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Supreme Court defers hearing on bail pleas of Umar Khalid, Sharjeel Imam and others to Sep 22

New Delhi, Sep 19 (PTI) The Supreme Court on Friday adjourned to September 22 the hearing on bail pleas of activists Umar Khalid, Sharjeel Imam, Gulfisha Fatima and Meeran Haider in the UAPA case related to the alleged conspiracy behind the February 2020 riots in Delhi. A bench of Justices Aravind Kumar and Manmohan deferred the pleas. The activists have challenged a September 2 Delhi High Court order which denied bail to nine people, including Khalid and Imam, saying “conspiratorial” violence under the garb of demonstrations or protests by citizens could not be allowed. Besides Khalid and Imam, those who

Rupee falls 7 paise to 88.27 against US dollar in early trade

Mumbai, Sep 19 (PTI) The rupee witnessed range-bound trading in morning deals on Friday and depreciated 7 paise to 88.27 against the US dollar, dragged lower by broad dollar strength and a negative trend in domestic equities. Forex traders said the recovery in the US dollar capped the upside for the domestic unit. Moreover, worries over US tariffs on India dented investor sentiments further. At the interbank foreign exchange market, the rupee opened at 88.22, then lost ground and touched a low of 88.27 against the US dollar, registering a decline of 7 paise over its previous close. On Thursday,

Stock markets decline in early trade after 3-day rally

Mumbai, Sep 19 (PTI) Equity benchmark indices Sensex and Nifty fell in early trade on Friday after a three-day rally amid profit-taking in blue-chips Tata Consultancy Services and ICICI Bank. The 30-share BSE Sensex declined 264.36 points to 82,749.60 in early trade. The 50-share NSE Nifty dropped 65 points to 25,358.60. From the Sensex firms, Tata Consultancy Services, Titan, ICICI Bank, Power Grid, Mahindra & Mahindra and HCL Tech were among the biggest laggards. However, Adani Ports, Bharat Electronics, Larsen & Toubro and NTPC were among the gainers. All Adani group stocks were trading higher during the morning trade. In

Adani Group stocks rise after SEBI dismisses some Hindenburg allegations

Sept 19 (Reuters) – Adani Group stocks rose between 1% and 10% on Friday, a day after India’s market regulator dismissed parts of short-seller Hindenburg Research’s stock manipulation allegations against billionaire Gautam Adani and his conglomerate. While the Securities and Exchange Board of India has cleared two charges against Adani group firms, 22 other orders are pending. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here. Adani Total Gas led gains among the nine entities with its 10% climb. Adani Enterprises, the flagship firm, rose 4.3%. Adani Power, which

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