Kotak Mahindra Bank reports 25% rise in Q4 net profit

Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore.

Pragya Jaiswal opens up on working with Akshay Kumar on her Hindi debut 'Khel Khel Mein'

The comedy-drama is written and directed by Mudassar Aziz of 'Happy Bhag Jayegi' and 'Pati Patni Aur Woh' fame.

Navjot Singh Sidhu shares wifes health update, reveals she is recovering from 2nd surgery for breast cancer

Sidhu, who has been fulfilling his duties as a commentator for the ongoing Indian Premier League (IPL) 2024 season, recently posted a couple of pictures with his wife alongside the doctor who has been attending to her.

Economy Would Regress Into Fragile Five If...: Nirmala Sitharaman Attacks Congress

If Congress' poll manifesto were to be implemented, the Indian economy currently ranked among the top five globally, would regress into the fragile five, Union Finance Minister Nirmala Sitharaman said on Saturday.

Export ban lifted before voting in Maharashtra onion belt

The Directorate General of Foreign Trade (DGFT) on Saturday issued a notification permitting the export of onions with the Minimum Export Price (MEP) to $550 per tonne and 40% export duty. A ban on export was hurting the onion farmers in the Western Maharashtra and Marathwada, the area known as the onion belt of the country. These two regions alone produce 40% of the overall onion production of the country.

Indian Economy Faces Risks under Congress Manifesto, Warns Nirmala Sitharaman

Indian Economy Faces Risks under Congress Manifesto, Warns Nirmala Sitharaman If Congress' poll manifesto were to be implemented, the Indian economy currently ranked among the top five globally, would regress into the ''fragile five'', Union Finance Minister Nirmala Sitharaman said on Saturday. She claimed the Congress poll document is ''more akin to a Muslim League document'' and the BJP is duty-bound to question its import. Sitharaman's attack comes against the backdrop of the 'conducting an economic survey and x-ray of society' remarks made by Rahul Gandhi and the BJP's allegation that Congress is planning redistribution of wealth if voted to power. ''It is the worst manifesto which is not in the interest of the nation,'' Sitharaman said. Speaking at a meeting with select journalists in Pune, the finance minister wondered whether the Congress has conducted the necessary financial planning to fulfil the assurances listed in its manifesto. ''I know they are not coming to power, but I would still like to ask, even if the subject of the Congress manifesto were to be implemented, has the Congress done the homework on the expenditure required to fulfil the promises listed in the manifesto?'' she asked. Citing the case of Congress-ruled Karnataka, Sitharaman said they (Congress) attempted to implement the promises made during the state polls despite knowing that they had no funds. ''The deputy chief minister (of Karnataka) publicly acknowledged that they were left with no funds for development as the money was spent on fulfilling five promises made during elections,'' she said. ''This is just about one state. If similar measures (in Congress' poll manifesto) were to be implemented across the country, the economy, currently ranked among the top five globally and projected to rise to the third position in the next couple of years, would regress into the 'fragile five','' the finance minister said. It is the BJP's duty towards the nation to question the poll document of the Congress. Notably, Prime Minister Narendra Modi has accused the Congress of planning to redistribute peoples property if it is voted to power. On its part, the Congress has accused the PM of resorting to ''lies'' and diverting people's attention from the real issues. Responding to a query, Sitharaman said it is the BJP which has set the agenda for the elections. ''Our response to the Congress' manifesto is neither defensive nor negative, rather it is more offensive and substantive,'' she said. The manifesto is more akin to a Muslim League document, and if not, the Congress should stand up and counter this observation (of BJP), Sitharaman said. Referring to the criticism that BJP is spreading misinformation about Congress's manifesto, Sitharaman said, ''What is wrong? We are asking questions. (The manifesto) is the fundamental point of departure from the Congress's ideology, if there was one''. According to Sitharaman, there is a consistency in the way the opposition is prioritising wealth and its rights on the wealth. ''The Congress is saying something in the manifesto. It is saying something more to supplement it during public rallies,'' Sitharaman said when asked why PM Modi is raising the issue of the redistribution of wealth on religious lines. She said Congress leader Rahul Gandhi has repeated this point (conducting caste census) when he spoke about doing the 'x-ray' of the society. ''One can say that Congress did not mean it (redistribution of wealth) but they say they mean it. When PM Modi asked about it...he asked because he saw the trend....he saw the written word and also the spoken word. So he is saying that this is what they are going to do,'' Sitharaman added.

