The Supreme Court on Wednesday granted bail to Alt News Co-founder Mohammad Zubair in all first information reports (FIRs) lodged in Uttar Pradesh against him concerning his alleged derogatory tweets.
The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.
The fund house had offered two options to affected investors -- either monetisation of assets by trustees or hiring a third party to conduct the process.
Here are some facts about Rishi Sunak and his India connections.
The PM also took a swipe at 79-year-old Gogoi who had called the assembly election as a direct fight between him and Modi, saying he can only pay his respects to the elderly leader.
'Do some profit booking and bring your equity allocation back to its original level.'
On his 50th birthday on May 25, Sukanya Verma celebrates the man and his movies.
'Even after Awaara Hoon and Mera Joota Hai Japani, between 1946 to 1963, there were plenty of upheavals in his career. My parents had moved into two rooms of a chawl, with an attached bathroom, by then, but life was hard, and often there was no food at home.'
'The desire to force others to act according to the way we want the world to be is strong in our parts. This is particularly so because we have not fully internalised the idea of individual liberties. The fact is that our moralism will get us into trouble,' says Aakar Patel.
The Securities and Exchange Board of India (Sebi) has directed Franklin Templeton MF to pay Rs 5 crore as penalty, return over Rs 450 crore collected as 22-month investment management and advisory fees, and imposed a two-year ban on launching new debt schemes for alleged irregularities in running six of its debt schemes that were shuttered last year.
Once completed, the Centre will be a world-class facility welcoming pilgrims and tourists from all over the world to enjoy the essence of spiritual aspects of Buddhism, projecting India's growing soft power.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Latest exercise follows two similar attempts made by Sebi in the past
Maha Vikas Aghadi, comprising the Shiv Sena, Nationalist Congress Party and Congress, has called a meeting of its MLAs in Mumbai on June 7.
Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.
China, Russia, Iran and international terrorism form the 'big four' set of security threats in an era of dramatic change, Britain's chief spy said in a rare public speech on Tuesday.
Karan has a word with Nishant and asks him to be careful while speaking to Tejasswi as he cares about her a lot.
Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale. The privatisation of PSBs can be done through divestment of government stake to a wider base of investors without haste. There is nothing to worry about at this point (high credit offtake) as underwriting standards and risk management are much better.
In an editorial in Sena mouthpiece Saamana, the MVA lead party, in a rare move, praised BJP leader Devendra Fadnavis for his 'cleverness and astute poll management.
India on Sunday said it stands with the Sri Lankan people in their aspirations for prosperity and progress through democratic means, established institutions and constitutional framework.
Trekking is a truly transformative experience. Let me tell you why.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
The Budget, to be presented on February 1, is likely to be less worried about fiscal deficit and will be focused more on nursing the fragile growth, according to a Wall Street brokerage report. Bank of America Securities India expects the budget to peg "fiscal deficit at a high 5 per cent of GDP for FY22 and 7.2 per cent for FY21, as it is likely to step up capex, recap public sector banks, push asset sales to break government monopolies, offer sops for real estate, tax cuts for lower income groups and creation of a bad bank". Its house economists expect these spends to be funded by debt and partly by imposing a cess on high income groups and also by some non-fiscal measures like tapping the central bank's revaluation reserves and bank recapitalisation and infra bonds.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Petrol and diesel prices were hiked for the fourth consecutive day on Saturday by 35 paise per litre, pushing the total increase in rates on petrol to Rs 36 per litre and on diesel to Rs 26.58 since early May 2020 when taxes on the two fuels were raised to record levels. Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers. The latest increase that follows the unrelenting hike in international oil prices has pushed pump rates across the country to their highest-ever levels.
The Reserve Bank of India (RBI) on Friday said it will maintain comfortable liquidity conditions and conduct market operations in the form of outright and special open market operations. It will conduct on tap targeted long-term repo operations (TLTRO) with tenors of up to three years for a total amount of up to Rs 1 lakh crore at a floating rate linked to the policy repo rate.
Investing merely on the basis of past return can land you in trouble even in debt funds, a supposedly safe asset class, suggests Sarbajeet K Sen.
Equity flows turning positive could give fund managers firepower to invest in the markets. This could come in handy as flows from foreign investors have tapered off amid rising bond yields in the US.
'A young film-maker like me doesn't have the luxury of first choices.'
'My father lived on minimum money and helped others.' 'What was he to gain personally? No name, fame like a politician who work for votes.' 'His sort believe all humans deserve better lives.'
The counting was scheduled to start at 5 pm Friday, but it could not be taken up as the Bharatiya Janata Party approached the Election Commission alleging violation of rules by three MLAs of the state's ruling alliance of Maha Vikas Aghadi.
'After Aly comes out, we will have to get our families together and think about the future.'
These could include strengthening the public-private partnership (PPP) dispute resolution mechanism, uniform PPP institutional framework, easier terms for infrastructure companies accessing bond markets, and tax sops, Business Standard has learnt. Investment in infrastructure projects with high multiplier effect has been the Centre's main plank to revive the economy, create employment and boost consumption.
'It's fine if you have nominated me but you should have given me a fair chance to save myself.'
It is advisable to avoid a fund until it develops a track record.
Catch all the action from the Upper and Lower House of Parliament.
As the curtain come down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.
I binged on various shows this year -- some for work, some for pleasure, few I couldn't spare time for, others I didn't have access to while some started out fabulously only to fizzle towards the end.
From jaadugars to Jane Austen, OTT offerings this week are as eclectic as it gets, says Sukanya Verma.
