The Supreme Court of India has ruled that Tamil Nadu Governor R.N. Ravi can no longer serve as chancellor of state-run universities, a decision welcomed by the ruling DMK party. The court's judgment stems from a long-standing dispute between the state government and the governor over the assent of 10 bills passed by the Tamil Nadu Assembly. The DMK alleges that the governor had obstructed the smooth functioning of universities by delaying appointments and other critical matters. The judgment paves the way for the Tamil Nadu government to appoint new chancellors for its universities, effectively removing the governor's influence in higher education.
Manu Bhaker on Tuesday admitted that "there has been a lapse may be on my part" while filing nominations
The State Bank of India (SBI), in its research, has estimated GDP growth during the current financial year (2024-25) to be 6.3 per cent, assuming that the NSO does not make major revisions to the erstwhile first and second quarter estimates.
'The Pakistani government's growing fear of Dr Mahrang's rising popularity is evident.' 'Her defiance is inspiring.'
In a surprise development, Pakistan Muslim League-Nawaz on Tuesday nominated its president Shehbaz Sharif as the prime ministerial candidate of Pakistan instead of the party supremo and three-time former premier Nawaz Sharif.
Bharatiya Janarta Party candidate Ramesh Bidhuri on Wednesday again targeted Delhi chief minister and his rival from Kalkaji seat Atishi, saying she was running around like a 'hirni' (doe) in the streets of the constituency ahead of assembly polls after doing little for the people for years.
India's economic growth rate is estimated to slip to a four-year low of 6.4 per cent in 2024-25, mainly on account of poor showing by the manufacturing and services sector, according to government data released on Tuesday. The gross domestic product (GDP) rate of 6.4 per cent will be the lowest since the Covid year (2020-21) when the country witnessed a negative growth of 5.8 per cent.
Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange Board of India (Sebi), in its circular on June 15, 2022, made it mandatory for mutual fund subscribers to submit the nomination details or declaration to opt out of the nomination on or after August 1, 2022. Later, the deadline was extended to October 1, 2022.
Boxing Federation of India (BFI) President Ajay Singh alleged that boxers from the state of Assam, including Olympic bronze-winner Lovlina Borgohain, were being forced out of the National Championships by suspended BFI secretary general Hemanta Kalita.
Among the BJP rebels, a notable figure is Gopal Shetty, a two-time MLA and former Lok Sabha member from Mumbai. He has filed his nomination as an independent candidate against the party's official nominee, Sanjay Upadhyay, in Mumbai's Borivali assembly constituency.
Three persons were shot dead and several others were injured as violence and arson marked the conclusion of nomination filing for the three-tier West Bengal panchayat polls slated next month.
Faisal Patel, son of late Congress stalwart Ahmed Patel, has announced he will stop working for the grand old party, claiming that he tried to follow in his father's footsteps but was denied at every step. Ahmed Patel, who had served as a Rajya Sabha MP, All Indian Congress Committee treasurer and former party president Sonia Gandhi's political secretary, died in November 2020. Faisal had aspired to contest from the Bharuch seat in Gujarat in last year's Lok Sabha elections but the Congress did not nominate him.
The government is looking to give Bharat Global Ports a certain amount of domestic exposure after it set up the state-owned consortium to increase India's global maritime heft, officials aware of the development said. The intended domestic exposure is meant to give the consortium experience and build its credentials for international projects.
Hollywood's biggest night was high on glitz and glamour but lacked the edge and excitement of the movies it was celebrating, observes Sukanya Verma.
'It was great to have the Indian roots reflected in full force.'
While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.
Gene Hackman had a long and rich career, playing leading and supporting roles in many Hollywood films.
US President-elect Donald Trump has nominated Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), the country's top health research and funding institutions. Bhattacharya, a professor of Health Policy at Stanford University, is known for his research on the health and well-being of vulnerable populations. Trump also nominated Jim O'Neill as the deputy secretary of Health and Human Services to work alongside Robert F. Kennedy Jr.
Former Pakistan Cricket Boardchairman Najam Sethi has blamed former Prime Minister Imran Khan for the decline of Pakistan cricket.
While re-releases are in vogue, PVR-INOX is coming up with an Aamir Khan Film Festival where 22 of his movies are being screened over the next few days.
Rishi Sunak, who seems to be on an extended holiday in India -- we spotted the former UK PM at the Jaipur Lit Fest and at the fourth T20I at the Wankhede late January -- was at Lok Kalyan Marg on Tuesday.
The Supreme Court on Monday said the trial of the Manipur ethnic violence cases, probed by the Central Bureau of Investigation, would be conducted in Guwahati, Assam, where it was transferred to earlier.
The Election Commission of India has announced that the Delhi Assembly elections will be held on February 5, 2023, with the counting of votes scheduled for February 8. The last date to file nominations is January 17, and the scrutiny of nominations will be done by January 18. Candidates can withdraw their nominations until January 20.
A total of 4,140 candidates were left in the fray for 288 Maharashtra assembly seats after the deadline for withdrawal of nominations ended on Monday, a poll official said.
The Supreme Court of India has granted interim bail to Tahir Hussain, a former councillor accused in the 2020 Delhi riots. Justice Ahsanuddin Amanullah, while granting bail, said the allegations against Hussain were grave but as of now they were just allegations. The bench, however, delivered a split verdict, with Justice Pankaj Mithal opposing the bail. The court also questioned the Delhi Police for the delay in the trial over the murder of Intelligence Bureau staffer Ankit Sharma during the riots.
Shetty, who won the Mumbai North Lok Sabha seat by margins of more than four lakh in 2014 and 2019, was denied a ticket in the 2024 general elections.
Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey tabled in Parliament on Friday. The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band.
'This isn't political. This fight is for justice. This is the fight to give justice to the party workers'
The Bharatiya Janata Party (BJP) has released the first part of its manifesto for the upcoming Delhi assembly elections, promising Rs 2,500 monthly aid for women, LPG cylinders at Rs 500, and Rs 2,500 pension for senior citizens. BJP president JP Nadda also assured that all existing public welfare schemes in Delhi will continue if the party is voted to power. The manifesto also includes a promise to implement the 'Ayushman Bharat' scheme in Delhi, providing additional health cover of Rs 5 lakh.
Thackeray also drew a comparison between the current regime and Hitler.
The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.
Whether nominal or real, India's investment rate needs to increase by 3 to 4 percentage points of GDP to support 8 per cent real growth, recommends Nikhil Gupta.
In the weeks between his phenomenal electoral victory and swearing-in as the 47th president of the United States, the world got a preview of what a second Donald Trump presidency will entail -- both for itself and America.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Trump further pointed out India's strong economic position and high tariffs on US goods, stating, "They got a lot of money. They're one of the highest taxing countries in the world in terms of us. We can hardly get in there because their tariffs are so high."
'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
The South Korean government is inviting applications for fully funded Seoul Tech Scholarships 2025.
Filing of nominations for the post of Congress president is scheduled to begin on Saturday with a contest between Rajasthan Chief Minister Ashok Gehlot and former Union minister Shashi Tharoor on the cards.
Despite not securing a win at the 2025 Golden Globe Awards, All We Imagine As Light Director Payal Kapadia expressed gratitude for the experience and the memories.
