The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
West Bengal Chief Minister Mamata Banerjee has defended her support for teachers who were dismissed following a Supreme Court verdict, accusing the BJP and CPI(M) of "hatching a conspiracy" to influence the ruling. She dared the BJP to arrest her for supporting the affected candidates, while asserting that her government will abide by the verdict but explore all legal options. The development has triggered political reactions with the BJP demanding Banerjee's resignation, while the CPI(M) expressed concern over the impact on the education system. Banerjee also criticized the BJP's handling of the Vyapam scam in Madhya Pradesh, drawing parallels to the school jobs scam in West Bengal.
'Will the LG be ready to rule with a light hand, having been vested with powers that amount to using a hammer to kill a fly?' asks Aditi Phadnis.
West Bengal Governor Jagdeep Dhankhar was on Saturday announced as the Bharatiya Janata Party-led National Democratic Alliance's vice presidential candidate.
'When there is no middle ground possible between the government and the governor, the governor has to go.'
Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.
The Saturday stampede that killed 12 people occurred 'due to a scuffle between two groups of pilgrims', the Shri Mata Vaishno Devi Shrine Board (SMVDSB) said in a statement, emphasising only 35,000 pilgrims were allowed to proceed for the yatra against the normal capacity of 50,000 in view of the pandemic.
Rekha Gupta had the support of the RSS, which actively participated in the Delhi assembly poll campaign to help the BJP win.
The cabinet also agreed to the proposal to remove the governor from the post of the 'visitor' of private universities and give it to the state's education minister instead.
A stampede-like situation at New Delhi Railway Station on Saturday evening left at least 15 people injured, and fatalities are feared. The incident occurred due to overcrowding on platforms 14 and 15, triggered by a rush of passengers heading to Prayagraj for the Maha Kumbh. Eyewitnesses described a chaotic scene with passengers fainting from suffocation and a scramble for space. Authorities are investigating the incident, with initial reports suggesting overcrowding due to the influx of passengers for the religious festival. Rescue teams and fire tenders were dispatched to the scene, and the injured were taken to hospitals for treatment.
The NCAA previously allowed transgender women to compete as long as they met testosterone limits on a sport-by-sport basis.
'The very fact that his autobiography is called India Rising is a correct example of his wish for India to be a developed country and do as best as possible by science reaching to the common people.'
A heated political battle erupted Tuesday over Arvind Kejriwal's claim of the Haryana government 'poisoning' the Yamuna water, with the Bharatiya Janata Party saying he cannot be forgiven for his 'dangerous statement', while the Aam Aadmi Party chief asserted he won't let the people of Delhi die due to the dirty, poisonous water.
The Pakistan Cricket Board has allocated 12.8 billion rupees for the renovation of stadiums in Lahore, Karachi and Rawalpindi ahead of next year's ICC Champions Trophy, informed PCB chairman Mohsin Naqvi.
Ramiz Raja was part of the 1992 World Cup-winning Pakistan team captained by Imran Khan.
Over the medium and long term, the BJP hopes to devour the AIADMK, they having identified the party as 'ideologically not as sound as the DMK', predicts N Sathiya Moorthy.
West Bengal Governor Jagdeep Dhankhar on Sunday met Ganguly to discuss various issues and agreed to visit Eden Gardens on his invitation.
PCB Chairman Mohsin Naqvi said the Champions Trophy would be held entirely in Pakistan.
Finance Minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight key points of the Union Budget 2022-23, including the fiscal consolidation roadmap and high capex plan. It has been a custom that the finance minister addresses the RBI board, consisting of RBI Governor and existing four deputy governors, after the Budget. The meeting has been scheduled for February 14 where she would be addressing the board members and talk about announcements made in the Budget to perk up growth hit by three waves of COVID-19, sources said.
'His (Das) approach to work seems that of working as a team with ease in communication.'
The Reserve Bank of India Governor Shaktikanta Das on Monday said that the "momentum of inflation is on a downward slope" and the central bank would continue to strike a delicate balance between the need to contain price rise and ensure economic growth. The Reserve Bank's inflation projections, Das said, are "robust" but contingent on downside and upside risks associated with the movement of global crude oil prices. The RBI takes into account a particular range within which crude prices are expected to fluctuate considering all the factors that can be anticipated and that can be sort of foreseen as of today, he said.
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
Multiple polling stations and municipal buildings received hoax bomb threats across the battleground states of Pennsylvania, Arizona and Georgia, disrupting the polling in these states.
Political watchers are keen to see if the party will now opt for a more seasoned face from its ranks for the vice presidential candidate.
Banerjee also criticised Dhankhar over his recent visit to North Bengal, claiming a conspiracy was being hatched to divide the region.
The train, on its maiden trial run, arrived at Srinagar station in the Nowgam area on Srinagar's outskirts from Katra in Jammu.
The Bharatiya Janata Party in the state demanded an apology from the Uddhav Thackeray-led government over this incident.
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
More than 51,000 diyas were lighted on Friday on Dev Deepawali at a Varanasi ghat to form 'Batoge to Katoge' -- a slogan given recently by Uttar Pradesh Chief Minister Yogi Adityanath in a call apparently to Hindus to stay united.
The SC observes that the arrest of Kejriwal by the CBI was unjustified.
The Reserve Bank on Wednesday approved a Rs 2.11 lakh crore dividend payout to the central government for 2023-24, more than double the amount it paid for the previous 2022-23 financial year. The decision was taken at the 608th meeting of the Central Board of Directors of the Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das.
On Thursday, the SC had voiced "serious concern" over Governor Ravi's refusal to reinduct Ponmudi as a minister in the state cabinet even after the SC had suspended his conviction in a corruption case.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
'We found certain banks having lakhs of such accounts with apparently no valid reason.'
'Everyone is unhappy with the lieutenant governor's administration, which is ignorant, high-handed, and inaccessible.'
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'
Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.
Former US President Bill Clinton expresses his doubts about the realization of Mahatma Gandhi's dream for India in his new book, 'Citizen: My Life After the White House'. Reflecting on his experience in the aftermath of the devastating 2001 Gujarat earthquake, Clinton recounts his encounters with the suffering and resilience of the people, questioning the extent to which India has achieved Gandhi's vision of a peaceful haven for all. The book also highlights the establishment of the American India Foundation (AIF), which Clinton helped found to support relief efforts in Gujarat. Clinton's observations on India's internal divisions, particularly between Hindus and Muslims, offer a thought-provoking perspective on the country's progress towards Gandhi's ideals.
The move by Congress president Mallikarjun Kharge's son Rahul Kharge comes close on the heels of Chief Minister Siddaramaiah's wife Parvathi returning the 14 sites to Mysuru Urban Development Authority after the Lokayukta police registered a case against Siddaramaiah, his wife and brother-in-law.