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.
A top Sebi official on Friday criticised the RBI's "conflicting" roles as a regulator of the government securities market and as a market participant, suggesting that Sebi was better suited for the regulatory function.
Defending champion Seema Punia settled for a bronze in the women's discus throw event in the Asian Games in Jakarta on Thursday.
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.
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 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 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.
Tehreek-e-Taliban militants, who launched a major assault on Pakistan's largest airport in Karachi, were carrying XStat devices, which can heal gunshot wounds within seconds and were aiming for a long siege of the facility, a security official said on Monday.
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
WATCH! All the action in Rajya Sabha
In a blow to the Gujarat government, the high court on Wednesday quashed an ordinance issued by it to pave way to delay local bodies polls.
The unexpected interest rate hike by the RBI on Wednesday will have the banking system on average making a 10-15 bps gains on the yields, with private banks making larger gains as 57 per cent of their loans are linked to external benchmark rate and 40 per cent to the marginal cost of lending rates, as per a report. Stating that lenders and borrowers will face volatile times with the Reserve Bank raising the repo rate by 40 bps to 4.40 per cent and the cash reserve ratio (CRR) by 50 bps on May 4 in an off-cycle policy move, India Ratings said the market rates had already been moving higher before the move. The 364-day T-bills have moved up 120 bps and 10-year G-sec by 140 bps since May 2020, when the repo rate was cut to a record 4 per cent, which led to an expectation of a faster and sharper rise in interest rates in the system but the central bank stayed the course to support the fragile economy battered by the pandemic.
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.
Jitu Rai struck gold twice with his pistol while Kerala's swimming sensation Sajan Prakash continued to shatter records and accumulate gold medals, adding a fifth to his tally, on the fifth day of competitions in the 35th National Games in Thiruvananthapuram on Thursday.
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.
Promising sprinter Dutee Chand bagged her second gold medal, winning the women's 200 metres, in a clean sweep of medals by Indians at the Taiwan Open Athletics Championships, Taoyuan City, Taiwan, on Friday.
His son and ace golfer Jeev Milkha Singh lit the funeral pyre.
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
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.
In what is the first ever verdict in India on the right to freedom of speech on the Internet, the Supreme Court has scrapped Section 66 A of the IT Act. Justices J Chelameswar and Rohinton F Nariman said that 66 A cannot be properly implemented as governments come and go.
Before the Supreme Court struck down Sec 66A of the IT Act, it was used with devastating effect against anyone posting critical comments online.
Olympian Gurmeet Singh on Sunday won a bronze medal but Khushbir Kaur had to be content with a fourth-place finish in the Asian 20km Walking Championship, held at Nomi City, Japan.
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.
Star India grappler Vinesh Phogat won her second consecutive gold in 53kg
The per second billing introduced by telecom companies has come as a boon to millions of mobile users in the country but it is proving to be a bane for cellular service providers as it is affecting their revenues, feel industry experts.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Divya Rolla explains how these asanas will help you improve your overall health.
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.
The Centre has sought a detailed report from the West Bengal government on the circumstances leading to the violence.
Completing a marathon below two hours and 10 minutes is considered an arduous task, but Kenyan athlete William Kipsang is determined to do just that at the ninth Standard Chartered Mumbai Marathon on Sunday.
Summary of sports events and persons who made news on Friday
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.
Apprehending misuse of Section 377 of the Indian Penal Code against homosexuals in the future, Law Minister Veerappa Moily has said the law should not become an instrument of exploitation by authorities.
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three other countries.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
