LIVE: Polls show US presidential election is heading for a tight finish

The Supreme Court on Monday asked the Centre to file status report in six weeks on the proceedings pending in the United Kingdom for extradition of fugitive businessman Vijay Mallya to India.

Later in the day, the Centre directed the Delhi government to concentrate efforts and target RT-PCR testing in sensitive and critical zones such as restaurants, marketplaces, barber shops and salons to break the chain of Covid-19 transmission in the national capital.

The National Green Tribunal today issued notice to Ministry of Environment and Forests (MoEF) and four state governments on whether use of fire crackers be banned from November 7-30 in the interest of public health and environment.

In another news, the Delhi High Court has set aside the trial court order granting bail to a private school owner in a case related to communal violence in north-east Delhi during protests against the Citizenship Amendment Act in February. 

Stay tuned for the latest news of the day.



Why is Karachi a political orphan? Look at the public transport system

Muhammad Ali Jinnah Road has always had its share of traffic, but lately the main thoroughfare that connects central Karachi to its major port is in a state of near constant gridlock.
An elevated street eats up two of the road’s three lanes, but it’s empty — part of an incomplete project to create express lanes for public buses that was supposed to finish three years ago. It’s one of many towering structures scattered throughout the Pakistani city that were part of the latest plans to bring a modern transportation to Karachi, one of the world’s fastest-growing cities and the third-biggest by population.

Irrespective of the winner of presidential polls, India-US relationship to remain strong

Irrespective of the outcome of the November 3 presidential elections, relationship between India and the US is expected to continue at the same pace as it has in the last two decades and strengthen further, policy documents and remarks from the two campaigns indicate.
President Donald Trump, in the first term of his presidency, has emerged as the best friend of India at the White House taking the relationship to a new level and his friendship with Prime Minister Narendra Modi is well known, which was reflected in the two addressing massive two joint rallies in the US and India in less than a year.
Former vice president Joe Biden, the Democratic presidential candidate, has a strong track record of being an ardent advocate of a strong India-US relationship both as a Senator from Delaware for over three decades and then as deputy of President Barack Obama for eight years.
From playing a key role in the passage of India-US civil nuclear deal during a Republican administration to setting up the goal of a $500 billion in bilateral trade, Biden has strong ties with Indian leadership across the aisle and has a large number of Indian Americans within his close circuit.

Army Chief Gen Naravane holds talks with top military commander of Kenya

Chief of Defence Forces of Kenya Gen Robert Kariuki Kibochi and Army Chief Gen MM Naravane on Monday held wide-ranging talks on ways to expand defence cooperation between the two countries, officials said.
Gen Kibochi is on a five-day visit to India from Monday during which he is scheduled to hold talks with Defence Minister Rajnath Singh, National Security Advisor Ajit Doval and the three service chiefs.
Army officials said Gen Naravane and Gen Kibochi discussed various aspects of bilateral defence cooperation and ways to deepen it further.

No manufacturing units allowed in new industrial areas: Delhi CM

In an ambitious plan to tackle Delhi's persisting pollution problem and attracting IT and related businesses, Chief Minister Arvind Kejriwal announced on Monday no manufacturing units will be allowed in new industrial areas of the city and these zones would be available only to services and hi-tech industries.
The move will also boost Delhi's economy, besides helping the city become a hub of hi-tech and service industries which include IT-enabled services, call centres, software and hardware sector, and media programme production as they will now be provided land at cheaper rates by authorities in industrial areas.
Addressing an online press conference, Kejriwal said the Centre has okayed the Delhi government's proposal by changing the definition of industry in the Delhi Master Plan 2021 and issued a notification to implement it. Hi-tech and services activities will now be recognised as industry in the city.

