The Constitution bench is hearing a batch of 58 petitions challenging the demonetisation exercise.
'They keep issuing statements to win a few rounds of applause.'
The government also sought approval from Parliament for equity infusion worth Rs 2,345 crore into struggling Air India and another Rs 1,300 crore for Air India Asset Holding.
Opposition-ruled states of Kerala, Karnataka, and Tamil Nadu opposing the Bill as they fear losing some of their powers
India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired power stations across the country have comfortable levels of the fuel stock to meet electricity demand of the world's fastest expanding major economy.
The air quality in Delhi remained poor Sunday with drop in wind speed even as authorities predicted further fall in air quality index of the national capital in the coming days.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
NSE managing director and CEO Vikram Limaye on Wednesday said that he will not seek a second term at the stock exchange when his five-year term ends in July. This comes amid the National Stock Exchange (NSE) facing the regulatory probe in a case related to governance lapses at the bourse as well as in the co-location matter. "I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway. My tenure ends on July 16, 2022," Limaye said in a statement.
State-owned Doordarshan is in the process of fine-tuning a Rs 500 crore (Rs 5 billion) direct-to-home television satellite project and has got the Prasar Bharati board's approval for this.
The RBI, according to the source, wants details on the procedure followed for credit appraisal by the bank while giving loans to Videocon.
The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.
Ashok Gehlot has proved that a strong state leader can challenge the Congress high command.
'This shows how casually these officials approached a dispute simmering for years which finally erupted into violence.'
Initial public offering (IPO)-bound Life Insurance Corporation (LIC) of India's assets under management (AUM) increased to Rs 38 trillion as of September 2021, compared with Rs 37 trillion as of March 2021, said sources in the know. Its AUM is almost 3x the AUM of all the private life insurers in the country and over 15x more than the AUM of the second largest life insurer, SBI Life, as of September 2021. SBI Life's AUM was approximately Rs 2.4 trillion as of September 2021, said sources.
'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'
How expensive was this 'picture of the century'?
Xiaomi plans to bring global component suppliers to India and this could potentially bring investment of at least Rs 15000 crore
'We would love to have more players entering the market because that is how the business will grow.'
In a bid to enhance preparedness for disaster management among government officials involved in management of the annual Amarnath Yatra starting July 2, National Disaster Management Authority has planed to conduct a three-day mock drill.
The Kerala government dubbed Desai's attempt to visit Sabarimala as a 'conspiracy'.
"Don't mess up with the education system", the Supreme Court said on Thursday while refusing to direct the Central Board of Secondary Education and the Council for the Indian School Certificate Examinations to provide option of hybrid mode, instead of only offline mode, to the students for appearing in class 10 and 12 board examinations amid the COVID-19 pandemic.
She added that Washington wants to facilitate both the Palestinian Authority and Israel coming together, 'being accountable' and moving forward for peace.
Justice Jasmeet Singh, who was hearing a plea by the Delhi Waqf Board seeking a direction to open the mosque for the holy month, clarified that no "Tablighi activities" and lectures can take place on the premises and only prayers can be offered.
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel continue to remain frozen. The Indian basket on June 9 touched $121.28, matching levels seen in February/March 2012, according to data available from the oil ministry's Petroleum Planning and Analysis Cell (PPAC). As per the PPAC, the Indian basket of crude oil averaged $111.86 per barrel between February 25 and March 29 - the immediate period after Russia's invasion of Ukraine sent oil on fire.
The top court also held that medical opinion regarding the age of an accused cannot be 'brushed aside' in the absence of statutory proof on the same issue.
Maruti Udyog Ltd, India's biggest carmaker, plans to set up a greenfield manufacturing facility in Haryana to meet increasing volumes.
Indians having undisclosed income in the United States (US) may face proceedings under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, this financial year. Also, those named in global leaks may be searched, show-caused, and prosecuted, according to the FY23 internal action plan of the Central Board of Direct Taxes (CBDT). The CBDT has rolled out an aggressive target and timeline to investigate tax evasion matters, especially those involving undisclosed foreign assets.
As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.
With the Indian Navy's requirement of conventional submarines standing at 24, there is critical need to expedite the planned acquisition of six more conventional submarines.
The balloon, which was being used by the People's Republic of China in an attempt to surveil strategic sites in the continental United States, was brought down above US territorial waters.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.
In order to complete in time the project, an initiative of the Kerala government and Dubai Holding, the board also granted special powers to the executive members and strengthened the executive team.
Prime Minister Narendra Modi on Friday flagged off the Gandhinagar-Mumbai Vande Bharat Express semi-high speed train.
MV Ganga Vilas will begin its journey from Varanasi and sail around 3,200 km in 51 days to reach Dibrugarh in Assam via Bangladesh, traversing across 27 river systems in the two countries, it said.
The same testing technique would also be used for monitoring in green zones districts which have reported no cases till now or in the last 21 days, the Union health ministry said while issuing 'Guidelines for RT-PCR based pooled sampling for migrants/returnees from abroad/green zones'.
'I would say it is not going to be days and weeks. It is going to be months and years, over which we would make an assessment on the decisions taken by the Parliament at this point of time. 'We are in for a long haul is what I would say.' It was a very diverse India, which was coming together, politically, in a very cohesive, democratically-resilient way." Professor Navnita Behera examines the wisdom of the exit of Article 370 in Jammu and Kashmir.
Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove managing director and CEO Punit Goenka and two independent directors. The company said it will support the merger of Zee and Sony, contending the "deal in its current form has great potential for Zee shareholders" but added if it is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM. Two days after the Bombay high court ruled that Invesco's call for EGM was legally valid, the investment firm in a statement said, "Since we announced our intention to requisition an EGM and add six independent directors to Zee's Board of Directors, Zee has entered into a merger agreement with Sony.
IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT). While updating the progress of the resolution progress, the IL&FS board, led by Uday Kotak, said Rs 55,000 crore debt would be resolved through asset monetisation, restructuring and insolvency proceeding initiatives. Some of this has already been completed while the rest is at different stages of resolution, it said in a brief snapshot on the progress made in the ongoing resolution process till December 7, 2021, and suggested estimates of progress to be made by March 2022.
A 1,200-year-old Hindu temple in Pakistan's Lahore city will be restored after 'illegal occupants' were evicted from it following a lengthy court battle, the federal body overseeing minority worship places in the country said on Wednesday.
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