The BJP, which has emerged as the main opposition party in West Bengal after winning 77 seats in the assembly polls last year, failed to win even a single civic body.
Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.
The national scheduled castes panel on Tuesday issued notices to Union human resource development secretary and IIT-Madras Director asking them to appear before it on June 8 amid a political row over de-recognition of a students' body comprising mostly dalits.
The latest in this class is the complaint of insider trading filed by the United States Securities Exchange Commission against many individuals in a Manhattan court. The list of individuals includes Anil Kumar, a member of the much-feted Indian School of Business and reputed hedge fund manager Raj Rajaratnam.
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
Sprinter Revathi Veeramani is part of the 4x400m Indian mixed relay team in the Tokyo Games, starting July 23.
The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information about mutual funds.
'I am ecstatic as I believe this is not my victory but it is a win for the people of the country who have a right to freely express themselves. It is the victory for everyone who uses the internet and social media.' 'I think the internet is all about self regulation, and as long it is about people expressing themselves and not causing any criminal harm to anyone, it should be allowed.' Shreya Singhal, whose PIL resulted in Section 66A of the IT Act being struck down by the Supreme Court, speaks to Upasna Pandey.
Authorities in Latur have imposed an order prohibiting the gathering of more than five persons in areas around water storage tanks to avoid any possible violence over water.
US market regulator Securities and Exchange Commission has charged Countrywide Financial founder Angelo Mozilo and two former executives with securities fraud. Mozilo, who is the former chief executive of financial services entity Countrywide along with David Sambol and Eric Sieracki, have been charged with fraud for misleading investors about the significant credit risk taken by the company.
The RBI's financial stability report has on Wednesday highlighted the disconnect between the real economy and equity market yet again. The central bank observed that Indian equities were trading at rich valuations, with several metrics such as price to earnings multiples, price to book ratio, market cap to GDP and the cyclically adjusted P/E ratio, or Shiller P/E, at above historical averages. For instance, as on December 13, the one-year forward P/E ratio for India was 35.1 per cent, above its 10-year average, and one of the highest in the world.
'There is a loss of camaraderie .. no one speaks unless i'ts work related .. it's like a laboratory where some rather deep scientific experiments abound.'
Divya Rolla explains how these asanas will help you improve your overall health.
Biological E has received approval for conducting phase II/III human clinical trial of COVID-19 vaccine candidate Corbevax on children above five years and adolescents, the Department of Biotechnology (DBT) said on Friday.
Foreign Secretary Harsh Vardhan Shringla has met top Biden administration officials, including Secretary of State Antony Blinken and Deputy Secretary Wendy Sherman, and held substantive discussions with them on the strategic bilateral ties and regional and global issues like the current situation in Afghanistan after the Taliban seized Kabul.
Quartermiler Mohammad Anas and long jumper Ankit Singh booked their Olympic tickets with national record shattering efforts while 200m specialist Srabani Nanda also qualified for the Rio Games in various competitions aboard on a memorable day for Indian track and field athletes on Sunday.
Asian Games medallist Tintu Luka ruled the track on the final day of competition at the 35th National Games, smashing an 18-year-old meet record to win the 800 metres gold before inspiring Kerala to the 4x400m title in Thiruvananthapuram on Friday.
The New York Stock Exchange-listed Indian IT major Satyam Computer Services' founder and then-chairman Ramalinga Raju had shocked the world three weeks ago on January 7 with the disclosure of a massive financial wrongdoing to the tune of over a billion dollar at the company. This was followed by the NYSE suspending trading in Satyam shares the very same day.
The GMC poll was being seen as a litmus test for the BJP in the backdrop of its sudden and surprising decision to change the state's chief minister and the entire cabinet recently, ahead of the state Assembly polls due next year.
Lok Sabha Speaker Meira Kumar's secretary A P Pathak was on Friday removed from his post shortly after the Central Bureau of Investigtion searched his premises in an alleged disproportionate assets case during which the agency claimed to have recovered documents of properties worth crores of rupees.
Hedge funds maximise absolute returns using a broad range of strategies including unconventional and liquid investments. Quoting people familiar with the matter the Wall Street Journal said: "The Securities and Exchange Commission ordered more than two dozen hedge funds to turn over trading information as it ramps up its investigation into whether traders were spreading rumours to manipulate shares."
The uncertainty created by the jump in COVID-19 infections and localised lockdowns prompted RBI Governor Shaktikanta Das and other members of the rating setting panel MPC to unanimously vote for status quo in interest rates and an accommodative policy stance to support growth, as per minutes of the meeting released on Thursday. "The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committee (MPC) which ended on April 7. The renewed jump in COVID-19 infections in several parts of the country and the associated localised and regional lockdowns add uncertainty to the growth outlook, he observed, as per the minutes of the meeting released by the central bank.
India began their campaign in the World Athletics Championships on a disappointing note with sprinter Dutee Chand and quartermiler Muhammed Anas Yahiya crashing out in the first round heats in London on Saturday.
As many as 40,000 units of the much-hyped handset launched exclusively on Flipkart, was sold out within 4.2 seconds, said company head Hugo Barra on Twitter.
In a series of tweets after the Drugs Controller General of India (DCGI) approved Oxford's vaccine Covishield and Bharat Biotech's Covaxin for restricted emergency use, Modi said it will make every Indian proud that both the vaccines are made in India.
The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend.
The proposed move would help in cutting down compliance costs and reducing the friction between rules enacted by capital markets watchdog Sebi, depositories and government, experts said.
The panel also recommended giving approval to Bharat Biotech for carrying out a study on interchangeability of its Covaxin and the under-trial adenoviral intranasal vaccine candidate BBV154, but asked the Hyderabad-based firm to remove the word "interchangeability" from the study title and submit a revised protocol for approval.
This is Blinken's first visit to India after assuming charge as the US Secretary of State and the third by a high-ranking Biden administration official after it came to power in January.
His son and ace golfer Jeev Milkha Singh lit the funeral pyre.
A multi-storeyed historic guest house in posh Malabar hill was pulled down in Mumbai on Monday by a modern implosion technique employed for the first time in this metropolis.
The BJP has won just eight out of the 40 zila panchayat seats in Ayodhya, a disappointment for the ruling party in the district on which the Centre and the state government have lavished much attention.
The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.
Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said. Rapid vaccination and teeming festivities will push India's ongoing recovery resulting in narrowing of demand-supply mismatches and greater employment opportunities, as per the monthly Economic Review prepared by the ministry.
According to the US Securities and Exchange Commission, Ramesh "Sunny" Balwani and the founder Elizabeth Holmes raised money by deceiving investors about the company's technology, business and financial performance, raising more than USD 700 million in years-long "massive fraud".
Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's. NSE Nifty slipped 20.10 points to 15,670.25.
The UN Security Council is scheduled to vote on Friday evening on a draft resolution on Russia's military operation in Ukraine as well as the escalating situation in the eastern European country.
The Madras High Court on Thursday stayed the operation of certain sub-clauses of the recently introduced Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
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