Highlights: Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

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10:24 PM

McKinsey & Company agrees to pay $650 million to settle US investigation into opioids work

McKinsey & Company agrees to pay USD 650 million to settle US investigation into opioids work, reports AP, citing court papers.

9:46 PM

Over 340 terrorists killed in first 10 months in Pakistan; highest terror incidents in Khyber Pakhtunkhwa

At least 341 terrorists were killed by the security agencies in various actions across the country during the first ten months of this year, the Parliament was told on Friday.
 

Also, at least 1,566 terrorism incidents occurred in the 10 months, with highest 948 in Khyber Pakhtunkhwa followed by 532 in Balochistan, leading to a total of 924 deaths.

The Interior Ministry shared the details with the National Assembly in response to a question by lawmaker Hameed Hussain of Majlis Wahdat-i-Muslimeen party of Shiite Muslims, who had sought details of actions to improve the law and order in the country.

8:58 PM

India-UAE partnership a 'model' relationship: Jaishankar

 India and the United Arab Emirates (UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up energy cooperation including long-term supplies and collaboration in upstream and downstream projects.
 

Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan.

8:39 PM

AAP MLA Raghuvinder Shokeen takes oath as Delhi minister

AAP MLA from Nangloi Jat Raghuvinder Shokeen on Friday took oath as a minister in the Delhi government.
 

Shokeen was administered the oath by the Delhi Lieutenant Governor VK Saxena at the Raj Niwas. The ceremony was also attended by the Chief Minister Atishi.

In a post on X, LG Saxena said, "Administered Oath of Office and Secrecy to Raghuvinder Shokeen, as a Minister in GNCTD, in the presence of CM Atishi and other cabinet ministers. My congratulations and best wishes to Shokeen. May he work to fulfil the aspirations of the people of Delhi." Congratulating the new minister, CM Atishi, in a post on X in Hindi, said, "Congratulations to Raghuvinder Shokeen on taking oath as minister. I have full faith that as a minister, you will serve the people of Delhi and make their lives better." AAP supremo Arvind Kejriwal also congratulated Shokeen.

8:20 PM

LIC MF may consider IPO once its AUM hits Rs 1 trn: MD RK Jha

LIC Mutual Fund might consider an IPO once its asset under management (AUM) reaches the Rs 1 lakh crore mark, which it was targeting by FY'26, a top official said on Friday.
 

At present, LIC MF's AUM was around Rs 38,000 crore, a significant jump from Rs 16,526 crore in FY'23.

"We have grown by 67 per cent in FY'24 and our current growth run rate is 30 per cent," LIC MF Asset Management Ltd MD and CEO RK Jha told PTI.

He said the current equity contribution across all funds is 47 per cent, with debt accounting for the remaining 53.

Institutional and corporate investors have put their money mostly in debt funds, while retail participation is skewed towards equity, he added.

8:12 PM

Adani Green Energy arm incorporates subsidiary for renewable energy business

Adani Renewable Energy Holding Nine Ltd has formed a wholly owned subsidiary which would operate in the renewable energy space, according to a filing.
 

Adani Green Energy Sixty Nine Ltd (AGE69L) has been incorporated on Friday by its wholly-owned subsidiary Adani Renewable Energy Holding Nine at Ahmedabad, Adani Green Energy Limited (AGEL) said in an exchange filing.
 

The main objective of AGE69L is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy, the filing added. 

7:52 PM

NC to discuss its opinion on 'One Nation, One Election': Jammu and Kashmir CM Omar Abdullah

Jammu and Kashmir Chief Minister Omar Abdullah on Friday said the National Conference will decide on the 'one nation, one election' bill before it is put to vote.

The Union cabinet headed by Prime Minister Narendra Modi on Thursday approved the constitutional amendment bill to roll out the concept of simultaneous Lok Sabha and state assembly polls.

