The Supreme Court on Tuesday dismissed an appeal of Reliance Industries Limited and two of its officials against a decision of the Securities Appellate Tribunal, which had upheld a penalty imposed by markets regulator Sebi for not making prompt clarification to stock exchange about the Jio-Facebook deal.
Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. "This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production.
The change in the government's engagement with the economy's need for reforms is more nuanced than how analysts have so far perceived it, points out A K Bhattacharya.
'They are saying that there is a pilot shortage which is not correct, but if it was true, did they suddenly come to know this on December 5?' 'If they didn't have crew, why did they seek approval for a winter schedule? To get the approval, the operator has to show crew strength and also a buffer of crew available.' 'If they had a crew crunch, why did they ask for extra flights? Or was it something else that made them so sure that they would get away with this exemption and bans?'
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.
'There'll be extended periods where things aren't working in your favour. But if you believe in the cause profoundly, then you simply persevere.'
'. I had never expected that our party would get less than 4 per cent votes in the assembly polls'
The legendary Mikoyan-Gurevich MiG-21 fighter jets, the the backbone of the Indian Air Force's combat fleet for more than six decades, streaked through Indian skies for the last time on Friday -- its final adieu edged in history and many a remembrance.
'It's far-fetched to say that human thinking will become subservient.'
Prime Minister Narendra Modi inaugurated Skyroot's Infinity Campus, highlighting government reforms and the rise of private space companies in India. He also unveiled the company's first orbital rocket, Vikram-I.
I learn that success isn't measured in metres gained but in how we handle the moment when plans dissolve. The mountain doesn't grade on completion -- only on presence and effort, discovers Manoj Mohanka.
Lando Norris can be crowned champion on Sunday but a win for Oscar Piastri would take the battle down to a final showdown in Abu Dhabi next weekend.
The consumer price index (CPI)-based inflation hitting an all-time low in October would encourage the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to cut the policy repo rate in its upcoming December 3-5 meeting. However, the July-September GDP growth, expected to be above 7 per cent, may act as a deterrent.
India captain Harmanpreet Kaur's endorsement portfolio is expected to triple in the coming months.
'If the targets become unscientific and unjust, Then, just to meet CAFE-III regulation, a small car -- which produces a very low absolute carbon dioxide -- will have to be discontinued.'
Abdullah emphasised the 24x7 model of politics pursued by Prime Minister Narendra Modi and his team, and said that "no sooner has one election finished, they've already moved into the next territory... We will move into those states two months before the elections. We will be lucky if we sew up our electoral alliances before the last date of filing nominations".
Outgoing Chief Justice of India BR Gavai defends the Supreme Court's verdict on governors' powers, emphasizing the principle of separation of powers and judicial independence.
The Premier League side said on Thursday they would formally raise their concerns with UEFA, the host club and French police over the "unnecessary and disproportionate" force their fans were subjected to.
With deposit growth remaining sluggish and the credit - deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market. In the fortnight ended November 14, CD issuances climbed to nearly Rs 55,000 crore - double the borrowings of the preceding two fortnights and the highest since the September 19 fortnight.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Younger customers should opt for increasing cover as their financial commitments are likely to rise in the future.
The well-fought defensive battles in Aksai Chin and eastern Arunachal, in remote and forbidding locations such as Galwan, Rezang La, Gurung Hill and Walong, effectively halted Chinese advances not once but twice during the campaign. These engagements, fought with grit and without adequate support, were not immediately known to the world in 1962, points out Dr Kumar.
After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.
The Supreme Court has addressed the issue of reservation quotas in Maharashtra local body elections, stating that the final results of elections in 57 local bodies, where the 50% quota ceiling has been breached, will depend on its judgment in the case.
Among Sensex firms, Bajaj Finserv, Bajaj Finance, Tata Steel, Reliance Industries, Sun Pharma, Tata Motors Passenger Vehicles, Axis Bank and Infosys were among the major gainers. Bharti Airtel and Asian Paints emerged as the laggards from the pack.
Lieutenant Colonel C Dwarakesh is the only completely blind officer to continue in the Indian Army after losing his eyesight while in service. In his remarkable journey after disability, he enhanced his education qualification, scaled the Siachen Glacier and found purpose in sport.
'First-time or conservative investors should avoid narrow sectoral funds.'
Students at Tezpur University in Assam have shut down the institution, protesting against Vice Chancellor Shambhu Nath Singh over allegations of corruption and financial irregularities. The shutdown has led to the cancellation of end-term examinations and has garnered support from teachers and non-teaching staff.
The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.
Tokyo Olympics silver medallist and women's badminton great Tai Tzu-ying of Chinese Taipei announced her retirement from the sport, bringing curtains down on a glittering career during which she won 17 BWF World Tour titles and finished runner-up in 12 tournaments.
The Karnataka High Court has disposed of a petition filed by the RSS, granting permission for a route march in Chittapur with a limited number of participants and band members.
Algo trading should be segregated in a separate account with only risk capital deployed.
'Women weavers are hardworking, open to learning, resilient.' 'They finish their cooking, housework, puja, then they come to weave.' 'They care about design. They care about beauty.'
In October, small car wholesales of the auto industry -- excluding Tata Motors -- went up by 8.4 per cent Y-o-Y to 116,601 units, the data showed. However, the utility vehicle (UV) segment which includes sports utility vehicles (SUVs) as well as multi-purpose vehicles (MPVs), saw a bigger growth in October.
Even by conservative assumptions that 5 to 10 per cent of infected individuals develop long Covid, India today may be home to 50 to 100 million infected individuals -- many silently coping with breathlessness, fatigue, palpitations, brain fog, or unexplained clotting tendencies.
Senior batter Virat Kohli's awesome genius in 50-over format was on full view during his 52nd hundred that guided India to a strong 349 for eight against South Africa in the first ODI of the three-match series in Ranchi on Sunday.
Equipped with torpedoes and anti-submarine rockets, the first of the Mahe-class anti-submarine warfare shallow water craft (ASW SWC) was delivered to the Navy on October 23.
While having an MBBS degree allows you to offer consultations, having a PG provides you with more credibility and knowledge, explains rediffGURU Dr Nagarajan JSK.
The Supreme Court's opinion on the presidential reference can impact on any number of cases if and when governors, if not the President, take a literary view of the Supreme Court's 'ppinion' on their 'discretionary powers' without reference to the rider on 'reasonable time', points out N Sathiya Moorthy.
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