From the Sensex firms, Tata Motors jumped the most by 5.54 per cent, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank. However, Bajaj Finance, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.
A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.
BCCI invites applications for 2 men's selectors and 4 women's selection committee members
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
The order will be effective till March next year for the festivals that require immersion of idols of deities, including those made of Plaster of Paris (PoP).
The central government will have the power to "impose reasonable restrictions" on the international participation of Indian teams and individual athletes under "extraordinary circumstances", as per the National Sports Governance Bill that was tabled in Lok Sabha on Wednesday.
In what can be construed as a relief to the BCCI, the Sports Ministry has amended the RTI-related provision of the National Sports Governance Bill, placing only those bodies under its ambit which rely on government grants and assistance.
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
Sports Bill will end stagnation; bring in transparency: PT Usha in Rajya Sabha
Sports Minister Mansukh Mandaviya said the Sports Bill is a key reform aimed at building a "transparent, accountable and world-class sports ecosystem" in India.
Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times. The views were conveyed to the regulator on Monday in a conference of directors of private sector bank boards on the theme "Transformative Governance Through Sound Boards". RBI governor Shaktikanta Das, deputy governors Swaminathan J and M Rajeshwar Rao, and other senior officials of the central bank participated in the conference.
Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. The Income Tax Bill, 2025 was introduced in Parliament last month and is currently under examination by the Select Committee for detailed consideration.
The Central Bureau of Investigation has filed a case against Reliance Communications and its promoter-director Anil Ambani, for an alleged bank fraud that caused a loss of over Rs 2,000 crore to State Bank of India, officials said on Saturday. The agency is carrying out searches at the residence of Anil Ambani and premises linked to RCOM in connection with the case, they said.
The Tirumala Tirupati Devasthanams (TTD), the custodian of Lord Venkateswara Swamy temple, has barred 18 employees from participating in all religious activities for allegedly partaking in non-Hindu activities. The decision has been defended by the Andhra Pradesh government, citing the need to protect the religious sentiments of Hindu devotees. The move has sparked debate, with some supporting the TTD's stance and others criticizing it as discriminatory.
Parliamentary Affairs Minister Kiren Rijiju feels that the National Sports Governance Bill, which is set to be tabled in the monsoon session beginning on Monday, will usher in a 'new era' for sports in India.
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
The National Sports Governance Bill was on Tuesday passed by the Parliament with Rajya Sabha giving its nod a mere 24 hours after Lok Sabha.
'The Railways is today running train services with 30% less number of loco pilots.'
The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.
Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.
The biographical drama is caught up in controversy after some Sikh organisations including the Shiromani Akali Dal objected, accusing it of misrepresenting the community and getting historical facts wrong.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The Pakistan Cricket Board (PCB) on Thursday terminated the central contract of fast bowler Haris Rauf in a disciplinary action for pulling out of the recent Test series in Australia.
The Maharashtra government has officially declared the Sarvajanik Ganeshotsav as the 'State Festival of Maharashtra', emphasizing its commitment to preserving and promoting the festival's cultural legacy. The government has also addressed issues related to POP idols and pledged financial support for celebrations.
Gautam Gambhir has always been against the mega-star culture prevailing in Indian cricket but Mohammed Siraj's Herculean effort throughout the English summer has definitely given the Indian head coach a real shot in the arm.
The FIH Athletes Committee serves as a consultative body and makes recommendations to the FIH Executive Board, FIH Committees, Advisory Panels and other bodies.
After a meeting of its working committee in New Delhi, the board adopted a resolution which stated that the recent judgment of the Supreme Court on the maintenance of Muslim divorcee women is "against the Islamic law (Shariah)".
Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace the six-decade-old I-T Act, in the Lok Sabha in the coming week.
Indian delegation meets IOC officials for dialogue on hosting future Olympics
The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.
The process of identification of victims by matching the DNA samples is currently underway, and the bodies will be handed over to their relatives once the process is complete.
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
The incident occurred between Diva and Kopar railway stations when the overcrowded train was going towards Kasara, an official said.
One hundred years ago, a group of 10 revolutionaries carried out an operation that shook the British Empire. Utkarsh Mishra revisits the 'Kakori Conspiracy Case', a turning point in the armed struggle for independence.
A large number of medical device-manufacturing units have been forced to move to Vietnam and Malaysia due to delays, inconsistent timelines, and a lack of transparency in licensing processes, according to the Parliamentary Standing Committee on Health and Family Welfare.
The Supreme Court of India began hearing a batch of petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. The bench, led by Chief Justice Sanjiv Khanna, asked both sides to address whether the court should entertain the petitions or relegate them to the high court. The hearing is underway with senior advocate Kapil Sibal arguing for the petitioners. The act, which was passed by Parliament following heated debates, has been challenged by various parties including AIMIM leader Asaduddin Owaisi, All India Muslim Personal Law Board (AIMPLB), and Jamiat Ulama-i-Hind.
Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value.
The Centre on Wednesday told the Supreme Court that nobody can claim right over government land and it is legally empowered to reclaim properties which are declared waqf by using the waqf by user principle.
The Tamil Nadu Assembly passed a resolution on Thursday condemning the Centre's proposed Waqf Amendment Bill 2024, calling for its recall. Chief Minister M K Stalin argued that the amendment interferes with religious affairs and would negatively impact the Muslim minority. The resolution was unanimously passed by the Assembly, with support from all parties, including the opposition AIADMK and PMK. The BJP, however, walked out in protest, accusing the ruling DMK of engaging in divisive politics. The bill aims to streamline the Waqf Board's work and ensure efficient management of Waqf properties but has been criticized for potentially encroaching on religious freedom and autonomy. The Tamil Nadu government claims that the amendment would lead to government control over the Waqf Board and its properties, impacting its autonomy and potentially allowing for government acquisition of Muslim-owned lands.
The Income Tax department on Monday invited public inputs for review of the six-decade old I-T Act with regard to simplification of language, litigation reduction, compliance reduction, and obsolete provisions. Pursuant to the Budget announcement by Finance Minister Nirmala Sitharaman for a comprehensive review of the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) had set up an internal committee to oversee the review and make the Act concise, clear, and easy to understand, which will reduce disputes, litigation, and provide greater tax certainty to taxpayers.
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