Breaking News on March 6

Yes Bank founder Rana Kapoor's residence raided Friday night by the Enforcement Directorate in Mumbai, in connection with a money laundering probe against him. 

Must lend all support to public healthcare responders to carry out their duties effectively. Protocols for contact identification must be put in place; quarantine facilities must be set up urgently. Consider awareness campaigns, helplines, advisories to avoid public gatherings in view of COVID-19: Sonia Gandhi to Cong-ruled state CMs

1. Yes Bank employees will continue to get respective salaries: Sitharaman

2. Yes Bank crisis: Despite Sitharaman’s assurance, depositors flood branches; long queues at ATMs

3. RBI announces Yes Bank revival plan draft. Details here

4. Yes Bank crisis Live Updates: Moody's downgrades Yes Bank's ratings; ratings remain under review

5. 'No Yes Bank,' says Rahul, accuses government of 'destroying' economy

6. Yes Bank problem bank-specific, not sectoral: SBI chief Rajnish Kumar

7. Yes Bank ATMs across several cities run out of cash

8. Yes Bank crisis: PhonePe suffers outage after banking partner put under moratorium

9. Yes Bank resolution will be done very swiftly; 30 days is outer limit: RBI Governor

10. Paytm Payments Bank takes a dig on PhonePe over Yes Bank restrictions

Congress chief Sonia Gandhi writes to CMs of party-ruled states to ensure effective response, preparedness measures for tackling coronavirus.

Moradabad: Children play with colours on their last day of the examination, ahead of the festival of Holi, in Moradabad, Friday, March 6, 2020 (PTI Photo)

Vodafone Group CEO Nick Reed, accompanied by Vodafone India MD and CEO Ravinder Takkar, on Friday met Communications Minister Ravi Shankar Prasad, seeking relief to be able to meet the AGR demands and remain in business.

The global CEO had a 40-minute meeting with Prasad and Telecom Secretary Anshu Prakash in which he discussed the company's current financial situation.

Earlier, he had met Finance Minister nirmala Sitharaman at North Block.

Reed's India visit, ahead of final hearing of the adjusted gross revenue (AGR) issue by the Supreme Court, slated for March 17, is seen as pressing the government for relief. Sources said he apprised the minister of Vodafone Idea's poor financial conditions. The telco has the maximum AGR dues of Rs 53,000 crore, of which it paid Rs 3,500 crore last month.

(IANS)

Chamoli: People walk on a snow-covered road after heavy snowfall, at Gairsain in Chamoli district, Friday, March 6, 2020.  (PTI Photo)

Border Security Force on suspension of Retreat ceremony at Attari: BSF troopers will continue performing Retreat ceremony. As per govt guidelines,congregations are to be avoided,hence visitors to ceremony will not be entertained & it will be conducted without visitors.

Union Minister Nirmala Sitharaman on Yes Bank: Investigative agencies, SEBI noticed malpractices by top executives in March 2019. I have asked RBI to act so that the due process of law takes its course with a sense of urgency. #YesBank lent money to some of the very stressed corporations like Anil Ambani Group, Essel, Dewan Housing Finance Corporation (DHFL), Infrastructure Leasing & Financial Services Limited (IL&FS), and Vodafone.

A man has blown himself up near US embassy in Tunisian capital, say reports

Sensex sinks 893.99 points to end at 37,576.62; Nifty plunges 279.55 points to 10,989.45. 

Vodafone Idea says AGR liabilities at about Rs 21,533 crore as per internal calculation; files self assessment of statutory dues with DoT

"I've not met CM Kamal Nath. Last night, an attempt was made to abduct me. I just hope that in this political game, I am not abducted and killed. A lot of pressure is being put on me. I will always remain in BJP," he added. 

Milan's major stock index has fallen more than 3% in early trading. 

Traffic movement on Jammu-Srinagar highway affected following landslides at various locations along the highway in Ramban sector.

MLAs of the Rashtriya Janata Dal (RJD) brought a mouse today at the Assembly. Former CM & RJD leader Rabri Devi says, "This government blames rats if important files, medicines or liquor goes missing, so we have caught the rat & brought it to Assembly for punishment".

Bhima Koregaon case: Supreme Court today granted interim protection from arrest to accused Gautam Navlakha and Anand Teltumbde till March 16, when the SC will hear the matter again.

In a joint operation, 52RR, 177CRPF, and Sopore Police have recovered 3 hand grenades from an apple orchard near Kranshin village in Sopore. 

SC fixes April 14 for hearing of Delhi Police's plea against activist Harsh Mander for alleged hate speech. 

SC asks activist Harsh Mander to respond to allegations of making hate speeches during anti-CAA protests. SC says it has not issued contempt notice against activist Harsh Mander on allegations of making hate speeches in anti-CAA protest.

HC directs all govt hospitals to videograph autopsies of people killed in Delhi violence

Delhi violence: HC directs hospitals not to dispose of any unidentified body till March 11

Delhi violence: HC directs authorities to preserve DNA samples of all dead bodies

Supreme Court extends the interim protection from arrest till March 20 to Congress leader Hardik Patel, in a 2015 case relating to alleged violence and an FIR during Patidar rally in Vastrapur, Gujarat.

President Ram Nath Kovind today administered the oath of office to Bimal Julka as Chief Information Commissioner in the Central Information Commission.

Madhya Pradesh BJP MLA Sanjay Pathak on reports of him joining Congress said: "I was a part of BJP, I am a part of BJP and will always remain in BJP."

