Delhi

India: Jewellers see no sparkle in sales this Dhanteras

New Delhi/Mumbai, Oct 25 (PTI) Gold and jewellery sales were muted so far on the occasion of Dhanteras as people preferred silver coins and utentils for token buying amid sluggish consumer spending and high rates of the precious metal, according to industry players.

Dhanteras, celebrated in northern and western parts of India on Friday, is considered an auspicious day for buying gold, silver and other valuables.

India: SC asks J&K HC to expeditiously decide plea on detention of NRI businessman

New Delhi, Oct 24 (PTI) The Supreme Court asked the Jammu and Kashmir High Court on Thursday to "expeditiously" pass order on a petition seeking directions to the authorities to produce before it some persons, including an NRI businessman, detained following the abrogation of provisions of Article 370.

The apex court, which was hearing a plea filed by the wife of a Malaysia-based NRI businessman against detention of her husband, said this after it was informed that the high court has reserved its order on the plea pending before it.

Shah indicates BJP will form next govt in Haryana

New Delhi, Oct 24 (PTI) BJP president Amit Shah indicated on Thursday that his party will stake claim to form the next government in Haryana after the assembly election results threw up a hung verdict.

The BJP was either winning or leading in 40 seats in the elections to the 90-member state assembly, according to the latest election commission figures, falling short of the majority mark of 46.

India: Fitch cuts India's FY20 GDP growth forecast to 5.5 pc

New Delhi, Oct 24 (PTI) Fitch Ratings on Thursday slashed India's GDP growth forecast in the current fiscal to 5.5 per cent saying a large credit squeeze emanating from shadow banks has pushed economic growth to a six year low.

Fitch, which had in June this year put India's GDP growth at 6.6 per cent for the fiscal year that began in April 2019, said the recent government measures to boost economy including a cut in corporate tax rates will gradually nudge growth.

Delhi HC dismisses plea against odd-even vehicle scheme

New Delhi, Oct 23 (PTI) The Delhi High Court Wednesday dismissed a PIL challenging the AAP government's proposed odd-even road rationing scheme which is expected to be in force from November 4-15.

A bench of Chief Justice D N Patel and Justice C Hari Shankar declined to entertain the plea as the petitioner had not made any representation to the government before approaching the court.

The court also said that the petition was filed without the details of the scheme which is yet to be notified by the Delhi government.

India: Infosys plunges 16 pc on whistleblower complaint

New Delhi, Oct 22 (PTI) IT services firm Infosys on Tuesday plummeted 16 per cent on concerns over a whistleblower complaint which alleges that two of the company's top executives were indulging in unethical practices to increase short-term revenue and profits.

The scrip plunged 15.94 per cent to Rs 645.35 on the BSE.

On the NSE, it tanked 15.99 per cent to Rs 645.

Indian PM Modi, Nobel laureate Banerjee hold discussions

New Delhi, Oct 22 (PTI) Nobel laureate Abhijit Banerjee on Tuesday called on Prime Minister Narendra Modi and held a "healthy and extensive" interaction on various subjects.

Banerjee, an Indian-born American professor at Massachusetts Institute of Technology, has won Nobel in economics, jointly with wife Esther Duflo and Michael Kremer for "experimental approach to alleviating global poverty".

India: CBI files charge sheet before Delhi court against Chidambaram, Karti, others

New Delhi, Oct 18 (PTI) The CBI filed a charge sheet before a Delhi court Friday in the INX Media corruption case accusing former finance minister P Chidambaram and others including bureaucrats of causing loss to the exchequer by allegedly committing offences under the Prevention of Corruption Act.

The charge sheet filed before Special Judge Lal Singh.

India: 4 held for smashing judge's car window, fleeing with bag

New Delhi, Oct 20 (PTI) Four men have been arrested for allegedly smashing the rear window of a judge's car and fleeing with her bag containing a wallet, documents and debit cards.

The incident had occurred at a traffic signal near the Okhla Industrial area on September 9.

A special task force (STF) team of the southeast district police arrested Arun, 25, Satvel, 25, Sanju, 22, and Ritik, 20, and also recovered stolen ATM cards, visiting cards and house key. It had also seized two scooters and a catapult.

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