In 2023, India's average cost of a data breach rose to $2.18 million, marking a 28% increase from 2020. This surge reflects growing cybersecurity threats and the rising expenses…
29/07/20241 min read
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In 2023, India's average cost of a data breach rose to $2.18 million, marking a 28% increase from 2020. This surge reflects growing cybersecurity threats and the rising expenses…
The Karnataka Authority for Advance Rulings AAR has determined that GST exemption notifications do not apply to research and development services provided to the agrochemical…
The Gauhati High Court ruled that property possession should be granted to the individual who has paid the property tax and cleared electricity dues. The court emphasized that…
A consumer court ordered a restaurant in Chennai to pay ₹35,000 in compensation for not delivering pickle with meals and failing to issue a bill. The complainant, a lawyer, had…
UltraTech Cement's acquisition of a 23% stake in India Cements for ₹1,900 crore is not expected to face anti-trust issues. The deal aligns with UltraTech's strategy to enhance its…
Manoj Mittal has been appointed as the Chairman and Managing Director CMD of the Small Industries Development Bank of India SIDBI . Recommended by the Financial Services…
ICICI Bank has made significant strides in managing its financial health, as highlighted in their recent report. The bank's retail deposit growth remained strong, and it…
State Bank of India Chairman Dinesh Kumar Khara discusses the 2024 Union Budget, emphasizing its focus on inclusive growth. Key areas include employment, MSMEs, agriculture, and…
Public sector banks PSBs may receive a two-year extension to meet SEBI's minimum public shareholding MPS norm of 25%. Currently, five out of twelve PSBs do not comply, with…
Finance Minister Nirmala Sitharaman announced a new rule requiring companies to pay MSMEs within 45 days to ensure timely payments. This regulation, effective from April 1, 2024,…
The Reserve Bank of India RBI has selected five entities for its regulatory sandbox scheme to enhance MSME lending. These entities include New Street Technologies, Rupifi…
LIC shares reached a 52-week high of Rs 1,087 on BSE, gaining 20.35% in the past month and 6.13% over the last five sessions. The stock price is above several key moving averages.…
Indian banks are increasingly deploying technology to combat mule accounts, which are used for laundering money and executing fraudulent transactions. They are implementing…
Hyundai's planned $3 billion IPO for its Indian unit could significantly impact Tesla's entry into the Indian EV market. The IPO, which could value Hyundai Motor India at around…
The combined market valuation of six of the top ten valued companies surged by Rs 1,85,186.51 crore last week, driven by gains in companies such as Infosys and LIC. Infosys added…
A Delhi court has issued summons to Aroon Purie, the Editor-in-Chief of India Today, and other magazine staff in a defamation case filed by Senior Advocate Pradeep Rai. The case…
The Allahabad High Court has requested the State's response to a plea for closing a wine shop near Shravan Shram Mandir in Ayodhya during the Shravan month. The petitioner claims…
A District Consumer Disputes Redressal Commission in Uttar Pradesh ordered Nykaa to pay ₹4,000 as compensation to a customer for delivering a defective product. The customer had…
The Supreme Court of India granted bail to Ashutosh Garg, accused of a ₹1,032 crore tax fraud involving 294 fake firms and fake invoices under the GST Act. Despite the Rajasthan…
The Supreme Court dismissed Kalanithi Maran's plea, upholding the Delhi High Court Division Bench's decision to overturn a single-judge order directing SpiceJet to refund ₹270…
The Allahabad High Court dismissed a PIL challenging the government's decision to observe June 25 as 'Samvidhaan Hatya Divas' to commemorate the excesses of the 1975 Emergency.…
The Karnataka High Court has directed the central government to amend the BNSS rules to ensure that medical examinations of female rape victims are conducted by female doctors.…
The Supreme Court of India will decide if mining operators need to pay GST or Service Tax on royalties paid to the government. This follows a recent ruling that royalty is not a…
The Kerala High Court quashed a POCSO and rape case after finding that the victim, now happily married to the accused, wished to nullify the charges. The couple, who got married…
The Allahabad High Court ruled that parents' property cannot be attached in cases where their children, accused of crimes, abscond. The court emphasized that penal laws do not…
