Fraud-hit Punjab National Bank loses Rs 11,000 crore in m-cap in 5 days
NEWSPAPERS HEADLINES
Most newspapers today lead with stories related to the scams in the banking sector.
In its story headlined "PNB crackdown widens", The Tribune writes that Rs 22 crore worth jewellery has been seized, 7 properties have been attached and 3 more PNB officers have been held as part of the crackdown on Nirav Modi.
The Statesman reports that the arrested deputy manager of PNB had "illegally shared SWIFT password" with the directors of Nirav Modi's company.
The Pioneer banner headline reads, "At 3695 crores, Rotomac Pens' fraud gets bigger". The paper writes that CBI arrested the managing director of the company, Vikram Kothari, after the Bank of Baroda registered a complaint.
Business Standard headlines "Govt questions RBI on supervisory lapses". The paper writes that in its letter to the RBI, the government has also asked the Central Bank to review its rules to ensure that such incidents do no recur.
In another story, the paper writes that the Banks Board Bureau may wind up after its chairman Vinod Rai's term expires at the end of March. The Banks Board Bureau had been set up by the government as a makeover platform for state-owned banks.
"Rid Karnataka of commission regime, says PM" is the DNA headline. The paper quotes the Prime Minister as saying that the state needs a "mission" government under the BJP for all round development.
Hindustan Times quoting from an upcoming UNICEF report reveals that Pakistan is the riskiest nation to be born in, India is safer but not much". As per the report India is ranked 12th among 52 lower middle income countries in neo-natal mortality.
The Tribune reports that according to the Election Commission, the turnout for the Tripura assembly elections was actually an impressive 89.8% as against earlier reports of a 78% turnout.
In a story highlighting the disastrous impact of plastic bags on stray animals, Hindustan Times reports that doctors at Patna's Veterinary College removed 80 kg of polythene waste from the stomach of a cow after a three hour surgery.
And finally, researchers at Harvard University have found that chemicals used in food wrappers, non- stick pan coatings and even clothing may make you fat.
NEWSPAPERS HEADLINES
Most newspapers today lead with stories related to the scams in the banking sector.
In its story headlined "PNB crackdown widens", The Tribune writes that Rs 22 crore worth jewellery has been seized, 7 properties have been attached and 3 more PNB officers have been held as part of the crackdown on Nirav Modi.
The Statesman reports that the arrested deputy manager of PNB had "illegally shared SWIFT password" with the directors of Nirav Modi's company.
The Pioneer banner headline reads, "At 3695 crores, Rotomac Pens' fraud gets bigger". The paper writes that CBI arrested the managing director of the company, Vikram Kothari, after the Bank of Baroda registered a complaint.
Business Standard headlines "Govt questions RBI on supervisory lapses". The paper writes that in its letter to the RBI, the government has also asked the Central Bank to review its rules to ensure that such incidents do no recur.
In another story, the paper writes that the Banks Board Bureau may wind up after its chairman Vinod Rai's term expires at the end of March. The Banks Board Bureau had been set up by the government as a makeover platform for state-owned banks.
"Rid Karnataka of commission regime, says PM" is the DNA headline. The paper quotes the Prime Minister as saying that the state needs a "mission" government under the BJP for all round development.
Hindustan Times quoting from an upcoming UNICEF report reveals that Pakistan is the riskiest nation to be born in, India is safer but not much". As per the report India is ranked 12th among 52 lower middle income countries in neo-natal mortality.
The Tribune reports that according to the Election Commission, the turnout for the Tripura assembly elections was actually an impressive 89.8% as against earlier reports of a 78% turnout.
In a story highlighting the disastrous impact of plastic bags on stray animals, Hindustan Times reports that doctors at Patna's Veterinary College removed 80 kg of polythene waste from the stomach of a cow after a three hour surgery.
And finally, researchers at Harvard University have found that chemicals used in food wrappers, non- stick pan coatings and even clothing may make you fat.
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