Arrested ex-UCO Bank chief got illegal gratification in loan fraud case, says ED

Kolkata, May 19 (IANS) Subodh Kumar Goel, the former chairman and managing director (CMD) of Kolkata-headquartered public sector commercial bank, UCO Bank, who was arrested by Enforcement Directorate (ED) last week, received “illegal gratification” from a corporate entity which was the principal beneficiary in a bank loan forgery case. The ED issued a statement on…

China’s industrial output, retail sales dip amid US trade tensions | International Trade News

Despite slowdown, data points to reliance of Chinese economy in the face of Donald Trump’s tariffs. China’s industrial output and retail sales growth have slowed amid trade tensions with the United States. Factory output grew 6.1 percent year-on-year in April, down from a 7.7 percent rise in March, data released by China’s National Bureau of Statistics showed…

Arrested ex-UCO Bank chief got illegal gratification in loan fraud case, says ED

Kolkata, May 19 (IANS) Subodh Kumar Goel, the former chairman and managing director (CMD) of Kolkata-headquartered public sector commercial bank, UCO Bank, who was arrested by Enforcement Directorate (ED) last week, received “illegal gratification” from a corporate entity which was the principal beneficiary in a bank loan forgery case. The ED issued a statement on…

Leaders attend Pope Leo XIV’s inaugural mass, including Zelenskyy and Vance | Russia-Ukraine war

NewsFeed Pope Leo XIV condemned hatred, prejudice and exploitation of the earth and poor, during his inauguration mass at the Vatican. World leaders were among the hundreds of thousands who attended, including Ukrainian President Volodymyr Zelenskyy who was seen shaking hands with US Vice President JD Vance and Secretary of State Marco Rubio. The first…

Markets hold steady at midday after Moody’s downgrade; Auto stocks lead gainers 

Benchmark indices traded marginally lower during Monday’s mid-session trading as investors continued to digest Moody’s recent downgrade of US sovereign credit rating. The Sensex stood at 82,288.30, down 42.29 points or 0.05 per cent, while the Nifty50 traded at 25,009.95, slipping 9.85 points or 0.04 per cent from its previous close as of 12:30 PM…

BBC uncovers child sex abuse

Mayeni Jones BBC News, Johannesburg Getty Images Illegal miners work in mines once owned by large multinationals, which abandoned them because they were no longer profitable This story contains details, including a video, that some people may find distressing. The most shocking thing for Jonathan, who had endured six gruelling months living and working underground…