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Om Birla on his election as Lok Sabha Speaker and exhorted him to run the House fairly, without bias. Leading the Opposition benches was Rahul Gandhi, who was appointed Leader of Opposition on Tuesday, a post that remained vacant for a decade. «The idea that you can run the House efficiently by silencing the voice of the Opposition is a non-democratic idea and this election has shown that the people of India expect the Opposition to defend the Constitution, the Samvidhan of this country,» said Gandhi as he cautioned against the stifling of the voice of Opposition. «The question is not how efficiently the House is run, the question is how much of India's voice is being allowed to be heard in this House,» Gandhi said, adding that by allowing the Opposition to speak, the Speaker would be doing his duty of defending the Constitution of India. Gandhi assured the Speaker of his support in running the House. «We, the Opposition, would like to assist you in doing your work. We would like the House to function often and well,» he said.

A great philosopher once said, “live long and prosper” and while data suggests that the American population is doing better on the first part of the phrase, the second part is a concern.

Quant Mutual Fund has assured investors that its gross inflows continue to remain normal and its liquidity position robust. The fund remained defiant that all allegations must be proved before the alleged could be deemed guilty. It said every suspicion is not an allegation and Quant has always maintained transparency with its investors. The fund house stressed on its commitment to cooperate with the Securities and Exchange Board of India (Sebi) through any review and has dedicated people to give data to Sebi on a regular basis, ET Now reported on Wednesday.

Vivek Murthy, surgeon general of the United States, recently proposed that all social media platforms should carry a warning that it could harm the mental health of teenagers. A similar proposal by the surgeon general that all cigarette packages carry a warning that smoking “may be hazardous to your health" is what kickstarted efforts to tackle this addiction. Will the surgeon general’s warning about social media addiction bear fruit? The biggest problem with social media is that it is anything but social.

₹25586 crore worth of equities in May and have remain net sellers worth ₹8536 Crore in equities during the calendar year till date, however have net bought ₹14828 Crore worth of equities in June till 25th, as per NSDL data. All eyes are on sustenance of the trend.The Lok Sabha Elections are behind us and the uncertainties associated with the new government are behind us and hence there is some amount of buying being observed by FPI's, with economic data also remaining supportive, said experts.

Taratala factory in Kolkata last week, and speculation is now rife that the biscuit-maker may fully exit West Bengal.The FMCG major on June 20 informed the exchanges that all permanent workers at its Taratala factory in Kolkata accepted a voluntary retirement scheme (VRS), leading to whispers of a possible shutdown of one of the company’s oldest units in India.On social media and in media reports, the Britannia news has led to comparisons with the departure of Bata and Tata Nano from the eastern Indian state.However, Amit Mitra, special advisor to the Chief Minister of West Bengal on finance, on June 25 told reporters that Varun Berry, MD of Britannia Industries has assured him the company is committed to stay and will maintain its registered office in Kolkata, PTI reported.“It's registered office will stay in Kolkata. The shareholders meeting will continue to be in Kolkata.

Amazon India has admitted to workplace safety lapses at its warehouse in the National Capital Region. In its submission to the central labour commissioner, the company accepted that there was a violation of workplace safety standards on May 16, 2024, at its Manesar warehouse and assured the government of a prompt corrective action. In a detailed response to the central labour ministry's query on the matter, seen by ET, Amazon India said one of the employees at the building did lead a small subset of employees and associates in a pledge after both the breaks had been taken, thinking it to be a motivational exercise for the team. «This was an unfortunate and isolated incident, and a clear violation of our workplace safety standards,» it said in a letter submitted to the government. «Prompt disciplinary action has been taken against this employee,» it said. ET has seen Amazon's response to 10 workplace safety and standard related questions raised by the government after reports emerged its employees were forced to take a pledge that they «will achieve the target, and refrain from using the washroom and avoid drinking water.»

Quant’s offices in Mumbai and Hyderabad on 21 June for a search and seizure operation triggered by suspicion of front-running by Quant’s employees. “Look around you. Do you see any disruption? We are all carrying on our usual work," said Tandon when this reporter visited the Quant MF office in Mumbai.

NDTV. Now with the support of YSRCP, Om Birla is likely to get the votes of 297 Lok Sabha MPs, clearing the way for him to takeover as the Lok Sabha speaker again.Congress leader Rahul Gandhi said Defence Minister Rajnath Singh failed to give an assurance on the opposition party’s claim to the Deputy Speaker's post.On Tuesday, as the Congress nominated eight-term member Kodikunnil Suresh for the Lok Sabha Speaker's post, Parliamentary Affairs Minister Kiren Rijiju appealed to the opposition to reconsider its decision.In the Lok Sabha, the Speaker is elected through a simple majority vote.

Edappadi K Palaniswami on Tuesday called on Tamil Nadu Governor R N Ravi and demanded that he take action against the ruling DMK over the Kallakurichi hooch tragedy. The former chief minister, who led a delegation of his party legislators and advocate-wing members, met Ravi at Raj Bhavan here and submitted a memorandum on the alleged failure of the DMK government in containing the brewing and sale of illicit arrack, he said. Governor Ravi assured him that appropriate action would be taken based on his memorandum, Palaniswami later told reporters. Wondering aloud if there has been intelligence failure on spurious liquor consumption in Kallakurichi which claimed 60 lives, Palaniswami reiterated that DMK president and Chief Minister M K Stalin should take responsibility for the loss of lives in the hooch tragedy and step down. «The investigation should be handed over to the CBI in order to ensure impartiality and fairness in the probe,» he said.