Highest-ever advancing stocks on BSE in April

A little over 2,400 BSE-listed stocks ended with gains in April amid a sharp rebound in the broader markets from the March lows. This was the highest number of stocks that rose during a calendar month, as per data provided on BSE's website. The previous high was 2,322 gainers recorded in January.

Russia puts Zelenskiy on wanted list

Russia has opened a criminal case against Ukrainian President Volodymyr Zelenskiy and put him on a wanted list, the state news agency TASS reported on Saturday, an announcement Ukraine dismissed as evidence of Moscow's desperation. TASS reported that the Russian Interior Ministry database showed Zelenskiy was on a wanted list but gave no further details. Ukraine's foreign ministry noted Russian President Vladimir Putin was himself subject to arrest under an International Criminal Court warrant. We would like to remind you that unlike the worthless Russian announcements, an International Criminal Court warrant for the arrest of Russian dictator Vladimir Putin on suspicion of war crimes is quite real, and subject to implementation in 123 countries, the foreign ministry said in a statement. It said the Russian announcement was evidence of the desperation of the Russian state machine and propaganda, which can think of no other way to attract attention. Russia has issued arrest warrants for a number of Ukrainian and other European politicians since the start of the conflict with Ukraine in February 2022. Russian police in February put Estonian Prime Minister Kaja Kallas, Lithuania's culture minister and members of the previous Latvian parliament on a wanted list for destroying Soviet-era monuments. Russia also issued an arrest warrant for the International Criminal Court prosecutor who last year prepared Putin's war crimes warrant.

India witnesses 43% surge in successful insolvency resolutions, pendency declines in FY24

The IBBI is considering introducing voluntary mediation and a pre-pack resolution framework for large accounts to expedite the resolution process

Mumbai City lifts ISL Cup, beats Mohun Bagan

Mumbai City FC has become the winner of Indian Super League 2024.In a thrilling match, at the Salt Lake Stadium in Kolkata, Mumbai City beat Mohun Bagan 3-1.It was kind of a revenge for the Mumbai team as last month the Mariners edged past the Islanders 3-1 to dethrone Mumbai City FC and get crowned the ISL Champions. Back in 2020-21, the Mariners lost to Mumbai City FC 2-1 in the ISL final, and Antonio Lopez Habas was at the receiving end of that result. Three years back, Mohun Bagan had squandered a 1-0 lead to to suffer a 1-2 defeat against the same team at the ISL final held in Margao, which was played behind closed doors due to the COVID-19 pandemic.

Paytm COO Bhavesh Gupta quits; senior mgmt rejigged

Paytm's parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday. As part of a change in leadership structure, fintech firm Paytm has appointed Rakesh Singh as chief executive officer of Paytm Money.

Actress Kareena Kapoor Khan appointed as UNICEF India's National Ambassador

Madonna's Final Celebration Tour concert: How to watch it free in US, free streaming, free entry

It has been said on the official website of Madonna that no tickets are required for the last show of her Celebration World Tour, entrance will be applied on a first come first serve basis the day of the event at Belmond Copacabana Palace Hotel.

Fortnite-Marvel Collaboration: See all about upcoming Loki and Sylvie Laufeydottir cosmetics

Fortnite teams up with Marvel's Loki for new in-game cosmetics. Players can expect two bundles featuring Loki and Sylvie, each including a backbling and pickaxe, with unique emotes. These cosmetics can be purchased separately.

