City Sanjay Financial News

17.12 / 15:53
markets Strategy Software WhatsApp Schools Courts Interviews Goa CM's wife files Rs 100 cr defamation suit against AAP leader Sanjay Singh; court issues notice
Singh, a Rajya Sabha member, had recently addressed a press conference in Delhi where he allegedly made allegations against Sulakshana Sawant, the wife of CM Pramod Sawant. Sulakshana Sawant filed a complaint in the civil court at Bicholim in north Goa. The ad-hoc civil judge heard the suit and issued a notice to Sanjay Singh, returnable on January 10, 2025.
15.12 / 11:29
Provident Target Booking community show reports politician Growth blame game: Why lay a deeper economic malaise at RBI’s door?
Subscribe to enjoy similar stories. Chapter 16 in the Book of Leviticus, Old Testament, enjoins Aaron (brother of Moses) to organize sacrifices and expiate the sins of all Israelites. The process involves, over and above the ritual sacrifice of a bull and a ram, the community of Israelites providing Aaron with a goat; Aaron is supposed to lay both his hands over the goat’s head and confess to all the sins of Israelites.
15.12 / 09:03
Citi Career film Photos classical Features Videos Kareena Kapoor attempts to calm a stressed-out Alia Bhatt at Raj Kapoor Film Festival, video goes viral
Alia Bhatt, who recently hosted a film festival in honour of Bollywood showman Raj Kapoor’s 100th birth anniversary, was seen looking stressed in a video. The clip captured a heartwarming moment where sister-in-law Kareena Kapoor Khan encouraged and comforted her. The RK Film Festival, organized by PVR INOX Limited and the Film Heritage Foundation, honored Raj Kapoor’s enduring cinematic legacy. The three-day event began with a grand opening night, featuring screenings of Kapoor’s classics like Awaara, Shree 420, and Mera Naam Joker in select theatres across 40 cities. Showcasing 10 of Raj Kapoor’s most iconic films, the festival spans nearly four decades of his illustrious career. The lineup includes Aag (1948), Barsaat (1949), Awaara (1951), Shree 420 (1955), Jagte Raho (1956), Jis Desh Mein Ganga Behti Hai (1960), Sangam (1964), Mera Naam Joker (1970), Bobby (1973), and Ram Teri Ganga Maili (1985).
15.12 / 07:07
Sustainability WhatsApp hospital Investigations BEST bus accident: Motorcyclist gets run over in Mumbai
The bus was heading towards the Kurla bus depot from Shivaji Nagar when the victim's two-wheeler came in contact with one of the rear tyres of the bus, and he got run over, the official said. The victim, Dikshit Vinod Rajput, sustained a severe head injury and was rushed to the Rajawadi Hospital, where the doctors declared him dead before admission, he said.
15.12 / 07:07
Software Sustainability RAI country reports Relationships "Never does what he says...": Sanjay Raut on PM Modi's zero tolerance towards corruption
Shiv Sena (UBT) MP Sanjay Raut on Sunday launched a scathing attack on Prime Minister Narendra Modi's speech in Lok Sabha, where he emphasized zero tolerance towards corruption. Raut questioned PM Modi's sincerity, pointing out the presence of allegedly corrupt leaders within the BJP, such as Ajit Pawar and Eknath Shinde. Raut's criticism also extended to PM Modi's relationship with business magnate Gautam Adani, implying that the Prime Minister's tolerance of Adundermines his claims of zero tolerance towards corruption.
14.12 / 06:57
markets Digital Strategy Software Election electronic Construct EVM temple: Sanjay Raut takes dig at Mahayuti
Shiv Sena (Uddhav Balasaheb Thackeray) leader Sanjay Raut on Saturday took a dig at Bharatiya Janata Party (BJP)-led Mahayuti alliance in Maharashtra, saying that they should take out a procession of Electronic Voting Machines (EVMs) and take the decision to construct an EVM temple. He said that during the first cabinet meeting, they should announce the construction of an EVM temple in front of the Rashtriya Swayamsevak Sangh (RSS) headquarters in Nagpur. First of all, the procession of the Chief Minister will be taken out there (in Nagpur). I think that before taking out the procession of the CM, they should take out a procession of EVMs and in the first cabinet they should make a decision to construct a temple of EVMs in front of RSS Headquarters," Raut said in a press conference here.
13.12 / 16:01
UPS Software Justice reports Equality Courts Videos 'Media shouldn't exaggerate': SC irked over news reports on hearing over 'VIP' visits at temples
A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar last heard the plea filed by one Vijay Kishor Goswami on the issue on October 25 and made certain observations. «Last time whatever happened in the court was completely misrepresented in the media...completely misrepresented,» the CJI said.
