Gold futures on the Multi Commodity Exchange (MCX) have surged to an all-time high, climbing 0.43% from Thursday's rates, reaching Rs 79,970 for contracts expiring on February 5, 2025. The precious metal has seen an upward trajectory this week, following a climb in spot prices which also touched record highs. As of 6:50 a.m. on Friday, gold's spot price in India stood at Rs 79,980 per 10 grams, according to the India Bullion Association. Despite the earlier rise, prices cooled o

The Madhya Pradesh High Court has given the state government six weeks to ensure proper disposal of Union Carbide factory waste in accordance with safety guidelines. This follows the shift of waste, sealed in 12 containers, from the defunct factory in Bhopal to a disposal site in Pithampur, about 250 km away, on January 2, 2025. The court’s decision comes after the state's Advocate General Prashant Singh expressed concerns about unrest in Pithampur due to misinformation about the wa

The Delhi High Court has denied anticipatory bail to former IAS trainee officer Puja Khedkar, who is facing serious charges of forgery, cheating, and attempting to deceive authorities in order to secure benefits for the Union Public Service Commission (UPSC) exam. Khedkar is accused of falsely claiming physical and mental disabilities, altering her name and surname, and forging an OBC certificate to qualify for the examination. The court observed that her actions were part of a larger conspir

In a significant legal development, the Bombay High Court has upheld the Maharashtra government's decision to award the Dharavi slum redevelopment project to the Adani Group, dismissing a challenge filed by UAE-based Seclink Technologies. The court ruled that there was no evidence of "arbitrariness, unreasonableness, or perversity" in the state government's decision-making process. Seclink Technologies had alleged that the tender conditions were specifically designed to favo

Telangana High Court Directs Action on JHCHS President’s Disqualification: The Telangana High Court has intervened in a dispute over the disqualification of the president of Jubilee Hills Co-Operative Housing Society Limited (JHCHS). In a recent ruling, Justice T. Madhavi Devi ordered the commissioner for cooperation and registrar of cooperative societies to review the membership records of the cu

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

The Bombay High Court recently condemned the rising number of frivolous petitions filed to stall redevelopment projects, calling it the "cheapest method" to delay legitimate work. In this case, a 67-year-old tenant, Khimjibhai Patadia, filed a petition claiming tenancy rights to resist eviction from the 83-year-old Bubna bungalow in Kandivali, Mumbai. The property was set for redevelopment, with all other tenants already vacating. Patadia's claims were rejected by the court, whi

The Gauhati High Court has directed the Assam government to respond to a petition challenging the legality of the Assam Compulsory Registration of Muslim Marriages and Divorces Act, 2024. The petition, filed by the All Assam Muslim Marriages and Divorces Registrar and Kazi Association, contests the newly enacted law, which replaces the Assam Moslem Marriages and Divorces Registration Act, 1935. The court has given the state government four weeks to respond and has stated that the issue of int

The Allahabad High Court has directed Additional Solicitor General (ASG) S.B. Pandey to seek instructions from the Ministry of Home Affairs and submit a response regarding the citizenship petition involving Rahul Gandhi by December 19, 2024. The matter was adjourned for hearing in the week beginning December 19, with the Court urging the government to present its findings on the issue. This follows a previous petition filed by S. Vignesh Shishir, a resident of Karnataka, who had pre

The 1990 Immigration Act brought significant changes to the H-1B visa program and employment-based green cards, imposing caps of 65,000 and 140,000 annually, respectively. These restrictions were implemented without considering the growing demand for skilled labor fueled by technological advancements. The arbitrary cap on H-1B visas quickly became insufficient as more than 70% of graduate students in tech fields at US universities were international students. In response to the escalat

The article highlights the significant increase in the number of wealthy individuals in India, specifically those reporting taxable incomes exceeding Rs 1 crore annually. Over 220,000 people now fall into this high-income bracket, with more than 100,000 of them joining in just the past three years. This sharp rise is attributed to the rapid economic growth in India, particularly in sectors such as technology, finance, and entrepreneurship. These industries have driven the creation of substant

The Andhra Pradesh High Court has raised concerns over the whereabouts of seven social media activists affiliated with the YSR Congress party who were reportedly arrested by the police for posting abusive messages against political rivals. The court admitted arguments on six habeas corpus petitions filed by the activists' family members and requested CCTV footage from the relevant police stations to determine the activists' status between November 4 and November 7. The state

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

The Andhra Pradesh High Court has ruled that a Public Interest Litigation (PIL) questioning the colors of Anna Canteen buildings is likely politically motivated. The Anna Canteens, established to provide affordable meals, have featured yellow and red colors since their inception, and there have been no recent changes to this scheme. The PIL was filed by Chandrasekhar Reddy, former president of the AP NGO Association, who alleged that the TDP was imposing its party colors on these government-f

The Telangana High Court has strongly criticized HYDRAA Commissioner Ranganath for conducting property demolitions without following legal procedures. During a hearing on Monday regarding a petition from affected parties, Ranganath appeared virtually to explain the demolitions. The court expressed frustration over the timing of the demolitions, questioning why they took place on a Sunday. Judges demanded to know if Ranganath was acting based on medi

The Supreme Court of India has taken a significant step by seeking a report from the Karnataka High Court concerning controversial comments made by Justice Vedavyasachar Srishananda. During a recent hearing focused on a landlord-tenant dispute, Justice Srishananda referred to a Muslim-majority area in Bengaluru as "Pakistan" and made a misogynistic remark about a woman lawyer. These statements have raised serious concerns about the conduct of judges and the implications of their wor

Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, who lost his diplomatic passport following recent election results, faced a significant legal hurdle in securing a new passport. Initially, his request for a 5-year regular passport was denied by the Vijayawada special court, which issued a passport valid for just one year. Displeased with this decision, Jagan canceled his planned trip to London and chose to challenge the court's ruling at the AP High Court. In a recent

The recent order by the Telangana High Court has stirred significant public interest regarding the political integrity of MLAs who have defected from the Bharat Rashtra Samithi (BRS) to the Congress party. The court has directed the Assembly Speaker’s office to make a decision on the status of these MLAs, who include prominent figures such as Hyderabad MLA Danam Nagender, Station Ghanpur MLA Kadiyam Srihari, and Bhadrachalam MLA Tellam Venkat Rao. The petition, filed by BRS MLAs Koushik

Former Pakistan cricketer Saeed Ajmal recently expressed his deep admiration for Sachin Tendulkar, describing him as the most "honest and kind" cricketer he has ever met. Speaking at the GloFans High School Cricket Cup launch in Sharjah and Ajman, Ajmal recounted the joy of dismissing the legendary Indian batter, highlighting the honor and respect he holds for Tendulkar. Despite the competitive nature of cricket, Ajmal emphasized the mutual respect and kindness that characterized th

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