Baba ka Dhaba: Delhi Police probe alleged misappropriation of donations

The Delhi Police is investigating the alleged misappropriation of donation funds for Malviya Nagar-based 'Baba ka dhaba' after Kanta Prasad, the owner of the popular eatery, filed a complaint against Instagram influencer Gaurav Wasan for misappropriation of funds.
Prasad, 80, had shot to fame after a video of him tearfully recounting the desperation of the months since the lockdown was shared widely across social media platforms recently.
Prasad's plight had come to light when Gaurav Wasan who runs a page - Swad official - captured the eatery owner breaking down as he talked about his struggles in a video shared on the YouTuber's social media account. Soon, the video went viral and hundreds of people flocked at the dhaba taking selfies with the old man and offering him monetary help. READ ON...

Nirav Modi extradition case to enter final stages in UK court

The extradition case of fugitive diamond merchant Nirav Modi, wanted in India on charges of fraud and money laundering, is expected to enter its final stages at Westminster Magistrates' Court in London on Tuesday.
The 49-year-old jeweller, fighting extradition in the estimated USD 2-billion Punjab National Bank (PNB) scam case, will appear via videolink from Wandsworth Prison in south-west London for the latest hearing in the case, during which District Judge Samuel Goozee will hear his defence team's arguments against the admissibility of certain evidence provided by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) in order to establish a prima facie case against the accused.
The Crown Prosecution Service (CPS), arguing on behalf of the Indian authorities, will stress that the evidence meets the required criteria for the UK court to determine whether Modi has a case to answer before the Indian judicial system.

Rajasthan assembly passes three bills to counter Centre's farm laws

The Rajasthan assembly on Monday passed three bills by voice vote to counter the farm laws enacted by the Centre recently. The BJP MLAs staged a walkout ahead of the voice vote. Replying to a debate on the farms bills, Rajasthan Parliamentary Affairs Minister Shanti Dhariwal said that entire country is against the farm laws enacted by the Union government.
I can say it with guarantee that all three farm laws will have to be withdrawn just like the Land Acquisition Act, Dhariwal said.
Defending the central laws, Leader of Opposition Gulab Chand Kataria said the Centre's farm laws were not introduced in Parliament all of a sudden. Kataria said the laws were made after taking into account recommendations of the Swaminathan Commission, which talked about one nation, one market; contract farming; and abolition of indirect mandi taxes.

SC to hear Arnab Goswami's plea against show cause notice on Nov 6

The Supreme Court Monday said it would hear on November 6 a plea by journalist Arnab Goswami who has challenged the show cause notice by the Maharashtra Legislative Assembly for initiation of breach of privilege motion against him for reportage related to the case of actor Sushant Singh Rajput's death. The show cause notice has been issued to Goswami for making certain remarks against Maharashtra Chief Minister Uddhav Thackrey in his news debates on Rajput's case.
A bench headed by Chief Justice S A Bobde was informed by Goswami's counsel that it cannot be construed as a breach of privilege and the Editor-in-Chief of Republic TV has now been called before the Assembly on November 5.
We have come to know that now privilege committee has been constituted. Notice has been issued on behalf of the speaker, his counsel told the bench, also comprising Justices A S Bopanna and V Ramasubramanian.

Maharashtra govt inks Rs 35,000-crore MoUs with 15 companies

Amid the COVID-19 pandemic, the Maharashtra government on Monday inked MoUs worth around Rs 35,000 crore with 15 companies even as Chief Minister Uddhav Thackeray called for attracting over Rs 1 lakh crore investments this year to the state.
Thackeray made the remarks during the Magnetic Maharashtra 2.0 event, which seeks to mobilise investments in the state, held here.
The MoUs worth Rs 34,850 crore were signed between the state-run Maharashtra Industrial Development Corporation (MIDC) and the 15 companies and they are expected to create 23,182 jobs, a statement said. The event was also attended by Industries Minister Subhash Desai and Minister of State for Industries Aditi Tatkare.