13.12 / 13:35
Trade Justice country Courts Investigations Pharmaceuticals Danish court sentences British hedge fund trader to 12 years over massive tax fraud
A Danish court has sentenced a British hedge fund trader to 12 years in prison in connection with what authorities say was a 9 billion kroner ($1.3 billion) tax fraud, Danish justice officials confirmed
13.12 / 06:49
markets Digital Strategy Software Experts reports Courts AAP MP Sanjay Singh moves suspension of Business Notice in RS to discuss Manipur situation
Sanjay Singh on Friday gave a suspension of business notice to discuss the Manipur situation in Rajya Sabha. Singh in his notice highlighted the 19-month-long «ethnic violence» in Manipur which resulted in the burning of hundreds of houses, the killing of innocent people and the displacement of thousands of families. «Respected Sir, the ethnic violence in Manipur for the last 19 months has exposed the failure of law and order in the State and the Government's negligence towards the safety of women. Hundreds of houses were burnt, many innocent people were killed, and thousands of families were displaced in this violence that started in May 2023. Women and children bore the brunt of this crisis,» Singh said in the notice.
12.12 / 17:55
Provident Target Career economy Food wellness Inside For now, not much elbow room for RBI
interest rate cut at RBI's next review meeting in February. Career bureaucrats, the conventional wisdom goes, tend to be more amenable to the gov's view early in their tenure as central bankers. But, eventually, the institutional authority exerts itself in a more autonomous approach.
12.12 / 13:21
markets security Strategy Software Food Schools Videos WayCool cofounder Sanjay Dasari exits after decade-long stint
Sanjay Dasari, cofounder of agritech startup WayCool, which focuses on agriculture supply chain and branded farm and food products, has stepped down after nearly a decade with the company. He will, however, continue in an advisory role. “After 9.5 incredible years building WayCool, it’s time for me to take the final step in the founder’s journey—an exit,” he said in a LinkedIn post on Wednesday. “I’ll still be involved with WayCool in an advisory role, supporting strategic projects and fundraising efforts, but I'm stepping back from the day-to-day (sic) of the company I founded and the only job I've ever known,” he added.
12.12 / 03:35
markets Digital Software Experts Justice PAM Courts Supreme Court to hear pleas challenging Places of Worship Act-1991 today
Supreme Court is set to hear a series of Public Interest Litigations (PILs) today, challenging the validity of specific sections of the Places of Worship (Special Provisions) Act, 1991. This law prohibits filing lawsuits to reclaim or alter the character of places of worship as they stood on August 15, 1947. The matter will be taken up by a three-judge bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan.
11.12 / 16:37
markets BLOCK Digital Software Experts Courts Coal scam: Delhi court acquits ex-coal secretary, others
coal scam case related to allocation of two coal blocs in Odisha. Besides Gupta, special judge Sanjay Bansal acquitted Navabharat Power Pvt. Ltd., its then chairman P Trivikrama Prasad and then managing director Y Harish Chandra Prasad, and former joint secretary in coal ministry K S Kropha, and K C Samaria, former director in coal allocation section of the ministry. The judge held the CBI had failed to prove beyond any reasonable doubt that any «misrepresentation» was made by the accused. The judge further said no case of cheating was made out as no one was induced.
11.12 / 11:05
markets Waters Software Sustainability community biodiversity American Express launches Program Vasundhara in Bengaluru & Gurugram for environmental sustainability
This programme will support India’s climate and sustainability goals by empowering local communities, restoring ecosystems, and fostering sustainable development practices in collaboration with Safe Water Network, the company said in a statement. Program Vasundhara’s will prioritize water resource management, sustainable agriculture, biodiversity conservation, and renewable energy across the two cities. In Bengaluru, around the Aivarakhandapura Lake, Program Vasundhara is building an 18-million-liter rainwater harvesting structure to boost local water availability and reduce dependency on external sources. This is a crucial step in addressing local water challenges while fostering resilience in the community.
11.12 / 10:23
markets UPS Digital Software awards Experts RBI's new governor Malhotra holds first press conference after taking charge, says will be ‘alert and agile’...
Reserve Bank of India governor during his first press conference on Wednesday emphasized the need to remain alert and agile in a constantly changing world marked by geopolitical tensions. Malhotra assumed office as the 26th Governor of the Reserve Bank of India earlier today, succeeding his role as the former Revenue Secretary. He will serve a three-year term as the head of India's central bank. Malhotra succeeds Shaktikanta Das who completed his term as the RBI chief on Tuesday.