The Boys: Season 4 trailer is out! Teaser hints at protagonist Billy Butchers death

Because of Butchers continuous health issues caused by his reliance on Temp V, speculations have surfaced about his potentially short lifespan. The trailer further suggests Butcher's declining health, with the season 3 finale confirming he has only 12 to 18 months left to live.

Paytm COO and president Bhavesh Gupta quits

Bhavesh Gupta, the chief operating officer and president of One97 Communications-owned Paytm, has put in his papers citing personal reasons. This will be the fourth high profile exit at the Paytm Group in the last one month. In line with our on-going conversations, due to personal reasons, I will be unable to continue as President Continue reading Paytm COO and president Bhavesh Gupta quits The post Paytm COO and president Bhavesh Gupta quits appeared first on Entrackr .

India raise issue of pharma pricing in Australia

India has raised the issue of pharmaceutical pricing control in Australia, particularly on generic medicines, during a recent bilateral meeting between the officials of the two countries. The two sides have decided to work closely on timely resolution of market access issues, deepen people-to-people contacts, and create an institutional mechanism for sharing of preferential import data, the commerce ministry said on Saturday. The bilateral trade between the countries declined 7.7 per cent to USD 24 billion in 2023-24 as against USD 26 billion in 2022-23. These issues among others were discussed during the first Joint Committee Meeting (JCM) in Canberra under India-Australia Economic Co-operation and Trade Agreement (Ind-Aus ECTA). Both the sides while acknowledging the smooth implementation of the ECTA, briefly elaborated on ECTA implementation issues including MRAs (mutual recognition agreements) on organic products, market access issues related to products like okra, pomegranate, grapes, cottage cheese...pharmaceutical pricing control in Australia particularly on generics, progress made by the working group on whisky and wine, the ministry said. The aim was to address regulatory challenges and promote trade of these products, it said adding setting up of disease-free zones for shrimps and prawns in India was also discussed. It added that the JCM meeting addressed certain critical services issues, including the consideration of India's request for facilitation of cross border e-payments and MRAs in professions like nursing and dentistry. Discussions were also held at the chief negotiators level between Additional Secretary Rajesh Aggarwal and Assistant Secretary Ravi Kewalram from DFAT under India-Australia CECA (comprehensive economic cooperation agreement) negotiations to review the progress made after nine rounds and the way forward for its completion with a view to reaching at a balanced outcome. Australia is an important trading partner of India in the Oceania region with merchandise trade between India and Australia reaching around USD 24 billion in 2023-24, signalling significant potential for further growth, it added. The meeting serves as a platform to further strengthen trade ties and explore new opportunities for bilateral economic cooperation in areas such as trade facilitation, investment promotion, as well as cooperation in other areas including support for technology.

Terrorists attack Air Force convoy in J&K, 5 injured

Kareena appointed UNICEF India Ambassador

UNICEF India on Saturday announced Bollywood star Kareena Kapoor Khan as its new National Ambassador. The Crew star, who has been associated with UNICEF India since 2014, will support the not-for-profit organisation in furthering every child's right to early childhood development, health, education and gender equality, a press release said. Kareena had earlier served as a Celebrity Advocate for UNICEF India. There are few things as important as the rights of children, the future generation of this world. I am honoured to continue my association with UNICEF now as India's National Ambassador, the 43-year-old actor said in a statement. I will strive to use my voice and influence for vulnerable children and their rights, especially around early childhood, education and gender equality. For every child deserves a childhood, a fair chance, a future, she added. Besides Kareena, UNICEF India has also appointed its first-ever Youth Advocates, who are peer leaders and champions on issues like climate action, mental health, innovations and Girls in STEM (science, technology, engineering and mathematics). The four advocates are Gauranshi Sharma from Madhya Pradesh on right to play and disability inclusion; Kartik Verma from Uttar Pradesh on climate action and child rights advocacy; singer Nahid Afrin from Assam on mental health and early childhood development; and Vinisha Umashankar from Tamil Nadu is a budding innovator and STEM pioneer. These youth advocates are part of UNICEF's global programme and join a cohort of more than 93 youth advocates who have been appointed across the globe and are driving change on issues concerning children and young people, UNICEF India said. UNICEF India Representative Cynthia McCaffrey said she is delighted to welcome Kareena Kapoor Khan as the National Ambassador. She has brought energy and impact through her support to several national and global campaigns. She joins as UNICEF India National Ambassador together with our four Youth Advocates to the UNICEF family. We look forward to working with her and the four youth advocates to continue advocating for child rights, she added.

