IBC is to facilitate the resolution process and not to eclipse the statutory remedies NEW DELHI: Promoters of real estate companies use pending insolvency proceedings as a shield to protect themselves in court cases filed by homebuyers for not giving possession of flats, but Supreme Court on Monday clarified that a moratorium against the corporate…
US and Canada hold last-minute talks to stop Trump’s 50% tariffs The United States and Canada are in a race against the clock to reach a tariff agreement before a 12:01 am Wednesday deadline imposed by US President Donald Trump.Failure to strike a deal could see Trump impose 50% tariffs on $20 billion worth of…
UAE Supreme Court overturns man’s death sentence. The UAE Federal Supreme Court has overturned an appeal court ruling that upheld the death sentence of a man convicted of murdering a woman and attempting to kill another man, finding that his right to a proper defence had not been adequately protected.The case has now been sent…
‘There’s nothing quite as frightening as someone who knows they are right’ A room full of clever people falls silent when someone speaks with total confidence. Doubt creates space for discussion, compromise, and checking the facts. Absolute certainty does the exact opposite. It shuts down debate, ignores warning signs, and treats any disagreement as a…
The Delhi High Court observed that Clause 3.3 of the RBI circular gives banks the freedom to set interest rates. (Image for representative purpose only) Can banks change the rate of returns for fixed deposits on non-renewal? The Delhi High Court has ruled in favour of a fixed deposit holder after a bank cut the…
Piyush Goyal suggested to Daikin to go beyond assembling compressors to also manufacture them in India OSAKA: Daikin Thursday said that it is lining up fresh investments of Rs 2,800 crore, of which around Rs 1,300 crore will go towards R&D for chillers and high capacity air conditioners that can also be used in data…
File photo: Security personnel in J&K JAMMU: Security forces recovered 215 rounds of Pika gun ammunition from a terrorist hideout in the border district of Poonch, J&K, late Tuesday. An SOG team made the recovery during a routine patrol in Sawajian Gagranga village in Mandi tehsil, officials said. Police launched an investigation.On Wednesday, a cordon-and-search…
Quote of the day by Lao Tzu Lao Tzu, or Laozi, was a Chinese philosopher who founded Taoism and authored the Tao Te Ching, a classic Taoist text. He wrote the book when he got disillusioned with his job at the court of the central Chinese Zhou Dynasty, where he used to work as a…
Joe Root is set to return as England’s Test captain, with his second spell in charge likely to continue through next summer’s home Ashes series against Australia, The Athletic reported on Friday.England’s search for a new Test captain following Ben Stokes‘ retirement from international cricket now appears set to end with Root returning to the…
A lego effigy of Trump was seen being lit on fire at Khamenei’s funeral Iranian state media circulated a video showing a Lego doll depicting US President Donald Trump being set on fire, as mourners at Ali Khamenei’s burial repeatedly called for Trump’s death and burned effigies of the US leader. The burning of the…
