Bombay HC orders FDA to pay Rs 5 lakh to Pune dairy retailer, allows business to reopen after 98% compliance. MUMBAI: Bombay high court on Monday directed the Food and Drugs Administration (FDA) to pay a Pune based dairy and sweets retailer Rs 5 lakh towards”losses” for not revoking the suspension of its food licence…
A total of 57 Trump officials are estimated to have fortunes of at least $100 million. US President Donald Trump has surpassed his predecessors in the number of ultra-rich people he has appointed. According to a report released on Monday by consumer advocacy organisation Public Citizen, Trump has appointed more than four times as many…
Markets continue to watch the impact of the war with Iran on crude prices. US stock market today: Wall Street benchmarks were on Monday hovering close to record levels as investors looked ahead to a week of earnings from some of the country’s biggest retailers. Their results could offer clues about how consumers are coping…
E20, which contains 20% ethanol, was introduced nationwide last year. Chief Economic Adviser V Anantha Nageswaran has called for the government to consider reintroducing petrol with a lower percentage of ethanol, amid concerns on the impact of E20 petrol on vehicles.E20, which contains 20% ethanol, was introduced nationwide last year. Since April 1, it has…
Sebi chairman Tuhin Kanta Pandey Sebi chairman Tuhin Kanta Pandey on Monday said the regulator has no plans to roll back the recently introduced Closing Auction Session (CAS). However, the authority is reviewing concerns raised by market participants and considering whether the framework needs any improvements.Introduced on August 3 this year, CAS has drawn attention…
Vehicles queued to refuel at a petrol station due to fuel shortage following a spate of Ukrainian attacks on oil refineries (File pic0 Fuel shortages have resurfaced in parts of Russia, with authorities in at least 10 regions tightening restrictions on petrol sales as supplies come under pressure following a fresh wave of drone attacks…
Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments. (Reuters photo) With ships facing risks, some Asian refiners are unwilling to pick crude oil shipments from Yanbu on the Red Sea. Refiners are reportedly seeking an alternative to Saudi Aramco’s request that they collect crude from Yanbu on the…
Insolvency & Bankruptcy Board of India (IBBI) has floated a paper to prevent misuse of insolvency law. NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) has floated a paper to prevent misuse of insolvency law to settle debt or avoid liability or consolidate companies without regulatory scrutiny. It has highlighted red flags that…
The approval rate for EB-1A, the US green card category meant for individuals with extraordinary ability, has dropped sharply in FY26. In a big hit for Indian techies, the approval rate for the visa that is one of the routes to US green cards has seen a sharp drop. The approval rate for Indian applicants…
