Robert Vadra gets interrogated for six hours, next session today

Robert Vadra leaves ED office after six-hour-long interrogation, next session today

Robert Vadra came out of the office of the Enforcement Directorate after a marathon six-hour-long interrogation session over a money laundering case against him. Vadra, the husband of Congress General Secretary Priyanka Gandhi and brother-in-law of party president Rahul Gandhi, had appeared before the probe agency on Wednesday following a court order to cooperate in the investigation against him. During the gruelling question-and-answer session, he reportedly answered around 40 questions related to properties allegedly owned by him, his relation to other accused in the money laundering case and charges of kickbacks received in petroleum and defence deal during UPA regime. His statement was recorded under the Prevention of Money Laundering Act (PMLA).

Cabinet approves Rs 1,054 crore scheme for Prasar Bharati to boost broadcast infrastructure

In a significant boost to Prasar Bharati, the Union Cabinet on Wednesday approved a scheme under which the public broadcaster will be provided over Rs 1,054 crore for a three year period till 2020 for strengthening broadcast infrastructure and network development. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, gave its approval to the proposal of the Ministry of Information and Broadcasting regarding this.

WhatsApp promises to check fake news before 2019, without snooping on users; here's how

Whatsapp, the most popular messaging application in the country, has come up with measures to check misuse of its platform during the general elections slated to happen within a few months. The Facebook-owned online messaging client has warned political parties against using it as a bulk messaging or broadcasting platform, a senior WhatsApp official said

Banks yet to recognise Rs 3.5 lakh crore stressed corporate loans as NPAs: Report

Around Rs 3.5 lakh crore or 3.9 percent of the stressed corporate loans continue to remain unrecognised on the books of banks and nearly 40 percent of them may become dud assets by September 2020, warns a report. These accounts are part of the total stressed corporate exposure.

Jet Airways' pilots discuss airline's current situation; may take final call on payment delays in March

Pilots of crisis-hit Jet Airways this week discussed the current situation and are likely to take a final call next month in case the airline fails to adhere to the timeline set for partial payment of salaries, according to a source. Grappling with acute financial woes, the full-service carrier is looking to restructure debt and raise funds.

What will be the RBI monetary policy committee's stance in the first post-Budget statement?

The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, will announce the sixth bi-monthly monetary policy statement for 2018-19 tomorrow, and the big question is whether cuts in the repo rate and CRR are on the cards to ease pressure on banks. This is not only the first MPC meeting under Das, but comes less than a week after the Interim Budget