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11:13 AM
SC agrees to hear Karnataka Lokayukta’s plea against grant of anticipatory bail to BJP MLA Madal Virupakshappa in corruption case
11:13 AM
Lok Sabha proceedings adjourned till 2 pm amid uproar over Rahul Gandhi’s democracy remarks
11:09 AM
Jaguar partners with Tata Technologies to accelerate digital transformation
Jaguar Land Rover is partnering with Tata Technologies, the global engineering, product development and digital services company, to accelerate the digital transformation of Jaguar Land Rover’s industrial strategy. The first phase will include UK core production facilities, with solutions subsequently deployed to other global locations. Tata Technologies will deliver end-to-end integrated Enterprise Resource Planning (ERP) to transform Jaguar Land Rover’s manufacturing, logistics, supply chain, finance and purchasing modules by bringing data and knowledge from multiple departments into one single source.
11:04 AM
SC on ‘Bhopal gas tragedy’ compensation
Sum of Rs 50 crore lying with RBI for victims of Bhopal gas tragedy shall be utilised by govt to satisfy pending claims: SC
Goa govt to hold high-level meeting to discuss monitoring of seasonal influenza subtype H3N2 as directed by Centre
– Health Minister Vishwajit Rane
10:52 AM
Bhopal Gas tragedy
Supreme Court rejects Centre’s curative plea for enhanced compensation for the victims of the 1984 Bhopal Gas tragedy from US-based firm Union Carbide Corporation, now owned by Dow Chemicals.
10:48 AM
PM holds meeting with top mins
PM Narendra Modi holds a meeting with his top ministers including Pralhad Joshi, Piyush Goyal Narendra Singh Tomar, Kiren Rijiju, Anurag Thakur and Nitin Gadkari in Parliament.
10:40 AM
AAP, BRS members protest in Parliament
10:39 AM
Funds affiliated with Blackstone sold their balance 20.5% stake in Sona BLW Precision Forgings
Before today’s transaction, Aureus Investment Private Limited and Blackstone held 33.0% and 20.5% respectively in Sona Comstar as the auto technology company’s co-promoters. This stake sale happened via bulk deals in the open market.
10:39 AM
Surekha Yadav becomes first female to operate Vande Bharat Express
Asia’s first woman loco pilot Surekha Yadav has become the first female to operate newly-introduced semi-high speed Vande Bharat Express train, Central Railway said today.
10:28 AM
Trinamool Congress MPs hold a protest in front of the Mahatma Gandhi statue in Parliament on Adani issue
10:16 AM
Gujarat Board Class 10 and 12 exams begin today
10:07 AM
FM Sitharaman to present Supplementary Demands for Grants for J&K in Rajya Sabha today
09:57 AM
Goa govt to hold meeting on H3N2 influenza
The Goa government will hold a high-level meeting on Tuesday to discuss monitoring of seasonal influenza subtype H3N2 as directed by the Centre, state Health Minister Vishwajit Rane said.
09:51 AM
Silicon Valley Bank Collapse: Oil prices fall $1 as SVB collapse spooks financial markets
Oil prices fell more than $1 on Tuesday, extending the previous day’s slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis. Brent crude futures were down 87 cents, or 1.1%, at $79.90 a barrel at 0345 GMT. U.S. West Texas Intermediate crude futures (WTI) dropped 85 cents, or 1.1%, to $73.93 a barrel. On Monday, Brent fell to its lowest since early January, while WTI dropped to its lowest since December.
Rahul Gandhi goes abroad and insults the country. He should come to the Parliament and apologise to the nation. He says that he is not allowed to speak in Parliament but his attendance in Lok Sabha is lower than the average attendance of MPs in Parliament
– Union minister Anurag Thakur
09:24 AM
Rupee falls 4 paise to 82.27 against US dollar in early trade.
09:12 AM
Congress Rajya Sabha MP Pramod Tiwari gives suspension of business notice under rule 267 on Adani stocks issue
08:59 AM
Jpmorgan Chase, Citigroup and other large financial institutions are trying to accommodate customers wanting to move deposits quickly – FT
08:55 AM
NIA raids underway in Kashmir
The National Investigation Agency on Tuesday conducted raids at multiple locations in Kashmir in connection with terror-funding cases, officials said. At the time of filing this report, the raids were underway in Anantnag, Pulwama and Shopian districts of south Kashmir.
