Kingdon-Hindenburg link denied by Kotak Mahindra bank

Kotak Mahindra International Limited (KMIL) has firmly denied any collusion with hedge fund Kingdon Capital and research firm Hindenburg regarding the significant drop in Adani group company shares following the release of the Hindenburg report.

India's infrastructure boom needs a workforce fix

As India’s ambitious corporate sector strives for rapid growth, it faces a significant hurdle: an acute shortage of both skilled and unskilled workers.

Examining GST revenue, implications for centre-state fiscal balance

With the expiration of the transitional compensation mechanism and the impending repayment of loans taken during Covid, the focus has shifted to the future of the Goods and Services Tax (GST) compensation cess.

SURGE IN NEW WORK LIFTS INDIA'S SERVICE SECTOR PMI IN JUNE

The HSBC PMI for India’s services sector rose to 60.5 in June, signalling sustained growth with a sharp increase in new orders and international sales, and the fastest staffing growth since August 2022

Maharashtra college bans jeans, T-shirts, and jerseys, issues notice

Acharya Marathe College in Chembur, Maharashtra, has sparked controversy by banning jeans on campus.

Kotak fund unaware of Hindenburg's investor ties

Kotak Mahindra group said Hindenburg Research was never a client of Kotak group’s K- India Opportunities Fund (KIOF) and Kotak Mahindra International Ltd (KMIL) and that the fund was unaware of the US short seller being a partner of any of its investors.

CJI DY Chandrachud declines to comment on new criminal laws, says issues are sub-judice

The Chief Justice of India, DY Chandrachud, refused to say anything regarding the three new Criminal Acts which came into effect on July 01, 2025.

Maharashtra govt to probe alleged drone surveillance of Maratha quota activist Jarange

Reports have surfaced that drones are being used to surveil Maratha reservation campaigner Manoj Jarange Patil in his village, Antarwali Sarathi, located in the Ambad tehsil of Jalna district, Maharashtra.

SHIV SENA (UBT) FIELDS MILIND NARVEKAR FOR MAHARASHTRA LEGISLATIVE COUNCIL POLLS

In a strategic move, the Shiv Sena (UBT) has nominated Milind Narvekar as its candidate for the Maharashtra Legislative Council elections on July 12. This decision, made on the final day for filing nominations, means the Maha Vikas Aghadi (MVA) will field three candidates, despite having the numbers to secure only two seats.

AUSTRALIA DOUBLES STUDENT VISA FEES, IMPACTING INDIAN APPLICANTS

The Western country has doubled the student visa fees for international students from A$710 (Rs 39,407) to A$1,600 (Rs 88,803)

Prime Minister Narendra Modi attends NDA parliamentary party meeting at Parliament

Prime Minister Narendra Modi delivered a spirited address in the Lok Sabha during the Motion of Thanks to the President’s Address, amidst both accolades from ruling party MPs and protests from opposition members.

Trump seeks to overturn NY hush money conviction after supreme court ruling

Following a crucial U.S. Supreme Court ruling affirming broad presidential immunity from criminal prosecution, former President Donald Trump is launching a renewed legal campaign to overturn his hush-money conviction in New York.

RELIANCE JIO HIKES TARIFFS, AXES POPULAR PLANS; NETIZENS DISAPPOINTED

Reliance Jio has announced a significant tariff increase starting July 3, 2024, and has discontinued two popular prepaid plans, the Rs 395 and Rs 1,559 options

UK ELECTION COULD INFLUENCE POLICIES, TRADE AGREEMENTS, SAYS S&P GLOBAL MARKET INTELLIGENCE

The UK election’s outcome may lead to similar policies between the Conservative and Labour parties, but coalition dynamics and US elections could shape trade relations and tariff strategies significantly.

Banking sector sells off: ICICI, IndusInd, BOB, IDFC First slide up to 3%

On Tuesday, banking stocks faced significant pressure, with the Nifty Bank index falling nearly 1% in intra-day trading on the National Stock Exchange (NSE).

New 5G initiatives and 6G R&D focus possible in upcoming budget

The upcoming Union Budget is expected to introduce several initiatives aimed at accelerating the development of India’s 5G ecosystem and funding research and development for 6G technology, according to officials from the Department of Telecommunications (DoT).

