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NEW DELHI: Supreme Court Wednesday said magnitude of financial burden could not be factored in to deny just and fair compensation for land acquisition even as it limited the applicability of a liberal compensation regime – a decision that could substantially reduce National Highways Authority of India’s Rs 29,000 crore liability for land acquired since…
India must accelerate efforts to channel large household gold holdings into financial instruments, former Union minister P P Choudhary and senior market participants said, warning that continued physical hoarding limits the metal’s broader economic contribution, PTI reported.Speaking at an Assocham event, Choudhary, a member of the Parliamentary Standing Commission on Finance, said deeper financialisation of…
HOWRAH: A couple was arrested on Friday for the murder of the man’s 62-year-old mother in Fatikgachhi, Jagatballavpur. The woman’s body was found inside a sack lying by the road on Thursday evening. The victim was identified as Sushama Denre. During interrogation, her son Shubhankar (36) confessed he had been fed up with her charitable…
Explosions shook buildings in Dubai on Friday, sending a large plume of smoke over the central area of the Middle East’s financial hub, marking day 14 of the conflict between the United States-Israel, and Iran.Click here for live updates on day 14 of Middle East warAn AFP correspondent on the scene described the building as…
US financial and technology companies are stepping up security and limiting office activity in parts of the Middle East, a day after Iran warned it could target economic centres linked to the United States during the ongoing regional conflict.Citi Bank asked employees to immediately leave its regional headquarters in the Dubai International Financial Centre, according…
MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint venture, Axis Max Life Insurance, by April 2027, potentially through a merger of Max Financial into the insurer. The agreement outlines a sequence of options to unlock value from the insurance business, with the…
The United States has intel that China might be weighing financial aid for Iran along with spare parts and missile components, CNN reported citing three people familiar with the matter. This comes after reports that Russia has been supplying Iran with real-time intelligence on the locations of US military assets in the Middle East, including…
Telugu actor Allu Arjun has extended significant financial support to veteran actress Pavala Shyamala, who is facing severe health and financial difficulties. The ‘Pushpa’ star has arranged for a fixed monthly sum of Rs. 10,000 to aid Shyamala and her daughter, a gesture widely praised by fans for its consistent and thoughtful nature. Allu Arjun,…
Behind the glamour of red carpets, Friday releases and social media fame lies a far more complex financial reality for actors. In exclusive conversations with ETimes, actors Adah Sharma, Chahatt Khanna, Nyrraa M Banerji and Chandan K Anand spoke candidly about the economics of surviving in the entertainment industry — from financial misconceptions and savings…
MUMBAI: Warning that governance lapses-not a lack of knowledge-lie at the heart of many financial failures, RBI deputy governor J Swaminathan said institutions often ignore red flags because incentives discourage speaking up, allowing risks to fester until they erupt into crises.Delivering the keynote address at the 3rd International Finance and Accounting Conference (IFAC) at the…
