SIT charge sheet in Prajwal Revanna case gives harrowing details
Former JD(S) MP Prajwal Revanna charged with rape and his father, MLA HD Revanna, with sexual harassment. The 2,144-page charge sheet details multiple offenses. | Latest News India Key Points
Hindustan TimesLand-for-jobs case: CBI summons former railways official
The Central Bureau of Investigation (CBI) has summoned a former railways official in the land-for-jobs case involving Lalu Prasad and his family. The agency plans to file a final charge sheet soon and start the trial in a local court. In a supplementary charge sheet filed in July last year, the CBI had revealed the alleged involvement of Gupta for the first time. It had also informed a local court that Gupta's role has been revealed during the investigation and certain other individuals are also under investigation. Key Points
Economic TimesExplained | Calculating electricity tariff in Karnataka
The Hindu explains how electricity tariff is calculated in Karnataka, what are the components of an electricity bill, why June’s bill was exponentially higher than previous months’ and more. Subscribe to read the exclusive story. Key Points
The HinduPhotos, videos: Delhi Police's proof against WFI's Brij Bhushan in charge sheet
The Delhi Police filed the charge sheet against Brij Bhushan Sharan Singh on Thursday. The court will hear it on June 22. | Latest News India Key Points
Hindustan TimesGovernment gives time till May 31 for Goods Transport Agencies to opt for GST payment
Goods Transport Agencies (GTA) in India have until May 31 to exercise the option of paying Goods and Services Tax (GST) on a forward charge basis for the current fiscal year, according to the finance ministry. Under GST, GTAs can either pay 12% tax with input tax credit or 5% without, and can choose to pass on the liability to the service recipient under reverse charge mechanism. The extension applies to new businesses or businesses that cross the registration threshold during the fiscal year by 45 days from the GST registration application date or one month from the registration date. Key Points
Economic Times
Restaurant bills: What is the game of the name?
Some of you may feel you have been misled into paying extra as the service charge gets added in the bill by default as taxes do. It may not be a restaurant con but it certainly is a case of misleading terminology used in an opaque manner. Key Points
Economic TimesFormer IDBI GM conspired with Vijay Mallya over short-term loan to Kingfisher Airlines: CBI
A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter’s Kingfisher Airlines, the Central Bureau of Investigation (CBI) said in its supplementary charge sheet filed in a Mumbai court. Vijay Mallya is an accused in the alleged ₹900-crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The Central agency had recently filed a supplementary charge sheet before a special CBI court, in Mumbai. Key Points
The HinduLiquor policy case: 'AAP could be made accused'
Central investigating agencies are likely to make AAP an accused in the Delhi liquor policy case, as the Enforcement Directorate is readying a supplementary charge sheet. The policy was scrapped by the Delhi government in August 2022. The charge sheet may highlight alleged beneficiaries, including AAP as a political party and Bharat Rashtra Samithi leader Kavitha Kalvakuntla. Kavitha has denied all allegations against her. Key Points
Economic TimesAmnesty International India received foreign funds without FCRA licence: CBI
The Central Bureau of Investigation (CBI) has filed an additional charge sheet against Amnesty International India Pvt Ltd (AIIPL), its former executive director Aakar Patel, and six others in a case involving alleged violations of the Foreign Contribution Regulation Act (FCRA) in 2019. The CBI, concluding its probe, filed the supplementary charge sheet on December 15, following its initial charge sheet in January 2022. The charges include criminal conspiracy under the Prevention of Corruption Act, accusing Amnesty of receiving foreign funding without the required FCRA license and disguising it as an investment. Key Points
Economic TimesPortfolios allocated to Ministers in new Congress govt in Telangana
Ministers were assigned the departments they will be in charge of in Telangana. Chief Minister A Revanth Reddy will be handling Municipal Administration, General Administration, Law and Order and all other unallocated portfolios. Deputy Chief Minister Mallu Bhatti Vikramarka was allocated the key portfolios of Finance and Planning, Energy. N Uttam Kumar Reddy was given charge of Irrigation and CAD, Food and Civil Supplies, while Damodar Rajanarasimha is now the Minister for Health, Medical and Family Welfare, Science and Technology. Key Points
Economic Times
Using ICICI, Yes Bank, or IDFC? Check new rules effective May 1
Several major banks in India are implementing changes to their savings account charges and credit card rules starting from May 1, 2024. Read here to find out these changes. Key Points
India TodayExecution-only platforms: What’s new for customers
“The current execution only platforms are only for the direct plans and do not profess to offer any kind of advice. So they will not have to register as an RIA. So this is a new digital platform category which SEBI has created. As far as investors are concerned, they have to understand that they are being given more and more choices today.” Key Points
Economic TimesFrigid weather can cut electric vehicle range and make charging tough. Here's what you need to know
Frigid temperatures have caused problems for electric-vehicle owners, such as reduced driving range and long waits at charging stations. In Oak Brook, Illinois, Teslas were running out of juice while waiting in line at a Supercharger station. Outside of Ann Arbor, Michigan, Teslas were plugged in at charging stations as the wind howled. EVs lose travel range in the cold, and charging is slower in extreme cold. Cold weather slows down the movement of lithium ions in EV batteries, affecting range and charging speed. Preconditioning the battery before charging and advancements in battery technology are ways to address this issue. Key Points
Economic TimesStocks in news: Delta Corp, IRCTC, Polycab India, Shyam Metalics, M&M
The union government has nominated Sanjay Kumar Jain for additional charge as IRCTC CMD. Accordingly, Seema Kumar relinquished additional charge for the post of IRCTC CMD. Key Points
Economic TimesFugitive Vijay Mallya had ₹7,500 crore in 2017, enough to repay banks: CBI
In the supplementary charge sheet, the agency has claimed that Mallya had sufficient funds at his disposal between 2008 and 2014. However, despite repeated promises of equity infusion in Kingfisher Airlines Limited (KAL) to lenders, including IDBI Bank, he didn’t follow through. | Latest News India Key Points
Hindustan Times
After INLD leader's killing, ADGP (law & order) among 15 IPS officers transferred in Haryana
Opposition is targeting BJP-JJP govt after Nafe Singh Rathee's killing. Five Haryana Police Services (HPS) officers also figure in transfer list. Key Points
ThePrintBankman-Fried campaign finance charge dropped, lessening trial's political focus
The decision by U.S. prosecutors on Wednesday to drop a campaign finance charge against Sam Bankman-Fried may keep his trial focused on what the government considers his main crime: stealing billions of dollars from cryptocurrency customers at his now-bankrupt FTX exchange. Key Points
ReutersWho is Cai Qi, said to be No.5 in Xi Jinping's power circle?
