The Karnataka High Court has prima facie not found merit in the Competition Commission of India’s (CCI’s) order of an investigation into some of the business practices of e-commerce majors Amazon India and Flipkart. The High Court last Friday granted an interim stay on a petition filed by Amazon, after hearing the matter for three days.

Former prime minister Manmohan Singh on Wednesday slammed the economic policies of his successor Narendra Modi, saying the government was not acknowledging that there was a slowdown, and that there was a need to rethink the reform process afresh to deal with the country’s challenges.

Today we have a government which does not acknowledge that there is a word as slowdown. And I feel this is not good for our economy.

As China reels from the coronavirus epidemic, Korean mobile phone maker Samsung seems to be recovering some of the lost ground.

While the outbreak has forced most leading brands like Apple, Xiaomi, Oppo, Vivo, and Realme to rework their launch dates and pricing strategies, Samsung, which struggled to maintain its hold over the market last year, has taken the lead.

Home Secretary Priti Patel on Wednesday announced the launch of the UK's new points-based visa system, aimed at attracting the brightest and the best from the world, including from India, and cutting down numbers of cheap, low-skilled workers coming to the country.

The new system will come into force from January 1 2021 at the end of the transition period after the UK's exit from the European Union (EU) last month, which will formally end free movement of people within the economic bloc for the UK as a non-member.

Former Mumbai police commissioner Rakesh Maria has claimed that had Pakistani terrorist Mohammed Ajmal Kasab not been caught alive, the 26/11 Mumbai terror attack would have been dubbed as the handiwork of Hindu terrorists.

Kasab's body would have been found with an I-card bearing a fictitious Hindu name, Maria writes in his memoir 'Let Me Say It Now' released recently.

The first meeting of the Ram Mandir Trust to oversee construction of a Ram temple at Ayodhya will be held here on Wednesday at the Delhi residence of K Parasaran, the head of the Trust. The Trust has been constituted by the Narendra Modi government.

The trust meeting is likely to finalise the date to start construction of the Ram Temple. Modi had announced the formation of the 15-member trust in Parliament on February 5. The Shri Ram Janmabhoomi Teertha Kshetra Trust has seven members, five nominated members and three trustees.

The Unique Identification Authority of India (UIDAI), that issues Aadhar cards, has asked at least 127 people in Hyderabad to prove their 'Indian citizenship'. In a notice, the authority has warned that their Aadhar cards will be cancelled if they don't verifiy their enrolment documents in person.

On Tuesday, a rickshaw driver named Sattar Khan was asked to appear before a UIDAI official on February 20 “with all necessary documents in original to prove all his claims of Indian citizenship”. The letter went viral on social media.

Private sector lender Kotak Mahindra Bank on Wednesday informed stock exchanges that the Reserve Bank of India (RBI) has given its final approval to the bank’s proposal on stake reduction in the bank and capping the promoters’ voting rights.

Further to our intimation dated 30th January 2020, please note that the Reserve Bank of India has granted its final approval vide its letter dated February 18, 2020 in the matter relating to dilution of promoters' shareholding in the bank, the bank said.

Shares of Bandhan Bank were trading lower for the third straight day, slipping 3 per cent intra-day to hit its 52-week low of Rs 411, on the BSE on Wednesday. The stock of the private sector lender was trading at its lowest level since February 5, 2019.

In the past three months, Bandhan Bank has underperformed the market by falling 27 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex. It has slipped 37 per cent from its 52-week high level of Rs 650, touched on October 29, 2019.

US President Donald Trump has said he is saving the big deal with India for later and he does not know if it will be done before the presidential election in November, clearly indicating that a major bilateral trade deal during his visit to Delhi next week might not be on the cards.

We can have a trade deal with India. But I'm really saving the big deal for later, he told reporters at Joint Base Andrews Tuesday afternoon (local time).

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