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Samagra shiksha project: Resource persons engaged by Chandigarh entitled to DA, rules HC

Chandigarh, Feb. 25 -- The Punjab and Haryana high court (HC) has ruled that resource persons, engaged by the UT administration under the Centre's Samagra Shiksha Project, are entitled to dearness all... Read More


Supplementary demands hit record rRs.r1.44 lakh crore, over 20% of Maha budget

India, Feb. 25 -- Already burdened by expenditure on populist welfare schemes, the Mahayuti government on Tuesday tabled supplementary demands of Rs.11,995 crore in the state legislature, taking the t... Read More


Stock recommendations for 25 February from MarketSmith India

Stock market recap, Feb. 25 -- The Indian equity benchmarks faced significant selling pressure on Tuesday, with Nifty 50 plunging 288.35 points (1.12%) to settle at 25,424.65, and BSE Sensex plummetin... Read More


Suzlon Energy rejigs top deck with an eye on growth, diversification

Mumbai, Feb. 25 -- Suzlon Energy Ltd on Tuesday announced a leadership rejig with an eye on expansion, as long-time chief executive J.P. Chalasani moved on to oversee the group's newer projects and a ... Read More


India's instant loan boom spawns a new breed of micro-settlement platforms

New Delhi, Feb. 25 -- Kundan Shahi first built LegalPay, a startup that finances litigation, in late 2019, before stumbling upon a different kind of distress: consumer debt. As unsecured personal loan... Read More


RBI master circular on fraud tag can't be interpreted to prejudice banks: HC

India, Feb. 25 -- The Reserve Bank of India's (RBI's) Master Directions on classifying debtors' accounts as fraud cannot be interpreted to cause prejudice to lender banks and harm their interests, a d... Read More


IDFC First fraud: What does the Rs.590-crore scam mean for the bank?

Mumbai, Feb. 25 -- The suspected fraud at IDFC First Bank's Chandigarh branch, disclosed on 22 February, sent the lender's shares tumbling as much as 18% by 24 February. Even as the Reserve Bank of In... Read More


Operation Sindoor may be longest beyond-visual-range air battle ever: IISS

London, Feb. 25 -- The International Institute for Strategic Studies (IISS), a leading London-based authority on military, political and security matters, thinks the India-Pakistan military stand-off ... Read More


Tug of war: can banks save the Nifty from IT's AI blues?

New Delhi, Feb. 25 -- Domestic equity markets have been pulled in opposite directions this February by their two most influential sectors. Rising worries about artificial intelligence (AI) disrupting ... Read More


Ranchi air ambulance crash: Plane did not have black box, say officials

India, Feb. 25 -- The medical evacuation aircraft that crashed in Jharkhand Monday night, killing all seven people on board, had no black box, officials familiar with the matter told HT, in what would... Read More