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| 02 October, 2020, 04:25 AM IST | E-Paper
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Economic Times | 17 Sep, 2020 | 12.06AM IST

Updates: Banking Regulation (Amendment) Bill, 2020 passed by Lok Sabha

Finance Minister Nirmala Sitharaman said the legislation had been brought to protect the interest of depositors. The bill will replace an ordinance brought earlier by the government.

!1 New UpdateClick here for latest updates
12:06 AM

Wrap Up: All you need to know about the news that matter

  • Zhenhua data leak - GoI has constituted an expert committee under the National Cyber Security Coordinator
  • All India Kisan Sabha to hold 'Punjab bandh' on 25th September, against recent agriculture ordinances passed by the Centre
  • Union Minister Nitin Gadkari tests positive for COVID-19
  • Federal Reserve adjusts inflation target, rate unchanged
  • Lok Sabha passes Banking Regulation (Amendment) Bill that seeks to bring cooperative banks under the supervision of RBI
  • Prime Minister Narendra Modi expresses grief over the demise of Tirupati MP Balli Durga Prasad Rao
11:43 PM

Federal Reserve adjusts inflation target, rate unchanged

  • The Federal Reserve adjusted its inflation target to seek price increases above 2% annually
  • The move will most likely keep interest rates low for years to come
  • The Fed on Wednesday also left its benchmark short-term rate unchanged at nearly zero
  • Fed officials expect the rate to stay there at least through 2023
11:11 PM

Karnataka: Police today seized 18.4 kgs of ganja plants from a field at Kusugal village near Hubli. One accused arrested. Case registered under Narcotic Drugs and Psychotropic Substances (NDPS) Act.

11:10 PM

Prime Minister Narendra Modi expresses grief over the demise of PR Krishna Kumar

10:47 PM

Health institutions to be strengthened with equipment to ICUs/OTs, laboratories & power backup systems at dist level, manifold system, gas pipelines at SDH/CHC level, besides procuring Critical Care Ambulances: Department of Information & Public Relations, Jammu & Kashmir

10:47 PM

Tamil Nadu: 28 peacocks found dead in Kovilpatti. Investigation underway to identify the cause of death.

10:26 PM

Madhya Pradesh: With rising no. of COVID-19 cases, demand for oxygen gas cylinders is also increasing

“Oxygen demand has increased from 76,995 in June to 1,24,000 cubic meters in the month of August,” says Dr ID Chaurasia, Gandhi Medical College, Bhopal.
10:24 PM

The Union Territory of Ladakh reported 36 new COVID-19 cases and two deaths today; 19 patients cured and discharged: Department of Information & Public Relations, Ladakh

10:24 PM

Union Minister Nitin Gadkari tests positive for COVID-19

10:23 PM

Kochi Metro Rail Limited started the construction activities of eight more terminals of Kochi Water Metro today by starting the piling work at Eloor. KMRL MD Alkesh Kumar Sharma attended the ground-breaking ceremony at Eloor along with senior officials: Kochi Metro Rail.

09:35 PM

All India Kisan Sabha to hold 'Punjab bandh' on 25th September, against recent agriculture ordinances passed by the Centre

09:34 PM

Indian Medical Association has criticised the Union Government for not maintaining the statistics of doctors who have lost their lives while treating COVID19 patients of COVID19. IMA has demanded "martyrs" status for healthcare workers who have died during COVID19 duty

08:55 PM

MEA raised the issue of Chinese company Zhenhua Data Information Technology Co. which was allegedly spying on prominent Indians, with the Chinese Ambassador today. China said that Zhenhua is a private company and stated its position publicly: Sources

08:54 PM

Government of India is deeply concerned with any report that suggests that foreign sources are accessing or seeking to access the personal data of our citizens without their consent. GoI takes very seriously the protection of privacy and personal data of Indian citizens: Sources

08:54 PM

Zhenhua data leak - GoI has constituted an expert committee under the National Cyber Security Coordinator to study these reports, evaluate their implications, assess any violations of law and submit its recommendations within 30 days: Sources

08:42 PM

Under Kisan Rail Project, potential circuits for movement of vegetables, fruits & other perishables are being identified in consultation with Ministry of Agriculture & Farmers Welfare and Agriculture/Animal Husbandry/Fisheries Depts of State Governments: Ministry of Railways

08:23 PM

Reviewed IBSA activities & agreed on fund projects for food security, webinar on traditional medicine, trilateral agricultural cooperation, women’s forum, urban development discussions, ICT cooperation & next IBSAMAR Naval Exercise: Dr. S. Jaishankar, External Affairs Minister

08:22 PM

Prime Minister Narendra Modi expresses grief over the demise of Tirupati MP Balli Durga Prasad Rao

08:21 PM

Government of Assam issues instructions to be followed in Kamrup Metropolitan District during "Biswakarma Puja" and "Mahalaya" tomorrow, in view of the ongoing COVID-19 pandemic & continuous rise in positive cases in the district; only 15 people allowed in 'puja' offering places.

