Monday, August 4, 2025

Creating liberating content

The allotment results for NSDL’s Rs 4,011.60-crore initial public offering

Top stocks to buy (AI image) Stock market recommendations: According

Related News

The allotment results for NSDL’s Rs 4,011.60-crore initial public offering (IPO) is set to be announced Monday i.e. August 4, following an overwhelmingly positive response from investors. The IPO, priced

Technically, Gold on COMEX was not able to breach the important $3280 mark on the lower side, hence some upside could be seen from these levels. (AI image) Gold price

In a significant development for the Indian financial markets, the net inflow of foreign portfolio investors (FPI) into the Indian primary market has reached a seven-month high of $1.7 billion

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 4, 2025) are Suzlon, and

Mumbai: The less, the merrier – that’s the mantra in the startup and venture capital space, where there’s an increasing shift towards building smaller teams. More investors are now also

Mumbai: The country’s oldest bad loan company, IPO-bound Arcil (Asset Reconstruction Company of India) , gives an insight into the future of loan recovery for retail loans in its offer

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Cash-at-home row: Centre confirms transfer of Justice Yashwant Varma to Allahabad high court | India News

Word Count: 752 | Estimated Reading Time: 4 minutes


Cash-at-home row: Centre confirms transfer of Justice Yashwant Varma to Allahabad high court
File photo Justice Yashwant Varma

NEW DELHI: The government on Friday notified the transfer of Justice Yashwant Varma from the Delhi high court to the Allahabad high court amid the probe over the alleged discovery of cash at his official residence.
“In exercise of the power conferred by clause (1) of Article 222 of the Constitution of India, the President, after consultation with the Chief Justice of India, is pleased to transfer Shri Justice Yashwant Varma, Judge, Delhi high court, to be a Judge of Allahabad High Court and to direct him to assume charge of his office in the Allahabad high court,” the order said.
The Supreme Court Collegium had earlier recommended his repatriation to his parent high court following the development.
Justice Varma was de-rostered by the Delhi high court after a directive from the Chief Justice of India (CJI). The controversy arose after a fire at his Lutyens Delhi residence on March 14, following which reports emerged of burnt wads of cash allegedly found in a storeroom. Justice Varma strongly denied the claims, stating that neither he nor his family had placed any cash there.
The Supreme Court appointed a three-member in-house committee on March 22 to investigate the matter, with Chief Justice DK Upadhyaya’s report, including photos and videos, uploaded on the court’s website. Meanwhile, a PIL seeking an FIR into the matter was dismissed as premature, with the court stating that the in-house inquiry was ongoing and multiple options remained open to the CJI once it concluded.
SC declines to entertain PIL to register FIR
The Supreme Court on Friday declined to entertain a Public Interest Litigation (PIL) seeking the registration of an FIR regarding the alleged recovery of cash. Justices Abhay S. Oka and Ujjal Bhuyan saidthat the issues raised by advocate Mathews Nedumpara were premature, as an in-house inquiry is already underway. The bench explained that after the inquiry report is submitted, several options, including directing the registration of an FIR or referring the matter to Parliament, would be considered.
The Supreme Court refused to intervene while the in-house inquiry is ongoing. In its order, the bench noted that the inquiry is underway, and only after the committee submits its report will the Chief Justice have several options, including directing further action.
Advocate Nedumpara had argued that an FIR should have been registered and questioned why no arrests were made. The petition also challenged a previous Supreme Court ruling in the K Veeraswami case, which requires prior consultation with the Chief Justice before filing a criminal case against a sitting judge.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account