'In equities, it has diversified portfolios.' 'So the short-term movement of individual stocks does not impact them.'
The Supreme Court Monday declined the plea of jailed Nationalist Congress Party leaders and MLAs Nawab Malik and Anil Deshmukh seeking temporary release from prison to cast their votes in the Maharashtra legislative council election.
Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.
There is no provision for the state government to either install or remove loudspeakers, Maharashtra Home Minister Dilip Walse Patil said on Monday after an all-party meeting on the issue.
The Bharatiya Janata Party bagged 48 wards and the All India Majlis-e-Ittehadul Muslimeen of Asaduddin Owaisi secured 44.
A special court in Mumbai on Thursday allowed the discharge applications of Maharashtra minister and senior NCP leader Chhagan Bhujbal and seven others in the Maharashtra Sadan scam case.
Sources said that the lookout circular was issued to prevent Deshmukh from fleeing the country.
Mehta told a bench of Justices Hemant Gupta and Sudhanshu Dhulia the PFI started the social media campaign over the Islamic headscarf earlier this year and there were continuous social media messages asking students to "start wearing hijab".
Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
The notification issued by the Union Environment Ministry also exempts projects pertaining to the expansion of terminal buildings at airports (without an increase in the existing area of the airport) from seeking green nod.
So far, 758 million Aadhaar numbers have been generated.
The Enforcement Directorate (ED) has arrested the vice chairman and managing director of real estate group IREO, Lalit Goyal, in connection with a money laundering probe against him, officials said on Tuesday. The businessman has been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA) by the federal probe agency in Chandigarh and will be produced before a local court for seeking his remand, they said. Goyal was stopped by immigration authorities last Thursday at the Indira Gandhi International (IGI) airport in New Delhi on the basis of an ED look out circular against him.
The Delhi high court on Friday called for strict action against those found violating masking and hand hygiene norms at airports and in aircraft, observing that the Covid-19 pandemic has not abated and keeps rearing its ugly head.
The Supreme Court on Thursday refused to entertain a plea filed against a Bombay high court order staying the decision to ban sale of meat in Mumbai during Jain festival.
Under fire for its decision to ban slaughter and sale of meat in Mumbai for two days during Jain festival 'Paryushan', the Brihanmumbai Municipal Corporation on Friday told the Bombay high court that it has decided to withdraw its decision.
The government has already ordered closure of the degree and diploma colleges till February 16.
Flooded with complaints of alleged falsification of election affidavits, the Election Commission has said people are free to approach the courts directly against candidates for concealing information in nomination papers.
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
Five labourers allegedly involved in the rape of a college student near Mysuru have been arrested, Karnataka DG and IGP Praveen Sood said on Saturday.
The Centre on Tuesday told the Supreme Court that China has made a huge build-up in the Tibet region and the Army needs broader roads to move heavy vehicles up to the India-China border to avoid a 1962 war-like situation.
The CBI had sought the sanction of the government to prosecute the international human rights organisation because of mandatory clause of Section 40 of the FCRA.
Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.
The strategic 900-km-long Chardham project worth Rs 12,000 crore aims to provide all-weather connectivity to four holy towns -- Yamunotri, Gangotri, Kedarnath, and Badrinath -- in Uttarakhand.
Protests for and against the hijab had intensified in different parts of Karnataka and turned violent in some places on Tuesday.
The Ministry of Home Affairs (MHA), in its circular, had asked all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown to contain COVID-19.
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
Loans of over Rs 1.8 trillion, for which agreement has been signed by banks, are likely to be referred to IBC.
The trial of the case relating to the gang rape of a photojournalist will be held in a fast-track court and the charge-sheet be filed in a "very short time", Maharashtra Home Minister R R Patil said on Friday.
Voters can be relied on to punish a party which makes reckless promises without actually implementing them, asserts Virendra Kapoor.
In a step towards resumption of physical hearings, the Supreme Court on Thursday said that from October 20, all the matters listed on Wednesdays and Thursdays would be heard in physical presence of lawyers and litigants in courtrooms only.
The official order read, 'Kamal Pant, IPS, Commissioner of Police and Additional District Magistrate, Bengaluru City, hereby prohibit any gathering, agitation or protest of any type within the area of 200 metres radius from the gate(s) of the Schools, PU Colleges, Degree Colleges or other similar Educational Institutions in Bengaluru City, for a period of two weeks with immediate effect i.e. from 9-2-2022 to 22-2-2022.'
In the wake of the 'hijab' (headscarf) row, the Karnataka government has asked educational institutions to follow existing uniform related rules, until the high court comes out with an order in this regard, next week.
'If there is a technical issue and the borrowers can resolve it within 30 days, you don't have to go through the bankruptcy court.' 'If the borrower is expecting a large disbursal of a facility or expecting a payment or receivables, in such cases it becomes practical to give a window for taking care of such circumstances. 'If banks had aggregated the assets and benefited with a long relationship with borrowers and now when assets get into a trouble, it is incumbent on banks to find resolution and take responsibility.'
Chief Justice of India Ranjan Gogoi will administer the oath of office to the two judges on Friday, an official circular said.
A bench of Justice Vibhu Bakhru, which later decided to hear the matter on Thursday again, also said that the ailing airlines can be allowed to be represented by a lawyer in the proceedings to be conducted by the PSU bank against it.
The RJD supporters were creating a ruckus outside 10, Circular Road, where Rabri Devi lives and had been locked from inside by a Central Bureau Investigation team which had raided the house on Friday in connection with its case against Lalu Prasad Yadav, her husband, in the railway recruitment scandal.
The legislator visited the residence of mother Rabri Devi on Tuesday evening, spent the night at her place and, according to party sources, announced that he will henceforth not be living at the bungalow allotted to him by the state government.
The Supreme Court on Friday said that successful civil services aspirants have no right to be allocated a cadre of their choice or their home state, and also noted that before selection they opt to serve anywhere in the country "with eyes open" but later "scramble" for home cadre.
In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
The government is likely to introduce a bill on crypto currencies during the winter session of Parliament beginning November 29, amid concerns over such currencies being allegedly used for luring investors with misleading claims and for funding terror activities, sources said on Monday. Currently, there are no particular regulations or any ban on use of crypto currencies in the country. Against this backdrop, Prime Minister Narendra Modi, on Saturday, held a meeting on the crypto currencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue.