

Expelled BJP MLA Kuldeep Singh Sengar will remain in jail for life for raping a woman in Unnao in 2017, a Delhi court said on Friday while sentencing him to life imprisonment.

District Judge Dharmesh Sharma also imposed an exemplary fine of Rs 25 lakh in the case and has to be paid within a month.

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