08:21 PM

Anguished by the capsizing of a boat in Kota, Rajasthan. My thoughts are with those who have lost their near and dear ones.

- Prime Minister Narendra Modi

08:20 PM

Highest single-day COVID-19 recovery recorded in Odisha with 4121 discharges today. The total number of recovered cases now stands at 1,29,859: Health & Family Welfare Department, Odisha

08:14 PM

Lok Sabha passes Banking Regulation (Amendment) Bill that seeks to bring cooperative banks under the supervision of RBI

07:42 PM

The demand for oxygen cylinders has suddenly increased due to rising cases. Vehicles carrying oxygen for #COVID19 patients will be treated as ambulances & free passage will be given to them: Maharashtra Health Minister Rajesh Tope

07:12 PM

State Cabinet has approved Balasaheb Thackeray Accidental Insurance Scheme. The Scheme will ensure accident victims receive immediate treatment in hospital. Under this scheme, a victim will get maximum benefit of Rs 30,000 or free treatment in hospital:Maharashtra Health Minister

07:02 PM

A delegation headed by Deputy CM Ajit Pawar will meet Sharad Pawar Ji in Delhi on the issue: Maharashtra Agriculture Minister Dada Bhuse on the ban on onion exports

06:34 PM

Supreme Court issues notice to govt on a petition challenging several provisions of Special Marriage Act, 1954, saying it compels parties to disclose their private details & publish it for open scrutiny. A Bench headed by CJI SA Bobde asks govt to file its response on the plea.

06:33 PM

Special Cell identified a 'Delhi Protest Special Group' on WhatsApp. An accused made a clear reference to roadblocking & inciting violence. Confrontation with law enforcement agency mentioned by a key conspirator. Top conspirators created the groups: Delhi Police Official

06:32 PM

Defence Minister Rajnath Singh to make a statement on India-China border issue, in Rajya Sabha tomorrow

06:32 PM

There are approximately over 22,400 associations/NGOs which are registered under the Foreign Contribution (Regulation) Act,2010. Each such association/NGO has opened at least one FCRA account in bank.

- Ministry of Home Affairs

06:32 PM

CJI, Chief Justices of various high courts, Bar Council of India & various universities. Suggestions have been received & Report of Committee subject to examination by MHA: MoS Home G Kishan Reddy in a written reply

06:31 PM

A Committee has been constituted under VC-National Law University, Delhi to suggest reforms in criminal laws. MHA has sought suggestions from Governors, CMs, LGs & administrators of UTs...: MoS Home G Kishan Reddy in a written reply

06:19 PM

No. of deaths (civilians & security force personnel) in Left Wing Extremism related violence has reduced consistently from 1005 in 2010 to 202 in 2019. In 2020 (till 15.08) deaths reduced from 137 to 102 in comparison with the corresponding period of 2019: MoS MHA G Kishan Reddy

06:18 PM

PM Modi to dedicate the Kosi Rail Mahasetu to the nation through video-conference on 18th September. PM to also inaugurate 12 rail projects related to passenger facilities for the benefit of the Bihar State: Prime Minister's Office

06:02 PM

ED attaches agriculture land, commercial plots, buildings in Udham Singh Nagar, Uttarakhand along with balances in bank accounts of Barinder Singh, Balwant Singh and others under Prevention of Money Laundering Act (PMLA) in National Highway 74 scam: Enforcement Directorate (ED)

06:02 PM

Central Public Works Department opens financial bids for the construction of new Parliament building. Tata Projects Ltd has submitted a bid of Rs.861.90 crores and Larsen and Toubro Ltd has submitted a bid of Rs.865 crores: Sources

05:43 PM

The quick estimate of the Index of Industrial Production (IIP), released by the Ministry of Statistics and Programme Implementation for the month of June, 2020 stands at 107.8 as compared to 53.6 and 89.5 in April, 2020 and May, 2020 respectively: Ministry of Commerce & Industry

05:43 PM

India’s overall export (merchandise plus services) has declined by 25.42% during the period April-June, 2020 as compared to the corresponding period of the previous year: Ministry of Commerce & Industry

05:28 PM

Crimes of loot, murder & rape have gone up in Jharkhand. Since COVID situation, more than 75,000 cases of crime were registered. Acting DGP has been appointed against SC order. Request MHA to end the constitutional crisis there: Dr N Dubey, BJP MP-Godda, Jharkhand, in Lok Sabha

05:28 PM

Maharashtra government has decided that 12,500 more police personnel will be recruited in the state police: State Home Minister Anil Deshmukh

05:23 PM

Defence Minister Rajnath Singh and Union Ministers Piyush Goyal, Thaawarchand Gehlot, Prahlad Joshi and V. Muraleedharan, and Rajya Sabha MPs Ghulam Nabi Azad, Anand Sharma and T Siva present in the meeting

04:59 PM

At present, around 550 tariff lines are under 'Restricted/ ‘Prohibited’ category for imports under Foreign Trade Policy, which are restricted from all countries including China: Commerce Minister Piyush Goyal in a written reply to a question in Lok Sabha on Chinese products ban

04:58 PM

The charge sheet in Delhi riots case filed today does not have names of Umar Khalid and Sharjeel Imam as accused. As they were arrested a few days ago, their names will be in the supplementary charge sheet.

