The most important step is delivering what is needed -- a fairer IPO pricing, notes Debashis Basu.
Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts. The bank's share price fell 10.85 per cent on Thursday to close the day at Rs 1,643 on the BSE. The RBI's action came after market hours on Wednesday.
Four times more liquor has been seized in the 2024 election than during the 2019 polls.
A bench of Justices Abhay S Oka and Augustine George Masih said once a case has been made out for the grant of bail to an accused, the court cannot decline the relief.
Chinese smartphone maker Xiaomi has suspended its sales in India following directions of the Delhi High Court, restraining sales of its products.
The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".
Ms Swaraj was a conscientious woman who understood suffering and pathos and attempted in her inimitable way to mitigate them, recalls Rup Narayan Das.
After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification.
My gamble to stand in the queue and get Rs 500 notes had failed. And only the months ahead will tell us if Modi's gamble will succeed or not.
The printing of Rs 2000 notes has been substantially reduced. It has been decided to limit the printing of 2000 currency notes to minimum. This is nothing new, a FinMin official said.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
In the first of a four-part series, Business Standard takes a look at how a mint in Salboni, West Bengal, is working overtime to print currency notes.
The merger of ZEE Entertainment and Sony has reached an advanced stage of completion, and the issues faced by promoters with Sebi should not become a problem for the company, debarred ZEEL MD Punit Goenka has said in a letter to employees, according to sources. Goenka, who along with his father Subhas Chandra, was denied any interim relief against a Sebi order that barred them from holding the position of director or key managerial post in any listed company, in the letter ZEE Entertainment Enterprises Ltd (ZEEL) staff asserted that the merger of Culver Max (earlier known as Sony Pictures Networks India) is at a very important juncture. With the Securities Appellate Tribunal (SAT) restricting him from holding a directorial or key managerial position in a listed company, Goenka told the employees that the ZEEL board has constituted an interim committee of senior executives to ensure smooth operations and day-to-day functioning.
Director general of police Swain commended the security forces for their efforts in monitoring potential threats from external elements particularly "proxies of Pakistan" who intended to disrupt the democratic process.
The Punjab government has extended the suspension of mobile internet and SMS services till Tuesday noon, even as the hunt for the Khalistan sympathizer Amritpal Singh continued for the third day.
People in Bangladesh have welcomed the new interim government led by Nobel laureate Muhammad Yunus, hoping it would restore order, end repression and hold a fair election to facilitate a democratic transition of power.
Nothing is going to change in a hurry unless attitudes change and punishments are speedy and fair, notes Ramesh Menon.
Every trick in the trade is being tried unabashedly.
In simple arithmetical terms every possible 'arrangement' is being made to deny a majority to its rivals. A split verdict would hand a vital advantage to the BJP which is adept at extracting the best out of such a situation, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
'There's a very strong feeling of sisterhood that I feel is missing in Indian households.' 'I genuinely advocate the feeling of sisterhood because I feel that some of the strongest bonds, friendships and support groups could be our immediate relatives.'
The Uttar Pradesh government on Friday defended its directive requiring eateries along the kanwar yatra route to display the names of their owners and staff, saying the idea was to bring in transparency, avoid 'potential confusion' and ensure a peaceful yatra.
IPL matches in Bengaluru under NGT scanner
Doping: India records highest number of adverse findings among countries with 2000 or more tests
The bench pulled up some of the petitioners, who sought adjournment in the matter, and said it would not permit "this kind of forum shopping".
Bach said the International Olympic Committee had limited means of action.
The PCB said they were "disappointed and dismayed" with the behaviour of Faulkner, who also played in the Abu Dhabi leg of the PSL last year.
The bitter political rivals -- the ruling LDF and the UDF -- close ranks in the state assembly to oppose the ban.
'There is one way to defeat the intention behind this directive: To patronise Muslim establishments that have been forced to identify themselves.' 'This is one opportunity for the Congress to show that the 'mohabbat ki dukaan' its leader talks about does exist.' 'Can Akhilesh Yadav, who has asked the court to take note of this directive, order his party members to do this?' asks Jyoti Punwani.
Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Justice BV Nagarathna said she had to dissent against the demonetisation move by the central government as in 2016, when the decision was announced, the Rs 500 and Rs 1,000 notes comprised 86 per cent of the total currency notes in circulation, and 98 per cent of it came back after they were banned.
The government noted in its order that "the right to conduct a public meeting on public roads and streets is a subject matter of regulation as Section 30 of the Police Act, 1861 itself mandates."
What was recovered from Bhajiawala family: Rs 1.45 crore cash, of which about Rs 1.05 crore was in new currency notes, bullion worth Rs 1.49 crore, gold jewellery valued at Rs 4.92 crore, other ornaments worth Rs 1.39 crore and silver ingots priced at Rs 1.28 crore.
He claimed that Bharatiya Janata Party people were alerted beforehand about the demonetisation. "How can one explain the BJP people in West Bengal depositing crores in high-denomination notes just before PM's announcement on November 8?" Rahul asked. "BJP workers were seen holding up bundles of the new Rs 2000 notes, as seen from images on the Internet, before Modi announced this decision," he told reporters in suburban Bandra.
'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'
India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.
The Supreme Court on Wednesday agreed to consider the PIL which has sought a lifetime disqualification of an elected representative following conviction in a criminal case.
The bench also rejected the oral request of Additional Solicitor General S V Raju, appearing for the Maharashtra government for early listing of the appeal and said it will come in due course.
Relaxing its earlier directions, Sebi on Monday removed the securities market ban imposed on eight entities with respect to alleged insider trading activities in the shares of Poonawalla Fincorp Ltd, which was earlier known as Magma Fincorp. Passing a 62-page confirmatory order, the regulator said the eight entities are now barred from buying, selling or dealing in securities of PFL till further orders. The interim order, passed in September 2021, stand modified to the extent of allowing credit and debit of securities in the accounts of above entities except the securities of PFL, according to the regulator.
South Africa will remain on the lowest 'level 1' of its five-level lockdown strategy to fight the COVID-19 pandemic despite the global panic around the detection of the Omicron variant in the country, President Cyril Ramaphosa has announced .
The prime minister and his cabinet will be compelled to do what governments in other democracies must: Listen to criticism from citizens and tolerate it and even learn from it. In doing so, perhaps they can also get a laugh out of the material, as many of us so often do, notes Aakar Patel.
Seven-times Formula One world champion Lewis Hamilton will race in Sunday's inaugural Miami Grand Prix after Formula One swerved a showdown with the Mercedes driver over their ban on piercings and jewellery.
