Latest News: LIC Gets IRDAI Nod to Raise Stake in IDBI to 51%
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Indonesia Shuts Bali Airport Due to Ash From Volcano
Indonesia's airport in Bali will be shut on 29 June, until 7 pm local time due to the impact of volcanic ash from an eruption at Mount Agung on the resort island, the airport operator Angkasa Pura and the country's disaster agency told Reuters.
An eruption at the volcano had caused an ash column of 2,500 metres, Reuters reported.
Manali-Leh Highway Blocked
The Manali-Leh highway was blocked due to landslide on Friday, 29 June at Marhi in Himachal Pradesh, ANI reported.
Rupee Snaps Four-Day Losing Streak
A day after hitting the historic low, Rupee opened at 68.66 per dollar vs 68.79 per dollar on Thursday, snapping four-day losing streak.
Encounter Breaks Out in Kupwara, Jammu and Kashmir
An encounter is underway between security forces and terrorists in Kupwara district in Jammu and Kashmir, ANI reported.
Grenade Lobbed at Army's Patrol Party in Shopian
Terrorists lobbed a grenade at an Army patrolling party in Shopian's Ahgam in Jammu and Kashmir. One Army personnel got injured and the area is cordoned off, ANI reported.
Crime Branch Probe Against Malankara Church Priests
Crime Branch to investigate the sexual assault allegations against five priests of Malankara Orthodox Church in Kerala, reports ANI.
Militant Killed in Kupwara Encounter
An unidentified militant was on Friday killed in an encounter with security forces in the forests of Kupwara district of Jammu and Kashmir, PTI reported.
An army official told the news agency that security forces launched a search operation in the forest area of Trehgam in Kupwara following information about presence of militants.
PM Narendra Modi Vists Ailing Atal Bihari Vajpayee
Prime Minister Narendra Modi visited former Prime Minister Atal Bihari Vajpayee, who is currently undergoing treatment for a urinary tract infection, at AIIMS in Delhi, news agency ANI reported.
Lalu Prasad's Bail Extended
Former Bihar CM Lalu Prasad Yadav's provisional bail has been extended till 17 August by Ranchi High Court on health grounds, ANI reported.
He has been serving term in connection with fodder scam cases.
Army Jawan Posted in Jammu Goes Missing
An Army jawan who was posted in Jammu in the intelligence department went missing on 10 June, his family from Kanker in Chhattisgarh told ANI on Friday.
Knee-jerk Reactions Not Called For: Piyush Goyal on Rupee Fall
Interim Finance Minister Piyush Goyal said that he is confident that RBI and government will deal with Rupee volatility.
He added, 'No need for knee-jerk reaction to rupee volatility' as external factors are responsible.
Shailza Dwivedi Murder: Accused Nikhil Handa Sent to 14-day Custody
The Patiala House court today sent Major Nikhil Handa, accused of killing his colleague's wife, to a 14-day judicial custody, news agency ANI reported.
3 Militants Killed in an Encounter with Security Forces in Pulwama
Three militants were killed in an encounter with security forces which is underway in Pulwama's Chatapora in Jammu and Kashmir, reported ANI. Militants were reportedly trapped in a residential building.
One youth has also been killed in the clashes, reported PTI.
Madan Lal Saini Appointed Rajasthan BJP Chief
Rajya Sabha MP Madan Lal Saini was appointed as Rajasthan BJP Chief on Friday, 29 June, reported ANI.
China's Yuan Skids Toward Worst Month
After a sustained sell-off, China’s yuan and stock markets recovered some ground on Friday, yet investors were grappling with some of their worst losses in years as a bitter Sino-US trade row threatened to rattle the world’s second-biggest economy.
The yuan CNY=CFXS was set for its biggest monthly fall on record. Chinese stocks, on a downward spiral since late January, had their biggest day of gains in almost two years but still notched their worst monthly slide since January 2016.
4 ITBP Police Killed, 6 Injured in Arunachal Accident
Six Indo Tibetan Border Police personnel were critically injured after the bus they were traveling in was hit by a boulder near Arunachal Pradesh’s Likabali earlier on Friday, 29 June.
Four personnel have lost their lives in the incident, reported ANI.
Trump Says Will Raise Election Meddling with Putin in Helsinki Meeting
US President Donald Trump said on Friday he would raise the issue of alleged Russian meddling in US elections during his planned meeting with President Vladimir Putin in Helsinki next month.
Speaking to reporters aboard Air Force One on his way to New Jersey, Trump also said he would discuss the conflicts in Syria and Ukraine and other international issues with Putin during the July 16 summit.
"I'll talk to him about everything," Trump said.
"We're going to talk about Ukraine, we're going to be talking about Syria. We'll be talking about elections ... we don't want anybody tampering with elections."
Irdai Permits LIC to Pick up to 51% Stake in Debt-Ridden IDBI Bank
Insurance behemoth LIC will acquire up to 51 per cent stake in state-owned IDBI Bank after regulator Irdai approved the plan that will help convert the debt-ridden lender into a private sector entity.
According to sources, the board of Insurance Regulatory and Development Authority of India (Irdai) at its meeting held today in Hyderabad permitted Life Insurance Corporation (LIC) to increase the current stake from 10.82 per cent to 51 percent in IDBI Bank.
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