Gold prices fell to a 5-year low of less than $1,100/ounce.
The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.
The tenures of three more officers -- Joint Director Arun Kumar Sharma, Deputy Inspector General Manish Kumar Sinha and Superintendent of Police Jayant J Naiknavare -- have also been curtailed, it said.
While the BJP demanded that the polls in the Raja Rajeshwari Nagar constituency are countermanded, the Congress alleged that the apartment belonged to a BJP leader.
The hearing on as many as nine petitions, including those filed by the Editors Guild of India and senior journalists seeking independent probe into the alleged Pegasus snooping matter is presently on.
Andhra's chase was anchored by right-handed opener Hebbar, who hammered six boundaries and a six, despite losing partners at the other end.
Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.
Sukanya Verma suggests that one can take a leaf from these Bollywood movies and see the extent folks can go to cover their prized faces.
Scores of protesting farmers from Punjab and Haryana on Saturday took out protest marches against the Centre's three farm laws even as police used a water cannon to disperse cultivators as they broke barricades at the Chandigarh-Mohali border.
'When I stepped on Indian soil, I lay down on the ground and kissed my homeland.'
Whether it's a filmi rite of passage or just another facet of nepotism, quite a few star kids began their journey as ADs.
10 frontline filmmakers announced their decision to return the prestigious National Awards over the government's "apathy" in addressing the students issues and the environment of intolerance.
A BJP victory in the high-octane West Bengal election could have turned the fortunes in rival Kailash Vijayvargiya favour, reports Sandeep Kumar.
According to them, these marches were a "rehearsal" for their proposed January 26 "Kisan Parade" to the national capital from different parts of Haryana, Punjab and Uttar Pradesh.
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
'Every family in UP has been deeply affected in this second wave.' 'It has only been denial, denial, and denial by the incumbent CM.'
The case files and documents have been sent to the CVC for scrutiny following the Supreme Court's order directing the vigilance body to inquire against Verma.
"Your Google has started now, but our Google started a long time back. Narad Muni was the epitome of information. He could reach anywhere and transfer a message from one place to another by saying 'Narayana' three times," he said.
Two persons, including a guard of the Mathura jail, have been arrested in a firing incident, believed to be a fallout of gang war, that took place inside the jail premises two days ago.
Apprehending attack by Pakistan's Border Action Team on forward posts and patrol parties in the run up to Republic Day, Army has sounded an alert along the boundary with Pakistan in Jammu and Kashmir.
It also asked the farmer leaders to submit their response within three days, explaining why legal action should not be taken against them as they did not follow conditions set for the parade.
Two army jawans and a woman were killed while 11 people were injured as Pakistani troops targetted villages and security posts at various places in Jammu and Kashmir since Friday night which triggered migration of hundreds of people from some border areas.
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
'Everywhere, people would ask me why I had left films. They wanted to see more of me.' 'Their words were music to my ears.'
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
Haryana were 238 for 7 on the opening day of Ranji Trophy Super League match against Saurashtra in Rajkot.
The action has been taken in view of the report submitted by Circle Officer (Ghaziabad Zone 1) Rakesh Mishra, who was probing the matter, the SSP said.
Considering it narrates seven stories about the different facets of life, Zindagi In Short is shockingly lifeless, Joginder Tuteja observes.
'When the Americans are talking about colonising Mars by 2030, India cannot be lagging behind.'
Sab Kushal Mangal is a cute film, but it is the climax that is absolutely disappointing
Grandmaster and Commonwealth champion Abhijeet Gupta created history at the Hoogeveen International chess tournament by becoming the first player ever to win the title twice in a row in the FIDE Open that concluded in the Dutch hamlet.
What was Bollywood up to on Maharashtra Day?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Multiple pleas have been filed in the top court seeking a direction to authorities to immediately remove the farmers, saying commuters are facing hardships due to the road blockades and the gatherings might lead to an increase in the number of COVID-19 cases.
A 'communication dated May 6, 2014 received from Justice J S Khehar was placed before the Chief Justice of India on May 7.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
The petitions alleged that these laws would dismantle the Agricultural Produce Market Committee system intended to ensure fair prices for farm products
As people milled around the hospital compound, some stunned into silence by the enormity of the tragedy that felled their loved one and others holding back tears, the injured were inside, grappling with their wounds and trying to piece together what had happened.
