NEW DELHI, June 22:Appellate tribunal NCLAT has quashed an NCLT order that denied permission to the lenders of debt-ridden Raigarh Champa Rail Infrastructure to start a fresh bidding process. The development has come as a relief to JSW Energy which had sought permission to participate in the insolvency resolution process of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL), an ancillary company of KSK Mahanadi. JSW Energy has already acquired KSK Mahanadi Power, a 3,600 MW thermal power plant

KOLKATA, June 21: The Securities and Exchange Board of India (SEBI) is undertaking a comprehensive review of mutual fund regulations to make them more investor-centric and industry-friendly, a senior official said on Saturday. We are reviewing the entire mutual fund regulatory framework to enhance ease of doing business for all stakeholders, including the regulator, SEBI executive director Manoj Kumar said at the 17th Mutual Fund Summit organised by the Indian Chamber of Commerce (ICC) here. Exi

MUMBAI, June 21: There has been a 92 per cent year-on-year uptick in gig job or freelance opportunities last year in the blue collar space, as per a report. This reflects a rising dependence on flexible, on-demand labour, driven by the rapid expansion of e-commerce, food delivery, and ride-hailing platforms, said a report by blue and grey-collar recruitment platform WorkIndia. What were seeing is the platformisation of ambition. The likes of quick commerce havent just created demand, theyve val

ISLAMABAD, Jun 21: The Pakistan government on Saturday said it has decided to formally recommend US President Donald Trump for the 2026 Nobel Peace Prize for his decisive diplomatic intervention during the recent India-Pakistan conflict. The announcement came this in a post on X, with the headline: Government of Pakistan Recommends President Donald J Trump for 2026 Nobel Peace Prize. The announcement came three days after Trump hosted Pakistan Army chief Asim Munir at the White House. The Govern

MUMBAI, June 20:The rupee appreciated by 14 paise to close at 86.59 (provisional) against the US dollar on Friday aided by a fall in global crude oil prices and a weakening greenback. A strong show in the domestic equity markets, and FII inflows further supported the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 86.65 against the US dollar and traded in a narrow range of 86.55-86.67 before settling at 86.59 (provisional), [] The post Rupee rises

NEW DELHI, Jun 20: Air India has cancelled several international and domestic flights on Friday due to increased aircraft checks, bad weather, and airspace restrictions. Affected flights include services between Dubai, Chennai, Delhi, Melbourne, Pune, Ahmedabad, Hyderabad, and Mumbai. As per the statement from Air India, Air Indias international flights AI906 from Dubai to Chennai; AI308 from Delhi to Melbourne; AI309 from Melbourne to Delhi; AI2204 from Dubai to Hyderabad and domestic flights A

MUMBAI, June 19: The rupee registered the third straight session of fall and depreciated 30 paise to close at 86.73 (provisional) against US dollar on Thursday, weighed down by the strength of the American currency in the overseas markets and rising crude oil prices. Forex traders said the rupee depreciated for the third consecutive day, logging a loss of 69 paise, primarily due to prevailing risk-averse market sentiment and dollar demand from importers, fuelled by ongoing geopolitical uncertai

NEW DELHI, June 18 : The Government on Wednesday said that all central government staff covered under the Unified Pension Scheme (UPS) will now be eligible for retirement and death gratuity benefits available under the Old Pension Scheme. This is in keeping with the long-pending demand by a large section of government employees, he said. The move addresses a significant demand of government staff and brings parity in retirement benefits, Minister of State for Personnel Jitendra Singh said here.

NEW DELHI, June 17: Globe Civil Projects Ltd, a civil construction and infrastructure development company, on Tuesday said it has fixed the price band at Rs 6771 per equity share for its forthcoming initial public offering (IPO). The issue will open for subscription on June 24 and will close on June 26, the company said in a statement. The company will fetch about Rs 119 crore at the upper end of the price band. Its shares will be listed [] The post Globe Civil Projects sets IPO price band at R

NEW DELHI, June 17: TVS Motor Company on Tuesday announced its foray into the Indonesian electric two-wheeler market with its all-electric scooter iQube. The companys arm PT TVS Motor has opened bookings for iQube in Indonesia at an introductory price of IDR 29.9 million (around Rs 1.6 lakh), TVS Motor Company said in a statement. Electric vehicle (EV) adoption in the two-wheeler segment of Indonesia has seen a strong growth of 101 per cent CAGR (compound annual growth rate) [] The post TVS Mot

