LANDMARK DECISION
Landmark Supreme Court ruling could spur more climate cases in India: Report
Citing the case of Citing the case of M K Ranjitsinh and Others vs. Union of India, the report by the London School of Economics' Grantham Research Institute on Climate Change and the Environment said that climate cases in the Global South are increasing and gaining more attention. M K Ranjitsinh and Others vs. Union of India, the report by the London School of Economics' Grantham Research Institute on Climate Change and the Environment said that climate cases in the Global South are increasing and gaining more attention.
Cabinet approves offshore wind energy projects in Gujarat, Tamil Nadu with total outlay of Rs 7,453 cr
The Union Cabinet approved India's first offshore wind energy projects with a capacity of 1 GW, divided equally between Gujarat and Tamil Nadu, at a total cost of Rs 7,453 crore. Information & Broadcasting Minister Ashwini Vaishnaw highlighted this as a landmark decision, emphasizing the significant opportunity it represents for India's renewable energy sector.
NCLT dismisses developer’s intervention plea at pre-admission stage
The National Company Law Tribunal dismissed an intervention petition by Surya Landmark Developers regarding exclusion of its prime 0.5-acre land parcel in Mumbai's Lower Parel from insolvency proceedings initiated by ACRE.
PM Modi to meditate at Vivekananda's landmark in Tamil Nadu after poll campaign ends on May 30, Congress fumes
Prime Minister Narendra Modi is set to visit the Vivekananda Rock Memorial in Kanyakumari on May 30 for a spiritual retreat, according to a senior BJP official. He is expected to be at the location near the monolithic statue of Tiruvalluvar in the sea. The visit is not related to any party event. Modi will engage in meditation during his stay.
India's Panchayati Raj system highlights strides made in women's leadership: Ruchira Kamboj
India's Permanent Representative to the UN, Ruchira Kamboj, highlighted the significant progress in women's leadership within India's Panchayati Raj system. Speaking at a #CPD57 side event, she praised the system's decentralised power structure, facilitating active participation from all residents through the Gram Sabha. Kamboj noted the constitutional amendment mandating one-third of all elected roles be reserved for women, leading to 50% representation in 21 states. She emphasized women's transformative impact, integrating gender considerations into local planning for inclusive and sustainable outcomes.
Google trial wraps up as judge weighs landmark US antitrust claims
US District Judge Amit Mehta in Washington for hours grilled both sides with questions, probing whether competitive platforms such as ByteDance's TikTok and Meta's Facebook and Instagram are competitive substitutes for search advertising dollars.
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Asia stocks, yen tentative with eyes on BOJ decision
U.S. stock futures jumped after tech giants Alphabet and Microsoft reported quarterly results that beat Wall Street estimates. Nasdaq futures advanced more than 1%, while S&P 500 futures rose 0.7%.
New York appeals court overturns Harvey Weinstein's 2020 rape conviction from landmark #MeToo trial
New York's highest court overturned Harvey Weinstein's 2020 rape conviction, stating that the judge in the groundbreaking #MeToo trial had biased the former movie mogul with inappropriate rulings. These rulings included allowing women to testify about allegations that were not part of the case.
NCLAT rejects insolvency plea against Parsvnath Landmark Developers
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by four unit buyers of Parsvnath Landmark Developers to initiate insolvency proceedings against the subsidiary. The tribunal upheld the Principal bench's decision, which rejected the plea on technical grounds due to the small number of petitioners.
Florida Court approves 6-week abortion ban, voters to decide fate
Florida Supreme Court reshapes abortion landscape by permitting a six-week abortion ban, impacting neighbouring states. Voters can expand access while facing logistical challenges. The rulings have national implications for reproductive rights and access to abortion services.
Japanese stocks down, yen steady as markets brace for landmark BOJ shift
In a week filled with central bank meetings across the globe, the BOJ takes the spotlight on the day with all signs pointing to the central bank shifting away from its ultra easy monetary policy.
Europe one step away from landmark AI rules after lawmakers' vote
Three years in the making, the AI Act comes as generative AI systems such as Microsoft-backed OpenAI's ChatGPT, and Google's chatbot Gemini become more popular, fuelling concerns about misinformation and fake news.
Europe one step away from landmark AI rules after lawmakers' vote
Three years in the making, the AI Act comes as generative AI systems such as Microsoft-backed OpenAI's ChatGPT, and Google's chatbot Gemini become more popular, fuelling concerns about misinformation and fake news.
All you need to know about the EU's landmark digital content law
The EU's milestone legislation known as the Digital Services Act demands that digital companies crack down on illegal and problematic content. These large platforms must assess the risks linked to their services with regards to the spread of illegal content and privacy infringements.
Colorado GOP appeals state Supreme Court decision on Trump's eligibility
The Colorado GOP challenges the state's ruling deeming Trump unfit for the presidency, invoking a 155-year-old constitutional clause. The appeal extends the decision's pause until Jan. 4, impacting the primary ballots. Trump plans to contest at the U.S. Supreme Court, while legal experts foresee minimal effect on his campaign in Colorado but potential ramifications in crucial states. With bipartisan involvement and unprecedented constitutional debate, this case sparks a historic legal clash, potentially reshaping presidential eligibility criteria.
