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CBI books former CMD of Indian Railway Finance Corporation over alleged financial irregularities

September 4, 2023
Corruption

New Delhi [India], September 4 (ANI): CBI has registered a case against Amitabha Banerjee, former CMD of Indian Railway Finance Corporation (IRFC) in connection with irregularities in the purchase and distribution of exorbitant gold and non-gold items from funds of IRFC. The FIR into the matter reads that CBI has received a complaint that alleges financial embezzlement on the part of officials of IRFC including Amitabha Banerjee, the then CMD of IRFC (Indian Railway Finance Corporation) in connection with procurement/purchase and distribution of exorbitant gold and non-gold items from funds of IRFC. It further reads that vigilance, Railway Board scrutinized

No link between COVID-19 vaccines used in India and heart attack risk: Study

September 4, 2023
Health

New Delhi, Sep 4 (PTI There is no association between the COVID-19 vaccines used in India — Covishield and Covaxin — and increase in the risk of heart attacks, according to an observational study which emphasises the protective effect of the jabs. The research, published recently in the journal PLOS One, determined the impact of COVID-19 vaccination on mortality following acute myocardial infarction (AMI) or heart attack. The retrospective study used data from 1,578 people admitted to G B Pant hospital in Delhi between August 2021 and August 2022. As many as 1,086 (68.8 per cent) were vaccinated against COVID-19

No scope of corruption in Jammu and Kashmir now as all services made online: Chief secretary

September 4, 2023
Corruption

Srinagar, Sep 4 (PTI) Jammu and Kashmir Chief Secretary Arun Kumar Mehta has said that there is no chance of corruption in the Union Territory now as all services have been made online. He said various schemes and platforms have brought transparency in the system which has ensured that no money can be withdrawn fraudulently from the public exchequer. ”We have taken the initiative of making all services online. The aim is to create a corruption-free environment. Earlier it was said that out of one rupee, less than 10 paise would reach the ground. Today such a system has been

SBI announces UPI usage on its CBDC mobile application

September 4, 2023
Finance

New Delhi, Sep 4 (PTI) The State Bank of India (SBI) on Monday said it has implemented UPI interoperability in its digital rupee, called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility to its customers, SBI said in a statement. This cutting-edge feature, accessible through the ‘eRupee by SBI’ application will empower SBI CBDC users to effortlessly scan any merchant UPI QR code for swift and secure transactions, it said. SBI was among the first few banks to participate in the RBI’s retail digital e-rupee project in December 2022. ”The seamless

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The Sen Times news, The division of Sen Times Group Pvt Ltd, is India's largest bureaucracy news provider, reaching millions of people in India every day. The Sen Times provides business, financial, national and corruption news to the bureaucrats and government employees. Sen Times Group Pvt Ltd is a not-for-profit organization with no corporate parent, no shareholders and no government influence. Our mission is journalism, not profit margins.

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