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    Excise Policy case: Court extends judicial custody of AAP's Manish Sisodia till July 15

    Delhi Court extended ex-deputy CM Manish Sisodia’s custody till July 15 in the CBI Excise Policy case. The CBI and ED allege irregularities and money laundering, with false entries made to evade detection. Sisodia, arrested on February 26, 2023, resigned two days later. CM Kejriwal is also under investigation, following Lt. Governor’s recommendation for a CBI probe.

    Excise 'scam': Delhi HC asks CBI to respond to Arvind Kejriwal's bail plea in corruption case

    The Delhi High Court on Friday asked the CBI to respond to Chief Minister Arvind Kejriwal's bail plea in the corruption case registered by the CBI in connection with the alleged excise policy scam. Justice Neena Bansal Krishna issued a notice to the CBI on the bail plea and listed it for further hearing on July 17.

    Brazil authority suspends Meta's AI privacy policy, seeks adjustment

    Brazil's National Data Protection Authority suspends Meta's privacy policy, affecting personal data processing for AI training. ANPD's decision, published in the official gazette, aims to protect fundamental rights with fines for non-compliance. Meta expresses disappointment but pledges transparency and compliance with privacy laws, highlighting the use of public content for AI training.

    What is the difference between deductible, co-payment in a health insurance policy

    If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.

    Judge was in hurry, didn't give prosecutor opportunity to oppose Kejriwal's bail: ED to SC

    Kejriwal's bail in a money laundering case faces scrutiny for lack of direct evidence of guilt, amidst allegations of irregularities in the excise policy, triggering a CBI probe.

    Excise Policy case: CBI to produce Arvind Kejriwal before trial court today

    Central Bureau of Investigation examined Delhi CM Arvind Kejriwal in Tihar Jail and recorded his statement related to the Excise Policy case. CBI also got permission for Arvind Kejriwal's production before the concerned trial court. He will be produced before the court today.

    • Broadcasters cannot transfer operations of TV channels to third party, warns MIB

      In an advisory on Tuesday, the ministry directed all permitted broadcasters to follow the policy guidelines in letter and spirit by ensuring that the operations and core functions of the channel are managed by the permission holder only. "Therefore, it is hereby clarified that the letting of the channels to any third party, including the group entities, without the prior permission of the ministry is not allowed as per the existing policy guidelines," the MIB advisory reads.

      Gold gains on dollar retreat, focus on US inflation data

      ​Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked forward to U.S. inflation data due later this week that could offer more clarity on the Federal Reserve's monetary policy.

      Unauthorised transaction due to third party breach: Bank customer has zero liability, says HC

      The Bombay High Court ruled that customers have zero liability for unauthorized transactions caused by third-party breaches, directing Bank of Baroda to refund Rs 76 lakh to Pharma Search Ayurveda Private Limited. The court cited a 2017 RBI circular and the bank’s Consumer Protection Policy, highlighting that the deficiency lay not with the bank or the customer. The petitioners reported the fraud immediately, but the bank ombudsman initially rejected their claim. The court found no negligence by the petitioners and ordered the refund within six weeks.

      H-1B visa holders who moved to Canada on special work permits can now sponsor dependents

      Family members of H-1B visa holders can apply for TRVs and study permits through the IRCC Portal. The Canadian government launched a new work permit program for US H-1B visa holders in 2023, offering opportunities for work and potential residency. The initiative saw overwhelming interest, with all 10,000 permits quickly claimed.

      Delhi excise policy case: SC refuses to grant relief to Manish Sisodia, allows to revive bail plea after final chargesheet filed

      The Supreme Court denied bail to AAP leader Manish Sisodia in the Delhi excise policy scam cases. Bail may be requested after final chargesheet filing by CBI and ED, involving allegations of corruption and money laundering.

      Excise policy case: SC to hear Manish Sisodia's bail pleas on Tuesday

      Aam Aadmi Party (AAP) leader Manish Sisodia has challenged the Delhi High Court's dismissal of his bail pleas in cases related to an alleged liquor policy scam by moving the Supreme Court. Supreme Court's vacation bench will hear his pleas on Tuesday. The high court had described Sisodia's conduct as a betrayal of democratic principles involving misuse of power and destruction of crucial evidence.

      Anxious about 4th June poll results? Hedge your fears & leverage your optimism, doing it is not rocket science

      Till a few weeks back, expectation of the street was very clear that policy continuity post 4th June. But then there was a bout of selling from foreign portfolio investors (FPI) and a narrative got created that they are selling due to polls. First logical question to counter this narrative would be to ask a counter question. Do they have some kind of insider information, the answer is surely no. Probably, just a few weeks back, after remaining in the dumps for years, the Chinese market came back into limelight, because of better than expected GDP numbers. So, there was a bit of movement of money. So, there is narrative and there is counter narrative. So rather than getting into a debate, there is a way to take care of both. The only thing is, a decision has to be made either today or Monday. Given the fact that there is a high level of noise on the street, more than anything else it is time to manage the risk of emotional decision making.

      What are Modi stocks and should you buy them before election results? Here's the full list

      Given the sheer impact that the govt's policies have had on several sectors, investors have begun to categorise stocks that are direct policy plays into a new basket called Modi stocks. These stocks are related to capex and infrastructure-linked sectors, PSUs, or stocks of some corporate houses.