Ensuring pensions in Indias booming economy

The disparity between Indias fastest growing economy status and its neglect of robust social security measures demands transformative solutions to dignify its ageing population and align policies with economic growth. As the Union Government continues...

Fed-Obsessed Traders Need The Economy To Get Its Story Straight

Constructive pronouncements from Federal Reserve Chair Jerome Powell and softer employment data fueled the uptick. Yet divergent economic reports are proving costly again and again for investors placing bets on the Feds next move on interest rates a move that ostensibly hinges on the economic data.

Will Lovely's return to BJP hurt AAP-Congress?

Air India reduces free cabin baggage allowance on domestic flights

The move comes as part of Tata Groups efforts to revive the fortunes of the loss-making airline, acquired from the government in 2022

Charting the Global Economy: European Growth Exceeds Projections (Map to be corrected)

In the US, the closely watched jobs report pointed to moderating labor demand and slower wage growth. That should help temper stubborn inflationary pressures, which explains why the Federal Reserve kept rates unchanged this week and signaled they may stay higher for longer.

NCLT sees 43% jump in debt resolution cases

Kolkata, Amid several bottlenecks, the Insolvency Bankruptcy Board of India (IBBI) declared 2023-24 as a landmark year, with the National Company Law Tribunal achieving a significant 43 per cent increase in resolutions, jumping from 189 cases last year to 270 this year. The IBBI is expected to submit a report to the government over the next 2-3 months for including mediation in the Insolvency and Bankruptcy Code (IBC), which is currently under discussion and scrutiny. The regulator is also working on prepackaged insolvency for large corporate cases, which is only allowed in MSME cases as of now. For the first time in a year, the number of outputs has increased from the number of inputs, reducing the pendency across India, said Sudhaker Shukla, an IBBI whole-time member, while addressing the CII organised 7th Insolvency and Bankruptcy Code conclave. He said that despite bottlenecks in the last seven years, resolution of 3.5 lakh crore was achieved, and 27,000 applications worth Rs 10 lakh crore were withdrawn, making the IBC a powerful tool for debt resolution in the country. Shukla stated that the law has evolved over time and that the interventions to improve it have been remarkable. In 2023-24, around 12 amendments and 86 interventions have been made in the IBBI within a single year. This portrays that we are responding to market requirements to bridge the gaps, he said. He further added that a sectoral approach has been adopted to address unique problems for a speedy resolution, like in real estate. We are trying to follow the sandbox approach. The recent amendments were made on real estate where project-wise resolution was made, keeping the allotted houses from liquidation was a big step forward in a sectoral approach, Shukla said. Speaking about the demand for mediation and prepacks for insolvency for large accounts, Shukla said it was currently under scrutiny and in the next 2-3 months, it will be submitted to the government. He further said prepacks for large accounts were also under consideration as they aim for speedy resolution. Prepackaged insolvency involves negotiating and agreeing on a resolution plan between the debtor and its creditors before going into formal bankruptcy. P Santhosh, Managing Director of NARCL, the government-backed bad bank, asserted that a delay in resolution will deteriorate the quality of the asset, making revival difficult. There are multiple factors contributing to this delay, and to avoid it, coordination with financial creditors is crucial. The concept of Prepack insolvency is yet to be adopted. However, many practitioners have discussed that this is one of the tools that can be extended to larger corporate disputes. Initially, there could be a promoter-led resolution plan, which can be improved over time, he said. B Sankar, the Deputy Managing Director (stressed assets) of State Bank of India, highlighted that the success of insolvency resolution depends on collaboration between creditors, distressed companies (often with suspended directors/promoters), and insolvency professionals. The conclave participants from insolvency professionals enriched themselves from NCLT Kolkata judicial members Rohit Kapoor, Balraj Joshi and Bidisha Banerjee who shared their inputs for speedy resolutions.

