The Justice Sundresh-led Bench added that states and Union...
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Investors lose Rs 9.28 trillion as stock markets fall for 2nd day
"Volatility geared up during the day, driven by a mix of factors...
Govt to shelve privatisation plans, pour billions in state-run firms
In 2021, Modi's government announced a major programme to privatise...
UP, Delhi, Karnataka leading states in EV sales: Govt
Uttar Pradesh (255,700) has the highest registered electric vehicles, followed by Delhi (125,347) and Karnataka (72,544) come in that order. The fourth and fifth spots are grabbed by Bihar (58,014) and Maharashtra ( 52,506). New Delhi: Uttar Pradesh, Delhi and...
Star Health cuts IPO size to about $848 mln after tepid subscription
Investors will be closely watching the listing which is likely on Friday after Paytm's dismal debut in November cast doubts on the big ticket IPOs and sparked concerns about overvaluation in the domestic equity market BENGALURU: India's largest private health insurer...
Investor wealth surges over Rs 3.96 lakh cr as market rally continues
With reports that the new COVID variant Omicron is unlikely to be more severe than the Delta variant, an overall positive sentiment persisted in the global markets Mumbai: Investors saw their wealth rise by more than Rs 3.96 lakh crore on Wednesday as stocks continued...
RBI leaves rates unchanged,continues accommodative stance
Shaktikanta Das, governor, RBI The RBI's monetary policy committee held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35% RBI governor Das said that the Indian economy is relatively...
Panel orders immediate closure of NCR industries not using cleaner fuels
"Despite the measures taken in different sectors towards improvement of air quality in Delhi-NCR, the air quality still remains in the 'very poor' to 'severe' category," the Commission for Air Quality Management said. NEW DELHI:In a stern action against industries,...
New premium income of life insurers up 42 pc at Rs 27,177 cr in Nov: Irdai
The insurance behemoth LIC -- the only state-owned life insurer in the country -- witnessed over 32 per cent rise in the first-year business premium in November at Rs 15,967.51 crore, as against Rs 12,092.66 crore in the year-ago same period, Irdai data shows Rest of...
Proposed India bill banning crypto payments could mean jail for violations
The government's plans to crack down heavily on cryptocurrency trading sparked a frenzy in the market and several investors exited with significant losses. New Delhi: Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also...
SpiceJet says Madras High Court has stayed its earlier order of winding up the airline
In a filing to BSE, the budget carrier said the Madras High Court had on Monday issued an order of "winding up SpiceJet and appointment of official liquidator" in a case filed by Credit Suisse claiming non-payment of $24.01 million dues to engine maintenance services...
Families of 1,509 healthcare workers paid insurance claim of Rs 50L each under PMGKP: Govt
Minister of State for Health Bharati Pravin Pawar Further, on account of the unprecedented situation, private hospital staff and retired or volunteer/local urban bodies/contract/daily wage/ad-hoc/outsourced staff requisitioned by states/central hospitals/autonomous...
HEALTH, ECONOMIC AND CYBERATTACKS REMAIN TOP RISK CONCERNS FOR INDIA INC: MARSH/RIMS STUDY
Many employers in India are looking at transitioning to a more flexible working system. Some extent of remote work is expected to remain, leading to concerns of increased cyberattacks due to unsecured home networks. Yet, less than a quarter of Excellence India survey...