Money
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Silicon Valley Bank Collapse: How can you protect your money if your bank fails?
•Guarantees of hundreds of thousands of dollars are provided by organisations such as the Federal Deposit Insurance Corporation and the Securities Investor Protection Corporation. Building defences and having a few backup plans is simply good financial hygiene
Aryan Khan was in 'conscious possession' of drugs: Breaking down the much-debated NDPS Act
Fp Staff •NDPS Act dispenses with 'dishonest intention' and Section 35 directs the court to presume the existence of a culpable mental state for all the offences under the Act
Senior citizens aged 75 and above now required to declare income to get exemption from ITR filing
•Income tax department has notified declaration forms to be filed by senior citizens aged 75 years and above with banks to get exemption from filing I-T return.
China: 2,600-year-old mint discovered in Henan province likely 'world's oldest' coin factory
Trendingdesk •The mint was uncovered during the excavation of the ancient Chinese city of Guanzhuang. As per radiocarbon dating, the mint became operational between 640 BC and 550 BC
Minor made to lick shoes, thrashed over Rs 2,000 in Madhya Pradesh's Jabalpur; one arrested
•The police charged four people, including one of the arrested accused Deepak Passi (20), with kidnapping and assault
A year after PMC Bank scam, RBI says NPAs rise in urban co-operative banks, losses balloon up
•The Reserve Bank of India said the quantum of gross NPAs in the 1,539 UCBs increased to Rs 33,010 crore at end-FY20 from Rs 22,093 crore a year ago
Electoral bonds worth Rs 6,128 crore sold since last year; Mumbai recorded highest sale of Rs 1,880 cr followed by Kolkata, Delhi
Fp Staff •According to the non-governmental organisation Association for Democratic Reforms (ADR), electoral bonds worth Rs 277 crore have been sold since last year
Indians hold $216-490 billion in unaccounted wealth abroad, reveal studies; real estate, mining most favoured sectors
•Unaccounted wealth outside the country held by Indians was estimated in the range of US $216.48 billion to US $490 billion over various periods between 1980 and 2010, according to three separate studies
Parties got 99.8% donations through electoral bonds of Rs 10 lakh, Rs 1 crore between March 2018 and January, reveals RTI reply
•A whopping 99.8 per cent of donations received by political parties was through electoral bonds of the highest denominations - Rs 10 lakh and Rs one crore - between March 2018 and 24 January, 2019
New Rs 20 coin shaped as 12-edged polygon to be in circulation soon, says Finance Ministry Gazette notification
Fp Staff •India's finance ministry, in a Gazette notification dated 6 March, has announced that Rs. 20 coins will soon be in circulation across the country. An exact date has not been specified for the release.