The Supreme Court of India criticized the conditions at Assam’s Matia detention centre, highlighting the lack of water, sanitation, food, and medical facilities. Built at ₹64…
The Jammu & Kashmir and Ladakh High Court has ordered a strict crackdown on the unauthorized use of red beacons and sirens by bureaucrats and judicial officers. A division bench…
The Allahabad High Court directed authorities to assist a woman who missed a competitive exam due to adverse weather and a scooter puncture. The court was approached by the woman…
The Kerala High Court has conditionally accepted apologies from 28 lawyers who were involved in shouting slogans inside a Kottayam Magistrate Court. This incident occurred during…
The Delhi High Court ruled that pregnancy is not a sickness and cannot be a valid reason to deny public employment. The case involved a woman who was denied a position as a civil…
The Supreme Court expedited the hearing of Sanjiv Chaturvedi's plea seeking information from the PMO on corruption complaints against Union Ministers and the amount of black money…
Chief Justice of India DY Chandrachud highlighted the need to abandon ableist perspectives for the equal participation of persons with disabilities. Speaking at the India…
Justice B.V. Nagarathna dissented from the Supreme Court's majority ruling that royalty under the MMDR Act is not a tax. She argued that treating royalty as a non-tax would enable…
The Supreme Court of India will decide if Goods and Services Tax GST or Service Tax applies to mining royalties. A bench led by Chief Justice DY Chandrachud has scheduled the…
The Supreme Court has transferred all cases concerning the Cable TV Rules Amendment, 2021, to the Delhi High Court. The bench, comprising Justices Sanjay Kishan Kaul and Sudhanshu…
Maneka Gandhi has filed a petition in the Allahabad High Court challenging the election of Samajwadi Party MP Ram Bhuwal Nishad from Sultanpur. Nishad defeated Gandhi by over…
The Rajasthan High Court denied relief to two candidates who were excluded from a public employment selection process for incorrectly filling out their OMR sheets. The Court…
The Calcutta High Court emphasized the necessity of enhancing forensic science capabilities to effectively implement Bharatiya Nagarik Suraksha Sanhita BNSS provisions. Justices…
The Himachal Pradesh High Court has mandated tourists to carry garbage bags in their vehicles to address waste management issues and environmental degradation. The court…
The Rajasthan High Court overturned an Additional Sessions Judge's decision that denied a request for a forensic report on a weapon and blood-stained clothes in an attempted…
The Allahabad High Court ruled that police stations are unsuitable for child visitation, emphasizing that such environments could add emotional stress to children already affected…
The Allahabad High Court ruled that an employee cannot be forced to retire before their recorded retirement date unless their date of birth is officially changed in the service…
Punjab National Bank PNB recorded its highest-ever quarterly standalone profit of ₹3,252 crores in Q1 FY25, driven by a reduction in bad loans and an increase in interest income.…
The proposed amendments to Section 276B of the Income Tax Act aim to rationalize prosecution for delayed tax payments. Currently, failure to pay tax deducted at source TDS can…
The Jammu and Kashmir High Court has sought clarification from the JK government regarding the issuance of Scheduled Tribe ST certificates. The court emphasized the need for…
The Allahabad High Court ruled that a family pension cannot be denied due to discrepancies in the format of a medical certificate. The case involved a widow whose claim for a…
The Kerala High Court ordered 28 lawyers from the Kottayam Bar Association to provide legal aid services for six months as a disciplinary action for their protest against the…
The Allahabad High Court has ruled that a ward boy working in an OPD is eligible for the Pradhan Mantri Garib Kalyan Package PMGKP . This decision came in response to a petition…
The Delhi High Court has directed the Central Bureau of Investigation CBI to investigate a litigant who repeatedly filed petitions claiming unauthorized constructions. The court…
The Delhi High Court ruled that issuing non-bailable warrants NBW under Section 73 CrPC for police investigation is illegal, as they can only be issued to produce the accused…
In 2023, India's average cost of a data breach rose to $2.18 million, marking a 28% increase from 2020. This surge reflects growing cybersecurity threats and the rising expenses…
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