Turkish government hit back on the US with a move to hike tariffs on US imports on Wednesday. The move helped the Turkish national currency lira to recover by 3 percent.
The move will help lira to recover more as it has been in plummet mode against US dollar. lira collapsed by nearly 40 percent against US dollar in this year.
Turkish Vice-President Fuat Oktay quoted by BBC saying, “The rises were ordered within the framework of reciprocity in retaliation for the conscious attacks on our economy...
A day after the demise of Chhattisgarh Governor Balram Das Tandon, Madhya Pradesh Governor Anandiben Patel took additional charges as Governor of Chhattisgarh on Wednesday.
As per reports in media, Patel will serve as Governor of Chhattisgarh until the regular arrangements for the office of governor of Chhattisgarh are made.
Raipur: Governor of Madhya Pradesh Anandiben Patel takes additional charge as Governor of Chhattisgarh. pic.twitter.com/IWUJ39BXZk
— ANI (@ANI) August 15, 2018
A year after Rangoon received a lukewarm response, director Vishal Bhardwaj is back with 'Pataakha' a story of two sisters set in a rural backdrop. The trailer of Pataakha was released on Wednesday on the occasion of India's 72nd Independence Day.
The trailer describes the two sisters of the film Badki (Radhika Madan) and Chhutki (Sanya Malhotra) as India and Pakistan, born of the same mother but each other's biggest enemy. Both of the sisters fight relentlessly, while it is by words or even resorting...
Due to security reasons the State Bank of India has decided to permanently block the Magstripe debit cards, media reported on Tuesday. All the customers need to change Magstripe debit cards to EMV chip debit cards by the end of 2018.
In a press release, SBI informed its customer, “All esteemed customers of SBI are hereby informed that it has been decided by the Bank that all the Magstripe debit cards which are in blocked state as on 28-Feb-2017 and to all such requests for blocking thereafter...
Former Portugal central defender Jorge Costa was named head coach of Indian Super League (ISL) side Mumbai City FC on Tuesday, signing a one-year contract.Going into the fifth season of ISL, the 46-year-old Portuguese will become Mumbai's fourth head coach after Peter Reid, Nicolas Anelka and Alexandre Guimaraes.After playing for Porto for 12 seasons, Costa also has experience as a coach in Europe, such as Portuguese clubs SC Braga and Paços Ferreira, Romania's CFR Cluj, Greek sides AEL Limassol...
Bollywood star Ranveer Singh, who is famous for his versatility acting, on the occasion of Independence Day on Wednesday shared a behind-the-scenes video of his upcoming film 'Simmba' where he plays the role of a police officer Sangram Bhalerao aka Simmba.
Directed by Rohit Shetty, Simmba has a similar feel to his Singham films which also followed the story of a police officer played by Ajay Devgn.
Ranveer Singh sharing the clip said, "A sneak peek into the #POWEROFSIMMBA... Releasing 28th December...
[caption id="attachment_81220" align="aligncenter" width="745"] IPL Spot Fixing Verdict: IPL teams CSK & RR has been suspended from the twenty-twenty league for 2 years, while Gurunath Meiyappan & Raj Kundra has been banned for life from cricket. (Imaging: Sumant Chawla)[/caption]
Mahendra Singh Dhoni led Chennai Super Kings (CSK) has been banned from the Indian Premier League (IPL) for two years while CSK's former COO and ICC President N Srinivasan's son-in-law Gurunath Meiyappan has been banned for life from cricket along with Rajasthan Royals (RR) former owner and Bollywood star Shilpa Shetty's husband Raj Kundra for betting during IPL 6 season. This quantum of punishment was announced on Tuesday in Delhi by the Supreme Court-appointed high-level Committee headed by former Chief Justice of India RM Lodha.
Many inaccuracies...Have requested for a copy of the judgement- obviously very shocked and disappointed... #Faith
01.35 PM: Further investigation required on IPL COO Sunder Raman's involvement in betting racket: Justice Lodha
01:27 PM: Rajasthan royals (RR) suspended from IPL for 2 years.
01.23: Chennai Super Kings (CSK) suspended from IPL for 2 years.
01:18 PM: Justice Lodha delivering quantum of punishment on India Cements, owner of Chennai Super Kings (CSK) and owned by ICC President N Srinivasan.
01:15 PM: Rajasthan Royals part-owner (RR) Raj Kundra, husband of Shilpa Shetty, banned for life from cricket.
01.09 PM: Gurunath Meiyappan, son-in-law of ICC President N Srinivasan, banned for life and fined Rs 60 lakh as penalty.
01.07 PM: Justice Lodha says Gurunath Meiyappan violated ICC anti-corruption code, cause huge loss of reputation of cricket.
[caption id="attachment_81167" align="aligncenter" width="700"] SC Appointed Lodha Committee has announced its verdict in IPL Spot Fixing Case Suspending Meiyappan, Raj Kundra for life.[/caption]
01.04 PM: Justice Lodha says panels cannot ban IPL teams
WATCH: JUSTICE LODHA'S PRESS CONFERENCE ON IPL VERDICT
01.02 PM: Justice Lodha starts delivering the verdict.
12.05 PM: Justice Lodha reaches Indian Habitat Center for IPL spot fixing verdict on Tuesday. The SC appointed Lodha Committee is scheduled to give its verdict at 1 pm.
