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Aam Aadmi Party’s Rajya Sabha MP Sawti Maliwal on Monday broke down in Delhi’s Tis Hazari Court during the hearing of Delhi CM Arvind Kejriwal’s aide Bibhav Kumar’s bail plea case. Maliwal while addressing Delhi High Court said that if the accused is released on bail, there would be a threat to me and my family. After hearing arguments from both the sides, the court reserved the order on bail of Bibhav Kumar. Here are the top quotes and arguments from the hearing:

The US Securities and Exchange Commission’s approval of spot Ethereum ETFs last week has ignited pressure on South Korea’s financial regulators to greenlight similar crypto exchange-traded funds.

Indian government's capital spending, recovery in private consumption and investment are expected to help carry forward the economic momentum post-elections, S&P Global Market Intelligence said Monday. The global research firm further noted that policy focus will likely remain on strategic sectors, like renewables, electronics, textiles, digital infrastructure, logistics, food production and services. “These sectors drive Indian macroeconomic stability and growth, are of relevance to climate policy and energy transition, and support domestic employment. The parties also widely consider further development of these sectors to be beneficial for India’s foreign policy objectives,” it said.

Awfis Space Solutions is receiving a strong response from investors, with an overall subscription of 32.81 times so far on the fourth and final day of the bidding process. By 12:51 PM, the issue had attracted bids for 28,31,82,588 shares, or 32.81 times the issue size of 86,29,670 shares. The retail portion of the issue was subscribed 36.9 times, while the non-institutional category saw a subscription rate of 75.93 times. The allocation for qualified institutional bidders was booked 10.08 times.

The remains of an unknown soldier who fought during World War One was returned from France to his home in St. John’s Newfoundland Saturday.

Astra Microwave Products zoomed 14.25% in today's early morning trade to record a new lifetime high of ₹914 apiece following the company's announcement of its best performance on both a quarterly and full-year basis in terms of revenue and profitability.For Q4FY24, the company reported a revenue of ₹354 crore as compared to ₹258 crore in Q4FY23, with 76% of the total revenue attributed to India and the remaining 24% to exports. PAT for Q4FY24 stood at ₹54 crore, a 315% YoY increase from ₹13 crore in Q4FY23.

₹104 to ₹110 per share, while the IPO lot size is 1,200 shares. The minimum investment amount required by retail investors is ₹132,000.

₹250 per share. This decision is detailed in a circular dated May 24, 2024, and marks a strategic move towards improving price discovery in the market.According to some market participants, this measure reflects the intense competition between the NSE and the Bombay Stock Exchange (BSE) for market dominance.

NEW DELHI : Traditional life insurance plans, often known as endowment policies, are frequently marketed as investment products. However, with growing awareness about the importance of separating insurance and investment, many policyholders are now questioning whether to continue with their existing plans or surrender them. This decision is not straightforward, as the cash value received upon surrender is usually significantly lower than the premiums paid.

Financial investments are often planned around life goals — you could be investing to fund your children’s education, for retirement, or to meet other short-term goals like buying a home, etc. They are also made to secure your loved ones, in case something were to happen to you. But, very often primary caregivers end up not informing other family members about the investments they make. In our new video series ‘Money Shots’, Neil Borate, Deputy Editor at Mint explains why adding nominees to investments is key, and how to go about it.

Manappuram Finance with a target price of Rs 225. The current market price of Manappuram Finance is Rs 177.85. Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 15269.68 Crore) operating in NBFC sector.

Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend.

Maldives Ministry of Foreign Affairs co-chaired the India Maldives Review meeting. The two officials took stock of Indian grant-funded high-impact community development projects in Maldives. According to the Indian High Commission in Maldives, India is supporting the implementation of 65 community development projects worth MVR 360 million in Maldives. In a post shared on X, the Indian High Commission in Maldives stated, «India Maldives Review meeting co-chaired by HE Ahmed Naseer, Amb-at-large @MoFAmv and @AmbMunu to take stock of Indian grant-funded high impact community development projects #HICDP. India is supporting implementation of 65 community development projects worth MVR 360 million in Maldives.»

