The RBI has recently placed Shirpur Merchant’s Co-operative Bank in Maharashtra under moratorium due to a liquidity crunch. As a result, the bank is currently not allowed to accept new deposits or disburse funds to its customers. However, these restrictions do not implicate the cancellation of bank banking licenses, but it is crucial to understand […]
In a significant development in the Indian Securities market, the Securities and Exchange Board of India (SEBI) has directed influencer Ravindra Bahrti to repay a sum of Rs 12 crore due to unlawful gains made through false promises of astronomical (1000%) returns. This action underscores SEBI’s commitment to protecting investors’ interests and maintaining market integrity. […]
Mumbai Indians(MI) have carved their names in history, by becoming the first team to achieve a remarkable milestone-150 victories in T20 cricket. This monumental achievement came against the Delhi Capitals (DC) at their home ground, Wankhede Stadium, in an Indian Premier League (IPL) encounter, showcasing a spectacular display of their cricket prowess. The victory wasn’t […]
After a disheartening defeat from Kolkata Knight Riders (KKR) by 106 runs in IPL 2024, Delhi Capital (DC) hit another roadblock. BCCI has penalized the team for a second offense of maintaining a slower over rate, which is a breach of the Code of Conduct. Pant was slapped with an INR 24 lakh fine while […]
India in recent years has presented itself as a land of opportunities, be it Bollywood, or online content creation. Following the same pattern India is expected to see growth of 25% by 2026 in the influencer marketing industry, according to a joint report by EY and Collective Artists Network’s Big Bang Social. That means the […]
Dr. Manmohan Singh, India’s esteemed former Prime Minister and architect of India’s economic reforms, concluded his remarkable 33-year tenure in the Rajya Sabha on Wednesday. His departure signifies the end of an era, marked by astute leadership and significant contributions to the nation’s development. At the age of 91, Manmohan Singh began his journey in […]
Patanjali and its Founder Baba Ramdev found themselves in the hot seat as they appeared before the Supreme Court today. They have been summoned regarding allegations of misleading advertisements for Patanjali Ayurvedic Products. Previously, the apex court had criticized Patanjali for failing to comply with its directives and demanded the personal presence of both Yoga […]
In a narrative that defies conventional political norms, K Padmaranjan, a 65-year old tyre repair shop owner from Salem, Tamil Nadu is no stranger to the hustle and bustle of elections. Popularly known as the “Election Kind”, Padmaranjan has carved a unique niche for himself in the political landscape. He has contested a staggering 238 […]
In a recent development after the arrest of Delhi Chief Minister Arvind Kejriwal and former Deputy Chief Minister Manish Sisodia, the Enforcement Directorate (ED) has now summoned Delhi’ Transport Minister and AAP leader, Kailash Gahlot, for further questioning in connection with the ongoing investigations into the liquor policy case. This move comes as a part […]
Indian food delivery giant Swiggy is preparing for a much-anticipated initial public offering (IPO), but the road ahead seems to be filled with potholes. The internal document obtained by Reuters, reveals a significant loss of $200 million for the nine months leading up to December 2023, adding to the company’s abundant $500 million loss for […]