Axis Securities Ltd has entered into a settlement with the Securities and Exchange Board of India (SEBI) agreeing to pay a sum of Rs. 14.62 lakh to resolve charges of front-running activities. SEBI's investigation uncovered that Vikrant Bhimrao Kadam, a dealer at Axis Securities, colluded with his associate Mandar Ulhas Bhatkar to execute trades ahead of orders from SVI Consolidated Pvt Ltd, their major client. These trades were made in both the equity and derivatives segments of the Nati

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

A major legal battle is unfolding as Gautam Adani, the Indian business magnate, and several of his associates face a $265 million bribery charge in the United States. This indictment, which also implicates his nephew Sagar Adani and executives from an Indian renewable-energy company, is raising significant questions about the extraterritorial application of US laws, especially since those involved do not reside in the US. Prominent Indian-American attorney Ravi Batra highlighted the

In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022. So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro

A panel of state ministers, established by the Goods and Services Tax (GST) Council, is set to convene in Goa on September 24 and 25. This six-member group, led by Bihar Deputy Chief Minister Samrat Chaudhary, will review the implications of rate rationalization on at least 100 items. The discussions aim to analyze potential changes in GST slabs and rates, particularly focusing on essential goods. During the two-day meeting, the panel will explore various

Delhi Chief Minister Arvind Kejriwal has announced his resignation just a month before the crucial Delhi Assembly elections, marking an unusual move in the political landscape. Kejriwal, who was recently released on bail after spending nearly six months in Tihar Jail in connection with the Delhi Liquor case, made the startling announcement during a meeting with his party cadres. He vowed to step down from his position within the next 48 hours, promising to return to office on

Mumbai-based actress Kadambati Jetwani has recently become a significant topic in Andhra Pradesh’s political landscape due to her allegations of abuse and torture by certain YCP leaders, allegedly supported by the Andhra Pradesh police during YCP’s tenure. Jetwani's accusations have led to a serious response from the Andhra Pradesh government, which has directed the state police department to expedite the investigation into the matter. In a significa

In a notable twist in the TDP office vandalism case, several YCP leaders including Lella Appireddy, Talasila Raghuram, and Devineni Avinash have resorted to a famous dialogue from Jr NTR’s movie Adhurs — "Telidu… Gurthuledu… Marchipoya" (don’t know, forgot, don’t recall) — during their police investigation. This dialogue has humorously yet significantly become a part of their defense strategy. The Supreme Court had earlier directe

In the ongoing Kolkata hospital rape-murder case, the Supreme Court’s fresh scrutiny has significantly intensified the BJP's demand for the resignation of Kolkata Police Commissioner Vineet Goyal. The court's focus on alleged lapses in the police investigation, including a missing postmortem challan and the 14-hour delay in filing the First Information Report (FIR), has fueled calls for accountability. The Chief Justice of India, DY Chandrachud, emphasized the importance of the

The KCR household is experiencing a touching reunion following K Kavitha’s recent release on bail from Tihar jail, where she had been detained in connection with the Delhi Liquor scam case. After spending over 160 days away from her family, Kavitha’s return has brought immense relief and joy. Her emotional visit to her father, Chief Minister K. Chandrashekar Rao (KCR), at his Erravalli farmhouse was a poignant moment captured on video, showing Kavitha falling at her father's f

The catastrophic reactor blast at Escientia Pharma in Atchyuthapuram SEZ, Anakapalle, has claimed the lives of 18 workers, marking one of the most devastating pharma accidents in Andhra Pradesh this decade. The explosion has left 20 others injured, and the incident has raised serious concerns about the safety protocols at the plant. In response to the tragedy, Andhra Pradesh Chief Minister Chandrababu Naidu has announced a substantial ex-gratia payment of Rs 1 crore to each victim's famil

The recent rape and murder of a 31-year-old doctor at a Kolkata government hospital has led to intense scrutiny and a high-profile investigation by the Central Bureau of Investigation (CBI). The victim’s parents have petitioned the Calcutta High Court, alleging that the autopsy revealed a significant amount of semen in their daughter's body—150 mg—suggesting gang-rape. The postmortem report confirmed strangulation as the cause of death, along with numerous injury marks i

Former YCP minister Jogi Ramesh has encountered significant legal troubles following a police summons related to an attack on Chief Minister N. Chandrababu Naidu’s residence. This development comes as Jogi Ramesh faces questions about his involvement in the attack, including who accompanied him and the identities of those who orchestrated it. The police are keen to establish the extent of Ramesh’s involvement and his role in the attack. In addition to the police summons,

The opposition parties have repeatedly been fuming over the YSR Congress government in Andhra Pradesh claiming that AP has become the drug capital of India under Jagan's regime. Today's ground-breaking news update has claimed that the CBI seized a massive 25,000-kilogram drug consignment in Vizag.  Chandrababu Naidu and Nara Lokes swiftly sprung to action as they fumed on CM Jagan for the alleged big-scale drug bust that happened off the shores of Vizag. 

The Delhi Liquor Policy case that has been in investigation phase for nearly a year now took a steep curve as the chief minister of Delhi, ARvind Kejriwal was arrested by the Enforcement Directorate a short while ago.  The ED sleuths reached Kejriwal's residence earlier and carried out a search operation before arresting the CM upon an intimation to the governor. Kejriwal was arrested by the ED over money-laundering allegations in connection with the Delhi Liquor