Overview

ED files prosecution complaint against 3 in Karnataka Bhovi corporation scam

ED files prosecution complaint against 3 in Karnataka Bhovi corporation scam

The Enforcement Directorate (ED) has filed a Prosecution Complaint (PC) against three persons in connection with a money laundering case originating from a fund transfer scam in Karnataka Bhovi Development Corporation (KBDC), an official said on Friday.

The three accused -- R. Leelavathy, B.K. Nagarajappa and P. D. Subbappa – are facing investigations over alleged misappropriation of funds from the KBDC – a Karnataka government agency set up for the development of Scheduled Castes below the poverty line.

The prosecution complaint was filed on June 3, 2025, the ED said in a statement.

New Zealand sees sharp rise in Covid-19, influenza

New Zealand sees sharp rise in Covid-19, influenza

New Zealand is experiencing a significant surge in Covid-19 and other respiratory infections, with recent data showing a sharp jump in hospitalisations and outbreaks across the country.

Healthline, the national medical advice service, reported an uptick in calls related to influenza-like illnesses, although the volume remains lower than the same period last year, reported on Friday.

The country is facing its coldest winter temperatures of the year, with some regions recently recording temperatures below zero and fresh snowfall covering parts of the South Island.

Bank of India cuts lending rate after RBI's repo rate reduction

Bank of India cuts lending rate after RBI's repo rate reduction

The Bank of India (BOI) on Friday reduced its repo-based lending rate (RBLR) by 50 basis points, bringing it down from 8.85 per cent to 8.35 per cent.

This move follows the Reserve Bank of India's (RBI) decision to cut the repo rate by 50 basis points, lowering it from 6 per cent to 5.5 per cent.

The central bank’s decision is aimed at boosting economic activity by making loans cheaper for businesses and individuals.

The RBI's Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, announced this rate cut during its latest policy meeting.

Gujarat govt approves Rs 1,700 crore for urban development across multiple cities

Gujarat govt approves Rs 1,700 crore for urban development across multiple cities

The Gujarat government on Friday announced that Chief Minister Bhupendra Patel has granted in-principle approval for development projects worth over Rs 1,700 crore in a single day. These funds will be directed to six newly-formed Municipal Corporations, five Municipalities, and the Ahmedabad and Gandhinagar Municipal Corporations.

The approvals come under the Swarnim Jayanti Mukhyamantri Urban Development Scheme, aimed at accelerating infrastructure growth and improving urban living standards across Gujarat.

Among the allocations, Ahmedabad Municipal Corporation is set to receive Rs 546 crore, while Gandhinagar will get Rs 32 crore.

The newly-established municipal corporations will share the remaining funds, with Morbi receiving Rs 270.08 crore, Surendranagar Rs 257.60 crore, Vapi Rs 251.91 crore, Anand Rs 148 crore, Navsari Rs 90.35 crore, and Nadiad Rs 71.91 crore.

Bangladesh: Rights body to drag Yunus to ICC over 123 killings

Bangladesh: Rights body to drag Yunus to ICC over 123 killings

New Delhi-based rights group Rights and Risks Analysis Group (RRAG) on Friday claimed that at least 123 Awami League members were victims of targeted murder under Muhammad Yunus’ regime, including 41 being hacked to death in Taliban style attacks.

RRAG Director Suhas Chakma said that they would approach the International Criminal Court (ICC) against the targeted murder under the Bangladesh caretaker government led by Chief Adviser Muhammad Yunus.

The rights group in a report, ‘Bangladesh: Organised murder for membership to the Awami League and its affiliate organisations’, released on Friday stated that at least 123 members of the Awami League and its affiliate organisations such as Swechasebak League, Chhatra League, Juba League, Matsojibi League, Krishak League were victims of targeted murder under the regime of Muhammad Yunus from August 5, 2024 to April 30 2025.

Gusty winds, thunderstorms, lightning to hit most parts of MP

Gusty winds, thunderstorms, lightning to hit most parts of MP

A couple of weather systems are responsible for this potential outbreak of inclement weather in the first week of June.

Meteorologists report that an upper air cyclonic circulation is present over northwest Rajasthan and its neighbouring areas at an altitude of 0.9 km above mean sea level.

Additionally, a trough extends from south-central Maharashtra to coastal Andhra Pradesh via north interior Karnataka and Telangana at an altitude of 1.5 km above mean sea level.

Another upper air cyclonic circulation over northwest Uttar Pradesh and its surrounding areas, extending up to 1.5 km above mean sea level, is expected to bring thunderstorms and lightning with gusty winds reaching speeds of 40 to 50 km per hour.

RBI’s jumbo rate cut a boost for capex and consumption: Industry chambers

RBI’s jumbo rate cut a boost for capex and consumption: Industry chambers

Leading industry chambers on Friday lauded the RBI’s rate cut decision, describing the continuation in the accommodative policy stance as a catalyst for boosting capex and demand across different sectors of the economy.

Assocham expressed delight at the 50-basis-point reduction in the policy interest rates.

"The MPC's repo rate cut of 50 basis points and cash reserve ratio cut of 100 bps is expected to reduce lending rates, spur growth in the economy and encourage borrowing from industry for capex," said Assocham President Sanjay Nayar.

Dhanush flaunts his new avatar in short hair and moustache for 'Tere Ishk Mein'

Dhanush flaunts his new avatar in short hair and moustache for 'Tere Ishk Mein'

Actor Dhanush is presently shooting for Aanand L Rai’s much-anticipated drama, "Tere Ishk Mein".

It seems like Dhanush will be seen as an Air Force officer in his next.

Now, adding to the hype, a new set of photos from the shoot have surfaced on social media.

CBI arrests Junior Engineer in Mumbai for accepting Rs 4.5 lakh bribe

CBI arrests Junior Engineer in Mumbai for accepting Rs 4.5 lakh bribe

The Central Bureau of Investigation (CBI) has arrested a Junior Engineer posted at the office of GE (NW), NOFRA, Mumbai, for allegedly demanding and accepting a bribe of Rs 4.5 lakh, a statement said on Friday.

The arrest was made during a trap operation conducted by the agency on June 5.

According to the CBI, the accused had allegedly demanded a bribe of Rs 5.5 lakh from the complainant for processing and clearing pending bills related to the complainant’s firm. After negotiation, the bribe amount was reduced to Rs 4.5 lakh.

Suspended ASI among four held in Samastipur; over 450 live cartridges, firearms seized

Suspended ASI among four held in Samastipur; over 450 live cartridges, firearms seized

In a joint operation conducted by the Special Task Force (STF) and Samastipur police in Bihar, four individuals, including a suspended Assistant Sub-Inspector (ASI) of police, were arrested after intense firing from both sides on Friday.

The joint team also recovered a large cache of firearms and ammunition from their possession. This is considered a significant achievement of the Bihar STF and Samastipur police.

The main accused, suspended ASI Saroj Singh, also known as Nimki Singh, was apprehended from his residence in Sultanpur Ganga Diara Village, under the jurisdiction of Mohiuddin Nagar police station.

Patori range Sub-Divisional Police Officer (SDPO) confirmed the incident.

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