News & Politics

Court Allows Megan Thee Stallion To Release Music

Megan Thee Stallion said that she was a little worried when she almost couldn’t release her new album due to a dispute with her record label. She was talking to the Associated Press after a Houston judge ordered the Friday release of her album.

Stallion talked about the dispute

The performed posted on social media that she signed a bad contract with Houston-based record label 1501 Certified Entertainment years ago and that she and her management team at Jay-Z’s Roc Nation company tried to renegotiate the contract but it turned into a battle marked by bitter social media exchanges.

Megan

The label was accused of not sharing data on Stallion’s music with her management team. And when the performer and her team sought to renegotiate the terms contract, the label started to intimidating and threatening the performer. But the label didn’t reply to the allegations.

Small win for the performer

On Monday, Stallion got a small reprieve from State District Judge Robert Schaffer when the judge barred 1501 from withholding release of her music by issuing an initial temporary restraining order. On Wednesday, the State District Judge Beau Miller denied 1501’s … Read the rest

Lookout Noticed Issued Against Yes Bank Founder Rana Kapoor

On Friday, Enforcement Directorate searched the Mumbai house of Yes bank founder Rana Kapoor. Also, the agency launched a money laundering probe against him. Fearing that Mr. Kapoor and other former directors of the bank could leave the country, the agency issued a lookout notice against them.

Restructuring Yes bank management

The Reserve Bank of India took over board of the bank for 30 days to restructure its finances. Also, it put a cap of Rs. 50,000 on withdrawal for Yes bank customers. The finance ministry said in its notification that the withdrawal cap will remain effective till April 3. RBI has appointed former SBI CFO Prashant Kumar as administrator of the beleaguered Yes Bank.

Union Finance Minister listed malpractices

Nirmala Sitharaman said that malpractices by top leadership of the bank were among the top reasons for centre’s decision to restructure the management of the bank. Ms. Sitharaman, in a press conference, said that RBI had been monitoring Yes bank since 2017.

The RBI noticed serious governance issues with Yes bank. There was a culture of weak compliance. Also, there were wrong asset classifications together with risky credit decisions. Ms. … Read the rest

Global Sensex Tanks Amid Fear Of Coronavirus Spread

On Friday, domestic stock markets witnessed sharp loss in early trade sell off amid fear of recession due to spread of coronavirus pandemic. RBI’s action of saving the beleaguered Yes Bank and possible ramifications of that action further dented the Dalal Street sentiments.

Global Sensex Fear

Here’re 7 big things about stock market

  1. The S&P BSE Sensex index hit 37,011.09 points that was 1459.52 points down. And the NSE Nifty benchmark dropped to 441.60 points that was 10,827.40 points down. But the market trimmed some of the losses in the day.
  2. Yes Bank, IndusInd Bank, Tata Motors, SBI, Tata Steel and Zee Entertainment were the top losers. They traded between 5.16% and 25%.
  3. Yes Bank shares were trading at Rs. 17 that was 51% down after RBI suspended the Yes Bank board for 30 days. Also, it imposed a withdrawal limit of 50,000 on account holders till April 3.
  4. All the 11 sectors on the National Stock Exchange (NSE) including state-run banks, automobile and metal stocks were the worst hit.
  5. Panic selling was also visible in the broader markets. The BSE Midcap and Smallcap indices were down by 2.3% and 1.9% respectively.
  6. For
Read the rest

PM Narendra Modi Will Give Away His Social Media Accounts On Women’s Day

Prime Minister Narendra Modi will “give away” his social media accounts to mark the upcoming Women’s Day on March 8. He will celebrate the women whose life and work inspire us. He tweeted his desire to give up his social media accounts to women on Tuesday.

PM Modi urged people to share inspiring stories of women

The PM encouraged people to share inspiring stories of women under hashtag #SheInspiredUs. These stories would be part of Women’s Day campaign of the PM and the selected entries will be given an opportunity to take over Modi’s Twitter account.

Modi will give away his social media accounts

On Women’s Day, PM Modi will feature inspiring stories of women on Women’s Day. He said that these stories would ignite motivation in millions. He urged women to come forward and share their stories. With this tweet, he put a full stop to all speculations that were doing round since Monday when the PM Modi revealed his desire to give away all his social media accounts.

On Monday, the PM said that he was thinking of giving up his social media accounts. He said that … Read the rest

Narendra Modi Could Quit Social Media This Sunday

Prime Minister Narendra Modi tweeted that he was thinking of leaving social media in a week without elaborating the reason behind this decision. After his tweet, his followers and supported urged him to reconsider his decision with their likes, tweets and comments.

Social media presence of Narendra Modi

PM Modi is followed by 53.3 million on Twitter; 44 million on Facebook; 35.2 million on Instagram and 4.5 million on YouTube. He has been using social media for direct communication with people instead of through press. He hasn’t held a single press conference since becoming Prime Minister in 2014.

In 2009, he became an active member of Facebook and Twitter. On Monday, he stunned the world with his decision of leaving the social media. Within moments, his tweet received 65,000 likes; 42,000 replies and 22,000 tweets.

PM Modi is one of the most followed world leaders but he also faced criticism for following those who support vicious online … Read the rest

Delhi Police has arrested two folks for the panic calls over Delhi Violence

The violence and protests by Jamia students are still under pressure. After the horrendous war and heavy damage, the other incident took place yesterday. Due to the violence, Delhi police decided to close the Metro station on Sunday, however, it was open after the interval.

Delhi police said this was panic news that spread by people who do want peace in the society. The police requested people to do not to react and maintain peace. On the other side, the police have arrested two people for interrogation.

Delhi Police said maintain peace

As per the panic news, Delhi Police came forward and said everything is under control and there is no need to worry. Our experts and senior officers have undertaken the situation carefully.

Read the rest