Celebrations at Golden Temple in Amritsar on 'Parkash Purab' of Guru Ramdas today

NIA arrests al-Qaeda conspirator from West Bengal

A madrassa teacher who was allegedly working as an al-Qaeda conspirator to carry out terror attacks in India was arrested by the National Investigation Agency (NIA) from West Bengal, an official said on Monday. Abdul Momin Mondal, 32, of West Bengal's Murshidabad, was arrested on Sunday, a spokesperson of the NIA said.
On September 11, a case was registered pertaining to anti-national activities by a group of 10 Jihadi terrorists inspired by globally proscribed terrorist organisation al-Qaeda, he said.
The group was planning to carry out anti-national and terrorist activities at different locations in India, the NIA spokesperson said.

Madhya Pradesh: Bypolls for 28 Assembly seats on Tuesday

Bypolls in 28 Assembly seats in Madhya Pradesh will be held on Tuesday, amid speculation over the prospects of supporters of Congressman-turned-BJP leader Jyotiraditya Scindia, who are in the poll arena on BJP ticket. Bypolls for 54 Assembly seats in 10 states are being held on Tuesday and Madhya Pradesh accounts for almost half of these seats.
The by-elections in Madhya Pradesh were necessitated after 22 MLAs of the erstwhile Congress government switched over to the BJP in March 2020, leading to the fall of Kamal Naths 15-month-old government.
Three other Congress MLAs followed the lead of Scindia and his supporters, and joined the BJP. Another three seats in the Assembly are vacant due to the deaths of incumbent MLAs. Voting for by-elections in Madhya Pradesh will be held from 7 am to 6 pm on Tuesday while adhering to the COVID-19 restrictions, an official said on Monday. The last hour of voting will be for COVID-19 patients and people suspected to be suffering from the disease, state additional chief electoral officer Arun Tomar told PTI.

NTPC to buy back shares worth Rs 2,275 cr as part of restructuring plan

India’s largest power generating company, state-owned NTPC Limited on Monday received the Board’s approval for share buyback. The Board of Directors approved the buyback of up to 197.8 million equity shares for Rs 2,275.74 crore, as a part of capital restructuring, said the company in a statement.
In a filing on BSE, NTPC said, "The board of directors of the company in a meeting held on November 2, 2020 has inter-alia approved buyback of the fully paid up equity shares of the company of face value of Rs 10 each.”
The board approved the proposal to buy back 197.8 million fully paid-up equity shares at a price of Rs 115 per unit for an aggregate consideration not exceeding Rs 2,275.75 crore, according to the filing.
The Centre is relying on the share buyback by selected public sector utilities to meet its disinvestment target of Rs 2.1 trillion for 2020-21. Reports suggest firms that might consider buybacks are Coal India, Kudremukh Iron Ore, RITES, NMDC, and Engineers India. READ ON...

Rahul Gandhi to attend farmers' rally in Tamil Nadu against Centre's farm laws

Congress leader Rahul Gandhi will attend a farmers' rally in Tamil Nadu against the Centre's three contentious farm legislations, the party's state unit said on Monday. The state Congress has planned to conduct protests in 150 locations in the state where tractors fitted with ploughs will be used in the agitation, TNCC President K S Alagiri said in a statement. The party would soon announce when the protests will be held, he said.
"Congress leader Rahul Gandhi is slated to attend a farmers' rally at the end of these protests," he said, while citing the Wayanad MP's participation in similar rallies in Punjab and Haryana against the farm laws, approved by Parliament.
The TNCC chief said the latest legislations were inimical to the interests of the farmers, alleging coprorates will have a greater say in fixing price of produce, and that his party was making all efforts to mobilise support against them.

