Author: Legal Parivar

Congress leader Rahul Gandhi was granted bail by a special court in connection with a case filed by the BJP’s Karnataka unit for issuing “defamatory” advertisements in mainstream newspapers. The advertisement, reported by PTI, accused the then BJP government in the state of indulging in large-scale corruption during its 2019-2023 rule, ahead of Assembly polls last year. The court had previously granted bail to Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar, who is also the State Congress chief, after they appeared before it in connection with the defamation case, according to PTI. Judge K N Shivakumar directed…

The Reserve Bank of India has proposed to include UPI Lite within the e-mandate framework, introducing an auto-replenishment feature for mobile wallets when the balance falls below a user-defined threshold.

The fine amounted to £1.1 million and was linked to a safety incident dating back to 2016, resulting in the injury and subsequent unexpected death of a contractor.

Shares of Compuage Infocom, Future Supply Chain Solutions, Morarjee Textiles, Ambica Agarbathies & Aroma, and Secur Credentials reached their new 52-week lows today. Meanwhile, the Nifty 50 surged by 212.0 points (0.93%), and the Sensex rose by 774.32 points (1.03%) as of June 7, 2024, at 10:59:55 IST. The Bank Nifty also saw an increase of 281.35 points (0.57%) at 10:44:58 IST on the same day. On the flip side, Amara Raja Energy & Mobility, Balkrishna Industries, Aditya Birla Fashion & Retail, Coromandel International, and Uno Minda reached their fresh 52-week highs today. Among the stocks listed in the BSE…

On June 7, Reserve Bank of India (RBI) Governor Shaktikanta Das suggested streamlining the regulations concerning the import and export of goods and services under the Foreign Exchange Management Act (FEMA) 1999.

Home loan interest rates and equated monthly installments (EMIs) will remain unchanged for borrowers as the Reserve Bank of India (RBI) decided to maintain the repo rate steady at 6.5 percent for the eighth consecutive time on June 7.

IRB Infrastructure Developers witnessed a nearly 4 percent surge in its shares on June 7 following a substantial increase in toll collections in May.

PB Fintech, the parent company of Policybazaar, saw its shares decline by over 2 percent on June 7 following a show cause notice issued by market regulator Sebi to company chairperson and CEO Yashish Dahiya regarding a Dubai investment made in 2022.

In its June monetary policy, the Reserve Bank of India (RBI) increased its real GDP growth forecast for FY25 to 7.2% from the previous 7%. This adjustment follows the robust GDP expansion of 8.2% in FY24, surpassing analyst expectations.

This order involves construction and installation work for the barrage complex and part of the head race tunnel (HRT) at the Rammam Hydro Electric Project in West Bengal, to be completed in 66 months, according to a regulatory filing.