NEW DELHI: Supreme Court on Thursday reprimanded Congress MP Jairam Ramesh for challenging an Office Memorandum issued by the Centre to implement the apex court’s judgment on retrospective environmental clearance.A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi said that since the Office Memorandum was meant to implement an SC judgment, the challenge…
Indian refiners are currently paying a premium of $2 to $4 per barrel above Dated Brent for deliveries of Russia’s benchmark Urals crude. (AI image) In a quick and immediate fix to the Middle East oil supply shock, Indian refiners have begun purchasing readily available Russian crude oil. With ships and tankers currently not moving…
With Republic Day being observed across the country today, investors are keen to know whether trading activity will continue as usual or face disruptions. January 26 is a nationally significant day, and it traditionally has implications for financial markets and settlement schedules.At the start of the year, market participants typically track holiday calendars closely, as…
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment in the equity market and raised fresh concerns for investors. The breach of this psychological level has come on the back of weak capital flows, steady demand for dollars from importers, and…
Disasters don’t just cause infrastructure losses, cripple economies, or claim lives. They shake something far deeper, that is, the very fabric of human existence.Each disaster leaves scars that statistics cannot fully capture silent grief, disrupted childhoods, fractured communities and lives permanently divided into “before” and “after”. Homes swallowed by raging floods erase decades of memory….
Union finance minister Nirmala Sitharaman on Monday explained the reason behind the rise in gold prices and assured that the government is closely monitoring the hikes. After the customary post-Budget meeting with the Central Board of Directors of the Reserve Bank of India, she said, “Most countries today, particularly their central banks, are buying gold…
Rupee strengthened in early trade on Monday, rising 22 paise to 89.45 against the US dollar, extending its recovery after hitting record lows in recent weeks.Earlier this month, rupee slid to a series of lifetime lows, even weakening beyond the 91-per-US-dollar mark. The currency, however, later healed in recovery attributed to likely intervention by the…
The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…
NEW DELHI: European Commission president Ursula von der Leyen said on Monday, a successful India makes the world “more stable, prosperous and secure,” after attending India’s 77th Republic Day celebrations at Kartavya Path, a day ahead of the India–EU summit.Von der Leyen and European Council president Antonio Costa attended the Republic Day parade as chief…
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