Karnataka

New Delhi, Aug 30: Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next five years. After this, the total number of PSBs will come down to 12 from 24 banks, said Finance Minister Nirmala Sitharaman

Bengaluru, Aug 30: Janata Dal (Secular) in Karnataka has urged the Election Commission to take immediate steps to hold the byelection to 17 Assembly seats in the State which have fallen vacant after the disqualification of the rebel MLAs. In a memorandum submitted to Election Commission of India, through the Chief Electoral Officer, Karnataka, here on Friday, the JD(S) leader T R Prasad Gowda said

Bengaluru, Aug 30: Congress leader DK Shivakumar, who was summoned by the Enforcement Directorate (ED) in an alleged money laundering case, on Friday, downplayed the allegations of corruption levelled against him. Speaking to media persons, he said, "It is all a conspiracy. I have not made any mistake, murder or indulged in corruption. The money you found is my money and I earned it." The Congress

Mysuru, Aug 30: Former Karnataka Chief Minister and Congress Legislative Party (CLP) leader Siddaramiah today termed it as misuse of power by the Central government through Enforcement Directorate in issuing summons to former Minister and senior Congress leader D K Shivakumar. Speaking to newsmen here on Friday, he said the natural justice is missing under BJP rule at the Centre. Shivakumar is

In a statement, businessman and the chairman and managing director of LuLu Group International Yusuffali said that he would not interfere in Thushar Vellappally case. “My only connection with this case is just paying the bail amount which ensured the release of Thushar from jail,” added Yusuffali. Few days ago Yusuffali paid a Dh1 million of bail amounts to secure the release of Thushar

New Delhi, Aug 30: After the Enforcement Directorate (ED) issued him fresh summons, senior Congress leader and former Karnataka Minister DK Shivakumar asked his supporters not to worry as he had not "committed rape or taken money". "Please don't take tension, I have not taken tension, there is no need to take tension. I have not committed any mistake. I have not committed any rape or taken money

Kodagu, Aug 29: State chief minister BS Yediyurappa on Thursday visited the flood-affected area of Kodagu district in Karnataka. He also held a meeting with the senior officials and took stock of the situation in the district. Revenue Minister R Ashok, Minister S Suresh Kumar and local MLAs also accompanied him. The Karnataka government has released Rs 195 crore for carrying out relief measures in

Bengaluru, Aug 29: Karnataka Congress leaders on Thursday met with Governor Vajubhai Vala and demanded that flood situation in the state should be declared "national calamity" and a fund of Rs 5,000 crores should be released from Centre as interim relief. "Situation in Karnataka should be declared as 'National Calamity'. There should be an immediate release of Rs 5,000 crores as interim relief

Bengaluru, Aug 29: In a major setback to former minister and powerful leader of Karnataka Congress DK Shivakumar, the Karnataka High Court on Thursday refused to stay the summons issued by the Enforcement Directorate (ED) in the money laundering case. The Congress MLA from Kanakapura and a few others had filed a petition before the HC seeking cancellation of summons issued by the ED. The single

Bengaluru, Aug 29: Karnataka Chief Minister B S Yediyurappa today said that the government had no intention to close down Indira Canteens in the State that provide subsidisesd food to the poor and also there is no proposal to change its name. Speaking to reporters here on Wednesday, he said his government had ordered a probe over alleged misuse of the subsidy given to the private food providers