The court has directed the Central Bureau of Investigation to file its response to Mukerjea's plea.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
The company is in the process of filing an appeal against the order, Zomato said in a regulatory filing.
A firing incident was reported in the Tis Hazari court premises in New Delhi on Wednesday, the police said, adding that two groups of lawyers were allegedly involved in opening fire.
Highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday.
Kameshwar Kumar Singh, arrested for firing at a woman in Saket court, was barred from practising law in 2022 following allegations of fraud and threatening another woman, Prem Lata, her lawyer claimed Friday.
Chadha had last week filed a defamation suit against Ghosh for making a "false, baseless, indecent and derogatory statement "against her.
Gunmen allegedly shot dead two women in southwest Delhi's RK Puram in the early hours of Sunday over a suspected financial dispute with their brother, police said.
In a meeting mediated by Union Minister of State for Home, Khiren Rijiju, the Chief Ministers of Assam and Nagaland, Tarun Gogoi and T R Zeliang, on Thursday promised to take joint efforts to resolve the vexed boundary dispute.
Edtech major Byju's on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the $1.2 billion Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in distressed debt. "Byju's has had to take these measures following a series of predatory tactics by the lenders, led by Redwood," the company said in a statement.
A police official said the woman was injured in her abdomen and a hand and has been rushed to a hospital while the accused managed to flee.
Citing details of the contract from the American Federal Procurement Data System, the BBC report claimed that Pakistan signed two contracts with American companies named "Global Military" and "Northrop Grumman" for the sale of 155mm shells.
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.
The Supreme Court has told a couple, who are software engineers seeking divorce, why don't they give a second chance to the marriage as both of them were not able to devote time to their union.
In a setback to former deputy chief minister Manish Sisodia, the Supreme Court on Monday denied him bail in the corruption and money laundering cases related to the alleged Delhi excise policy scam, saying the accusation of "windfall gains" of Rs 338 crore to wholesale liquor dealers was "tentatively supported" by evidence.
A Pakistani couple has been murdered in Lahore for marrying without their family's consent, the second incident of "honour killing" within a week in the city.
Banks seems to be upset over RBI's move over rate cut.
The mixed narratives emerging from Russia undermine Mr Putin's position and authority even more than the actual facts, observes Mihir S Sharma.
Hardip Singh and his wife, Kulwinder Kaur, were thrashed in an area falling under Bhaini Mian Khan police station on May 13 with a video of the incident going viral on social media.
Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of "putting the clock back" and "unscrambling a scrambled egg".
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Even as the bilateral relationship between the two neighbouring countries remains hostile, there is growing coordination between India and Pakistan on one multilateral forum - the World Trade Organization (WTO). Both countries have made two joint submissions at the WTO as co-sponsors in the past two months. In June, Pakistan joined India, Cuba, and 44 African countries, seeking sufficient flexibility in intellectual property rights for developing countries to fight the Covid-19 pandemic.
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
The government on Tuesday extended for the third time the deadline for making payment under the direct tax dispute settlement scheme 'Vivad Se Vishwas' by three months to March 31, 2021. As per a Central Board of Direct Taxes (CBDT) notification, declaration under the Vivad se Vishwas Scheme shall be required to be furnished latest by December 31, 2020. However, only in respect of the said declarations made, the payment without additional amount can now be made up to March 31, 2021.
In a big win for the Narendra Modi government, the Supreme Court in a 4:1 majority verdict on Monday gave its stamp of approval to the Centre's 2016 decision to demonetise the Rs 1,000 and Rs 500 denomination currency notes, saying the decision-making process was neither flawed nor hasty.
The World Bank has announced that it will stop all its programmes in Russia and Belarus with "immediate effect" in response to Moscow's military operations in Ukraine and "hostilities" against the people of the war-torn country. On February 24, Russian forces launched military operations in Ukraine, three days after Moscow recognised Ukraine's breakaway regions - Donetsk and Luhansk - as independent entities. The decision comes as a large number of countries, organisations and businesses are severing ties and have imposed sanctions on Russia over the country's invasion of Ukraine, and with Belarus for its support and cooperation with Moscow.
It's the first time in my memory that I have seen a negative expected return for equities, notes Akash Prakash. Hopefully, this implies the consensus is being too negative, and markets, as usual, will surprise everyone and deliver the least likely outcome.
The Ayodhya district administration has told news channels that litigants in the Ayodhya land dispute case should not be part of any discussions that they broadcast from the temple town during the 'Bhumi Pujan' for the Ram temple on August 5. In an advisory, it also said that if channels are broadcasting a debate or programme from Ayodhya in Uttar Pradesh during the ground-breaking ceremony, there should be no comments against any person or religion.
According to police, it appears to be a case of murder due to monetary and property dispute and they are searching for both the accused.
The memorandum of understanding on mutual logistics support is the first such major agreement that Vietnam has signed with any country.
Two suspects have been arrested and police say the case is a fallout of a monetary dispute.
Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
'This is evidently pure vendetta politics and may even end up helping the Akalis in the elections'
Videsh Sanchar Nigam Ltd said on Tuesday it is studying FLAG Telecom's claim of a monetary relief of about 406 million dollar and will file its response with the Tribunal in due course.
"All the water related works will be merged under one ministry," Shekhawat said after taking the charge.
Reconstruction efforts after the Russia-Ukraine war will be dominated by the heft of the membership of major nations across international organisations. India is hamstrung because it does not play host to any major global institution nor does it hold positions of significant influence in the ones in which it has membership. As a result, the world's sixth largest economy is obliged to follow the rules set by most of them.
"The emphasis is on making every rule, law, policy people-centric, and public-friendly. This is the use of the new governance model and the country is getting its results," Prime Minister Modi said while speaking at the launch of a platform for 'Transparent Taxation -- Honoring the Honest'.
IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.