An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.
Jarange, aged around 40, has been holding the hunger protest in Jalna district's Antarwali Sarati village since August 29.
The Bombay HC on Monday directed the Central Bureau of Investigation to conduct a preliminary inquiry within 15 days into allegations of corruption and misconduct made by former Mumbai police chief Param Bir Singh against Maharashtra Home Minister Anil Deshmukh.
China on Thursday voiced its opposition to India's reported plans to hold the next year's meeting of G-20 leaders in Jammu and Kashmir.
"What the legislature cannot do is to say that we think the judgment is wrong and therefore we overrule the judgment. The judgment of a court cannot be directly overruled by the legislature," the CJI said.
The nomination sets up a confrontation between the Taliban and Afghanistan's fallen government envoy, Gram Isakuzai, who has held his post so far.
The Vaiko-led Marumalarchi Dravida Munnetra Kazhagam on Monday announced boycotting the June 27 by-poll to Radhakrishnan Nagar constituency in Chennai, against AIADMK supremo J Jayalalithaa.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
on Thursday adjourned sine die, ending the four-week-long second leg of the Budget session, during which treasury and opposition members locked horns over Rahul Gandhi's 'democracy' remark and the Adani issue.
Odisha Chief Minister Naveen Patnaik's private secretary V K Pandian played audio of the CM at a public meeting in Barpali in which Patnaik can be heard telling the people that he has sent the IAS officer so that they can tell their grievances to him.
Police cited statements of various witnesses in its chargesheet to state that Kumar was walking along with the protesters where a number of unidentified persons were raising slogans during an event in the university's campus on February 9, 2016, to commemorate the hanging of Parliament-attack mastermind Afzal Guru.
Punjab Minister Anmol Gagan Mann on Wednesday said her Aam Aadmi Party will fight on all 13 parliamentary seats in the state.
The chief minister announced a committee to probe into the mishap and also said the government would talk to the LG Polymers management seeking job for the kin of the deceased in any of its businesses. Speaking to reporters after conducting a review meeting, Reddy also announced Rs 10 lakh each to those undergoing treatment on ventilator support and Rs 25,000 to those who took treatment as out-patients after developing health complications due to inhalation of the styrene vapour.
The losses ranged between Rs 33,204 and Rs 10,90,480.
Modi had given his maiden address to the UN General Assembly as Prime Minister in 2014.
India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.
An ABVP member has also been slapped with a fine of Rs 20,000.
In a recent report, the Department-related Standing Committee on Law and Justice and Personnel said it expects the government and the judiciary to finalise the revised MoP, 'which is more efficient and transparent', in terms of a Supreme Court observation.
Such a course would require a Constitutional Amendment, requiring a two-thirds majority in both Houses of Parliament. Even assuming that the INDIA combine comes to power at the Centre next year, a two-thirds majority in the Lok Sabha could way off the mark for them, observes N Sathiya Moorthy.
The JNU issued show-cause notice to 21 students after an inquiry panel found them "guilty of violating" norms in connection with the event against Afzal Guru's hanging.
Chief ministers of Maharashtra, Uttar Pradesh, Kerala, Chhattisgarh, Madhya Pradesh and Delhi are among those who attended the meeting.
A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.
The delegation led by Forest minister Mevar Kumar Jamatia, who is also the general secretary of IPFT met Shah on Thursday and submitted a five-point memorandum.
Prime Minister Narendra Modi on Sunday chaired a high-level meeting to review India's security preparedness and the prevailing global scenario in the context of the ongoing conflict in Ukraine, government sources said.
With inflation under control, the Monetary Policy Committee's (MPC's) job is to support growth because the economy had recovered well from the lows in the initial months of the pandemic, according to the panel's members, who met in the first week of this month. The minutes of the meeting show the Reserve Bank of India (RBI) governor in his statement said: "Given the sharp moderation in inflation along with a stable near-term outlook, monetary policy needs to continue with the accommodative stance to ensure that the recovery gains greater traction and becomes broad-based." Ashima Goyal, external member of the MPC, said: "The current macroeconomic configuration and its expected future evolution imply there is space for the MPC to continue to support the revival of the economy with inflation remaining in the target band."
Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.
'If all goes well, we may well hit or even surpass the forecast growth rate.'
'...the Congress tally in 2028 would further plummet under 50.' 'A fresh face as CM would further strengthen the BJP and weaken the Congress in Madhya Pradesh.'
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
Air India's handling of an incident in which an inebriated male flier allegedly urinated on a woman co-passenger suggests an urgent need for stricter rules to deal with unruly passengers, according to legal and aviation experts.
The Gauhati High Court on Sunday stayed the Wrestling Federation of India elections, scheduled for July 11.
Each disaster has the same message: Learn to respect the mountains before you build tunnels, roads, and houses, notes Sunita Narain.
Uttarakhand Chief Minister Pushkar Singh Dhami on Saturday reviewed relief and rescue operations with senior officials of the government after returning to Dehradun from on-site inspection of Joshimath landslide area gave directions for forming a coordination committee immediately at the government level under the chairmanship of the Additional Chief Secretary and at the local level under the chairmanship of the Commissioner Garhwal.
India and China met and spoke a lot this year, but failed to produce any meaningful results.
India's services sector activity witnessed a sharp upturn in August on the back of stronger gains in new business, ongoing improvements in demand conditions and job creation, a monthly survey said on Monday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from July's four-month low of 55.5 to 57.2 in August, amid a quicker upturn in business activity and the sharpest rise in employment for over 14 years. For the thirteenth straight month, the services sector witnessed an expansion in output.
Novak Djokovic, chasing a record 23rd Grand Slam title, has said he was not holding back and would do it again. He is set to play his second-round match later on Wednesday against Hungary's Marton Fucsovics.
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.
'The law is neither able nor willing to function the way the legal machinery is envisaged.'
The poisonous haze has been causing significant problems for people with existing respiratory issues, according to doctors.
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