MeToo: Court to hear Akbar's defamation case against Priya Ramani on Nov 10

A Delhi court will resume on November 10the hearing of final arguments in the criminal defamation complaint filed by former Union minister M J Akbar against journalist Priya Ramani.
Additional Chief Metropolitan Magistrate (ACMM) Vishal Pahuja, who had earlier sent the matter to Principal District and Sessions Judge seeking its transfer to another court, fixed the date for hearing after both the parties appeared before him, Akbar's advocate Sandeep Kapur said. District and Sessions Judge Sujata Kohli had on October 22 sent the matter back to the ACMM.
The ACMM, who had started hearing the final arguments in the case on February 7this year, had sent the matter to District and Sessions judge, saying the case in hand was not filed against MP or MLA and needs to be transferred to the "Competent Court of Jurisdiction". READ ON...

Alliance Air to launch Bengaluru-Kozhikode flight from Nov 11

Alliance Air on Monday said it will launch flight from Kozhikode to Bengaluru starting November 11. The flights on the new route will be operated six times in a week except Tuesdays, Alliance Air said in a release.
Air India's regional subsidiary will be deploying one of its 70-seater ATR 72 aircraft to cater to the traffic between the two cities, it added.
Alliance Air is commencing flight operations from Bengaluru to Kozhikode and back from November 11, the airline said. The flight 9I- 521 will depart from Bengaluru at 6.30 am and arrive in Kozhikode at 7.55 am, it added. In the return leg, it will depart from Kozhikode as 9I- 522 at 8.25 am and arrive in Bengaluru at 9.40 am, Alliance Air said.

Air pollution: NGT notice to Centre to ban fire crackers from Nov 7-30

The National Green Tribunal Monday issued notice to Ministry of Environment and Forests (MoEF) and four state governments on whether use of fire crackers be banned from November 7-30 in the interest of public health and environment.
A bench headed by NGT Chairperson Justice A K Goel sought response from MoEF, Central Pollution Control Board (CPCB), Delhi Pollution Control Committee, Police Commissioner of Delhi and the governments of Delhi, Haryana, Uttar Pradesh and Rajasthan. The NGT also appointed senior advocate Raj Panjwani and advocate Shibhani Ghosh to assist it as amicus curiae in the matter.
The tribunal was hearing a plea by Indian Social Responsibility Network, filed through Santosh Gupta, seeking action against pollution by use of fire crackers in NCR during the time air quality is unsatisfactory with potential of severity of COVID-19 pandemic.

BJP organises 'thana gherao' programme to protest over alleged killings of party workers in West Bengal

RBI to extend trading hours to 3:30 pm from 2 pm starting November 9

The Reserve Bank of India (RBI) on Monday said it will restore trading hours in the bond and currency markets in a graded manner, effective November 9.
The trading hour restrictions were put in place on April 7, in view of the national lockdown owing to the Covid crisis. The lockdown caused operational dislocations, preventing normal functioning of the markets.
"With the graded roll-back of the lockdown and easing of restrictions on movement of people and functioning of offices, it has been decided to restore trading hours for regulated markets in a phased manner,” the RBI said in a notification.

Election Commission to file reply at earliest, ECI on SC's stay on revoking Kamal Nath's star campaigner status

The Election Commission of India (ECI) will file a response at the earliest on the Supreme Court order staying its decision to revoke former Madhya Pradesh Chief Minister and Congress leader Kamal Nath's star campaigner status, officials said on Monday.
"Hon'ble Supreme Court is supreme. EC has been given an opportunity to file a reply in the matter, which shall be filed at the earliest," ECI officials told ANI here.
Earlier today, the Supreme Court stayed the Election Commission's decision to revoke Kamal Nath's status as star campaigner due to alleged violation of the Model Code of Conduct for his speeches.
The Congress leader had allegedly referred to BJP leader Imarti Devi contesting MP bypoll BJP from Sabra as an 'item' during a by-election rally, sparking a controversy. Nath had later expressed regret over his remarks and said he did not intend to insult anyone. However, he said there was no need for him to apologise. "Why should I apologise when I did not intend to insult anyone? If anyone felt insulted, I have already expressed regret," Nath had said.

