Court sentences 16 persons, including Sivagiri Jamin legal heirs, to one day in prison for land grab

The case pertains to forging of land documents with the intention of grabbing the vast property of Ispahani in Nungambakkam. | Photo Credit: Special Arrangement The Chief Metropolitan Magistrate (CMM) court convicted and sentenced 16 persons, including legal heirs of Sivagiri Jamin, to one day in prison for forging land documents with the intention of grabbing…

Congress seeks to forge a lasting pact with Anvar, but is undecided on the compact’s nature

Congress leadership’s closed-door parley with All India Trinamool Congress  (TMC) State convener P.V. Anvar, here on Wednesday was reportedly a precursor to the United Democratic Front (UDF) forging a lasting pact with the former Left Democratic Front (LDF) independent legislator-turned- mutineer.  However, a Congress insider said the meeting was undecided on the character of the…

SBI Life Q4 Results Preview: APE likely to grow 8%, but 1st-year premium may decline 11%

SBI Life Insurance is scheduled to release its Q4FY25 results on Thursday, April 24, and early indicators suggest a mixed performance. According to Zee Business estimates, the insurer’s first-year premium (FYP) has declined by 11.4 per cent year-on-year to approximately Rs 3,871 crore a sharp drop that signals pressure in new policy subscriptions during the…

Various organisations stage protests in Kittur Karnataka districts against terror attack

Condemning the terror attack in Pahalgam, students led by ABVP office-bearers staging a protest by setting old tyres on fire in Hubballi on Wednesday. | Photo Credit: KIRAN BAKALE Condemning the terror attack in Pahalgam of Jammu and Kashmir and seeking strict action against terror perpetrators, various organisations staged demonstrations in the districts of Kittur…

RBI keeps watchful eye on sale of bad loans to ARCs

Are banks selling non-performing assets (NPAs) at undervalued prices? Are Asset Reconstruction Companies (ARCs) making large profits from these distressed loans? And is there a possibility of behind-the-scenes coordination between banks, ARCs, and borrowers? These are the concerns now drawing the attention of the Reserve Bank of India (RBI), which is keeping a close watch…

Two new fish species discovered in Western Ghats, resolving 155-year-old taxonomic puzzle

Researchers at the Centre for Peninsular Aquatic Genetic Resources, Kochi, of the National Bureau of Fish Genetic Resources claimed to have discovered two new species of freshwater fish from the Western Ghats — Labeo uru and Labeo chekida, resolving the taxonomic identity of Labeo nigrescens, a species first described in 1870 but shrouded in confusion for over a century. The…