NEW DELHI: Govt is looking to introduce at least two bills – including constitutional amendments – in the current session of Parliament to roll out reservation for women of one-third seats in the next Lok Sabha poll and assembly elections to be held after it. The move promises to change the country’s political landscape and…
MUMBAI: Reserve Bank of India said the outlook for prices has shifted due to upside risks, even as data shows sustained resilience of the Indian economy, and warned that a prolonged war would be detrimental to the broader global outlook.According to the State of the Economy report, there was a “drastic deterioration” in the global…
NEW DELHI: Talking in Parliament on Monday about the “unprecedented challenges” being faced by India because of the West Asia conflict, PM Modi underlined the country’s opposition to attacks on citizens and energy and transport infrastructure, and said strikes on commercial ships and obstacles to international trade are unacceptable.Modi said that as far as diplomacy…
MUMBAI: The rupee closed at a record 93.98/$ on Monday, down 35 paise from its previous close of 92.63. In the process, it breached its prior low of 93.73 and briefly slipped past 94 after market hours. Sensing the impact of the West Asia conflict on the Indian economy through inflation, growth and current account…
NEW DELHI: Two Indian-flagged LPG tankers, carrying around 92,600 tonne of cooking gas, crossed the war-hit Strait of Hormuz on Monday evening. The ships – Jag Vasant and Pine Gas – are likely to reach ports between Thursday and Saturday, the shipping ministry said.With this, four Indian-flagged vessels have sailed through the conflict-hit choke point…
NEW DELHI: Finance and corporate affairs minister Nirmala Sitharaman on Monday introduced fresh amendments to the Companies Act, which seeks to decriminalise several procedural defaults, provide flexibility in buyback of shares and recognise new instruments for executive compensation.The bill, which has been referred to a joint Parliamentary committee for examination, provides for allowing restricted stock…
Shedeur Sanders’ Cleveland Browns tied to $91 million Philadelphia Eagles WR (Image via Getty: Cleveland Browns logo and Philadelphia Eagles logo) Sports Illustrated’s Nick Pedone reports the only thing worse than Cleveland Browns wide receiver Jerry Jeudy’s attitude last season was his production on the gridiron.The 26-year-old wideout recorded 50 receptions for 602 receiving yards…
MUMBAI: The board of markets regulator Sebi on Monday approved some major changes to the disclosure rules governing the chairman, whole time members (WTMs) and other senior officials of the body. These changes, including public disclosure of their own assets and liabilities, and of their family members, were mostly based on the recommendations of the…
Elliotte Friedman reveals decision about Boston Bruins signing James Hagens (Image via: Getty Images) As the Boston Bruins are facing an unexpected decision regarding signing one of the top prospect James Hagens, NHL Insider Elliotte Friedman has just dropped a hint at the possible decision about the young player’s potential signing. The Insider has added…
MUMBAI: Tuhin Kanta Pandey, chairman, Sebi on Monday said that independent directors are expected to act responsibly, not make insinuations and keep things vague. The chief markets regulator’s comments came in the context of the recent resignation of Atanu Chakraborty as non-executive chairman of HDFC Bank, the largest private sector lender in the country.The markets…