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  1. Morning News Bulletin: Track Latest Stories

Morning News Bulletin: Track Latest Stories

The CBI has sought revocation of the passports of billionaire jewellery designer Nirav Modi and his partner Mehul Choksi who are the main accused in alleged fraudulent transactions of over Rs 11,400 crore through 150 letters of understanding issued by the Punjab National Bank, officials said.

By: | New Delhi | Updated: February 16, 2018 7:45 AM
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JNU students ‘gherao’ admin block over compulsory attendance issue

JNU students have gheraoed the administration block demanding a meeting with the vice-chancellor on the issue of compulsory attendance, and stopped Rectors Chintamani Mahapatra and Rana Pratap Singh from leaving the building. The two rectors could manage to leave the building only after an ambulance arrived there at 11 pm amid reports of some “medical emergency” with Mahapatra. As of now, it was not immediately known where Singh and Mahapatra were taken to. Earlier in the day, hundreds of students, led by the Jawaharlal Nehru University Students’ Union (JNUSU), picketed outside all the gates of the building and confronted and stopped senior university officials who tried to go out.

CBI seeks revocation of passports of Nirav Modi, Mehul Choksi

The CBI has sought revocation of the passports of billionaire jewellery designer Nirav Modi and his partner Mehul Choksi who are the main accused in alleged fraudulent transactions of over Rs 11,400 crore through 150 letters of understanding issued by the Punjab National Bank, officials said. Nirav Modi, who holds an Indian passport, left India on January 1, while his brother Nishal, a Belgian citizen, departed from the country on same day. However, whether they travelled together has to be probed, they said.

Manohar Parrikar admitted to Mumbai hospital with stomachache

Goa Chief Minister Manohar Parrikar was admitted in a private hospital in Mumbai after he complained of stomachache and underwent a check-up at Goa Medical College and Hospital (GMCH). He was admitted to Leelavati Hospital in Mumbai today. “His treatment is being overseen by senior oncologist P Jagannath,” said an official at the hospital. The official said, “Primary symptoms in Parrikar’s case appears to be of an ailment similar to what actor Amitabh Bachchan had been diagnosed with in 2005.” “Jagannath is the same doctor who successfully performed a surgery on Amitabh Bachchan for diverticulitis, a condition where balloon-like pouches develop in the large intestine.

Parliament panel seeks report from Finance Ministry over PNB fraud

A parliamentary panel questioned the finance ministry officials about the USD 1.77 billion fraud in the state-owned Punjab National Bank (PNB) and asked them to submit a report on it. The Parliamentary Standing Committee on Finance, which met to deliberate upon the demands for grant, today asked the ministry officials including Secretary Financial Services Rajiv Kumar that how can the tax payers’ money be used for recapitalising the bank which is not well managed. Secretary Financial Services Rajiv Kumar that how can the tax payers’ money be used for recapitalising the bank which is not well managed.

One week to go! GST mop-up in January blows past Rs 90,000 crore

The pace of goods and services tax (GST) revenue, which gathered momentum in December after hitting a nadir in November, has accelerated further in January in what could validate the Centre’s optimistic estimates of revenue from this comprehensive indirect tax in the recent Budget. According to official sources, January GST mop-up was over well over Rs 90,000 crore on Wednesday, even as close to a week remained for taxpayers to file the month’s tax returns.

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