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FINANCIAL IMPLICATIONS OF COURT RULING
Bank failed to return Rs 5 lakh FD after maturity; Kerala HC directs bank to repay FD with 12% interest and Rs 10,000 compensationThe Kerala High Court has ruled that a bank dealing with public funds owes a duty to its depositors to make prompt payment of the funds dep...
Right to walk, but where? Supreme Court ruling shines light on Delhi's footpathsDelhi's Supreme Court ruling declares walking on footpaths a fundamental right, yet citizens face daily struggles with damaged, missing, or...
Sebi rejects Anil Ambani's Reliance Infra settlement applicationIndia's market regulator has rejected Anil Ambani's settlement bids concerning allegations of misusing nearly $700 million in company funds...
Patna court extends stay on Khan Sir's arrest till June 30 in coaching institute firing caseA Patna court has extended educator Faisal Khan, known as Khan Sir, protection from arrest until June 30 in connection with a firing incide...
Builder delayed society formation for 9 years, Homebuyers took matters into their own hands; Bombay HC backs residentsThe Bombay High Court has ruled in favor of homebuyers, allowing them to form a single housing society for a multi-tower project. The court...
'BJP gang won't escape God's audit': Akhilesh Yadav trains guns on Ram Mandir donation rowSamajwadi Party chief Akhilesh Yadav criticized the BJP over the Ram Mandir donation row, linking Champat Rai's resignation to alleged fina...
One year of Election Commission's Special Intensive Revision: Over 5.8 crore names deleted from electoral rollsOver 5.8 crore voters have been removed from electoral rolls across 12 states and Union territories in a year-long purification drive by th...
Swatch claiming $170 million in damages against Samsung over trademark infringement: FTSwiss watchmaker Swatch is demanding $170 million from Samsung, alleging the tech giant facilitated digital replicas of Swatch's iconic wat...
Ram temple donation row: Congress demands SC-monitored probe, dissolution of TrustAmid allegations of donation embezzlement at Ayodhya's Ram temple, the Congress has demanded a Supreme Court-monitored probe and the dissol...
Bank fraud cases: CBI flags issue of pending sanctions to probe bank officials in corruption casesThe CBI has highlighted significant delays in obtaining sanctions to probe and prosecute bank officials for corruption and fraud. This hurd...
The Passport act: Why the little book was never a proof of citizenshipA recent statement by the Ministry of Foreign Affairs clarifying that a passport is not proof of citizenship has sparked debate. Indian cou...
US Supreme Court paves way for deportation of Haitians, SyriansThe US Supreme Court has upheld a Trump-era decision to end deportation protections for approximately 350,000 Haitians and 6,000 Syrians. I...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
Ayodhya Ram Temple Trust's financial row: Petition filed in SC seeks court-monitored probeA new Supreme Court petition demands a court-monitored probe into alleged financial irregularities within the Shri Ram Janmabhoomi Teerth K...
Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...