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It is a false case aimed at intimidating me, says Dattatraya Patil Revoor

The former MLA asserts that the false FIR against him will not deter him from raising issues in public interest, even as he defends his remarks

Stray dog attack in capital which left man with injured eye reignites questions on effectiveness of ABC programme

The number of sterilisations also has not seen much of an increase in recent months

Pinarayi Vijayan likens Revanth Reddy’s political temperament to Hitler over HYDRAA remark

In a Facebook post, Pinarayi says Revanth Reddy’s ‘proud veneration of Adolf Hitler’ has revealed the Congress Chief Minister’s ‘Sangh Parivar past’ and ‘latent fascist impulses’

TMC turmoil deepens: 20 MPs send letter to Lok Sabha Speaker 'wanting to ally with NDA'

At least 20 TMC MPs have written to Lok Sabha Speaker Om Birla expressing their support for the BJP-led NDA, following Rajya Sabha MP Sukhendu Shekhar Ray's resignation. Rebel leader Ritabrata Banerjee cited disillusionment with the party's leadership and parliamentary treatment as reasons for the growing dissent.

16 TMC MPs, led by Sukhendu Ray and Kakoli Dastidar, meet Bengal CM Suvendu Adhikari amid split buzz

The meeting comes amid growing speculations over a possible split in the Mamata Banerjee-led party following the massive loss in the West Bengal assembly polls

Asia tech selloff buying opportunity: Raychaudhuri

‘Vox populi, vox dei’: TMC MP resigns, cites RG Kar rape-murder case as Bengal crack reaches Delhi

"My only fault was that I demanded an internal inquiry against certain police officers," Ray said on 2024 case; cites BJP's big win and meets party's key leader

Rajesh Exports shares hit 5% lower circuit for third session on alleged Rs 15.15 lakh crore fraud

Shares of Rajesh Exports (REL) tumbled 5% to hit the lower circuit at Rs 94.50 on Monday, marking the third consecutive session of sharp losses after market regulator Sebi accused the company of orchestrating an elaborate financial fraud involving alleged revenue inflation of Rs 15.15 lakh crore over the years, personal gold trades purportedly passed off as corporate sales, and investments of Rs 1,035 crore in gold mines.In its findings, Sebi alleged accounting irregularities, diversion of company funds into personal accounts, and a pattern of conduct aimed at misleading investors. The regulator also flagged lapses by the company's auditors and said both Rajesh Exports and its auditors failed to fully cooperate with the investigation.In its 109-page interim order dated June 3, Sebi said its investigation and forensic examination revealed prima facie evidence suggesting that nearly 97-99% of the company's reported revenue may have been inflated. The regulator described the alleged discrepancies as "egregious and unheard of".Pending further directions, Sebi has barred Rajesh Mehta from buying, selling or otherwise dealing in securities of Rajesh Exports. The regulator has also directed the company to fully cooperate with investigators and ensure true and fair disclosure of its financial statements and related-party transactions."The acts of REL constitute a deliberate device, scheme and artifice to mislead and defraud investors dealing in the shares of REL by portraying an inflated and misleading picture of its operational scale, revenue and financial health," Sebi said in its order.The case stems from a shareholder complaint received in March 2024 that raised concerns over substantial trade receivables reflected in the company's accounts. Following a preliminary review, Sebi initiated a detailed investigation covering the period from April 2020 to March 2024 and appointed BDO India Services as the forensic auditor.Besides restricting Rajesh Mehta from dealing in the company's securities, Sebi has directed Rajesh Exports to furnish all pending information sought by investigators within 30 days. The regulator has also ordered the appointment of a new forensic auditor to conduct a more comprehensive review of the company's books and transactions.Rajesh Exports has denied the allegations. In a press release issued on Thursday, the company said the revenues reported in its financial statements were accurate and contended that Sebi's conclusions were based on a misunderstanding between revenue and EBITDA figures at Swiss refiner Valcambi SA, an indirect subsidiary of the company.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

INDIA bloc meeting begins in New Delhi

Amid disarray, Congress sought to project unity and said that even those skipping it had conveyed their “strong opposition” to the Narendra Modi government’s policies

