Centre defends decision not to cancel NEET exam due to lack of evidence of widespread breach. CBI investigates reported paper leaks and cheating. Supreme Court to hear pleas on July 8 regarding alleged irregularities. NTA faces criticism and demands for disbandment. Some candidates face retest.
The Indian rupee closed nearly unchanged on Friday as importer dollar demand weighed on the currency, even though most of its Asian peers gained ahead of the release of closely watched U.S. jobs data later in the day.
HDFC Bank has been allocated approximately 1.58 lakh shares worth Rs 3 crore at Rs 190 each in the anchor round of the Ganesh Green Bharath IPO, which opened for subscription recently. Other notable investors in the anchor round include Copthall Mauritius Investment, India Equity Fund, and Craft Emerging Market Fund.
Angel tax refers to the income tax levied by the government on funding raised by unlisted companies, or startups, if their valuation exceeds the company's fair market value. Angel tax was first introduced in the 2012 Union Budget by then finance minister Pranab Mukherjee under the UPA-II regime to arrest the laundering of funds.
The Nifty Realty index closed 0.03 per cent down at 1119.15.
The company is in discussions with banks for the issuance, the people said, asking not to be named because the details are private. Funds from the bond sale will be used to refinance debt raised earlier to pay for an acquisition, with the terms yet to be finalized, they said.
The 30-stock S&P BSE ended with minor declines at 79,996.60, losing 53.07 points or 0.07%. Meanwhile, the broader Nifty closed with 21 points or 0.09% gains at 24,323.85.
Union Minister H D Kumaraswamy has accused the Mysuru Urban Development Authority (MUDA) of a land scam resulting from a power struggle between Chief Minister Siddaramaiah and his deputy D K Shivakumar. Kumaraswamy claims the scandal was a conspiracy to unseat Siddaramaiah by hiring lawyers and extracting documents from MUDA. The BJP has alleged irregularities in allotment of alternative sites to land losers, including Siddaramaiah's wife Parvathi, by MUDA.
The private lender announced a 15% increase in loans and advances for the first quarter of the 2024 fiscal year, ending in June. The company's loan portfolio reached Rs 2.29 lakh crore during this period, a significant rise from Rs 2 lakh crore in the same quarter of the previous year, according to a regulatory filing released on Tuesday.
Realme announced a partnership with Sony to launch the Realme 13 Pro Series 5G, featuring the world’s first Sony LYT-701 camera sensor and AI-imaging technology. Unveiled in Bangkok, this collaboration aims to revolutionize mobile photography with advanced AI and innovative camera hardware. The official launch dates for India and other markets will be revealed later.
PM Modi will visit Moscow, Russia, aiming for the early discharge of Indian nationals from the Russian Army, as per Foreign Secretary Vinay Kwatra. He will attend the 22nd India-Russia Annual Summit with Vladimir Putin on July 8-9, 2024, discussing multifaceted relations and contemporary issues. Later, Modi will visit Austria from July 9-10.
The Supreme Court is scheduled to consider on July 10 a batch of pleas seeking review of its last year's judgement which refused to accord legal recognition to same-sex marriage. According to the cause list of July 10 uploaded on the apex court website, a five-judge bench headed by Chief Justice D Y Chandrachud would consider in-chamber the pleas seeking review of the October 17 last year verdict.
Indian Institute of Technology (IIT) Mandi is launching Masters of Science and PhD programmes in music and musopathy, open to full-time and part-time candidates. The programmes, which can be pursued live, online, or in a hybrid format, aim to explore the science of Indian music and its therapeutic value for holistic well-being. The research-based programmes are aimed at producing highly skilled professionals and researchers who can contribute to the development and understanding of music and its beneficial impacts on individuals and society.
Yes, there were challenges in diagnostic industry of a different nature in early 2000. There were no automations available adequately. Before year 2000 there were only two-three automations in the country and by another 10 years it became 500, another 10 years it has become literally 5,000.
Radhika Gupta advises investors to avoid narrow theme based funds and opt for diversified 'dal-chawal' funds like balanced advantage and aggressive hybrid mutual funds. She shares insights on sector rotation and the challenges of predicting sector outcomes. Users discuss the benefits of active vs passive investing.
"It is essential for these foreign nationals visiting India for organ transplant to understand the specific guidelines and legal requirements that regulate the process of organ transplantation in India," Chandra said in the letter addressed to Union Home Secretary Ajay Kumar Bhalla and Union Foreign Secretary Vinay Mohan Kwatra on June 19.
Nvidia will assist in training the faculty of Thapar School of Advanced AI & Data Science, offering guidance on curriculum enhancements. Additionally, it will provide access to its accelerated computing platforms for research purposes and support qualifying AI startups incubated at TIET through its inception programme.
Punjab Shiv Sena leader Sandeep Thapar, descendant of martyr Sukhdev Thapar, was attacked by Nihangs with swords outside Ludhiana Civil Hospital despite police protection. Rajiv Tandon, Shiv Sena Punjab President, reported Thapar was assaulted after attending a memorial function. Perpetrators fled; Thapar was hospitalized. Shiv Sena leaders protested at both hospitals, criticizing police response.
Prime Minister Narendra Modi on Friday congratulated Labour Party leader Keir Starmer on his party's landslide win in the UK general elections and said he looked forward to their positive and constructive collaboration to further strengthen the India-UK comprehensive strategic partnership.
The Uttar Pradesh government's SIT probing the Hathras stampede has recorded 90 statements so far, the panel's chief Anupam Kulshrestha said on Friday. Kulshrestha, also the Additional Director General of Police (Agra Zone), is leading the three-member Special Investigation Team (SIT) preparing a detailed report on the stampede that claimed 121 lives after a satsang here on July 2.
Social media is rife with claims that the wife of Mark Elliot Kingdon, the man on whom the spotlight fell following Sebi's revelations, has had ties with the Chinese Communist Party and thus China could be another actor in the Hindenburg saga.
After 14 years in government - the last eight marked by chaos and divisions following the Brexit vote - the Conservatives are now confronted by an internal struggle among lawmakers, grassroots members and donors over whether to move further to the right or turn back to the centre.
Rishi Sunak will resign as prime minister and Conservative leader after Labour's decisive win. Announcing this outside Downing Street, he acknowledged voter disappointment, responsibility, and the effort of all candidates. Sunak will meet King Charles to formally resign on Friday, noting the clear signal for change and the efforts deserved.
Vehicle registrations in June were nearly flat, up just 0.73% from the previous year, with 1,895,552 units registered. Extreme heatwaves and delayed monsoons dampened retail sales, notably impacting two-wheelers and passenger vehicles. Despite optimistic forecasts for the monsoon season, the auto industry faces challenges, including high inventory levels and subdued market sentiment.