Bengaluru-based Mantri Developers’ Director stopped from flying to Singapore

Following a lookout notice in a cheating case, Snehal Mantri the wife of Sushil Mantri, the chairman and managing director of Mantri Developers Pvt Ltd, was detained shortly after she arrived at the airport to take a flight to Singapore.The director of Bengaluru real estate group Mantri Developers, Snehal Mantri, was detained at the Indra Gandhi International Airport in Delhi after a lookout notice was issued by the Union Ministry. In July, Eight FIRs were registered against Mantri developers after...

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Bhopal man dupes 50 women with job promise to meet expenses of 5 ‘wives’

Madhya Pradesh Special Task Force (STF) has busted a gang that defrauded over 50 women by promising jobs at the All India Institute of Medical Science (AIIMS) in Bhopal.The Madhya Pradesh Police had received a complaint that some people are duping women by promising them jobs as nurses at the premier state-run hospital. The matter was then handed over to the STF.After investigation, the STF arrested the leader of the gang Dilshad Khan, resident of Jabalpur and his associate Alok Kumar who is a resident...

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35 Foreigners Dead As Bus Collides With Excavator In Saudi: Report

Those involved were Arab and Asian pilgrims, according to local media, who carried pictures of the bus engulfed in flames and with its windows blown out to local media, who carried pictures of the bus engulfed in flames and with its windows blown out.The injured have been transferred to Al-Hamna Hospital, SPA added, and authorities have launched an investigation.The accident comes after four British pilgrims were killed and 12 others injured in Saudi Arabia when their bus collided with a fuel tanker...

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The contrast in the BJP and Congress campaigns | HT editorial

On Sunday, Prime Minister Narendra Modi and Congress leader Rahul Gandhi kicked off their campaigns in Maharashtra. They followed it up with rallies in Haryana on Monday. Both have started their public outreach in completely different circumstances in the two states. In Maharashtra, the Bharatiya Janata Party (BJP) is in pole position. Chief Minister Devendra Fadnavis has established himself as a skilled political manager. Its alliance with the Shiv Sena is in place. And the alliance looks set to return...

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‘Cut rates, reform more to revive economy’: IMF tells India

India should opt for further monetary policy easing and broad-based structural reforms to reverse a cyclical demand slowdown, the International Monetary Fund (IMF) said on Tuesday while slashing its growth projection for the country to 6.1% for the current fiscal from its July forecast of 7%.“In India, growth softened in 2019 as corporate and environmental regulatory uncertainty, together with concerns about the health of the non-bank financial sector, weighed on demand,” IMF said in its biannual...

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‘Going into a tailspin’: Nobel laureate Abhijit Banerjee on Indian economy

India-born Abhijit Banerjee, who was awarded the Nobel for Economics on Monday along with his wife and fellow MIT professor Esther Duflo and Harvard’s Michael Kremer, said the Indian economy is doing "very badly", citing declining household consumption data and that it's "going into a tailspin".Banerjee and Duflo, who work together in MIT's economics department and married in 2015, jointly addressed a news briefing at MIT, at which they spoke about the award, their work — "movement", they called...

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Ayodhya hearing in SC to enter final leg on October 14

The 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.A five-judge Constitution bench headed by Chief Justice of India Ranjan Gogoi, which started the day-to-day proceedings on August 6 after mediation proceedings failed to find an amicable solution to the vexatious dispute, has revised the deadline for wrapping...

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Post FM’s call, withdrawal limit for PMC Bank increased to Rs 40,000

The Reserve Bank of India on Monday raised the withdrawal limit for PMC bank account holders from Rs 25,000 to Rs 40,000. The change comes days after Finance Minister Nirmala Sitharaman reached out to central bank governor Shaktikanta Das on behalf of the depositors and got an assurance that the regulator would keep their concerns on top priority, Hindustan Times reported."We understand the justified worries of the customers," Nirmala Sitharaman tweeted on Saturday soon after she made the phone call...

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Indian-origin Abhijit Banerjee, wife Esther Duflo awarded Nobel Prize in Economics

Indian-American Abhijit Banerjee, his wife Esther Duflo, and Michael Kremer were awarded the 2019 Nobel Economics Prize on Monday for their approach to alleviate global poverty.Fifty-eight-year-old Banerjee was born in 1961. He studied in Calcutta University’s Presidency College and Jawaharlal Nehru University and then did a PhD from Harvard in 1988.Duflo, 46, is the second woman to win the economics prize after Elinor Ostrom got it in 2009, and is also the youngest ever to receive the economics...

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Kerala nun Mariam Thresia to be declared a saint by Pope Francis today

Sister Mariam Thresia will on Sunday become the fourth person from Kerala to be declared a saint by the head of Catholic Church Pope Francis in the Vatican City.The nun will be canonised during a mass at St Peter’s Square along with John Henry Newman from England, Italy’s Josephine Vannini, Swiss Marguerite Bays and Brazilian Irm Dulce Pontes.Sister Mariam Thresia was born on April 26, 1876, in Thrissur district’s Puthenchira and belonged to the Syro-Malabar Catholic Church. She was professed...

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