India

New Delhi, Nov 26 (PTI) The Supreme Court Friday said it was high time to take initiative for having a time frame for hearing of cases as very limited time space" is available and same points are being sought to be argued by lawyers in one matter.

The apex court said that when Justice M N Venkatachaliah was the Chief Justice of India (in 1993-1994), it was suggested that there would be a time frame for hearing of matters.

New Delhi, Nov 26 (PTI) Investors' wealth tumbled Rs 4.48 lakh crore during day trade on Friday with the BSE benchmark plummeting 1,488 points tracking weak global trends.

The 30-share benchmark index tumbled 1,488.01 points during the day to 57,307.08.

The market capitalization of BSE-listed tanked Rs 4,48,223.31 crore to Rs 2,61,18,730.57 crore during the day.

Chennai, Nov 26 (PTI) A Naval officer, who was here on a vacation, drowned at the suburban Kovalam beach, authorities said on Friday.

The officer's body was fished out on Friday at Kelambakkam, about 5 kilometres away from the location where he was washed away.

"Lieutenant Commander J R Suresh of the Indian Navy was washed away at Kovalam beach in the outskirts of Chennai on 25 November 2021 evening. The body of the officer has been recovered at Kelambakam around noon on 26 November," a Defence release here said.

Fatehpur (UP), Nov 26 (PTI) A nine-year-old girl was allegedly raped on Friday by a teenager in a village in Khaga area here, police said.

The girl, a student of class three, was allegedly raped by a 14-year-old boy -- a student of class nine, Circle officer Gayadutt Mishra said.

The accused has been detained by the police, he said.

The girl has been admitted to the hospital, where her condition was stated to be critical, he said.

A probe is on in the matter.

New Delhi, Nov 26 (PTI) Retail tomato price on Friday shot up to Rs 75 per kilogram in the national capital while the rates in some parts of South India softened but were still high, according to government data.

In Chennai, retail tomato price declined to Rs 63 per kg on Friday from the peak of Rs 100 per kg on November 22. Similarly, in Thiruvananthapuram, the price dropped to Rs 80 per kg from Rs 103 per kg in the said period, the data maintained by the Consumer Affairs Ministry showed.

Mumbai, Nov 26 (PTI) Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on State Bank of India (SBI) for deficiencies in regulatory compliance.

The penalty has been imposed by an order dated November 16, 2021, Reserve Bank of India (RBI) said in a statement.

According to the central bank, Statutory Inspections for Supervisory Evaluation (ISE) of SBI was conducted with reference to its financial positions as on March 31, 2018 and March 31, 2019.

Jaipur, Nov 26 (PTI) In a dig at the Centre, former Rajasthan deputy chief minister Sachin Pilot on Friday said those sitting in power are weakening constitutional institutions.

He said everyone played a role in the establishment of institutions in the country in the past 70 years and it is the responsibility of all to maintain democracy.

"But, today there is an attempt to weaken the foundation of various types of institution by people sitting in power," Pilot said attacking the Centre.

New Delhi, Nov 27 (PTI) Chief of Air Staff Air Chief Marshal V R Chaudhari will pay a five-day visit to Egypt beginning Sunday which is expected to bolster ties between the two countries.

The Indian Air Force (IAF) said he is visiting the country to attend the Egypt Air Power Symposium and Egyptian Defence Exposition (EDEX) which will take place in Cairo from November 28 to December 2.

Ghaziabad, Nov 26 (PTI) Hundreds of farmers in tractors started arriving at Ghazipur on the Delhi-Uttar Pradesh border as Friday marked one year of the ongoing farmers' protest against the central laws.

Many of them brought along vegetables, sacks of flour and lentils, spices and cooking oil on their tractor-trollies, saying they have come prepared for a long haul.

NEW DELHI (AP) — The Serum Institute of India, the world’s largest vaccine maker, resumed exports of coronavirus vaccines to the U.N.-backed COVAX distribution program on Friday after halting most overseas sales in March.