Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.
'Modi is trying avenues to convince people why they should vote for the BJP.'
Kerala high court on Tuesday asked the owner of Italian Merchant Vessel Enrica Lexie and the families of the two fishermen allegedly killed by the marines whether they were willing for an out of court settlement for determining the compensation.
Foreign Secretary Shivshankar Menon, during the discussions he had with the Sri Lankan leaders including President Mahinda Rajapaksa as part of his two-day visit to Colombo, welcomed the Island nation's commitment for a devolution package in the embattled north. Menon, who concluded his visit on Saturday, 'urged early movement towards a peacefully negotiated political settlement in the island, including in the north', an Indian High Commission release said on Sunday.
Shares in Sun Pharmaceutical Industries fell by more than 5 per cent after the company settled a patent suit with Pfizer Inc related to its acid-reflux drug for $550 million.
'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'
Four Silicon Valley companies including Apple and Google failed to persuade a US judge to sign off on a $324.5 million settlement to resolve a lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other's employees.
The committee, of which Mukul Wasnik is the convener and has former chief ministers Ashok Gehlot and Bhupesh Baghel as well as Mohan Prakash and Salman Khurshid in it, held final talks and suggested the way forward to the party leadership.
The Babri Masjid Action Committee meeting was held against the backdrop of the apex court recently asking parties involved to sit together and arrive at a consensus on the issue, which has been dragging on for decades.
The farmers have agreed to call off their agitation.
The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.
Continuing the upward trend, GST collections rose 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year ago. During the April-December 2023 period, gross Goods and Services Tax (GST) collection witnessed a robust 12 per cent growth, reaching Rs 14.97 lakh crore against Rs 13.40 lakh crore mopped up in the same period of the previous year, the finance ministry said in a statement on Monday. The average monthly gross GST collection of Rs 1.66 lakh crore in the first nine-month period this year represents a 12 per cent increase compared to the Rs 1.49 lakh crore average recorded in the corresponding period of FY23, it added.
In the book, Anger Management: The Troubled Diplomatic Relationship Between India and Pakistan, Bisaria says this public telecast sounded to observers like a mid-summit report on the talks, where Pakistan's hard views were being inflicted on India, while New Delhi's positions were unclear.
'We need a candidate who will do our work and fight with the authorities; someone we can hold accountable.' 'Piyush Goyal is not that candidate.'
India and the US have mutually resolved all six trade disputes pending at the World Trade Organisation (WTO), in line with the commitment made by the two countries during the US visit of Prime Minister Narendra Modi last month, an official said. The official said that both countries have informed the WTO's dispute settlement body (DSB) about the resolution of all the pending disputes. The WTO has already issued a communication with regard to one of the disputes related to the imposition of additional customs duties by India on 28 US products.
Edtech major Byju's is in process to raise Rs 600-700 crore to fund the company's operations till March by when it expects to realise money through the sale of Epic and partial stake sale in other subsidiaries, according to sources aware of the development. Byju's founder Byju Raveendran has recently raised money by mortgaging home and real estate assets owned by family members for paying salaries, sources said. "There is about Rs 50 crore gap per month in operational expenses where a large component is salary.
'However, we have seen weakness in our active pharmaceutical ingredients business.'
'But unlike Bond who killed an individual, Israel is killing a nation.'
Singh, who took charge of EHIRC, relinquished the new position as part of new the settlement and would continue as the Managing Director of EHIRC
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
If freedom of speech is allowed beyond limits, it could lead to disastrous consequences, the Bombay HC has said.
A consortium of shareholders with over 30 per cent stake in cash-strapped Byju's might approach the National Company Law Tribunal (NCLT) seeking a management change, if the extraordinary general meeting (EGM) scheduled for Friday failed to yield an 'amicable settlement' or faced further delays, sources said. Earlier this month, these shareholders had issued a notice calling for an EGM to address "persistent issues", including a change in management. They will vote for a revamp of the existing board, an exercise which would include asking Byju Raveendran to step down as chief executive officer (CEO) and relinquish his operational role, according to sources.
India has voted in favour of a draft resolution in the United Nations General Assembly that expressed deep concern over Israel not withdrawing from the Syrian Golan.
Prime Minister Manmohan Singh has said that India and China should pursue an early settlement of the boundary issue as a strategic objective while not allowing such differences to affect the positive development of the bilateral ties. Describing his visit as "part of the recent happy tradition of high-level exchanges" between the two countries, Singh said "India-China relations have today transcended their bilateral dimension and have acquired global significance.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.
Veteran Congress leader N D Tiwari has moved the Delhi high court to "explore" the possibilities of an "amicable" out-of-court settlement of the 2008 paternity suit filed by a man seeking to declare him as his biological father.
Chelsea and former manager Jose Mourinho have reached an undisclosed settlement with former team doctor Eva Carneiro at an employment tribunal in London, the Premier League club said on Tuesday.
The company will have to retain independent auditor, do annual compliance review.
All India Muslim Personal Law Board Abdul Raheem Qureshi and Hyderabad MP Asaduddin Owaisi voice their concerns about the Ayodhya verdict.
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'
In a late Monday evening surprise development, the Lucknow bench of the Allahabad high court called upon rival parties in the much-debated Ayodhya case to explore possibilities of a last-minute amicable settlement on the vexed issue.
Manipur Chief Minister N Biren Singh on Tuesday said his government will provide a one-time assistance of Rs 1000 to those living in relief camps because of ethnic rioting in the state.
There have been hostilities between the Sri Lankan armed forces and the Liberation Tigers of Tamil Eelam since the beginning of this year.
India on Thursday said it was ready to assist Sri Lanka in finding a negotiated political settlement to its ethnic problem as an all-party delegation from the island nation arrived in New Delhi to study India's model of republic.
India is committed to finding an 'early settlement' to the vexed boundary issue: Swaraj
Last year, Ranbaxy had paid around $4,20,000 to the US state of Idaho as part of a $500-million settlement that the drug firm had signed with US authorities.
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