The important observation on the interpretation of the provision came in a judgement by which the top court directed National Disaster Management Authority to issue guidelines in six weeks for ex gratia compensation to families of those who died of Covid.
In an army that favours officers who have spent the bulk of their service years doing counter-insurgency operations in Jammu and Kashmir, General Anil Chauhan is that rarity: A China specialist who has logged plenty of service years along the Line of Actual Control and the McMahon Line with China.
A bench of Justices Ashok Bhushan, R S Reddy and M R Shah said if any State/Union Territory in exercise of their jurisdiction under the Disaster Management Act (DMA) has taken a decision that it is not possible to conduct the final year/terminal semester examination by September 30, then they can make an application to the UGC for extending the deadline.
The rupee has lost ground since pre-Budget, against three major hard currencies (yen, dollar and euro). The European Central Bank and the Bank of Japan maintained status quo in recent policy meetings
The apex court was hearing a petition seeking directions to the authorities to ensure adequate security at hospitals and medical centres to prevent attacks on doctors and healthcare workers by relatives of patients and others.
West Bengal Chief Minister Mamata Banerjee on Wednesday asserted that her administration will stand by Alapan Bandyopadhyay in the tussle with the central government which has seen the former chief secretary of the state being recalled to Delhi and later served a notice by the Union Home Ministry for allegedly violating the Disaster Management Act, by not attending a meeting called by the prime minister.
However, a higher high from this rally will not negate a deeper correction to follow sometime in December, says Sonali Ranade
The government has started the process to appoint the next Chief of Defence Staff (CDS) and a list of names based on recommendations from the three services will soon be submitted to Defence Minister Rajnath Singh for approval, officials said on Friday.
It also opposed the suggestion that the contributions be transferred to the National Disaster Response Fund.
Waiting for capitulation in commodity markets is the better route to profits, says Sonali Ranade.
It's been a roller-coaster ride since 2015 Budget.
The Nifty's put-call ratios are very bearish.
The present consolidation can be used to buy into some fundamentally good blue chips including select PSU banks that have lagged the general market, says Sonali Ranade
The market is skating on thin ice of an extension that can reverse on a dime, says Sonali Ranade
Spend time accumulating good blue chips that indicate that prices have bottomed out, says Sonali Ranade
We are pretty much towards the end of a bear market in terms of wave counts and these are times to accumulate blue chips, not sell, says Sonali Ranade
These are times to buy as prices crash; at your own pace, at your prices, says Sonali Ranade
The government is set to begin the process soon to appoint the next Chief of Defence Staff with Army Chief Gen MM Naravane emerging as the front-runner for the top post that fell vacant following the demise of Gen Bipin Rawat in a helicopter crash.
It is too early to say if we have seen the "final" bottom to these stocks in August 2013 or if another attempt to test them will be made before or just after elections, says Sonali Ranade.
Aggarwal, 62, who was admitted to the All India Institute of Medical Sciences (AIIMS) in New Delhi and was on ventilator support since last week, died at 11.30 pm on Monday after a lengthy battle with Covid-19, according to the statement.
Solicitor General Tushar Mehta, appearing for the Centre, assured the court that everything is under consideration.
'This looks like a long-term bear market and there could be mounting losses in the near-term,' says Devangshu Datta.
Sebi has allowed brokers to offer their institutional clients direct access to the exchange trading system through the brokers' infrastructure. This facility allows clients to access the brokers' trading platform without any manual intervention. Brokers must specifically authorise clients for providing the DMA facility after fulfilling the Know Your Client (KYC) requirements. The broker will enter into a specific agreement with the clients for whom they permit DMA facility.
In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.
The S&P BSE Sensex surged 481 points to close at 25,627.
Experts find it difficult to predict a bottom for the bourses.
20 defence ministry reforms 'is a reflection of the resolve of the government to make the defence sector stronger and more efficient.'
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity in an effort to prevent further weakness in the rupee.
The Supreme Court on Wednesday directed the National Disaster Management Authority (NDMA) to issue fresh guidelines for providing minimum standards of financial help to families of those who lost their lives to COVID-19.
The ministry of home affairs has made the use of Aarogya Setu app mandatory for all employees, both private and public, and pinned the responsibility for compliance on the head of respective organisations.
A lot will depend on how the equity markets in the US play out in April-May this year. A correction there, long overdue, could change all the variables in the current equations, says Sonali Ranade
The steady rise through most of July implies a greater demand for jobs. And most of this demand is being met, says Mahesh Vyas.
The SOP said priority will be given to compelling cases of in distress, including migrant workers and labourers who have been laid off, short term visa holders faced with expiry of visas, persons with medical emergency/ pregnant women and elderly persons or those required to return to India due to death of family member, and students.
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity amid a weakening rupee.
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
In India, however, the Nifty continues to climb a wall of worry as general elections loom, fiscal deficit surges and the current account deficit is barely under control following subdued gold and crude prices, says Sonali Ranade.
Gains in IT shares and Bharti Airtel helped offset losses in HDFC Group shares.
The fall in equity values following the spike in interest rates was sharp but very shallow; stopping just at the 50 DMA for most markets even after the first 5-wave leg down was complete. That shows markets could have another leg up that could make new highs, says Sonali Ranade
Respect the yellow metal's breakout but treat it with more than ordinary caution, says Sonali Ranade
While one must recognise that we are towards the end of a long bearish trend, there is little evidence of the capitulation that is necessary for a confirmation to the end, says Sonali Ranade
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