Sensex & Nifty slip slightly, but Infy & L&T gain

Stock Market Highlights on Tuesday, July 2, 2024: Sensex Ends Lower Amid Selling Pressure in Banking and Midcap Stocks

Delhi Govt.-DCW dispute: Swati Maliwal alleges 181 women helpline shutdown

Rajya Sabha MP and former Chief of the Delhi Commission for Women (DCW), Swati Maliwal, has raised serious allegations against the Aam Aadmi Party (AAP)-led Delhi government, accusing it of being determined to dismantle the women’s panel and its associated support structures, including the crucial 181 women’s helpline.

HEXAWARE ON MAJOR HIRING DRIVE: AIMS TO ADD UP TO 8,000 TECH PROFESSIONALS WORLDWIDE

Hexaware plans to hire across various Indian cities, focusing on roles such as ServiceNow Tech Leads, Automation Testing Specialists, AEM Architects, Big Data Leads, and Workday Financial Consultants.

Beauty Garage Professional becomes 1st brand in India to highlight 18-MEA benefits

Beauty Garage Professional, a true made-in-India brand reinventing the hair care industry, has established itself as the first in India to highlight the benefits of 18-Methyl Eicosanoic Acid (18-MEA) in hair care with the launch of its innovative Shea Therapy range. This revolutionary treatment preserves 18-MEA to significantly enhance the hair health.

45-year-old man injured after tree falls in Worli

A 45-year-old man was injured in a tree fall incident in Worli area of central Mumbai, the Brihanmumbai Muncipal Corporation (BMC) said on Monday.

City, suburbs to see moderate to heavy rainfall, says IMD

After experiencing intermittent spells of torrential rainfall for five days since Thursday, the city on July 1 woke up to overcast skies. However, the latest Mumbai weather update states that the city and suburbs will be seeing moderate to heavy rainfall for the next 24 hours.

Thane police issues notification for bars, says 'follow time limit, liquor serving rules strictly"

Maharashtra's Thane Police Commissioner Ashutosh Dhumbre has issued prohibitory orders with regard to 21 items for restaurants, bars and permits rooms till August 27, an official said on Monday.

First FIR registered under new criminal law in Sawantwadi, says Fadnavis

The first FIR under the new Bharatiya Nyay Sanhita (BNS) was registered by the Sawantwadi police in Sindhudurg district in Maharashtra on Monday, Deputy Chief Minister Devendra Fadnavis said in the state assembly.

BJP fields Pankaja Munde, four others for Maharashtra council elections

Maharashtra BJP on Monday announced the candidatures of OBC leader and former minister Pankaja Munde and four others for the upcoming polls to the state legislative council.

SEARCH OPERATION RESUMES FOR 2 MISSING FAMILY MEMBERS IN LONAVALA DROWNING

On Monday morning, search and rescue operations resumed for the second day following the Lonavala drowning incident. The Indian Navy has deployed its divers for the operations.

Madras High Court Seeks Status Report On Plea Seeking Injury By Retired High Court Judge Into Protests In Savukku Shankar Case

The Madras High Court in the case ML Ravi v Secretary and Others observed and has directed the Tamil Nadu police for filing a status report on the action taken with regards to the flinging of broomsticks by some women protestors when Youtuber Savukku Shankar was produced in courts.

Bombay High Court Chief Justice On Enforcement Of New Criminal Laws: Teething Problems Bound To Occur But Robust Judicial System Will Meet All Challenges

The Chief Justice Devendra Kumar Upadhyaya of the Bombay High Court recently expressed confidence in the robustness of the judicial system to meet challenges in implementing the three new criminal laws, which have come into force on July 01, 2024.

Calcutta High Court Imposed 10K Cost On Litigants For Filing 'Fake' Post-Poll Violence Case

The Calcutta High Court in the case Gopa Das vs. State Of west Bengal And Ors observed and has imposed a fine for an amount of Rs 5000 each on a petitioner and defendant for filing a fake case which relates to post-poll violence in West Bengal in the aftermath of the Lok Sabha Elections 2024.

Arvind Kejriwal Moves Delhi High Court Challenging Arrest, CBI Remand | Liquor Policy

The Chief Minister Arvind Kejriwal has moved the Delhi High Court challenging his arrest as well as Central Bureau of Investigation, CBI remand in the corruption case which relates to the alleged liquor policy scam.