Six entities including four foreign portfolio investors (FPIs) are under lens for suspicious trading in Adani group shares prior to the release of the damning Hindenburg report, the Supreme Court-appointed expert committee has said. There was a build up of short positions in the Adani scips prior to the January 24 release of the Hindenburg report, and substantial profits were booked thereafter as stocks crashed, the 178-page report said. A "short" position is generally the sale of a stock one does not own.
Bajrang skips Worlds trials in Patiala, set to leave for Kyrgyzstan to prepare for Asian Games
The Assam government wants to ban polygamy as "a component of the Uniform Civil Code" and will form a committee to examine whether the state legislature was empowered to prohibit the practice prevalent in parts of the state, Chief Minister Himanta Biswa Sarma said on Tuesday.
The petition alleged that "illegal mining" was being carried out by Singh, the MP from Kaiserganj, in Majharath, Jaitpur and Nawabganj villages of Tarbganj tehsil in the district.
33 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.
Investors can sell a part of the stocks, mutual funds, exchange-traded funds, and other securities held in their portfolios at a loss and use this loss to offset tax on the capital gains made on the sale of other securities.
Can we laugh away the Supreme Court order on implementation of inter-linking of rivers as a comedy or tragedy, asks Himanshu Thakkar.
The future of both Bihar and the country would be determined by the outcome of the "crucial" polls in the state, Congress President Sonia Gandhi said on Saturday while sharply attacking Prime Minister Narendra Modi whom she described as an expert in "packaging and repacking".
Perhaps never in the history of independent India has one pillar of the Constitution implicitly castigated another pillar -- the executive, in this case -- as heavily as the Supreme Court has done this time.
Pakistan-India bilateral relations remained frozen for the fourth year over the vexed Kashmir issue but analysts hope the strained ties could be repaired if Nawaz Sharif becomes the prime minister for a record fourth time in the general elections in February in the absence of his main challenger Imran Khan who is in jail in multiple cases.
'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'
The panel will be asked to give report by March-April next year.
'Approaching the SC, getting a favourable decision and overturning the situation (the speaker's order), will be too much to ask for in too short time.'
The calls for bestowing Sachin Tendulkar with the Bharat Ratna may have got louder after India's World Cup triumph but giving the country's highest civillian honour to the batting icon would require tweaking of the criteria that has been laid down for the coveted award.
The plea sought the setting up of an independent expert committee to probe the killing of Atiq and Ashraf.
Union excise duty collection dropped 18 per cent in August year-on-year at a time when the overall central tax kitty rose about 94 per cent before devolution to the states. The mop-up from Union excise duty declined to Rs 23,576 crore in August this year compared to Rs 28,816 crore in the same month a year ago. On the other hand, total tax collection rose to Rs 2.9 trillion in the month as against Rs 1.5 trillion in August 2022-23, shows the data released by the Controller General of Accounts (CGA).
On June 2, the ministry had constituted a 15-member committee, headed by Consumer Affairs Secretary Rajiv Aggarwal, to deliberate and suggest possible ways and means to check food wastage.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Two days after a fatal boat mishap had claimed 22 lives in the north Kerala district of Malappuram, murder charge has been slapped against the owner of the vessel who was caught from nearby Kozhikode, the police said on Tuesday.
The Ministry of Corporate Affairs (MCA) is contemplating an increase to the existing strength of the National Company Law Tribunal (NCLT) benches to handle the growing case load. The ministry is currently analysing the time taken by each bench to dispose of matters and the total number of cases being handled by each bench. "We need to first determine our requirement, given that the NCLT handles both Company Act and insolvency and bankruptcy matters. "The latter constitutes the majority of the case burden.
Practo has witnessed a 215% increase in total consultations related to cardiovascular health, with women in the age group of 25 to 34 contributing to the largest number of consultations.
The strategic sale of government and state-owned Life Insurance Corporation (LIC) of India stakes in IDBI Bank might encounter procedural delays, potentially pushing the timeline for expected financial bids to the third quarter of the current financial year (2023-24, or FY24), according to sources familiar with the development. Financial bids constitute the second significant step in the divestment process, following expressions of interest (EoIs) from potential bidders. In this phase, bidders are required to quote transactional fee as a percentage of the divestment proceeds, which are then added to the government's kitty after completion of the transaction.
The UN report stated that the allegations of sexual and gender-based violence, including of rape, "appear credible and would in themselves amount to acts of torture or other forms of ill-treatment."
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
A senior Congressman from Uttar Pradesh explained that there was a clear attempt by the BJP to underplay the Hindutva sentiment so that they could appeal to the Indian youth, who doesn't want riots and seek to move on.
Qadri said the Governor should have satisfied himself by seeking additional documentation in support of the claims made in letter for government formation.
'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'
The Supreme Court on Tuesday did not agree to the plea of a man, whose 17-year-old daughter was found dead at a private residential school in Tamil Nadu, that a doctor of his choice be permitted to be part of a team of experts ordered by the Madras high court to conduct a fresh post-mortem on her body.
The move comes a day after the government called a special session of Parliament between September 18 and 22, the agenda for which is under wraps.
Speaking to rediff.com about social activist Anna Hazare's indefinite fast, Fali Nariman, constitutional expert and a former member of Rajya Sabha said that was nothing wrong in co-opting five eminent Indian citizens in drafting the Lok Pal Bill. He, however, made it clear that this does not mean the government should have people from outside to draft a bill every time.
The festive season will mean business for the steel industry as it is the time when automotive and consumer appliance companies bump up demand to prepare for higher sales, experts have said. Ranjan Dhar, chief marketing officer at ArcelorMittal Nippon Steel India (AM/NS India), said that bookings by auto and consumer appliance industries are 20 per cent higher ahead of the festive season compared to last year. "While this could be for a couple of months, it could normalise later at approximately 10 per cent," he said.
The SC also asked the UP government how the killers got the knowledge that they were being taken to hospital.
The NCERT has dropped references to the demand for a separate Sikh nation of Khalistan from the class 12 political science textbook following objections from the Shiromani Gurdwara Parbandhak Committee (SGPC), according to top education ministry officials.
'How can the EC then deduce that 76 per cent of the people who voted for the united Shiv Sena's MLAs voted for Eknath Shinde?'
'The judge could have given him a six-month, one-year, or one-and-half-year sentence also because the maximum punishment for defamation cases is two years.' 'Disqualification happens only if one is sentenced for two years; it does not happen if the disqualification is for one-and-half years.' 'But the period of sentence is the judge's discretion.'
Notably, when asked by reporters if he would take legal recourse after Ajit Pawar took oath as deputy chief minister on Sunday, Sharad Pawar had said he would not get into all this but will go among people.
With the total number of municipal wards set to be revised following the passage of the Delhi Municipal Corporation (Amendment) Bill-2022 in Rajya Sabha on Tuesday, experts have said that the civic polls in New Delhi is unlikely to take place before a year from now as a fresh delimitation exercise will be required.
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