The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.
On a day four commuters died and nine were injured after they fell off two overcrowded local trains, Maharashtra Navnirman Sena president Raj Thackeray blamed the influx of migrants from other states to Mumbai for the 'collapse' of the railway system.
Modi arrived in Patna on Thursday on a two-day visit to Bihar.
Saying the law doesn't recognise the concept of marital rape, the Delhi high court has quashed an order directing prosecution of a man for performing 'unnatural' sex with his wife.
A 24-year-old man killed his employer's wife and teenage son in Delhi's Lajpat Nagar after being publicly scolded for not repaying a loan. The accused, Mukesh Kumar, was arrested while trying to flee.
Nikhil Sosale, Head of Marketing and Revenue of RCB, Sunil Mathew and Kiran Kumar from DNA entertainment private limited are among those who have been arrested, sources said.
The killings of Gopal Khemka and his son Gunjan, seven years apart, bear a striking resemblance, reports M I Khan.
The Karnataka high court on Monday did not grant interim relief to Nikhil Sosale, head of marketing, Royal Challengers Bengaluru (RCB), who was arrested on June 6 in connection with the fatal stampede near M Chinnaswamy Stadium, and adjourned the matter for hearing on Tuesday.
The Supreme Court on Wednesday refused to hear a plea seeking a first information report (FIR) against high court judge Yashwant Varma in connection with the discovery of cash from this official residence in the capital.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
In a circular dated June 5, it said the Lokpal did not have the power to review its orders while noting "increasing instances of complainants desirous of a reconsideration of the verdict given by it".
The Delhi High Court has ruled that an undertrial's prolonged incarceration cannot be a reason to grant bail in terrorism cases, emphasizing the gravity of such offenses and their potential to destabilize the nation. The court denied bail to separatist leader Nayeem Ahmad Khan in a terror-funding case involving Lashkar-e-Taiba (LeT) and 26/11 Mumbai attack mastermind Hafiz Saeed. The court considered the accused's argument regarding a prolonged trial and his right to liberty but emphasized that the serious nature of the crime, with its potential to disrupt national unity and create fear among the public, outweighs the length of incarceration. Khan, who was arrested in 2017, has been accused of conspiring for secession of Jammu and Kashmir through terrorist activities, receiving funding from Pakistan, and organizing anti-India rallies and demonstrations. The court highlighted the evidence, including witness statements and documents, supporting the accusations against Khan.
Two investigations were ordered after six patients died due to alleged negligence at the state-run Saheed Laxman Nayak Medical College and Hospital in Odisha's Koraput, officials said on Wednesday.
The Bombay high court on Monday ordered a first information report (FIR) against five policemen for the custodial death of Badlapur sexual assault case accused Akshay Shinde, allegedly shot dead in a police van in September 2024, and setting up of an Special Investigation Team, noting that a prima facie offence is disclosed.
The initial chaos that later turned into a stampede began as several cricket enthusiasts who did not have entry tickets to the stadium tried to swarm into the premises along with those who had valid tickets, sources in the police said.
The mother of Raj Kushwaha, arrested for allegedly plotting the murder of Indore businessman Raja Raghuvanshi with the latter's wife Sonam during their honeymoon in Meghalaya, on Tuesday claimed her son was innocent and framed in the case.
The Kerala High Court has stayed all proceedings in a lower court against Yoga guru Baba Ramdev, his associate Acharya Balakrishna and their company Divya Pharmacy in a "misleading" advertisement case. The court found merit in their claim that cognisance of the offence was taken after the period of limitation.
Earlier, describing the video advertisement, RCB's counsel said the cricketer could be seen running towards Bengaluru cricket stadium with an aim to vandalise the signage of "Bengaluru Vs Hyderabad", takes a spray paint and writes "Royally Challenged" before Bengaluru making it "Royally Challenged Bengaluru" which disparages RCB's mark.
Khedkar is accused of misrepresenting information in her application for the 2022 UPSC civil services examination for availing reservation benefits. She has refuted all the allegations against her.
The final NRC, a list of Indian citizens residing in Assam, was released in 2019 by excluding 19,06,657 people. However, it has not been notified by the Registrar General of India, leaving the controversial document without any official validity.
The prosecution has alleged that the victim, also an actor, was induced into a relationship by Khan.
Raja Raghuvanshi's wife Sonam (25), allegedly involved in the murder of her husband, surrendered before the Nandganj Police Station in Ghazipur district in adjoining Uttar Pradesh and was later placed under arrest, according to the Meghalaya police.
