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₹10 lakh on the State of Rajasthan for what it deemed as harassment of the poor litigant by dragging the case on for years and through various layers of the judiciary. This decision underscores the Supreme Court’s stance against unnecessary legal actions that burden individuals, particularly those with limited resources, and the Indian judicial system.

enforcement heads of state and central goods and services tax (GST) to settle tax cases linked to classification at its earliest. In her address at a conference of enforcement chief of the state and the central GST formations in New Delhi, she told officials to engage with stakeholders to understand their concerns, enhance compliance, streamline processes, and work collaboratively towards making the tax system more transparent and efficient. «Clarity on classification related issues should be looked into at the earliest through appropriate channels,» the Finance Ministry said in a statement quoting Sitaraman.

Banks' bad loans have fallen to record lows as recoveries from defaulters rise and many who missed payments have regularised, but lenders are looking at building buffers anticipating some stress, said CareEdge Ratings. Bad loans fell 21% in the last calendar to Rs 4.85 lakh crore, from a year earlier.

merger-related activities have impacted operations and business, Zee Entertainment Chairman R Gopalan said adding the company has now taken several incremental steps to protect all stakeholders and enhance its intrinsic value through this phase. There is «significant room for performance enhancement» and a revival plan by the management team is already being put in action to accelerate growth and enhance profitability, said Gopalan in the opening remarks of an investor conference call of Zee Entertainment Enterprise Ltd (ZEEL) on Monday. The board has also decided to closely monitor the business model and plan presented by the MD & CEO of the company wherein he has provided the roadmap to improve the performance and efficiency of each of the businesses to achieve higher EBITDA. «We are fully cognizant that significant room for performance enhancement exists and a revival plan by the ZEEL management team is already being put in action to accelerate growth and enhance profitability,» he said, adding the board has full confidence in the ZEEL management team's execution capability.

Election Commission of India (ECI) on Monday made it clear on «no violence» stand in coming Lok Sabha polls and cautioned Sandeshkhali issue was elaborately discussed with senior district police officials of North 24 Parganas and Basirhat about serious law & order situation in Sandeshkhali even as it met various political parties, District Magistrates, Superintendents of Police and senior government officials to discuss preparedness for the upcoming Lok Sabha elections in West Bengal. ECI bench has directed the state administration to pull up its socks on violence and said «no-violence & no bombings» will be tolerated in the coming Lok Sabha polls. Panchayat violence issue was raised by the full bench. Following demands by BJP, Congress and CPI-M, the ECI directed District Magistrates to take action against fake voters, an issue raised by LoP Suvendu Adhikari and today again by BJP, Congress and CPI-M leadership, people in the know told ET. Meanwhile, the ruling Trinamool Congress delegation demanded «one phase vote» during the meeting and claiming that CAPF working in the instruction of BJP. «When all states have on phase vote, why will Bengal have seven phase votes? Just to ensure PM Narendra Modi and Union Home Minister Amit Shah can come to Bengal in several phases? It should be ensured that central forces are not pressurized by BJP, senior Trinamool MP Kalyan Bandopadhyay said.

Ladakh on Monday informed that their meeting with the Union Home Minister Amit Shah and other officials at the ministry ended without any outcome. They stated that they would go back and consult people in the twin districts of Leh and Kargil in Ladakh to devise the future strategy. The Sub-Committee of the representatives from Apex Body Leh and Kargil Democratic Alliance held the meeting with Shah and separately met officials of the Ministry of Home Affairs in Delhi.

Ambience Mall can be seen falling on the floors with people cautiously moving around. The social media users claimed that the poor management of malls by the owners is a major factor behind such accidents. The authorities said that the mall was closed and will re-open after the maintenance work.

Vedanta Group's Sterlite Power Transmission. The appeal sought to declare corporate guarantees to subsidiaries non-taxable under the current tax regime. It also contested the valuation criteria set by the finance ministry for the purpose of taxing such guarantees when there is no financial consideration involved.

Gemini AI chatbot regarding Prime Minister Narendra Modi. Chandrasekhar criticized the AI's response, deeming it a direct violation of IT rules and criminal code provisions. In response, the government sought an explanation from Google.

A South Korean committee responsible for personal information matters is probing Worldcoin for collecting and processing sensitive information.

Congress rebels and independent MLAs who voted in favour of the BJP candidate Harsh Mahajan in Rajya Sabha elections, the BJP State President Rajiv Bindal on Monday said that the Congress is taking dictatorial decisions. Raiding the houses and business outlets of MLAs, taking various types of actions against them and people associated with them, sending people to instigate fights and creating an atmosphere of fear in the entire state is unacceptable and will not be tolerated, he said in a statement issued here.

By Huw Jones

TMC leader Mahua Moitra to restrain BJP MP Nishikant Dubey and advocate Jai Anant Dehadrai from making defamatory allegations. The former MP had taken legal action against Dubey and Dehadrai, alleging defamation, when they claimed that Moitra engaged in questionable practices by posing questions in parliament and sharing her parliamentary account login details with Hiranandani, purportedly in exchange for favors and lavish gifts. The Lok Sabha Ethics Committee, reacting to these accusations, recommended Moitra's expulsion from the lower house, in December. This recommendation was subsequently implemented, leading to Moitra's removal from parliament on December 8, 2023.

Amfi, in response, directed the fund houses: "In the context of the froth building up in the small and midcap segments of the market and the continuing flows in the small and midcap schemes of mutual funds, Trustees, in consultation with Unitholder Protection Committees of the AMCs, shall ensure that a policy is put in place to protect the interest of all investors," the letter read. So far so good. It was brave of Amfi to lift the “froth" line verbatim in its missive to the mutual funds.

Taher Badshah, Chief Investment Officer at Invesco Mutual Fund believes it is going to be a period of low triggers in the market as there is not much in terms of actionable events to look forward to, except for policy rates at a global level, the monsoon development, and the election results from a domestic standpoint. In an interview with Mint, Badshah shared his views on markets and sectors he is positive about. Edited excerpts: We will be in the run-up to the elections in the coming weeks, but that too, at some level, has been taken into cognizance by the market.

Supreme Court's judgment on ‘immunity in bribery case’ and asserted that ‘it will clean politics’. Earlier in the day, the Supreme Court ruled that the members of parliament and state assemblies are not immune from prosecution in bribery cases.

RECommend buying technically and fundamentally sound stocks at the current juncture. Based on the recommendations of several experts, below are 10 stocks that one can consider buying for the next three to four weeks. Take a look: (Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) On the weekly chart, Tata Steel has breached the multi-year resistance around ₹150 level, suggesting a continuation of the medium-term uptrend.

Geneva-based commodities trading firm Gunvor said Friday that it has reached $661 million settlement with U.S. and Swiss prosecutors after a conviction for bribery of foreign officials in connection with the petroleum industry in Ecuador

Lok Sabha elections this year. During the meeting, a 100-day agenda for immediate steps to be taken after a new government is formed in May was deliberated upon for its quick implementation.

NEW DELHI : Unwanted promotional calls from unregistered phone numbers may attract stringent action in the near future, with the Central Consumer Protection Authority (CCPA) preparing to crack down on the practice. The CCPA is meeting industry stakeholders this week to finalize a mechanism to end unsolicited commercial calls and messages, two people aware of the matter said.

Stock split 2024: Shares of Tiger Logistics (India) Ltd will be in focus when the stock market opens on Monday (March 04). The Board of Directors of the company has declared a stock split for the eligible shareholders. The company has declared a stock split in the ratio of 1: 10 that means from ₹10 per equity share to ₹1 per equity share.