The Financial Express
Latest news today (March 4): Presenting FE’s Breaking News today. We will keep you updated on all major news, views and much more throughout the day.
An earthquake of 3.6 magnitude struck Jammu and Kashmir’s Doda district on Monday, National Center for Seismology said. According to the National Center for Seismology, the earthquake occurred at around 9:17 pm. In a post on X, NCS said, “Earthquake of Magnitude:3.6, Occurred on 04-03-2024, 21:17:27 IST, Lat: 33.04 and Long: 75.83, Depth: 10 Km ,Location: Doda, Jammu and Kashmir, India.” Further details are awaited.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Monday announced the rollout of a monthly financial aid of Rs 1,500 to all women in the 18-60 age group. This aid is provided under the flagship ‘Indira Gandhi Pyari Behna Sukh-Sammaan Nidhi Yojana’. (ANI)
Nineteen people were injured when a truck rammed into their bus from behind here in the early hours of Monday, police said. The accident took place on National Highway 335A in the Hafizpur area. The bus was going from Bihar to Haridwar in Uttarakhand. When it reached Akdauli village here, a truck hit it from behind, injuring 19 people, including the bus driver, according to police. (PTI)
On Monday, the BJP kicked off its election campaign in Thiruvananthapuram with a bike rally and a roadshow led by NDA candidate Rajeev Chandrasekhar. Welcoming him at Thiruvananthapuram Airport were BJP state president K Surendran and former Mizoram Governor Kummanam Rajasekharan as he arrived from Bengaluru.
On Monday, Jagat Prakash Nadda, the BJP president, resigned from his position as a member of the Rajya Sabha representing Himachal Pradesh. This decision follows his election as a Rajya Sabha member from Gujarat, prompting him to vacate his seat from Himachal Pradesh, according to officials.
Former India skipper MS Dhoni who led Chennai Super Kings (CSK) to their fifth IPL title hinted at a “new role” ahead of the upcoming season. Dhoni took to Facebook and expressed his excitement about the upcoming season and dropped a hint about his “new role” leaving fans speculating about what Dhoni could be referring to.
The government, alarmed by the increasing addiction to online gaming among young people, plans to conduct a research study to comprehend the problem better, address impulsive behavior, and encourage healthy digital habits. Led by the Ministry of Consumer Affairs, the study aims to pinpoint the factors leading to excessive online content consumption and establish a framework for predicting, alerting, and intervening with suitable coping mechanisms.
The State Bank of India requested an extension until June 30 from the Supreme Court to disclose information regarding each electoral bond encashed by political parties. Last month, the Supreme Court had instructed SBI to provide these details to the Election Commission by March 6 in its ruling.
Jharkhand Chief Minister Champai Soren unveiled development projects worth Rs 587 crore in Giridih district on Monday. Among these 156 projects was a Rs 66-crore dairy plant in Yogitand, for which he laid the foundation stone. The plant will have the capacity to process 50,000 litre of milk per day. (PTI)
On Monday, the Reserve Bank took action against IIFL Finance, prohibiting it from approving or releasing gold loans due to significant supervisory concerns in its gold loan portfolio. However, IIFL Finance is allowed to manage its current gold loan portfolio through regular collection and recovery procedures, as stated by the RBI. (READ MORE)
Apple was hit with an EU antitrust fine of over 1.8 billion euros ($1.95 billion) on Monday, its first ever, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store. The European Commission’s decision was triggered by a 2019 complaint by Swedish music streaming service Spotify over this restriction and Apple’s 30% App Store fees. (Reuters)
On Monday, United Rentals announced its agreement to purchase Yak Access for approximately $1.1 billion in cash. United Rentals, a provider of tools and equipment for construction and industrial purposes, anticipates utilizing a mix of fresh debt financing and existing capacity from its Assets-based Lending (ABL) facility to finance the acquisition and associated costs.
