Lenders seek anonymity for officers tagging wilful defaulter accounts
Lenders seek RBI guidance on protecting officers' identities identifying defaulters. Recent court order mandates disclosing committee members. Indian Banks Association seeks advice too. Risks highlighted for officers personally named. Key Points
Economic TimesHolika Dahan 2024: Do's and Don'ts to observe tradition with reverence, responsiblity
Holika Dahan 2024 is observed on the eve of Holi, symbolizing the victory of good over evil. People gather around bonfires to offer prayers and seek blessings, celebrating with rituals and devotional songs. Key Points
mintUS set to restrict China's access to cloud computing - WSJ
The Biden administration is preparing to restrict Chinese companies' access to U.S. cloud-computing services, the Wall Street Journal reported on Tuesday, citing people familiar with the situation. Key Points
Reutersseek Army help, says Kejriwal as Yamuna floods Delhi roads, causes traffic jam
ITO crossing area, the busiest traffic intersection in Delhi, was flooded after a drain regulator broke down on Thursday. Chief Minister Arvind Kejriwal today directed officials to seek the help of the Army and disaster relief force as key areas in Delhi remain flooded amid rising water levels in Yamuna River. Key Points
India TodayEnd of Zee-Sony deal may trigger a spate of legal wranglings
The Sony Group's decision to call off its deal with Zee Entertainment Enterprises and seek a termination fee of $90 million is likely to trigger a messy legal war. Both companies can approach an arbitration tribunal or a high court for interim relief. Disputes relating to changes in the merger scheme can be challenged before the arbitral tribunal. Zee Entertainment can also invoke arbitration and seek interim measures as per the agreement. Key Points
Economic Times
After 3-hour questioning, ED arrests TMC's Shahjahan for non-cooperation
India News: Sheikh Shahjahan arrested after non-cooperative questioning. Faces 15-16 land grabbing complaints. ED seeks custody in Rs 12 crore properties attached Key Points
Times Of IndiaEPFO likely to credit 8% in poll year
The retirement fund body is also likely to seek the board's nod to substantially increase its investment in stocks to 15% from around 10% now to enhance the return on investments. This being an election year, the government will ensure a sustainable rate of return on provident fund (PF) deposits which is also at par with the existing rates to avoid any backlash, said an EPFO board member. Key Points
Economic TimesYouth no longer shy of seeking psychiatric help: Gen Z demand for mental health drugs lifts sales 9 per ce
Consider this. Neuro-psychiatry medicines are among the top 10 therapies in the country and the category is valued ₹11,774 crore, data from pharmaceuticals market research firm Pharmarack show. Mental health platform Mind Peers says the number of people seeking therapies has increased 80% in the last few months and almost 85% of these patients are below the age of 35 years. Key Points
Economic TimesIsrael-Hamas War LIVE Updates: Israel doesn't seek to occupy Gaza, no rift with Biden over ceasefire, says Netanyahu
Israeli Prime Minister Benjamin Netanyahu said his country did not seek to occupy or govern the Gaza Strip once the war against Hamas ends, allaying the US's concerns that the Jewish nation could go ahead with such action in a post-conflict situation. He also denied any sort of disagreements between him and US President Joe Biden, saying it "had taken longer than he had hoped" for a decision to be reached on a humanitarian pause in the war. Follow Indiatoday.in for live updates. Key Points
India TodayUS does not want war with Iran, but warns of 'decisive' response if Americans are attacked anywhere
Blinken speaks to the 15-member UN Security Council amid international fears the conflict between Israel and Iran-backed Palestinian Hamas militants in Gaza Strip could spill over into a wider war. The United States told the United Nations on Tuesday that it does not seek conflict with Iran, but Secretary of State Antony Blinken warned that Washington would act swiftly and decisively if Iran or its proxies attacked US personnel anywhere. Key Points
The Tribune India
Hedge fund JAT pushes Overstock.com to mull options -filing
Hedge fund JAT Capital on Monday urged Overstock.com (OSTK.O) to consider selling certain assets and overhauling its management and compensation, warning it may seek board seats if its suggestions are ignored, a regulatory filing on Monday showed. Key Points
ReutersED has no authority to subject any person to custodial interrogation, argues counsel for Senthilbalaji’s wife
Appearing before the Madras High Court for arrested Minister V. Senthilbalaji’s wife Megala, Senior counsel N.R. Elango questioned the authority of Directorate of Enforcement (ED) to insist upon custodial interrogation of her husband. He contended the Prevention of Money Laundering Act (PMLA) of 2002 does not confer the powers of a Station House Officer (officer in-charge of a police station) on any official of the ED and therefore the latter cannot seek custody of an arrested person. Key Points
The HinduChina blames ‘negative impact’ of U.S. military drills for North Korea tensions
China blamed the “negative impact” of U.S. military drills for tensions on the Korean peninsula, after Pyongyang fired a ballistic missile that prompted Japan to briefly issue a seek shelter warning. Key Points
The HinduJail canteen menu to pending cases: Inmates in Delhi jails turn into RTI activists
Explaining the process of inmates filing RTI requests, another official said the prisoners usually write their applications by hand and submit them to the respective jail superintendents. The jail superintendents then transfer the applications to the authorities concerned. Key Points
The Indian ExpressRani Mukerji prays at Kamakhya temple on 45th birthday
Rani Mukerji, who turned 45 on March 21, made a solo trip to seek blessings from Guwahati's Kamakhya temple. She left Mumbai on Tuesday morning. | Bollywood Key Points
Hindustan Times