Credit Suisse and SpiceJet have been engaged in a legal dispute since 2015 over the bank’s claim of unpaid dues of around $24 million, which led to the Madras High Court’s order that the airline be wound up in 2021.
Chairman Emeritus of The Oberoi Group Prithvi Raj Singh Oberoi passed away on Tuesday at the age of 94.
A single-judge bench of Justice Subramonium Prasad held in its September 19 order– “The right to travel abroad is guaranteed under Article 21 of the Constitution of India which cannot be taken away in an arbitrary and illegal manner.
In the last five days, the BSE benchmark rallied 1,972.72 points or 2.76 per cent, and the Nifty jumped 584.45 points or 2.71 per cent.
The bigger challenge being seen by the government is the rise in global crude oil prices, but the Centre is confident of meeting its fiscal deficit target of 5.9 per cent of the GDP for financial year 2023-24, another senior government official said.
Morgan Stanley said that the country’s macro indicators remain resilient, and added that India’s economy is on track to achieve the GDP forecast of 6.2 per cent.
LIC shares closed with a gain of 9.69 per cent at Rs 677.65 on the BSE on Friday.
The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57 points.
The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India’s GDP crossing USD 4 trillion.
Refunds worth Rs 42,000 crore have been issued during April 1- July 9, 2023, which are 2.55 per cent higher than refunds issued during the same period in the preceding year.