Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.
Former Union Law Minister Ashwani Kumar has argued for replacing the existing collegium system for judicial appointments, asserting that public sentiment leans toward an alternative mechanism, potentially resembling the National Judicial Appointments Commission (NJAC). He believes that the government has the authority to propose a revised constitutional amendment for judicial appointments that would withstand judicial scrutiny. Kumar also urged the Supreme Court to establish a robust internal process to address concerns within the judiciary, including allegations against judges.
Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.
Manish Malhotra's Diwali Party had the who's who of Bollywood in attendance.
The Centre said as a matter of judicial review, the court could declare the provisions to be unconstitutional, however, the relief sought by the petitioner effectively sought to read "life-long" instead of "six years" in all sub-sections of Section 8 of the Act.
The recently-concluded Lakme Fashion Week saw celebs at their stunning best on the ramp. Who's your favourite?
Cheaper ripoffs was how China powered its way as an economic superpower but hitherto the tech realm had remained out of bounds. With DeepSeek's AI model the West, it seemed, was about to lose its competitive edge in cutting edge generative AI technology. And this is what is causing deep furrows in the forehead of tech titans in Silicon Valley.
Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. The NCLT issued a notice to the airline over the plea by operational creditor Sabarmati Aviation while asking another complainant, JetAir 17, to file additional documents in support of its claims of $27 million.
President Xi Jinping has said that no one can ever stop Taiwan's reunification with China as he signed off 2024 amid growing anxieties in the country over the continued slowdown of the economy and the return of Donald Trump, who has threatened to impose punitive tariffs and trade measures against Beijing in his second term.
Lithium-ion cells, primarily imported from China, are likely to become cheaper following punitive tariffs imposed by the US on Chinese battery cells.
'These beach shacks were meant to protect the employment of local Goans who in turn would showcase Goan cuisine and culture on the beaches of Goa.'
An 18-year-old MBBS student died after allegedly being made to stand for three hours during ragging by his seniors at a medical college in Gujarat's Patan district. The college has started a probe into the incident, which took place on Saturday. The deceased, Anil Methaniya, was a first-year MBBS student at the GMERS Medical College and Hospital at Dharpur in Patan.
Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'
The victim's mother expressed hope that the discussions between the CM and the agitating doctors would yield results.
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
The Samajwadi Party on Wednesday accused police personnel of deterring some people from casting votes in Uttar Pradesh where bypolls are underway, while the Bharatiya Janata Party alleged that the faces of some burqa-clad women voters are not matching with their IDs.
Demanding the resignation of the state's health secretary and director of health education, the striking medics said that they would also take out a rally to 'Swasthya Bhavan' - the headquarters of the health department in Salt Lake - on Tuesday noon.
Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.
The outcome of Maharashtra state elections is unlikely to move markets much, said analysts. The markets, they believe, have bigger developments to worry about in the short-to-medium term.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
Incidents of violence rocked Assam's Samaguri assembly constituency where by-elections will be held on November 13 with both the ruling Bharatiya Janata Party and the opposition Congress alleging that gunshots were fired targeting each other's supporters over the last 24 hours, police said on Sunday.
The prosecution has proved the entire chain that connected the accused with each other for achieving the goal of executing the bomb blast and perform terrorist acts, the written statement, filed by the intervenor for the victims, said.
Former chairman of selectors Sandeep Patil feels John Wright's approach of giving a free-hand to players led to his successful coaching stint with India
Indian DGMO Lt Gen Ranbir Singh raised the issue of infiltration attempts by terrorists from Pakistan into Jammu and Kashmir and "unethical act of mutilation of the body of Indian soldiers close to the Line of Control by terrorists infiltrating from Pakistan".
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
The US on Wednesday mourned the death of veteran industrialist and philanthropist Ratan Naval Tata, remembering him as someone who drove India to greater prosperity and development. Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate, breathed his last at south Mumbai's Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. "My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing modern business leadership in India.
British Prime Minister David Cameron on Friday made a historic visit to the former war zone of Jaffna to "shine a light on the chilling events" during the last phase of the war against the Liberation Tigers of Tamil Eelam, hours after Sri Lankan President Mahinda Rajapaksa cautioned against turning the Commonwealth into a "punitive and judgemental body".
Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.
Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was "unwilling" to pay the dues and that the "liquidation" was the only option left. The bench led by Chief Justice of India (CJI) DY Chandrachud was hearing the SBI-led consortium plea against the NCLAT's March order upholding ownership transfer of the bankrupt airline to JKC.
In the second edition of Global Chess League, each team will play a total of 10 matches in a double round-robin format, with the winner of each match being decided in a best-of-six board scoring system.
Film folk looked like angels when they attended a white-themed party in Mumbai on Wednesday.
Everybody talks of China as the real threat, but we aren't even building a decisive capability against Pakistan, asserts Shekhar Gupta.
This was a man who like Buddha transformed himself into achieving the impossible and being an inspiration for many generations to come, says business thinker Mudit Jain.
Night patrolling on hospital premises and regulating access for people to key areas are among the measures the Centre has asked states to implement to ensure the safety of medics at workplaces, following Supreme Court orders in the rape-murder case of a junior doctor in Kolkata.
He is the first Indian-origin person to head a 'Big-Four' audit co.
Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.
Varanasi, Detroit, and Venice have been selected to host a global initiative aimed at creating sustainable transportation solutions for cities as part of the 'Toyota Mobility Foundation's Sustainable Cities Challenge'. The initiative is a $9 million programme that will see these cities collaborate with innovators to develop and implement new mobility solutions. The cities, located in the US, India, and Italy, were chosen from a shortlist of 10 cities announced in November 2023.