ALSO READ: IPL Spot Fixing Case: ED Seeks Legal Assistance From Singapore And Mauritius
The apex court on January 22 had held that the allegation of betting against Meiyappan and Kundra stands proved and set up the three-member committee of its retired judges, including Justices Ashok Bhan and RV Raveendran to determine the punishment for Meiyappan, who was the CSK team Principal and Kundra, co-owner of RR.
Sources in the Committee said the three former judges, who were asked to complete the task within six months, have also examined the amendments to the memorandum of association and rules and regulations considered necessary to provide a mechanism for resolving conflict of interest.
ALSO READ: IPL Spot-Fixing: Court Questions ‘Match Fixing’ Theory Of Police
The apex court bench headed by Justice TS Thakur had said it was appointing an independent committee of judges keeping in view the "the trajectory of the present litigation, and the important issues it has raised".
Further, the bench had said "the profile of the individuals who have been indicted, would, in our opinion, demand that the award of punishment for misconduct is left to an independent committee to exercise that power for and on the behalf of BCCI.
The apex court held that the allegation of betting against Meiyappan, son in law of former BCCI President N Srinivasan, and Kundra stands proved while the charge of cover up against Srinivasan was "not proved".
Under the IPL rules, the franchise of a team can be cancelled if a team official indulges in any act that brings the game to disrepute.
ALSO READ: IPL 2013 Spot Fixing Scandal: A Timeline
[caption id="attachment_80871" align="aligncenter" width="700"] Rajasthan Royals Owner Raj Kundra[/caption]
The committee was asked make recommendations on aspects like amendments considered necessary to the memorandum of association of the BCCI and the prevalent rules and regulations for streamlining the conduct of elections to different posts/officers in the BCCI including conditions of eligibility and disqualifications, if any, for candidates wanting to contest those posts including the office of the president of the BCCI.
It was also asked to go into the issue of amendments to the memorandum of association, and rules and regulation considered necessary to provide a mechanism for resolving conflict of interest should such a conflict arise.
ALSO READ: IPL Betting Case: SC Appointed Lodha Commission To Deliver Verdict On July 14
This was being done in view of Rule 6.2.4 prohibiting creation or holding of any commercial interest by the administrators, with particular reference to persons, who by virtue of their proficiency in the game of Cricket, were to necessarily play some role as Coaches, Managers, Commentators etc.
Amendment, if any, to the Memorandum of Association and the Rules and Regulations of BCCI to carry out the recommendations of the Probe Committee headed by Justice Mudgal, subject to such recommendations being found acceptable by the newly appointed Committee was also to be considered by the Committee.
It was also asked to make any other recommendation to prevent sporting frauds, conflict of interests, streamlining the working of BCCI to make it more responsive to the expectations of the public at large and to bring transparency in practices and procedures followed by BCCI.
ALSO READ: Controversies Still The Highlight Of IPL
Sundar Raman Saga
Supreme Court in January said that the allegations levelled against BCCI's COO, Sundar Raman, cannot go "un-probed" and directed its newly-appointed committee to further investigate the averments against him, saying "truth must be brought to light".
The apex court noted that as per the probe committee report, Raman was allegedly in constant touch with actor Vindoo Dara Singh, accused in IPL-spot fixing and betting scandal, and had exchanged nearly 350 calls with him during the IPL.
On the allegation against Raman that he did not take any action despite having the knowledge of involvement of several owner and team officials in betting, the bench said the observations made by the committee regarding his role gave rise to "serious suspicion" about his involvement in betting affairs.
Supreme Court in January barred N. Srinivasan from contesting any Board of Control for Cricket in India elections on grounds of conflict of interest.
Supreme Court, earlier in November 2014 said that BCCI chief N Srinivasan had obvious conflict of interest as he also owned the team in IPL and his son in-law Gurunath Meiyappan was one of the main accused in betting charges after detailed investigation of Mudgal probe panel.
Supreme Court said the "allegation of cover up" in the probe of IPL spot fixing and betting against Srinivasan over the involvement of Meiyappan are "not proved" and "at best there's only a case of suspicion against Srinivasan of cover up".
The apex court In January said that probe committee has, on the basis of the material available to it, held that Gurunath Meiyappan was indulging in betting and the findings did not call for interference.
"We make it clear that given the nature of the proceedings entrusted to the Probe Committee and the standard of proof applicable to the same, we see no reason to disagree with the conclusion of the Probe Committee that Meiyappan was indeed indulging in betting," said SC.
Regarding RR's co-owner Kundra, Supreme Court said that probe panel, in its February 9, 2014 report, had referred to the statement of Kundra's business partner Umesh Goenka in which he had stated that Kundra used to indulge in betting in IPL matches through him.
"So long as Mudgal Committee has conducted proceedings in consonance with the principles of natural justice, the Committee's finding that Kundra was a team official of RR and that he had indulged in betting cannot be faulted," the bench added.
The bench further said, "The Committee has on the basis of further investigation and enquiry come to the conclusion that Kundra was a 'team official', a 'player support personnel' and 'participant' within the meaning of the relevant rules and that he had indulged in betting."