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Raj Kumar Pal struck a hat-trick as title-holders India sealed a semifinal spot after thrashing Malaysia 8-1 for their third consecutive win in the Hero Asian Champions Trophy, here on Wednesday. Apart from Raj Kumar (3rd, 25th and 33rd minute), Araijeet Singh Hundal (6th and 39th minute), Jugraj Singh (7th minute), skipper Harmanpreet Singh (22nd minute), and Uttam Singh (40th minute) sounded the board for India. For Malaysia, Akhimullah Anuar (34th minute) managed the solitary strike. India are currently on top of the standings with nine points from three wins.

bankruptcy court Wednesday admitted Jammu and Kashmir Bank's application to initiate insolvency proceedings against Essel Infraprojects Ltd, a company promoted by media baron Subhash Chandra, over what the lender claimed was an 'established case' of default. The Mumbai bench of the National Company Law Tribunal (NCLT), while admitting the company, has also appointed Hemant J Mehta as interim resolution professional (IRP). The private-sector lender had approached the tribunal after the Essel Group entity defaulted on its dues of ₹87.43 crore. «The financial debt is due and payable by the corporate debtor (Essel Infraprojects) as on the date of filing the present company petition,» observed the division bench of judicial member Reeta Kohli and technical member Madhu Sinha in its order. «Further, there is admission of default and outstanding liability by the corporate debtor in various correspondences annexed to the company petition,» it added.

SFBs) have raised their fixed deposit rates to more than 8% for a two- year tenure as they scramble with the giants, such as State Bank of India and HDFC Bank, to garner funds from ordinary savers in a market where alternative investment options have multiplied over the past couple of years. SFBs are offering 100-125 basis points higher on deposits than what they offered a year ago. The returns are also about 120 basis points more than what the big banks such as SBI and HDFC Bank offer. Utkarsh SFB and Suryoday SFB are offering 8.5% on two-three year tenures, while Equitas SFB is offering 8.5% on a tenure of two years to less than three years. Unity SFB is offering 9% on 1,001 days.

₹23,000 crore and hanging fire for 18 years are finally set to have their fate decided by the Supreme Court in a sticky legal battle that will decide whether the Department of Revenue Intelligence has the power to issue such notices. The apex court has begun hearings following a government petition to review its own ruling, delivered in 2021, that clipped the DRI's powers to issue notices. A three-judge bench comprising Chief Justice D.Y.

COVID-19 vaccines modified to target a more recent strain of the illness, an infectious disease expert says the latest provincial data underscores why getting a booster shot is a good idea once the new one is available.“Even with vaccines, COVID is worse than the flu, and the numbers bear that out,” said Dr. Craig Jenne, a professor at the University of Calgary.

Deloitte has won the mandate for resolution of Jaiprakash Associates- the largest insolvency case currently, which has claims of over Rs 51509 crore and assets ranging from real estate to cement business, said a stock exchange disclosure. Deloitte will replace PwC for the sale process of Jaiprakash Associates, which is undergoing corporate insolvency and resolution process. Lenders had appointed Bhuvan Madan as the resolution professional. Going forward, Deloitte will support the RP, thus replacing PwC, said people with knowledge. Lenders have also approved a resolution to appoint legal firm Shardul Amarchand Mangaldas as legal advisor for the RP, and BDO LLP is appointed to carry out agency for specialised monitoring (ASM) related assignments for the company.

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equity indices ended lower on Wednesday as investors booked profits across sectors, ahead of key U.S. inflation data that could influence the size of a likely reduction in Federal Reserve interest rates next week. The Nifty 50 index fell 0.49% to 24,918, while the S&P BSE Sensex lost 0.49% to 81,523.

Chandigarh's upscale Sector 10 on Wednesday evening. The house owner claimed that two individuals in an auto-rickshaw hurled a grenade at the property. While there were no casualties, the blast damaged windows and garden pots, according to police. Chandigarh Senior Superintendent of Police (SSP) Kanwardeep Kaur, along with a team of officers, reached the scene shortly after receiving information around 5:30 pm.

Defence Ministry has given approval to the Indian Navy's plans worth over Rs 2,500 crore to build 100-tonne unmanned underwater vessels. The proposal for building the 100-tonne unmanned underwater vessels was given clearance at a high level defence ministry meeting held recently, defence sources told here. The underwater vessels in the Extra Large category would weigh over 100 tonnes and would be

Married Newfoundland and Labrador-based couple Patrick, 54, and Sheila, 51, effectively retired in 2019 when he started winding down his small business and they’ve been living off its cash reserves, but that is coming to an end soon.

Bond yields, which ended at 6.82% were down by three basis points, since its previous close at 6.85%, Clearing Corporation of India data showed.

Niti Aayog to prepare a framework for future pandemic preparedness has suggested enacting separate legislation to handle public health crises. The report titled 'Future Pandemic Preparedness and Emergency Response — A Framework for Action' said learning from the experience of COVID-19, the experts have realised that responding in the first 100 days of an outbreak is crucial for effective management. «A separate Public Health Emergency Management Act (PHEMA) is proposed to facilitate the management of any public health crisis. »The PHEMA can address various aspects beyond epidemics, including non-communicable diseases, disasters, and bio-terrorism, and should be in place for a developed country," it said.

Morgan Stanley analysts have stated that any misstep could end up being bad for the stock markets.

National Real Estate Development Council (NAREDCO) has urged the government to resolve regulatory challenges that hinder real estate development in major cities like Mumbai, Chennai, and Kolkata. In bid to help resolve the issue, the developers’ body has made certain recommendations that were discussed during a recent meeting with a Joint Working Group, which included an Expert Committee led by Fali Major, NAREDCO said in a release. “The height restrictions imposed by aviation regulations have significantly constrained real estate development in urban areas. Our recommendations are designed to unlock the potential of these cities while maintaining safety standards,” said G Hari Babu, National President of NAREDCO.

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NITI Aayog has proposed enacting a new Public Health Emergency Management Act (PHEMA), setting up of a special pandemic preparedness and emergency response fund and creating an institutionalized empowered governance mechanism to tackle public health emergencies in future. Recommendations are part of the Pandemic Preparedness and Emergency Response (PPER) framework, proposed by an expert group set up for the purpose after Covid 19 pandemic. The idea is to put in place an emergency response which begins action on day zero and gives the required results to have disease prevention, mitigation and control in place within 100 days of the outbreak.

A drug approved to treat obesity in adults and teens is safe and effective for use in kids as young as 6, when combined with diet and exercise

Benchmark NSE Nifty closed 122.65 points down at 24918.45 amid selling in frontline bluechip counters.

Texas gas station has hit the winning Mega Millions jackpot worth $800 million on Tuesday. This marks the end of more than 20 drawings without a jackpot winner. The winning ticket, purchased at Murphy USA 8848 in Sugar Land, Texas, had the numbers 1, 2, 16, 24, 66, and the Mega Ball 6. For selling the ticket, the store will receive $1 million. The prize winner can choose annual payouts totaling $800 million or a one-time cash option of $404.2 million. Texas law allows winners of prizes over $1 million to remain anonymous.

Trade Connect ePlatform is developed in collaboration with the Ministry of MSME, EXIM Bank, TCS, Department of Financial Services (DFS), and the Ministry of External Affairs (MEA). Launching the portal, Commerce and Industry Minister Piyush Goyal said that it would act as a one-stop solution for all kinds of information such as customs duties, rules and regulations. The portal is set to address information asymmetry by offering exporters comprehensive support and resources.