6:42 PM

Cabinet expansion of Maharashtra govt on Dec 15; about 30 ministers likely to take oath at function in Nagpur

Cabinet expansion of Maharashtra govt on Dec 15; about 30 ministers likely to take oath at function in Nagpur, sources said. 

6:23 PM

Sports advisory committee, government observers need of the hour: Ex-athletes to minister

Former athletes and coaches on Friday urged sports ministry to constitute an advisory committee to bring about transparency in the selection of athletes, and also emphasised on the need to appoint government observers to oversee the functioning of the National Sports Federations (NSFs).

Sports Minister Mansukh Mandaviya met a 21-member delegation to gauge their views on the draft National Sports Governance Bill, with many of them saying the bill was a step in the right direction as India aim to become a sporting powerhouse.
 

"The government should constitute a sports advisory committee to ensure transparency in the selection process. Also, government observers have not been appointed for a few years now, so that should be done on priority," said Asian Games medallist and multiple-time national champion boxer Raj Kumar Sangwan, who was part of the delegation.

"We highlighted several issues being faced by sportspersons in the country. The government and sportspersons are both unhappy with the attitude of the NSFs. It is important to bring about a change in the (functioning of the) federations and to create an environment whereby the Sports Bill gets passed in Parliament," he said.

5:24 PM

News update: India's forex reserves drop to $654.85 bn for week ended Dec 6

4:53 PM

News update: Allu Arjun had nothing to do with stampede. ready to take back case, says victim's husband

Pushpa actor Allu Arjun was taken into custody today and brought to Chikkadpally police station for questioning.

4:46 PM

News update: Ex-NCW chairperson Rekha Sharma elected unopposed in Rajya Sabha bypoll from Haryana

4:37 PM

Americans are sour on tariffs if they spark inflation, says poll

Americans don't think import tariffs are a good idea if they lead to higher prices and are skeptical they would help U.S. workers, a Reuters/Ipsos poll found, underscoring the political risks to President-elect Donald Trump's plan to impose heavy fees on goods from China, Mexico and other nations.

Only 29% of respondents in the six-day poll, which closed on Tuesday, agreed with a statement that "it's a good idea for the U.S. to charge higher tariffs on imported goods even if prices increase," while 42% disagreed. Another 26% said they didn't know and the rest didn't answer the question.

4:31 PM

Kolkata court grants bail to RG Kar's ex-principal Ghosh, ex-police officer Mondal in doctor rape-murder case

Kolkata court grants bail to RG Kar hospital's ex-principal Sandip Ghosh, former police officer Abhijit Mondal in doctor rape-murder case.

3:52 PM

'Will not become court of first appeal': SC on plea against 8 Goa MLAs who defected to BJP

The top court has refused to entertain a plea challenging a decision of the Goa assembly speaker rejecting a disqualification petition of the Congress against eight of its MLAs who defected to the ruling BJP in 2022. Senior advocate Abhishek Manu Singhvi, appearing for Congress leader and petitioner Girish Chodankar, said Goa assembly speaker Ramesh Tawadkar took 720 days in deciding the plea for disqualification of the Congress MLAs owing to their defection.

3:31 PM

Karnataka HC grants bail to Kannada film actor Darshan in Renukaswamy murder case

The Karnataka High Court has granted bail to Kannada film actor Darshan and his friend Pavithra Gowda in Renukaswamy murder case.

3:01 PM

Prayagraj not just geographical location, it is place for spiritual experience, says PM Modi

Differences of castes and sects disappear at Maha Kumbh, it is 'mahayagya' of unity, PM Modi said in Prayagraj.

2:52 PM

Punjab govt should procure all crops of farmers at MSP: Haryana CM Saini

Chief Minister Nayab Singh Saini was asked a question about Punjab farmer leader Jagjit Singh Dallewal, who is sitting on fast-unto-death, and has also written an open letter to Prime Minister Modi in which he said that MSP to every farmer is like the fundamental right to live. Saini said the AAP dispensation in Punjab and the states where Congress is in power should also take a decision to empower the farmers.

