Adani refutes allegations, winter session, Eknath Shinde, Cyclone Fengal & more

Last Updated: Nov 27 2024 | 8:55 PM IST

In a regulatory filing today, Adani Green Energy stated that the allegations against its executives Gautam Adani, Sagar Adani, and Vneet Jaain were incorrect. The Group said, while there are allegations of securities and wire fraud, none pertain to bribery or foreign corruption. During the ongoing winter session of the Parliament, Union Minister Ashwini Vaishnaw called for stricter laws to curb vulgar content on social media. Shiv Sena's Eknath Shinde said that his party will go along with whatever decision its ally BJP makes about the next Maharashtra chief minister. Cyclone Fengal is closing in on Tamil Nadu and is likely to intensify by tonight. The IMD has issued a ‘red alert’ in the state and neighboring regions. Shares of Ola Electric surged 19.6% today to hit an upper circuit of Rs 88.1 , following the unveiling of its affordable electric scooter range—the S1 Z and Gig—with prices starting at Rs 39,000.

NEW LABOUR CODES: IMPACT ON JOBS IN INDIA

Former labour secretary, Sumita Dawra, decodes the new labour codes, in a conversation with Nivedita Mookerji, executive editor, Business Standard, and AK Bhattacharya, editorial director,

Updated On: 06 Dec 2025 | 3:09 PM IST

RBI rate cut is here: What happens to FD rates, EMIs and your savings now

RBI has cut the repo rate by 25 bps to 5.25%. That’s great news for borrowers but it can be bad news for fixed deposit investors. Here’s what may happen to FD rates, what senior citizens can do

Updated On: 05 Dec 2025 | 8:05 PM IST

RBI cuts repo rate; SBI, HDFC, ICICI to remain ‘too big to fail’ banks, & more

The RBI’s six-member MPC cut the repo rate by 25 bps to 5.25% and kept the policy stance neutral.

Updated On: 05 Dec 2025 | 7:38 PM IST

H-1B under the lens: US to scan LinkedIn and online footprints before granting visas

The Trump administration has tightened checks on H-1B visa applicants once again. This time, even your LinkedIn activity and content moderation history could determine your eligibility. Here’s what’s

Updated On: 05 Dec 2025 | 1:59 PM IST

I-T flags 25,000 “high-risk” cases for undisclosed foreign assets

The Income Tax Department has launched a fresh compliance drive targeting undisclosed foreign assets and income. Around 25,000 individuals will receive SMS and email alerts asking

Updated On: 05 Dec 2025 | 1:55 PM IST

RBI cuts repo rate by 25 bps to 5.25%, keeps policy stance ‘neutral’

The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25 per cent in its December policy review. The central bank has also raised its growth forecast and lowered its inflation

Updated On: 05 Dec 2025 | 1:52 PM IST

Why the Aravallis matter (and what a new rule could put at risk)

The Aravalli range is more than a backdrop to Delhi-NCR. It helps recharge groundwater, buffers dust and desert winds, and supports crucial wildlife corridors.

Updated On: 05 Dec 2025 | 1:53 PM IST

Putin in India: The real agenda behind the summit

Vladimir Putin’s two-day India visit is packed with symbolism — but the real story is what’s being negotiated: defence upgrades, nuclear energy, oil and payment routes, and a plan to rebalance trade.

Updated On: 05 Dec 2025 | 1:43 PM IST

Rupee at record low: Can a US trade deal trigger a turnaround?

The Indian rupee has slipped to an all-time low against the US dollar, pressured by foreign investor exits and global trade tensions. A new poll suggests a mild recovery could be ahead