Trinamool Rajya Sabha MP Sukhendu Sekhar Ray Quits Amid Spiralling Crisis

Setback For Mamata Banerjee- Trinamool Rajya Sabha MP Sukhendu Sekhar Roy Quits Party Amid Spiralling Crisis

Sukhendu Sekhar Ray quits TMC, RS membership

Political tensions escalate in Kerala’s Ambalappuzha as G. Sudhakaran targets CPI(M), Pinarayi Vijayan in provocative speech

In his address, Sudhakaran likened Pinarayi Vijayan to a “drenched chicken” in the Assembly, implying that the former Chief Minister and current Opposition Leader appeared subdued and ineffective

Setback for TMC: Sukhendu Sekhar Ray resigns as Rajya Sabha MP, quits party

Sukhendu Sekhar Ray, a leader of the Trinamool Congress, has stepped down from the Rajya Sabha and announced his exit from the party.

TMC's Sukhendu Sekhar Ray quits party, resigns as Rajya Sabha MP

TMC's Sukhendu Sekhar Ray quits party, resigns as Rajya Sabha MP

First Parliamentary Jolt For Mamata: TMC MP Sukhendu Sekhar Ray Resigns From Rajya Sabha

Sukhendu Sekhar Ray also quit the Trinamool Congress, citing disagreements with the party on the RG Kar rape case investigation.

Live: Uddhav and Aaditya Thackeray to attend virtually, DMK skips

Live: Uddhav and Aaditya Thackeray to attend virtually, DMK skips

INDIA Bloc Meet Live Updates: 23 Opposition Parties Set To Discuss Road Ahead In Delhi Today. Will DMK, TVK Join?

INDIA Bloc Meet Live Updates: Among those expected are Rahul Gandhi, Mallikarjun Kharge, Mamata Banerjee, Abhishek Banerjee, Akhilesh Yadav, Tejashwi Yadav, Uddhav Thackeray.

Asia markets tumble as tech rout deepens

Asian markets plunged on Monday as investors slammed the brakes on the red-hot AI rally, while Israeli strikes on Beirut sent oil prices and the dollar higher. An 8% drop for South Korea's chip-heavy KOSPI benchmark triggered a 20-minute trading halt and has it down almost 17% from last week's record high. Japan's Nikkei fell 3.5% in early trade, though ‌U.S. S&P 500 ⁠and Nasdaq ⁠100 futures made small gains. The Nasdaq had dropped 4.2% on Friday, with selling concentrated in semiconductor stocks after a hot jobs report ramped up expectations for Federal Reserve interest rate hikes, putting the brakes on what has been a sparkling AI-led rally. Two-year Treasury yields rose more than 11 basis points on Friday and benchmark 10-year Treasury futures were about five ticks lower early on Monday morning in Asia. "The AI-drives-everything narrative frayed last week," said Bob ⁠Savage, head ‌of markets macro strategy at BNY. "Whether this is a healthy pause in the nine-week equity rally or a top remains the key question. The ⁠IPO focus on SpaceX and Anthropic is part of the pause - whether to make room for the new market cap or to rethink value." INFLATION AND ECB AHEAD The week ahead is headlined by the giant SpaceX listing, expected to price on Thursday and trade on Friday, but will also have inflation in focus with U.S. consumer price data due on Wednesday and central bank meetings in Canada and Europe. Last week, bitcoin notched its heaviest weekly drop since the collapse of crypto exchange ‌FTX in late 2022, falling about 16%. It was hovering just shy of $63,000 on Monday. SpaceX's debut is expected to be followed by other mega IPOs in the coming months from Anthropic ⁠and OpenAI, raising so much money that brokers are nervous it could draw down other assets. The Middle East situation also remains delicate, and Brent crude futures were up about 2.6% to $95.45 a barrel on Monday morning after an Israeli attack on Beirut prompted Iran to direct a salvo of missiles at Israeli targets. OPEC+ agreed on Sunday to the fourth increase in its oil output targets in as many months. In currency trade the dollar was firm and holding above 160 yen and pushed the Australian dollar to $0.7038. The euro hovered at $1.1518.

Sat like wet chicken: Ex-CPM leader slams Pinarayi Vijayan's LoP performance

Sat like wet chicken: Ex-CPM leader slams Pinarayi Vijayan's LoP performance

Rayalaseema leaders question lack of Rajya Sabha representation from the region