Mumbai: In another twist in the legal battle involving Bharat Forge chairman Baba Kalyani and his sister Sugandha Hiremath, the Bombay high court on Monday allowed Sugandha’s children to amend their lawsuit. The HC order enables them to seek a restraint on voting rights attached to shares of Kalyani Group companies that were acquired using…
Oil prices extended their gains as the Middle East conflict intensifies and Strait of Hormuz continues to see disruption, fueling fears of supply disruptions in global markets. On Tuesday, Brent crude futures rose by $2.48, or 2.5%, to $102.69 per barrel at 0058 GMT, while US West Texas Intermediate (WTI) crude advanced by $2.42, or…
NEW DELHI: Supreme Court has said it is mandatory to grant a hearing to the victim while deciding bail to an accused under SC/ST (Prevention of Atrocities) Act, failing which the bail would be deemed legally unsustainable. Interpreting Section 15A(5) of the SC/ST (POA) Act, a bench of Justices B V Nagarathna and R Mahadevan…
The Andhra Pradesh Cabinet has approved the Dagadarthi greenfield airport project in Nellore district, giving a major push to the state’s aviation and industrial infrastructure, PTI reported citing officials.With this approval, Dagadarthi will become Andhra Pradesh’s eighth airport, strengthening the state’s plans to build a multimodal logistics and industrial network, they added.Strategically located, the proposed…
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NEW DELHI: First shipment of medical aid from India reached Iran on Wednesday, the Indian Embassy in Tehran confirmed. The Iranian embassy in India said that the delivery was received by the Iranian Red Crescent Society and expressed gratitude to the people of India. “The first shipment of medical aid from the esteemed people of…
NEW DELHI: Congress leader and leader of opposition Rahul Gandhi on Thursday warned that country’s energy security could face serious challenges amid disruptions in global fuel markets caused by the escalating conflict in the Middle East.Speaking about the potential impact of the crisis on India’s fuel supply, Rahul said the government must urgently prepare for…
Wall Street opened on a mixed note on Tuesday amid anticipation around Big Tech earnings. The S&P 500 and Nasdaq Composite opened in the green, whereas the Dow Jones Industrial Average opened in the red. The wider index, S&P 500, rose 0.22% or 15.33 points to trade at 6,965.56, whereas the tech-heavy Nasdaq opened 0.51%…
The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin BTC$78,890.15 significantly lower. “While near-term risk remains skewed to the downside, we believe we’re approaching the final innings of the crypto bear market,” analysts Ed…
