Month: May 2025

[ad_1] Bill Gates has publicly expressed his admiration and gratitude for Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, following Berkshire's annual shareholder meeting in Omaha where the 94-year investor said that he would step down as CEO at the end of the year. The Microsoft co-founder took to social media to share a heartfelt "Congratulations" message, emphasising the transformative impact Buffett has had on his life.In a post on threads, Gates reflected on the “incredible couple of days in Omaha,” reflecting on the value he places on his time spent with Buffett. Gates stated that he regards Buffett not only as "one of the greatest investors and philanthropists of all time" but also as a cherished "mentor and a friend."“It was an incredible couple of days in Omaha. Every time I’m with Warren, I’m reminded how lucky […]

[ad_1] UBS has a ‘neutral’ rating on SBI with the target price at Rs 840. Analysts said the bank’s management has cut loan growth guidance and they feel net interest margin to be under pressure in the near term. However, UBS has kept its EPS estimates largely unchanged for FY26 and FY27.CLSA has downgraded Kotak Mahindra Bank to ‘hold’ from ‘outperform’ but raised the target price to Rs 2,225 from Rs 2,125. Analysts said the bank had a mixed set of numbers in the Jan-March quarter. It missed CLSA’s pre-provision operating profit estimate, driven by lower net interest income and higher opex. They also said credit costs were higher as the bank strengthened its provision coverage ratio while loan growth moderated to low-teens.Jefferies has maintained its ‘hold’ rating on Avenue Supermart (D-Mart) with the target price cut to Rs 4,100 […]

[ad_1] This is a representational AI image (Pic credit: Lexica) MUMBAI: Observing that a parent suffering from mental illness is not per se disqualified from custody unless it is shown to endanger the child's welfare, a sessions court dismissed a man's plea to take custody of his 16-year-old son. The man had filed an appeal against a magistrate awarding custody to the mother."...It is evident that the magistrate interacted with the child, considered the best interest and welfare of the minor, and directed the parties to undergo mediation before passing the order. The magistrate, while granting temporary custody, considered the curriculum course of the child and the natural affection of the mother in the right prospect," the judge said.The judge said it is well settled in matters of custody that a minor's welfare is paramount and not parents' legal rights. […]

[ad_1] KOLKATA/BEHRAMPORE: West Bengal CM Mamata Banerjee on Monday accused BSF of instigating the April 12 anti-Waqf violence in Murshidabad in which three people died. "Had BSF not opened fire on protesters in Shamsherganj that day, the mob violence and subsequent killings of Haragobinda Das and his son Chandan would not have happened. This is my firm belief. The violence was pre-planned," she claimed in Murshidabad.This was the TMC chief's first trip to the area after the mayhem. She is expected to travel on Tuesday to strife-scarred pockets of Samsherganj and Suti.Mamata also alluded to last month's Pahalgam terror attack in which 26 tourists, including three from Bengal, were killed. "Please take care of India's international borders instead of facilitating communal violence. Please take care of India. Please give justice to those who have lost their dear ones," she said, […]

[ad_1] NEW DELHI: Abhorring caste-based discrimination in judiciary, the Supreme Court on Monday derided systematic targeting of a senior judicial officer just because he was a cobbler's son and upheld an order of a division bench of Punjab and Haryana HC that ordered his reinstatement after quashing the HC's administrative decision to dismiss him.Taking serious note of the alleged caste-based discrimination, Justice Surya Kant, who hails from P&H high court, said he was aware of the happenings in the judiciary in Punjab and that this judicial officer, whose father was a cobbler and mother a labourer, was targeted just because he belonged to a lower caste. "How long can this go on," he asked.The bench of Justices Kant and N Kotiswar Singh perused the ACRs of Prem Kumar, who was a direct recruit to the post of additional district and […]

[ad_1] NEW DELHI: Supreme Court has ordered that Kabir Paharia, who was rejected thrice by medical boards and judged ineligible to pursue MBBS, be given admission to MBBS in AIIMS, New Delhi, in the 2025-26 session.After a fourth medical board, set up on the SC's orders, declared Kabir eligible in its April 24 report, the court noted that a candidate who secured a rank lower than his had been granted admission under the SC disability quota in MBBS at AIIMS Delhi for 2024-25. Since the 2024-25 academic session must have progressed significantly, it would not be expedient to grant him admission to that session, concluded the court. The court also stated that in view of the high marks secured by Kabir in the NEET UG 2024 examination (542 out of 720), he shall not be required to undergo the 2025 […]

[ad_1] SC refuses to entertain PIL against BJP MP's outburst NEW DELHI: A SC bench headed by CJI Sanjiv Khanna on Monday refused to entertain a PIL seeking steps to protect the dignity of the institution, which the petitioner said has been harmed by the unwarranted and unnecessary caustic criticism of CJI and SC by BJP MP Nishikant Dubey.The bench of CJI Khanna and Justice Sanjay Kumar told PIL petitioner-advocate Vishal Tiwari that it will pass a short order giving reasons why it did not entertain the PIL. Earlier another bench had declined to entertain another petition seeking initiation of contempt proceedings against Dubey by telling him that he would have to seek consent of the attorney general for filing a contempt petition.In another PIL before a bench of Justice Surya Kant and N Kotiswar Singh, Tiwari had sought directions […]