2:36 PM

Techie suicide: Bengaluru police summons Atul Subhash's wife, paste notice at her Jaunpur home

As part of its probe into the suicide of engineer Atul Subhash, the Bengaluru City Police on Friday issued a summons to his wife Nikita Singhania and asked her to appear before it within three days. The 34-year-old techie ended his life on Monday in Bengaluru, alleging harassment at the hands of his estranged wife and her family.

1:53 PM

If PM Modi stopped Russia-Ukraine war, he should also stop atrocities on Hindus in Bangladesh: Uddhav

PM Modi should inform Parliament about steps India is taking to protect Hindus in Bangladesh, Uddhav Thackeray stated today. 

1:15 PM

'One nation, one election' is BJP's ploy to destroy democracy, says Sanjay Raut

Shiv Sena (UBT) leader Sanjay Raut on Friday said "one nation, one election" is the BJP's ploy to destroy democracy, and the party is pushing the bill for its "selfish" purpose. The Union Cabinet headed by Prime Minister Narendra Modi on Thursday approved the constitutional amendment bill to roll out the concept of simultaneous Lok Sabha and state assembly polls.

12:59 PM

Allu Arjun taken in custody over stampede at Pushpa 2 screening

Actor Allu Arjun has been arrested over stampede at Pushpa 2 screening in Hyderabad in which a woman died

12:36 PM

No force should be used to break Punjab farmer leader Dallewal's protest: Supreme Court

The Supreme Court stated that no force should be used to break Punjab farmer leader Dallewal's protest unless it is imperative to save his life.

12:20 PM

EPFO subscribers may soon withdraw claim amounts via ATMs

Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce.

11:35 AM

Hindu growth model of PM Modi encompasses speed, transparency and inclusivity: Maharashtra CM Fadnavis

Maharashtra aspires to be a 1 trillion dollar economy by 2028: CM Devendra Fadnavis at the World Hindu Economic Forum in Mumbai. 

11:03 AM

RBI receives bomb threat: Mumbai cops launch investigation

According to Zone 1 DCP, Mumbai Police, “A threatening email was received on the official website of Reserve Bank of India. The email, in the Russian language, warned of plans to blow up the bank. A case has been registered against unknown accused at Mata Ramabai Ambedkar Marg (MRA Marg) police station.” Read here for more details.

10:42 AM

PM Modi, Parliamentarians pay tributes to Parliament attack martyrs

Vice President Jagdeep Dhankhar, Prime Minister Narendra Modi and Lok Sabha Speaker Om Birla, several Union ministers and MPs on Friday paid floral tributes to those who laid down their lives in the 2001 terror attack on Parliament 23 years ago.

10:28 AM

RBI recieves threat mail, message sent to Governor's email ID in Russian

The Reserve Bank of India has received an email, threatening to blow up the bank's Mumbai office with explosives. The threat comes just days after Sanjay Malhotra took charge as the 26th Governor of the Reserve Bank, replacing Shaktikanta Das who left office after six years. Malhotra served as an IAS officer from the Rajasthan cadre. 

9:58 AM

Two drug peddlers detained under NDPS Act in J-K's Kathua

Two suspected drug peddlers, including a woman, were imprisoned under stringent the NDPS Act in Jammu and Kashmir's Kathua district, police said on Friday. Gurnam Singh alias Katta of Chak Drab Khan and Asha Bibi of Khanpur-Marheen were habitual drug peddlers and their detention warrants under the Narcotic Drugs and Psychotropic Substances (NDPS) Act were issued by the Jammu divisional commissioner to prevent their illegal activities, a police spokesperson said.

9:44 AM

4-storey building partially collapses in Mumbai''s Bhendi Bazar

A four-storey vacant building partially collapsed at the Bhendi Bazar area of south Mumbai in the early hours of Friday, officials said here. There were no casualties, the officials said, adding fire brigade personnel are at the site and clearing the rubble.