HIGH NOTE
Despite war and sanctions, Russia becomes a high-income economy
Despite Western sanctions over the Ukraine war, Russia has transitioned from an upper-middle to a high-income economy, according to the World Bank's latest rankings. Factors such as increased military activity, a rebound in trade and construction, and growth in the financial sector contributed to this shift. Consequently, Russia's Atlas GNI per capita rose by 11.2%.
Delhi High Court calls for regulation of trademark agents
Delhi High Court has directed the Controller General of Patents to create a code of conduct for trademark and patent agents due to misleading advertisements. The court emphasized the need to regulate agents and address complaints effectively.
Why can't we attach assets: HC to SpiceJet
Delhi High Court requests SpiceJet's response on asset attachment to enforce UK court decrees totaling $13.82 million. SpiceJet disputes attachment, citing ongoing fund-raising efforts. Court grants one week for airline to reply.
India's goal to become high-income country by 2047 unlikely to be achieved: Financial Times expert
At the CUTS event, Martin Wolf indicated PM Modi's goal of India becoming a high-income economy by 2047 is unlikely, but it can achieve upper middle-income status. Amid a fragile world, India, a developing nation, could become a superpower by leveraging global opportunities, enhancing HDI, attracting foreign direct investment, and positioning as a 'China plus one' alternative, he said.
Money laundering case: HC extends Jet Airways founder Naresh Goyal's interim bail by 4 weeks
Jet Airways founder Naresh Goyal's interim bail extended by Bombay High Court for medical reasons. Goyal, suffering from cancer, to undergo surgery. ED alleges money laundering of Rs 538.62 crore. Wife, Anita Goyal, arrested and later passed away.
'Conman' Sukesh Chandrasekhar gets bail from Bombay HC in 2015 cheating case
Chandrasekhar was arrested in the case in May 2015 under Indian Penal Code and Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act for allegedly floating a bogus firm called 'Lion Oak Indian' and launching various investment schemes that promised 20 per cent monthly returns apart from rewards like Tata Nano car, gold coins etc.
- Go To Page 1
Delhi High Court seeks SpiceJet's response on lessor's plea for attachment of assets
Delhi High Court seeks response from SpiceJet regarding attachment of assets to enforce UK court decrees for $13.82 million payment to a aircraft lessor. Court gives airline one week to respond.
Tesla Vs Tesla: HC orders mediation in trademark dispute between Musk's firm & Gurugram-based company
The Delhi High Court has directed Tesla Inc. and Gurugram-based Tesla Power India to mediate their trademark dispute. Tesla Inc. alleges that Tesla Power India's use of the "Tesla" trademark infringes on its rights, causing consumer confusion and harming its business. Mediation is scheduled for July 18, with a further hearing on September 18.
Reasons for SC collegium rejecting candidates for judgeship can't be made public: HC
The high court made the observation while dismissing an appeal challenging an order which had rejected a petition seeking a direction to the Supreme Court collegiums to provide detailed reasons while refusing to accept recommendations for appointment of high court judges.
Delhi HC denies bail to two accused in money laundering case involving AAP MLA Amanatullah Khan
The Delhi High Court has refused to grant bail to two individuals arrested in a money laundering case involving alleged irregularities in Delhi Waqf Board recruitment, including AAP MLA Amanatullah Khan. Justice Swarana Kanta Sharma dismissed bail pleas of accused Zeeshan Haider and Daud Nasir, stating there was sufficient material to attract the bar on bail under the anti-money laundering law.
Jasprit Bumrah honoured with a heartfelt note from wife Sanjana Ganesan: 'You deserve...'
Jasprit Bumrah, named 'Player of the Tournament' for the 2024 T20 World Cup, received heartfelt praise from his wife, Sanjana Ganesan, on Instagram. Celebrating India’s win over South Africa, she lauded the team’s efforts and Bumrah’s resilience and hard work. She expressed pride in his achievements and cherished the emotional moment of their victory.
Experts take note of a clear shift in India's fitness & nutrition trends
The growing demand for nutritional guidance and fitness coaching is driven by increased awareness of lifestyle disorders and dietary habits. Social media has amplified this consciousness.
Why is Singapore the world’s most expensive city?
A report by a Swiss bank has noted that Singapore is the world’s most expensive city. Hong Kong, London, Shanghai and Monaco are some of the other cities in the ranking.
Govt starts taking call on Chinese investments, Indian cos Press (Note) 3
Dixon Technologies is preparing to file for Press Note 3 clearance for its proposed joint venture with HKC Corp for manufacturing liquid crystal modules, thin film transistor liquid crystal display modules and assembly of smartphones and televisions. Dixon will own majority shares. Following border tensions, the Indian government began looking askance at investments by Chinese companies in India.
'Hamare Baarah' release: Controversial movie gets green light from Bombay HC; objectionable scenes to be removed
The Bombay High Court has permitted the release of the film 'Hamare Baarah', starring Annu Kapoor, following the removal of objectionable scenes that sparked legal battles over alleged remarks offending religious sentiments. The court's ruling emphasized the film's focus on women's empowerment and cautioned against content that could incite communal tensions. Annu Kapoor, facing threats over the movie's content, highlighted challenges faced by the team.