NEW DELHI, June 16: Domestic passenger vehicle wholesales were down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492 units in the same month last year, Society of Indian Automobile Manufacturers said on Monday. Two-wheeler dispatches from manufacturers to dealers were up 2.2 per cent at units 16,55,927 in May as compared to 16,20,084 units the same month a year ago, according to the latest data released by the Society of Indian Automobile Manufacturers [] The post Passeng

NEW DELHI, June 15: Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted. Stock markets faced heightened volatility last week and ended in the red amid escalating geopolitical tensions, which sparked a risk-off sentiment. Investor sentiment was hit hard on surging oil prices as

Ahmedabad (Gujarat), Jun 13: The lone survivor of the Ahmedabad plane crash, Vishwash Kumar Ramesh, who miraculously escaped death, shared his horrific experience on Friday, moments after interacting with Prime Minister Narendra Modi. In an interview with Doordarshan, he narrated the incident and said that his seat, 11-A, was situated in a part of the plane that had landed on the ground floor of the building, which it had crashed into. Vishwash, who is a British Citizen of Indian origin, [] The

New Delhi, Jun 12: Prime Minister Narendra Modi on Thursday spoke to Civil Aviation Minister K Rammohan Naidu and took stock of the plane crash at the Ahmedabad airport. The Boeing 787 aircraft operating the flight AI 171 from Ahmedabad to Gatwick (the UK) crashed immediately after take off. There were 242 people, including 12 crew members, onboard. Modi personally spoke to Naidu and took stock of the Air India plane crash incident in Ahmedabad, an official at the civil [] The post PM Takes Stoc

NEW DELHI, June 11: Gold prices jumped Rs 820 to Rs 98,490 per 10 grams in the national capital on Wednesday due to fresh buying by retailers and stockists in line with firm global trends, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity appreciated by Rs 750 to Rs 98,000 per 10 grams (inclusive of all taxes). However, silver prices traded flat at Rs 1,07,100 per kilogram (inclusive of all taxes) on [] The post Gold jumps Rs 820 to Rs 98,490/10 g; silver

New Delhi, Jun 10: Gold prices slipped Rs 110 to Rs 97,670 per 10 grams in the national capital on Tuesday due to persistent selling by jewellers and stockists, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity fell Rs 100 to Rs 97,250 per 10 grams (inclusive of all taxes). Snapping a seven-day winning streak, silver prices plunged by Rs 1,000 to Rs 1,07,100 per kilogram (inclusive of all taxes) on Tuesday. The [] The post Gold Slips Rs 110 To Rs 97,670/10

NEW DELHI, June 10: The 51.3 crore initial public offering of Jainik Power Cables, a manufacturer of aluminium wire rods, opened for subscription on Tuesday. The Initial Public Offering (IPO) priced in the range of Rs 100-110 per share, will remain open until June 12, the company said in a statement. Shares of the company will be listed on NSE Emerge, and the investors can bid for a minimum of 1,200 shares and in multiples thereof, it added. The [] The post Jainik Power Cables IPO opens for sub

New Delhi, Jun 8: Indias active Covid case tally crossed the 6,000 mark with 769 new infections being reported in the last 48 hours, according to the Union health ministry data released on Sunday. Kerala continues to be the most affected state, followed by Gujarat, West Bengal and Delhi, according to the ministry. Due to the rising Covid cases, the Centre is conducting mock drills to check facility-level preparedness and has instructed all states to ensure availability of oxygen, isolation [] Th

NEW DELHI, June 8: Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted. Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such as CPI inflation will be closely tracked to gauge demand trends and the central banks

NEW DELHI, Jun 7: Indias extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to USD 3 per day. Given Indias inflation rate between 2017 and 2021, a revised extreme poverty line of USD 3 would constitute a 15 per cent higher threshold than USD 2.15 expressed in 2021 prices and result in a 5.3 per cent poverty rate in [] The post Extreme poverty in India down to 5.3 pc in 2022-23: World

New Delhi, Jun 7: In a bid to further research, the government has enhanced financial limits for the procurement of scientific instruments and consumables by various scientific institutions, including those pursuing research in the defence sector. According to the amendments to the special provisions in the general financial rules (GFR), vice chancellors and directors of various research and development institutions will now be able to purchase scientific equipment and consumables for research p

