Sikkim News Today - Live Updates & Latest Sikkim News

01 Mar

SBI stops the handling trade with sanctioned Russian entities

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The top lender of India will not process any transactions involving Russian entities subject to international sanctions imposed on Russia after its invasion of Ukraine. SBI also urged to clients the extra precautions while handling any transactions related to sanctioned countries. SBI also sought information from Indian oil companies about their exposure to Russia including stakes in Russian assets, funds received from Russia in the previous year and lenders involved in routing these transactions. A senior SBI executive said that, "We have a significant international presence and we need to comply with US and EU regulations as we are present…

01 Mar

BharatPe’s co-founder Ashneer Grover resigns from board to stay single shareholder

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The Co-Founder and Managing Director (MD) of BharatPe Ashneer Grover has resigned. It has been said that Grover embroiled in controversy over the past two months after he was abused a Kotak Mahindra Bank employee. His resignation comes days after his wife Madhuri Jain was sacked by the company's controller on charges of misappropriation of funds. They both went on leave from January. Valued at USD 2.8 billion, BharatPe serves over 75 lakh merchants across 150 cities. The company has already facilitated the disbursement of loans totalling over 3,000 crore to its merchants since its launch. BharatPe has raised over…

26 Feb

Bihar women share their experience with CM Nitish Kumar after liquor ban

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In 2016, liquor ban implemented in the state of Bihar. It’s time to review life and share women’s experience after that implementation. On 27th February, some women from Nalanda and Patna districts will be sharing their experiences with Chief Minister of Bihar Nitish Kumar at a function which is scheduled in Bihar. The event is a part of the ongoing Samaj Sudhar Abhiyan Yatra of CM Nitish Kumar. The Supreme Court faced with a deluge of bail petitions arising out of Bihar government’s 2016 liquor prohibition law and asked the state government whether it conducted any study before framing the…

25 Feb

Earthquake of 6.2 magnitudes hits Sumatra Island of Indonesia

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Indonesia’s 17,000 islands are vulnerable to frequent earthquakes as the country falls in the Pacific Ring of Fire, a horseshoe-shaped belt of volcanic eruptions and earthquakes. Indonesian Agency for Meteorological, Climatological and Geophysics (BMKG) said that Earthquake of 6.2 magnitudes hits near the western coast of Sumatra Island of Indonesia. The earthquake's epicentre was on land and had no tsunami potential. As per United States Geological Survey (USGS), the seismic event occurred at a depth of 12.3 km at 7.09am (local time). There were no reports about of casualties or structural damages till now.

25 Feb

Former group operating officer of NSE Anand Subramanian arrested by CBI

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The former group operating officer of National Stock Exchange (NSE) Anand Subramanian was arrested by the Central Bureau of Investigation (CBI) after he was questioned about his role at the country's largest stock exchange. In the midst of the investigation, the emails exchanged between the former CEO of NSE Chitra Ramkrishna with a Yogi living in the Himalayas have gained wide attention. The CBI questioned Ramkrishna for 12 hours in the ‘tick-by-tick’ manipulation case - that pertains to the unfair dissemination of information from the servers of the exchange to those of the stock brokers. Market regulator Securities and Exchange Board…

24 Feb

Precision weapons used as Russia attacks Ukraine

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Russian President Vladimir Putin announced a military operation in Ukraine. Ukraine President Volodymyr Zelenskyy said that he tried to reach out to President Putin warning that Kremlin could start a major war in Europe. Here are some latest updates about the crisis: Military command centres in the capital city of Kyiv and another city Kharkiv have been attacked by missile strikes. Precision weapons were used in attacks. Blasts were heard in the separatist-held eastern Ukraine city of Donetsk. In growing support at the United Nations, countries - including China that has usually backed Russia - spoke about Ukraine's sovereignty. UN…

23 Feb

India fuel prices go up because of Ukraine crisis

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As the Ukraine crisis spooked the oil market already struggling to meet rising demand, the global benchmark crude Brent raced towards the $100 per barrelmark. So, in India fuel prices go up by Rs 7 to 8 per litre. Pump prices have remained unchanged. The sharp in- crease has widened the gap between the actual cost and retail prices of petrol and diesel. As per ballpark, every $1 increase in crude price impacts retail rate by 70-80 paise. As Brent hit $98/barrel, the mix of crude bought by India, otherwise known as the Indian Basket, too rose to $93. 6,…

22 Feb

After Kremlin’s big move Russia and Ukraine at United Nations emergency meeting

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The United Nations Security Council convened an emergency meet in a bid to prevent a full-scale conflict as With the Russia-Ukraine tensions escalating to the next level. The emergency huddle was convened by the global peace body's political chief, who condemned Russia’s recognition of separatist areas Donetsk and Luhansk in eastern Ukraine. UN undersecretary-general Rosemary DiCarlo told the attendees that all the members involved should immediately focus on ending hostilities during the meeting. He expressed deep concern over civilian casualties, damage to civilian infrastructure and relentless shelling between the Ukrainian government forces and the Russia-backed separatists. The US ambassador Linda…

21 Feb

S Jaishankar met with French Foreign Minister Jean Yves Le Drian in France

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On the first day of his three-day visit to France, External affairs minister Subrahmanyam Jaishankar met with the French Foreign Minister Jean Yves Le Drian. Jaishankar and his French counterpart exchanged assessment over raging Ukraine situation with French President Emanuel Macron doing heavy diplomatic lifting to resolve the crisis diplomatically. In the meeting with Indian envoys in Europe, the minister is likely to spell out the Modi government’s vision for Europe as well as shared the assessment of Indian ambassadors. Next month India and France hold the next round of their strategic dialogue in India and the current visit between…

18 Feb

Ahmedabad 2008 serial bomb blasts case

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A special court designated for the speedy trial of the 2008 serial bomb blasts in Ahmedabad sentenced 38 of the 49 convicts to death under provisions of UAPA and IPC 302. The 11 others were sentenced to life imprisonment. Special Judge AR Patel give a compensation of Rs 1 lakh to those who had died in the blasts. The Special Judge had declared 49 out of 78 accused as guilty on 8th February under various offences of the Indian Penal Code, including for murder, sedition and waging war against the state, as well as under offences of the Unlawful Activities…