The Bharatiya Janata Party vs ruling Dravida Munnetra Kazhagam battle over live telecast of the Ayodhya Ram temple consecration in Tamil Nadu shrines reached the Supreme Court on Monday, with the apex court asking the authorities to act in accordance with the law and not based on any oral instructions.
The same day the tax sleuths had raided the house of DMK MP S Jagathrakshakan and some of those linked to him. The MP from Arakkonam has interests in a variety of business sectors.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
The provisions in the Constitution (128th Amendment) Bill make it clear that the women's reservation will come into effect only after the delimitation exercise or the redrawing of constituencies taking into account the data of the census conducted once the bill becomes a law.
The Gorakhpur-based Gita Press, which is the world's largest publisher of Hindu religious texts, has declined the Rs 1 crore cash award for the Gandhi Peace Prize amid a political row over its selection for the prestigious honour.
We have millions of newbie investors who are clueless about how to handle sudden and severe adverse market reactions, which arrive from time to time, observes Debashis Basu.
SIT chief Sukhwinder Singh visited the Shiva temple, one of 12 jyotirlingas in the country, examined relevant CCTV camera footage and met the temple's trustees.
Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu.
'Everyone is so excited. There is a lot of excitement everywhere. This was a long time desire of many people.'
Karnataka Congress president D K Shivakumar on Wednesday said he has been asked by the Enforcement Directorate to appear before it on February 22, while his daughter has been served notice by the Central Bureau of Investigation.
Not just unclaimed bank deposits, there are thousands of crores of rupees locked in unclaimed shares and insurance policies lying with many institutions across India.
Britain's Prime Minister Rishi Sunak on Sunday visited the Akshardham temple here with his wife Akshata Murty and said it is not only a place of worship but also a landmark that portrays India's values.
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent. The proposal is expected to be considered and approved during the EPFO trustees' meeting scheduled to be held on July 29 and 30, according to a source. At present, EPFO can investment 5 to 15 per cent of the investible deposits in equity or equity-related schemes.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust
'I am the worker of RSS, and the RSS never condemned Bharat Jodo Yatra'
The 'Holi celebrations' event was organised by the Governor in the honour of the visiting dignitary and his delegation.
Singh was under investigation by the federal agency as part of the case lodged under the Prevention of Money Laundering Act (PMLA) against an educational trust run by his wife and former legislator Kanta Andotra, they said.
The decline in demand and rise in raw material prices due to high transportation costs are the major problems faced by micro, small and medium enterprises in the last 27 months, according to a survey. The report by Bhartiya Yuva Shakti Trust (BYST) also said that though markets have stabilised, about 57 per cent of the units that participated in the survey are struggling to get new orders for their merchandise. "Lesser purchasing power of consumers lead to reduced demand and increased raw material cost due to higher transportation cost with increase in fuel prices have been cited among key problems faced by entrepreneurs during the last 27 months," Lakshmi Venkataraman Venkatesan, founding and managing trustee, BYST, said.
Prime Minister Narendra Modi on Monday met the top priests of various churches in Kerala, giving a push to the Bharatiya Janata Party's efforts to reach out to the influential minority community in the southern state ahead of the 2024 Lok Sabha polls, sources said.
Balakrishnan, a full professor in the economics department who joined the private university in 2015, on Saturday wrote to Ashoka University Chancellor Rudrangshu Mukherjee and board of trustees chairperson Pramath Raj Sinha explaining his reasons for his resignation.
Retirement fund body EPFO fixed 8.15 per cent rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting on Tuesday. In March 2022, EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21. This was the lowest since 1977-78, when the EPF interest rate stood at 8 per cent.
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
The probe, being conducted under various sections of the Prevention of Money Laundering Act, is against the Kallal Group and the UK-based Lyca group and its Indian companies Lyca Productions and Lyca Hotels, it said.
The Securities and Exchange Board of India (Sebi) has for the first time proposed to regulate online platforms offering fractional ownership in real estate, a model already popular in countries like the United States and UAE. In a consultation paper floated recently, the capital markets regulator stated that such fractional ownership of real estate assets was proposed to be brought as MSM (micro, small, medium) REITs under Sebi (Real Estate Investment Trusts) Regulations. This model allows investors to own a fraction or a small share in a real estate asset like buildings and office spaces, which could include warehouses, shopping centres, conference centres.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
The Central Bureau of Investigation on Monday told a special court here that former ICICI Bank CEO and MD Chanda Kochhar misappropriated the lender's funds for personal use. The probe agency, represented by special public prosecutor A Limosin, made this argument while urging the special court to take cognizance of the chargesheet filed against Chanda Kochhar, her husband Deepak Kochhar and others in a case pertaining to cheating and irregularities in sanctioning of loans to Videocon Group firms. Chanda Kochhar was MD and CEO of ICICI Bank between May 2009 and January 2019 in which capacity she was entrusted with the Bank's funds, the CBI told court.
A police case has been filed against three persons in connection with the appearance of ice in the shape of a 'lingam' in the renowned Trimbakeshwar temple in Maharashtra's Nashik in June last year, which a probe committee has now proclaimed as a hoax.
Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.
Ajay Devgn has been the chief guest for many events. But this one is close to his heart.
"Vivan Sundaram passed away this morning at 9.20 am. Further details of the cremation as decided will be communicated to you shortly," read a note issued by Safdar Hashmi Memorial Trust (SAHMAT), of which Sundaram was a founding trustee.
The Supreme Court on Monday appointed former apex court judge Justice R V Raveendran as a mediator to settle the family property dispute involving businessman and former IPL head Lalit Modi and his mother Bina Modi. The apex court observed that counsel appearing for both sides agreed that they would go without any pre-condition and with an open mind to settle the dispute in mediation. "....We also think the issue can be resolved by way of mediation," a bench headed by Chief Justice N V Ramana said. "Accordingly, we appoint Justice R V Raveendran, a retired judge of this court, to mediate and settle the dispute," said the bench, also comprising justices Krishna Murari and Hima Kohli.
The trust that runs the institution said she had resigned.
Modi to receive Lokmanya Tilak National Award, constituted by Tilak Smarak Mandir Trust in 1983, to honour the legacy of Lokmanya Tilak
No one can capture an inch of Indian land till the Narendra Modi government is in power, Home Minister Amit Shah said Tuesday and claimed the actual reason behind the Congress disrupting Lok Sabha proceedings was not the clash between Indian and Chinese soldiers but a question on the cancellation of Foreign Contribution (Regulation) Act (FCRA) registration of the Rajiv Gandhi Foundation.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
The police said an aged woman had even called her grandson using Shariq's phone.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
The disbursal included Rs 1,000 crore for migrant welfare and over Rs 1,392 crore for procurement of Covid vaccine doses.
The police have managed to make some inroads into the case in which Rs 35.5 lakh went missing from the Sathya Sai Baba Central Trust. Earlier during the day, the Anantpur police had claimed that the money was being taken from Puttaparthy to Bangalore to be handed over to an unknown person.
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