WASHINGTON, Jun 6 : China is an absolutely impossible factor to ignore in Indias latest confrontation with Pakistan, Congress leader Shashi Tharoor has said, emphasising that a thaw in relations between Delhi and Beijing over the past few months was seemingly making good progress before the conflict. Tharoor, who is leading a multi-party parliamentary to the US, said, Im not going to mince my words, but we are aware that China has immense stakes in Pakistan. His remarks came during [] The post C

KATRA, June 6: Prime Minister Narendra Modi today started his speech in Dogri during his address to a massive rally at Katra. Earlier also during his visits to Jammu, Modi starts address in Dogri. Follow the Daily Excelsior channel on WhatsApp He first recited Aum for few seconds and then said: Mata Vaishno Devi Dey Charne Ch Matha Tekna. Jai Mata Di (I bow in the feet of Goddess Vaishno Devi). Modi also made a mention of Dogra warrior Veer [] The post I bow at Goddess Vaishno Devis feet appeare

Excelsior Correspondent Srinagar, June 6 Eidul Adha, festival of sacrifices, is being celebrated tomorrow across Jammu and Kashmir with religious fervor. The largest congregation is being held at Hazratbal with Eid prayers being observed across various Eidgahs and Masjids in J&K. Follow the Daily Excelsior channel on WhatsApp Soon after the Eid prayers, sacrifices of the animals will be offered by the people. People over the last two weeks were busy purchasing sacrificial animals. It commemorate

KATRA, Jun 6: As the valley delves into jubilation over freshly launched rail connectivity, traders in adjacent Jammu were a bit subdued, apprehending a loss of business because of the travellers bypassing them wholesale straight to Kashmir. As a result, traders outfits in the district have urged the government to think about the economic impact and address it. We congratulate the prime minister on this historic step. It will provide Kashmir with all-weather connectivity. But it will inevitably

BOSTON, June 6: Democratic state attorneys general on Friday will seek to block President Donald Trumps proposal for a sweeping overhaul of US elections in a case that tests a constitutional bedrock the separation of powers. The top law enforcement officials from 19 states filed a federal lawsuit after the Republican president signed the executive order in March, arguing that its provisions would step on states power to set their own election rules and that the executive branch [] The post Fed

LYON (France), June 6: Global police organisation Interpol says 20 people have been arrested in Europe and the Americas following a cross-border operation in 12 countries targeting child sexual abuse material. The operation, led by Spanish police, started at the end of last year after police officers identified online messaging groups circulating child sexual exploitation images. Spanish authorities arrested seven suspects, including a health care worker and a teacher, Interpol said. The health

Ayodhya (UP), Jun 6: A total of 45 kilograms of pure gold has been used in the construction of the Ram Temple in Ayodhya, according to Nripendra Mishra, the chairman of the Ram Temple Construction Committee. Mishra informed on Friday, a day after the consecration of the Ram Darbar on the first floor of the temple complex. He said the estimated value of the gold, excluding taxes, is around Rs 50 crore. Gold has been used extensively in the doors [] The post Ayodhya: 45 kg of gold used in Ram Temp

NEW DELHI, June 6:Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers body FADA said on Friday. The passenger vehicle registrations last month stood at 3,02,214 units, as compared to 3,11,908 units in May 2024. Entry-level models were hardest hit, as constrained financing and subdued consumer sentiment compounded the slowdown,

Mumbai, Jun 6: How to dismiss Cheteshwar Pujara? It was the million-dollar question Rohit Sharma and his Mumbai teammates discussed the most in a huddle during their junior cricket days, as they knew the Saurashtra batter could ground them to the dust over two or three days of persistent batting. Rohit reminisced that the wicket of Pujara was often the difference between a victory or defeat for his team in age-group matches, the early signs of the doughty batter who [] The post Growing up, team

Katra (JK), Jun 6: Chief Minister Omar Abdullah on Friday raked up the issue of restoration of statehood to Jammu and Kashmir at the flagging off of the maiden train to Kashmir by Prime Minister Narendra Modi in this pilgrim town. There are four persons on this stage who were present at the inauguration of the Katra railway station (in 2014). You had just won the election, becoming the Prime Minister for the first time. MoS in PMO Jeetendra Singh [] The post Omar Rakes Up Statehood Issue, Hopes