Freshers, take note: Data proficiency is becoming the key to multiple career opportunities
Data analysis is a crucial skill valued by employers across industries. It involves extracting insights from raw data using statistical tools. Lokesh Nigam and Krishna Kumar emphasize its importance in decision-making and career growth.
GIFT Nifty trades on a muted note; here's the trading setup for today's session
GIFT Nifty: Domestic equities rose for a second day as investors analyzed Lok Sabha 2024 elections outcome. Focus on government formation, ECB meeting today, and RBI policy tomorrow.
Asian shares retreat as investors question US economic strength
Asian share markets weakened as U.S. economy's 'exceptionalism' unravels with weakening manufacturing activity. MSCI's Asia-Pacific index down 0.1%. U.S. Treasury yields fall after weak manufacturing data. Westpac economist Coombs sees market pricing 40 basis points rate cuts by 2024.
Mumbai: IAS officers' daughter jumps to death from high-rise building near Mantralaya
Lipi Rastogi, a 27-year-old law student and daughter of senior IAS officers, died after jumping from a high-rise in Mumbai. She was reportedly anxious about her exams. A note found in her room stated that no one should be blamed for her death. The police have registered an ADR and are investigating the case. This incident recalls a similar tragedy involving another IAS officer's family in 2017.
100X.VC invests $2.7 million in 17 startups
100X.VC, a Mumbai venture capitalist firm, injected $2.7 million into 17 startups in their 11th cohort. This brings their total portfolio to 161 companies. Ninad Karpe, founder and partner at 100X.VC, said they invested Rs 1.25 crore in each startup and provided mentorship to help them refine their products and go-to-market strategies.
10 Best Redmi Mobile Phones in India (May 2024) for Budget-conscious Consumers
Embark on a journey of technological excellence with the best Redmi mobile phones, where innovation meets affordability. From stunning displays to powerful processors and exceptional camera systems, each device in Redmi's lineup promises an unparalleled mobile experience. Whether you seek seamless performance for multitasking or crystal-clear photography capabilities, these smartphones deliver it all. With a host of features designed to enhance productivity and entertainment, Redmi stands at the forefront of cutting-edge mobile technology, ensuring that every user finds their perfect match.
Yield curve inversion narrows, 10-year yields hit four-week high
Yields jumped on Tuesday after consumer confidence unexpectedly improved in May and the Treasury Department saw soft demand for auctions of two-year and five-year notes.
Nifty volatility surges ahead of election results: What investors need to know
Volatility remained at elevated levels this week. D-Street is building up ahead of the General Election results on June 4th. Maintaining a buoyant trajectory over the past few weeks, Nifty oscillated in a 621.85-point range.
Big funds bet the 'anything but bonds' trade is poised to end
Big US bond investors, including mutual fund managers, are aggressively moving funds into long-dated notes, expecting gains from interest rate cuts. Research by JPMorgan Chase shows the top 20 managers increasing duration by piling into high-grade corporate bonds to avoid negative carry. The allure of long-dated corporate bonds is growing as markets anticipate Federal Reserve rate cuts.
5 Cash Counting Machines for efficient cash management
Managing cash efficiently is crucial for businesses of all sizes. To streamline this process and ensure accuracy, cash counting machines have become essential tools. Explore 8 top cash counting machines that offer advanced features such as high-speed counting, counterfeit detection, and convenient batch sorting.
Asian junk bond sales are hottest in five years on India boom
Regional sales of such corporate notes, outside of Japan, touched $5.9 billion so far this year, already surpassing $4.4 billion in all of 2023, according to Bloomberg-compiled data. Indian borrowers have topped the share of sales so far this year, with nearly 44% share.
97.76% of Rs 2000 currency notes returned, says RBI
The Reserve Bank of India (RBI) reported that 97.76% of the Rs 2000 denomination banknotes have been returned to the banking system, leaving only Rs 7,961 crore with the public. Since the announcement of their withdrawal from circulation on May 19, 2023, the total value of Rs 2000 banknotes has decreased from Rs 3.56 lakh crore to Rs 7,961 crore by April 30, 2024. Despite the withdrawal announcement, Rs 2000 banknotes remain legal tender.
D-Street starts FY25 on high note, mid- and small-caps rebound
NSE's Nifty rose 135 points, or 0.61%, to close at 22,462 after touching an all-time high of 22,529 earlier in the day. BSE's Sensex rose 363 points, or 0.49%, to end at 74,014 off the record high of 74,254 during the day. The record closing levels for the Sensex is 74,119 and for the Nifty is 22,493 hit on March 7.
Plea against Kejriwal 'passing orders' in custody: HC asks ED to submit its note to special judge
The Delhi High Court instructed the Enforcement Directorate (ED) to present its note to the special judge regarding CM Arvind Kejriwal's orders during custody in a money laundering case. It disposed of a petition urging to prevent Kejriwal from issuing orders while in ED custody, without commenting on the petitioner's standing.
Load More
