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Arun Goel's resignation as election commissioner, although a surprise, was preceded by simmering differences with chief election commissioner Rajiv Kumar. The issues appeared to have escalated over the last few weeks following Anup Pandey's retirement on February 15. ET has learnt that most disagreements were not about major policy issues. However, differences continued and involved issues such as the composition and size of EC teams heading to states for poll preparation reviews and the formats of press briefings in states, among others. Insiders said that despite such disagreements, there was no recorded case of 'dissent' between the duo at Nirvachan Sadan. The differences were rather «expressed verbally».

sterling in 2024, according to a universe of more than 140 global foreign-exchange rates tracked by Bloomberg. The reason is simple, according to analysts: Britain’s economy is looking more resilient than feared. That’s set to encourage the UK to keep interest rates at their current levels for longer than many of its largest counterparts, including the US Federal Reserve and European Central Bank.

New Delhi: Sekura Energy, an energy sector-focused platform of Edelweiss Infrastructure Yield Plus Fund, is the front-runner to buy solar projects totalling 350 megawatts (MW) from O2 Power, two people aware of the development said. The deal is likely to have an equity and enterprise value of $50 million and $200 million, respectively, the people said. The sale process is being run by EY.

NEW DELHI : New Delhi: British art auction house Sotheby's is attempting to cater to young Indian art collectors, who are now more comfortable about art and about spending on them, through different initiatives. The auction house is also proactively introducing new artists to its platform to provide more choices to the young collector, a senior official of the company said in an interview.

Baloch National Movement's human rights department, Paank, in their monthly report highlighted worrisome statistics about the human rights oppression in Pakistan. In the report, Paank mentioned that a total of 28 torture victims, five extrajudicial killings, and 33 enforced disappearances were recorded in February. The same report further mentioned the alarming rise in cases of enforced disappearances and extrajudicial killings in Balochistan.

Saudi Press Agency reports, quoted by Hindustan Times, the Supreme Court has asked that anyone in the Kingdom, who sees the Ramadan crescent moon with their naked eyes or through binoculars, should notify the court nearest to their location and record their testimony there. ALSO READ: Ramadan 2024 moon sighting: When crescent moon is expected to be sighted in India, Saudi Arabia The report added that various observatories across the Kingdom of Saudi Arabia will search for the crescent moon for the month of Ramadan 1445 AH on Sunday.

₹81 crore in the project which was duly acknowledged by the developer. The timelines were extended from 2019 to 2023; however, despite indefinite extensions the project remains to be completed, they added. July 2023 was set as the date of default in the application.

Indian Energy Exchange stood at ₹3.69 per unit, against ₹4.90 per unit last month, showed data on the exchange website. On a year-on-year basis, the price in the real-time market for the first five days of March was ₹2.8 per unit or 57% lower. "Sell-side liquidity on the exchange has surged by nearly 90% in the initial five days of March.

UFOs or aliens, attributing most sightings to «ordinary objects» that are the result of misidentification. This conclusion was revealed in a 63-page report titled «Historical Record of US Government Involvement with Unidentified Anomalous Phenomena (UAP)» by the Pentagon. The report stated that the Department of Defense's All-Domain Anomaly Resolution Office (AARO) found no evidence of any US government investigation, research, or review panel verifying that a UAP represented extraterrestrial technology. The report is part of the US government's broader public examination of UFOs, or «unidentified anomalous phenomena,» which has included Congress hearings and open discussions with US space agency NASA officials. Despite these findings, US officials acknowledged that the public's perception of alien visits may not be dispelled. The report noted that the proliferation of television programs, books, movies, and internet and social media content focused on UAP-related topics has likely influenced the public conversation and reinforced beliefs within some sections of the population.

election commissioners are likely to be appointed by March 15 to fill the vacancies created by the retirement of Anup Chandra Pandey and the surprise resignation of Arun Goel, sources said on Sunday. Days before the poll panel is expected to announce the schedule for the Lok Sabha polls, Goel resigned on Friday morning. His resignation was accepted by President Droupadi Murmu on Saturday and the Law Ministry issued a notification to announce it. This leaves Chief Election Commissioner Rajiv Kumar as the sole member of the poll authority. Pandey had demitted office on February 14 on attaining the age of 65 years.

Investing.com – February data including consumer prices and retail sales will offer more cues on the prospects for potential Federal Reserve rate cuts. Bitcoin hits record highs, while Wall Street could be in for another volatile week. Here’s what you need to know to start your week.

