A Constitution Bench of the Supreme Court on Thursday upheld the constitutional validity of the amendments made by the state of Tamil Nadu and Karnataka to the central law of the Prevention of Cruelty to Animal Act.

The judge bench comprising Justice KM Joseph, Justice Ajay Rastogi, Justice Aniruddha Bose, Justice Hrishikesh Roy and Justice CT Ravikumar dismissed a batch of petitions challenging the constitutionality of laws permitting Jalikattu, Kambala and bull-cart racing in Tamil Nadu, Karnataka and Maharashtra.

Prime Minister Narendra Modi will launch railway projects worth more than Rs 8,000 crore in Odisha on Thursday and flag off the state's first Vande Bharat Express that will connect Puri to West Bengal's Howrah, officials said.

He will flag off the Puri-Howrah Vande Bharat Express around 1 pm through video-conferencing. It will be the fastest train on the route, covering the 500 km distance in around 6.5 hours, a South Eastern Railway official said in Kolkata.

Shares of Jindal Saw hit a record high of Rs 198.25, as they rallied 13.5 per cent on the BSE in Thursday's intra-day, amid heavy volumes. The company, on Wednesday, reported strong March quarter (Q4FY23) earnings with consolidated net profit more-than-doubling to Rs 294 crore on the back of healthy operational performance. The stock has surpassed its previous high of Rs 179.65, touched on March 10, 2023.

The company, engaged in iron & steel business, had posted profit of Rs 121.84 crore in the year-ago quarter and of Rs 143.23 crore in the previous quarter.

Siddaramaiah will be the next chief minister of Karnataka with DK Shivakumar as his deputy, ending days of uncertainty, sources said.

Congress President Mallikarjun Kharge worked till late night Wednesday to break the political deadlock over the next CM in Karnataka and arrived at a consensus for government formation.

The Supreme Court granted on Wednesday three months' extension till August 14 to the Securities and Exchange Board of India (Sebi) to complete its probe into allegations made by US short seller Hindenburg Research against the Adani Group.

The top court had asked for a report by May 2 and the market regulator later sought a six-month extension.

IKEA India and HDFC Bank have entered a partnership to provide a seamless and cost-effective method for consumers to finance the purchasing of home furnishing goods.

Under this collaboration, IKEA will offer customers an equated monthly instalment (EMI)-based financing option.

Gaming and e-sports platform Nazara Technologies on Wednesday announced joining the All India Gaming Federation (AIGF) as a principal member. Nitish Mittersain, founder and chief executive officer (CEO) of the company will join the Executive Committee of AIGF. Nazara will lead the All-India Game Developers Forum (AIGDF) which is affiliated with AIGF.

Nazara Tech is India's only listed gaming company.

Larsen & Toubro (L&T) Construction's buildings & factories business has recently been awarded engineering, procurement and construction (EPC) contracts, the company said in a BSE filing.

The company has secured an order from a developer to construct residential towers in Thane, Mumbai.

Apparel exporters in Tiruppur and Noida have opted to close their manufacturing operations for 10-15 days every month to save operational costs amid a shortage of overseas orders, a report by The Economic Times (ET) said.

However, the apparel exporting units have not yet decided to lay off any employees, executives told ET.

Gold price rose Rs 110 in Wednesday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 61,910, according to the GoodReturns website. Silver price witnessed an increase of Rs 300 per kilogram, with 1 kg of the precious metal selling at Rs 75,100.

The price of ten grams of 22-carat gold rose Rs 100 to Rs 56,750.

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