Funding and acquisitions in Indian startups this week [29 Apr-04 May]

During the week, as many as 27 Indian startups raised more than $340 million in funding. These deals include 9 growth-stage deals and 11 early-stage deals. Meanwhile, seven early-stage startups did not disclose the amount raised. Last week, about 27 early and growth-stage startups collectively raised around $222.7 million in capital. [Growth-stage deals] Among the Continue reading Funding and acquisitions in Indian startups this week [29 Apr-04 May] The post Funding and acquisitions in Indian startups this week [29 Apr-04 May] appeared first on Entrackr .

Should the Bank of England cut interest rates with Britains economy in bloom?

The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon It would come as a shock to most economists if the Bank of England opted to cut interest rates at its policy meeting this week. Financial markets, which were baying for a cut last May, are these days betting that August or possibly September will be the point at which the Bank starts to lower interest rates from their current level of 5.25% . Continue reading...

Bomb threat: Security up at Mangaluru Airport

Mangaluru (Karnataka), Security has been beefed up at the Mangaluru International Airport (MIA) after the airport authorities received an email about a bomb scare, police said on Saturday. Following the threat received on April 29, the CISF and the police got into multiple levels of security sweeps all over the airport. A First Information Report has been registered in Bajpe police station stating that a certain group identifying itself as 'Terrorisers 111' had sent the emails. The FIR quoting the email has stated that here are explosives placed in three places in the airport and we expect large scale bloodshed will happen. This warning and threat should not be taken lightly. Commissioner of police of Mangaluru city Anupam Aggarwal has confirmed that the FIR has been registered. According to sources, the MIA along with over 30 other Airport Authority of India and private airports received a bomb threat on mail on April 29, 2024. The mail was sent to 90+ email IDs of airports and security agencies - CISF. As per protocol, the MIA complained to the jurisdictional Bajpe police station where an FIR has been registered. According to the Indian Airports Manual, airport security machinery anywhere in the country takes up total search operations and ramps up security sweep. The standard protocol is followed every time when such threats surface. The 'terrorisers 111' has used the email address of the airports that is notified on the public websites of the airports.

Ban on onion export lifted; MEP of $550/tonne imposed

The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of $550 per tonne, amid ongoing Lok Sabha elections in the country. Last night, the government imposed a 40 per cent duty on export of onions. In August last year, India had imposed a 40 per cent export duty on onions up to December 31, 2023.

UN spokesperson declines to react to Biden's claim that India's economy stalling due to 'xenophobia'

However, reports by several international organisations and multinationals tell a different story from that of Biden, who has a record of making fact-challenged statements.

Is the worst of geopolitical crises over?

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED and fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the endless chatter of Fed governors, Wood believes the news flow in the financial sphere pales into complete insignificance compared with the ectonic shifts going on in geopolitics.

Rahul writes to K'taka CM over Prajwal's scandal

Real Estate Sector 86% , Delhi Bengaluru

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Indian investors should think about bond investments, say experts; here's why

SEBI's move to reduce the face value of debt securities from 1 lakh to 10,000 has made bonds more accessible to retail investors, potentially increasing their involvement in the corporate bond market and improving liquidity.

Luminar layoffs: Sensor maker to cut nearly 20% jobs

How crazy would it be if Buffett bought Boeing?

How Delhi's K-9 unit is defusing bomb threats

Income Tax: As ITR forms enabled to file returns, check here which form you would require

The income tax (I-T) department has released the excel utility of ITR-6 for AY 2024-25. Prior to this, the department enabled the excel utility of ITR-1, ITR-2 and ITR-4 for AY 2024-25.

