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Waqf Islamic concept but not essential to Islam: Centre to Supreme Court

New Delhi, May 21 (PTI) The Centre on Wednesday defended the Waqf (Amendment) Act, 2025 in the Supreme Court and said though waqf was an Islamic concept, it was not an essential part of Islam. Arguing before Chief Justice B R Gavai and Justice Augustine George Masih, Solicitor General Tushar Mehta said, “Waqf is an Islamic concept. But it is not an essential part of Islam.. Waqf is nothing but just charity in Islam.” “Charity is recognised in every religion, and it cannot be regarded as an essential tenet of any religion,” he said. Earlier in the day, Mehta asserted

Central govt employees retiring day before annual pay hike date to get notional increment

New Delhi, May 21 (PTI) Central government employees retiring a day before their annual pay hike date would be eligible to get notional increment for the purpose of calculating the pension admissible to them, an official order said. The move follows a Supreme Court order in this regard. “It is advised that in pursuance of the above referred order dated 20.02.2025 of the Hon’ble Supreme Court, action may be taken to allow the increment on July 1/January 1 to the Central government employees who retired/are retiring a day before it became due, i.e., on June 30/December 31, and have rendered

Gold rallies Rs 1,910 to Rs 98,450/10 g amid global uncertainty

New Delhi, May 21 (PTI) Gold prices rebounded by Rs 1,910 to Rs 98,450 per 10 grams in the national capital as rising global uncertainties triggered a fresh wave of safe-haven buying. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 96,540 per 10 grams on Tuesday. Gold of 99.5 per cent purity appreciated by Rs 1,870 to Rs 98,000 per 10 grams (inclusive of all taxes) on Wednesday from the previous day’s close of Rs 96,130 per 10 grams. “A weak dollar supported gold prices. Investors are also evaluating

Stock markets snap 3-day decline on buying in banking shares; Sensex jumps 410 pts

Mumbai, May 21 (PTI) Benchmark stock indices Sensex and Nifty rebounded sharply on Wednesday, snapping their three-day falling streak on the back of buying in blue-chips HDFC Bank and ICICI Bank and a firm trend in Asian peers. The 30-share BSE Sensex jumped 410.19 points or 0.51 per cent to settle at 81,596.63. During the day, it surged 835.2 points or 1.02 per cent to 82,021.64. The NSE Nifty climbed 129.55 points or 0.52 per cent to 24,813.45. Among Sensex firms, Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra &

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