RBI Puts Yes Bank Under Merotarium, Caps Withdrawals at Rs 50,000 | Live Breaking News Headlines & Updates, March 5, 2020

The global death rate of novel coronavirus was recorded as 3.4 percent, the World Health Organisation (WHO) said on Wednesday. The death rate, though comparatively higher than seasonal flu, is lower than what health experts had feared during the initial phase of COVID-19 outbreak.

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05 Mar, 21:17 (IST)

RBI has in consultation with the Central Govt, superseded the Board of Directors of Yes Bank Ltd for a period of 30 days owing to a serious deterioration in the financial position of Bank. Prashant Kumar, ex-DMD & CFO of SBI appointed as the administrator. The central bank has imposed a moratorium on the bank's operations and capped the withdrawals at Rs 50,000.

05 Mar, 20:01 (IST)

Maharashtra government renamed the Aurangabad Airport as Chhatrapati Sambhaji Maharaj Airport. The name has been changed in honour of Chhatrapati Sambhaji, the son of Maratha warrior king Chhatrapati Shivaji Maharaj.

05 Mar, 19:16 (IST)

Cyberabad Police: Congress MP Revanth Reddy, his brother Krishna Reddy and 5 others were arrested for trying to fly a drone over the farmhouse of Telangana Minister KT Rama Rao in Narsingi.

05 Mar, 18:11 (IST)

Jawaharlal Nehru University (JNU): There have been some media reports citing an increase in the institution's fee for the prospective students set to join the university this year. JNU would like to clarify that there is no such hike in the fee including one-time medical fee.

05 Mar, 17:25 (IST)

"When justice has to triumph, it will triumph...be with the truth - justice will be done," Justice S Muralidhar said during his farewell ceremony. He has been transferred from the Delhi High Court to the Punjab and Haryana High Court.

05 Mar, 16:21 (IST)

"From tomorrow, all such schools(upto class 5th) both government and private to remain shut till March 31, in view of coronavirus," Delhi Deputy Chief Minister Manish Sisodia said.

05 Mar, 15:52 (IST)

"Is this a dictatorship? It seems Govt doesn't want #Delhiviolence issue to be discussed in Parliament that is why this suspension. We strongly condemn this," said Congress' Lok Sabha leader Adhir Ranjan Chowdhury.

05 Mar, 15:16 (IST)

Seven lawmakers of the Congress party were suspended for full Parliament session by Lok Sabha Speaker Om Birla.

05 Mar, 14:37 (IST)

Nirbhaya Case: Delhi Court issues a fresh death warrant against the four convicts. They are to be hanged at 5.30 am on March 20, 2020

05 Mar, 14:08 (IST)

"The Health Minister saying that the Indian Government has the coronavirus crisis under control, is like the Capt of the Titanic telling passengers not to panic as his ship was unsinkable. It's time the Government made public an action plan backed by solid resources to tackle this crisis," Congress leader Rahul Gandhi said.

05 Mar, 13:54 (IST)

SP MLA Rajesh Shukla: We are with the Kamal Nath government and we will continue to support it. No horse-trading offer was made to us. We are honestly with Kamal Nath Ji, if his government faces any threat it is from some Congress leaders and not us.

05 Mar, 13:36 (IST)

Delhi LG Anil Baijal: Normalcy is returning. The schools are functioning. All the damage is being assessed and compensation will be released accordingly.

05 Mar, 13:28 (IST)

Kerala: Police use water cannon and detain BJP Youth Wing workers who were taking out a protest march against the death of a Sikh student of Malabar Christian College in Kozhikode.

05 Mar, 13:08 (IST)

Union Labour Minister Santosh Gangwar: Central Board of Trustees have decided to decrease the rate of employees provident fund to 8.5% for 2019-2020. Earlier it was 8.65%.

05 Mar, 12:59 (IST)

Uttarakhand Chief Minister Trivendra Singh Rawat dances to celebrate the announcement of Gairsain as the state's summer capital in Chamoli district.

05 Mar, 12:58 (IST)

PM Narendra Modi has called for one-on-one meetings with all state MPs over the next few days.

05 Mar, 12:15 (IST)

2017 SSC examination paper leak petitions in the Supreme Court: Supreme Court refuses to scrap the 2017 CGL (Combined Graduate Level) examinations conducted by the SSC.

05 Mar, 11:54 (IST)

Bhubaneswar: Odisha CM Naveen Patnaik pays tribute to his father and Former Chief Minister Biju Patnaik on his 104th birth anniversary.

05 Mar, 11:28 (IST)

Supreme Court today issued notice to the Uttar Pradesh Government after hearing the plea filed by the accused, seeking to transfer the trial from Uttar Pradesh to Delhi in connection with the alleged murder case of Hindu Samaj Party leader, Kamlesh Tiwari.

05 Mar, 11:05 (IST)

Opposition creates ruckus in the Parliament over Delhi Violence.

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Mumbai, March 5: The scare around coronavirus continues to grow as India confirms 29 positive cases of COVID-19 so far.  A Paytm employee in Gurugram has been tested positive for novel coronavirus on Wednesday. The company issued a statement regarding on Wednesday evening and informed that the employee had recently returned from a vacation in Italy, one of the worst-hit countries from coronavirus. The company urged other employees to work from home while the office would get sanitised.

Chandrayaan 3 or the third phase of India's lunar mission would be tentatively launched in the first half of 2021, said Union Minister of State (MoS) Jitendra Singh in the Parliament.

PM Narendra Modi, Amit Shah, Arvind Kejriwal and other politicians announced that they will not take participate in any Holi Milan programmes. The reason cited was experts' advice to reduce mass gatherings to avoid the spread of COVID-19 Novel Coronavirus outbreak.

The global death rate of novel coronavirus was recorded as 3.4 percent, the World Health Organisation (WHO) said on Wednesday. The death rate, though comparatively higher than seasonal flu, is lower than what health experts had feared during the initial phase of COVID-19 outbreak.

Keep an eye on this space for all the latest news and updates that take place throughout the day.

(The above story first appeared on LatestLY on Mar 05, 2020 08:23 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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