Cai Qi's role as China’s No. 5 also makes him the highest ranked official on a body in charge of convening the Politburo. | World News Key Points
Hindustan TimesMother of boy who shot teacher in Virginia arrested over child neglect, failing to secure gun
A mother of a six-year-old, who shot and injured his teacher, has been arrested in Virginia. She has been charged with felony child neglect and a misdemeanour charge of endangering a child by reckless storage of a firearm. Key Points
India TodayPopular Front of India was planning to target 10% Muslim population: NIA
In the charge sheet, NIA quoted a couplet extracted from one of the YouTube channels of PFI: Wahi purani riwayat ko lane wale hai, tumhe pata hai na hum log aane wale hai. Duniya ke har zalim se takrane wale hai, hum apni tarikh ko phir dohrane wale hai (loosely translated as 'will bring the old tradition, we are going to come. We are going to collide with every tyrant of the world, we are going to repeat our date again'). Key Points
Economic Times
Excise policy case: Delhi court lists supplementary charge sheet against Manish Sisodia for consideration
The Enforcement Directorate (ED) apprised the Delhi Court that a proceed of a crime of Rs 622 crore was generated due to the activities of the accused as Excise Minister. The submission was filed before the court by the special public prosecutor for ED during a hearing on a charge sheet against former deputy CM Manish Sisodia. Key Points
Economic Times₹776 cr liquor scam money went to ‘political executives’ in Chhattisgarh: ED
Anwar Dhebar, prime accused in the Chhattisgarh liquor scam, transferred ₹776 crore to "political executives" and planned to replicate the corruption model in Jharkhand. The Enforcement Directorate (ED) filed a charge sheet in the case, revealing that commissions and bribes were collected in four different ways. The ED has not disclosed the names of the beneficiaries of the ₹776 crore, but investigations are ongoing. Dhebar also moved large amounts of cash to Delhi and Mumbai through hawala and paid cash to the ruling party in Chhattisgarh for electioneering. | Latest News India Key Points
Hindustan TimesOppo Reno 10, Reno 10 Pro and Reno 10 Pro+ to launch in India on July 10. What we know so far
OPPO announces release date for Reno 10 series in India, featuring powerful batteries and fast charging capabilities. Reno 10 Pro+ equipped with 100W SUPERVOOC Flash charge technology. Key Points
mintFootwear maker Bata India's profit slides 38% on one-time charge
Bata India (BATA.NS) reported a 38% fall in second-quarter profit on Wednesday, hurt by a one-time charge and as inflationary pressures kept footfalls at its shoe outlets in check. Key Points
ReutersIndia's Greaves Cotton posts Q2 loss on one-off charge
India's Greaves Cotton (GRVL.NS) on Tuesday reported a second-quarter loss, hurt by a one-time charge relating to a government incentive for electric scooter sales and higher expenses. Key Points
Reuters
Be ready for 'massive changes' in ecosystem: SN Subrahmanyan
The future is closer than you think. There are basic and massive changes occurring in the ecosystem, energy change, sustainability as a way of life and digitalisation is impacting every aspect of business. We must be future ready, said S N Subrahmanyan, in his letter to the employees after taking charge of L&T on October 1. Key Points
Economic TimesAmazon appeals to French court to scrap planned 3 euro book delivery fee
Online retailer Amazon.com has appealed to France's highest administrative court to overturn part of a law seeking to charge a minimum 3-euro ($3.3) delivery fee for books purchased online, it said on Tuesday. Key Points
ReutersValentines Day deals: Top 10 neckband-style wireless earphones under ₹2000
Valentines Day deals: Explore the best wireless neckband earphones to gift your partner. Get premium features without draining your wallet. Key Points
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