A new cabinet in the state will be in place in the next 48-72 hours.
The National Stock Exchange (NSE) on Monday cautioned investors against some fraudsters running illegal dabba trading with guaranteed returns to investors. Dabba trading is an illegal form of trading in shares, where operators of such trading rings allow people to trade in equities outside the stock exchange platform. The cautionary statements came after NSE found that the entities -- Shri Parasnath Commodity Private Limited, Shri Parasnath Bullion Private Limited, Faary Tale Trading Private Limited and Bharat Kumar (associated with Trade with Trust) --were providing dabba or illegal trading platform with assured returns.
'Customers will end up pre-buying laptops, even at inflated rates. The same is true for second-hand and refurbished pieces that a company's authorised stores sell.'
'The stockbroker should have a good balance sheet to support its scale of operations. It should also have proper risk management in terms of margins so that it doesn't go bankrupt during extreme market movements.' 'The broker must have a track record of navigating several market cycles in an ethical and transparent manner.'
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
The 36-year-old was involved in match-fixing with two Algerian players
Amid outrage over a plan to give powers to its arm Press Information Bureau to police fake news on social media, Union Minister Rajeev Chandrasekhar on Tuesday said that the government will hold discussions next month with stakeholders before the proposal is implemented.
The Congress steering committee on Friday approved several amendments to the party constitution, one of which is to give permanent membership to former prime ministers and former party presidents in the all-powerful working committee.
189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year increase.
'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'
The pact is significant as India has been sourcing its military jets from Russia and European consortia.
The A-list cast of Christopher Nolan's Oppenheimer left the film's London screening midway in solidarity with the strike called by the Hollywood actors union.
Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.
The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
The key platforms that India has been exporting are Dornier-228 aircraft, 155 mm Advanced Towed Artillery Guns (ATAGs), Brahmos missiles, Akash missile system, radars, mine protected vehicles, armoured vehicles, Pinaka rockets and launchers, ammunition, thermal imagers and various components of avionics and small arms.
The Uttarakhand government on Friday decided to waive for six months electricity and water bills of families and individuals affected in the subsidence-hit Joshimath.
A bench comprising Justice Ashwani Kumar Mishra and Justice Ashutosh Srivastava passed the order on the public interest litigation filed by one Sudhir Kumar who argued that the film, if released/broadcast, is likely to create hatred amongst different religious denominations and thereby destroy the secular fabric of India.
The Reserve Bank of India (RBI) has allowed the opening of nine special vostro accounts with two Indian lenders - Uco and IndusInd Bank - to facilitate overseas trade in rupee, Commerce Secretary Sunil Barthwal said on Tuesday. Apart from the domestic lenders, Russia's two largest banks - Sberbank and VTB Bank - are the first foreign lenders to have received approval from the central bank for settling international trade transactions in rupee. "Nine accounts have been opened. One each in Uco Bank, Sberbank, and VTB and six with IndusInd Bank. There are six different Russian banks who have opened special vostro account in IndusInd," Barthwal said.
The government wants a collaborative model with a public-private partnership to fact-check social media content.
Maruti Suzuki India on Tuesday said it is recalling 9,125 units of its models Ciaz, Brezza, Ertiga, XL6 and Grand Vitara to fix possible defects in a part of the front row seat belts. The affected vehicles were manufactured between November 2-28, 2022, Maruti Suzuki India said in a regulatory filing.
The pilot of Air India AI-915 Delhi-Dubai flight on February 27 allowed a woman friend to enter the cockpit, according to a complaint filed by a cabin crew member on the same flight.
The guild said that already multiple laws exist to deal with content that is found to be factually incorrect.
About half of the students, who have been affected by the war, have taken admission to universities in other countries.
India on Thursday said it promotes engagement with Taiwan in several areas including trade and investment and Taipei's decision to open an economic and cultural centre in Mumbai should be seen in that context.
'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'
In a move that would give a big boost to equity trading, the Securities and Exchange Board of India on Friday permitted mobile trading and smart order routing between stock exchanges.
BSE's fresh shot at cracking the derivatives market is off to a promising start. However, Asia's oldest bourse is facing resistance from brokerages with nearly 10 large brokers yet to offer the relaunched Sensex and Bankex derivatives on their platforms. Many brokers maintain that they are working on the back end to enable BSE derivatives on their apps and websites. Some said while volumes are picking up, they are still miniscule compared to bigger rival NSE, which is the most-preferred venue for derivatives trading. Only a few brokers responded to formal queries sent by Business Standard on the issue of allowing BSE derivatives on their platform.
Members of the IMA and IPA had met Mansukh Mandaviya on Monday and expressed their concerns over the regulations.
A bench of justices KM Joseph and BV Nagarathna deferred the matter after lawyer Ashwini Upadhyay mentioned it saying it be heard on April 5 or 6 as it was unlikely to be heard during the day.
Gandhi drove to Kharge's residence and held a closed-door meeting with the Congress chief.
With Siddaramaiah and Shivakumar both staking claim to the top post, they are lobbying hard for it with supporters of each one raising the pitch in support of their leader.
The Reserve Bank on Tuesday directed digital lending entities to disclose upfront the names of of their empanelled agents authorised to contact borrowers in case of default of loan, and also intimate the details to customers before initiating the recovery process. In August last year, the RBI had tightened norms for digital lending to prevent charging of exorbitant interest rates by certain entities and also check unethical loan recovery practices. Under the new norms, all loan disbursals and repayments are required to be executed only between the bank accounts of borrower and the regulated entities (like banks and NBFCs) without any pass-through/ pool account of the Lending Service Providers (LSPs).
The National Stock Exchange (NSE) has asked investors not to put their money in any scheme promising assured returns from investments in the stock market. The advisory comes after the bourse found that two entities -- Pruthvi Consultancy Services and KBK Advisory -- were offering such schemes and assuring guaranteed returns on stock market investments.
Police have advised people to use the navigation app 'Mapmyindia' to get around the city till the restrictions are in place.
This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.
The Supreme Court on Monday dismissed a PIL seeking to allow secret ballot in polls for the Rajya Sabha and state legislative councils, observing that the open ballot system is needed to "prevent cross voting and maintain party discipline".
Nerves gave way to smiles at the spaceport in Sriharikota as delays and an anomaly-triggered 'hold' forced Indian Space Research Organisation (ISRO) scientists to revise the launch schedule of a test vehicle carrying payloads related to the country's ambitious human space flight mission, Gaganyaan which soared into skies after initial hiccups.
The first on the list is Hussain Shaheed Suhrawardy, a Bengali politician from then East Pakistan who served as the fifth prime minister. He was arrested in January 1962 and put in jail on bogus charges of "anti-state activities". His actual crime was his refusal to support military ruler General Ayub Khan.
On March 13, Minister of State for Finance Pankaj Chaudhary had tabled the second batch of supplementary demands for grants in the House amounting to a total of Rs 2,70,508.89 crore.
Uttar Pradesh Special Director General of Police Prashant Kumar on Wednesday said it would not be appropriate to say if Pakistani citizen Seema Haider, who entered India illegally in May and is staying with her partner in Noida, is a spy "unless we have enough proof".
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