11.12 / 00:25
markets Action Analysis economy trends Trade Experts What will be the new Governors’ first rate call?
Reserve Bank of India (RBI) governors have, in the past, acted according to the prevailing economic conditions and the monetary policy objectives in their first policy review. Y V Reddy and Duvvuri Subbarao had kept policy rates unchanged in their first policy review, while Urjit Patel and Shaktikanta Das had reduced rates in their first policy actions.
10.12 / 11:31
markets Strategy Software Enterprise Experts PAM Department budget 2025 Ahead of Budget 2025, revenue secretary Sanjay Malhotra's transfer to RBI leaves key position vacant
Sanjay Malhotra from the Ministry of Finance in New Delhi to the Reserve Bank of India in Mumbai has left a key position vacant, just seven weeks before Finance Minister Nirmala Sitharaman is set to present the Union Budget. This development poses a unique challenge as the government has yet to announce Malhotra's successor for a role that demands extensive expertise in both direct and indirect taxation. Historically, the government has refrained from extending terms of finance officials even in the crucial lead-up to the budget. The vacancy now highlights the delicate balance required to ensure seamless coordination within the finance ministry, which comprises six departments—Revenue, Expenditure, Economic Affairs, Financial Services, DIPAM, and Public Enterprises. Of these, Revenue, Expenditure, and Economic Affairs play critical roles in shaping the Union Budget. This year's scenario is further complicated by recent changes in leadership. DIPAM Secretary Tuhin Kanta Pandey, now serving as the Finance Secretary due to his seniority, is juggling multiple responsibilities, including overseeing the Department of Public Enterprises and the Department of Personnel. For Expenditure Secretary Manoj Govil and Financial Services Secretary M. Nagaraju, the upcoming budget will be their first experience in such a high-stakes exercise.
10.12 / 11:11
markets security Software Experts Justice hospital reports RG Kar case: Suggestions on security, safety of med professionals to be shared with NTF, says SC
gender-based violence and developing safety protocols for doctors and medical staff at hospitals with the court-appointed national task force. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar said the NTF will file its report within 12 weeks from Tuesday for its consideration. The top court constituted the NTF on August 20 to formulate a protocol for ensuring safety and security of medical professionals in the wake of the rape and murder of a doctor at RG Kar Medical College and Hospital in Kolkata. While hearing the suo motu case on Tuesday, the CJI said the case would be next heard in the week commencing March 17, 2025, but suggested the parties could seek an earlier hearing if the rape and murder trial of the case was delayed.
09.12 / 19:51
markets Career economy awards Universities Department Revenue Secretary Sanjay Malhotra to be RBI Governor
Indian Administrative Services (IAS) officer Sanjay Malhotra as the next governor of the Reserve Bank of India (RBI) for a three-year term, succeeding Shaktikanta Das, whose tenure ends Tuesday. Malhotra takes over at a time of high inflation and slowing growth amid calls for rate cuts to bolster the economy. The IAS officer, currently secretary, department of revenue, is from the 1990 batch and belongs to the Rajasthan cadre. «The Appointments Committee of the Cabinet has approved the appointment of Sanjay Malhotra as governor, RBI, for a period of three years starting from December 11, 2024,» the government announced Monday. The department of financial services in the finance ministry later issued a notification on Malhotra's appointment by the central government.
09.12 / 17:49
markets UPS Digital Software economy Experts Department Enter, Peacetime General: New RBI guv comes in with enough room to build an institution and leave a legacy
RBI since Chakravarthy Rangarajan had to firefight from day one. Sanjay Malhotra may be an exception. As Malhotra walks into Mint Street as the 26th guv, he doesn't face challenges like his predecessors did — a currency crisis, or a ruptured relationship with GoI. Instead, what lies before him are a stable economy that requires some fuel, a fit banking system that's looking to fly, and a financial market that's impatient to grow. After deft handling of the Covid crisis, surge in money supply led to spiralling of prices, forcing it to raise interest rates. But the dual mandate of growth and inflation needs MPC to consider lowering policy rates, as there are signs of inflation cooling and also because of the negative impact of high real interest rates. Malhotra has the ground laid out by the departing Shaktikanta Das, who has signalled that the next move could be a cut in rates. That the two external members of MPC have already voted for a reduction could make his job easier. While monetary policy and interest rates may keep RBI in limelight, its full-service nature — by which it regulates banking, NBFCs and currency markets — has even broader implications for the economy.

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