The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.
Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.
The Indian government is planning to repeal a 65-year-old law that disqualifies MPs for holding office of profit and introduce a new one aligned with current needs. The draft bill proposes to simplify the existing law, remove the negative list of offices that cause disqualification, and address conflicts with other statutes. It also seeks to empower the central government to amend the schedule of offices by issuing a notification, replacing the existing provision for temporary suspension of disqualification.
BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.
The Secret Service has acknowledged it denied some requests by Trump's campaign for increased security at his events in the years before the assassination attempt.
The Supreme Court of India has released an inquiry report into the alleged discovery of a large amount of cash at the residence of Delhi High Court judge Yashwant Varma. The report, which includes photos and videos, was uploaded on the court's website. Chief Justice of India Sanjiv Khanna has formed an in-house committee to investigate the matter and has asked the Delhi High Court Chief Justice to not assign any judicial work to Justice Varma. Justice Varma has denied the allegations, claiming they are part of a conspiracy to frame him. The inquiry report, submitted by the Delhi High Court Chief Justice, has been made public and calls for a deeper probe into the incident. The incident has raised concerns about judicial accountability and has prompted the Congress party to call for strong measures to uphold public trust in the judiciary.
The Meerut Conspiracy Case was aimed at curbing communist influence in India. However, it fueled nationwide sympathy, shaping the course of leftist politics in the country.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Security experts have warned that using Signal for discussions of this nature violates every established protocol for handling classified information.
In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.
Justice Shekhar Kumar Yadav, an Allahabad High Court judge, is set to appear before the Supreme Court Collegium to explain his controversial statements made at a Vishva Hindu Parishad (VHP) function. The Supreme Court has sought a report from the Allahabad High Court after news reports surfaced regarding Justice Yadav's remarks, which were widely condemned as "hate speech". The judge's statements, made at a VHP event, sparked outrage from various quarters, including opposition leaders and lawyers. The Bar Association of India has also condemned the judge's remarks and called for an apology.
President-elect Donald Trump has nominated Kash Patel, a close confidante, as the Director of the Federal Bureau of Investigation (FBI). This appointment would make Patel the highest-ranking Indian American in Trump's incoming administration. Patel has previously served in various roles in the Trump administration, including Chief of Staff at the Department of Defense, Deputy Director of National Intelligence, and Senior Director for Counterterrorism at the National Security Council. Trump praised Patel's work in uncovering the "Russia, Russia, Russia Hoax" and his commitment to "bringing back Fidelity, Bravery, and Integrity to the FBI." Patel, who has extensive experience in law enforcement and national security, is known for his work on the Russia investigation and his criticism of the "deep state."
Chowdhury said the voice of the Opposition has been "ignored" and that is not good for democracy.
'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'
'There is no question that Putin's preference will be to avoid unpleasantness with Trump, leave alone a collision course,' observes Ambassador M K Bhadrakumar.
Congress leader in Lok Sabha Adhir Ranjan Chowdhury and some other MPs suspended from Parliament will not be able to attend the meetings of parliamentary committees of which they are a member or chairperson till their suspension is revoked.
Ahead of the Winter session of Parliament beginning on December 4, the Congress' Lok Sabha leader Adhir Ranjan Chowdhury on Saturday wrote to Speaker Om Birla, saying the expulsion of Trinamool Congress MP Mahua Moitra from Parliament is an 'extremely serious punishment and has very wide ramifications'.
The new administrative panel would be elected within two months after convening a general body meeting, it said.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.
South Indian actress Radhika Sarathkumar on Saturday made a startling claim that objectionable videos of female actors were recorded with hidden cameras inside caravans on the shooting set of a Malayalam film and she had personally witnessed male actors watching it on their mobile phones.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
Although Roy has remained tightlipped about the agenda of his visit, the political circles in West Bengal were abuzz with speculations over his next political move.
Citing former telecom minister A Raja's communication to the Joint Parliamentary Committee on the 2G scam, Bharatiya Janata Party member Yashwant Sinha on Monday wrote to Prime Minister Manmohan Singh, asking him to appear before the committee, following the allegations levelled against him. In his letter, Sinha said any hesitation on the PM's part to appear before the JPC will prove that he has "something to hide".
'I had sought help but did not receive any support. Nobody was there.'
A day before being tabled in Goa legislative assembly, the Manohar Parrikar-led Public Accounts Committee report on illegal mining in the state has run into controversy after Congress party legislators on the committee refused to sign it on Tuesday.
One fallout of Rahul Gandhi's disqualification will be reflected in the Opposition's role in Parliament and related institutions.
The issue of CAG and PAC was mentioned in paragraph 25 of the judgment of the top court which had held that there were no irregularities in the procurement of 36 Rafale jets from France.
The Public Accounts Committee of Delhi assembly has started examining the Comptroller and Auditor General's report on the Commonwealth Games, which had indicted Chief Minister Sheila Dikshit and her government for alleged irregularities in the implementation of various projects. In its first meeting on Tuesday, a number of senior officials from the public works department deposed before the nine-member PAC headed by senior Congress member Prahlad Singh Sawhney.
A Congress member in Public Accounts Committee on Friday suggested calling former head of Commonwealth Games Organising Committee Suresh Kalmadi before the Parliamentary panel examining CAG report on games irregularities, but its chairman and BJP leader Murli Manohar Joshi seemed disinclined.
With the Public Accounts Committee of Parliament on a questioning spree in 2G spectrum scam case, it has not gone down well with Joint Parliamentary Committee chairman PC Chacko who feels that the PAC has gone beyond its mandate, and wants a 'conflict' to be avoided. Chacko underlined that the PAC's mandate was limited to looking into accounting irregularities in the 2G spectrum allocation as highlighted by the comptroller and auditor general, and it should not give an impres
Even as Bharatiya Janata Party MPs are boycotting the Joint Parliamentary Committee looking into the 2G spectrum scam, the panel's chairman P C Chacko has ruled out summoning of Prime Minister Manmohan Singh.
In the first objection from within Congress, Finance Minister Pranab Mukherjee on Sunday said he is not in favour of Prime Minister Dr Manmohan Singh appearing before the Public Accounts Committee on the 2G spectrum issue as he was accountable to the Lok Sabha and "not to any committee".
Senior Bharatiya Janata Party leader Dr Murli Manohar Joshi indicated that he will not be taking up the 2G spectrum scam in the Public Accounts Committee meeting to be held next week.
Congress president Mallikarjun Kharge has called for tough decisions and unity within the party after the Congress suffered electoral defeats in Maharashtra and Haryana. In a meeting with top party leaders, Kharge highlighted the need to strengthen the organization from the grassroots, fix accountability, and address internal bickering. He also urged leaders to remain united and avoid public criticism of each other. The Congress chief expressed concern over the party's performance in state elections despite a strong showing in the Lok Sabha polls earlier this year. He acknowledged the need to learn from the setbacks and improve the party's strategy and communication to counter its rivals' propaganda.
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
With the 2G spectrum issue getting caught in a logjam in the Joint Parliamentary Committee, the Bharatiya Janata Party on Friday sought to bring the matter to the forefront of Parliament's Public Accounts Committee, saying the matter is pending and should be disposed of.
As a controversy rages over the draft report by the Public Accounts Committee on the 2G scam, Parliamentary experts are unanimous that recommendations of a Parliamentary committee has to be accepted or at least "taken seriously" by the government.According to constitutional and parliamentary experts, though the PAC is a recommendatory body, reports of which are not legally binding, traditionally the government has accepted most of the reports submitted by it.