With Covid-19 disruptions, Budget FY22 may base estimates on FY20 numbers

Covid-19 pandemic may change the baseline for the preparation of next year's budget with government likely to use 2019-20 numbers to give estimates for FY22. Highly placed government sources said that the pandemic has brought about extraordinary situation that needed extraordinary solutions.
Basing FY22 budget estimates on FY20 number would help in providing correct picture about the projections on taxes and expenditure as the pandemic completely turned the budget estimates of FY21 topsy turvy, the source said.
The change of the base year for making estimates would also prevent the government from taking up the fiscal deficit numbers further and restraining expenditure.
The concern over the changes is coming from the tax numbers that have come during the first half of current fiscal. Against the tax revenue target of Rs 16.36 lakh crore for FY21, in the first half period (April-September), total tax collections have been to the tune of only Rs 4.58 lakh crore or just about 28 per cent of the budget target.

Delhi's economy mainly based on service industry; hi-tech, service industry to be provided space at cheaper rates: CM Kejriwal

Manufacturing units, which cause pollution, will be given option to shift to service or hi-tech industry: Delhi CM Kejriwal

Farm fire share in Delhi's pollution 40%, but Oppn in denial: Gopal Rai

Delhi Environment Minister Gopal Rai on Monday targeted the BJP and the Congress on the issue of stubble burning, saying the share of farm fires in Delhi's pollution has soared to 40 per cent but the opposition parties are in denial.
According to the Ministry of Earth Sciences' air quality monitor, SAFAR, the share of stubble burning in Delhi's pollution rose to 40 per cent on Sunday, the maximum so far this season. It was 32 per cent on Saturday, 19 per cent on Friday and 36 per cent on Thursday, the second highest this season so far.
"We have been saying it again and again that stubble burning is a major reason behind severe levels of pollution in Delhi around Diwali, but the BJP and the Congress say the share of farm fires in Delhi's pollution was just 4 to 6 per cent, whereas statistics show it has increased to 40 per cent," Rai told reporters during the launch of "Red Light On, Gaadi Off" campaign in all 272 wards of Delhi to curb vehicular pollution. READ ON...

Centre has okayed Delhi govt's proposal over new industrial areas and issued notification; this will be historic step: CM Kejriwal

31% candidates in Bihar phase 3 polls have declared criminal cases against them: ADR

Out of 1,195 candidates contesting in phase-3 of the Bihar assembly elections later this week, 31 per cent have declared criminal cases against themselves, according to a report by poll rights group Association for Democratic Reforms (ADR).
About 282 or 24 per cent have declared serious criminal cases against themselves. Serious criminal cases are non-bailable offences attracting over five years of imprisonment, the report said. As many as 361 or 30 per cent of these candidates have stated their financial assets to be worth crores of rupees, the report said. Out of 1,195 candidates analyzed, 371 or 31 per cent have declared criminal cases against themselves, it said.
According to the report, 32 (73 per cent) out of 44 candidates analysed from the RJD have declared criminal cases against themselves and 22 (50 per cent) of them have declared serious criminal cases against themselves in their affidavits.

Sensex ends 144 points higher; financial stocks sparkle

Equity benchmark Sensex ended 144 points higher on Monday, tracking strong buying sentiment in financial stocks amid positive cues from global markets.
After gyrating 633.11 points in a choppy session, the 30-share BSE index settled 143.51 points or 0.36 per cent higher at 39,757.58. Similarly, the broader NSE Nifty advanced 26.75 points or 0.23 per cent to 11,669.15.
IndusInd Bank was the top gainer in the Sensex pack, rallying around 7 per cent, followed by ICICI Bank, Axis Bank, HDFC, Bharti Airtel, SBI, Bajaj Finance and HDFC Bank.

