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LIVE! Banks to levy Rs 150 after 4 cash transactions

09:09  Kim’s killing: Malaysia ends visa-free entry for N Koreans:  

Malaysia is ending visa-free travel for North Koreans, Deputy Prime Minister Ahmad Zahid Hamidi has said, citing security reasons.

The move comes as Malaysia hunts several North Koreans suspected of being involved in the murder of Kim Jong-nam.

The estranged half-brother of North Korea’s leader died on 13 February — he was poisoned with VX nerve agent.

Two women were charged with his murder on Wednesday.

Kim’s body remains in a mortuary in Kuala Lumpur, amid a dispute over who should be entitled to claim it.

Malaysia has said it will only hand the body over to immediate relatives who can provide a DNA sample.

But North Korea, which reacted furiously to Malaysia conducting a post-mortem examination, says it should be able to claim the body of one of its citizens.

09:06  Banks to levy Rs 150 after 4 cash transactions:  

Some banks, including HDFC Bank, have begun charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.

The new charges would apply to savings as well as salary accounts effective from Wednesday, leading private sector player HDFC Bank said in a circular.

The bank would also cap the third party cash transactions at Rs 25,000 per day, while cash handling charges would be withdrawn effective today, the circular added.

In case of several banks, including ICICI Bank and Axis Bank, these charges came into effect early in January and are same as they were before the demonetisation move announced on November 8, while there is an increase in such fees in case of some others, including HDFC Bank, today onwards.

These charges are for cash transactions in the branches, and not through ATMs.

The move was seen in some quarters as aimed at discouraging cash transactions and furthering the digital payment drive.

For the basic no-frills accounts, maximum four cash withdrawals would continue to remain free and there would be no fees for cash deposits.

08:51  At least 20 passengers sustained injuries when bus in which they were travelling overturned near Paderu in Visakhapatnam

08:27  What to look forward to in news today:  

* Agitating Jats in Haryana will stage a protest at Jantar Mantar in Delhi today in support of their various demands, including reservations in government jobs and educational institutes for the community.

* President Pranab Mukherjee will visit the ongoing third edition of the Kochi-Muziris Biennale in Kochi today for a first-hand experience of the contemporary art

exhibition in the country.

* Finance Minister Arun Jaitley will visit Nepal today to participate in an international summit aimed at boosting infrastructure investments in the landlocked country.

* Railway Minister Suresh Prabhu will announce a series of measures unveiling the new business plan-2017-18 today to perk up revenue.

* Prime Minister Narendra Modi is likely to address the InternationaI Yoga Festival at Rishikesh via video link today. Nearly 70 saints, yogacharyas, presenters and experts from more than 20 countries around the world are particpating this year at the week-long festival. There will be separate sessions on Ashtanga Yoga, Raja Yoga, Bhakti Yoga, Kundalini Yoga, Iyengar Yoga, Vinyasa Yoga, Bharat Yoga, Ganga Yoga, and Somatics Yoga during the week. There will also be classes on meditation, mudras, Sanskrit chanting, reiki, Indian philosophy and much more. 

* Campaigning will come to a close in 49 Assembly seats in seven districts of eastern UP going to polls in the 6th phase on March 4, with SP patron Mulayam Singh Yadav’s Azamgarh Lok Sabha constituency in focus. 

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08:20  Classified US satellite launched from California:  

A rocket carrying a classified US satellite for the National Reconnaissance Office has been launched from California. 

The Atlas 5 rocket lifted off at 9:49 am today local time and roared away into a clear sky over Vandenberg Air Force Base. 

All systems were going well when the launch webcast concluded about five minutes into the flight, as is customary during such missions.

The satellite dubbed NROL-79 is described only as a national security payload for the NRO. 

The once-secret office operates an array of intelligence-gathering satellites. The launch was conducted by United Launch Alliance, a joint venture of Lockheed Martin and Boeing, and the Air Force’s 30th Space Wing.

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08:17  Yahoo’s handling of hack costs Mayer her bonus:  

Yahoo chief executive Marissa Mayer lost an annual bonus and the company counsel his job after an investigation showed the company mishandled an epic hack, the tech firm said. 

“I am the CEO of the company and since this incident happened during my tenure, I have agreed to forgo my annual bonus and my annual equity grant this year,” Mayer said in a statement yesterday made available along with a regulatory filing on the matter. 

She added that she has asked that her bonus “be redistributed to our company’s hardworking employees.” 

The investigation findings also resulted in Yahoo general counsel Ronald Bell’s resignation on Wednesday with no severance payments, according to the filing to the Securities and Exchange Commission. 

An independent committee determined that Yahoo’s security team knew about the 2014 hack of user accounts when it happened, the company said in the filing. Late that year, senior executives and some legal staff were made aware that “a state-sponsored actor had accessed certain user accounts” by exploiting an account management tool.

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08:15  White House staff told to preserve Russia-related materials:  

White House lawyers have instructed the president’s aides to preserve materials that could be connected to Russian interference in the 2016 election and other related investigations, three administration officials said. 

The memo, which was sent to White House staff on Tuesday, comes after Senate Democrats last week asked the White House and law enforcement agencies to keep all materials involving contacts that Trump’s administration, campaign and transition team or anyone acting on their behalf have had with Russian government officials or their associates. 

The Senate intelligence committee, which is investigating Russia’s role in the 2016 election, has also asked more than a dozen organizations, agencies and individuals to preserve relevant records. 

The three administration officials who confirmed that White House staffers were instructed to comply did so on the condition of anonymity because they were not authorized to publicly disclose the memo from White House counsel Don McGahn.

President Donald Trump has been dogged by questions about his advisers’ ties to Russia since the campaign. 

00:21  Brexit defeat for UK government over EU citizen rights:  

British Prime Minister Theresa May suffered her first Brexit bill defeat, over the rights of EU citizens living in the UK.

Members of the House of Lords, the upper house of the UK parliament, voted in favor of an amendment that called for EU nationals legally resident in Britain to be guaranteed the same status after the UK leaves the European Union.

It secured enough cross-party support to pass in the Lords, where May’s Conservative Party does not command a majority.

The amended bill must now be sent back for consideration to the House of Commons, potentially threatening Downing Street’s March 31 deadline to trigger Article 50, the formal start to the Brexit process.

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00:03  US police chiefs denounce Trump immigration crackdown in open letter:  

An alliance of 61 police chiefs have criticised the enforcement of Donald Trumps immigration policies and are pleading for a change of tact.

In an open letter, the senior figures explain that if local police perform the federal governments job by enforcing deportations, it will create “harm” in their communities.

Trump has pledged to bring in local police forces to help with deporting millions of undocumented immigrants.

Immigration enforcement is, first and foremost, a federal responsibility, reads the letter.

We believe that state and local law enforcement must work together with federal authorities to protect our communities and that we can best serve our communities by leaving the enforcement of immigration laws to the federal government.

The chiefs stress that if the federal government force local police to help with national policy, and sometimes problematic tasks, it undermines the delicate federal balance and will harm locally-based [and] community-orientated policing.

It finishes: We hope that this committee (US Senate committee on homeland security) will avoid taking actions that could harm community trust and make it harder for state and local law enforcement agencies to do our jobs.

Source: Rediff