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Tuesday, 28 February 2023

Isro gets ready to launch 2nd batch of OneWeb's 36 satellites in early March



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'Fingers pointed at 1 community': SC junks plea to rename places



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'El Nino' fears raise food inflation worry

The monsoon may still be about three months away, but there are already concerns that an El Nino effect bringing drought-like conditions would raise food inflation. Several research reports have highlighted the possibility of a drop in agricultural output, keeping inflation high during the current financial year.

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A month on, Adani drops from 3rd to 38th in rich list

Gautam Adani is now placed at the 38th spot in the Forbes rich list, a far cry from the third position just before the Hindenburg report was published, which impacted his group's stock prices. Currently, Adani's net worth is estimated at $33.4 billion, according to Forbes' real-time tracker, which is an erosion of over $85 billion from $119 billion before the report was published on January 24.

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Exit polls differ on Tripura, put Sangma ahead in Meghalaya



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First time in many years, fixed deposit rates turn positive at 8%

As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab & Sind Bank top the chart offering a cool 8-8.50 per cent per annum.

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Saturday, 25 February 2023

Shaktikanta Das: World economy has improved



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Air India to hire 5,100 this year as it expands fleet



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Horoscope today: Aries, Taurus, Gemini, Cancer, and others

Read daily horoscope predictions for Leo, Virgo, Libra, Scorpio, and others. Know all about the astrological events and influences that will be affecting each of the 12 zodiac signs. Get ready to discover what the stars have in store for you today!

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LIC nears all-time low on fears of loss in Adani Grp portfolio



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No clean chit to Monu Manesar, insist Rajasthan cops

Rajasthan Police said on Friday it has 12 more suspects, besides the eight names it released earlier in the week, in the investigation into the killing of two men from Bharatpur whose charred bodies were found in Haryana’s Bhiwani on February 16.

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Friday, 24 February 2023

Uddhav says guv decision on trust vote must be scrapped

Former Maharashtra CM Uddhav Thackeray on Thursday told the Supreme Court that governor B S Koshiyari’s decisions to force the MVA government face a trust vote and then appoint rebel MLAs’ leader Eknath Shinde as CM were liable to be struck down as the governor had no constitutional power or discretion to protect rebel MLAs from disqualification under anti-defection law for defying Shiv Sena party whip in June last year.

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Read your daily horoscope predictions here



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HC junks PMLA case against Jet Airways founder Goyal, wife



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Cong’s Khera deplaned, held; SC gives him bail



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Wheat crop in good state, govt buy to be normal: FCI



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Cong’s Khera deplaned, arrested at IGI, gets bail

High drama unfolded at IGI Airport on Thursday after Congress spokesperson Pawan Khera was deplaned from a Raipur-bound flight moments before take-off and arrested by Assam cops over his remark on PM Modi, triggering protests by party members on the tarmac. Hours later, the Supreme Court granted interim Khera bail, but deprecated his comments and refused to club the FIRs for now.

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Thursday, 23 February 2023

Maxwell, Marsh back as Australia name squad for India ODIs

Maxwell is making a comeback from a broken leg, which required surgery, while Marsh was operated upon on his left ankle. The three-match ODI series on the road to the 50-over World Cup later this year in India will be held in Mumbai, Visakhapatnam and Chennai, beginning March 17.

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63-year-old cancer survivor bags silver in national meet



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Read daily astrological predictions for all 12 zodiac signs

Read daily horoscope predictions for Leo, Virgo, Libra, Scorpio, and other zodiac signs: Know all about the astrological events and influences that will be affecting each of the 12 zodiac signs. Get ready to discover what the stars have in store for you today!

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‘Adani group has potential’: Israel backs Haifa port decision



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63-year-old cancer survivor bags silver in national meet



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Wednesday, 22 February 2023

SC to hear Uddhav camp plea to stay EC order today

Fearing that the Eknath Shinde faction will take over Shiv Sena properties and bank accounts after the Election Commission declared it to be the real Shiv Sena and allotted the ‘bow and arrow’ symbol, the Thackeray group on Tuesday convinced the Supreme Court for an urgent hearing on Wednesday afternoon for a stay on the EC order.