Delhi violence: HC sets aside trial court's order granting bail to private school owner

The Delhi High Court Monday set aside the trial court order granting bail to a private school owner in a case related to communal violence in north-east Delhi during protests against the Citizenship Amendment Act in February. Justice Suresh Kumar Kait said the trial court has granted bail to accused Faisal Farooq at a pre-mature stage while ignoring the relevant material on record.
The high court allowed the plea of Delhi Police challenging the trial court's June 20 order granting bail to Farooq. The accused was not released from jail as there was a stay on the bail order.
Farooq, owner of the Rajdhani School in Shiv Vihar locality was among the 18 arrested, for alleged involvement in burning and damaging property of the adjacent DRP Convent School. The police had challenged the trial court bail order saying the decision was ex-facie unwarranted. Delhi Police had on June 3 filed a charge sheet before the court against Farooq and 17 others in the incident in which the building of a private school was burnt down in north-east Delhi.

Only 6.83% active coronavirus cases, recovery rate at 91.68%: Union Health Ministry

The Union Health on Monday informed that the active coronavirus cases comprise only 6.83 per cent of the total positive cases of the country and added that the overall recoveries have crossed 75 lakh. With 45,230 new infections in the last 24 hours, India's total COVID-19 tally reached 82,29,313 on Monday.
"53,285 recoveries have been registered in the last 24 hours in the country. The active cases have sustained on the downslide. The total active cases in India stand at 5,61,908. The Active Cases comprise only 6.83% of the total positive cases of the country," according to the Ministry of Health and Family Welfare's release.
The ministry said that the percentage of active cases have reduced more than 3 times in a span of just two months. On September 3, the percentage active cases were 21.16 per cent, it said. At present, the national recovery rate is 91.68 per cent. The health ministry said that 10 States and Union Territories account for 82 per cent of fatalities in the past 24 hours.

Maratha quota: Maharashtra govt considering fee refund to students

The Maharashtra government is considering the option of reimbursing fees of students who would have benefited with Maratha reservation in admissions to medical colleges, state minister Amit Deshmukh said on Monday.
Deshmukh, who is the state medical education minister, said his department will move a proposal in this regard before the state cabinet.
The Supreme Court in September this year stayed the implementation of Maratha quota in jobs and education and referred the matter to a larger bench. The Maharashtra government later filed an application before a larger bench of the SC, seeking vacation of the stay on implementation of the quota.

Rupee settles 32 paise lower at 74.42 (provisional) against US dollar

US funds lower valuation of Indian unicorns Paytm, Ola due to Covid-19: Report

US-based mutual funds T Rowe Price and Vanguard have lowered their valuations of Indian unicorn companies Paytm and Ola, due to the disruption created by the Covid-19 pandemic in the first half of the year, according to a report by Times of India, which cited regulatory filings.
These mutual funds hold about one per cent stake in both the companies.
Paytm was valued at around $16 billion when it raised funding last year. T Rowe Price had invested about $150 million in digital payments firm Paytm in December 2019. According to the report, T Rowe Price has reduced the value of its share in Paytm by 26 per cent as of June 2020. According to the filings, the shares which were each purchased for $254 have now been valued at $188 by multiple funds managed by T Rowe Price, according to the filings. READ ON...

SC stays EC order revoking Kamal Nath's star campaigner status for MP bypolls

In a relief to Kamal Nath, the Supreme Court on Monday pulled up the Election Commission and stayed its order of withdrawing star campaigner status of the former Chief Minister and senior Congress leader.
Senior advocate Rakesh Dwivedi, representing the Election Commission, submitted before a bench headed by Chief Justice S.A. Bobde that the matter has become infructuous as the campaigning has already ended and the bypolls are due on November 3.
Senior advocate Kapil Sibal, representing Kamal Nath, opposed the arguments made by Dwivedi. "No notice was issued to us and this was arbitrary," said Sibal
Pulling up the Election Commission, the Chief Justice said: "We are staying your order."

