Courts Financial News

Ram Mandir Inauguration: Several government and private organisations have declared full or half-day holiday on January 22 on account of Ram mandir Pran Pratishtha ceremony. The nation is all set to witness the grand consecration ceremony or «pran pratishtha» of the Ram temple in Ayodhya on Monday, January 22. As the preparations to celebrate the «historic» day are underway across the country, here's a quick recap of what's open and what's closed on the day of the Ram temple ceremony. Stock market The stock market will remain shut on Monday. In a circular, the National Stock Exchange said the currency derivative segment will remain closed on January 22. The Indian stock market will have a full trading session on Saturday, January 20, it added. Money market Money markets will remain closed on January 22, announced the Reserve Bank of India (RBI) on Friday. There will be no transactions and settlements in government securities (primary and secondary), foreign exchange, money markets and rupee interest rate derivatives on that day, the RBI said in a fresh circular. Govt offices and institutions ➤ The central government declared a half-day closure for all central government offices, Central Institutions, and Central Industrial Establishments across the country on Monday, January 22.

Delhi High Court finds itself at the center of a culinary dispute as it navigates a legal tussle between two iconic restaurants — Moti Mahal and Daryaganj. The question at hand: Who can rightfully claim to be the inventors of the beloved Indian dishes, butter chicken and dal makhani? Hold on to your plates! On January 16, Judge Sanjeev Narula from the Delhi High Court gave Daryaganj a homework assignment.

Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of holiest temples. Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. The construction of the temple, which began after the Supreme Court awarded the site to Hindus in 2019 more than two decades after a Hindu mob razed a mosque there, triggering deadly riots, fulfils a key campaign promise of Modi and his nationalist party. The opening ceremony, organised by the trust that built the temple, comes months before a national election which the ruling Bharatiya Janata Party is widely expected to win, and the who's who of India is expected to be there. «It's become like a status symbol to be invited to this event,» said Rajan Mehra, CEO of Indian luxury charter service Club One Air, adding that his fleet, which includes the Dassault Falcon 2000, is booked to make multiple trips next week. Officials estimate 100 private jets will descend on Jan. 22 on Ayodhya airport, filling it to capacity.

Iga Swiatek crashed out of the Australian Open at the hands of Czech teenager Linda Noskova in the third round on Saturday to further deplete an already weakened women's draw heading into the second week at Melbourne Park. While only three of the top 10 women's seeds remain, the main contenders for the men's title have all breezed into the fourth round with Carlos Alcaraz, Daniil Medvedev and Alexander Zverev joining the charge on day seven. Swiatek's bid for a maiden title at Melbourne Park was brought to an abrupt halt when 19-year-old Noskova became the first teenager to down the top seed since Amelie Mauresmo beat Lindsay Davenport in 1999. Noskova held her nerve after Swiatek had won the opening set, and on the big points in the third set, and only let emotions get the better of her after serving out for a 3-6 6-3 6-4 victory. «I think it was an unbelievable match for me,» the world number 50 said.

₹10 crore as token for damages. “Kewal Kiran Clothing Limited, the makers of “KILLER JEANS" have filed a suit before the Bombay High Court against the makers of the web series “KILLER SOUP" for infringing their Trade Mark “KILLER".

ALSO READ: Krishna Janmabhoomi case: Supreme Court stays execution of Allahabad HC order on Shahi Idgah land survey "So far as the stance of the Union of India with reference to the matters of cryptocurrency arising in different states is concerned, the Additional Solicitor General of India seeks and is granted four weeks' time to file an appropriate affidavit," the bench ordered on Friday. Justice Kant, during the hearing, said the court only wants that there are appropriate safeguards to protect the common man from fraud and misuse of cryptocurrencies. "We are not experts on what kind of currencies you should have or regulate.

WASHINGTON — Today, the Biden administration announced the cancellation of nearly $5 billion in student debt for an additional batch of 74,000 borrowers. This move is a targeted relief effort after the Supreme Court blocked a more expansive $400 billion loan forgiveness plan in June 2023.

