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Delhi High Court reserves decision on Kejriwal's plea in defamation case

Delhi High Court reserves decision on Kejriwal's plea in defamation case

The Delhi High Court on Tuesday reserved decision on Chief Minister Arvind Kejriwal's plea to quash summons in a defamation complaint against him by BJP leader Vijender Gupta.

Justice Rajnish Bhatnagar reserved decision on Kejriwal and deputy Chief Minister Manish Sisodia's joint plea to quash summons against them in the complaint by Gupta.

Delhi cops didn't fire during Citizenship Act protests at Jamia: Officials

Delhi cops didn't fire during Citizenship Act protests at Jamia: Officials

No bullet was fired by police during violent protests against the amended Citizenship Act at Jamia Milia Islamia University on Sunday, Home Ministry officials said.

There have been allegations that police fired bullets on protesters during the agitation at Jamia.

Can Aadhaar be used for quick, online KYC? Brokerages await clarity

Can Aadhaar be used for quick, online KYC? Brokerages await clarity

Brokerages are awaiting operational clarity on the use of Aadhaar for know your client (KYC) purposes, to help sign up clients faster.

They earlier used the Aadhaar database to complete the KYC process online. Industry officials said that the on-boarding process became considerably longer after the 2018 Supreme Court judgement which stopped Aadhaar use by companies and private entities.

Kerala hartal: KSRTC buses stoned, roads blocked during strike against CAA

Kerala hartal: KSRTC buses stoned, roads blocked during strike against CAA

Incidents of stone-throwing on state-run KSRTC buses have been reported from various parts of Kerala as the dawn-to-dusk hartal called against the Citizenship Amendment Act and police action on students of Jamia university in Delhi, began on Tuesday. A group of 30 Islamic and political outfits have called the hartal from which major political parties, including the ruling CPI(M) and the opposition Congress and IUML, are keeping away.

More scope to cut interest rates, says RBI Governor Shaktikanta Das

More scope to cut interest rates, says RBI Governor Shaktikanta Das

There is scope for cutting interest rates further and the central bank will use it when required after studying the growth and inflation data, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.

The monetary policy committee (MPC) surprised markets and analysts this month by holding rates steady after trimming the key interest rate by 135 basis points since the beginning of the current rate reduction cycle in February.

India is 112th in WEF rankings on gender gap, Bangladesh does better

India is 112th in WEF rankings on gender gap, Bangladesh does better

India is 112th among nations ranked in terms of the gap between genders, and it was among the bottom five for women's health and survival and economic participation, said an annual survey on Tuesday.

Iceland remained the world's most gender-neutral country on the World Economic Forum's Gender Gap Report. India moved down the ladder from its 108th position last year to rank below countries like China (106th), Sri Lanka (102nd), Nepal (101st), Brazil (92nd), Indonesia (85th) and Bangladesh (50th).

Centre releases over Rs 35,000 crore as pending GST compensation to states

Centre releases over Rs 35,000 crore as pending GST compensation to states

Ahead of the GST Council meeting on Wednesday, the Centre on Monday sought to soothe the frayed nerves of states by releasing over Rs 35,000 crore as pending compensation. The central government has released GST compensation of Rs 35,298 crore to states and union territories today (Monday), the Central Board of Indirect Taxes and Customs (CBIC) said in a tweet.

SBI, other PSBs to lend Rs 4,000 cr to Patanjali for Ruchi Soya acquisition

SBI, other PSBs to lend Rs 4,000 cr to Patanjali for Ruchi Soya acquisition

State Bank of India (SBI) and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code.

The money lent by banks will help the government owned banks to settle their exposure to Ruchi Soya with a haircut of 65 per cent. Apart from SBI, Union Bank is also one of the banks lending to Patanjali.

Most homebuyers, some lenders vote for NBCC's bid to acquire Jaypee Infra

Most homebuyers, some lenders vote for NBCC's bid to acquire Jaypee Infra

Majority of homebuyers and many lenders, including IDBI, have voted in favour of state-owned NBCC bid to acquire debt-laden realty firm Jaypee Infratech in an ongoing insolvency process, sources said.

The simultaneous voting to bids of both the contenders NBCC and Mumbai-based Suraksha Realty started on Dec 10 and ended tonight at 11.59 pm.

Bajaj Auto takes huge lead over Eicher, Hero Motors in market cap

Bajaj Auto takes huge lead over Eicher, Hero Motors in market cap

Domestic demand for mobikes may be under severe pressure, but Bajaj Auto has left its closest competitors, Hero Motors and Eicher Motors, far behind as far as market cap are concerned. While the market capitalisation of Bajaj has gone up by close to 20 per cent this calendar year, Hero and Eicher have foundered.

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