ED files case against Elvish Yadav, others

The Enforcement Directorate has filed a money laundering case against YouTuber Siddharth Yadav alias Elvish Yadav and some others under the charge of suspected use of snake venom as a recreational drug in parties he hosted, official sources said Saturday. The central agency has pressed charges under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a FIR and charge sheet filed by the Gautam Buddh Nagar (Noida) district police in Uttar Pradesh last month against him and other linked to him. The alleged generation of proceeds of crime and use of illicit funds for organising rave or recreational parties is under the scanner of the ED. Yadav and some others linked to the case will be questioned as part of the investigation, the sources said. Yadav was arrested on March 17 by the Noida Police in connection with its probe into suspected use of snake venom as a recreational drug in parties that were allegedly hosted by him. The 26-year-old YouTuber, also the winner of reality show Bigg Boss OTT 2, was booked under various sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, Wildlife Protection Act, and the Indian Penal Code (IPC) by the Noida police. Yadav was among the six people named in an FIR lodged at Noida's Sector 49 Police Station on November 3 last year on a complaint from a representative of animal rights NGO People for Animals (PFA). The five other accused, all snake charmers, were arrested in November and were later let out on bail by a local court. The five snake charmers were arrested from a banquet hall in Noida on November 3 last year and nine snakes, including five cobras, were rescued from their possession, while 20 ml of suspected snake venom was also seized. According to police, Yadav was not present at the banquet hall then. In April, the Noida Police filed an over 1,200-page charge sheet in the case. The charges included are snake trafficking, use of psychotropic substances and organising rave parties, the police had said.

Onion exports: India lifts ban on sending onions out of the country

India has lifted the ban on onion exports after almost six months. The Directorate General of Foreign Trade set the Minimum Export Price at $550 per tonne. Onions have historically influenced India's political landscape during elections.

UN spokesperson declines to react to Bidens claim that Indias economy stalling due to xenophobia

United Nations : A UN spokesperson has declined to react to an assertion by US...

The Fall Guy: Valuable money lessons from Ryan Gosling's new film

The film The Fall Guy features non-stop action and witty repartee, paying homage to unsung heroes who perform stunts. It also highlights the importance of giving credit to those who support your financial journey.

ET Roundtable I EAM Jaishankar counters Biden's 'India Xenophobic' remarks

'India is proud of its Panchayati Raj system': Indian Ambassador Ruchira Kamboj

US colleges invite discussion to end campus protests

India new land of rising sun for auto exports

India's auto industry attracts global players like Honda and Suzuki for exports, with a focus on quality and cost efficiency. The country's emergence as a key manufacturing hub reflects its appeal to major auto manufacturers.

Non-compete agreement: Godrej vs Godrej a no-no even in realty business

Godrej Properties, which is part of GIG, will have the right to use the brand for real estate development. GEG entity Godrej & Boyce will use the brand for any development on land parcels it owned on January 1 and it will not undertake any development outside of those holdings.

Mizoram governor visits KVT; says pilgrimages contribute to economy

Real Estate Fraud: Hyderabad CCS Arrests VBJ Capstone Builders Pvt Ltd Owner

Hyderabad: The Hyderabad Central Crime Station (CCS) police on Friday arrested VBJ Capstone Builders Pvt Ltd owners Kandula Venkata Prasad Gupta and his wife Anuradha for cheating a customer in a real estate deal. The police were acting on a complaint from Mopidevi Mahalakshmi of Lakeview Residency, Sainikpuri, alleging that VBJ Capstone Builders sold a plot at a lower price at Laxmi Nagar Colony Welfare Society in Kapra village but gave her fabricated ownership papers. The accused collected Rs.12.35 crore from the victim since 2019. During investigation, police found that the couple had collected money from more than 15 victims.

