'I think it's an ongoing process, just continuously putting in hours of work and speaking to people that have played in these conditions, have done well in these conditions.'
Stepping up the heat on Justice Yashwant Varma, parliamentarians on Monday submitted notices to the presiding officers of the Lok Sabha and the Rajya Sabha for the removal of the Allahabad high court judge from whose residence in New Delhi burnt wads of currency notes were found.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
The two policy decisions to bolster BSF capabilities at this front have been taken in the wake of the stepped up security arrangements along the border following the fall of the Sheikh Hasina government in Bangladesh on August 5, 2024.
"The people are completely frustrated with this government. Now, people are raising their voice, they are saying that everyone (political parties) will have to come together under Congress' leadership to fight against them (BJP)," he added.
"This is the matter of executive policy decision," the bench said while dismissing the appeal.
Parliamentary Affairs Minister Kiren Rijiju says all political parties support the impeachment of Justice Yashwant Varma after burnt currency notes were found at his residence.
'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'
The Constitution bench is hearing a batch of 58 petitions challenging the demonetisation exercise.
India maintains Lipulekh, Kalapani and Limpiyadhura belong to it.
The Bharatiya Janata Party rejected this was any sort of demonetisation and instead reminded the Congress that even during the rule of Manmohan Singh, old currency notes were taken off circulation.
The Chief Justice of India (CJI) Sanjiv Khanna has ordered an in-house inquiry into allegations against a Delhi High Court judge, Justice Yashwant Varma, after reports of burnt cash being found at his residence. The inquiry will be conducted by a three-member committee headed by Justice Sheel Nagu, Chief Justice of the Punjab and Haryana High Court. The allegations stem from a report by the Delhi High Court Chief Justice Devendra Kumar Upadhyaya, who stated that four to five semi-burnt sacks of Indian currency notes were found at Justice Varma's residence following a fire. Justice Varma has strongly denied the allegations, calling them a conspiracy to frame him.
The rupee remains overvalued against the currencies of India's trading partners, even as it hit record lows against the dollar in August and September. According to the Reserve Bank of India's (RBI) real effective exchange rate (REER) index, the rupee stood at 5.5 per cent above its fair value in August, down from 7.7 per cent in July. This slight easing followed fears of a US recession and the unwinding of yen carry trades, which exerted pressure on the Indian currency.
Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges.
The rupee has depreciated by 0.6 per cent so far in the current financial year.
The rupee continued to face pressure in the first half of the current financial year (FY26), hitting fresh lows against the dollar, due to strengthening of the greenback, rising crude oil prices, and foreign outflows. Rupee has depreciated by 3.7 per cent so far in the current financial year after starting at a good note in April.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
The three-judge panel headed by Chief Justice Sheel Nagu of the Punjab and Haryana High Court conducted the inquiry for 10 days, examined 55 witnesses and visited the scene of the accidental fire that started at around 11.35 pm on March 14 at the official residence Justice Varma, then a sitting judge of the Delhi High Court and now in the Allahabad High Court.
Assessing Sai Sudharsan's temperament and Nitish Kumar Reddy's utility in home conditions would be topmost on India's checklist when the high-on-confidence hosts take on a floundering West Indies
Starting Wednesday, October 1, foreigners in India have the option to submit a 'digital arrival card' online instead of the paper card.
The currency in circulation (CIC) declined in the first half of this financial year and this is the first time this has happened in H1 in at least 10 years. The CIC on March 31, 2023, was Rs 33.78 trillion, which fell to Rs 33.01 trillion on September 22 -- a difference of about Rs 76,658 crore. In the first half of the last two financial years, the CIC went up by Rs 33,357 crore in FY23 and Rs 84,978 crore in FY22.
: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan
The Reserve Bank on Monday advised banks to provide shade from the sun and water to customers waiting to exchange or deposit Rs 2,000 notes. It can be noted that during the note ban in 2016, there were allegations of customers dying while waiting in queues to exchange bank notes. Following Friday's announcement of withdrawing Rs 2,000 notes -- the notes continue to be legal tender unlike demonetisation exercise -- there were concerns about customers facing inconvenience, especially given the summer being at its peak.
Justice Bhushan Ramkrishna Gavai, India's 52nd chief justice and its first Buddhist one, has played a key role in shaping the judicial landscape, penning about 300 verdicts, including landmark rulings on constitutional issues, liberty, and perhaps most important against the executive's 'bulldozer justice'.
Several opposition MPs, who had previously criticized former Rajya Sabha chairman Jagdeep Dhankhar, are now praising him following his sudden resignation, with some even requesting him to reconsider.
