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LEGAL NEWS NEWS CATEGORIES 

Allegations against Malik appear to be well-founded, says PMLA court

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Prima facie, there are reasonable grounds to believe that allegations against Maharashtra minister Nawab Malik are “well-founded”, observed a special court here while remanding him in the custody of the ED in connection with a money laundering case. Special judge R N Rokade, designated to hear matters related to the Prevention of Money Laundering Act (PMLA), also said that sufficient time is required to be granted for the investigation of the offence and Malik’s custodial interrogation was necessary. The court on Wednesday remanded Malik, a senior NCP leader, in the…

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BUSINESS NEWS CATEGORIES 

Sensex, Nifty rebound 2% tracking recovery in Asian markets

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Domestic equity benchmarks Sensex and Nifty rebounded over 2 per cent in opening trade on Friday in line with higher Asian bourses as investors assessed long-term risks of the Ukraine conflict. The BSE Sensex climbed 1,140.58 points or 2.09 per cent to trade at 55,670.49 in opening deals, and the NSE Nifty traded higher by 344.10 points or 2.12 per cent at 16,592.05. On the Sensex chart, IndusInd Bank, Tata Steel, Bajaj Finance, Bajaj FinServ and SBI emerged as top gainers — rising as much as 6 per cent. On…

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NATIONAL NEWS NEWS CATEGORIES 

PM bats for indigenous manufacturing in defence sector

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 Cyber security is no longer limited to just the digital world as it has now become a matter of national security, Prime Minister Narendra Modi said on Friday. He also noted that the process of importing defence items is so long that by the time they reach our security forces, many of them have become outdated and therefore, the solution is to go for indigenous manufacturing. “Even during the period of slavery and immediately after Independence, the strength of our defence manufacturing was very high. Weapons made in India played…

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NEWS CATEGORIES WORLD NEWS 

UNSC to vote on resolution condemning Russian invasion in Ukraine; US says fully expect Moscow to veto

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The UN Security Council will vote on a draft resolution on Friday tabled by the US and Albania that will condemn in the strongest terms possible Russia’s aggression, invasion and violation of Ukraine’s sovereignty, a move that seeks to isolate permanent and veto-wielding member Moscow on the global stage after Russian President Vladimir Putin’s decision to attack its neighbour. The Council will vote on the draft resolution at 3 pm Friday (New York time), two days after it held an emergency meeting on the situation in Ukraine just as Putin…

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ENTERTAINMENT NEWS CATEGORIES 

SC dismisses plea seeking stay on release of Alia Bhatt-starrer Gangubai Kathiawadi

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The Supreme Court on Thursday dismissed a plea seeking stay on the release of Bollywood movie Gangubai Kathiawadi. The Alia Bhatt-starrer, produced by Sanjay Leela Bhansali’s Bhansali Production Private Ltd, is scheduled for release on Friday. A bench of Justices Indira Banerjee and J K Maheswari dismissed the plea of Babuji Rawji Shah, who claims to be the adopted son of Gangubai, against the Bombay High Court’s order declining him various reliefs such as interim stay on the release of the movie. “SLP dismissed. Reasons to follow,” the bench said.…

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LEGAL NEWS NEWS CATEGORIES 

Process of appointing Lokayukta going on, Delhi govt tells HC

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The Delhi Government Thursday told the Delhi High Court that the process of appointing a Lokayukta, as promised by the Aam Aadmi Party (AAP) in its election manifesto of 2020, was going on. The submission was made in response to a public interest litigation seeking a direction to the AAP government here to appoint within one month a Lokayukta as promised by the party in its election manifesto. Noting the submission of the counsel for Delhi government, a bench of Chief Justice D N Patel and Justice Jyoti Singh listed…

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BUSINESS NEWS CATEGORIES 

Rupee plummets 102 paise to close at 75.63/USD amid Ukraine crisis

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The rupee tanked 102 paise to close at 75.63 (provisional) against the US currency on Thursday as riskier assets took a hit after Russia launched military operations against Ukraine. Forex traders said sustained foreign fund outflows, heavy selling in domestic equities and elevated crude oil prices weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 75.02 against the American dollar but later dropped to a low of 75.75 against the greenback. The local unit finally finished at 75.63, down 102 paise from the previous close.…

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NATIONAL NEWS NEWS CATEGORIES 

Ukrainian airspace closed; Air India plane departs from Delhi to bring back Indians from Ukraine

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An Air India plane took off for Ukraine on Thursday morning to bring back Indians from the eastern European nation, which is now facing a Russian offensive. However, as the Ukrainian authorities on Thursday morning closed the country’s airspace for civil aircraft operations, Air India and the central government are considering whether the plane should be called back or allowed to continue on its journey, officials said. The Air India flight AI 1947 started from the Indira Gandhi International Airport (IGIA) here at around 7.30 am for Boryspil International Airport…

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NEWS CATEGORIES WORLD NEWS 

Ukraine conflict: Oppn attacks govt on evacuation strategy, says despite repeated warnings it failed to act

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As Russia launched an offensive against Ukraine, Opposition leaders, mostly from the Congress, on Thursday attacked the government for not making arrangements in time to bring 20,000 Indians in Ukraine back and accused it of “turning away its face” on its nationals in this difficult time. Some of the Congress leaders also demanded that India should take a firm stand and “unequivocally condemn” Russia’s action. Attacking the government for not acting despite repeated warnings, the Congress asked why it had not made arrangements in time to bring 20,000 Indians in…

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ENTERTAINMENT NEWS CATEGORIES 

Oscars to present 8 awards before live telecast

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In a big change, the Academy of Motion Picture Arts and Sciences have decided that winners for eight categories will be presented off air during the 2022 Oscars. On Tuesday, a letter was sent to nominees and Academy members informing them of the change that is intended to improve the dwindling viewership numbers of the Oscars broadcast. The 94th Academy Awards will begin an hour earlier to present eight awards categories — Documentary Short, Film Editing, Make-up and Hairstyling, Original Score, Production Design, Animated Short, Live Action Short, and Sound…

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