FSSAI allows 10 times more pesticide residue in herbs, spices

India dilutes pesticide norms for herbs and spices, raising MRL to 0.1mg/kg. Activists fear harm to exports. Concerns include health risks, cumulative pesticide effects, and harm from unknown pesticides on imports.

A bipolar contest in Gujarat's Banaskantha

Sony, Apollo express interest in buying Paramount

A one-sided contest now in Amethi: Smriti Irani

Rahul's Raebareli move sparks debate within Cong

KKR beat MI in an away game after 12 years

Kolkata Knight Riders' bowlers rose to the occasion and defended a modest total en route to a 24-run win over Kolkata Knight Riders in an Indian Premier League match on Friday. Incidentally, it was KKR's first win over MI in Mumbai after 12 years. Opting to bowl, Jasprit Bumrah (3/18) was at his best as MI bowled out KKR for a modest 169. Sri Lankan medium pacer Nuwan Thushara (3/42) blew the top-order while Bumrah was menacing at the back end with skipper Hardik Pandya (2/44) also getting a couple of wickets. For KKR, Venkatesh Iyer (70 off 52) and Manish Pandey (42 off 31) made significant contributions to take the visitors to a decent but sub-par total. But MI faltered in their chase as they were bowled out for 145 in 18.5 overs. Suryakumar Yadav (56 off 35) and Tim David (24 off 20) were the notable contributors for MI in their failed chase. Mitchell Starc was the best bowler for KKR with figures of 4 for 33, while Varun Chakravarthy (2/22), Sunil Narine (2/22) and Andre Russell (2/30) picked up two wickets apiece. Brief Scores: Kolkata Knight Riders: 169 all out in 19.5 overs (Venkatesh Iyer 70, Manish Pandey 42; Jasprit Bumrah 3/18, Nuwan Thushara 3/42). Mumbai Indians: 145 all out in 18.5 overs (Suryakumar Yadav 56; Mitchell Starc 4/33).

7 Adani cos have received Sebi show cause notices

Seven out of the 10 listed firms of Adani group have received show cause notices from the Securities and Exchange Board of India (Sebi) for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in their regulatory filings to the stock exchanges. While group's flagship Adani Enterprises Ltd, renewable energy firm Adani Green Energy Ltd (AGEL) and city gas distributor Adani Total Gas Ltd said Sebi sent notices of their parent or holding company controlled by conglomerate's chairman Gautam Adani, ports company Adani Ports and Special Economic Zone, Adani Power, electricity transmission firm Adani Energy Solutions, and commodities firm Adani Wilmar said they have received Sebi notices.

Will win all Chhattisgarh seats: Vishnu Deo Sai

Positive growth in 2-wheeler and tractor sales shows growth momentum in Indian economy

India imposes export duty of 40% on onions

Currently, the export of onion is banned. However, the government allows shipments to India's friendly nations. It has permitted a specified quantity of onion exports to UAE and Bangladesh.

