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[ad_1] NEW DELHI: ED has identified properties worth Rs 75 crore associated with jailed former CMD of UCO Bank Subodh Kumar Goel which were allegedly acquired through bribes received for sanctioning loans worth thousands of crores to Concast Steel & Power Ltd (CSPL), which later defaulted on repayments.Sources said Goel, who was arrested by ED from his New Delhi residence on May 16, had acquired properties in Delhi-NCR, which included a bungalow in upscale Panchsheel Park in Delhi, a villa in Jaypee Greens in Noida, several flats and plots in Noida and Greater Noida, besides warehouses and commercial properties. All the assets in question were purchased using shell companies, many of which were controlled by his son, daughter-in-law and wife.CSPL and its promoter Sanjay Sureka have defaulted on loans of over Rs 6,200 crore, taken from a consortium of 27 […]

[ad_1] NEW DELHI: The pollution in the Yamuna spiked in May with a substantial rise in fecal levels, phosphates and ammonia. Delhi Pollution Control Committee's monthly analysis shows that while the river was more polluted at its exit from the city at Asgarpur, it also entered the city at Palla with substantial pollution levels.The samples of the river were collected on May 1, a day before the city recorded heavy rains. The pollution load in major drains like Maharani Bagh, Shahdara and Najafgarh also increased in May.According to DPCC, while fecal coliform has increased since last month, the river also recorded a spike in ammonia, with the ammoniacal nitrogen levels doubling to 5.7mg/litre from 2.3mg/l last month. The fecal coliform level reading was 23 lakh MPN/100ml in May, much higher than the 15 lakh MPN/100ml in April.Experts, however, were concerned […]

[ad_1] NOIDA: Rushing back home from the society park Wednesday evening to avoid intense winds and sudden rain, Sunita (50) and little Advik (2) were buried under a colossal tin sheet that, cut loose by the storm, fell from the terrace of the 21-storey building where they lived on the 6th floor.Sunita and Advik were steps away from the safety of their Sun-4 tower's lobby at Greater Noida's Migsun Ultimo when the sheet thudded down at 8.45pm. Sunita died on the spot. The boy, possibly shielded by his grandmother, was still breathing when he was rushed to hospital, but succumbed later in the night.Greater Noida deaths trigger angry protests The tragedy left Migsun Ultimo in shock and triggered a protest by residents against the developer of the society at Omicron 3 roundabout. The tin sheet wasn't the only lethal flying […]

[ad_1] NEW DELHI: Supreme Court on Thursday thrice said "ED is crossing all limits" and stayed the agency's investigation into alleged money laundering by TN State Marketing Corporation (Tasmac) pursuant to a raid on its headquarters on March 6-8.Appearing for the Tamil Nadu govt and Tasmac, senior advocates Kapil Sibal, Mukul Rohatgi and Amit Anand Tiwari told a bench of CJI B R Gavai and Justice A G Masih that ED had conducted an illegal raid on Tasmac when no predicate offence had been registered against it, adding that this struck at the root of federalism. They accused the agency of violating the right to privacy of employees by cloning the phones seized from them."They should not use the data taken from the phones of employees," the counsel argued.Additional solicitor general S V Raju tried to defend the raid and […]

[ad_1] NEW DELHI: Jamia Millia Islamia has expelled six students and barred them from seeking admission to any programme in the university for up to three years over their alleged involvement in a violent clash that took place on the campus last month.The university has also issued show-cause notices to 20 other students in connection with the incident. The notices were issued on April 28.The disciplinary action follows a violent confrontation between two student groups on April 25 near the Deen Dayal Upadhyaya Kaushal Kendra inside Gate Number 8 of the campus. According to the notices, what started as a brawl quickly escalated into large-scale violence, with students and outsiders allegedly using lathis, stones and other dangerous weapons to attack each other and disrupt peace on campus.One of the expulsion orders, addressed to a student from the diploma in civil […]