A three-member panel led by the Chief Justice of India (CJI) Sanjiv Khanna has been formed to probe the discovery of "four to five semi-burnt sacks" of Indian currency notes found after a fire at the residence of Delhi High Court judge Yashwant Varma. The incident, which occurred on March 14, has triggered an in-house inquiry, with the findings determining the judge's fate. The panel, consisting of Chief Justices Sheel Nagu (Punjab and Haryana), G S Sandhawalia (Himachal Pradesh), and Karnataka High Court judge Anu Sivaraman, will conduct a "deeper probe" into the allegations. Justice Varma has denied any knowledge of the cash being stored in the storeroom. The inquiry follows the Delhi High Court Chief Justice Devendra Kumar Upadhyaya's report that recommended a deeper investigation. The top court's 2014 guidelines for in-house procedures for probing allegations against judges will be followed during the inquiry. The panel's findings could lead to either the removal of the judge, if the misconduct is deemed serious, or a reprimand. The inquiry will also determine if the fire was indeed a short-circuit as initially reported.
Amazon customers can now use their Rs 2,000 notes to top up their Amazon Pay balances during cash-on-delivery orders, as it offers a doorstep solution to ease the stress of exchanging such currency. Customers can deposit cash of up to Rs 50,000 per month, including notes of Rs 2,000 denomination, Amazon said. The cash load at doorstep service by Amazon Pay is helping consumers convert high-value notes for digital transactions.
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added.
A team led by the Deputy Commissioner of Police (New Delhi) on Wednesday visited the residence of Delhi High Court judge Yashwant Varma and questioned the staff and security personnel as part of an investigation into the alleged discovery of a cash pile at his residence. The visit was part of an in-house inquiry by a three-judge panel constituted by the Chief Justice of India for a "deeper probe" into the discovery of "four to five semi-burnt sacks of Indian currency notes" in Varma's Lutyens home following a fire incident on March 14. The police team, comprising six members, including DCP (New Delhi) Devesh Mahla, an ACP and other officials, reached Justice Varma's residence at 30, Tughlaq Road bungalow at around 1.50 pm and left about two hours later. The team also reviewed CCTV footage from cameras installed at the judge's residence and may question police and fire personnel who responded to the emergency call in the coming days.
The Delhi high court on Monday dismissed a public interest litigation (PIL) challenging the RBI's decision to withdraw Rs 2,000 denomination banknotes from circulation. A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, which had reserved its order on the PIL on May 30, rejected the plea. Petitioner Rajneesh Bhaskar Gupta has contended that the Reserve Bank of India (RBI) has no power to withdraw Rs 2,000 currency notes from circulation and only the Centre could have taken a decision in this regard.
The Reserve Bank of India (RBI) on Tuesday told the Delhi high court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was taken for operational convenience.
The Reserve Bank of India on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30. The bank notes in Rs 2,000 denomination will continue to be a legal tender, the RBI said in a statement. In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, the RBI said exchange of Rs 2,000 bank notes into bank notes of other denominations can be made up to a limit of Rs 20,000 at a time at any bank starting from May 23, 2023.
Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.
The Congress party launched a scathing attack on the RSS on its 100th anniversary, citing excerpts from a book claiming Mahatma Gandhi described the Sangh as a "communal body with a totalitarian outlook." The party also referenced Sardar Vallabhbhai Patel's criticism of the RSS.
Gold and silver prices are expected to maintain their upward trajectory this week, but may see late profit-booking amid the release of a series of crucial global economic indicators, analysts said. On the economic front, traders will closely monitor the manufacturing/ services PMI data from across regions and the US non-farm payrolls/ employment data along with consumer confidence for the month of September and speeches from several Federal Reserve officials, they added.
A public interest litigation was filed in the Delhi high court on Monday against permission to exchange Rs 2000 banknotes without obtaining any requisition slip and identity proof.
The move comes a few days after the Yunus-led government dropped the portrait of the country's founding father and deposed prime minister Sheikh Hasina's father Mujibur Rahman from new currency notes.
Small queues were witnessed at some bank branches on Tuesday for the exchange of Rs 2,000 notes against smaller denominations as part of the withdrawal exercise. As per the RBI guidelines issued on Friday, the exchange of Rs 2,000 facility is available from Tuesday. A person can exchange up to a limit of Rs 20,000 at a time without filling any form or requisition slip.
The average Indian worker must labour for an extraordinary 160 full working days to afford Apple's latest iPhone 17 Pro.
INDIA bloc parties are set to raise issues such as the Pahalgam attack, US President Trump's claims of brokering a ceasefire, and concerns over electoral roll revisions in Bihar during the Parliament's Monsoon session.
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