A ceremony attended by Abdullah Abdullah, Chief Executive officer (CEO) of Afghanistan has been attacked. More details awaited. 

Union Parliamentary Affairs Minister Pralhad Joshi in Lok Sabha said: "The government doesn't want to keep any MP outside the Parliament. But, what happened yesterday, never happened in the 70 years of independent India."

The Speaker has formed a committee that will inquire about the incidents that happened in the House between March 2 to March 5 and submit its report to Parliament. The Speaker will head this committee.

Maharashtra Deputy CM Ajit Pawar in state assembly said: "Central government did not approve funds last year for farmers who faced crop loss due to rainfall. Center only approved around Rs 956 crores, so instead of waiting for the Center's help, we took the initiative to help farmers."

A Bench of Chief Justice SA Bobde has tagged fresh petitions along with already pending petitions challenging the Constitutional validity of the Citizenship (Amendment) Act, 2019.

P Chidambaram said: "It shows complete regulatory failure. I wonder if this is the end or will there be more in the line.Yet govt keeps absolutely silent. Let's see what depositors of Yes Bank do,I think they are as worried as depositors of PMC Bank. Let's see what unfolds now."

 A Five-judge bench headed by Justice Arun Mishra says that landowners who refuse to accept compensation can't press for cancellation of acquisition

Supreme Court refuses to interfere with PIL, filed by social activist Yogita Bhayana, who sought a direction to quash the sedition charges registered against a school, teacher and parent for a play against CAA in Bidar, Karnataka

Union Finance Minister Nirmala Sitharaman in Delhi said: "Jet Airways is a case where cross border resolutions are happening and we have to be conscious that time bound decision making is important."

"I was very impressed when (NCLAT Chairman) Justice Mukhopadhaya told me that India today probably takes least possible time in resolving such issues. I am so happy that we could reach this situation with a robust law," she added. 

On 10th March (Holi festival) metro services will not be available till 2:30 PM on all lines of Delhi Metro including the Airport Express Line.

Rajya Sabha Chairman M Venkaiah Naidu said: "I appeal to all including the Govt & Opposition to discuss among themselves to come to some sort of meaningful solution to see that the House functions effectively."

Rajya Sabha adjourned till 11am on 11th March, following uproar by the Opposition

RBI Governor Shaktikanta Das said: "India is much more integrated to global economy than it was 10-20 yrs ago so it'll be impacted to some extent (by coronavirus) but it's not that integrated to global value chain as some other countries, to that extent India remains insulated."

Himachal Pradesh Chief Minister Jai Ram Thakur arrives at the state assembly in Shimla to present the annual state budget.

Chief Minister Uddhav Thackeray and Deputy Chief Minister Ajit Pawar paid respects to Chhatrapati Shivaji Maharaj's statue inside the state assembly, ahead of presenting the state budget today. 

Rahul Gandhi and other Congress MPs protest in front of Mahatma Gandhi statue at Parliament, demanding resignation of Union Home Minister Amit Shah over Delhi Violence.

Popular Front of India (PFI) has filed a curative petition in the Supreme Court over the Ayodhya land case verdict.

Congress leader Digvijaya Singh in Bhopal said: "State Cabinet expansion should be done after the budget session of the assembly."

Congress MPs Adhir Ranjan Chowdhury and Kodikunnil Suresh have given Adjournment Motion Notice in Lok Sabha over Delhi Violence.

Congress MPs Ghulam Nabi Azad and Anand Sharma have given Suspension of Business Notice in Rajya Sabha over 'need to provide relief to riot-affected families in Delhi and setting up of an independent inquiry commission'.

Italy, which has the biggest outbreak in Europe, has unveiled a 7.5-billion-euro ($8.4-billion) economic rescue plan as the coronavirus continues to hit its tourism industry hard

Rupee slides 65 paise against USD to 73.99 in opening trade

Sensex at 37,263.97; down by 1206.64 points

Union Finance Minister Nirmala Sitharaman & MoS Finance Anurag Thakur meet National Company Law Appellate Tribunal (NCLAT) Chairman Justice Sudhansu Jyoti Mukhopadhaya. Ministry Of Corporate Affairs Secretary Injeti Srinivas also present.

Heavy traffic on Barapullah flyover following rainfall in the city, today morning.

A Yes Bank ATM in Parel runs out of cash as people rushed to withdraw money following Reserve Bank of India's (RBI) decision to place the bank under moratorium & cap withdrawal limit at Rs 50,000.

India Meteorological Department (IMD): Light to moderate rain most likely over Delhi and adjoining areas during the next 2 hours. 

A high-level meeting was held on Thursday to review the state of national highways in Maharashtra. The meeting was attended by Maharashtra Chief Minister Uddhav Thackeray, Union Road Transport and Highways Minister Nitin Gadkari and state's Deputy Chief Minister Ajit Pawar.

Lieutenant Governor Girish Chandra Murmu launched the Student Health Card in Jammu yesterday, as a part of the government’s comprehensive school health education plan to ensure better healthcare for school children.

RBI imposed moratorium for a month on Yes Bank due to 'serious deterioration in its financial position', capping withdrawals at Rs 50000. Customers say "We weren't informed. Wanted to withdraw cash but ATM run out of cash,as many withdrew. We're in trouble,Holi is coming"

Around 80 girl students of a college in Coimbatore donated a portion of their hair which will be used to make wigs for cancer patients. Say, "We couldn't give financial support to cancer patients. If we donate hair, it'll bring happiness to some cancer patient out there"