Day: September 29, 2023

Bank MD resigns days after Rs 9,000 Cr mistakenly credited to cab driver’s account

Manish Kumar

Tamilnad Mercantile Bank (TMB) Managing Director and CEO, S Krishnan tendered his resignation.  The Board of Directors of the Bank in their meeting, accepted the resignation and forwarded the same to the Reserve Bank of India (RBI) for their guidance or advice.  The development comes a week after a Chennai cab driver, who is an account holder of TMB, was wrongly credited Rs 9,000 crore.  However, within half an hour, the balance amount was debited by the Bank.  Krishnan cited “personal reasons” for his resignation, though he still had about…

Ukrainian soldiers heartened by delivery of U.S. Abrams tanks; Kremlin said it would not change the situation on the battlefield

Manish Kumar

Ukraine takes delivery of U.S. Abrams tanks  Tank crews say they offer more protection and firepower  The Abrams tanks would be a big step up from the Soviet-era tanks they are currently operating.  The Kremlin said this week that U.S. supplies of military hardware such as the Abrams tanks would not change the situation on the battlefield.  The Ukrainian counteroffensive is making slow progress.  “It’s all about a large number of Russian troops. Advances are made by big numbers,” an officer said.  President Volodymyr Zelenskiy that Ukraine had taken delivery…

SRK’s ‘Jawan’ Earns Rs. 525 Crore; crushed records at the box office

Manish Kumar

‘Jawan’, the latest Bollywood blockbuster starring actor Shah Rukh Khan, has shattered records at the box office.  With a collection of ₹525 crores in the Hindi language segment so far, it has reportedly crossed the lifetime business earnings of Pathan and Gadar 2 in the Hindi language segment.  Jawan, released on September 7, is the second hit delivered by Khan in this calendar year.   The actor, popularly known as SRK, had rocked the box office in January with Pathan.   The movie earned ₹654 crore in India through screenings…

FIR against Khalistani terrorist Pannun for issuing a threat to India vs Pak World Cup match

Manish Kumar

Gujarat Police on Friday registered an FIR against designated Khalistani terrorist Gurpatwant Singh Pannun.  Pannun had issued a threat to India vs Pakistan ICC World Cup 2023 match which is to be held at Narendra Modi Stadium in Ahmedabad on 14 October.  “This October, it will not be the World Cricket Cup. It will be the beginning of the World Terror Cup.”- a pre-recorded audio message by the terrorist said.  Pannu, in a viral video, had also threatened Hindus to leave Canada after Trudeau publicly blamed India for Khalistani separatist…

34 Killed, 130 Injured After Bomb Explodes Near a Mosque in Pakistan

Manish Kumar

At least 34 people were killed and over 130 injured in a suicide blast near a mosque in Pakistan’s restive Balochistan province.  The explosion occurred near Madina Mosque in the Mastung district.  The explosion took place when people were gathering to mark Eid Miladun Nabi, the birth anniversary of Prophet Muhammad.  Mastung’s Deputy Superintendent of Police (DSP) Nawaz Gashkori was among the deceased.  Balochistan interim Information Minister Jan Achakzai said rescue teams have been dispatched to Mastung.  Interim Interior Minister Sarfraz Ahmed Bugti strongly condemned the blast.  At least 34…

Nikki Haley slams Vivek Ramaswamy over TikTok and China in GOP Debate: ‘Every time I hear you, I feel dumber,’

Manish Kumar

The second GOP presidential debate was held in California on Wednesday night, featuring seven candidates who are vying for the Republican nomination to challenge President Joe Biden in 2024.  Ramaswamy, who recently joined the popular social media app, defended his decision as a way to reach “the next generation of young Americans where they are.”  Nikki Haley, 51, jumped in when Mr Ramaswamy was responding to a question about him joining TikTok, a social media site that has been banned by many countries, including India.  Republican presidential candidate Nikki Haley…

Raids underway in six states to arrest Punjab BJP leader Manpreet Singh Badal in corruption case

Manish Kumar

In a bid to nab former Punjab finance minister Manpreet Singh Badal, who has been accused of alleged irregularities in the purchase of a property case.  Punjab’s vigilance department filed a case against Manpreet Singh Badal in connection with alleged irregularities in the purchase of a property in Bathinda.  An FIR under sections of the law relating to cheating, forgery, and criminal conspiracy, and 13(1) of the Prevention of Corruption Act punishment for a public servant who commits criminal misconduct, in addition to the Information Technology Act, was registered against…

Asian Paints non-exec director Ashwin Dani passes away

Manish Kumar

India’s Asian Paints on Thursday said Ashwin Dani, non-executive director of the paint maker, passed away.   Dani had been associated with Asian Paints since 1968 and played a pivotal role in the company’s journey towards technological excellence.  He was instrumental in introducing India’s first computerized color mixing program, revolutionizing the industry.  Asian Paints expanded its operations globally under the leadership of Ashwin Dani, following which the firm became one of the leading paint companies in the world.  Forbes estimated his family’s net worth to be $7.7 billion, reflecting his…

Canada still committed to building ‘closer ties with India: Justin Trudeau amid diplomatic row

Manish Kumar

Relations between the two countries have deteriorated quickly after Trudeau’s explosive allegations of “credible evidence” of Indian “agents” being potentially responsible for Nijjar’s killing in June.  Pointing to the increasing influence of India worldwide, Trudeau said that it is “extremely important” that Canada and its allies continue to engage with India.  Trudeau said that he received an assurance from the US that Secretary of State Antony Blinken would raise the matter in a bilateral meeting with External Affairs Minister Dr S Jaishankar.  Tensions between India and Canada reached a boiling…

Karnataka is witnessing massive protests: 44 Flights Hit, Schools, Colleges Closed in Bengaluru Today

Manish Kumar

Karnataka is witnessing massive protests to oppose the Cauvery Regulatory Committee (CWRC) ‘s order to release of Cauvery water to Tamil Nadu.  The umbrella organization of Kannada and farmers’ outfits ‘Kannada Okkoota’ has called for a bandh.  Authorities have clamped prohibitory orders under Section 144 of the Criminal Procedure Code in Bengaluru Urban, Mandya, Mysuru, Chamarajanagara, Ramanagara and Hassan districts.  Schools and colleges have declared a holiday today.  44 flights scheduled to take off and land at the Kempegowda International Airport in Bengaluru early on Friday have been canceled.  The…