04:51 PM

Kerala: Additional Chief Judicial Magistrate Court (Economic Offences) in Kochi granted bail to KT Ramees, an accused in #KeralaGoldSmugglingCase. He was arrested from Vettathur in Malappuram on July 12.

04:34 PM

Security increased outside bungalows of Amitabh Bachchan and Jaya Bachchan in Mumbai, a day after she told Parliament that the film industry was being defamed by some and asked the government to protect and support it

04:34 PM

Delhi Police Special Cell files charge sheet against 15 accused in riots case under sections of Unlawful Activities (Prevention) Act, IPC and Arms Act.

04:33 PM

The financial status of 277 urban cooperative banks is weak. 105 cooperative banks are unable to meet the minimum regulatory capital requirement. 47 banks have net worth in negative. 328 urban cooperative banks have more than 15% gross NPA ratio: FM Sitharaman in Lok Sabha

04:33 PM

Supreme Court issues notice to Ministry of Civil Aviation and Directorate General of Civil Aviation, on a plea seeking to install a fail-safe mechanism-Engineered Material Arresting System (EMAS)- to stop aircraft from overshooting runways at airports like Mangaluru and Kozhikode

04:20 PM

Lok Sabha: Finance Minister Nirmala Sitharaman moves Bill to amend the Banking Regulation Act, 1949

"We are trying to bring this amendment to protect the depositors. As in some unfortunate situation in banks, depositors are put to hardship," FM Sitharaman
04:19 PM

Film industry is facing a huge financial crisis. Condition of the Bengal film industry is also bad. Thousands of people lost their jobs. Request the govt to sanction relief packages for the entertainment industry and its people for their immediate revival.

- TMC MP Nusrat Jahan

04:10 PM

Investigations by NIA revealed that IS is most active in Kerala, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, West Bengal, Rajasthan, Bihar, UP, Madhya Pradesh & Jammu & Kashmir: MoS MHA G Kishan Reddy in a written reply to a question in Rajya Sabha today

04:07 PM

National Investigation Agency (NIA) has registered 17 cases related to the presence of IS in southern states of Telangana, Kerala, Andhra Pradesh, Karnataka & Tamil Nadu & arrested 122 accused persons: Ministry of Home Affairs (MHA)

04:07 PM

Some instances of individuals from different states, including southern states, having joined the Islamic State (IS) have come to the notice of Central & State Security Agencies: Ministry of Home Affairs (MHA)

03:50 PM

Kerala: Police use water cannon on NSUI workers in Kochi during their protest march to the police commissioner's office demanding the resignation of minister KT Jaleel for his alleged role the Kerala gold smuggling case.

03:50 PM

China is indulging in digital aggression. Our national security is tattered. I request the IT Minister to build an impregnable firewall to resist this new menacing syndrome. The Minister should explain the issue in the Parliament: Congress MP Adhir Ranjan Chowdhury in Lok Sabha

03:37 PM

'National Education Policy a visionary start in the sector'

Addressing a national webinar on creating awareness on National Education Policy, 2020, the Defence Minister Rajnath Singh said, "It is the first policy in the history of the country, in which 2.5 lakhs gram panchayats, 6,600 blocks and 676 districts played role in its formation. In a true sense, it is a national policy. It is a historic and visionary start in the education sector in the country."
03:24 PM

Fadnavis asks Goyal to lift ban on exports

Former Maharashtra Chief Minister and BJP leader Devendra Fadnavis has written to Union Commerce and Industry Minister Piyush Goyal, requesting him to lift the ban on onion exports.
03:11 PM

Delhi BJP Chief Adesh Gupta tests positive for COVID-19

02:56 PM

Babri criminal trial verdict on September 30

In compliance with Supreme Court Order dated August 22, Special CBI judge SK Yadav is set to pronounce his judgement in the Babri mosque demolition criminal trial on September 30. All the accused, including L K Advani, Kalyan Singh, Uma Bharati and MM Joshi to remain present in court to receive the ruling.
02:40 PM

Three firing incidents between India-China in last 20 days

  • Having gone 45 years without a bullet being fired along the Line of Actual Control (LAC), India and China had at least three firing incidents between their troops in Eastern Ladakh in the last 20 days over the ongoing territorial dispute.
  • In the third incident, which occurred on September 8 near the northern bank of Pangong lake, troops of both sides fired more than 100 rounds as the Chinese side was behaving in a very aggressive manner, Army sources said.
02:33 PM

'PMC Bank asked other major banks for a merger'

PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from a big borrower have been disrupted by the coronavirus pandemic, the bank's administrator said in a court filing.
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