AS Indian Customs officials widened the net of inquiry a woman named Soumya confessed that her husband Sandip who is currently absconding was connected with the gold smuggling mafia. Soumya, who was taken into custody from Kochi said that Sandip smuggled gold from Dubai and he keeps close contact with Sarith and Swapna Suresh former UAE consulate employees and that both of them are  involved in the case.Meanwhile, mainstream media tried a futile attempt to name Sandip Nair as a CPI(M) activist.

THE Israeli prime minister, Benjamin Netanyahu, had announced that the formal annexation of 30 per cent of the West Bank by Israel would take place on July 1.  However, this did not happen on that date though Netanyahu maintained the preparations for the annexation are on.  The illegal annexation move emanated from the notorious “Peace to Prosperity” plan announced by President Trump on January 28 this year, with the Israeli prime minister beside him.  This atrocious plan amounts to the Jordan Valley of the West Bank and the lands on which the illegal Jewish settlements exist being annexed

JOHN Bolton, former national security adviser (NSA), in the Trump administration, in his controversial book The Room Where It Happened, has alleged the US President Donald Trump demanded that Japan pay $8 billion per year for costs associated with hosting American troops in Okinawa – or risk their withdrawal.Bolton’s memoir suggests that he met with his Japanese counterpart Shotaro Yachi, in July 2019 to explain “why Trump wanted $8 billion annually,” starting from next year, “compared to the roughly $2.5 billion Japan now paid.” Bolton’s figures may not be accurate because in 2019 Japan pa

BANKING Regulation (Amendment) Ordinance, 2020 was promulgated on June 26, 2020.  The ordinance seeks to amend the Banking Regulation Act, 1949, which regulates the functioning of banks and provides details on various aspects such as licensing, management, and operations of banks.  This ordinance comes in continuation of the Banking Regulation (Amendment) Bill, 2020 introduced in the parliament in March 2020 by the finance minister.The act shall not apply to primary agricultural credit society or cooperative societies whose principal business is long-term financing for agricultural developm

IT is already eight months since the Modi government announced BSNL’s revival package with much fan-fare. However, except retrenching 79,000 employees under the VRS, no worth-mentioning step has been taken by the government to revive BSNL. On the contrary, clandestine moves are being made by the government to weaken BSNL and to render it a lame duck.The tender floated by BSNL to procure 4G equipments has been stalled by the government.