SRC
Jailed Malaysian ex-PM Najib pays fine, meeting condition for house arrest
Jailed Malaysian former prime minister Najib Razak paid a $12 million fine Friday, allowing him to serve the rest of his sentence under house arrest, his party said. Malaysian King Sultan Ibrahim had granted Najib the conditional pardon in September, allowing him to serve out the rest of his prison sentence under house arrest provided he pay the fine.
Andhra Pradesh, Odisha rush to evacuate people before Cyclone Arnab's early morning landfall
Cyclone Arnab is approaching the Andhra Pradesh coast, prompting extensive preparations in both Odisha and Andhra Pradesh. Authorities have cancelled numerous train and flight services to ensure the safety of travelers. Thousands of people have been relocated to cyclone shelters across the affected regions in preparation for the storm's landfall. Emergency teams and supplies have been mobilised to respond to the cyclone's impact effectively.
Nearly 4,000 shelters set up, emergency forces on standby as Odisha, Andhra brace for cyclone Arnab
The Indian Railways cancelled at least 50 trains in the region as a precaution, while traffic restrictions were imposed on many coastal roads in the region. Two IndiGo flights connecting Vijayawada with Chennai and Bengaluru were also cancelled during the day.
Nirmala Sitharaman reaffirms govt's fiscal discipline push, puts public debt target at 50% of GDP by 2030
FM Sitharaman linked the government's broader economic priorities -- fiscal consolidation, inflation management and currency stability -- with the need to expand employment and enterprise opportunities, particularly for women, through education, skill development and industry participation.
OpenAI says Iran, Russia influence ops busted
OpenAI on Thursday said it shut down two influence operations -- from Russia and Iran -- that used ChatGPT to push fake journalist personas and run a "think-tank" to covertly peddle anti-Ukraine propaganda. The Russian operation co-opted "unwitting people" in Latin America to run a "think-tank" -- called the Social Research Center (SRC) -- used for covert activities aimed at undermining Ukraine's reputation in the region and to influence local politics, the company said.
Coforge says independent director resigns over internal tensions
DK Singh’s resignation follows the exit of former chairman Om Prakash Bhatt on Tuesday. Singh and Bhatt, under Bhatt's instructions, had suppressed certain material information from the company's board evaluation report. This was questioned by the firm's internal auditor KPMG, as ET reported exclusively on Thursday.

Odisha confirms first heat wave related death
The victim is a middle-aged person from Balasore district, a senior official at the Special Relief Commissioner's (SRC) office said on Sunday, adding that the state has so far received allegations of 20 deaths due to heat waves. "So far, we have received information on 20 alleged heat wave fatalities. One death has been confirmed so far from Balasore district. The others are being inquired by the collectors," the official said, adding Rs 50,000 will be paid to bereaved families in case of death due to heat waves.

Flood fear looms over northern Odisha; alert issued in two districts
"Galudih barrage in Jharkhand has released 4.5 lakh cusec water through 16 gates. All panchayat functionaries, self help groups have been asked to help with evacuation operations in the vulnerable areas," Odisha's Special Relief Commissioner (SRC) P K Jena said.

Saudi Arabia's SRC gets 'A' Fitch rating before planned bonds, Al Arabiya reports
SRC plans to issue up to $1 billion in sukuk, or Islamic bonds, before the end of the year, its director of treasury and global capital markets told Al Arabiya.

'Amphan' to intensify into super cyclone by Monday evening
Storm is likely to intensify into a super cyclonic storm by Monday evening. It is very likely to move north-northeastwards across northwest Bay of Bengal and cross West Bengal-Bangladesh coasts between Digha (West Bengal) and Hatiya Islands (Bangladesh) during the afternoon or evening of May 20 as a very severe cyclonic storm with maximum wind speed of 155-165 kmph gusting upto 185 kmph

Odisha to install lightning sensors to warn people
The sensors can give information about 45 minutes prior to lightning strike allowing people to move to safer places.

Odisha flood toll rises to two; 25,000 people hit
Earlier, Shiba Sankar Sahu (40), of Gopabandhu Nagar under Similiguda block had died after being swept away by flood water, he said.

IMD predicts heat wave-like situation across Odisha, SRC alerts Collectors
The SRC also reminded the district collectors that all arrangements need to be readied in hospitals to treat heat wave affected.

Flood woes compounded by fresh rains in Odisha
The fresh rainfall caused by low pressure is unlikely to aggravate the flood scenario as it would be confined mainly to northern districts.

UPA government has no plans to create new states
The United Progressive Alliance government has no plans to create more states during its remaining tenure in office.

Let states reorganisation commission decide on demands for new states
Government should set up an SRC to examine such claims. In 1920, Congress party had resolved that India’s states should be organised on linguistic lines.
One SRC good enough: Cong leaders
Senior Congress leaders from Telangana stepped up the campaign for creation of a separate state, a day after the Congress core committee discussed the issue.
Cong quibbles as SRC opens Pandora’s box
After the Congress central leadership’s push for a second state reorganisation commission (SRC) triggered turmoil in Andhra Pradesh, the AICC on Wednesday sounded ambiguous.
SRC set-up: YSR rushes to Sonia
The move to set up the second state reorganisation commission (SRC) has expectedly set the cat among the pigeons as it has revived the Telengana statehood-centric politics in Andhra Pradesh.
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