The Dalmia Bharat Group has moved the Supreme Court challenging the National Company Law Appellate Tribunal (NCLAT) order approving UltraTech Cements Rs. 7,950-crore bid for Binani Cement. Confirming the development, Mahendra Singhi, MD and CEO, Dalmia Cement (Bharat) Limited told The Hindu , “We have filed an appeal in the …

The debate on opening the shrine to all women is revealing deep casteism and misogyny Sabarimala, it appears, could be our new touchstone for understanding liberals, especially from Kerala. The intellectual emptiness in the arguments of Congress MP Shashi Tharoor and former Foreign Secretary Nirupama Menon Rao on the Sabarimala …

The GSLV-GSAT launch enhances India’s capacity to meet its communication needs The Indian Space Research Organisation has marked a big milestone by successfully testing its heavy-lift launcher while launching an advanced communication satellite. It plans to use this for the Chandrayaan-II moon mission in the early months of 2019. On …

The Union Steel Ministry is concerned over the low level of per capita steel consumption in India, according to Steel Secretary Binoy Kumar. “Per capita steel consumption of steel in India at 69 kg [according to Joint Plant Committee data] is still low compared to the world average of 214 …

Israel and Hamas need to pull back to allow humanitarian intervention in the territory The sudden flare-up in Gaza between Palestinian militant groups and Israel is another grim reminder that the situation in the blockaded Mediterranean strip remains precarious. The latest violence was triggered by a botched spy operation by …

In many recent judgments, the Supreme Court has become hyper-activist in making laws. But can judges legislate? This question has already been answered in the past by the court. In Ram Jawaya v. The State of Punjab (1955), the court observed: “Our Constitution does not contemplate assumption, by one organ …

“What to do with the Kaiser?” is the question most keenly debated in Paris. The French press demands that the Kaiser shall be placed on trial by the free peoples for the murder of millions of men and for the ravaged towns. No agreeable retirement must be allowed him. [In …

The Department of Telecom has instructed State-owned Bharat Sanchar Nigam Ltd. (BSNL) and Bharat Broadband Network Ltd. (BBNL) to submit reports every day on the progress made in the Bharat Net project that seeks to connect 2.5 lakh gram panchayats in the country through high-speed broadband by March 2019. “Despite …

India’s merchandise trade deficit widened in October to $17.13 billion due in large part to a higher oil import bill, official data released on Thursday showed. The trade deficit is wider than the $14.61 billion seen in October of last year and the $13.98 billion in September 2018. Positive growth …

President, Dr. Zakir Husain said here [New Delhi] to-day [November 15] that the draft Fourth Plan will be presented to the National Development Council in January next. The preparation of the Fourth Plan had involved difficult choices at every stage and a re-formulation of basic national policies. Inaugurating the conference …

There is no liquidity crisis in the NBFC sector right now, according to SBI chairman Rajnish Kumar. “There is no liquidity crisis in the NBFC sector… Roll-overs have been successful and all of them have been able to meet their commitments as far as their obligations are concerned,” Mr. Kumar …

Fitch Ratings on Thursday retained India’s sovereign rating at ‘BBB-’, the lowest investment grade rating, although maintaining its stable outlook. The company added that the economy would shrug off any lingering effects of demonetisation and GST during 2018-19 and 2019-20. “India’s rating balances a strong medium-term growth outlook and favourable …

Mahindra Electric Mobility has opened a Rs. 100-crore electric technology manufacturing hub in Bengaluru and rolled out its lithium-ion three-wheeler range on Thursday. Branded under the umbrella of +ME technologies, the facility will make battery packs, power electronics and motor assembly which are an integral part of an electric power …

Ahead of the much talked about board meeting of the central bank, RBI board member S. Gurumurthy Thursday said the stand-off between the government and the Reserve Bank was not a happy situation. The comment comes amid the ongoing rift between the Finance Ministry and the RBI over several issues, …

Speaking for the first time since Sri Lanka’s political turmoil began three weeks ago, former President Chandrika Kumaratunga said she regretted that some in her party were betraying the January 2015 mandate. “The country has reached a dangerous precipice of chaos, anarchy and breakdown of the rule of law,” she …

India and China are set to expand their military ties, in tune with the spirit of the Wuhan informal summit between Chinese President Xi Jinping and Prime Minister Narendra Modi in April. During talks between visiting Defence Secretary Sanjay Mitra and his Chinese counterpart Shao Yuanming, both sides agreed to …

Hardliners rubbish Brexit deal as not securing the country’s sovereignty as promised Following the epic five-hour British Cabinet meeting, during which up to 10 Ministers were said to have expressed their reservations about the Brexit deal, Prime Minister Theresa May had on Wednesday announced that she had secured Cabinet backing …

Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday flagged off a “Startup Yatra”, saying the programme was aimed at turning the State’s educated youth into job providers from jobseekers. He said the State government would provide all possible help to the youth to develop entrepreneurship under the scheme. Source …

Ramaphosa is likely to be the chief guest of the 2019 Republic Day ceremonies, an official source said on Thursday. Mr. Ramaphosa had hosted Prime Minister Narendra Modi during the BRICS summit in Johannesburg in July. He is also expected to take part in the Pravasi Bharatiya Divas, to be …

Four Indian authors and two authors of Pakistani origin have made it to the shortlist of the $25,000 DSC Prize for South Asian Literature 2018. The names were announced at an event in the London School of Economics & Political Science on Wednesday. The shortlisted writers are Jayant Kaikini for …