Katra, Jun 6: Railway Minister Ashwani Vaishnaw on Friday said the dream of connecting Kashmir to the rest of the country through a railway link has become a reality due to the determination and sharp focus of Prime Minister Narendra Modi. The nation had nurtured the dream of the Jammu-Srinagar-Baramulla railway line for decades. There were many difficulties, like tall mountains and deep valleys. But we do not have to fight nature through a network of bridges and tunnels, [] The post Dream Of R

JAMMU, Jun 6: Jammu and Kashmir chief minister Omar Abdullah on Friday raised the issue of statehood for the union territory in front of Prime Minister Narendra Modi, saying that he had been demoted. Abdullah was sharing the stage with PM Modi and the Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, as the Katra-Srinagar Vande Bharat express was inaugurated. I have been fortunate to be associated with the Prime Minister in all railway projects in J&K. First, when Anantnag [] The post LG Go

KATRA, Jun 6: Prime Minister Narendra Modi on Friday flagged off a Vande Bharat train service between Katra and Srinagar in Jammu and Kashmir, the first train connection between the Kashmir valley and the Jammu region. Modi inaugurated the train in the presence of Railway Minister Ashwini Vaishnaw, Jammu and Kashmir LG Manoj Sinha, and Chief Minister Omar Abdullah, among others. According to Northern Railway, the train has two travelling classes Chair Car (CC) and Executive Class (EC) [] The p

NEW DELHI, June 6: Former Delhi Minister Satyendar Jain on Friday appeared before the Anti-Corruption Branch for questioning in connection with an alleged graft case in the construction of classrooms in Government schools. Jain was summoned by the Delhi Governments ACB for questioning. Before leaving for the ACB office, Jain had asserted that the previous AAP Government in the national capital worked towards improving the citys education, while the current BJP Government was only doing politics

Katra, Jun 6: Prime Minister Narendra Modi on Friday walked to the viewpoint near the worlds tallest railway bridge over the Chenab river and was briefed about the project which is key in connecting Kashmir to the rest of the country by train. Accompanied by union minister Ashwini Vaishnaw and Jitendra Singh and Chief Minister Omar Abdullah, the prime minister visited a railway museum set up near the iconic bridge. The prime minister walked to the viewpoint and was briefed [] The post PM Modi Vi

Chandigarh, Jun 6: Two individuals who were allegedly actively involved in cross-border arms smuggling were apprehended, the Punjab Police said on Friday. In a major breakthrough, Counter Intelligence, Amritsar apprehends two persons, Sukhchain Singh & Jugraj Singh who were actively involved in cross-border arms smuggling and recovers eight weapons, Director General of Police, Gaurav Yadav posted on X. Acting on specific intelligence, the operatives were intercepted while transporting a consignm

LOS ANGELES, Jun 6: Hollywood superstar Tom Cruise has earned a Guinness World Record for performing the most burning parachute jumps by an individual, executing the feat 16 times during the filming of his latest movie, Mission: Impossible The Final Reckoning. The film, which released in theatres worldwide in June, featured a daring sequence in the final moments where Cruise, a licensed skydiver, leapt from a helicopter while strapped to a parachute soaked in aviation fuel and set ablaze. [] Th

WASHINGTON, Jun 5: A multi-party delegation of Indian parliamentarians led by Shashi Tharoor on Thursday met US Vice President J D Vance and had comprehensive discussions covering a wide array of critical issues, from counter-terrorism efforts to enhancing technological cooperation. Excellent meeting with Vice President @JDVance today in Washington D.C. with our delegation, Tharoor said in a post on X. We had comprehensive discussions covering a wide array of critical issues, from counter-terro

Excelsior Correspondent SRINAGAR June 5: The National Investigation Agency (NIA) today conducted a series of searches across Kashmir as part of its continuing investigations against terror conspiracy by Pakistan backed terror organizations and their offshoots to destabilise Jammu and Kashmir. Click here to watch video The NIA was assisted by Jammu and Kashmir Police and CRPF and raids started early in the morning today. It took several hours for the investigation agency to search the locations.