INDIA bloc is unlikely to contest the Lok Sabha Speaker's post and the NDA nominee is likely to be elected unopposed, sources said Tuesday ahead of filing of nomination for the key post. However, the Opposition has demanded that they be given the choice to pick the deputy speaker. Defence Minister Rajnath Singh spoke to Congress president Mallikarjun Kharge late on Monday night and sought the support of the opposition on the issue. Singh, however, gave no assurance to the opposition on its demand for the deputy speaker's post, the sources said.

₹34,000 crore in April and May, overseas investors bought Indian equities worth more than ₹12,000 crore this month so far.However, for the first fortnight of June, FPIs remained net sellers in domestic markets, as their total outflows stood at ₹3,064 crore. In precise, between June 1 and 15, FPIs were sellers to the tune of ₹12,519 crore across 11 sectors, while they infused funds worth ₹9,455 crore in 12 sectors, data from National Securities Depository Ltd (NSDL) showed.Sunil Damania, Chief Investment Officer, MojoPMS believes FPIs have altered their position in the equity market following the election results.

instant personal loan, it's advisable to check your credit score and take steps to improve it if necessary.Lenders consider your income stability when evaluating your eligibility for instant personal loans. A steady source of income assures lenders of your ability to repay the loan on time. Individuals with stable employment or consistent income from other sources are more likely to qualify for instant personal loans.

Groww has come under heavy criticism on social media after a user alleged that investment made via the app did not actually happen and that details of the folio were wiped out when the question was raised with the company.Taking to social media, a user accused the company of fraud, alleging that when his sister first invested the money, the app generated a folio and displayed the current amount of growth. However, the issue was discovered when the user tried to redeem the investment.Allegedly, the mutual fund in which the investment was made said that the folio number did not exist.

Sebi conducted search and seizure operations in a suspected case of front-running, Quant Mutual Fund said it is cooperating with the regulator and remains committed to delivering superior risk-adjusted returns. «Recently, quant Mutual Fund has received inquiries from SEBI, and we want to address any concerns you may have regarding this matter. We want to assure you that Quant Mutual Fund is a regulated entity, and we are always fully committed to cooperate with the regulator throughout any review. We will provide all necessary support and continue to furnish data to SEBI on a regular and as-needed basis,» Quant said in a note to clients. While reiterating that its primary goal of delivering superior risk-adjusted returns to investors remains unchanged, the AMC said, «We appreciate the confidence, faith, and strength of 80 lacs plus folios and 93,000 AUM and we believe that the same support will continue as quant’s research capabilities and analytical tools will keep our investors ahead in the curve and we remain committed to delivering superior risk-adjusted returns in the future too.»

Doctor Who has assured fans that the Doctor will indeed be back for another thrilling adventure. While the exact return date remains unspecified beyond the year 2025, one burning question that has captured the attention of Whovians is: who will accompany the Doctor in the upcoming season?

Hardik Pandya produced an all-round show while Kuldeep Yadav foxed Bangladesh batters with his guile as India all but assured themselves of a semifinals berth through a dominant 50-run victory in their second Super 8 game of the T20 World Cup here on Saturday. Star batter Virat Kohli (37 off 28) found much-needed rhythm before Shivam Dube (34 off 24) and Hardik (50 not out off 27) pushed India to 196 for five, the highest total at this venue so far. Bangladesh could never really challenge India in the steep run-chase and ended up with 146/8 in 20 overs, their second straight loss in the Super 8s. India will meet their match in Australia, the two unbeaten teams so far, in their final Super 8 fixture in St Lucia on Monday.

personal guarantors seeking to resolve their financial difficulties", the Ministry of Corporate Affairs (MCA) said in a communication to stakeholders. Personal guarantors give lenders an assurance of the repayment of loans taken by corporate debtors. Usually, these individuals are promoters or directors of the companies concerned or occupy key positions in them. Earlier this week, the insolvency regulator floated a discussion paper seeking to make it difficult for personal guarantors of defaulting firms to escape liabilities.

Infrastructure investment trusts (InvITs) are enjoying immunity from insolvency proceedings and should be brought under the Insolvency and Bankruptcy Code, a top official from SBI said on Friday. Ashwini Kumar Tewari, the managing director of the bank, said lenders need the assurance of being able to recover their dues from InvITs in case of a default and added that they are in touch with the Reserve Bank and the government on the same. «We need to bring these trusts, which are bankruptcy remote, within the purview of the IBC because that will go a long way in giving us the assurance that this is like any other asset,» Tewari said, addressing an NBFC event organized by industry lobby Assocham here. He elaborated that at present, the primary responsibility of an InvIT or a special purpose vehicle under it is towards the trust holders and there are «gaps» which need to be filled.

lower taxes for individuals to generate demand and spur consumption besides seeking low-cost finance, subsidies and benefits on land rates and necessities such as electricity for retailers ahead of Union Budget FY25. Retailing in India accounts for about 10 per cent of the country's GDP and the sector is second only to agriculture in terms of the number of people directly employed, RAI said in its pre-Budget memorandum highlighting areas that need attention in order to make the industry stronger. «To ensure the growth of the sector, the Union Budget for FY25 should focus on generating demand and spurring consumption by offering benefits or concessions in the form of lower taxes,» RAI said. It will boost the overall consumer sentiment and benefit the retail sector, it said adding, consumption equals to development and the «tax benefits and relief to individual taxpayers will increase the monthly disposable income and support consumption».