08:45 AM
Moody’s downgrades Signature Bank to junk, places six U.S. banks under review
08:34 AM
GMR Airports Infrastructure unit issued Rs 8.40 billion non-convertible debentures on private placement basis
08:15 AM
Canada to start daily bank check-ins after SVB collapse – media
Canada’s banking regulator is increasing monitoring of domestic banks’ financial health as the fallout from Silicon Valley Bank’s collapse reverberates around the world, The Globe and Mail reported on Monday. The Office of the Superintendent of Financial Institutions (OSFI) took steps to begin daily check-ins with banks that will enable it to monitor their liquidity, the report added.
08:05 AM
South Korean shares dive on fears of U.S. banking crisis
South Korean shares fell nearly 2% early on Tuesday as fears of a U.S. banking crisis soured appetite for riskier assets. The won also weakened, albeit modestly, as foreign sell-off of local shares added to the weakened appetite for riskier assets including emerging-market currencies.
07:54 AM
Crypto lender Celsius to transfer funds from Signature Bank to other depositories
Crypto lender Celsius on Monday said that the firm is working with advisors to transfer funds from Signature Bank to other approved authorized depositories. “At this time, all cash belonging to the estate is secured,” Celsius said in a tweet.
07:44 AM
Silicon Valley Bank ‘conducting business as usual’, new CEO says
Silicon Valley Bank N.A’s new Chief Executive Officer Tim Mayopoulos said in a letter to clients on Monday that the lender is open and conducting business as usual.
07:37 AM
Taiwan says it hopes to bring back soldier who went to China
Taiwan’s defence minister said on Tuesday that the government is investigating the disappearance of a soldier serving on an offshore island who has been found in China, and vowed to bring him back. Speaking to reporters at parliament, Minister Chiu Kuo-cheng said: “We certainly hope to bring him back home. So how will we get him back? There are alternative channels we are pursuing.”
07:33 AM
Earthquake of magnitude 6.1 hits Port Moresby, Papua New Guinea
07:13 AM
Silicon Valley Bank, CEO Tim Mayopoulos says co is open and conducting business as usual – Letter
07:05 AM
FBI: Hate crimes showed another alarming rise in 2021
The number of hate crimes in the US jumped again in 2021, continuing an alarming rise, according to FBI data released Monday. The nearly 12 per cent increase marks a reversal of a previous, incomplete report from the agency that appeared to show a drop but was missing data from some of the nation’s largest cities, including New York and Los Angeles.
06:25 AM
Fed says it will review supervision of Silicon Valley Bank
The Federal Reserve will review its supervision of Silicon Valley Bank after it collapsed in the second-largest US bank failure on record, the Fed announced Monday. Michael Barr, the Fed’s vice chair for supervision, will lead the effort, the Fed said in a brief statement.
06:24 AM
UK boosts defense spending in response to Russia and China
UK Prime Minister Rishi Sunak pledged Monday to increase military funding by 5 billion pounds (USD 6 billion) over the next two years in response to Russia’s invasion of Ukraine and the “epoch-defining challenge” posed by China.
06:23 AM
Russia: 60-day extension of wartime grain deal acceptable
A Russian delegation at talks with senior UN officials said Monday that Moscow is ready to accept an extension to a grain export deal that has helped bring down global food prices amid the war with Ukraine – but only for 60 days as the Kremlin holds out for changes to how the arrangement is working.
06:22 AM
Seoul: North Korea launches ballistic missile toward sea
North Korea test-fired a ballistic missile toward its eastern waters Tuesday, the South Korean military said, in the country’s second weapons launch this week. The launch came a day after the U.S. and South Korean militaries began their largest joint field exercises in years on Monday.
06:19 AM
Biden announces nuclear-powered submarines for Australia
President Joe Biden and the leaders of Australia and the United Kingdom on Monday announced that Australia will purchase nuclear-powered attack submarines from the US to modernize its fleet amid growing concern about China’s influence in the Indo-Pacific. Biden flew to San Diego to appear with Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak as they hailed an 18-month-old nuclear partnership given the acronym AUKUS — for Australia, the United Kingdom and the United States.
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