RBI hike: No loan effect, yet
If you have an outstanding home loan, car loan or personal loan, you can breathe a little easy, for now. Although the Reserve Bank of India raised key policy rates on Tuesday in a bid to control rising prices, banks have ruled out immediate hikes in lending and deposit rates. However, in the medium term — which is three to four months — all these rates are expected to go up as the economy grows and credit growth picks up.
Hit-&-run accused arrested on plane to Russia
An MBBS student who allegedly drove a speeding car that ran over 8 labourers, killing four of them, in south Delhi early on Monday has been arrested by the south Delhi police. The accused was trying to escape from the country and had boarded a plane to Russia when the police managed to catch him. The flight reportedly had to be stopped on the runway for his arrest.
B’luru police dress code for female bartenders
The Bengaluru police has come out with a sartorial solution to check the exploitation of women bartenders. The department has issued guidelines asking pub and bar owners to ensure that women bartenders are “appropriately” dressed. According to city police commissioner Shankar M. Bidari, the guideline includes a dress code for
Showers cool off city, traffic movement hit
A pleasant weather with showers being witnessed in various parts of the city on Tuesday brought with it the usual story of traffic jams on the roads, which continued way beyond the rush hour. The city received only 3 mm rain in the last 24 hours.
T-3’s full ops begin today
The new integrated Terminal-3 at the New Delhi IGI airport will witness the start of continuous international operations from Wednesday evening, with the arrival of an Air India flight from New York at 4.45 pm. However, domestic operations will begin from the T-3 only from August 27.
PCPA rendered headless body
With the death of Sidhu Soren, the Maoist-backed tribal body — People’s Committee against Police Atrocity — has been rendered headless. All the founder members of this outfit that spear-headed the Lalgarh movement in November 2008, have either been arrested, killed or are absconding. If the arrest of Chhatradhar Mahato, who was the convener of the PCPA, was the first blow, the killing of Sidhu on Monday was virtually the last nail in the coffin.
CBI wants sentence enhanced
The Central Bureau of Investigation (CBI) on Tuesday filed a criminal revision application in the sessions court here seeking enhancement of sentence against those convicted by the trial court in the criminal case linked with the 1984 Union Carbide gas disaster.
National award for 1st woman photographer
India’s first woman photojournalist, 97-year-old Homai Vyarawalla, has been selected for the first-ever national photography award for her contribution to the field before and after the Partition.
‘Pak should stop sheltering terror’
New Delhi has demanded of Pakistan to stop allowing the use of territory under its control for terrorist activities directed against India and other countries in the region. The official spokesperson of the external affairs ministry said here in a statement Tuesday that “sponsorship of terrorism, as an instrument of policy, is wholly condemnable and must cease forthwith.”
India, Burma sign five pacts
India and Burma on Tuesday agreed to enhance the cooperation between their security forces in tackling terrorism and to strengthen cooperation along the border, besides agreeing to a roadmap for closer economic engagement.