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Prakash Raj, Dhruv Rathee join hands with Dipke, stage protest against SIR

Prakash Raj, Dhruv Rathee join hands with Dipke, stage protest against SIR

CJP founder Abhijeet Dipke, YouTuber Dhruv Rathee and actor-activist Prakash Raj led a protest here on Thursday against CEC Gyanesh Kumar, demanding his immediate resignation over alleged irregularities in the SIR of electoral rolls.

Protesters from various walks of life, including women and students, gathered in large numbers at Freedom Park and the mood dramatically turned electric.

Govt counters Musk, says satellite clearance process non-discriminatory

Govt counters Musk, says satellite clearance process non-discriminatory

India’s communications ministry on Thursday said it followed a “fair and non-discriminatory” authorisation framework for all telecommunication services, including satellite communication services, and that preferential clearance of any single operator would be inconsistent with that regulatory environment.

In a statement, the ministry said security assessment was part of the process and was currently under way for all three licensees. Once completed, the companies would move to the next stage of seeking spectrum assignment.

Awaiting approval of Satcom services: Bharti Airtel's Sunil Bharti Mittal

Awaiting approval of Satcom services: Bharti Airtel's Sunil Bharti Mittal

Dismissing Elon Musk's allegations that his satcom company Starlink is being blocked in India, Bharti Airtel chairman Sunil Bharti Mittal said that even his satcom venture, Eutelsat OneWeb, is awaiting approvals to start operations.

On Wednesday, Musk alleged that "certain oligarchs" have blocked Starlink in India to maintain their monopoly.

Bank deposits, demat investments in single account statement soon

Bank deposits, demat investments in single account statement soon

Come January 1, customers will be able to view their savings and investments across asset classes in a single monthly statement, with the Reserve Bank of India (RBI) on Wednesday allowing depositories regulated by the Securities and Exchange Board of India (Sebi) to include bank deposit information in their Consolidated Account Statement (CAS) through NBFC-Account Aggregators (AAs).

Oppn MPs head for sit-in protest at Jantar Mantar after solidarity lunch

Oppn MPs head for sit-in protest at Jantar Mantar after solidarity lunch

Opposition MPs of the INDIA bloc decided to hold a sit-in at Jantar Mantar on Wednesday to raise the issue of 'vote chori' and seek the ouster of Chief Election Commissioner Gyanesh Kumar, a day after their eight-hour dharna to press for a meeting with election commissioners.

A large number of MPs of opposition parties got together for lunch at a restaurant at Janpath in central Delhi hosted by Congress president Mallikarjun Kharge.

Sebi shares trade data with Jane Street, seeks response to allegations

Sebi shares trade data with Jane Street, seeks response to allegations

India’s markets regulator told a local court that it has shared with Jane Street Group LLC the trade logs it relied upon for its preliminary order against the Wall Street trader, pressing the firm to respond to the accusations of market manipulation.

The Securities and Exchange Board of India has provided time, quantity and pricing details of actual trades, Gaurav Joshi, a lawyer for the regulator, said. Until Monday, Jane Street’s lawyer had argued that most of the information in the trade logs was redacted.

Starlink waiting for final India clearances, says senior SpaceX executive

Starlink waiting for final India clearances, says senior SpaceX executive

Starlink is ready to work with India and is hopeful of receiving approvals soon to begin services, a senior executive of American billionaire Elon Musk’s satellite broadband provider said on Wednesday, noting that the company has built its operations specifically for the country’s security requirements.

Bajaj Finance raises FD rates by up to 40 bps after RBI rate hike

Bajaj Finance raises FD rates by up to 40 bps after RBI rate hike

Bajaj Finance, one of the largest deposit-taking non-banking financial companies (NBFCs), on Wednesday raised interest rates on fixed deposits (FDs) by 15-40 basis points (bps) across tenures of 12 to 60 months, with the revised rates effective October 7.

The move follows the Reserve Bank of India’s (RBI’s) six-member Monetary Policy Committee (MPC) raising the policy repo rate by 25 bps to 5.50 per cent from 5.25 per cent and changing its stance to calibrated tightening.

RBI allows account aggregator interoperability, enables CAS bank deposits

RBI allows account aggregator interoperability, enables CAS bank deposits

The Reserve Bank of India (RBI) will introduce interoperability among NBFC-Account Aggregators (NBFC-AAs), allowing people to access and share their financial data across different providers through a single aggregator of their choice.

The central bank will also facilitate depositories regulated by the Securities and Exchange Board of India (Sebi) to include information about bank deposit accounts in their Consolidated Account Statement (CAS) through NBFC-AAs.

Reliance drives India's Venezuela oil imports to seven-year high in Oct

Reliance drives India's Venezuela oil imports to seven-year high in Oct

India’s imports of Venezuelan oil are set to surge to the highest in almost seven years this month, as steep discounts lure refiners such as Reliance Industries Ltd. while Russian supplies become costlier.

Venezuelan crude deliveries to India are expected to more than double to about 465,000 barrels a day this month, from 196,000 in September, according to Kpler estimate.

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