Indian frontline benchmarks - the S&P BSE Sensex and the Nifty50 - have rallied around 12 per cent each since June-end and outperformed their global peers by a wide margin. On Thursday, the US Fed hiked interest rates by another 75 basis points (bps) - the third such hike this year - and surprised the markets by projecting further sizable hikes in the coming months. With the latest hike, the Fed fund rate (FFR) now stands in the range of 3 - 3.25 per cent and is highest since January 2008.
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.
The losses ranged between Rs 33,204 and Rs 10,90,480.
State health minister Veena George said a meeting was held between the principal secretary of the health department and the Union health ministry earlier in the day and now the monoclonal antibody has arrived.
The nomination sets up a confrontation between the Taliban and Afghanistan's fallen government envoy, Gram Isakuzai, who has held his post so far.
Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.
An ABVP member has also been slapped with a fine of Rs 20,000.
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.
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.
Sources said while the Congress units of Madhya Pradesh and Rajasthan will hold separate discussions on May 26 on their preparations and actions to be taken, the party will also hold strategy meets on Chhattisgarh on May 27.
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.
Modi had given his maiden address to the UN General Assembly as Prime Minister in 2014.
Nearly 58 years after an army officer laid down his life in the Indo-Pak war and was promoted posthumously, the Delhi high court has asked the honours and awards committee to consider a representation by his son for conferring a gallantry award upon him.
India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.
An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.
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.
Chief ministers of Maharashtra, Uttar Pradesh, Kerala, Chhattisgarh, Madhya Pradesh and Delhi are among those who attended the meeting.
Navigating a history of animosity and mistrust, negotiations for a potential Congress-Trinamool Congress alliance in West Bengal face significant challenges while addressing the shared adversary of the Bharatiya Janata Party, with the Bengal Congress unit appearing reluctant to engage in an electoral pact.
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.
Jarange, aged around 40, has been holding the hunger protest in Jalna district's Antarwali Sarati village since August 29.
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.
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.
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."
"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.
India and China met and spoke a lot this year, but failed to produce any meaningful results.
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.
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.
Punjab Minister Anmol Gagan Mann on Wednesday said her Aam Aadmi Party will fight on all 13 parliamentary seats in the state.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
The six-member committee, constituted by Sports Authority of India (SAI) to study the proposals of Indian hockey coach Terry Walsh, met the Sports Minister Sarbananda Sonowal on Tuesday.
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.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
'Let the Congress high command decide who will replace Captain Amarinder because they are far wiser than I am.'
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.
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.
Former India captain Sourav Ganguly termed the suspension of Chennai Super Kings and Rajasthan Royals as bad news, but expressed hope that the Indian Premier League will be back on track soon.
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 plans also state that highly suspected cases testing negative on Rapid Antigen Test should be examined again using the gold standard RT-PCR test.
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