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preventive detention is a draconian measure and any such move based on a capricious or routine exercise of powers must be nipped in the bud, the Supreme Court has set aside a Telangana High Court order rejecting a detenu's appeal. A bench headed by Chief Justice of India D Y Chandrachud on Thursday said the essential concept of preventive detention is that the detention of a person is not to punish him for something he has done but to prevent him from doing it. «Inability on the part of the state's police machinery to tackle the law-and-order situation should not be an excuse to invoke the jurisdiction of preventive detention,» the bench also comprising Justice J B Pardiwala and Justice Manoj Misra said. «Preventive detention being a draconian measure, any order of detention as a result of a capricious or routine exercise of powers must be nipped in the bud. It must be struck down at the first available threshold,» the top court said.

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IPL match. PBKS lost that match and ended IPL 2023 at number 8 on the points table. Delhi, without Pant, had an uneventful IPL that year as well.

Gold rate today: On account of three interest rate cuts in 2024 by the US Federal Reserve, gold price on the Multi Commodity Exchange (MCX) touched a new high of ₹66,943 per 10 gm last week. However, profit-boking soon triggered and the yellow metal price retraced more than ₹1,000 per gm and ended at ₹65,870 level on Friday. After ending below the ₹66,000 mark, the MCX gold rate logged a 5.30 percent rise in MTD time whereas spot gold price ascended to the tune of 6 percent in the international market.

Edited Excerpts of an interview with Livemint 1) How do you assess the current domestic and global market conditions, and what factors are you closely monitoring? Inflation and geopolitical tension are the main factors impacting the global economy at present. US inflation, still hovering above the 3% level is proving to be stickier and more persistent, hence rates are likely to remain higher for the time being and any cut is unlikely in 1HCY24. To add to the concerns, the Red Sea attack by the Houthis added to higher freight rates across the globe.

Arvind Kejriwal has prompted many to demand his resignation from the post. Kejriwal is also the Aam Aadmi Party's (AAP) national convenor. His arrest in connection with the money laundering case linked to the excise policy has already raised questions about the party's next leadership.

Two RIAs are coming together to elevate their ability to service high-flying aerospace executives in Seattle.

(Reuters) -UnitedHealth Group said on Friday it expects more than $14 billion in medical claims to start flowing soon through its unit Change Healthcare (NASDAQ:CHNG) as several services for handling them gradually come online over the next few weeks following a cyberattack last month.

Investing.com — Masimo (NASDAQ:MASI) said Friday that it was weighing up whether to spin off its consumer business as the company looks to bolster growth in its healthcare business.   

Reserve Bank of India (RBI) data showed that credit card transactions increased to Rs 1.7 lakh crore in January from Rs 1.3 lakh crore a year ago. In volume terms, the increase was 26%, to 330 million from 260 million, during this period. E-commerce transactions and bill payments formed more than half the total transactions, the data showed. Experts said the bulk of the online purchases were by the younger generation who also enjoyed the additional credit benefit of equated monthly instalments (EMIs) and ‘buy now, pay later’ (BNPL) schemes.

Credit card transactions surged 30% year-on-year in January despite regulatory restrictions on some business payments through this mode as reward points offered by banks were lucrative, as were the repayment terms, said experts. Reserve Bank of India (RBI) data showed that credit card transactions increased to ₹1.7 lakh crore in January from ₹1.3 lakh crore a year ago. In volume terms, the increase was 26%, to 330 million from 260 million, during this period. Ecommerce transactions and bill payments formed more than half the total transactions, the data showed. Experts said the bulk of the online purchases were by the younger generation who also enjoyed the additional credit benefit of equated monthly instalments (EMIs) and 'buy now, pay later' (BNPL) schemes.