[ad_1] India’s Operation Sindoor did not just punish Pakistan for the April 22 Pahalgam terror attack. It redrew the entire strategic map of South Asia. With carefully calibrated force and clear political resolve, India called Pakistan’s nuclear bluff-and shifted the regional balance of power decisively in its favor.What began as a swift retaliatory strike evolved into a wider campaign that expanded across air, cyber, naval, and informational domains. This wasn’t another Balakot or surgical strike. It was a meticulously orchestrated assertion of what Prime Minister Narendra Modi later described as “a new form of justice.”PM Modi’s declaration from Bikaner-"Ab toh Modi ki naso mein lahu nahi, garam sindoor beh raha hai"-wasn’t mere political theater. It was a warning: India’s era of strategic restraint is over.Why it matters: India declares strategic sovereigntyOperation Sindoor is not just a military success-it marks India’s […]

[ad_1] GUWAHATI: Myanmar's anti-junta "govt-in-exile" National Unity Govt (NUG) has asked India to suspend ongoing fencing of the border between two countries after Assam Rifles shot dead 10 cadres of its armed wing, People's Democratic Organisation, in a firefight in Manipur's Chandel on May 14.The NUG said India must halt border fencing activities as they are "unilateral" and are "in areas where the boundary remains unresolved". The parallel govt also demanded India probe the incident and compensate the families of the 10 killed.India's defence PRO and spokesperson for Manipur, Nagaland and Southern Arunachal Pradesh said on Thursday that on May 14 an Assam Rifles patrol sanitising the area near the India-Myanmar border, where fence construction is underway, came under intense automatic fire from armed cadres. "Clearly, the likely intent of the cadres was to cause severe harm to construction workers […]

[ad_1] NEW DELHI: Amid the outrage in India over Turkiye's support to Pakistan during the recent military conflict, govt on Thursday warned Ankara that not being mindful of each other's concerns may not be in the interest of the ties with Turkiye.India also asked Turkiye to urge Pakistan to end its support for cross-border terrorism and dismantle the terror infrastructure it has created.Asked about China's support for Pakistan, Indian govt said that the Chinese side is aware that mutual trust, mutual respect and mutual sensitivity remain the basis of India-China relations. "We expect Turkiye to strongly urge Pakistan to end its support to cross-border terrorism and take credible and verifiable action against the terror ecosystem that it has harboured for decades. As you know, relationships are built on the basis of sensitivities to each other's concerns," said foreign ministry spokesperson […]

[ad_1] NEW DELHI: Amid the nose-dive in bilateral ties, Bangladesh has cancelled an order worth $21 million (around Rs 180 crore) inked with Kolkata-based defence shipyard Garden Reach Shipbuilding & Engineers (GRSE) last year for the construction of an 800-tonne advanced ocean-going tug.The contract, which included design, construction and delivery of a 61-metre-long tug in 24 months, was the first major deal inked under the $500-million line of credit for defence purchases extended by New Delhi to Dhaka that was operationalised in 2023.The deal for the tug, with the maximum speed with a full load of at least 13 knots, was signed by officials of the Bangladesh Navy's directorate general of defence purchases and GRSE in Dhaka in July last year. The contract had coincided with Navy chief Admiral Dinesh K Tripathi's four-day visit to Bangladesh to further consolidate defence […]

[ad_1] MUMBAI: Reserve Bank of India is "examining" the licensing framework for banks to align it with the evolving needs of the economy and is also reviewing the role of lenders in distributing insurance products, amid complaints of mis-selling.In an exclusive interview to TOI, his first since taking charge in Dec, RBI governor Sanjay Malhotra said the regulator places "great importance on fair practice codes, consumer protection, and customer service," and that mis-selling of investment-linked insurance products is a valid ground for escalating complaints under the banking ombudsman scheme."We are reviewing the situation and if required, we will consider additional measures to tackle this issue," Malhotra said.On the question of scaling up Indian banks, Malhotra said RBI is reviewing policies to ensure an adequate number of strong and trustworthy institutions. The central bank is also "examining" foreign shareholding norms and […]