The anticipation surrounding the Lok Sabha election results has set off a remarkable rally in India’s stock market. · The Sensex stimulated upwards by over 3,500 points and enriched investors by a staggering Rs 26 lakh crore. · Historical trends suggest that market volatility is the norm in the run-up to election results. · In past instances, such…
ICICI didn’t comply with ‘Loans and Advances – Statutory and Other Restrictions’ · ICICI also failed due diligence to assess the feasibility and sustainability · Yes Bank violated regulations related to ‘Customer Service in Banks’ · ICICI Bank’s Rs 1 Crore Penalty, Yes Bank’s Rs 91 Lakh Penalty In a recent development, the Reserve Bank of India (RBI)…
In a recent exclusive interview with news agency ANI, Prime Minister Narendra Modi addressed a plethora of pressing issues, offering valuable insights into his government’s policies and the prevailing political dynamics across various states. From the contentious topic of reservation to the upcoming Lok Sabha Elections and regional concerns like the situation in West Bengal…
Megha Engineering and Infrastructures (MEIL), a significant purchaser of electoral bonds and a key player in India’s infrastructure sector, has set its sights on divesting its city gas distribution business. · Megha Engineering and Infrastructures (MEIL), the Hyderabad-based conglomerate, renowned for its diverse portfolio spanning construction, irrigation, and energy projects. · The decision to offload its subsidiary,…
Hemchand Manjhi, renowned for his expertise in traditional medicine, recently announced his decision to return the Padma Shri award. · In light of the mounting threats and safety concerns for himself and his family, Manjhi has made the difficult decision to return the Padma Shri award. · This move comes in response to escalating threats from Naxalites,…
According to S&P Global’s analysis, the post-election economic landscape is poised for significant developments, contingent upon the electoral outcome. · S&P Global expects inflation to decrease to 5.3% in 2024 · Economic momentum expected to be driven by capital spending. · Sectors like renewables, electronics, and logistics crucial for growth. · A failure to secure a special majority may…
Swati Maliwal broke down while presenting her case against Arvind Kejriwal’s aide Bibhav Kumar, alleging assault at the Delhi CM’s residence. · Bibhav Kumar’s lawyer says no CCTV camera where Swati Maliwal’s alleged assault took place · He claims this was premeditated, she’s ‘dictating all this’. · Maliwal’s legal team countered Kumar’s assertions, highlighting his alleged lack of…
The parents of a 21-month-old boy became inspiring figures for over a billion Indians by donating the organs of their son who was declared brain dead. · The parents of the baby boy, Gouri Shankar Panigrahi and Sharmistha Panigrahi voluntarily expressed their desire to donate organs. · A team of doctors from the AIIMS, Bhubaneswar harvested the…
Pune teen’s blood sample was thrown in dustbin, 2 doctors arrested · With the arrest, additional charges of criminal conspiracy, forgery, and destruction of evidence were added to the accident case. · Police say blood samples were switched to protect the accused minor · DNA tests confirmed blood samples were from two different individuals · The Pune Porsche crash…
Delhi Chief Minister Arvind Kejriwal has petitioned the Supreme Court for a seven-day extension of his interim bail, citing pressing medical reasons. · Kejriwal in his plea, emphasized a significant weight loss of 7 kilograms since his arrest and raised concerns about his elevated ketone levels, indicating a potential serious health issue. · The interim bail, initially…
