He was first called by the federal agency to appear on November 2, but he did not depose alleging that the notice was "vague, motivated and unsustainable in law".
Delhi Chief Minister Arvind Kejriwal on Wednesday skipped the third summons by the Enforcement Directorate (ED) in connection with the Delhi excise policy case and cited Rajya Sabha polls, Republic Day preparations and the probe agency's 'non-disclosure and non-response approach' as reasons for not appearing before it.
The judiciary, the police, the lawyers and the public will have to know the new laws. It will also endanger settled jurisprudence on the old laws and open up all sorts of minor and major problems that currently do not exist. Whose then was asking for the change? Not the judges or police or lawyers or citizens, points out Aakar Patel.
Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.
Images from the 3rd ODI between India Women and Australia Women at the Wankhede Stadium in Mumbai.
'Even for operational buildings, we are looking to smarten them in various ways.'
'Once top four teams are there, in the semi-final and final. Those two days if you perform, you win.'
Cummins said Australia's triumph had made him fall in love with 50-over cricket again even as questions about the future of the format linger.
The life-size statue of Sachin Tendulkar was unveiled on the eve of the India's World Cup match against Sri Lanka on Wednesday.
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
Net foreign direct investment (FDI) in India, inflows minus outflows, declined sharply in April-August this year to $2.99 billion from $18.03 billion in the same period last year on moderation in global activities and a rise in repatriation. The Reserve Bank of India's data (October 2023 bulletin) said FDI in India was $7.28 billion and FDI by India, that is money invested abroad from the country, was $4.28 billion in April-August 2023. As for 2022, FDI in India was $22.79 billion and FDI by India was $4.76 billion in April-August.
Apple's new MacBook Pro laptops and iMac with M3 chipsets will be available across 27 countries, including India, from November 7 onwards, according to an official statement. The company announced the launch of three M3 chipset models with built-in next-generation GPU architecture and a faster CPU with an eye on artificial intelligence use cases, gaming, entertainment professionals and other segments that need high-resolution image processing. The company has launched two variants of MacBook Pro laptops with 14 and 16-inch displays at a starting price of Rs 1.69 lakh and Rs 2.49 lakh, respectively.
Seamers Shivam Dube (4/10) and Royston Dias (3/35) powered Mumbai's outright win over Bihar by an innings and 51 runs in their Ranji Trophy 2023-24 season opener in Patna on Monday.
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'
Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.
Life Insurance Corporation of India (LIC) reported weak growth through H1FY24 but it witnessed a boost in embedded value (EV) due to equity-market performance. But concerns regarding its stock include loss of market share as it is outpaced by private sector rivals, sticky operating expenses (reduced slightly year-on-year but up in Q2FY24 versus Q1FY24), and high sensitivity of embedded value to equity volatility. Traders may also factor in the likelihood of another stake sale by the Government of India.
Travis Head returns to boost Australia's World Cup hopes
Pharmaceuticals major Mankind Pharma reported a 21 per cent year-on-year (Y-o-Y) increase in net profit, with revenue rising by 12 per cent Y-o-Y in the second quarter of the financial year 2024 (Q2FY24) in a regulatory filing lrecently.
'I have saved your name on my phone, but I cannot read or pronounce it.' 'I am able to recognise my wife's name today because after seeing it for so long, it has been imprinted in my mind as a picture and not the letters.'
A summary of the Vijay Hazare Trophy matches played on Saturday.
The K-shaped economic recovery in India from the pandemic slowdown shows in corporate results as well. The automobile sector, which represents big-ticket consumption, continues to do well and has increased its share in corporate revenues and profits while fast-moving consumer goods (FMCG) companies that sell low-ticket consumer goods are struggling with poor sales and earnings growth. The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023 (Q2FY24) from 8.94 per cent a year earlier and 9.75 per cent in Q1FY24.
Mitchell Santner, etched his name alongside the legendary Daniel Vettori in the annals of cricket history
Victory left New Zealand on 10 points and in pole position to bag the last semi-final spot and join India, South Africa and Australia. Pakistan will now need to beat England by a massive margin to leapfrog New Zealand on net run rate.
Indian women's compound team rallied to down their Chinese Taipei rivals by one-point in a tense final to secure a second gold medal in archery
India played the tournament's best cricket for nearly six weeks but it was the familiar sight of Australia celebrating with the trophy as fireworks exploded overhead when the 13th edition of the World Cup came to a close on Sunday.
Chauhan's men's 90kg bout against Sadegh Azarang failed to last the distance as the Iranian inflicted a 'khalol' -- comprehensive victory with 10 points -- to secure a 10-0 win.
Consumer durables firms and fashion retailers expect double-digit growth in value terms in the ongoing festival season as consumers have stepped up purchases during this period. They expect to see value sales growth upwards of 15 per cent, which is especially coming in from cities. However, volume growth may lag behind value growth.
India spinner Ravichandran Ashwin said on Thursday Rohit Sharma "doesn't need to be taught to score hundreds".
While the country's unemployment rate is falling, the quality of employment seems to have taken a hit. The pace of formalisation slowed in the five months of the current financial year (April-August) with more than half a million fewer formal jobs created in the period compared to the same period last year, according to data from the Employees' Provident Fund Organisation (EPFO). The payroll data showed that cumulatively 4.92 million new subscribers joined the social security organisation between April-August this year, compared to 5.51 million subscribers in the same period in the previous year, reflecting a 10.7 per cent decline in the number of new payrolls created.
The conclusive champion of this tournament is set to be determined on Thursday.
Capital goods companies in their Q2FY24 results are expected to report another steady quarter of earnings growth as order inflows and execution remain healthy, according to analysts. An upward revision in order inflow targets and a margin improvement due to lower raw material costs are also anticipated. "We expect the execution of all capital goods companies and most EPC (engineering, procurement, and construction) companies to remain healthy Y-o-Y (year-on-year), led by strong order book accretion in the past 5-6 quarters," wrote analysts at Kotak Securities in a note, estimating revenue growth of 32 per cent for India's largest company in the capital goods space -- Larsen & Toubro.
When it comes to desi swag, very few can beat Aishwarya Sushmita.
The both governments recognise that a ground invasion is very likely and not telling Israel not to launch one at all, but rather hold off to try and see if additional diplomatic efforts can succeed.
Global financial firm J P Morgan has said that it plans to include Indian government bonds (IGBs) or government securities (G-Secs) into its benchmark Emerging Market index from next year, a move that will bring down borrowing cost for the government. The inclusion of the IGBs will be staggered over a 10-month period from June 28, 2024 to March 31, 2025, indicating one per cent increment on its index weight. "India's weight is expected to reach the maximum weight threshold of 10 per cent in the GBI-EM Global Diversified, and approximately 8.7 per cent in the GBI-EM Global index," J P Morgan said in a statement on Friday.
Passenger vehicle wholesales in India rose to a record high in October as companies pushed dispatches to dealers to cater to the enhanced demand in the festive season. The overall passenger vehicle wholesales in October rose to 391,472 units, up 16 per cent from 336,679 units in the same month last year. Last month witnessed the highest-ever dispatches of passenger vehicles in the domestic market by Maruti Suzuki India and Mahindra & Mahindra.
A country can win a maximum of two quota places in a particular shooting event.
Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.
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