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The Supreme Court is set to hear the bail plea of former AAP communication in-charge Vijay Nair in a money laundering case linked to the alleged Delhi excise policy scam on August 27. Nair has been in custody for two years and is challenging the trial court's order. The case involves allegations of arranging illicit funds for the AAP through kickbacks from liquor businesses.
On Thursday, BJP state president Mohanlal Badoli wrote to the Election Commission, and INLD leader Abhay Chautala followed with a letter on Saturday. They expressed concern that many voters might be away from their constituencies due to the extended weekend, which could reduce participation in the elections.
Anil Ambani is assessing a Sebi order barring him from capital markets for five years for allegedly diverting funds. Sebi also fined him Rs 25 crore. Complying with earlier directives, Ambani had resigned from boards of Reliance Infrastructure and Reliance Power. He plans to follow legal guidance for next steps.
Kamala Harris' campaign amassed $540 million following President Biden's withdrawal and endorsement. The fundraising gained momentum during the Democratic National Convention. A significant portion of contributions came from first-time donors, including young voters and women. Harris' campaign is outpacing Trump's efforts in financial support.
Sajid Tarar, a Pakistani-American businessman, praised India's progress under Prime Minister Modi, emphasizing the rise of Indian tech entrepreneurs and educational investments. Tarar suggested Pakistan could benefit from a leader like Modi. He also expressed support for Trump's presidential candidacy, noting Trump's focus on making America great and challenging China's policies.
The Research Design and Standards Organisation reported that Indian Railways’ section controllers endure challenges like unattractive pay, considerable stress from vacancies, and insufficient amenities. Recommendations included upgrading pay scales, introducing aptitude tests, extending training periods, and improving basic facilities to boost their effectiveness and health.
Delhi police reported finding an unloaded pistol in a 10-year-old student's school bag in Najafgarh. The boy mistook it for a toy and brought it to school. The incident occurred at a private school in Deepeak Vihar. The police, after investigation, confirmed the pistol was licensed. The student's mother, aware of her late husband's ownership, intended to surrender it to the police. The pistol was safely deposited by the mother at the police storehouse.
In an interview to PTI, Infosys CEO Salil Parekh said the company is keen on acquisitions in areas like data analytics, SAAS, and may look at some geographies within Europe, and the US.
India and Australia conducted the tenth round of Comprehensive Economic Cooperation Agreement negotiations discussing goods, services, and digital trade. Held from August 19-22 in Sydney, the talks aimed to narrow differences and reach a balanced outcome. The next round is scheduled for November in New Delhi, with virtual sessions to continue in the interim.
In an emphatic victory, Bangladesh defeated Pakistan by 10 wickets in their first Test match. Off-spinner Mehidy Hasan Miraz and left-arm spinner Shakib Al Hasan were instrumental, claiming seven wickets. Openers Zakir Hasan and Shadman Islam completed the chase. This marks Bangladesh’s first Test win against Pakistan in 14 matches.
In an interaction with PTI editors at the agency's headquarters here, he said the private sector has to do the bulk of job creation, step up and do more, while creating an enabling environment and correcting imbalances, such as that of trade, are the responsibility of the government.
The assailants intercepted Sukhchain Singh when he was leaving his house in Daburji village on the outskirts of the city here for a morning walk on Saturday.They barged into his house and fired three shots at him before fleeing. Two of the bullets hit Sukhchain Singh -- one in the head and the other near the chest. He is stated to be out of danger, according to police.
The Telangana Cyber Security Bureau arrested two individuals in Hyderabad for their involvement in a Rs 175 crore cyber fraud scam. The fraudsters opened six bank accounts in a local bank and conducted transactions totaling the large sum between March and April 2024. The main perpetrator, based in Dubai, and his associates lured people into opening bank accounts for use in cyber crimes and hawala operations. Public caution was advised against engaging in such activities.
Infosys CEO Salil Parekh revealed substantial interest from clients in Generative AI technology, comparable to previous digital and cloud adoption. The company has trained over 250,000 employees in GenAI without expecting layoffs. Despite a significant GST tax demand, Infosys continues to see positive growth due to ongoing client projects and benefits from GenAI technologies.
The selectors have also recalled right-handed batter Sadaf Shamas, who was also part of the ICC Women's T20 World Cup 2023 in South Africa in place of wicketkeeper-batter Najiha Alvi, who will travel as a reserve player. Fatima Sana (captain), Aliya Riaz, Diana Baig, Gull Feroza, Iram Javed, Muneeba Ali (wicket-keeper), Nashra Sundhu, Nida Dar, Omaima Sohail, Sadaf Shamas, Sadia Iqbal (subject to fitness), Sidra Amin, Syeda Aroob Shah, Tasmia Rubab and Tuba Hassan.
Hezbollah has engaged in ongoing conflict with Israel since the start of the Gaza war on Oct. 7. The Iran-backed group launched retaliatory strikes following a commander's assassination. Known for its significant military strength and regional influence, Hezbollah remains an influential political force in Lebanon, despite losing its parliamentary majority in 2022.
The North American Punjabi Association condemned the recent attack on NRI Sukhchain Singh in Amritsar as deeply troubling. Singh was shot in front of his family at his home. Executive Director Satnam Singh Chahal emphasized the importance of ensuring safety and security for the diaspora community, urging concerted efforts from authorities and leaders. Police have arrested five individuals in connection with the incident as they continue to search for the assailants.
At this point of time, while the tailwinds of liquidity are pushing all the mid-cap higher, there are some stocks where additional tailwinds of sectoral growth are also present. The sector is growing at a pace which is higher than many other sectors and the nature of the business is such that it is likely to grow at a higher rate. The reason why it is important to look at whether sectoral growth tailwinds are present or not is due to higher valuations. Premiums can only be justified if there is a... Читать дальше...
Delhi Water Minister Atishi has claimed that the finance department has been stalling fund releases to the Delhi Jal Board (DJB), causing critical shortages in resources for sewer maintenance. This has reportedly resulted in operational disruptions and public health risks. Only a small portion of the allocated funds for the fiscal year has been released, covering last year's liabilities.
After a periodic scare, the global markets have adopted an upward momentum, showcasing signs of recovery from previous lows. However, while other markets (equity for example) show resilience based on the expectation of a Federal rate cut, the crypto market is yet to register a prolonged upward boom.
