The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
How will the Modi Sarkar's likely return affect other nations?
HDFC and Infosys contribute the most to today's rally.
The fall in reserves was due to a sharp fall in foreign currency assets.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.
PNB issued a formal appointment letter to Belgium-based consultancy firm BDO
It is also going for 9.5 per cent stake sale.
The judiciary has sent a strong message against crony capitalism.
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
Where do the four members of the Supreme Court appointed panel to interface with farmers stand on the Modi government's farm laws?
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
The rupee was also pressured as the euro fell for a second day on Friday, hurt by the European Central Bank's surprise interest rate cut and a downgrade to France's credit rating, while the dollar inched up before a key US jobs report.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.
These sectors have underperformed the wider market over the past year and are seen having far more upside potential if the economy picks up thanks to Modi's reformist agenda.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
Force India, who finished sixth overall last year but whose owners have had financial troubles, missed the first test in Jerez.
External Affairs Minister Sushma Swaraj met Foreign Minister of Antigua and Barbuda E P Chet Greene on the sidelines of the 73rd session of the United Nations General Assembly and raised the extradition issue of Choksi, who is currently in the Caribbean island.
A bench of Justices Arun Mishra and U U Lalit said, if home buyers are not ready to pay their outstanding amount, then the court will have to bundle up the projects.
Hailing India for keeping "neutral stand" over the South China Sea issue despite pressure from the US and Japan, state-run Chinese media on Wednesday said there are some contradictions and frictions between the two nations but the overall bilateral relations have been developing smoothly.
The increase is effective from November 7, the bank said.
Referring to Modi, Adityanath and Union Home Minister Amit Shah as 'outsiders', the farmer leader said he has no objection if they become prime ministers after winning polls from Uttarakhand or Gujarat.
SBI's net profit for the quarter rose 30.3% to Rs 2,910 crore ($468.4 million), from Rs 2,234 crore a year earlier on the back of rise in net interest income, fees, and control on employee costs.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
Many users did not know that their entitlement was not coming to their regular bank account but going to an account which they had not applied for.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
The ED conducted further searches at 21 locations across India.
Xi arrived at the Nyingchi Mainling Airport on Wednesday and was warmly welcomed by local people and officials of various ethnic groups, Xinhua news agency reported.
The services of three lab technicians of the blood bank attached to a government hospital at Sattur, near Virudhunagar, have been terminated,Health Minister C Vijayabaskar said Wednesday.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
While lending rates have been jacked up on an average of 5-10 bps by private sector lenders like HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank since January, almost all the PSBs have been increasing their bulk deposit rates in the range of 15 bps to 125 bps.
We do not expect any major price action at SBI counter as the swap ratio being largely neutral
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
The remarks by China's deputy permanent representative to the UN, Geng Shuang, came during an emergency meeting of the Security Council on the situation in Afghanistan on Monday after the sudden and rapid takeover of the Afghanistan government by the Taliban insurgents.
Mallya, whose Kingfisher Airlines owes money to several banks, had on Thursday said he will challenge UBI's decision to declare him a willful defaulter.
