Courts Financial News

German Chancellor Olaf Scholz has praised a tentative deal between the European Union and Serbia that paves the way for the disputed excavation of lithium

In early 2022, Evan Gershkovich, a reporter for the Wall Street Journal wrote on social media that “reporting on Russia is now also a regular practice of watching people you know get locked away for years.”

Prosecutors are expected to give new details next week about Boeing's plea deal in a case stemming from two deadly crashes of 737 Max jetliners

The Biden administration is cancelling an additional $1.2 billion in student loans for borrowers who work in public service through changes to an existing forgiveness program

Wall Street Journal reporter Evan Gershkovich was convicted on Friday of espionage charges in an unusually rapid trial in the country’s highly politicized legal system

Federal health officials have authorized sales of Vuse Alto, the best-selling e-cigarette in the U.S. The Food and Drug Administration made the decision Thursday, allowing Reynolds American to keep its reusable e-cigarette on the market for years to come

Wall Street Journal reporter Evan Gershkovich has been convicted of espionage charges that his employer and the U.S. vehemently reject

Indrani Mukerjea, accused of killing her daughter Sheena Bora in 2012, to travel to Europe but laid down some conditions. The court allowed Indrani Mukerjea to travel once to Europe (Spain and United Kingdom) for ten days between intermittent period for the next three months. During her travel, she has to attend the office of the Indian Embassy or its allied diplomatic mission offices there at least once during her visit and obtain an attendance certificate, said the court. The court also directed Indrani Mukerjea to furnish a security deposit of Rs 2 lakh. Last month, the former media executive filed an application in the court seeking nod for overseas visit, claiming she needs to travel to Europe frequently for work.

Arunachal Pradesh government on Friday tabled a Bill in the Assembly to curb irregularities and the use of unfair means in various public examinations in the state. The Arunachal Pradesh Public Examination (Measures to Prevent Unfair Means in Recruitment) Bill, 2024 has strict provisions for punishment like imprisonment and penalties, debarring of candidates from appearing in recruitment examinations as well as attachment and confiscation of property. The Bill has a provision for special courts for the speedy trial of such offences.

CBI Friday arrested a first-year MBBS student of Ranchi's Rajendra Institute of Medical Sciences (RIMS) for allegedly being part of a 'solver module' working with an engineer who had stolen the NEET-UG question papers, officials said. Surabhi Kumari was taken into custody after two days of detailed questioning by the CBI, the officials said. It is alleged that Kumari was the fifth member of the 'solver module' which was present in Hazaribagh in the morning of May 5, the NEET-UG examination day, to solve the paper stolen by Pankaj Kumar, they said. Pankaj Kumar alias Aditya, a 2017-batch civil engineer from the National Institute of Technology Jamshedpur (Jharkhand), who allegedly stole the NEET-UG paper from the NTA trunk in Hazaribagh.

Anatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been spared further jail time after his exchange processed over $700 million in illicit proceeds from the Russian dark web.

Congress leader Gaurav Gogoi on Friday said his party would not let Tripura, which has been rocked by violence over panchayat elections, turn into another Manipur. Gogoi, the deputy leader of the Congress in Lok Sabha, led a delegation of his party that visited the violence-affected areas of the state. «The Congress firmly stands with its leaders, workers and the people of Tripura during these difficult times. The Congress will not bow down to terror tactics of the BJP,» he said, addressing a press conference at the party's state headquarters in Agartala. «We will inform the party high command what we saw in Tripura during our two-day visit. PM Narendra Modi is saying that India is the mother of democracy but what we saw here is nothing short of murder of democracy,» he added.

The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in recent years.

Bombay High Court on Friday quashed the Maharashtra government's notification that exempted private schools within a one-kilometre radius of government or aided schools from Right to Education (RTE) Act quota admissions. A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar said the notification dated February 9 was «ultra vires» to Article 21 of the Constitution of India and provisions of the Right of Children to Free and Compulsory Education Act, 2009, also known as the RTE. «The notification is held to be null and void,» the court said. The court, in its judgment, said the mandate of the law casts a duty not only on the government but also on private unaided schools to provide education to children in the age group of six to 14 years from the disadvantaged section of society.

Union Budget and the Economic Survey, to set the tone and pace of the economic path the nation will pursue in the coming years to attain its ambitious growth aspirations with a human face. The allocations and source of funds must be in sync with the vision so laid out.

Biden administration's student debt relief plan, which would have lowered monthly payments for millions of borrowers. In a ruling Thursday, the 8th Circuit Court of Appeals granted a motion for an administrative stay filed by a group of Republican-led states seeking to invalidate the administration's entire student loan forgiveness program. The court's order prohibits the administration from implementing the parts of the SAVE plan that were not already blocked by lower court rulings. The ruling comes the same day that the Biden administration announced another round of student loan forgiveness, this time totaling $1.2 billion in forgiveness for roughly 35,000 borrowers who are eligible for the Public Service Loan Forgiveness program.

Joe Biden's son Hunter asked federal judges on Thursday to toss out gun and tax cases filed against him, citing a legal argument made by Donald Trump. Hunter Biden, 54, was convicted in Delaware in June on federal gun charges in a historic first criminal prosecution of the child of a sitting US president. He also faces tax evasion charges in California and is scheduled to go on trial in September.

Mint explains: Byju Raveendran, the maverick founder who held a tight grip on Byju’s, will lose control of the firm to an interim resolution professional (IRP). The IRP will begin the process of forming a committee of Byju’s financial creditors, and subsequently hand over control to them. Raveendran now stares at a tight deadline to settle with the Board of Control for Cricket in India (BCCI), India’s powerful cricket board, out of court.

A Kenyan court has suspended a police ban on protests in the capital

Chateau Miraval, Angelina Jolie has pleaded with Brad Pitt to put an end to their legal battles. Before 2021, the pair owned a 50/50 share in the property, but things got ugly when Jolie sought to sell her stake in it. Pitt subsequently brought legal action, arguing that Jolie's transaction went against the marriage arrangement in which he had agreed to have the right to purchase her stock, as per the reports of 'Page Six'.

Supreme Court on Thursday held that the courts deciding an application for appointment of an arbitrator must not conduct an intricate evidentiary enquiry on whether the insurance claims raised by a party are time-barred or not. This, it said, should be left for determination by the arbitrator itself. Dismissing SBI General Insurance Co's appeal against the Gujarat High Court’s order that appointed an arbitrator to decide the dispute over insurance claims raised by Krish Spinning, a bench led by Chief Justice DY Chandrachud said “the effect of the aforesaid clarification is only to streamline the position of law, so as to bring it in conformity with the evolving principles of modern-day arbitration, and further to avoid the possibility of any conflict between the two decisions that may arise in future. It said the dispute raised by Krish being one of quantum and not of liability, prima facie, felt within the scope of the arbitration agreement and the dispute regarding 'accord and satisfaction' as raised by the insurance company can be decided by the arbitral tribunal as a preliminary issue.