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Can't brand consensual intimacy as rape after a relationship fails: SC

Can't brand consensual intimacy as rape after a relationship fails: SC

Concerned over the rising trend of filing criminal cases after the failure of relationships, the Supreme Court on Friday said that physical intimacy during good times cannot be branded as rape later just because the alliance soured or broke.

A bench of Justices B V Nagarathna and R Mahdevan, which discharged a Kerala resident man of charges of rape and cheating.

Cyclone Arnab: Odisha prepares to air-drop food in flood-hit districts

Cyclone Arnab: Odisha prepares to air-drop food in flood-hit districts

The Odisha government on Friday intensified relief and rescue operations and prepared to air-drop food packets in flood-hit Ganjam and Gajapati districts, where thousands of people have been marooned for over 24 hours due to floods triggered by incessant rain during cyclone Arnab, officials said.

Retail investors tap $234 mn in margin funding to trade Jio on debut day

Retail investors tap $234 mn in margin funding to trade Jio on debut day

Indian retail investors borrowed ₹2,228 crore ($234.06 million) to buy Jio Platforms shares ​on Wednesday, making it the fourth-largest margin-funded stock in the country, as strong listing-day demand encouraged traders to take on more risk.

Shares of billionaire Mukesh Ambani's telecom and digital company jumped 26.7% in debut trade, valuing it at around $137 billion and making it India's ‌second-largest listed company by market capitalisation.

Rahul Gandhi backs IDBI Bank staff, questions sale to Canada's Fairfax

Rahul Gandhi backs IDBI Bank staff, questions sale to Canada's Fairfax

Amid the IDBI bank disinvestment row, Congress leader Rahul Gandhi has expressed solidarity with the bank employees and questioned the government's decision to sell off the profitable public bank to a Canadian firm.

The Leader of Opposition in the Lok Sabha asserted that public banks are not assets to be sold off, they are tools to build the nation.

New RBI forex derivative rules make FCNR(B) hedging costlier for banks

New RBI forex derivative rules make FCNR(B) hedging costlier for banks

Hedging dollar interest payments on foreign currency non-resident (bank), or FCNR(B), deposits is set to become costlier for banks, with the Reserve Bank of India (RBI) requiring the lenders to set aside cash equivalent to 20 per cent of the exposure under its Foreign Exchange Risk Reserve (FERR) framework introduced earlier this month.

Fino Payments Bank posts ₹20.9 crore Q2 loss on margin compression

Fino Payments Bank posts ₹20.9 crore Q2 loss on margin compression

Fino Payments Bank reported a net loss of Rs 20.9 crore in the July-September quarter of FY27, with profitability affected by margin compression and higher depreciation following the migration of its core banking system.

Revenue rose 9 per cent sequentially to Rs 333.6 crore, while earnings before interest, taxes, depreciation and amortisation declined 19 per cent to Rs 35.1 crore.

Eleven Power to pursue legal remedies after HERC halts licence process

Eleven Power to pursue legal remedies after HERC halts licence process

Medanta co-founder Sunil Sachdeva-led Eleven Power Private Ltd (EPPL) has said it will pursue legal remedies after the Haryana Electricity Regulatory Commission (HERC) halted the process of granting it a parallel electricity distribution licence for Gurugram and Nuh.

Jio's strong market debut boosts confidence in India's IPO pipeline

Jio's strong market debut boosts confidence in India's IPO pipeline

Jio Platforms Ltd.’s sparkling debut was met with enthusiasm among investors, paving the way for more potential offerings by some of the country’s largest privately held companies.

The massive demand for Jio’s listing showed investors remain willing to commit significant capital to marquee deals, even against a difficult backdrop for Indian equities, according to investment bankers.

NCLT completely hijacked by Ministry of Corporate Affairs: Supreme Court

NCLT completely hijacked by Ministry of Corporate Affairs: Supreme Court

In a stinging remark, the Supreme Court on Thursday orally remarked that the Ministry of Corporate Affairs has completely hijacked the National Company Law Tribunal and its appellate body, NCLAT.

While calling for autonomy for the NCLT and NCLAT presidents over appointments, a bench comprising Chief Justice Surya Kant.

Cyclone Arnab: Andhra CM orders fast-track relief, early compensation

Cyclone Arnab: Andhra CM orders fast-track relief, early compensation

Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday directed officials to expedite relief operations, restore electricity, and fast-track compensation for people in areas affected by Cyclone Arnab, as the government continued relief and restoration work following the cyclone.

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