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Shoe throwing incident: Attorney General grants consent for criminal contempt process against advocate

New Delhi, Oct 16 (PTI) The Attorney General on Thursday granted his consent for initiating criminal contempt proceedings against a 71-year-old advocate who recently hurled a shoe towards Chief Justice of India B R Gavai during court proceedings. Venkataramni gave his consent on a plea submitted by Supreme Court Bar Association (SCBA) for initiating criminal contempt proceedings against advocate Rakesh Kishore for “reprehensible conduct” on October 6 within the premises of the apex court and his defiant actions thereafter. “Upon careful consideration of the material placed before me, I am satisfied that the conduct of Mr. Rakesh Kishore amounts to

Stock markets surge for 2nd day, Sensex jumps 862 points tracking rally in global peers

Mumbai, Oct 16 (PTI) Benchmark BSE Sensex jumped by 862.23 points while Nifty closed near the 25,600 mark on Thursday, following across-the-board buying by investors triggered by a global stocks rally and US Fed rate cut hopes. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66 with 28 of its constituents ending higher and two with losses. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1.03 per cent to 25,585.30. Among Sensex firms, Kotak Mahindra Bank rose the most by 2.67

Rupee jumps 21 paise to close at 87.87 against US dollar

Mumbai, Oct 16 (PTI) Rising for the second straight session, the rupee surged 21 paise to close at 87.87 (provisional) against the US dollar on Thursday, buoyed by a softer American currency against major currencies and renewed risk-on sentiment among investors. Forex traders said that likely intervention by the Reserve Bank of India and a firm trend in domestic equities further enthused investors. At the interbank foreign exchange, the rupee opened below the 88-mark at 87.76 against the greenback, and touched an intraday high of 87.68 per dollar. The domestic unit finally settled at 87.87 (provisional) against the greenback, registering

Gold eases Rs 200 to Rs 1,31,600 per 10 grams in Delhi

New Delhi, Oct 16 (PTI) Gold prices retreated from their record levels on Thursday, declining by Rs 200 to Rs 1,31,600 per 10 grams in the national capital amid profit booking by traders, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had climbed by Rs 1,000 to hit a lifetime high of Rs 1,31,800 per 10 grams in the previous trade. In the local bullion market, gold of 99.5 per cent purity also dipped by Rs 200 to Rs 1,31,000 per 10 grams (inclusive of all taxes). The yellow metal had previously finished

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