The Centre has informed the Supreme Court that the 'creamy layer' principle, which excludes affluent individuals from reservation benefits, does not apply to Scheduled Castes (SCs) and Scheduled Tribes (STs). This stance opposes Public Interest Litigations (PILs) seeking to implement such a principle for SC/ST reservations and to direct the government to formulate policies for more equitable distribution of reservation benefits.
A special POCSO court in Thane has convicted a 20-year-old man for sexually assaulting a 16-year-old girl, sentencing him to three years of rigorous imprisonment. The court relied heavily on the victim's "clear and cogent" testimony and rejected the plea for probation, citing the fear and insecurity caused by the accused's actions.
India's Sahil Jadhav was placed third in the men's compound qualification at the Archery World Cup Stage 4 in Madrid before persistent rain forced the suspension of play. Other Indian archers, including Rishabh Yadav and women compound archers like Prithika Pradeep and Jyothi Surekha Vennam, also competed, with their qualification rounds impacted by the weather.
The Odisha Vigilance Department has uncovered assets worth crores of rupees, including over Rs 2 crore in cash, multiple properties, and gold, during raids on an assistant executive engineer. The engineer, Baikuntha Nath Behera, is under investigation for disproportionate assets. Separately, a lineman was arrested for accepting a bribe.
A man in Chhatrapati Sambhajinagar has been booked for allegedly cheating a 43-year-old teacher of cash and gold by promising her marriage and a job in Dubai, and also attempting to coerce her into converting to Islam. The accused, Hussein Abu Soydan, reportedly established a relationship with the victim, took significant sums of money and jewellery, and then avoided contact after a purported marriage and conversion.
Delhi Police busted two illegal units manufacturing counterfeit cement in the city's northeastern areas and arrested a 25-year-old man in connection with the racket.
India finished on top of the ISSF Junior Shooting World Cup in Cairo with a total of 16 medals, including five gold, six silver, and five bronze. Hemant Burman won silver in the men's 50m rifle 3 positions, and Zuhair Khan and Addya Katyal won bronze in the trap mixed team event.
Aam Aadmi Party MLA Gopal Italia has accused the police of intimidating his family in Surat, while police officials state they were serving a court warrant related to a case in Mehsana.
Ricky Rai, son of the late underworld operative Muthappa Rai, has been arrested after a video surfaced showing a luxury sports car performing dangerous stunts with a fake registration plate in Bengaluru.
The central government has approved additional financial assistance of 1,912.99 crore to five states and the Union Territory of Jammu and Kashmir, which were affected by various natural disasters in 2025.
A seven-judge Constitution bench headed by Chief Justice D Y Chandrachud, by a majority of 6:1, set aside the apex court's five-judge bench verdict of 2014 in the EV Chinnaiah vs State of Andhra Pradesh case which had held that no sub-classification of Scheduled Castes (SCs) can be allowed as they are a homogeneous class in themselves.
Nagaland Governor Ajay Kumar Bhalla announced the state government's plans to form an interim council for the Frontier Nagaland Territorial Authority (FNTA) and highlighted key achievements and future priorities across various sectors during the Budget Session.
Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles and manufactured items, government data showed on Tuesday. WPI-based inflation was 0.52 per cent in August and 1.91 per cent in September last year.
ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).
With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Muthoot Finance outperformed in the April-June quarter (Q1) of 2025-26 (FY26), with its assets under management (AUM) growing 10 per cent quarter-on-quarter (Q-o-Q) and 42 per cent year-on-year (Y-o-Y), an improvement of 88 basis points (bps) Q-o-Q in net interest margin (NIM), and a fall in credit cost. Gold AUM rose 40 per cent Y-o-Y and 10 per cent Q-o-Q. The company recorded recoveries of 350 crore, including 100 crore from an asset reconstruction company (ARC), resulting in a 100-bp Q-o-Q yield increase.
Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.
The Supreme Court, examining whether states can sub-classify Scheduled Castes and Scheduled Tribes for grant of quota inside quota, on Wednesday said all SCs and STs may not be homogeneous in terms of their sociological, economic, education and social status.
The contentious paragraph from last year's verdict, instructing the state to expedite consideration of Meitei community inclusion, was deemed for deletion.
The Supreme Court, examining whether states can sub-classify the Scheduled Castes and Scheduled Tribes for the grant of a quota within a quota, said on Thursday that the state governments cannot be selective in granting reservation benefits to backward classes as it will lead to a dangerous trend of appeasement.
The 24 page manifesto promises 10 per cent job reservation to backward Muslims.
The Centre has appointed a commission headed by former CJI K G Balakrishnan to examine the matter of giving Scheduled Caste status to new people who claim to "historically" have belonged to the Scheduled Castes but have converted to a religion other than those mentioned in the presidential orders.
Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to offer the lowest prices to consumers, which enables sales velocity and scale, further reducing costs. This virtuous feedback loop has helped DMart gain market share in a sector dominated by unorganised stores.
FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.
The court held that the states were not required to 'collect quantifiable data' reflecting the backwardness among these communities.
The bench was informed by advocate Prashant Bhushan, appearing for petitioner NGO Centre for Public Interest Litigation and others, that the Centre has filed an affidavit saying it wants to appoint another commission to examine the issue.
Hindalco's first quarter (Q1FY23) results indicate healthy domestic volumes for aluminium and copper, and lower cost of production. Subsidiary Novelis saw weak volume trends but it managed to push operating profit margins on a better mix and pricing hikes. The weak global outlook on aluminium is a cause for ongoing concern.
Saxena, who became the Delhi LG in May 2022, is an accused, along with three others in a case of alleged attack on Patkar for opposing the Narmada dam project.
Tata Motors was the top gainer in the Sensex pack rallying 5.32 per cent. Among other prominent gainers were Bharti Airtel, IndusInd Bank, Sun Pharma, Axis Bank, Maruti Suzuki, Bajaj Auto and TCS.
'There is a sustainable level of residual terrorism that will be difficult to handle as long as Pakistani support and safe havens are available.'
'If you solve it in one day, it will go after a day.' 'If it is there for 100 years or 1,000 years, reservation has to continue.'
The broader NSE Nifty struggled before ending well above the 10,500-mark.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
On February 13, 2015 an FIR was registered against him and he was granted anticipatory bail in the case on March 21.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The rise in food inflation was on account of increase in prices of onions, vegetables, cereals and protein-based items.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Hardening prices of manufactured items during the month may refrain the Reserve Bank of India from cutting rates in its policy review on February 8.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Our problem is that we look at these words from a non-Indic perspective, says Sanjeev Nayyar.
