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Tuesday evening news brief, March 15, 2018

May 15, 2018
Tuesday evening brief May 15 2018
Good evening!
Here’s everything that transpired during the course of the day…
JD(S), with Congress support, seems ahead in the race to form the next government in Karnataka. This, despite the BJP emerging the single largest party in the Assembly elections, the results for which were declared today. The Congress has extended unconditional support to the JD(S), which has been accepted by HD Kumaraswamy’s party, according to reports. Read
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All eyes are now on the Karnataka governor, as leaders of major parties have sought time to meet him. According to the usual practice, the governor calls the leader of the single largest party to form the government, and in the event of a hung Assembly, asks him to prove the majority. JD(S) together with Congress makes the largest bloc. But the governor might not invite the leader of the group to form the government, as the parties did not have a pre-poll alliance.
Former India cricketer Navjot Sidhu has been acquitted of culpable homicide in a road rage case. The Supreme Court today set aside a lower court’s order and acquitted Sidhu of culpable homicide not amounting to murder in a 1988 Patiala road rage case. However, the apex court bench found him guilty of causing simple injury and imposed a fine without any jail term.
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Punjab National Bank posted a Rs 13,417 crore fourth-quarter net loss, its biggest ever in a quarter. The loss for the three months to March 31 compares with a net profit of Rs 262 crore a year ago, the bank said in a statement. PNB witnessed deterioration in gross net performing assets (NPAs) or bad loans, which rose to 18.38% of gross advances at the end of March this year.
One in Three teenage girls fears sexual assault in public places in India, a survey has revealed. One in five girls fears physical assault, even rape, the survey said. The data was collected in a survey- WINGS 2018: World of India’s Girls– a study on the perception of girls’ safety in public spaces, conducted by the NGO ‘Save the Children.’
Copyright @ 2018 Bennett, Coleman & Co. Ltd.

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