If a stock or an index falls below 200-DMA, it means the stock or the index is in a long-term bear phase. Bank of Maharashtra , Dhanlaxmi Bank, Dena Bank , Allahabad Bank and Punjab National Bank are 27-36 per cent below their 200-DMA levels.The 200-DMA is a long-term average and is considered a major support level. The PNB issue brings into question the entire regulatory framework in which the banking sector operates. The Nifty PSU Bank index ended up 0.8 per cent at 3,136.55 after losing 11.7 per cent in the previous six trading session. Private sector banks will succeed in that case,” said Sinha.

February 21, 2018 02:15 UTC

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February 21, 2018 02:15 UTC

The court has said there will be no civil consequences for now. If there is some kind of design or agreement to achieve certain purposes, we may be allowed to probe it. The regulator did not heed the incumbents’ arguments that Jio had indulged in predatory pricing. CCI’s director general was to complete the probe in 60 days.Incumbents then challenged the order in Bombay High Court and won a favourable order. CCI wrote to the telecom regulator alleging that the latter had infringed CCI’s turf by examining aspects of dominance and predatory pricing as part of a consultation paper on tariffs.

February 21, 2018 02:03 UTC

Nasscom, the software services industry lobby, said it expects export revenues to grow between 7% and 9% in fiscal year 2019 (FY19). Graphic: MintA year ago, Nasscom had deferred the release of its annual revenue forecast by three months, citing uncertainties in the short term. From the looks of it, it has better visibility this year. The software services industry lobby said it expects export revenues to grow between 7% and 9% in fiscal year 2019 (FY19). It said spends on digital services will grow 1.5-2 times overall growth rates in FY19.

February 21, 2018 02:03 UTC

In his seventh grade, Kumar suddenly bloated and gradually started to develop sagging breasts. “A hormonal imbalance during puberty leads to over formation of breast gland in men, which leads to them protruding from chest,” Dr Gupta said. At Skinnovation Clinic in Model Town of North Delhi, Dr Gupta operates on at least three to four men who complain about the disorder and wish to have perfectly flat chests. “An incision of three to four mm was yet again made on the sides, the hormonal gland was broken, and technologies like MicroAIR and VASER were used to ensure perfect removal,” said Dr Gupta. Most kids are in a dilemma over sagging breasts as they do not figure out that its a hormonal problem.

February 21, 2018 02:03 UTC

We remained silent as there had been no communication from the government of India in this regard. It is only the first stage at present.And the idea is to verify those who are Indian nationals. We had a Bangladesh delegation led by the industry minister for the Advantage Assam summit. We had important ministers from Assam including Himanta Biswa Sarma, who came here in a delegation. We hope to have a high-level visit to Assam shortly from Bangladesh.

February 21, 2018 01:52 UTC

BENGALURU: Digital wallet companies may be staring at the end of the road as the Reserve Bank of India’s February-end deadline approaches for them to meet full know-your-customer norms for all their users.The total number of customers who have submitted their KYC details is in ‘low single-digit’ percentage, according to industry executives. Wallet providers not complying with the requirements within 12 months would face severe operational restrictions, it warned.While industry body Payments Council of India has requested RBI to look into the issues plaguing the industry, there is hardly any reason to believe the regulator might reconsider imposition of its full KYC requirement, say industry experts. On Tuesday, RBI met with industry representatives and heard out their grievances related to the revised PPI guidelines.Executives at multiple payment companies said while the digital wallet industry has been growing strongly, RBI wants them to increase use cases such as offline payments and peer-to-peer transactions. The industry is predominantly driven by domestic remittances business, which has the largest share of digital wallet transactions in India . RBI data show that of 288 million mobile wallet transactions recorded in Dec, only 99 million were towards payments for goods and services.

February 21, 2018 01:52 UTC

The list of victims includes brothers Sanjay Kumar and Arvind Kumar, aged 33 and 35, from Uttarakhand. “We’d sealed the deal at Rs4.5 lakh and reached Bharatpur’s Kama on November 22 to buy the car,” Arvind said. “Now, online portals have become a convenient way.”Even men in uniform have been targeted. “I was asked by an acquaintance if my car was up for sale after he saw it on the portal. An OLX spokesperson said that the company, too, has advised users to avoid “risk-prone areas such as Mewat and Bharatpur” while transacting through the online portal.