Ayodhya and the construction of the temple. A pran pratishtha ceremony will be held at the Ram Mandir in Ayodhya on Monday, culminating more than 70 years of struggle between the Hindu and Muslim sides which had started after an incident in 1949 and settled with a Supreme Court verdict in 2019. KK Nayar, an ICS officer from the British times, was the district collector of Faizabad, which included Ayodhya, in 1949, while former principal secretary to the prime minister Nripendra Mishra heads the committee under which the temple is being constructed. When Nayar defied Nehru Kadangalathil Karunakaran Nayar, or KK Nayar, was the district collector of Faizabad when the idols were placed inside the Babri Masjid in 1949. Ayodhya was part of the Faizabad district. Despite then prime minister Jawaharlal Nehru's order to remove the idols from the mosque, Nayar refused to act and this began the litigation by Hindus and Muslims over the Ram Janmabhoomi. The booklet that comes with the invitation card to the Pran Pratishtha ceremony at the Ram Mandir on January 22 includes a profile of Nayar among those who contributed to the Ram Janmabhoomi movement in different ways, as per a TimesNow report. Born at Alleppey in Kerala, Nayar studied at Sanatana Dharma Vidyashala, Alleppey, and went on to study at University College, London, after which he joined the Indian Civil Service.

Madras High Court on Friday dismissed the appeals of Indian startups who challenged Google's app billing policy but has provided interim relief by asking Google not to delist the startups' mobile applications for three weeks from the Play Store. The formal order is expected to be released on Monday, sources told ET. The Madras High Court had in August 2023 dismissed petitions by the companies which included the likes of Bharat Matrimony, Shaadi.com, Unacademy as well as seeveral others against Google’s in-app billing policy.

Retirement fund body EPFO has said it will no longer use Aadhaar as a valid document for proof of date of birth. In an official circular on January 16, the Employees’ Provident Fund Organisation (EPFO) said the decision to remove Aadhaar was taken following a directive from the Unique Identification Authority of India (UIDAI).

By Foo Yun Chee

By Daniel Wiessner

Kerala court on Saturday found 15 men guilty of killing a BJP OBC wing leader in this coastal district in December 2021. The convicted persons are associated with the now-banned radical Islamist group, Popular Front of India (PFI).

Apple has reached an agreement to settle a US class action lawsuit, in which the company will be paying $35 million to iPhone 7 and iPhone 7 Plus users, who were prone to audio issues due to a defective chip in the devices. The company has now started notifying eligible customers by email, MacRumors reported.

Read more here Reliance Industries Limited reported a 10.9% increase in its net profit to ₹19,641 crore in the third quarter of FY 23-24. The company's total revenue from operations stood at ₹2,27,970 crore during the quarter under review. The robust performance of the oil and gas segments was one of the major highlights of the quarterly results of Mukesh Ambani's firm.

MUMBAI : Infrastructure conglomerate Adani Group has released pledged shares worth ₹2,878 crore ($346.2 million) related to four of its companies during the December quarter, BSE data analyzed by Mint showed. The group released a total 28.67 million pledged promoter shares across Adani Enterprises Ltd, Adani Green Energy Ltd, Adani Ports and Special Economic Zone Ltd, and Adani Energy Solutions Ltd. Notably, the group has reduced its pledge positions related to ACC Ltd and Ambuja Cements Ltd to zero, from 11.72% and 100%, respectively.

Let’s talk about the rising tennis star Jannik Sinner. Serious tennis fans are already gaga for Sinner, the 22-year-old from Italy who’s soared to World No. 4, but I don’t think casual sports observers have gotten there yet.

Ram Lalla Pran Pratishtha at Ayodhya". "It is reported that state governments led by the BJP have taken similar steps.

circular read. The Ayodhya Ram temple's consecration ceremony is being held after the first phase of the temple’s construction, made possible by a historic Supreme Court judgment in 2019 on the temple-mosque dispute. The “pran pratishtha" event is set to take place on January 22.

The ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance has taken a new turn after the federal judge in the case ordered a court review on the classification of digital assets as securities.

President Joe Biden is forgiving nearly $5 billion in additional student debt as the administration seeks to deliver on one of his signature initiatives with high stakes for his 2024 re-election campaign.