LIVE: SC asks Centre to file status report on extradition of Vijay Mallya

The Supreme Court Monday asked the Centre to file status report in six weeks on the proceedings pending in the United Kingdom for extradition of fugitive businessman Vijay Mallya to India.
The Centre had on October 5 told the apex court that Mallya cannot be extradited to India until a separate secret legal process in the United Kingdom, which is judicial and confidential in nature is resolved.
A bench of Justices U U Lalit and Ashok Bhushan asked Solicitor General Tushar Mehta to file status report in the matter in six weeks and posted it for hearing in the first week of January next year. The bench also refused to accept the plea of advocate E C Agarwala, who has been appearing for Mallya in the apex court, seeking discharge from the case.

Rajasthan: Members of Gurjar community continue their protest demanding reservation

Delhi HC issues notice to Centre, IP University, others on plea challenging exams in physical mode

The Delhi High Court on Monday issued notice to the Centre, Guru Gobind Singh IP University and others on a petition challenging the physical mode of examinations for BA LLB and BBA LLB programmes.
A Division Bench of Chief Justice DN Patel and Justice Prateek Jalan asked the Centre, Guru Gobind Singh IP University, Bar Council of India, University Grants Commission, Vivekananda Institute of Professional Studies, Amity University in Noida and listed the matter for further hearing on November 12.
The court was hearing a petition filed by various students including Sudhanshu Kathuria through Affinity Legal law firm by lawyers Jahnvi Sharma and Paritosh Dhawan.
The petition challenged the notifications dated September 30 issued by respondent whereby it has directed that the theory examinations for the regular, reappear, supplementary, mercy qua intermediate even semesters for the BA LLB and BBA LLB programs shall be held in physical mode from October 27, 2020.

What guidelines needed to bail out sexual crime accused, SC asks AG

The Supreme Court on Monday asked Attorney General KK Venugopal and other lawyers to recommend ways to improve gender sensitivity and the kind of bail conditions that need to be set while giving bail to those accused of sexual crimes. The top court order came in a case wherein the Madhya Pradesh High Court had ordered an alleged molester to visit the victim and allow her to tie a rakhi on his wrist.
After a detailed hearing in the matter, the Supreme court asked the AG, Senior Advocate Dushyant Dave, who was representing the intervenors, women lawyers represented by Senior Advocate Sanjay Parikh to help it set down guidelines on what sort of bail conditions are permissible while bailing out the accused in sexual offence cases.
Earlier, Venugopal submitted before a bench headed by Justice AM Khanwilkar that lectures need to be given to district and subordinate courts as also the High Courts on gender sensitisation, pointing out that a gender sensitisation and grievance redressal committee exists in the top court. READ ON...

UPI payments grow 80% in a year with over 2 billion payments: NITI Aayog CEO

The number of transactions made through Unified Payments Interface (UPI) crossed the 2-billion mark in October 2020, said NITI Aayog Chief Executive Officer (CEO) Amitabh Kant on Monday.
As per Kant, the transaction volume has grown 80 per cent in a year's time as there were 1.14 billion payments made through UPI in October last year.
The transaction value has also doubled in this time frame.

Loan Moratorium case: Going any further from relief announced would be detrimental to economy, Centre tells SC

The Centre on October 10 told the Supreme Court that going any further than the fiscal policy decisions already taken, such as waiver of compound interest charged on loans of up to Rs 2 crore for six months moratorium period, may be "detrimental" to the overall economic scenario, the national economy and banks may not take "inevitable financial constraints".

BSP-BJP alliance not possible, ideologies opposite: Mayawati

Bahujan Samaj Party president Mayawati asserted on Monday that her party would never enter into an alliance with the BJP in the assembly or the Lok Sabha elections, highlighting that the ideologies of the two parties were "opposite".
Mayawati alleged that the Samajwadi Party and the Congress were misusing her recent statement so that the Muslim community distances itself from the BSP.
She had said last week that to ensure defeat of the SP candidates in future elections, including those of the legislative council and the Rajya Sabha, the BSP would vote for the Bharatiya Janata Party or any other party's candidate.
"The alliance of the BJP with the BSP is not possible in any polls in the future. The BSP cannot contest with the communal party," she said in a media briefing.
"Our ideology is of 'sarvajan sarva dharma hitay' (benefit of everyone and all religions)' and is opposite to the BJP's ideology," she said. "The BSP cannot enter into an alliance with those having communal, casteist and capitalist ideology."