Allahabad High Court on Friday declared the UP Board of Madrasa Education Act, 2004, as unconstitutional, ruling that it was violative of the principle of secularism, articles 14, 21, 21-A of the Constitution as well as section 22 of the University Grants Commission, Act of 1956. The court, considering the large number of madrasas and madrasa students in the state, directed the state government to accommodate these students in regular schools recognised under the primary, high school and intermediate education boards of the state. It also said that additional seats be created (in these schools) and even new schools be established, if needed. The court gave the verdict on a plea filed by advocate Anshuman Singh Rathore, who had challenged the constitutionality of the law passed by the then Mulayam Singh Yadav government .«No doubt the state has sufficient power to frame laws with regard to education to be provided at school level, both primary and thereafter up to intermediate; however, such education has to be secular in nature,» the court said. «The state has no power to create a board for religious education or to establish a board for school education only for a particular religion and philosophy associated with it. Any such action on part of the state violates the principles of secularism, which is in the letter and spirit of the Constitution of India.»

BJP on Friday decided to go alone in the upcoming Lok Sabha as well as assembly polls in Odisha after holding several rounds of discussion for a possible alliance with the BJD. As per sources, the BJP leadership, after getting a grassroots-level feedback on the prospects of the alliance in Odisha, felt that an alliance would benefit the BJD more than the BJP. Serious deliberations have been going on in the BJP for quite some time to explore the possibility of an alliance between the two parties. Sources in the BJP told ET that efforts were made by the top leadership of both the parties over an alliance in the state. Ever since VK Pandian, former IAS officer and the close aide of Odisha chief minister Naveen Patnaik joined politics, there was a murmur over an outsider taking control of the BJD as well as the state.

Delhi chief minister Arvind Kejriwal to custodial interrogation of the Enforcement Directorate till March 28. Terming Kejriwal as «kingpin and key conspirator» in the Delhi excise policy case, ED had sought 10 days' custody. Significantly, the remand paper filed by ED alleged that «Aam Aadmi Party has committed the offence of money laundering» through Kejriwal. This is the first time that the federal agency has accused AAP of money laundering in a court of law. As reported by ET on January 7, ED was contemplating invoking Section 70 (1) of PMLA to make AAP an accused in the case. As per the section: «Where a person committing a contravention of any of the provisions of this Act or of any rule, direction or order made thereunder is a company, every person who, at the time the contravention was committed, was in charge of, and was responsible to the company, for the conduct of the business of the company as well as the company, shall be deemed to be guilty of the contravention and shall be liable to be proceeded against and punished accordingly.»

An expert reasons that it is to do with the draining of two major lakes on the city’s eastern side — Varthur and Bellandur — that have kept the city’s underground aquifers underfed. Bangalore and its surroundings are a rainwater-fed civilisation. The nearest river, the Cauvery, is about 100 kilometres away, and can only meet the city’s water needs partially.

Vedanta Ltd are concerned about the lack of clarity on how their debt will be split among the various business units following the mining behemoth’s proposed demerger, said two bankers aware of the discussions. The lenders’ consortium, whose clearance is required for the merger to go through, is yet to schedule a meeting to decide on the matter. The bankers, who are part of the consortium, said the lead lender State Bank of India (SBI) has informed them that its subsidiary SBI Capital Markets (SBI Caps) is looking at the demerger proposal floated six months ago.

I have a good job, a loving husband, healthy kids and a comfortable home. I came late to it all and I sometimes can’t believe my luck: that the sleep-warm little bodies I help dress in the morning are my own children, that the man in my bed at night helped me make them. But the clichés about motherhood and aging and that ever-elusive work-life balance did not quite prepare me for the clichés of my life.

Ralph Fiennes and Indira Varma lead a stellar cast in a gripping rendition of Shakespeare's Macbeth, now set to captivate audiences in select theaters for a brief two-day run. Directed by Simon Godwin, this acclaimed production promises a modern twist on a timeless classic.

Hermes is facing a class-action suit in California for 'forcing' customers to buy more of its accessories and trot up a 'sufficient purchase history' if they hope to purchase the French luxury design house's iconic Birkin bag. The plaintiffs are arguing this is anti-competitive behaviour that coerces consumer behaviour to become eligible for a 'sale'.

For the first time in a long time, financial advisors are thinking small.

Donald Trump is returning to the stock market