NOT Financial News

Suchana Seth case. The Bengaluru-based entrepreneur is currently in the custody of Goa police for murdering her four-year-old son. Upon investigation, the police found that her startup — Mindful AI Lab was not a proper office but a co-working space, according to anIndian Express report. The accused is also the director of another Bengaluru-based machine intelligence firm, which was registered in September 2020 and is still active. Despite being listed as a research fellow at the Raman Research Institute from 2008-2011, she dropped out from there in 2010 according toIndian Express.

Maharashtra assembly speaker Rahul Narwekar's verdict in the Shiv Sena MLAs disqualification case, which went in favour of the faction led by Chief Minister Eknath Shinde, was «not at all surprising» but should be challenged in the Supreme Court by the rival group led by Uddhav Thackeray, NCP chief Sharad Pawar said on Wednesday. I n a huge relief to Shinde, Narwekar held that his Shiv Sena faction was the «real political party» when rival groups emerged in June 2022.

Real Estate Regulatory Authority (HARERA), has advised the real estate buyers to not book properties in projects that are not registered with RERA. The authority said sale and purchase of properties in unregistered real estate projects is not allowed under the RERA Act of 2016. «If any person is facilitating sale purchase in unregistered projects through advertisement or by any other means that is a violation of the Act,» said the authority. The authority said that promoters should discourage advertising their projects before RERA registration as it is an offence and punishable under the law.

Elon Musk will visit Gujarat, a senior government official on Wednesday said the billionaire-founder of Tesla is not coming for the ongoing Vibrant Gujarat Global Summit, but they are welcome to invest in the state. The state is very keen to get Tesla if it comes to India, Managing Director of Gujarat Industrial Development Corporation Rahul Gupta said. He also said the state is already home to a slew of electric vehicle manufacturers.

Trinamool Congress (TMC) supremo Mamata Banerjee had on Tuesday accused the Bharatiya Janata Party (BJP) of “doing gimmicks" through the inauguration of Ram Mandir in Ayodhya ahead of the Lok Sabha polls. On Wednesday, UP Deputy CM Keshav Prasad Maurya hit back at the West Bengal CM and said, "Those who have not played any role in the Ram Janmabhoomi agitation, those who do not feel the pain of a mosque being built on the Ram Temple. They haven't been lathi-charged, nor have they been jailed.

amrit kaal’, or golden era, is eliminating hunger in India. That is why the government decided to extend the Pradhin Mantri Garib Kalyan Anna Yojana, or PMGKAY, scheme, which aims to provide free foodgrains to the poor for another five years beginning this month.

The letter ‘K’, whose shape is often used to denote a divergence in how the rich and poor are faring, has animated India’s economic discourse of late. Now, SBI Research, a department of the government-run State Bank of India, has weighed in with a report that attempts to debunk the notion of a ‘K-shaped recovery,’ calling this label “ill-concocted" and flawed for overlooking data that points to reduced inequality in what Indians earn, as recorded by the Central Board of Direct Taxes (CBDT).

₹50 trillion for the first time. As of 30 November, it stood at ₹50.6 trillion. Retail lending comprises housing and vehicle loans, credit card receivables, loans against gold jewellery, personal loans, etc.

The U.S. Securities and Exchange Commission said Tuesday that a post sent from the agency’s account on the social platform X announcing the approval of a long-awaited bitcoin exchange-traded fund was “unauthorized,” and that the agency’s account was hacked.

convicts of Bilkis Bano case. «The Maharashtra government should not give any relief. This was a serious and heinous crime.

The SEC has not approved Bitcoin ETFs, as reported earlier on the SEC's official X account. SEC Chairman Gary Gensler said the account was «compromised.»

Jyoti CNC Automation IPO: The initial public offering of Jyoti CNC Automation Limited has opened today and it will remain open for subscribers till 11th January 2024. This means the public issue will remain open from Tuesday to Thursday this week. The CNC machines maker company has fixed the Jyoti CNC Automation IPO price band at ₹315 to ₹331 per equity share.

Federal Reserve Governor Michelle Bowman, who had been one of the central bank's staunchest advocates for tight monetary policy, said Monday she's adjusted her stance somewhat and indicated that interest rate hikes are likely over.

social media platforms over the weekend that they had cancelled plans to travel to the island nation. Some companies have, however, seen a surge in queries for Lakshadweep, they said. It comes in the wake of the row over derogatory remarks against India and Prime Minister Narendra Modi posted on X by three now-suspended junior Maldivian ministers after PM Modi’s posts promoting tourism in the Lakshadweep islands. “We haven’t seen any immediate cancellations for our flights, but since it’s a developing situation, we will be observing closely and will be monitoring the situation after a week,” Deepak Rajawat, chief commercial officer of Vistara, said in response to a query from ET. There are 58 weekly flights between India and the Maldives, operated by IndiGo, Vistara and Air India. IndiGo has seen no immediate cancellations or impact on forward sales, said people with knowledge of the matter. However, the airline did not respond to ET’s queries in this regard. Indigo has cancelled direct flights between Delhi and Male from January 17 as it has been forced to rejig its network due to the grounding of aircraft over issues with the Pratt & Whitney engines fitted in its 150 Airbus A320 aircraft.

Despite the early negative sentiment among analysts, 2023 was a year of strong gains.

'I do not think the Bank will be able [to lower rates] because I do not think inflation will come down much further or much faster. I think we are stuck with a fairly sticky inflation situation,' she said.

Ben Zhou, the co-founder and CEO of Bybit has expressed optimism over the approval of spot Bitcoin ETF but he also believes that this is not a “make or break” scenario for the leading cryptocurrency.

Read Bilkis Bano case LIVE updates The top court said that the State of Gujarat was not competent to to grant remission to 11 convicts sentenced to life term for the gangrape of Bilkis Bano and killing her family members during the 2002 Gujarat communal riots. A bench of Justices BV Nagarathna and Ujjal Bhuyan pronounced the judgement on Monday. The Supreme Court also pulled up the Gujarat government for passing remission orders in August 2022 in a cyclostyled manner, with no application of mind.

By Joseph Ax and Brendan O'Brien

NCP leader and Maharashtra Deputy Chief Minister Ajit Pawar on Sunday took a veiled jibe at his uncle Sharad Pawar over his age, saying some people are not ready to retire even though they are in their 80s. «Employees of Maharashtra government retire at the age of 58. Most people normally stop their active professional life after turning 75.

Bangladesh Nationalist Party (BNP) did not participate in the parliamentary elections because it knew that it would lose, Home Minister Asaduzzaman Khan said on Sunday. «The BNP has taken a strategy of boycotting the election with various excuses, various demands. They participated in the 2018 election and got some parliamentary seats, but this year they did not participate knowing they would be defeated,» Khan, a senior leader of the ruling Awami League, was quoted as saying by the Dhaka Tribune newspaper. Khan made the comments while talking to reporters after casting his vote at Monipuripara in Dhaka's Farmgate area.