ECONOMY & NATION


Moneylife Digital Team 12 November 2025
In a significant development marking both continuity and renewal within the Tata Trusts, the board of trustees of the Sir Dorabji Tata Trust (SDTT) on Tuesday inducted Neville Tata, son of Tata Trusts chairman Noel Tata, and veteran Tata group leader Bhaskar Bhat, as trustees for the next three...

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SN Thyagarajan (Bar  and   Bench) 12 November 2025
The Karnataka High Court recently held that the State government has no authority to regulate the service conditions of employees of the Bengaluru Metro Rail Corporation Limited (BMRCL), ruling that the Central government alone is the “appropriate government” under the Industrial Disputes Act,...

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Moneylife Digital Team 12 November 2025
India’s cement industry is set for one of its biggest expansion phases yet, with total grinding capacity expected to rise by 160–170mn (million) tonnes (MT) between financial years (FYs)25-26 and 27-28, a sharp 75% jump compared with the 95MT added in the past three years, says CRISIL Ratings....

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The recent Parth Pawar land grab deal created enough of a controversy to lift the veil on a larger problem. The deal involved transfer of 40 acres of government land in Pune, reserved for the scheduled caste community, to a firm linked to deputy chief minister Ajit Pawar’s son for just Rs300...

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Moneylife Digital Team 11 November 2025
The Pune police’s economic offences wing (EOW) has stated that the firm of Parth Pawar, son of Maharashtra's deputy chief minister Ajit Pawar and his partners had no connection with a land case in Pune’s Bopodi area, though investigations continue into a separate and much larger controversy,...

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Moneylife Digital Team 11 November 2025
Two non-banking finance companies (NBFCs) have voluntarily surrendered their registration certificates to the Reserve Bank of India (RBI), while the regulator has cancelled the registration of two other NBFCs. After deciding to exit the business, these two NBFCs surrendered their registration...

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KBS Sidhu 11 November 2025
A universal complaint, beyond Gurgaon At weddings and on WhatsApp groups alike, the refrain is the same from Mumbai to Chennai, Bengaluru to Hyderabad: “Buying a home is out of reach.” That chorus reflects real pain—but it doesn’t automatically mean we’re in a classic bubble. To see what’s...

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Moneylife Digital Team 11 November 2025
The Delhi High Court (HC) has quashed criminal proceedings initiated by the income-tax (I-T) department against two company directors, ruling that directors cannot be prosecuted without the company itself being arraigned as an accused. The HC, while allowing two petitions filed by Nilesh...

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Moneylife Digital Team 11 November 2025
The Delhi High Court (HC) has quashed criminal proceedings initiated by the income-tax (I-T) department against two company directors, ruling that directors cannot be prosecuted without the company itself being arraigned as an accused. The HC, while allowing two petitions filed by Nilesh...

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Moneylife Digital Team 11 November 2025
Reserve Bank of India (RBI) has imposed penalties totalling Rs4 lakh on three cooperative banks for failing to comply with the directions issued by the banking regulator. The highest penalty of Rs2 lakh has been imposed on Maharashtra-based Mumbai District Central Co-operative (DCC) Bank...

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Moneylife Digital Team 10 November 2025
A powerful explosion near Delhi's Red Fort Metro Station on Monday evening killed at least 10 people and left 24 others injured, sending shockwaves across the capital and prompting a nationwide security alert. The high-intensity blast, which tore through parked cars near gate no1 of the metro...

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In 1983, Swraj Paul, in the status of a non-resident Indian (NRI), wished to take over a couple of Indian companies whose stock prices were underperforming, only to be deterred by the hurdles posed by the system and finally gave up.   Four years later, another NRI family, the Hinduja family,...

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Moneylife Digital Team 10 November 2025
The June 2023 summons issued by the directorate of enforcement (ED) Vedanta Ltd’s chief financial officer (CFO) confirms that the company has been under formal investigation over large overseas payments made to its London-based parent, Vedanta Resources Ltd (VRL), according to a new report by...

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Moneylife Digital Team 10 November 2025
Reserve Bank of India (RBI) has extended the supersession of the board of directors of Mumbai-based Abhyudaya Cooperative Bank Ltd for an additional year, citing the need to safeguard public interest amid ongoing governance concerns.   RBI had first invoked its powers under Section 36AAA,...

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When the finance ministry launched its second nationwide campaign to help citizens recover staggering amounts of unclaimed deposits, the message was simple: We will help you trace your money.   After the 100 Days–100 Pays campaign of 2023 turned out to be a damp squib, the ministry launched...

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Moneylife Digital Team 07 November 2025
The directorate of enforcement (ED) has once again summoned Reliance Anil Dhirubhai Ambani (ADA) group chairman Anil Ambani for questioning in a money-laundering and bank fraud investigation involving alleged fund diversion and bad loans totalling around Rs17,000 crore. The 66-year-old...

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Moneylife Digital Team 07 November 2025
Congress leader Rahul Gandhi, who is also the leader of Opposition (LoP) in the Lok Sabha, on Wednesday launched a blistering attack on the Election Commission of India (ECI) and Bharatiya Janata Party (BJP)-led Union government, alleging ‘large-scale electoral fraud’ in the 2024 Haryana...

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Ritwik Choudhury (Bar  and   Bench) 07 November 2025
The Supreme Court on Friday observed that no one has blamed Captain Sumeet Sabharwal, the pilot who was in command of the Air India plane that crashed at Ahmedabad in June this year, for the mishap that had led to the deaths of 260 people including 19 on the ground.   A Bench of Justices...

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Ritwik Choudhury (Bar  and   Bench) 07 November 2025
The Supreme Court recently directed all Motor Accident Claims Tribunals and High Courts across the country not to reject compensation claims of road accident victims on the ground of delay in filing such petitions [ICICI Lombard General Insurance Co. Ltd. vs. Ayiti Navaneetha & Ors.].    A...

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Moneylife Digital Team 07 November 2025
Viceroy Research has launched a fresh attack on Vedanta Resources Ltd (VRL), accusing the metals-to-mining conglomerate of using its planned initial public offering (IPO) of Konkola Copper Mines (KCM) in Zambia as a 'window dressing' exercise to mask deep financial distress and deteriorating...

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