Delhi High Court has issued a show-cause notice to the resolution professional of crisis-hit 'Go First' airline, asking why contempt proceedings should not be initiated against him for prima facie willfully disobeying judicial orders on allowing inspection and maintenance of lessors' aircraft. The high court said the RP (Resolution Professional) cannot plead difficulties in the implementation of the October 12, 2023, judgment after contempt proceedings have been filed by a lessor seeking to enforce court orders. «Prima facie, the orders of this court have been wilfully disobeyed by the respondent/ RP. Issue notice to show cause as to why proceedings of contempt be not initiated...,» Justice Tara Vitasta Ganju said. The counsel for the RP submitted that he was willing to revert to the position regarding the maintenance of the aircraft.

Saudi Aramco on Sunday reported a 24.7 percent decline in profits in 2023 compared to the previous year, the result of lower oil prices and production cuts. The oil giant said in a filing with the Saudi stock market that net income reached 454.7 billion Saudi riyals ($121.25 billion) in 2023, compared to 604.01 billion Saudi riyals ($161.07 billion) in 2022.

equity mutual funds showed. PSU funds offered the highest average return of 21.72% in 2024 so far. There were around five schemes in the category and these schemes also offered double-digit returns in the year-to-date horizon. CPSE ETF, the topper in the category, offered 25.53% this year. ICICI Prudential PSU Equity Fund offered 22.89%, followed by SBI PSU Fund which gave 20.22%.

gold would be laughing their way to the banks with the back-to-back lifetime highs in the yellow metal this week. Its returns in March and 2024 so far have surpassed those of the S&P BSE Sensex. However, Bitcoin (BTC) remained the showstopper with more than 11% weekly returns and 62% in 2024, so far. After a lackluster February, gold has been hitting new lifetime highs in March. The gold contract on MCX scaled a new all-time high of Rs 66,356 per 10 grams on Friday. It has risen by Rs 3,529 or 5.64% so far in March over February and rose by Rs 3,118 or 4.93% in 2024 so far. In the international market, the new lifetime peak was $2,195 per troy ounce on the Comex.

₹71,301.34 crore, with Bharti Airtel leading the pack as the top gainer. In an unprecedented rally, the BSE benchmark climbed by 374.04 points or 0.50% last week, setting new records. Markets remained closed on Friday for Mahashivratri festivities.

Rohit Sharma to retire from limited overs cricket? Indian skipper says ‘I will retire straightaway but..’ To recap, Ashwin was instrumental in troubling the English batting in both innings of the Dharamshala Test, taking 4 wickets in the first innings and a fifer in the second. Ashwin completed his 36th 5-wicket haul with the wicket of Ben Foakes, who had his middle and leg stumps dismantled. Ashwin's stellar performance in his 100th Test meant that he overtook Anil Kumble and Kapil Dev and equalled Muttiah Muralidharnan for the best figures in a 100th Test match.

India's retail inflation is expected to come in at 5.08% in February, broadly unchanged from 5.10% recorded in the previous month, a median estimate of 20 economists polled by Mint showed. While prices of food items saw an uptick on a sequential basis, a favourable base effect is seen as offsetting the impact.

corporate actions scheduled for this week. SBI Life Insurance Company, IIFL Securities, and Kirloskar Ferrous Industries will trade ex-dividend, while Waaree Renewable Technologies will trade ex-split this week. On Thursday, 14 March, Data Infrastructure Trust and Wonder Electricals (Re 1/share) will trade ex-dividend.

Prasar Bharati and Khadi Village and Industries Commission (KVIC), celebrated a momentous occasion on Saturday as they came together to strengthen the spirit of 'Khadi for Nation and Khadi for Fashion' at the Prasar Bharati Secretariat in New Delhi. The event was attended by Manoj Kumar, Chairman KVIC, Gaurav Dwivedi, Chief Executive Officer Prasar Bharati, Priya Kumar, Director General, Doordarshan News (DD News), among other distinguished guests, and saw the launch of a new Khadi wardrobe for the news anchors of the Hindi news channel DD News and the English news channel DD India. India's Public Service Broadcaster, Prasar Bharati and Khadi India signed a Memorandum of Understanding (MOU) in September 2023, under which the anchors of DD News and DD India will now actively contribute to carrying forward India's rich heritage and modernity by wearing clothes made of Khadi.

Moneycontrol. Mint reported earlier this year that Invesco, a US-based asset management company (AMC), increased Swiggy's valuation to USD 8.3 billion two times in a row. The valuation adjustment for Swiggy by Baron comes amidst the backdrop of its competitor, Zomato, witnessing around a 58 per cent surge in stock price over the last six months, fueled by improved profitability and rapid growth of its quick commerce arm, Blinkit.