      Improvement in tech, backend processes & team strength needed to achieve IRDA objective: Shweta Rajani

      ​It is welcoming move what IRDA has done because it now means that one within three hours in a normal case the insurance company has to authorize the entire documentation and the claim approval has to go through, not only that they are also emphasising that there should be a 100% claim and any claim rejection by the insurance company would internally need internal explanations and approvals.

      Oil prices little changed as markets look to OPEC+ meeting

      Oil prices in holding pattern ahead of OPEC+ meeting on June 2 to discuss maintaining output cuts. Brent crude contract inches up to $82.23 a barrel in early Asian trading.

      Non-recovery of cash can't be proof there wasn't corruption, says HC while denying bail to Manish Sisodia

      Justice Swarana Kanta Sharma dismissed the bail pleas filed by the former Delhi deputy chief minister in the corruption and money laundering cases lodged by the CBI and ED, respectively, in connection with the alleged liquor scam.

      Excise Policy Case: Delhi HC rejects Manish Sisodia's bail pleas in ED, CBI cases

      The Delhi High Court rejected the bail pleas of former Deputy CM Manish Sisodia in cases related to the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) concerning the excise policy. Earlier today, the judicial custody of Sisodia was extended by Delhi's Rouse Avenue Court until May 31.

      Why did the RBI reject most bids in the bond buyback programme?

      India's sovereign bond market buzzes with the Reserve Bank of India's buyback operation, easing debt repayment pressure and lowering interest costs. The operation injects liquidity into the banking system, influencing monetary policy and interest rate decisions.

      Govt recovers Rs 852 crore under amnesty scheme for exporters

      The government recovered Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation. The scheme, part of the new foreign trade policy, aims to settle default in export obligation by holders of advance and EPCG authorisations. Small exporters in Ludhiana have urged an extension of the scheme.

      In matters concerning liberty of citizens, every single day counts: SC

      The Supreme Court urges prompt decision on Amandeep Singh Dhall's bail plea in a corruption case related to the scrapped Delhi excise policy, highlighting investigations by the CBI and ED, irregularities in policy modifications, and involvement of the 'South Group' until September 2022.

      Delhi HC reserves order on Manish Sisodia's bail plea in excise policy case

      Delhi High Court reserved order on bail plea by AAP leader Manish Sisodia in excise policy case, granting more time for CBI and ED to respond. A lower court had extended judicial custody till May 21. Sisodia has been in custody since February 26, 2023, facing allegations of irregularities in excise policy modifications leading to alleged loss of Rs 144.36 crore to the exchequer.

      Are foreign students taking advantage of UK's graduate visas? Govt-backed review finds no evidence

      A recent report by the Migration Advisory Committee highlights the vital role of international graduates under the UK's Graduate Route visa, benefiting universities and enriching research. Concentrated among top nationalities, this route has seen significant growth, raising concerns about exploitation but overall contributing positively to the higher education sector.

      Excise policy case: Delhi HC grants more time to ED, CBI to file reply on Manish Sisodia's bail petitions

      The Delhi High Court on Wednesday granted more time to the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) to file their replies to the bail pleas filed by Deputy Chief Minister and Aam Aadmi Party leader Manish Sisodia, challenging the trial court order refusing him bail in the excise policy case.

      Banks asked to check mis-selling, safeguard account holders' interest: DFS Secy

      Financial Services Secretary Vivek Joshi emphasized the need for public sector banks to prevent mis-selling of insurance products and safeguard the interests of account holders. The Department of Financial Services has instructed banks to prioritize customer interests amidst complaints of fraudulent practices, especially in selling insurance policies to elderly customers

      Delhi excise 'scam' case: Court extends Manish Sisodia's judicial custody

      Delhi court extends judicial custody of AAP leader Manish Sisodia till March 22 in corruption case related to alleged Delhi excise scam. Defence objects to arguments on framing of charges. CBI and ED allege irregularities in Delhi Excise Policy 2020-21.

      Confederation of International Small Tea Holders' headquarters to shift to India

      The FAO IGG on Tea is the highest global platform for tea wherein all tea-producing and consuming nations deliberate on trends in production, consumption, trade and prices of tea, including regular appraisal of the global market situation and short-term outlook.

      Your debit card may have free life insurance cover without any policy number; Know how to claim it

      Insurance on debit card: Many banks like Kotak Mahindra Bank, Development Bank of Singapore (DBS) India, HDFC Bank, State Bank of India (SBI), ICICI Bank offer an complimentary insurance on debit card provided the cardholder has fulfilled certain conditions. Read here to know how the insurance on debit card mechanism works and how can nominees claim it if the cardholder has died.

      Exporter status certificates to be issued based on available electronic data: Commerce Ministry

      These certificates provide certain privileges, including simplified procedures under foreign trade policy (FTP) and priority custom clearances on a self-declaration basis, exemption from compulsory negotiation of documents through banks, and exemption from filing bank guarantees for FTP schemes. Upon achieving prescribed export performance, status recognition as one, two, three, four and five-star export houses is accorded to the eligible applicants as per their export performance.

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