NEW DELHI: Finance and corporate affairs minister Nirmala Sitharaman on Monday introduced fresh amendments to the Companies Act, which seeks to decriminalise several procedural defaults, provide flexibility in buyback of shares and recognise new instruments for executive compensation.The bill, which has been referred to a joint Parliamentary committee for examination, provides for allowing restricted stock…
A new bill promises Green Card for TPS holders in the US but the administration will never approve of this. Representative Sheila Cherfilus‑McCormick of Florida introduced a new bill, Respect for Essential Workers Act, which would give Green Card to those who have Temporary Protected Status in the US. This status is for the people…
MUMBAI: Tuhin Kanta Pandey, chairman, Sebi on Monday said that independent directors are expected to act responsibly, not make insinuations and keep things vague. The chief markets regulator’s comments came in the context of the recent resignation of Atanu Chakraborty as non-executive chairman of HDFC Bank, the largest private sector lender in the country.The markets…
One of the pilots killed in the Air Canada plane crash at New York’s LaGuardia Airport has been identified as Antoine Forest, a 30-year-old aviator at the start of his career.Forest was among the two fatalities in the late-night collision on Sunday, which also left dozens of passengers and crew members injured in what authorities…
MUMBAI: Reserve Bank of India turned a net buyer of dollars in Jan, with net purchases of $2.5 billion, marking a sharp reversal from its heavy intervention as a seller in the previous month, according to the RBI Bulletin March 2026.Gross dollar sales declined to $25.5 billion in Jan from $28.4 billion in Dec, while…
MUMBAI: Reserve Bank of India said the outlook for prices has shifted due to upside risks, even as data shows sustained resilience of the Indian economy, and warned that a prolonged war would be detrimental to the broader global outlook.According to the State of the Economy report, there was a “drastic deterioration” in the global…
LaGuardia Airport in New York reopened on Monday afternoon after a deadly runway collision shut the busy airport for several hours and disrupted hundreds of flights. The crash occurred late Sunday night, killing both pilots on board and injuring dozens of passengers and crew.The collision involved an Air Canada Express regional jet arriving from Montreal…
Veteran actor Rakesh Bedi recently addressed the backlash he faced after a video from the trailer launch of Dhurandhar went viral in November 2025. The clip showed him greeting co-star Sara Arjun with a kiss on the shoulder, sparking criticism online, with some calling the gesture “creepy” and inappropriate. In a new interview, the 71-year-old…
ANAKAPLLI: Billionaire steel magnate Lakshmi Mittal on Monday launched his most ambitious greenfield project in India, breaking ground on a new steel plant in Andhra Pradesh. ArcelorMittal, where Mittal serves as chairman, will invest over Rs 70,000 crore to build an 8.2 million-tonne steel facility in Anakapalli.The move signals a renewed push into India, where…
A recent instance in which a space mission did not proceed as planned was that of a Russian cargo spacecraft en route to the International Space Station (ISS), which experienced a technical glitch in its journey to dock with the ISS. The cargo spacecraft was transporting vital supplies for the astronauts who are part of…