The Supreme Court would likely hear on Wednesday a plea of Ashoka University's faculty Ali Khan Mahmudabad against his arrest for his social media posts over Operation Sindoor.
The Supreme Court of India has extended the interim bail of Ashoka University professor Ali Khan Mahmudabad, who was arrested for contentious social media posts on Operation Sindoor. The court, however, restrained him from posting anything online with respect to the cases against him, stating that there was no impediment on his right to speech and expression. The court directed the Special Investigation Team (SIT) to furnish the investigation report on the next date of hearing.
The police and paramilitary personnel have been deployed in the area on Sunday to maintain law and order.
Sonam Raghuvanshi, the prime accused in the Raja Raghuvanshi murder case who was initially reported missing in Meghalaya, apparently visited Indore after her husband was murdered and stayed in a rented flat for three days, a police official said on Tuesday.
A video of a huge crocodile roaming a lakeside road on the IIT Bombay's Powai campus has sent shock waves. The reptile, prima facie came out from the Powai lake, and was seen resting on a nearby road on Sunday night. An animal rescuer said crocodiles crawling on the lake road is a rare occurrence given that they generally remain in the lake waters and avoid areas inhabited by humans. Founder president of RAWW (Resqink Association for Wildlife Welfare) and honorary wildlife warden Pawan Sharma said the crocodile might be a female searching a nesting site to lay eggs. Local people and officials ensured that the crocodile remained safe. "It crawled into the lake on its own," he added. The Mumbai Range of Thane Territorial Wing is closely monitoring the situation and appealed to people not to panic but to remain alert and avoid areas prone to the presence of crocodiles.
The Enforcement Directorate (ED) has said that while certain documents and furniture have been burnt in a fire at its Mumbai office, there is no impediment to probes or trials as files are also stored digitally. The fire broke out on Sunday at the mezzanine floor of the ED's Mumbai Zonal Office-I, located in the Kaiser-I-Hind building. The agency said that the fire was caused by a short circuit and that the office is now operational from a different location. The ED is also in the process of establishing a standalone office space in Mumbai.
The sons of Hizb-ul-Mujahideen chief Syed Salahuddin, Syed Ahmad Shakeel and Syed Shahid Yusuf, have challenged a rule in the Delhi Prison Rules that bars those accused of offences against the state, terrorist activities, and other heinous crimes from using telephonic and electronic communication facilities. The two prisoners, currently lodged in different Delhi jails, are seeking restoration of their phone call facilities, alleging that the restrictions are arbitrary and unreasonable. The Delhi High Court has posted the matter for further hearing on May 22.
A bench of Justices Surya Kant and N Kotiswar Singh also questioned the authenticity of materials placed before it by petitioner Mohd Ismail and others and refused to stay any further deportation of Rohingyas saying similar relief was denied by the court.
The Delhi high court on Wednesday rapped commentator Abhijit Iyer Mitra for his alleged defamatory and abusive social media posts against nine women journalists of media house Newslaundry and asked him to remove the posts within five hours.
Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
A third-year BTech student of IIT Kharagpur was found hanging in his hostel room on Sunday, the third such incident at the institute this year. Mohammad Asif Qamar, a civil engineering student, was found dead in his room in Madanmohan Malviya Hall. The institute said it is cooperating with authorities in the investigation and has offered condolences to Qamar's family. The institute has also reiterated its commitment to providing counseling services to students.
Six members of a family were found dead inside a car parked in Haryana's Panchkula, while one more died on the way to a hospital, police said on Tuesday, suspecting a suicide pact. Police are investigating the incident from all angles.
Her claims of being detained overnight at the police station without food or sleep and being asked to drink toilet water by police personnel have sparked widespread outrage.
If a woman can fly Rafale fighter jet in the Indian Air Force, then why are fewer women officers in gender neutral posts of judge advocate general (legal) branch of the Army, the Supreme Court wondered recently and questioned the Centre's rationale on a 50-50 selection criterion.
The Delhi High Court has ordered the removal of a YouTube video by YouTuber Shyam Meera Singh alleging misconduct against spiritual guru Sadhguru's Isha Foundation. The court found the video's title "clickbait" and restrained Singh from further publishing allegations against the foundation. The court also directed X (formerly Twitter), Meta and Google to remove the alleged defamatory content.
A blaze triggered by a suspected short circuit in a building near the iconic Charminar here on Sunday left 17 people dead, with a majority of them being children.
The Committee of Management, Shahi Jama Masjid, moved the high court challenging the suit and the Sambhal court order which directed the survey through an advocate commissioner.
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