In the midst of anticipation surrounding the Lok Sabha election results, Union Home Minister Amit Shah offers valuable insights into the intricate relationship between market volatility, electoral events, and the economic agenda of the Modi government. Shah’s recent statements highlight the need to separate market fluctuations from election outcomes while underscoring the administration’s commitment to…
The Supreme Court has turned down his plea for a 7-day extension of interim bail. · This decision implies that Kejriwal must surrender and return to Delhi’s Tihar Jail on June 2. · Kejriwal had initially received interim bail from the Supreme Court on May 10, allowing him to campaign for the 2024 Lok Sabha elections until…
Gautam Adani initiated Preliminary talks to acquire a stake in leading digital payments platform, Paytm. · After successful negotiation and a tangible agreement, Adani Group will enter the dynamic realm of fintech, challenging established players. · Adani Group’s potential investment in Paytm is poised to inject a robust financial impetus into the company, fortifying its resilience against…
The government opted to extend the tenure of Army chief General Manoj Pande by a month, disrupting conventional expectations and fueling speculation within defense circles. · The announcement of General Pande’s extension has injected uncertainty into the succession plan for the Indian Army’s leadership. · Among the senior Army officers believed to be in contention for the…
Major Radhika Sen, who undertook service with the United Nations peacekeeping mission in the Democratic Republic of the Congo, is poised to receive the esteemed 2023 Military Gender Advocate of the Year Award. · The award also acknowledges her endeavors aligned with the objectives of the 2000 Security Council resolution, which seeks to safeguard women and…
WhatsApp Group Scam is on rise in the country · The scam targets individuals with fake stock market investment plans · Victims are lured into groups with promises of high returns In recent months, a troubling surge in online scams has plagued India, leaving thousands of unsuspecting individuals reeling from financial losses and shattered trust. Among the…
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,…
