Articles for author: Market News

“Supreme Court’s ‘Caged Parrot’ Ruling: A High-Profile Bail That Exposes Political Puppet Strings in Delhi’s Corruption Drama!”

The Supreme Court has granted bail to Delhi Chief Minister Arvind Kejriwal, providing significant relief amid ongoing corruption allegations tied to the now-repealed Delhi excise policy from 2021-22. Justices Surya Kant and Ujjal Bhuyan criticized the Central Bureau of Investigation (CBI) for its handling of the case, suggesting that Kejriwal’s arrest seemed to be a ...

September 13, 2024

RBI Governor Shaktikanta Das warns of banking risks from global commercial real estate stress amid rising inflation concerns in India.

Reserve Bank of India Governor Shaktikanta Das has raised concerns about the potential risks banks face due to stress in the global commercial real estate sector. In a recent speech at the Future of Finance Forum in Singapore, he warned that liquidity issues could arise, particularly for banks with high commercial real estate loans. He ...

September 13, 2024

Khattar’s Garbage-Free Dream: Cleaning Up 427 Dumps While Urban India Holds Its Breath for More Than Just Trash Transformations!

Union minister Manohar Lal Khattar recently announced significant progress in India’s efforts to clean up garbage dumping sites. Out of 2,300 identified sites, 427 have been fully cleaned, freeing up 4,500 acres of land. The nationwide initiative, which started in 2021, has seen an increase in solid waste processing from 18% to 73%, currently processing ...

September 13, 2024

SpiceJet’s shareholders approve raising ₹3,000 crore amid financial struggles, grounding of aircraft, and legal battles as shares surge.

SpiceJet has received approval from its shareholders to raise up to Rs 3,000 crore through the issuance of securities. The airline, which is facing significant challenges including financial issues, legal disputes, and a reduced fleet, aims to use these funds to meet its various obligations. In a recent regulatory filing, SpiceJet confirmed that the capital ...

September 13, 2024

Amit Shah’s Security Conference: A Stage for Policymaking or Just Another Political Drama?

Union Home Minister Amit Shah officially opened the two-day National Security Strategies (NSS) Conference 2024 in New Delhi, aimed at tackling emerging national security challenges. The conference has over 750 participants, including top police leadership from states, Union Territories, and various Central Armed Police Forces. It is being conducted in a hybrid format, allowing both ...

September 13, 2024

RITES Ltd, now a prestigious Navratna, reports strong growth with record revenue and robust dividends, emphasizing future-ready strategies.

RITES Ltd, a prominent infrastructure and consultancy firm under the Railway Ministry, recently held its 50th Annual General Meeting where Chairman Rahul Mithal shared the company’s progress. In FY24, RITES recorded a consolidated revenue of Rs 2,539 crore, slightly down from Rs 2,730 crore in FY23. The company achieved its highest-ever consultancy revenue of Rs ...

September 13, 2024

Modi’s Doda Rally: A Last-Ditch Charm Offensive or Genuine Engagement in J&K’s Political Awakening?

Prime Minister Narendra Modi is set to visit Jammu and Kashmir on September 14 for his first election rally in the region since the announcement of Assembly polls. He will address a BJP gathering in Doda district, where voting for eight Assembly seats is scheduled for September 18. This visit is significant as it marks ...

September 13, 2024

Amit Shah renames Port Blair to Sri Vijaya Puram, honoring India’s freedom struggle and shedding colonial legacy.

The Union Home Minister Amit Shah announced the renaming of Port Blair to Sri Vijaya Puram to eliminate colonial influences and honor the Andaman and Nicobar Islands’ significant role in India’s freedom struggle. He emphasized that this new name symbolizes victory and reflects the islands’ rich history, including events like the first unfurling of the ...

September 13, 2024