LIVE news updates: RBI increases withdrawal limit to Rs 40k for PMC Bank depositors

The development came two days after angry customers of the scam-hit bank heckled Union Finance Minister Nirmala Sitharaman outside BJP office in Mumbai

LIVE news updates: RBI increases withdrawal limit to Rs 40k for PMC Bank depositors

NH Web Desk

14 Oct 2019, 7:17 PM

RBI increases withdrawal limit for PMC Bank depositors

The Reserve Bank of India (RBI) has enhanced withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd to Rs 40,000 from the earlier Rs 25,000, over six months.

Initially, the RBI had limited the withdrawal to just Rs 1,000 in six months. It was raised to Rs 10,000 and then to Rs 25,000 after angry protests by hapless depositors.

The development came two days after angry customers of the scam-hit bank shouted slogans in the presence of Union Finance Minister Nirmala Sitharaman outside BJP office in Mumbai.

In a related development, the Enforcement Directorate (ED) seized and identified movable and immovable assets worth more than Rs 3,830 crores owned by Housing Development and Infrastructure Limited (HDIL), its directors, promoters, PMC Bank officials and others related entities in the PMC Bank fraud case.

14 Oct 2019, 8:37 PM

Indian women team beat South Africa by 6 runs; win series 3-0

India were able to defend a modest 146 by bowling out South Africa for 140 in 48 overs.

14 Oct 2019, 8:31 PM

Woman Dies After Being Set Ablaze By Husband Over Argument In UP

The accused, a sugar mill employee, lost his temper and poured kerosene over his wife before setting her on fire, police said.

14 Oct 2019, 8:27 PM

DGCA cancels Wings Aviation Pvt Ltd license

Directorate General of Civil Aviation (DGCA) suspends Flying Training Organisation (FTO) approval granted to Wings Aviation Pvt Ltd, Begumpet Airport, Hyderabad, after two trainee pilots died in aircraft crash in Vikarabad district on 6th october.

14 Oct 2019, 7:47 PM

Hindustan Aeronautics Limited workers go on strike from today over wage issues

The trade unions are questioning discrimination between workers and executives in proposed pay hikes for workers and the hikes implemented for executives in the firm.

14 Oct 2019, 6:30 PM

Rahul Gandhi congratulates Abhijit Banerjee on winning Nobel Prize

Congress leader Rahul Gandhi on Monday congratulated Indian-American Abhijit Banerjee for winning this year’s Nobel Prize for Economics.

“Congratulations to #AbhijitBanerjee on winning the Nobel Prize in Economics. Abhijit helped conceptualise NYAY that had the power to destroy poverty and boost the Indian economy,” Rahul Gandhi said in a tweet.

“Instead, we now have Modinomics, that’s destroying the economy and boosting poverty,” he added.

Banerjee, his wife Esther Duflo and Michael Kremer jointly won the 2019 Nobel Economics Prize on Monday "for their experimental approach to alleviating global poverty."

Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University.

14 Oct 2019, 5:41 PM

Delhi court reserves order on ED's plea to arrest Chidambaram

A Delhi court on Monday reserved order for tomorrow on ED's plea seeking to arrest former Union finance minister P. Chidambaram in the INX Media alleged money laundering case.

14 Oct 2019, 5:22 PM

SC tells UP govt to provide security to state Sunni Waqf Board chairman

The Supreme Court has directed Uttar Pradesh government to provide security to UP Sunni Waqf Board chairman Zufar Ahmad Farooqui. Farooqui had informed the court's 5-judge Constitution bench that he feared for his life.

14 Oct 2019, 5:06 PM

Bihar CM Nitish Kumar chairs high-level meeting on water logging in Patna.

14 Oct 2019, 5:05 PM

Maharajganj DM, five other officials suspended over negligence in cow protection

14 Oct 2019, 4:09 PM

To jump-start economy, you need to put money in pockets of the poor and farmers, that's why we proposed Nyay Yojna, says Rahul Gandhi

14 Oct 2019, 4:09 PM

You will see Narendra Modi only with Trump and Ambani, but you will never see him with farmers, says Rahul Gandhi at election rally in Haryana

14 Oct 2019, 4:09 PM

Narendra Modi is the loudspeaker of Ambani, Adani as he only talks about them all day, alleges Rahul Gandhi at Nuh rally

14 Oct 2019, 4:09 PM

Narendra Modi, Khattar taking away your money and giving it to their 15 rich friends, says Rahul Gandhi in Nuh rally

14 Oct 2019, 4:08 PM

If you are true nationalists, why are you selling PSUs to your rich friends: Rahul Gandhi at Nuh

14 Oct 2019, 3:53 PM

Congress united people; BJP-RSS divide people and make them fight against each other like British: Rahul Gandhi

14 Oct 2019, 3:53 PM

Congress united people; BJP-RSS divide people and make them fight against each other like British: Rahul Gandhi

14 Oct 2019, 3:45 PM

Sensex ends 87.39 points higher at 38,214.47; Nifty up 29.40 points at 11,334.45

14 Oct 2019, 3:40 PM

Abhijit Banerjee, Esther Duflo and Michael Kremer win 2019 Nobel Economics Prize

Indian-American Abhijit Banerjee, Esther Duflo and Michael Kremer jointly won the 2019 Nobel Economics Prize on Monday "for their experimental approach to alleviating global poverty."

