As this week began, Karnataka’s government stirred up a hornet’s nest with its bid to legislate private-sector job reservations. A bill okayed by the state cabinet would have half of all management job roles filled by candidates who have long been residents of the state, as also 75% of non-managerial jobs. Plus, all grade C…
Buy or sell stocks for today: Despite weak global market cues, the Indian stock market ended at a record-closing high on Tuesday. The Nifty 50 index closed 26 points higher at 24,613, the BSE Sensex gained 51 points and ended at 80,716, whereas the Bank Nifty index finished 59 points lower at 52,396. Cash market…
New Delhi: Startups exploring space, crafting high-end chips and developing defence technologies may get long-term loans at low or nil interest rates from a â‚ą1 trillion government fund to support companies in promising segments struggling for capital. Setting up the fund for deeptech companies, first proposed in the interim budget in February, is part of…
Andhra Pradesh IT, Electronics and Human Resource Development Minister Nara Lokesh. | Photo Credit: K.V.S. Giri Andhra Pradesh IT, Electronics and Human Resource Development Minister Nara Lokesh on Wednesday, July 17, 2024, extended an open invitation to NASSCOM members to set up shop in the state, following concerns raised on neighbouring Karnataka’s proposal to reserve…
Andhra Pradesh BJP spokesperson Lanka Dinakar addressing the media conference in Vijayawada on Wednesday. | Photo Credit: K.V.S. Giri The BJP has demanded the State government set up a special task force to safeguard the revenue, forest, and temple lands in the State. The party also wanted the government to inquire into the allegations of…
West Bengal Governor C.V .Ananda Bose with Chief Minister Mamata Banerjee | Photo Credit: Debasish Bhaduri Welcoming the Calcutta High Court’s interim order restraining West Bengal Chief Minister Mamata Banerjee and three others from making defamatory or incorrect statements against him, West Bengal Governor C.V. Ananda Bose on Tuesday said he would pray to God…
U.S. President Joe Biden during a stop in Las Vegas on July 17, 2024. | Photo Credit: AP President Joe Biden has tested positive for the coronavirus, according to a speaker at the UnidosUS annual conference broadcast on the White House’s YouTube channel. Mr. Biden was slated to speak at the event in Las Vegas…
Karnataka state Assembly session at Vidhan Soudha in Bengaluru. | Photo Credit: PTI As a draft Bill cleared by the Karnataka Cabinet mandating reservation for locals garnered adverse reactions from industry heads and trade bodies in the State, the government late on Wednesday announced that it had been “temporarily withheld” and a decision would be taken after…
Republican presidential candidate former President Donald Trump prepares to leave after the second day of the Republican National Convention at the Fiserv Forum, Tuesday, July 16, 2024, in Milwaukee | Photo Credit: AP Taiwan “should pay” the United States for defence, U.S. presidential candidate Donald Trump said in a wide-ranging interview that has cast doubt…
“The academic basis for sub-caste reservation seems to be weak” | Photo Credit: Getty Images/iStockphoto The Supreme Court has reserved the decision on sub-caste reservation for SC/STs. Any decision on sub-caste reservation needed to be justified not only on legal grounds but also on academic grounds. The academic basis for sub-caste reservation seems to be…
