A look at the headlines right now:

  1. Jammua and Kashmir authorities declare flood in Srinagar and Central Kashmir: The Amarnath yatra remained suspended for the second day as heavy rain continued.
  2. Tata Steel signs joint venture deal with German conglomerate ThyssenKrupp: The deal makes the resulting entity the second-largest steelmaker in Europe after ArcelorMittal.
  3. Mob lynches anti-rumour campaigner, two others on suspicion of child lifting in Tripura: In Assam, a mob tied a woman to a pole and beat her up on suspicion of child-lifting.
  4. Karnataka to move Supreme Court against its order on the Cauvery Water Management Authority: The decision was taken at an all-party meeting attended by Bharatiya Janata Party chief BS Yeddyurappa.  
  5. Malayalam film association’s president Mohanlal defends decision to reinstate rape accused Dileep: The Association of Malayalam Movie Artistes president also blamed the media for using Dileep’s removal from the body as a ‘weapon’ against it.  
  6. RBI warns auditors of penalties for lapses in audits of commercial banks: The bank’s decision follows reports of major breaches in asset classification in several leading banks.  
  7. Insurance regulator approves LIC’s proposal to increase its stake in IDBI Bank to 51%, say reports: The Life Insurance Corporation currently owns a 10.8% stake in the loss-making lender.  
  8. Unesco declares Mumbai’s Victorian Gothic, Art Deco Ensemble World Heritage site: The UN body has added a 16th century stone-walled site in Kenya, an ancient city in Oman, and an oasis in Saudi Arabia to the list.
  9. Jammu and Kashmir Police say security forces killed one, not three, suspected militants in Pulwama: Director General of Police Shesh Paul Vaid had said three militants were killed in the encounter.  
  10. Three babies die, at least 100 refugees missing after boat capsizes off the coast: The coastguard picked up 16 survivors from the boat.