Loan moratorium case: SC bench headed led by Justice Ashok Bhushan will today resume hearing pleas

A bench headed led by Justice Ashok Bhushan will today resume hearing pleas seeking complete waiver of interest during the moratorium period.

Loan Moratorium Case: Small borrowers constituting 40% bank credit eligible for relief

The Supreme Court has asked the government to implement the decision to waive “interest on interest” or compound interest charged on loans of up to Rs 2 crore for the six-month moratorium period announced in the wake of the COVID-19 pandemic. 

Rail coach factory, Kapurthala doubled its production, breaks pre-Covid record, tweets Piyush Goyal

US election 2020 LIVE: Joe Biden's electoral position appears to put him in a stronger position than any candidate since 2008, reveals NYT poll

 According to an NYT poll, Joe Biden's electoral position appears to put him in a stronger position than any presidential candidate since 2008.

Delhi government mulls ban on the sale of loose cigarettes, beedis

The Delhi government is mulling to ban the sale of loose cigarettes and beedis to discourage people from consuming such items as they are injurious to health.
“This matter is still being discussed and is at a very initial stage at the moment, HT reported quoting senior govt officials.

SC to hear plea by foriegn nationals challenging en-masse blacklisting orders by MHA for their alleged involvement in “Tablighi Jamaat” activities

Supreme Court to hear today plea by foriegn nationals challenging en-masse blacklisting orders by Ministry of Home Affairs for their alleged involvement in “Tablighi Jamaat” activities.

SC to hear Republic Media Network, Arnab Goswami's plea against Maharashtra government

Supreme Court’s Chief Justice SA Bobde Led bench to hear Republic Media Network’s Editor-in-Chief, Arnab Goswami's petition, challenging the Breach Of Privilege motion moved against him in the Maharashtra Assembly.

Loan moratorium case: Banks shall be guided by a Scheme for effectuating ex gratia payments to borrowers towards specified loan amounts, RBI informs SC

In the ongoing issue pertaining to levy of accruing interest on interest and loan moratorium before #SupremeCourt,RBI informed the Court that banks shall be guided by a Scheme for effectuating ex gratia payments to borrowers towards specified loan amounts.

Himachal Pradesh weather update: Snowfall continues in Lahaul-Spiti district

Loan moratorium case: What Centre has proposed before SC

All lending institutions (as defined under clause 3 of the scheme) shall credit the difference between compound interest and simple interest in the respective accounts of eligible borrowers for the period between March 1, 2020 to August 31, 2020, the affidavit filed by the government said.

Loan moratorium case: Lenders to credit interest on interest' to borrowers by Nov 5, Centre tells SC

The Centre has informed the Supreme Court that lenders have been directed to credit in the accounts of eligible borrowers by November 5 the difference between compound interest and simple interest collected on loans of up to Rs 2 crore during the RBI's loan moratorium scheme.
The Ministry of Finance has said that after crediting this amount, the lending institutions would claim reimbursement from the Central government.
In an affidavit filed in the apex court, the government has said that the ministry has issued a scheme as per which lending institutions would credit this amount in the accounts of borrowers for the 6-month loan moratorium period which was announced following the Covid-19 pandemic situation.

Simply explained (Podcast): Loan moratorium interest waiver scheme for borrowers

Are you still confused with govt's loan moratorium interest waiver scheme and whether you are eligible for it or not? Click here to listen to the podcast, where in Business Standard's Sanjay Kumar Singh answers all your questions and explains in detail about the reimbursement plan

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