Bengaluru: In a significant development, the Karnataka High Court has addressed the petition filed by Deputy Chief Minister DK Shivakumar seeking to quash the FIR registered by the Central Bureau of Investigation (CBI) over allegations of disproportionate assets. The court has issued a directive to the CBI, ordering them to submit the case diary in a sealed envelope within a period of 2 days.
During the court proceedings, the bench considered the arguments presented by the counsel representing DK Shivakumar in his challenge against the FIR. Following the comprehensive hearing, the court reserved judgment on the matter.
Interestingly, the lawyer representing DK Shivakumar expressed concerns about the ongoing investigation, raising doubts about its fairness. In light of these concerns, the counsel requested the court to obtain and review the case diary to ensure transparency and accuracy in the legal process.
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New York, Apr 10 (AP): US stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy.
The S&P 500 was down 2.3 per cent early Thursday, a day after surging 9.5 per cent following President Donald Trump's decision to pause many of his tariffs worldwide.
The Dow Jones Industrial Average was down 685 points, and the Nasdaq composite was down 2.9 per cent. Even a better-than-expected report on inflation wasn't enough to get stocks to add to their gains from the day before, including the S&P 500's third-best since 1940.