Maldives, Munu Mahawar, and Ahmed Naseer, Ambassador at Large for the Maldives Ministry of Foreign Affairs, co-chaired the India-Maldives Review meeting. The officials reviewed Indian grant-funded high-impact community development projects in the Maldives.According to the Indian High Commission in the Maldives, India is supporting 65 community development projects in the Maldives, valued at MVR 360 million.In a post shared on social media platform X (formerly known as Twitter), the Indian High Commission stated, “India Maldives Review meeting co-chaired by HE Ahmed Naseer, Amb-at-large @MoFAmv and @AmbMunu to take stock of Indian grant-funded high impact community development projects #HICDP.

To add to these harrowing odds, last year was particularly harsh for this merry brigade of rainbow chasers. After a surge in 2021-22, the funding winter in 2023 saw a 72% decline in funding, with only two startups (InCred Finance, Zepto) achieving the unicorn status, compared to 21 and 45 in the previous two years. Yet, many see it as a blip in the overall startup scape. A recent KPMG report claims that venture capital investment in India doubled sequentially in the March 2024 quarter, to reach $3.2 billion across 354 deals, surpassing the global market. India also has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. 80% of startups fail in first 5 years Reasons for failure Why do startups fail?

senior talent pool of LTIMindtree has become a hunting ground for other IT companies one and a half years after the merger that created the country’s sixth largest software services company. LTIMindtree was born out of the merger between L&T Infotech and Mindtree in November 2022. Analysts have attributed this to integration pains. CEO Debashis Chatterjee has said it’s business as usual. While the company is reportedly devising a succession plan, about two dozen senior executives have resigned and joined rivals and other tech companies such as Cognizant, Capgemini, Persistent Systems, Tech Mahindra, Sonata and others, an ET analysis of brokerage house reports and LinkedIn profiles showed.

The first thing one needs to understand when embarking on an investment journey is risk tolerance. The second crucial aspect is ensuring that the investment journey remains stress-free and profitable. Bond investments are one such instrument that ensures investment stability and steady returns.

The rising cost of education is a big worry for today’s young  parents. The best option thus is to plan and accumulate an adequate corpus to meet this expense. Here is a step-by-step guide for creating your child’s higher education corpus.

banks and stressed asset firms last week adopted a 'model agreement' for selling loans, but were unable to reach a meeting point on the tricky issue of 'indemnity' which banks typically refuse to give once sticky assets move out of their books. Lenders, according to documents reviewed by ET, would also have the right to declare an account as 'fraud' and make asset reconstruction companies (ARCs) that acquired the stressed loan responsible for dealing with the investigative agencies looking into the offence. Even though a model template settles several differences arising in the course of loan sales, the two issues, pertaining to indemnity and fraud, place selling banks at a comparatively advantageous position.

Stressed Assets Stabilisation Fund (SASF) of IDBI Bank, which is targeting a recovery of 11.59% by selling non-performing loans worth ₹6,151 crore, has received 18 expressions of interest (EoIs) from asset reconstruction companies (ARCs). The reserve price for the auction is set at ₹713 crore and the sale has drawn interest from large ARCs including Arcil, JC Flowers ARC, Edelweiss ARC, JM Financial ARC and ACRE. Others include Kotak-backed Phoenix ARC, UV ARC, Prudent ARC, Omkara ARC and CFM ARC. The last day for submitting EOIs was May 22. The auction date will be announced after the entities that submitted EoIs complete due diligence on the accounts. The sale will be 100% cash-based, with EY as the process advisor. The portfolio up for assignment and sale comprises 239 cases, with 81 backed by tangible securities and guarantees, having a gross principal outstanding of ₹2,179.51 crore. The remaining 158 cases are supported by guarantees and claims, with an outstanding of ₹3,971.65 crore.

Leaders of China and Japan arrived in Seoul to meet separately with South Korea's president on Sunday, a day before they gather for their first trilateral meeting in more than four years. No major announcement is expected from Monday's trilateral South Korea-China-Japan meeting. But just resuming their highest-level, three-way talks is a good sign and suggests the three Asian neighbors are intent on improving their relations.