February 21, 2018 01:52 UTC

The administration did not say exactly how much notice it received from North Korea that the meeting had been called off, nor where the meeting would have taken place or under what conditionsNor was it immediately clear whether North Korea scheduled the meeting before the vice president arrived in South Korea or after he had already arrived. The day before landing in Pyeonchang, Pence told reporters that "we haven't requested a meeting with North Korea. Ostensibly, Pence would have met with one or both of those significant North Korean figures.Pence's guest for the Olympic Opening Ceremonies was Fred Warmbier, the father of Otto Warmbier, the U.S. student who died in 2017 shortly after he was released from North Korean detention. The White House cast that meeting as part of the Trump administration's "maximum pressure" campaign to counter the North Korean nuclear program. The plan centers around rallying the international community to further isolate North Korea both diplomatically and economically.

February 21, 2018 01:41 UTC

“We won Phulpur in 2014 when I became an MP, again in 2017 (assembly polls), and we will win it again in 2018 and 2019. People are with the BJP… this is my karmabhoomi (field of action),” he said.“The future of both SP and Congress is in darkness in UP. “I don’t think anyone would like to vote for SP in a Lok Sabha election.Thodi bahut ladai 2022 mein hai… tab woh ladne ki koshish ek baar phir kar sakte hain (SP can try to put up a bit of a fight in 2022 assembly elections only). “Our message is clear that we will not show any mercy towards criminals.”“Forty-one criminals are dead after having fired upon the police. Maurya, however, said, “We have helped the victim’s family and all the accused have been jailed.

February 21, 2018 01:41 UTC

Modi, Choksi and their companies have been accused of defrauding Punjab National Bank through the misuse of letters of undertaking (Lo-Us) and other instruments. She had been named as the face of Nakshatra diamonds in 2016. “Post my contract, for a couple of years till now, Gili used my pics even though legally they can’t.” Choksi remained unavailable for comment.Current Gili brand ambassador Kriti Sanon’s agent declined to comment. Vijay Subramaniam, cofounder of Kwan Entertainment, the agency representing Sanon, said the matter was sub judice.Sanon was signed as brand ambassador of Gili last year. The Advertising Standards and Council of India has introduced guidelines for celebrity endorsements that are aimed at helping stars understand legal terms and conditions before signing contracts.

February 21, 2018 01:41 UTC

NEW DELHI: Leaders of some Opposition parties who held separate meetings in Delhi in the past couple days have expressed annoyance over Congress ‘dithering’ in taking initiative to ‘mobilise anti-BJP forces on the ground’ even several days after the PNB scam surfaced.Sources involved in the confabulations said some of the leaders met Congress president Rahul Gandhi and conveyed their impatience on the delay in unveiling a political action-plan on the ground. They said that the AICC leadership was limiting itself to “daily sound-bytes and tweets” rather than mobilising the collective energy of like-minded Opposition parties on the ground.Leaders who held informal consultations included Tariq Anwar (NCP), former JDU leader Sharad Yadav, Sitaram Yechury (CPM) and D Raja (CPI). Some of them also reached out to RJD, RLD and JMM camps. After some leaders aired their views to Gandhi, some AICC representatives reached out to them for discussions for a collective meeting.The non-Congress Opposition feels that Congress should not wait for the budget session to resume to take on the government by demanding a joint parliamentary committee probe into the PNB scam. An action-plan “with maximum possible involvement of like-mined parties” should be rolled out without delay “to set the atmospherics” in the run up to the Parliament session, one of them suggested.

February 21, 2018 01:30 UTC

After the successful completion of its trial runs last week, the Delhi Metro Rail Corporation (DMRC) will open the Majlis Park-Durgabai Deshmukh South Campus line for inspection from February 26 to February 28. The Commissioner for Metro Rail Safety (CMRS) will inspect this section of Pink Line, which is expected to get chugging after Holi. The corporation had sent papers for scrutiny and detailed examination by CMRS that involved detailed data on civil, electrical, signalling and track. The Metro train will also cross Dhaula Kuan at a height of 23.6 metres (as high as a seven-storey building) to reach South Campus from Majlis Park. In the beginning of this month, the rail body also held test runs on the 10.47-km elevated stretch between the I.P.

February 21, 2018 01:18 UTC

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February 21, 2018 01:18 UTC

The incident happened in Dehaband area of South Dinajpur district in West Bengal. (Picture for representational purpose) The incident happened in Dehaband area of South Dinajpur district in West Bengal. (Picture for representational purpose)A 28-year-old mentally challenged tribal woman is reported to be in a “critical but stable” condition after she was allegedly gangraped and rods were inserted into her genitals, in Dehaband area of South Dinajpur district in West Bengal. South Dinajpur SP Prasoon Banerjee told The Indian Express, “We have arrested two people who were involved in the case. West Bengal Chief Minister Mamata Banerjee took some time after her administrative meeting in Malda and met the victim at the hospital on Tuesday.

February 21, 2018 01:13 UTC