ICICI Bank Manager Accused of ₹13.5 Crore Fraud by Indian-Origin Woman

Brief by Shorts91 Newsdesk / 02:06pm on 27 Feb 2024,Tuesday Business

Shveta Sharma alleges fraudulent activities by an ICICI Bank manager, claiming she was duped of ₹13.5 crore. Having transferred funds from her US account for fixed deposits, she expected returns to exceed ₹16 crore. Sharma asserts the manager provided fake statements and altered her contact details to prevent withdrawal notifications. ICICI Bank suspends the accused pending investigation, assuring Sharma of full restitution upon verification. However, the bank highlights discrepancies, suggesting Sharma should have noticed irregularities earlier. An ongoing complaint with the Economic Offences Wing aims to unravel the complex case, underscoring the need for vigilance in financial transactions.

Read More at NDTV

Centre May Implement CAA Before Lok Sabha Polls, Sources Say

Brief by Shorts91 Newsdesk / 01:51pm on 27 Feb 2024,Tuesday Politics

Government sources indicate that the Centre could enact the Citizenship Amendment Act (CAA) before the upcoming Lok Sabha elections, potentially notifying its rules prior to the Model Code of Conduct taking effect. Union Home Minister Amit Shah reaffirmed earlier statements, asserting the CAA's implementation before polls. Amidst ongoing debates and protests, the CAA offers expedited citizenship for persecuted minorities from neighboring countries. Despite passing in 2019, its implementation was delayed pending finalization of rules. The move signals a decisive step by the government amidst continued controversy surrounding the legislation.          

Read More at India Today

Article 370 Not Banned in Gulf Countries, Awaiting Certification, Say Sources

Brief by Shorts91 Newsdesk / 01:44pm on 27 Feb 2024,Tuesday Entertainment

Sources reveal that Bollywood film "Article 370" does not face a ban in Gulf countries, but awaits certification in some. Earlier claims of a ban were refuted, with the film's team expressing confidence in its success. Directed by Aditya Suhas Jambhale and starring Yami Gautam, the film delves into the revocation of Article 370 in Jammu and Kashmir. Despite initial doubts, the cast and crew remain optimistic about the film's reception, emphasizing its portrayal of real-life struggles. With positive audience responses, the film's team awaits further feedback from viewers.          

Read More at Hindustan Times

Maharashtra to Check Other Fast-Food Chains After McDonald's Cheese Crackdown

Brief by Shorts91 Newsdesk / 11:36am on 27 Feb 2024,Tuesday India

Maharashtra state in India will inspect fast-food outlets like McDonald's for mislabeling products as containing real cheese when they actually use cheese alternatives. This follows reports of McDonald's using "cheese analogs" instead of real cheese. The inspections will also extend to other major global brands like Domino's, Pizza Hut, Burger King, and KFC. Westlife Foodworld, McDonald's biggest franchisee in India, dropped the word "cheese" from its products' names after the controversy. State authorities have the power to suspend licenses of restaurants found violating food and safety regulations.

Read More at The Indian Express

A Ship that Disappeared 120 Years Ago With 32 Crew Members has Been Discovered in Australia

Brief by Shorts91 Newsdesk / 11:30am on 27 Feb 2024,Tuesday International

The SS Nemesis, a ship lost 120 years ago off the coast of Australia, has been found by Subsea Professional Marine Services. The vessel vanished during a storm in 1904 with 32 crew members aboard. Recent underwater imagery confirmed the wreck's identity, revealing it sank due to engine failure. Families of the lost crew are being sought for closure. The discovery, described as a "holy grail," will help researchers create a 3D model of the wreck for further study, closing one of Sydney's enduring maritime mysteries.

Read More at NDTV

Ex-Apple and Tesla Staff to Aid Japan in Creating Advanced AI chips

Brief by Shorts91 Newsdesk / 11:27am on 27 Feb 2024,Tuesday Tech Today

Japan's government-backed semiconductor research group partners with US startup Tenstorrent to design its first advanced AI chip. Tenstorrent will license its design and collaborate on chip development, aiming to provide an alternative to Nvidia and Arm. The Japanese government is investing $67 billion to reclaim a role in the semiconductor industry. The jointly designed AI chips will be produced by government-backed startup Rapidus Corp. Tenstorrent aims to begin chip production in 2027 and is in close collaboration with the Japanese government and corporations. The partnership also involves international collaboration on AI technology.

Read More at Business Standard

PM Modi Gave Gaganyaan Astronauts Their Astronaut Wings

Brief by Shorts91 Newsdesk / 10:13am on 27 Feb 2024,Tuesday Science

Prime Minister Narendra Modi announced the four astronauts selected for India's Gaganyaan mission, representing the aspirations of 1.4 billion people. The astronauts, including Group Captains Prasanth Balakrishnan Nair and Angad Pratap, are undergoing training in India and Russia. The mission marks India's first human spaceflight in 40 years. Additionally, Modi inaugurated three space infrastructure projects worth Rs. 1800 crore, aimed at boosting the country's space sector capabilities. These projects include facilities for satellite launches, engine testing, and wind tunnel testing, signaling India's commitment to space exploration and technological advancement.

Read More at Mint

Bengal Governor Sets 72-Hour Deadline for Sandeshkhali Suspects' Arrest

Brief by Shorts91 Newsdesk / 09:45am on 27 Feb 2024,Tuesday India

Bengal Governor Ananda Bose gave the state government a 72-hour ultimatum to arrest Sheikh Shahjahan, accused of sexual assault and land grab in Sandeshkhali. He threatened to move his base there if no action is taken. The High Court dismissed claims hindering Shahjahan's arrest and stated he should be apprehended. Trinamool leader Kunal Ghosh assured Shahjahan's arrest within seven days. The accused went missing after his supporters attacked an Enforcement Directorate team. Sandeshkhali residents allege Shahjahan and his associates of land grab, extortion, and harassment, including sexual violence.

Read More at NDTV

Akhilesh Yadav Alleges That MLAs are Being Coerced to Switch Their Votes in The Rajya Sabha Elections

Brief by Shorts91 Newsdesk / 09:07am on 27 Feb 2024,Tuesday Politics

Samajwadi Party chief Akhilesh Yadav accused BJP of threatening MLAs to cross-vote in Rajya Sabha elections. He claimed BJP was resorting to horse-trading to win and criticized their tactics. Concerns arose as Samajwadi Party MLA Manoj Kumar Pandey resigned as chief whip and eight MLAs skipped a meeting called by Yadav. Action will be taken against them. Rajya Sabha polls in Uttar Pradesh have 11 candidates for 10 seats, with BJP fielding eight and Samajwadi Party three. The elections are keenly contested.

Read More at India Today

India Questions The Ineffectiveness Of The UN Security Council in Resolving The Russia-Ukraine Conflict

Brief by Shorts91 Newsdesk / 08:56am on 27 Feb 2024,Tuesday India Global

India questions the UN Security Council's ineffectiveness in resolving the Russia-Ukraine conflict after two years. Ambassador Ruchira Kamboj calls for reforming outdated structures for multilateralism to work. She emphasizes Prime Minister Modi's stance against war and stresses the need for dialogue to end hostilities. India remains concerned about the situation in Ukraine and advocates for diplomacy to achieve peace. Kamboj highlights India's efforts during its G20 Presidency to address economic challenges faced by developing countries.

Read More at The Times Of India

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