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Allahabad Bank board to meet Tuesday to take action on CEO

Allahabad Bank board to meet Tuesday to take action on CEO

Finance
KOLKATA: Allahabad Bank has called an emergency board meeting on Tuesday following Finance Ministry's direction to take away all executive powers from bank's chief executive officer Usha Ananthasubramanian while Reserve Bank of India has put fresh business restrictions on the bank for poor financial results. The government said it has initiated action for removal of Allahabad Bank chief executive officer and two executive directors of Punjab National Bank after Central Bureau of Investigation filed chargesheet against them in connection to fraud at PNB involving diamond trader Nirav Modi. Ananthasubramanian was the managing director at PNB between 2015 and 2017, before she was appointed as head in Allahabad Bank. Allahabad Bank called the board meeting late Monday, two people in the kno...
Trump and Kim to meet in Singapore on 12 June

Trump and Kim to meet in Singapore on 12 June

World
Donald Trump and Kim Jong Un will meet for their historic summit on 12 June, the President has confirmed. In a tweet, Mr Trump wrote: "The highly anticipated meeting between Kim Jong Un and myself will take place in Singapore on June 12th. We will both try to make it a very special moment for World Peace." 1:36 Video: Dotard and Rocket Man: A history of insults Earlier in the week, the US President had ruled out meeting Mr Kim at the demilitarised...
Reports: Patriots meet with QB Jackson twice

Reports: Patriots meet with QB Jackson twice

Sports
The New England Patriots reportedly have met with quarterback Lamar Jackson of Louisville twice, leading to speculation that the Pats might be interested in making him the heir apparent to Tom Brady. NFL Network Insider Ian Rapoport reported that the Patriots hosted Jackson in Foxborough, Mass., recently, and on Wednesday Jenny Vrentas of Sports Illustrated wrote that New England also held a private workout with Jackson in South Florida. Vrentas said the latter session was conducted by Patriots offensive coordinator Josh McDaniels. Rapoport claimed New England is "intrigued and impressed" with Jackson, even though scouts are mixed in their opinions in how Jackson's unquestionable skills will fit into an NFL offense. New England has the 23rd and 31st picks in the first round of the draft on...
Equal pay activist Lilly Ledbetter wants to meet with Ivanka Trump

Equal pay activist Lilly Ledbetter wants to meet with Ivanka Trump

Finance
Why does the gender wage gap still exist?Lilly Ledbetter vividly remembers the day someone tipped her off to the fact that she was making around 50% less than her male colleagues — for the same job. For 19 years, Ledbetter worked as a manager at Goodyear Tire and Rubber. Then one day in 1998 she received an anonymous note in her mailbox at work. On it was her name and salary along with the names and salaries of three male colleagues with the same job title.She was stunned. "I was so devastated and so embarrassed," recalled Ledbetter. "I remember looking around to see if I could see someone looking at me to see my reaction." Her monthly base pay was $ 3,727, and she said her three male counterparts were making closer to $ 6,000. Ledbetter sued Goodyear in 1999 for gender discrimination. S
'Extraordinary' turnaround as Trump agrees to meet Kim

'Extraordinary' turnaround as Trump agrees to meet Kim

World
Donald Trump has hailed the "great progress" made with North Korea after agreeing to meet with Kim Jong Un by May this year.In an extraordinary turn of events, he confirmed on Twitter that a meeting was being planned despite the two leaders trading insults for months and economic sanctions on North Korea being ramped up in response to its nuclear weapons programme.Mr Trump had previously threatened "fire and fury" in response to threats from North Korea. Mr Trump also referred to the North Korean leader as "Little Rocket Man".But today, the US leader tweeted: "Kim Jong Un talked about denuclearisation with the South Korean representatives, not just a freeze."Also, no missile testing by North Korea during this period of time. Great progress being made but sanctions will remain until an agre...