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Krishnagar, Feb 14: Bengal became the first state to opt out of the National Health Protection Scheme unveiled in the Union Budget, with CM Mamata Banerjee announcing on Tuesday the state will not “waste” its hard-earned resources to contribute its share to the programme. “The Centre has drawn up a health plan in which 40% of the fund has to come from states. But why should the state spend on

Mumbai, Feb 14: The Reserve Bank of India’s (RBI) decision to tighten norms for resolution of stressed loans, currently estimated at over Rs10 trillion, will improve recovery prospects from bad loans but keep banks’ provisioning requirement at an elevated level, analysts said. Late on Monday, the central bank withdrew a host of norms such as strategic debt restructuring (SDR) and scheme for

NEW DELHI, Feb 13: The Indian Premier League (IPL), which started as a sideshow by the Board of Control for Cricket in India (BCCI) in 2008, is now set to account for nearly 95 percent of the board’s surplus. Captains-coaches meeting date advanced by BCCI BCCI’s projections of its income and spending in the coming financial year suggest that the IPL will earn a surplus of Rs 2,017 crore, while the

WASHINGTON, Feb 13: China is coercing its neighbours to reorder the Indo-Pacific region, the Pentagon told Congress in its annual budget proposals for the fiscal 2019, beginning October 1 this year. Trump administration on Monday released their proposal for the fiscal year 2019 budget. Fiscal years are different from calendar years. The budgetary proposal covers October 1, 2018, through September

Jammu, Feb 13: The body of another soldier was today recovered from the encounter site inside the Sunjuwan Military camp here, taking the death toll in the terror attack to 10, including six Army personnel and three terrorists of the JeM. The body of the Army jawan was recovered during the clearance operation at the camp last night, Jammu-based Army Public Relation Officer Lt Col Devender Anand

The Philippine government has officially put a stop to the deployment of Filipino workers to Kuwait on Monday. The move is in response to a series of incidents that led to the deaths and injuries of a number of overseas Filipino workers (OFWs) in the Gulf state. The head of the country’s Department of Labour and Employment (Dole), Secretary Silvestre Bello III, issued an order to enforce the

Karachi, Feb 12: Laying emphasis on friendly relationships between neighbouring countries Congress Party leader Mani Shankar Aiyar has said that he loved Pakistan as much as India. Speaking at a function in Karachi over the weekend, Aiyar said the need of the hour was for both countries to engage in uninterrupted dialogue. Aiyar said that while Islamabad has accepted the policy of and need for

Lucknow, Feb 12: Hundreds of students on Monday took to the streets in Allahabad town, pelting stones and torching a bus, to protest the brutal lynching of a Dalit law student by a group of people following an argument at a restaurant. The students, from Allahabad University and other degree colleges in the city, laid siege to the DM's office demanding immediate arrest of the culprits. Police

Srinagar, Feb 12: At a time when security forces are battling with Pakistan-sponsored militants at multiple fronts, Jammu and Kashmir Chief Minister Mehbooba Mufti on Monday advocated for Indo-Pak dialogue to "end the bloodshed". "Dialogue with Pakistan is necessary if we are to end bloodshed (in J&K). I know I will be labelled anti-national by news anchors tonight but that doesn't matter," she

Singapore, Feb 12: Embattled liquor tycoon Vijay Mallya has lost another legal battle linked to his now- defunct Kingfisher Airlines after the UK High Court awarded Singapore-based BOC Aviation an estimated $90 million in claims. The latest case involving the 62-year-old businessman, whose extradition case over alleged loan defaults amounting to around Rs. 9,000 crore returns to Westminster