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Thu, 22 Feb 2018 07:37:34 +0530
Exclusive - India's PNB adopts strict SWIFT controls after mega fraud case
MUMBAI (Reuters) - India's state-run Punjab National Bank has stepped up its controls on the use of global payments network SWIFT following an alleged $1.77 billion fraud, according to memos issued this month and seen by Reuters.
Bank executive among six remanded in $1.8 billion PNB fraud probe
MUMBAI/NEW DELHI (Reuters) - A court on Wednesday remanded six people including a general manager at state-run Punjab National Bank (PNB) in police custody for nearly two weeks, after the latest arrests in a probe into an alleged $1.8 billion fraud.
Canadian pension fund Caisse aims to double Indian real estate investments
MONTREAL/MUMBAI (Reuters) - The real estate arm of Canada's second-largest pension fund manager wants to "more than double" the C$800 million ($631 million) it has already committed to investments in India in the short term, the unit's president said on Wednesday.
Floating Island: New home for Rohingya refugees emerges in Bay of Bengal
DHAKA/BHASAN CHAR/COX'S BAZAR, Bangladesh (Reuters) - Bangladesh is racing to turn an uninhabited and muddy Bay of Bengal island into home for 100,000 Rohingya Muslims who have fled a military crackdown in Myanmar, amid conflicting signals from top Bangladeshi officials about whether the refugees would end up being stranded there.
Trudeau 'assures' India that Canada won't support Sikh separatists
NEW DELHI (Reuters) - Canadian Prime Minister Justin Trudeau travelled to the holiest site of Sikhism in northern India on Wednesday where government leaders said he assured them his country won't support anyone trying to revive a separatist movement in India.
Civilian witness contradicts Myanmar police on Reuters reporters' arrest: defence
YANGON (Reuters) - The first civilian to testify in the case of two Reuters reporters accused of violating Myanmar's Official Secrets Act contradicted police and prosecutors on Wednesday about where the pair were arrested, a defence lawyer said.
Trump Jr. says missing out on India deals because of father's self-imposed curbs
NEW DELHI (Reuters) - U.S. President Donald Trump's eldest son described India as an important market for The Trump Organization, but said the global company will lose out on new deals because of self-imposed restrictions put in place by his father since he took office.
Trump says arming teachers could help prevent school massacres
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that arming teachers could help prevent massacres like last week's mass shooting at a Florida high school, voicing support for an idea backed by the National Rifle Association gun rights group.
Families broken by the carnage of Ghouta's bombs
BEIRUT (Reuters) - The air strike hit Syria's eastern Ghouta on Wednesday, three days into a massive bombardment. Soon afterwards, rescuers pulled four children from the building, but their father was killed and they were now orphans.
Billy Graham, preacher to millions, adviser to U.S. presidents, dies at 99
(Reuters) - U.S. evangelist Billy Graham, who counseled presidents and preached to millions across the world from his native North Carolina to communist North Korea during his 70 years in the pulpit, died on Wednesday at the age of 99, a spokesman said.