Excelsior Correspondent JAMMU, June 5: BJP leaders Arvind Gupta, Secretary BJP J&K and MLA Jammu West, along with MLA Suchetgarh Prof Gharu Ram Bhagat, today held a public darbar at the party headquarters in Trikuta Nagar to hear and resolve public grievances. As per a statement, the event saw participation from several deputations representing various localities of Jammu and nearby areas. It said the citizens raised concerns related to water shortages, poor road conditions, non-functional stree

Nagpur, Jun 5: RSS chief Mohan Bhagwat on Thursday said the mutual understanding displayed by the political class following the Pahalgam terror attack and action taken by India later should continue and become a permanent feature. After the April 22 massacre of tourists in Pahalgam, people were angry and wanted the culprits to be punished and the action followed, he said in an indirect reference to Operation Sindoor which saw Indian armed forces target terror hubs in Pakistan and PoK, [] The pos

NAGPUR, June 5: RSS chief Mohan Bhagwat on Thursday said the mutual understanding shown by the political class following the Pahalgam terror attack and action taken by India later should continue and become a permanent feature. The society also gave a message of unity, Bhagwat said, addressing the concluding event of the Karyakarta Vikas Varg for RSS volunteers. After the heinous terror attack, people were sad and angry and wanted the culprits to be punished. Action was taken and punishment [] T

NEW DELHI, Jun 5: Government jobs aspirants can now apply for recruitment tests conducted by the Staff Selection Commission (SSC) through an upgraded mobile application developed by it, a top official said on Thursday. He said the upgraded mySSC app will be of great help to job aspirants, especially those from rural areas. All candidates applying for recruitment exams conducted by SSC can fill the entire application form through the application itself, SSC Chairman S Gopalakrishnan told PTI. He

TALLAHASSEE (Florida), June 5: A former Republican congressman and vocal critic of Donald Trump says he wants to become governor in the presidents adopted home state of Florida, and that hes running as a Democrat. David Jolly formally announced his bid on Thursday, becoming the latest party convert hoping to wrest back control of what had been the countrys premier swing state that in recent years has made a hard shift to the right. Under state law, term-limited Republican [] The post David Joll

JOHANNESBURG, June 5: A partnership between Indian water management pioneer Ion Exchange and its South African counterpart Safic is the kind of business model the Indian government is encouraging for the benefit of citizens of other countries, Indian Consul General in Johannesburg Mahesh Kumar said on Thursday. Addressing a two-day symposium hosted by Ion Exchange Safic, a subsidiary of Ion Exchange (India) Ltd which provides integrated water and environmental solutions in South Africa and the r

MOSCOW, June 5: The recent conflict between India and Pakistan was among the issues figured during a phone call between Russian President Vladimir Putin and US President Donald Trump, according to a Kremlin aide. During their conversation on Wednesday, the two leaders discussed Ukraine and also touched on some other issues, Kremlin aide Yury Ushakov told a briefing. They also touched upon the Middle East and the armed conflict between India and Pakistan, which was stopped with the personal [] T

MUMBAI, June 5: Benchmark equity indices Sensex and Nifty ended higher on Thursday, driven by buying in blue-chip stocks ICICI Bank and Reliance Industries amid fresh foreign fund inflows and firm global market trends. Rising for the second straight day, the 30-share BSE Sensex climbed 443.79 points or 0.55 per cent to settle at 81,442.04. During the day, it jumped 912.88 points or 1.12 per cent to 81,911.13. The NSE Nifty rose 130.70 points or 0.53 per cent to [] The post Markets climb for 2nd

MUMBAI, June 5: The rupee snapped its two-day losing streak and closed 7 paise higher at 85.80 (provisional) against the US dollar on Thursday, supported by positive domestic equities and a rise in Asian currencies. Forex traders said overnight softening of crude oil prices favoured the rupee. However, a strong US dollar index capped sharp gains. Besides, market participants are now keenly awaiting the outcome of the Reserve Bank of Indias (RBIs) monetary policy meeting for further cues, they [

TAIPEI, June 5: China issued warrants on Thursday for 20 Taiwanese people it said carried out hacking missions in the Chinese mainland on behalf of the islands ruling party, while separately banning dealings with a Taiwanese company whose owners mainland authorities called hardcore Taiwan independence supporters. Police in the southern manufacturing hub of Guangzhou said they were led by a man named Ning Enwei on behalf of Taiwans independence-leaning Democratic Progressive Party but did not id