14 Oct 2019, 3:31 PM

Sourav Ganguly files nomination for post of BCCI President

Sourav Ganguly after filing his nomination for post of BCCI President, in Mumbai says, To be in a position where I can make a difference along with team would be extremely satisfying. Hopefully in next few months we can put everything in place & bring back normalcy in Indian cricket.

14 Oct 2019, 2:13 PM

Fire breaks out at a commercial building opposite Yash Raj Films studio in Andheri, Mumbai

14 Oct 2019, 1:45 PM

India is the best country for Muslims. Pakistan PM's call for jihad is shameful, says Naseeruddin Chishti

Naseeruddin Chishti, part of Sufi delegation visiting J&K,in Srinagar says, India is the best country for Muslims. Pakistan PM's call for jihad is shameful. Pakistan should go and fight in Palestine or China if so interested, we don't need their advice.

14 Oct 2019, 1:28 PM

Priyanka condoles demise of 11 people in Mau due to cylinder blast

“I am deeply saddened and hurt after hearing about death of 11 people in cylinder blast in Mau, Uttar Pradesh. May God give the grieving families strength in this tough hours,” tweeted Congress General Secretary Priyanka Gandhi

14 Oct 2019, 12:34 PM

One killed, two injured in road accident

One person was killed and two others were injured when the motorcycle they were travelling on was hit by a truck near Munshiganj crossing, police said on Monday.

14 Oct 2019, 12:13 PM

Postpaid mobile phone services in Kashmir restored

Postpaid mobile services on all networks were restored in the Kashmir Valley on Monday, 72 days after they were snapped following restrictions.

Some 40 lakh postpaid mobile phones have become operational from Monday noon.

14 Oct 2019, 11:44 AM

Day 38: Supreme Court's hearing in the Ayodhya land case begins

Supreme Court's five-judge Constitution bench, headed by Chief Justice of India (CJI) Ranjan Gogoi, starts today's hearing in the Ayodhya land case. Today is the 38th day of hearing

14 Oct 2019, 11:17 AM

HAL workers begin indefinite strike pressing for various demands including wage revision

All India HAL Trade Unions Coordination Committee (AIHALTUCC) had on Sunday announced the indefinite strike after talks with the management ended in failure.

"We are observing strike in all nine units of HAL all over India. More than 10,000 employees here are on strike and as a result work has come to a standstill," the AIHALTUCC chief convener Suryadevara Chandrashekhar told PTI.

14 Oct 2019, 11:09 AM

Uttar Pradesh man beaten to death after his bike hits boy in Meerut

In a shocking incident, a man was allegedly beaten to death by a group of people in Uttar Pradesh's Meerut city after his motorcycle hit a boy. Two other persons, who were on the motorcycle, have been admitted to a hospital after they suffered serious injuries in the accident on Sunday. Around 20 people were seen beating the man who died

14 Oct 2019, 10:01 AM

Sensex jumps over 150 pts on positive global cues

Equity benchmark BSE Sensex rose over 150 points on Monday led by gains in HDFC Bank, ITC and HUL, amid positive global cues and foreign fund inflow.

After opening on a volatile note, the 30-share index swung over 200 points in early trade. It was trading 105.79 points, or 0.28 per cent, higher at 38,232.87 at 0945 hours. Similarly, the broader NSE Nifty rose 34 points, or 0.32 per cent, to 11,340.80.

14 Oct 2019, 9:02 AM

Superstar Rajinikanth at Swami Dayananda Ashram in Rishikesh, earlier today

14 Oct 2019, 8:33 AM

J-K: Postpaid mobile services to be functional in Valley from today afternoon

14 Oct 2019, 8:22 AM

Protracted Ayodhya hearing in SC to enter final leg, Section 144 imposed in Ayodhya

The Ayodhya district administration has tightened curbs imposed under Section 144 till December 10, as protracted hearing in the politically sensitive Ram Janmbhoomi-Babri Masjid land dispute at Ayodhya will enter into the crucial final leg on Monday when the Supreme Court resumes proceedings on the 38th day after the week-long Dussehra break.

Posting a copy of the latest order on his Twitter account, District Magistrate Anuj K Jha wrote: “The order has been issued considering safety and security of Ayodhya and those visiting here…”

In another post, Jha wrote: “I must add that already there is another order in force since 31.08.2019 covering aspects of unlawful assemblies and undesirable activities. The order dated 12.10.2019 has been issued to cover a couple of points which were not there in the earlier order.”

The latest order prohibits the use of unmanned aerial vehicles in the area without permission. It also bars boating in the district, and the sale and manufacture of fire crackers.

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