Canada arrests 3 Indians in Nijjar case

Canadian police on Friday arrested three Indian nationals believed by investigators to be members of an alleged hit squad tasked by the government of India with the killing of Khalistan separatist Hardeep Singh Nijjar in Surrey last year, police said.Royal Canadian Mounted Police (RCMP) Assistant Commissioner David Teboul said that three people have been arrested and charged in the killing of Sikh activist Nijjar.Addressing a press conference on Friday, he said that in addition to the murder case, separate investigations are looking into possible connections to the Government of India, The Toronto Star newspaper reported.Teboul stressed that the murder remains very much under active investigation, CTV News reported.There are separate and distinct investigations ongoing into these matters, certainly not limited to the involvement of the people arrested today, and these efforts include investigating connections to the government of India, he was quoted as saying by the news channel. The ties between India and Canada came under severe strain following Canadian Prime Minister Justin Trudeau's allegations in September last year of the potential involvement of Indian agents in the killing of Nijjar.India has dismissed Trudeau's charges as absurd and motivated.During the press conference, Superintendent Mandeep Mooker, who leads the Integrated Homicide Investigation Team, said that the suspects were not known to the police before the investigation into Nijjar's death.Mooker identified the suspects as Karan Brar, Karanpreet Singh and Kamalpreet Singh, all men in their 20s, who were arrested on Friday in Edmonton.Mooker said all three are Indian nationals and have been living as non-permanent residents in Canada for the last three to five years.He also said coordination with India has been challenging and rather difficult for the last several years.Mooker said that his investigation has relied on the Sikh community's support.We would not be at this point without the bravery and courage of the Sikh community coming forward with information for this investigation, he said, adding that he believes they will continue to come forward for any future investigations, according to the report.Court documents show Karanpreet Singh, Kamalpreet Singh and Karan Brar are each facing one count of first-degree murder and one count of conspiracy to murder in Nijjar's death.Nijjar, 45, was gunned down outside his gurdwara in Surrey, B.C., on June 18, 2023. He was a Canadian citizen.A report in Global News citing sources said that the suspects had entered Canada on student visas but may have been working at the direction of Indian intelligence when they shot Nijjar.According to court records, Brar has been charged with a murder that occurred in Surrey on June 18, 2023. He also faces a charge of conspiracy to murder on May 1, 2023, in Edmonton and Surrey, the report said.Talking to reporters, Canada's Public Safety Minister Dominic Leblanc declined to confirm the Indian government connection, saying such questions are best addressed by the RCMP.I have full confidence in the security apparatus of the government of Canada and the work of the RCMP, and the work that the (Canadian) Security Intelligence Service does, Leblanc said.I think the police operation that you see ongoing today confirms that the RCMP take these matters extremely seriously. But questions with respect to particular links or non-links are properly put to the RCMP, he added.The indictments Friday allege the conspiracy unfolded in both Surrey and Edmonton between May 1, 2023, and the date of Nijjar's killing.Quoting sources close to the investigation, the Canadian Broadcasting Corporation (CBC) reported that the police are actively investigating possible links to three additional murders in Canada, including the shooting death of an 11-year-old boy in Edmonton.Members of the hit squad are alleged to have played different roles as shooters, drivers and spotters on the day Nijjar was killed at the Guru Nanak Sikh Gurdwara in Surrey in British Columbia, according to the sources.Sources said investigators identified the alleged hit squad members in Canada some months ago and have been keeping them under tight surveillance.India had on Thursday rejected fresh comments by Prime Minister Trudeau on the killing of Nijjar and said the remarks once again illustrated the political space given in Canada to separatism, extremism, and violence.Trudeau addressed a Khalsa Day event in Toronto on Sunday that was attended by some pro-Khalistan supporters.On the sidelines of the event, he told the media that the killing of Nijjar in British Columbia in June last year created a problem and that he cannot ignore it, in an apparent reference to his earlier allegations of involvement of Indian agents in the assassination.PM Trudeau has made such remarks earlier as well. His remarks illustrate once again the political space that has been given in Canada to separatism, extremism, and violence, External Affairs Ministry spokesperson Randhir Jaiswal said in New Delhi at his weekly media briefing.This not only impacts India-Canada relations but also encourages a climate of violence and criminality in Canada to the detriment of its own citizens, he said when asked about Trudeau's remarks.India on Monday also summoned the Canadian deputy high commissioner and lodged a strong protest with him over the raising of pro-Khalistan slogans at the event in the presence of Trudeau and several other leaders. Nijjar was a Khalistani separatist and he was wanted in India on various terror charges.It is a problem in our relations with India because we cannot ignore that, Trudeau said on the killing of Nijjar.Days after Trudeau's allegations, India asked Ottawa to downsize its diplomatic presence in the country to ensure parity. Subsequently, Canada withdrew 41 diplomats and their family members from India.India has been asserting that its core issue with Canada remained that of the space given to separatists, terrorists and anti-India elements in that country.Following Trudeau's allegations last year, India temporarily suspended the issuance of visas to Canadian citizens. The visa services were resumed several weeks later.(With PTI inputs)

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