BUSINESS NEWS CATEGORIES 

Govt appoints SBI MD Ashwini Bhatia as Sebi member

The government has appointed State Bank of India (SBI) managing director Ashwani Bhatia as whole-time member (WTM) of the Securities and Exchange Board of India (SEBI). The Appointments Committee of the Cabinet (ACC) has approved the appointment of Bhatia as a member initially for a period of three years from the date of assumption of charge, sources said. With Bhatia getting appointed as WTM, there is now only one post of WTM left to be filled in SEBI, sources said. Bhatia, who is due to retire in May, this year,…

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NEWS CATEGORIES WORLD NEWS 

Ukraine war at 2-week mark: Russians slowed but not stopped

Two weeks into its war in Ukraine, Russia has achieved less and struggled more than anticipated at the outset of the biggest land conflict in Europe since World War II. But the invading force of more than 150,000 troops retains large and possibly decisive advantages in firepower as they bear down on key cities. Moscow’s main objective toppling the Kyiv government and replacing it with Kremlin-friendly leadership remains elusive, and its overall offensive has been slowed by an array of failings, including a lack of coordination between air and ground…

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LEGAL NEWS NEWS CATEGORIES 

Kerala HC dismisses Dileep’s plea against further probe in actress assault case

The Kerala High Court on Tuesday dismissed actor Dileep’s plea opposing further probe in the 2017 actress assault case and permitted the Crime Branch to go ahead with the investigation. The order was passed by Justice Kauser Edappagath who said that the investigating agency has to complete the further probe as expeditiously as possible and not later than April 15. The actor, represented by senior advocate B Raman Pillai and advocates Philip T Varghese and Thomas T Varghese, had contended that the further investigation was a “sham” and an attempt…

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BUSINESS NEWS CATEGORIES 

Sensex sprints 1,595 pts, Nifty tops 16,750 tracking rally in global equities

Equity benchmark indices continued their winning momentum on Thursday and jumped nearly 3 per cent in the opening trade, tracking an overall bullish trend in global markets. The 30-share BSE benchmark index opened in the green and further zoomed 1,595.14 points or 2.91 per cent to 56,242.47, continuing its rally for the third day. Similarly, the NSE Nifty jumped 411.95 points or 2.52 per cent to 16,757.30. From the 30-share Sensex pack, Axis Bank, State Bank of India, ICICI Bank, Indusind Bank, Maruti Suzuki India and Hindustan Unilever Limited were…

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NEWS CATEGORIES WORLD NEWS 

House approves ban on Russian oil to US, bolstering Biden

The House overwhelmingly approved legislation Wednesday night that would ban Russian oil imports to the United States, an effort to put into law the restrictions announced by President Joe Biden in response to the escalating war in Ukraine. Going further than Biden’s import ban on Russian oil, the bill making its way through Congress would also encourage a review of Russia’s status in the World Trade Organization and signal U.S. support for sanctions on Russian officials over human rights violations, as the U.S. works to economically isolate the regime. Lawmakers…

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NATIONAL NEWS NEWS CATEGORIES 

BJP set for big win in Uttar Pradesh, party alliance leading in 269 seats

The ruling BJP seems to be on course to retain power in Uttar Pradesh, with poll trends on Thursday showing the party alliance leading in 269 seats as against 121 of its nearest rival Samajwadi Party. The state has 403 assembly seats and 202 seats are needed to form a majority government. Trends are available for 399 seats so far. Prominent candidates who have secured a lead include Chief Minister Yogi Adityanath from Gorakhpur, SP chief Akhilesh Yadav from Karhal, Shivpal Yadav from Jaswant Nagar and CLP leader Aradhana Shukla…

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LEGAL NEWS NEWS CATEGORIES 

Delhi HC dismisses former WB chief secy challenge to transfer of CAT proceedings

The Delhi High Court on Monday dismissed former West Bengal chief secretary Alapan Bandyopadhyay’s challenge to the transfer of his application concerning proceedings against him from Kolkata to New Delhi by the Central Administrative Tribunal (CAT). A bench of Chief Justice D N Patel and Jyoti Singh said there was no reason to interfere with the transfer, and clarified that it was not expressing any opinion on the merits of the proceedings against him. Bandyopadhyay had moved the Kolkata bench of the CAT to challenge the proceedings initiated against him…

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NEWS CATEGORIES WORLD NEWS 

India and US to collaborate on building resilient supply chains: USTR report

As part of its efforts to address the global supply chain crisis, the Joe Biden administration plans to collaborate with India on building resilient supply chains and promote a transparent rules-based trading system for market economies and democracies, the US Trade Representative has told Congress. In its 2021 Annual Report to Congress, the US Trade Representative (USTR) said the United States and India share a dynamic and important trade and investment relationship. In 2021, the United States and India relaunched the United States India Trade Policy Forum (TPF), which had…

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NATIONAL NEWS NEWS CATEGORIES 

LG Baijal reviews implementation status of central govt schemes in Delhi

Lt Governor Anil Baijal on Tuesday reviewed the implementation status of various flagship schemes of the central government including one nation one ration card (ONORC) and PM Awas Yojna (PMAY) in Delhi and directed the officers of departments concerned to stick to given timelines. He appreciated progress made in implementation of the schemes, particularly the ONORC. Officials of Industries department and local bodies were advised by him to ensure early disposal of applications pending for sanction and disbursal of loans under PM SVANidhi and PM Formalization of Micro Food Processing…

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BUSINESS NEWS CATEGORIES 

Sensex, Nifty fall for fifth straight session on weak global trends, oil prices

 Equity benchmarks Sensex and Nifty fell for the fifth straight session on Tuesday in tandem with weak global trends as simmering tensions between Russia and Ukraine kept investors on the sidelines. The 30-share BSE Sensex opened on a weak note and further tumbled 432.36 points or 0.81 per cent to 52,410.39 amid firming oil prices and relentless selling by foreign institutional investors. Similarly, the broader NSE Nifty declined 115.75 points or 0.72 per cent to 15,747.40 in opening trade. On Monday, the Sensex ended at 52,842.75, down 1,491.06 points or…

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