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Employee doesn’t have right to promotion but consideration if not disqualified: Supreme Court

New Delhi, May 2 (PTI) The Supreme Court on Friday said while an employee did not possess a right to promotion, they had the right to be considered for promotion unless disqualified. A bench of Justices Sudhanshu Dhulia and K Vinod Chandran was dealing with an appeal filed by a police constable in Tamil Nadu who was aggrieved by the denial of consideration of promotion for the sub-inspector’s post. “It is trite that the employee has no right to be promoted but has a right to be considered, when selections for promotions are carried out, unless disqualified; which right has

Sensex ends 260 points higher on FII buying, hopes of India-US trade deal

Mumbai, May 2 (PTI) BSE benchmark index Sensex ended 260 points higher on Friday buoyed by optimism surrounding a potential India-US trade deal, record high GST collection in April, and continuous foreign fund inflows. Moreover, a firm trend in global markets also added to the positive momentum in domestic equities. After a sharp rally in intra-day trade the 30-share BSE benchmark gauge later trimmed most of the gains and settled 259.75 points or 0.32 per cent higher at 80,501.99. During the day, the benchmark jumped 935.69 points or 1.16 per cent to 81,177.93. In a volatile trade, the NSE Nifty

Rupee pares gains, settles 3 paise lower at 84.57 against US dollar

Mumbai, May 2 (PTI) The rupee on Friday hit a seven-month high and rose past the 84 per dollar level on sustained foreign fund inflows and stronger domestic data, but pared all gains to settle 3 paise lower at 84.57 against the greenback. In a highly volatile trade, the rupee on Friday touched an intra-day high of 83.76 — the highest levels since October 2024 — but failed to sustain the momentum and ended the session 3 paise lower than its previous close. Forex traders said goods and services tax (GST) collections for April were robust at Rs 2.37 lakh

Gold climbs Rs 1,080 to Rs 96,800/10 gm, silver jumps Rs 1,600

New Delhi, May 2 (PTI) Gold prices climbed Rs 1,080 to Rs 96,800 per 10 grams in the national capital on Friday due to fresh buying from jewellers amid a firm trend overseas, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity plunged Rs 2,830 to Rs 95,720 per 10 grams. Gold of 99.5 per cent purity rose Rs 180 to Rs 96,350 per 10 grams. It had depreciated Rs 1,930 to Rs 96,170 per 10 grams in the previous market session. Traders said gold rallied due to fresh demand from local

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