Edtech company Byju's parent Think & Learn will challenge the National Company Law Tribunal's (NCLT's) order on insolvency proceedings and may approach the National Company Law Appellate Tribunal (NCLAT) in the next few days, a source claimed. With the NCLT appointing Pankaj Srivastava as the interim resolution professional (IRP), time is running out for Byju's as the committee of creditors (CoC) begins to be formed.
Many unauthorised migrants originate from Punjab and Gujarat, states known for high migration aspirations rather than political instability.
In a significant move, 130 Dalit families in West Bengal were finally allowed to enter the Gidheshwar Shiv Temple after being barred for nearly three centuries due to caste discrimination. The families, who are primarily cobblers and weavers, had faced social and economic exclusion for their attempts to worship at the temple. Local authorities intervened after multiple rounds of discussions with village elders, temple servants, and political leaders, leading to a resolution of the long-standing dispute.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
A group of around 130 Dalit families in West Bengal's Purba Bardhaman district have been facing discrimination for centuries, being denied access to a local temple. The families, belonging to the traditional community of cobblers and weavers, have been ostracized and face economic hardship due to this caste-based practice. Despite recent attempts by the administration to resolve the issue, the situation remains tense and the families are left with few options.
President-elect Donald Trump's warning that BRICS countries will face 100 per cent tariffs if they choose to move away from the US dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the US laws permit such an action, former RBI Governor Duvvuri Subbarao said on Monday. He also said even for BRICS, there are internal differences about bringing out an alternative to the US dollar.
The deportation of 104 Indian nationals from the US, followed by another 119 set to arrive in Amritsar on Saturday night, has sparked controversy in India over the treatment of returnees. The US government's intensified crackdown on undocumented immigrants has led to criticism of the use of handcuffs and shackles for deportees, even those who have committed no crimes beyond immigration violations. The issue has led to heated debates in the Indian Parliament, with opposition leaders demanding an inquiry into the deportation process. The Indian government is engaging with US officials to ensure the humane treatment of deportees, while also facing the challenge of reintegrating returnees into Indian society. The deportations highlight the ongoing tension between border control and human rights, and the complexities of US-India relations.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
'If we truly wish to understand and apply Marx's insights today, we must reject the rigid dogmas that later 'Marxists' imposed in his name.'
The bills that repeal and replace the Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act will usher in a new era in the criminal justice system, Home Minister Amit Shah said
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.
American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.
The sentence could go up to three years if the evasion exceeds Rs 50 lakh (5 million).
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
Entertainment content (movie and music) will be 10-15 per cent more expensive, following the proposals of the Finance Bill 2010.
'The present generation, either due to historical amnesia or political propaganda, has been fed a narrative that paints India as an adversary rather than an ally.'
"Kraft's acquisition of Cadbury is a global acquisition, where some value is attributable to India. This is different from Vodafone, where the transfer of a single share of the offshore company by Hutch resulted in the Indian business getting transferred to Vodafone," said Pranay Bhatia, associate partner at legal firm Economic Laws Practice.
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
Congress leader Rahul Gandhi criticized the BJP for claiming to protect the Constitution while citing V D Savarkar's remarks that there was nothing Indian about it. He also drew parallels to the story of 'Eklavya' to illustrate the BJP's alleged economic policies hurting small businesses and farmers. He further supported the removal of the 50 percent cap on reservations and advocated for a caste census.
The government is contemplating changes to the Insolvency and Bankruptcy Code (IBC) to deal with environmental claims and liabilities of defaulting companies to make the law future-ready and meet climate action goals, sources told Business Standard. Currently, the IBC has various categories of claims and creditors, including those related to environmental liabilities.
Chief Justice of India D Y Chandrachud on Thursday advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant surge in equity markets and pitched for more tribunal benches to ensure that the "backbone is stable". Inaugurating the new SAT premises here, CJI Chandrachud pitched for authorities to consider opening up new benches of the SAT given the higher workloads because of higher quantum of transactions and newer regulations.
The National Medical Commission has reintroduced 'sodomy and lesbianism' as unnatural sexual offences in the forensic medicine and toxicology curriculum for undergraduate medical students.
Jimmy Carter, the 39th US president and a champion of peace and human rights, has died at the age of 100. Carter, who was known for his work with the Carter Center, promoting democracy and conflict resolution, was also a close friend of India. He visited the country in 1978, forging a lasting relationship between the two nations.
There is and will be plenty written about Shirish's achievements, his awards, his writing, his talks, the mark he left on this city he knew and understood so well. I know much of that, certainly. All of it speaks of the man he was, and what he meant to so many. Dilip D'Souza pays tributes to Shirish Patel, the legendary urban planner, who passed into the ages last week.
This was the first phone call between the two leaders after Biden was sworn in as the 46th president of the United States on January 20.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.
The Congress on Thursday accused the Modi government of aiding 'drain of wealth' from ordinary Indians to crony corporates, and said it will end this practice if it comes to power at the Centre.
'The practice of selectively praising judicial decisions that align with one's views while vehemently criticising those that do not, undermines the very essence of judicial review and the rule of law'
Delivering a thinly veiled message to Pakistan from its soil, External Affairs Minister S Jaishankar on Wednesday said activities across borders characterised by the 'three evils' of terrorism, extremism and separatism are unlikely to encourage trade, energy flows and connectivity.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
The new amendment, which came into force on April 21, has been introduced to detect discrepancies between the expenses and incomes of people who do not have to file tax returns.
Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.
Notably, BJP leader Devendra Fadnavis last week said incidents of 'love jihad were taking place in the country and therefore, laws to curb the practice were justified.
'Who has seen what Sharia is? Who knows what actual Sharia is?'
'What my Labour government will seek with India is a relationship based on our shared values of democracy and aspiration. That will seek a free trade agreement (FTA), we share that ambition, but also a new strategic partnership for global security, climate security, economic security'
'UCC should be across India and legally applicable to every Indian citizen.'
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
