The Delhi High Court denied bail to BRS leader K Kavitha in two cases related to the alleged Delhi Excise Policy 2021-22 scam, stating that she was prima facie a key conspirator…
02/07/20241 min read
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The Delhi High Court denied bail to BRS leader K Kavitha in two cases related to the alleged Delhi Excise Policy 2021-22 scam, stating that she was prima facie a key conspirator…
ICICI Lombard has launched an AI-powered health insurance plan called "Elevate," offering extensive coverage and flexibility. A standout feature of this plan is the “Infinite…
Indian insurance companies are seeking several tax exemptions in the upcoming Union Budget to boost the appeal and affordability of insurance products and increase nationwide…
On July 2, 2024, Zomato announced that its subsidiary, Zomato Financial Services Limited ZFCL , has decided to voluntarily withdraw its application to operate as a non-banking…
Newly appointed CBDT Chairman Ravi Agrawal, who took charge on Monday, has issued a directive to Income Tax Department officials, emphasizing the significance of their decisions…
A non-resident Indian NRI is an Indian passport holder living abroad for employment or business, and who resides in India for less than 182 days a year. As per the Income Tax Act,…
The Reserve Bank of India is liberalising foreign exchange policies under FEMA, 1999, to streamline export and import regulations, as announced in the June 2024 Statement on…
Banking stocks remained under pressure, with the Nifty Bank index down nearly 1% on the NSE following a "show-cause notice" issued by Sebi to Hindenburg Research on June 27, 2024.…
The equity benchmarks ended flat as early gains fizzled, with profit booking after record highs led by banking and FMCG stocks, while IT stocks remained strong. Investors focus on…
Suresh Ganapathy, a banking analyst at Macquarie Capital Securities, has a 'buy' recommendation on HDFC Bank, expecting its potential MSCI index inclusion in August to drive $4 to…
Shares of CSB Bank surged up to 7.2% to Rs 402 per share on the BSE following a 17.8% year-on-year growth in gross advances to Rs 25,099 crore in Q1FY25. Total deposits increased…
The first FIR under the Bharatiya Nyaya Sanhita BNS 2023 was lodged at Rehra police station in Amroha, Uttar Pradesh, for causing death due to negligence. Replacing colonial-era…
The Delhi High Court asked the CBI to respond to Chief Minister Arvind Kejriwal's plea challenging his arrest in a corruption case related to the excise policy 'scam.' Justice…
The Indian mobile industry is advocating for a rationalisation of Customs duty to boost exports and enhance global competitiveness. The industry suggests that reducing tariffs…
According to a Moneycontrol analysis, Madhya Pradesh and Maharashtra have experienced the highest gains in tax buoyancy since the introduction of GST in 2017. Madhya Pradesh’s tax…
As India marks the 7th anniversary of the Goods and Services Tax GST regime, June 2024’s GST collections of ₹1.74 lakh crore show only a 7.7% growth, the slowest increase in three…
Karnataka Chief Minister Siddaramaiah, speaking at the GST Day programme, emphasized the need for fair distribution of tax proceeds between the Centre and States, claiming that…
B2B healthtech platform Watch Your Health has raised $5 million from Cornerstone Ventures and Conquest Global to expand its operations and grow its user base both in India and…
Markets watchdog SEBI has proposed a relaxed regulatory framework for passively managed mutual fund MF schemes to reduce compliance requirements and lower costs for launching…
In Pune, the Bombay High Court granted bail to a teenager accused in a Porsche accident case that resulted in the death of his father and grandfather. The teenager had earlier…
In a recent development, the Jammu and Kashmir High Court has mandated the immediate consideration of bail petitions on their first hearing date, emphasizing efficient case…
Minister of State for Law, Arjun Ram Meghwal's views on criminal laws, emphasizing justice over mere punishment. He argues for laws that protect the innocent while ensuring…
The Calcutta High Court has directed Punjab National Bank PNB to pay ₹3 lakh as costs for inhuman conduct towards a bank official with a disability. The court found that PNB had…
The Allahabad High Court has directed the Uttar Pradesh government to establish dedicated legal teams to prevent delays in filing appeals. The court emphasized the need for prompt…
In a recent ruling, the Madras High Court prohibited lawyers from using military or governmental prefixes like Lt. Colonel or MP in court documents. The decision emphasized that…
