open view web desk SHANGHAI – Eleven Chinese warships sailed into the East Indian Ocean this month, a Chinese news portal said, amid a constitutional crisis in the tiny tropical island chain of the Maldives now under a state of emergency. A fleet of destroyers and at least […]
open view web desk MUMBAI – The Reserve Bank of India on Tuesday said it had alerted unidentified banks about the need to prevent any “potential malicious use of the SWIFT infrastructure” at least three times since August 2016, but added lenders had not fully implemented all of […]
open view web desk NEW DELHI/MUMBAI- Indian billionaire jeweller Nirav Modi, one of the prime accused in the country’s largest ever bank fraud, denies allegations levelled against him by Punjab National Bank (PNB), his lawyer said on Tuesday. “There is nothing, there is nothing in it,” Vijay Aggarwal, […]
open view web desk JAMMU, FEBRUARY 20: Minister for Education Syed Mohammad Altaf Bukhari today said that the government has decided to reintroduce board exams for class 11 from the current session. He also revealed that the education regulatory mechanism would be strengthened to keep check on the […]
open view web desk JAMMU, FEBRUARY 19: Chief Minister, Mehbooba Mufti has underlined the need for blending long term and short solutions for streamlining urban transport in the State in view of the increasing vehicular population. Chairing a high-level meeting here today, the Chief Minister described traffic management […]
open view web desk KUND(DEVSAR), FEBRUARY 18: Chief Minister, Mehbooba Mufti, who was on a day’s visit to the area, laid the foundation of some key developmental projects here today. The Chief Minister laid the foundation of famous Brazloo bridge which would come up at a cost of […]
open view web desk POONCH, FEBURARY 17: Minister for Tourism, Tassaduq Hussain Mufti today visited Poonch district to explore the possibilities to develop tourism infrastructure in the district. The Minister was accompanied by MLA Qamar Hussain and Shah Mohammad Tantray, DC Poonch, Director Tourism and other senior officers […]
open view web desk NEW DELHI/MUMBAI – The Central Bureau of Investigation (CBI) raided the offices of jewellery retailer Gitanjali on Friday in a widening probe into a $1.77 billion loan fraud at state-run Punjab National Bank, the biggest bank scam in the country’s history. The case is […]
Credit:Reuters
open view web desk NEW DELHI/MUMBAI- Investors may have been shocked when one of India’s biggest banks disclosed a $1.77 billion fraud by billionaire jeweller Nirav Modi, but the central bank has recorded data that shows the problem runs far deeper and wider. Reserve Bank of India (RBI) data, […]
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