Nikki Haley & Vivek Ramaswamy oppose US court's decision barring Trump from presidency
Indian-American presidential candidates Nikki Haley and Vivek Ramaswamy on Wednesday opposed the Colorado Supreme Court decision to disqualify Donald Trump from the presidency next year in the state because of his role in the attack on the US Capitol in 2021. The disqualification of the 77-year-old former president on Tuesday was based on the Constitution's 14th Amendment, which says officials who take an oath to support the US Constitution are banned from future office if they "engaged in insurrection."
Will declaration on fossil fuels at UN climate talks lead to action? Consider 5 previous decisions
Climate experts say the pledges are just a fraction of the billions of dollars needed, as climate-driven weather extremes such as cyclones, rising sea levels, floods and droughts are increasing as temperatures rise.
Supreme Court set to deliver landmark decision on Article 370 abrogation today
The Jammu and Kashmir High Court Bar Association contended that while acceding to India, the Maharaja of Jammu and Kashmir retained sovereignty over the territory but not the sovereign power to rule and govern the state. The association stated that except for defense, external affairs, and communication, all powers were retained by the state to make laws and govern.
Texas judge grants court-ordered abortion to pregnant woman in landmark ruling amidst state's strict ban
The decision, issued on Thursday (local time), stands out as a crucial development in the ongoing discourse surrounding the state's stringent ban on abortions post-six weeks, recognised as one of the most restrictive nationwide.
Supreme Court weighs landmark Purdue Pharma settlement impacting opioid crisis
The Supreme Court weighs a pivotal Purdue Pharma settlement shielding the Sackler family from opioid crisis lawsuits. The $6 billion agreement, aimed at combatting the epidemic, faces scrutiny over extending bankruptcy protection to non-bankrupt individuals. Supporters view it as crucial, while critics decry special treatment for the Sacklers. The verdict, expected by summer, could reshape opioid litigation, offering direct payouts to victims and addressing the impact of OxyContin's marketing on the crisis.
What Google argued to defend itself in landmark antitrust trial
Google's lawyers are set to wrap up their arguments in the case -- US et al. v. Google -- on Tuesday, which will be followed by a government rebuttal. Judge Amit Mehta of US District Court for the District of Columbia, who is presiding over the nonjury trial, is expected to deliver a verdict next year after both sides summarize their cases in writing and deliver closing arguments.
In landmark court case, 6 young activists take on 32 European nations over climate action
Six young people from Portugal are taking 32 European governments to the European Court of Human Rights, arguing that they have failed to adequately address global warming and therefore violated their fundamental rights. The young adults and children are seeking a favorable ruling that will force these governments to accelerate their climate efforts. The court's rulings are legally binding and failure to comply can result in hefty fines.
Bitcoin saved from dismal August by landmark Grayscale ruling
The Securities and Exchange Commission's denial of Grayscale Investments' proposal was "arbitrary and capricious", a federal court said on Tuesday, handing the crypto asset manager a landmark victory that could pave the way for the first product of its kind.
Bitcoin saved from dismal August by landmark Grayscale ruling
The Securities and Exchange Commission's denial of Grayscale Investments' proposal was "arbitrary and capricious", a federal court said on Tuesday, handing the crypto asset manager a landmark victory that could pave the way for the first product of its kind.
Governments abroad look to model on India’s ‘landmark’ data law
New Zealand's Privacy Commissioner Michael Webster said he takes a 'keen interest' in the privacy impacts of new and emerging technologies and how countries such as India respond to these developments.
Russia halts landmark deal that allowed Ukraine to export grain at time of growing hunger
The suspension marks the end of an accord that the U.N. and Turkey brokered last summer to allow shipments of food from the Black Sea region after Russia's invasion of its neighbor worsened a global food crisis. The initiative is credited with helping reduce soaring prices of wheat, vegetable oil and other global food commodities. Ukraine and Russia are both major global suppliers of wheat, barley, sunflower oil and other food that developing nations rely on.
One year later, the Supreme Court's abortion decision is both scorned and praised
The Dobbs decision made abortion an unavoidable campaign issue and deepened policy differences between the states. Most Republican-controlled states have imposed bans , including 14 where laws in effect now block most abortions in every stage of pregnancy, with varying exceptions for the life and health of the women and for pregnancies resulting from rape or incest.
2 top stock recommendations from Jay Thakkar
As far as Man Infra is concerned, this stock too has moved up quite well and it has provided a breakout from a falling trend line and the breakout has come with the increase in volumes.
Go First CEO says NCLT order is landmark, historic
Go First CEO Kaushik Khona described the NCLT's decision to admit the airline's plea for voluntary insolvency resolution proceedings as a "landmark judgement" that is very timely and effective for its revival. Cash-starved Go First had filed for the voluntary insolvency resolution proceedings on May 2.
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