The Board of Directors of Tata Motors (TML) has approved the proposal of demerger of Tata Motors into two separate listed companies housing the Commercial Vehicles business and its related investments in one entity and the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. (Read More)
A Bharatiya Janata Party (BJP) delegation visiting Sandeshkhali in West Bengal was halted at Malancha, North 24 Parganas.
Bitcoin rallied to a two-year high on Monday, breaking above $65,000 as a wave of money carried it within striking distance of record levels. The price hit a session high of $65,537 early in Europe, having already hit a new two-year high in Asian trading. It was last up 4% at $65,045. Bitcoin hit a record $68,999.99 in November 2021. (Reuters)
Spanish bank Santander has cut around 320 jobs in the United States as it seeks to focus more on digital operations, a person familiar with the matter said. The euro zone’s second largest bank by market value laid off about 2.4% of its total workforce of 13,489 at the bank’s group operations in the United States, the person said. (Reuters)
Bharatiya Janata Party‘s Kuljeet Singh Sandhu on Monday won the elections for Senior Deputy Mayor of Chandigarh, securing 19 votes. Voting for the post of Deputy Mayor and Senior Deputy Mayor of Chandigarh began on Sunday amid tight security arrangements. The BJP got 19 votes, while the INDIA bloc (Congress + AAP) got 16. One vote was declared invalid. (ANI)
Kazakhstan’s largest city, Almaty, experienced an earthquake that prompted numerous individuals to seek safety outdoors as sirens sounded on Monday. According to Kazakhstan’s emergencies ministry, the earthquake, with an estimated magnitude of around 5 in Almaty, was also felt in Bishkek, the capital of neighboring Kyrgyzstan.
Congress MP Rahul Gandhi addresses the Bharat Jodo Nyay Yatra.
https://twitter.com/ANI/status/1764530389241004490
Police stated on Monday that 81 tourists stranded in Himachal Pradesh’s Spiti Valley due to road closures following heavy snowfall have been relocated to safer areas. Meanwhile, the state emergency operation center reported that over 650 roads, including five national highways, remained shut for vehicular traffic on Monday due to multiple avalanches and landslides triggered by continuous rain and snow over the past three days.
Supreme Court overturns 1998 verdict, ends immunity for MPs, MLAs in bribery cases. (Read More)
Atishi, the Finance Minister of Delhi, seeks blessings from the mother of former Deputy CM, Manish Sisodia. She is set to present shortly.
Sunrisers Hyderabad is eyeing a major leadership reshuffle ahead of the IPL 2024 season 17 that begins on March 22 later this month. According to latest media reports, Australian star cricketer Pat Cummins, who successfully led the winning side against India in the ICC ODI World Cup 2023, is likely to be appointed as the captain of the Sunrisers Hyderabad. (Read More)
China’s National People’s Congress (NPC), or parliament, will hold its annual meeting in Beijing from March 5 to March 11, NPC spokesman Lou Qinjian told reporters at a news conference on Monday. (Reuters)
Delhi Chief Minister Arvind Kejriwal has agreed to appear before the Enforcement Directorate (ED) after March 12. An official statement by AAP stated, “Arvind Kejriwal has asked for a date after March 12 from ED. After that, Arvind Kejriwal will attend the hearing via video conferencing.”
The National Investigation Agency (NIA) will take over the probe in the Bengaluru Rameshwaram cafe blast case, which took place on Friday (March 1).
Two shooters namely Saurav and Ashish have been nabbed from Goa in a joint operation by Jhajjar Police, Delhi Police Special Cell and Haryana STF for the murder of Haryana INLD chief Nafe Singh Rathee. “Search is underway to nab two more shooters,” Jhajjar Police told ANI.
Two shooters namely Saurav and Ashish have been nabbed from Goa in a joint operation by Jhajjar Police, Delhi Police Special Cell and Haryana STF for the murder of Haryana INLD chief Nafe Singh Rathee. “Search is underway to nab two more shooters,” Jhajjar Police told ANI.