US midterms could accelerate stock market rotation; Goldman Sachs sees healthcare as ‘next leg of AI trade’

Samvat 2083: Kotak Mutual Fund expects moderate equity returns, favours quality stocks

With global uncertainties and volatile markets posing challenges, the fund house expects domestic economic resilience to support corporate earnings growth

‘US-India security ties lost in tariff row’: John Bolton urges Democrats to Repeal Trump's tariffs

Bubble or Revolution? IMF's Krishna Srinivasan on what AI means for Indian jobs

Compulsory retirement order is neither punitive nor stigmatic in character: SC

The Supreme Court upheld the Chhattisgarh government's order of compulsory retirement for several employees. It noted such orders are not punitive or indicative of misconduct against the employees. The court emphasised the importance of objective evaluations when determining an employee's suitability for continued service. It clarified that the decision should not be based on mere conjecture or whim.

Compulsory retirement order is neither punitive nor stigmatic in character: SC

The Supreme Court upheld the Chhattisgarh government's order of compulsory retirement for several employees. It noted such orders are not punitive or indicative of misconduct against the employees. The court emphasised the importance of objective evaluations when determining an employee's suitability for continued service. It clarified that the decision should not be based on mere conjecture or whim.

New Zealand election ends in cliffhanger as Luxon, Hipkins battle for power; early results awaited

The polling places in New Zealand closed after a competitive election campaign between National and Labour parties. Christopher Luxon of National seeks a second term against Chris Hipkins of Labour, who aims for redemption. Voter discontent over economic issues has complicated the path to majority for either party. Coalition talks may be necessary if no party achieves a clear majority.

Jharkhand: Tribal activist Nisha Bhagat's last rites to be held in Gumla, BJP demands CBI probe

Nisha Kumari Bhagat's death has drawn political reactions and calls for investigation from various groups. Her allegations against the Hemant Soren-led government and land brokers were made during a Facebook Live session. Following her death, her father has demanded a CBI inquiry into the circumstances surrounding it. The police have registered an unnatural death case but found no suicide note in her room.

Jharkhand: Tribal activist Nisha Bhagat's last rites to be held in Gumla, BJP demands CBI probe

Nisha Kumari Bhagat's death has drawn political reactions and calls for investigation from various groups. Her allegations against the Hemant Soren-led government and land brokers were made during a Facebook Live session. Following her death, her father has demanded a CBI inquiry into the circumstances surrounding it. The police have registered an unnatural death case but found no suicide note in her room.

IL JIN Electronics files draft papers for ₹2,500-crore IPO

The company plans to use the proceeds to repay or prepay certain outstanding borrowings, including accrued interest, availed by the company and its subsidiaries

Maharashtra allows 70 lakh farmers to register crops offline amid app glitches

The state revenue department has authorised talathi-level inspections in areas where technical problems prevent farmers from completing online crop registration.

10.642 kg hydroponic cannabis worth ₹3.72 crore seized at Pune airport

Wall Street grapples with $5.7 trillion rout as AI bets unwind

Wall Street is undergoing notable shifts as worries about the AI investment frenzy and political developments arise. This sharp sell-off brings forth doubts about the viability of AI infrastructure investments, scrutinizing valuations and corporate expenditures. The Democratic majority in Congress poses regulatory challenges, amplifying economic tensions. Investors are leaning towards more conservative sectors, yearning for assurance that AI investments will deliver anticipated results amidst these turbulent times.