-Livemint.com Kerala govt’s aim is to build 500 sq. ft houses costing Rs4 lakh each, for which the state has tweaked the centre’s housing programme, the Pradhan Mantri Awas Yojana Bengaluru: Building free houses for all the homeless in Kerala -- more than half-a-million at last count -- is one of the flagship projects of the Communist government. A cabinet meeting held on Tuesday night offers glimpses into the project’s nitty-gritty. The aim...
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Shared bikes move Bengaluru's gated communities -Sarumathi K
-The Hindu Dockless bicycle-sharing attracts residents who live in apartment blocks spread across several acres Bengaluru: Until recently, Rohan Kapoor, a Class XI student staying in Adarsh Palm Retreat on Outer Ring Road (ORR) in Bengaluru, had to be picked up and dropped at the exit gate within his own apartment complex. That was because the gate is 2.5 km away from home. Now, he uses his phone to unlock one of the...
More »Public sector banks lost Rs 2,450 crore to frauds involving staff: RBI data -Chethan Kumar
-The Times of India Bengaluru: Among other things that emerged in the aftermath of the massive Punjab National Bank (PNB) scam is the active role of employees of the Public Sector Banks (PSBs) in multiple frauds over the years. TOI has accessed Reserve Bank of India data that reveals the number of cases involving staff across various states and the amount of loss reported. Overall, data from April 2013 to June 2016...
More »Government okays Rs 2,919cr Nirbhaya fund for creating 'safe cities'
-The Times of India NEW DELHI: The Centre on Thursday approved projects worth Rs 2,919 crore under the Nirbhaya Fund for creating “safe cities” with special focus on women safety in public spaces and quick response systems to create deterrence against crime. Eight cities where these initiatives will take shape include Delhi, Mumbai, Chennai, Ahmedabad, Kolkata, Bengaluru, Hyderabad and Lucknow. Between 2013 and 2017, the corpus of Nirbhaya Fund has grown to...
More »PNB lost four times more money than SBI did to 'jewel thieves' -Chethan Kumar
-The Times of India Bengaluru: Highly cash-dependent traders in gems and diamonds have cost banks at least Rs 5,000 crore through 90 defaults, bank-wise and company-wise data on wilful defaulters compiled by the Federation of Bank of India Staff Unions (FBISU) shows. The top loser is PNB, with just nine defaulters but a loss of Rs 1,790 crore — four times the amount SBI lost. SBI reported the most number of wilful defaults...
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