NEW DELHI: Rani Kapur, the mother of the late industrialist Sunjay Kapur, approached the Delhi high court Wednesday seeking cancellation of the Rani Kapur Family Trust, which holds a stake in the automotive component manufacturer Sona Comstar.Her plea alleges the trust was established and operated without her knowledge or informed consent, effectively excluding her from…
Ripple’s Brad Garlinghouse called the WEF panel ‘spirited’ as Coinbase’s CEO defended bitcoin and stablecoins, while Villeroy warned of threats to monetary sovereignty and financial stability. Source link
NEW DELHI: Pursuant to the Jan 19 SC direction, Election Commission on Wednesday instructed the Bengal CEO to ensure that names of electors listed under “logical discrepancies” and “unmapped” categories under the SIR exercise are displayed by Jan 24 at gram panchayat bhawans, public places in talukas, block office of talukas as well as in…
“The solution, if consummated, will be a great one for the U.S. and all NATO nations,” said President Trump in a Truth Social post. Source link
NEW DELHI: PM Narendra Modi Wednesday emphasised the need to continue working with renewed vigour in order to strengthen development trajectory in ethnic strife-hit Manipur, conveying to the state administration the Centre’s “full and steadfast” support.On the statehood day of Manipur, Tripura and Meghalaya, he wrote separate letters to their respective heads of govt, highlighting…
NEW DELHI In a bid to improve credit flow to small businesses, the Union cabinet on Wednesday approved equity support of Rs 5,000 crore to Small Industries Development Bank of India (Sidbi), with the money to flow in three tranches.Govt will pump in Rs 3,000 crore in 2025-26 at the book value of Rs 568.7…
MUMBAI: The rupee on Wednesday closed at 91.70 against the dollar, down 72 paise from Tuesday’s close of 90.98, as global bond market weakness, geopolitical tensions and persistent capital outflows weighed on sentiment, pushing the currency to a fresh all-time intraday low of 91.74.The currency weakened steadily through the session, marking its sixth consecutive day…
President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. In a CNBC interview at the World Economic Forum in Davos, Switzerland, the president said a search that began in September and once included as many as…
In daily life, most people focus on how much tax they pay, but rarely on when and how it is collected. An increasingly visible part of India’s tax ecosystem is tax collected at source (TCS), which requires a portion of tax to be collected upfront on certain transactions. For many taxpayers, the timing of this…
NEW DELHI: The power ministry’s draft National Electricity Policy (NEP) 2026, released Wednesday, has proposed an annual reset of tariffs, including an index-linked automatic revision in case the regulator fails to act to ensure sound financial health of power utilities, while seeking to limit cross-subsidies for manufacturing units and railways, in an attempt to make…
