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Ex-Minister Shetty, 3 Others Get 3 Years Jail For SBM Loan Scam

The New Indian Express Kalaburagi

|

February 07, 2025

A special city court on Thursday sentenced former minister S N Krishnaiah Shetty and three others, who were accused of financial fraud in the then State Bank of Mysuru housing loan scam, to three years imprisonment with a fine.

- EXPRESS NEWS SERVICE @ Bengaluru

Judge Santhosh Gajanan Bhat of the Special Court for the trial of criminal cases against sitting and former MPs and MLAs, passed the order. The case was probed by the Central Bureau of Investigation (CBI) which submitted a chargesheet against the accused, who defrauded SBM between 2003 to 2006, by creating false documents.

MEER VERHALEN VAN The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

Govt to bring bill to impose 70% cess on tobacco

THE Central government is set to replace the Compensation Cess with a new levy of 70% or higher on tobacco and tobacco-related products.

time to read

1 min

December 01, 2025

The New Indian Express Kalaburagi

Chinese firm to print Nepal's currency notes

A Chinese security printing press has received a contract to print Nepal’s bank notes of various denominations, including for the latest NRs 1,000, a central bank official said Sunday.

time to read

1 min

December 01, 2025

The New Indian Express Kalaburagi

It’s vendetta: Cong on FIR against Gandhis

Oppn calls National Herald matter a ‘completely bogus case’

time to read

1 mins

December 01, 2025

The New Indian Express Kalaburagi

In 2025, IPOs set to cross ₹2 lakh crore

WITH 11 more IPOs — including three mainboard issues aiming to mop up 26,644 crore —hitting the market this week, the primary market has already surpassed the 21.59 lakh crore raised in the whole of last year.

time to read

1 mins

December 01, 2025

The New Indian Express Kalaburagi

PM terms Tamil as 'pride of India' in Mann ki Baat, urges people to learn it

PRIME Minister Narendra Modi on Sunday lauded Tamil as a great language and a source of pride for India, while highlighting the country’s achievements in agriculture, science, defence, tourism and indigenous products during his Mann Ki Baat radio address.

time to read

1 min

December 01, 2025

The New Indian Express Kalaburagi

WHAT TO EXPECT WHEN INVESTING IN 2026

THE year is ending on a high note. The recent quarterly growth data shows a second successive quarter of over 8% economic growth. Benchmark indices such as the NSE Nifty and the BSE Sensex have reached new highs. The September 2025 quarter results showed a recovery in corporate profits after a long time. Overall, the year is ending on a high note.

time to read

2 mins

December 01, 2025

The New Indian Express Kalaburagi

37 more Maoists surrender in Chhattisgarh

THIRTY-seven Naxalites, 27 of them collectively carrying a reward of %65 lakh, surrendered in Chhattisgarh’s Dantewada on Sunday, police said.

time to read

1 min

December 01, 2025

The New Indian Express Kalaburagi

GIFT City now manages $100 billion in assets

GIFT City’s International Financial Services Centre (IFSC) now hosts over 1,034 registered entities, including 38 banks holding assets worth $100.14 billion, positioning it as a growing competitor to established financial hubs, such as Singapore and Hong Kong.

time to read

1 mins

December 01, 2025

The New Indian Express Kalaburagi

SHOULD WE INVEST IN INDIAN EQUITIES

FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.

time to read

2 mins

December 01, 2025

The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

BJP dismisses claims as 'baseless, false'

Hitting back, BJP says company sold for just ₹50 lakh

time to read

1 mins

December 01, 2025

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