The Delhi Court has granted parole to Engineer Rashid, allowing him to take oath as the MP for Baramulla. Rashid, who faces several charges including funding terror, sought parole…
The Kerala High Court has directed the state government to explore alternatives to avoid disrupting pedestrians and motorists during construction on national highways. The court…
The Bihar government has approached the Supreme Court challenging the Patna High Court's decision to annul a law providing 65% reservation in government jobs and educational…
The Punjab and Haryana High Court has requested the state government to justify the arrest of a journalist, questioning the legality of the action. The journalist was detained for…
The Karnataka High Court has overturned an NCLT stay on Byju's second rights issue, citing procedural irregularities. Byju's sought to issue additional shares to raise funds, but…
The Supreme Court granted bail to a murder accused who spent six years in jail awaiting trial due to repeated delays. The accused had appealed against the lower court's denial of…
The Mumbai court has issued a non-bailable warrant against Vijay Mallya, the fugitive businessman accused of financial irregularities. Mallya, who fled to the UK in 2016, faces…
In a recent decision, the Madras High Court emphasized on preventing misuse of advocate stickers on cars to evade police scrutiny. The court asserted that possessing an advocate…
The National Consumer Disputes Redressal Commission NCDRC has restored an order directing Airtel to compensate an army man who lost ₹2.87 lakh in a SIM swap scam. The soldier’s…
The plea challenging Rahul Gandhi's election from Wayanad constituency has been withdrawn from the Allahabad High Court. The petitioner, Dharam Pal Singh, cited personal reasons…
The Telangana High Court dismissed a plea by former Chief Minister K. Chandrashekar Rao challenging the state government's authority to conduct inquiries into power purchase…
The Kerala High Court ruled that the Enforcement Directorate ED cannot seize assets under the Prevention of Money Laundering Act PMLA if they are not linked to money laundering…
The Rajasthan High Court has taken suo motu cognizance of food adulteration issues in the state, highlighting concerns over public health and safety. The court directed the Food…
The Finance Ministry marks 7 years of GST implementation, highlighting tax relief on household goods. The Goods and Services Tax GST has significantly rationalized indirect…
Zomato, a leading food delivery platform, is facing a GST demand notice amounting to Rs. 9.45 crore. The notice alleges discrepancies in the company's tax filings for the…
The Allahabad High Court has entertained a plea seeking an Archaeological Survey of India ASI survey of the 'Wuzukhana' area in the Gyanvapi mosque complex, Varanasi, as part of…
In a recent judgment, the Chhattisgarh High Court clarified the procedure under Section 52A of the NDPS Act regarding seizure and sampling of narcotic drugs. The court emphasized…
The Orissa High Court ruled on the jurisdiction of consumer commissions concerning disputes under the SARFAESI Act, clarifying that such commissions lack authority in matters…
The Madras High Court recently addressed a petition challenging police action against vehicles with sun control films bearing stickers claiming compliance with legal requirements.…
The Karnataka High Court denied bail to Devarajegowda, accused in the Prajwal Revanna sex scandal involving obscene videos. The court emphasized the seriousness of the offense and…
The Karnataka High Court is hearing an appeal by Kannada news channel Power TV against a broadcasting ban imposed on it. The channel was banned for allegedly airing defamatory…
The Allahabad High Court has noted a significant increase in criminal cases filed by the SC/ST community, attributing it to greater awareness of their rights and the duties of law…
The Meghalaya High Court, in a recent judgment, deliberated on the scope of Section 482 of the CrPC concerning the quashing of FIRs. The court ruled that the forgiveness of a rape…
The Madhya Pradesh High Court ruled on the jurisdiction of the Waqf Tribunal in property title disputes under the Waqf Act. The court clarified that the Waqf Tribunal has…
In a recent decision, the Chhattisgarh High Court upheld a conviction under Section 364A of the IPC, ruling that proof of abduction and ransom demand, coupled with a threat to…
The Delhi High Court denied bail to BRS leader K Kavitha in two cases related to the alleged Delhi Excise Policy 2021-22 scam, stating that she was prima facie a key conspirator…
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