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Haryana vigilante’s supporters block highway to Jaipur

Hundreds of protesters blocked traffic on the Delhi-Jaipur highway on Tuesday afternoon after a team of Rajasthan Police landed up at the house of gau rakshak leader Monu Manesar to serve him a notice to join the probe into the deaths of two men from Rajasthan whose charred bodies were found in Bhiwani on February 16.

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Javed Akhtar in Pak: 26/11 perpetrators still roam free

The perpetrators of the 26/11 Mumbai terror attacks are still roaming freely in Pakistan, so Pakistanis should not feel offended when India talks about the 2008 carnage, poet and lyricist Javed Akhtar said at a festival organised in memory of poet Faiz Ahmed Faiz in Lahore.

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BBC docu hatchet job to shape extremist image of India: EAM

Foreign minister S Jaishankar hit out at BBC for its documentary on the 2002 Gujarat riots and PM Modi’s alleged role as he called it a hatchet job and “politics by another means”. He also slammed Rahul Gandhi for questioning India’s China policy saying it was Modi who had despatched troops to the LAC to counter Beijing.

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Haryana vigilante’s supporters block highway to Jaipur

Hundreds of protesters blocked traffic on the Delhi-Jaipur highway on Tuesday afternoon after a team of Rajasthan Police landed up at the house of gau rakshak leader Monu Manesar to serve him a notice to join the probe into the deaths of two men from Rajasthan whose charred bodies were found in Bhiwani on February 16.

from Times of India https://ift.tt/Kl6Xxwq

Sebi proposes more power to shareholders

Market regulator Sebi has proposed changes to governance norms for listed entities that give more rights to shareholders, while increasing corporate disclosures on agreements binding them, a consultation paper showed on Tuesday.

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Tuesday, 21 February 2023

It took 4 years to get divorced, 8 years to get decree erased

The couple got married in 2006 and had a son in 2009. As their relationship soured, the husband sought judicial separation and filed for divorce in 2011. Miffed, the wife filed a flurry of suits against him, but in 2015, the family court in Gandhinagar granted them divorce.

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Aided Turkey as it's 'one earth, one family': PM Modi

Post the 7.8 magnitude earthquake which hit Turkey's southeast and neighbouring Syria on February 6, killing more than 30,000 people and leaving more than a million homeless, India launched Operation Dost to extend assistance to the two countries by sending relief materials in collaboration with the Indian Army.

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ED raids on 8 Cong netas close to Chhattisgarh CM in coal scam

The searches came just a few days ahead of the scheduled Congress plenary session to be attended by the party's central leadership, including Congress president Mallikarjun Kharge and former presidents Sonia Gandhi and Rahul Gandhi. The agency has so far arrested nine persons in the case, including Saumya Chaurasia, a deputy secretary in Baghel's office, and attached assets worth Rs 170 crore as 'proceeds of crime' from the illegal coal levy scam.

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Imran appears in court for first time after assassination bid on him

A large number of Pakistan Tehreek-e-Insaf (PTI) workers and supporters had gathered outside the court to welcome Imran after he arrived at the court amid tight security.

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Adani group firm repays Rs 1,500 crore in comeback strategy

Adani group firm Adani Ports & SEZ paid Rs 1,500 crore loan and promised to repay more as the embattled conglomerate mapped a comeback strategy after a sellout triggered by a damning report by US-based Hindenburg Research.

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Monday, 20 February 2023

PM Modi’s instruction on eco focus reflects in Karnataka budget

Karnataka CM Basavaraj Bommai termed the state budget presented by him on Friday as “eco-friendly” aiming to reduce hazards on the environment through implementation of various schemes.

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A vote for Congress is a vote for lotus: Didi’s kin Abhishek



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Actor parks car in filmy style, cops script 2 penalty receipts

The first challan of Rs500 was issued to the actor for parking his vehicle in the wrong direction. The second for Rs750 was issued under the Motor Vehicle Act for Disobedience of Police order /direction. “The actor has been fined Rs1,250 for violating two traffic rules when he visited the temple. He has paid the fine,” a police officer at the Dadar traffic police division told TOI.

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Indians spent $10 billion on foreign travel in April-December

After factoring in foreign exchange spent on education, maintenance of relatives, gifts and investments, Indians have sent out $19,354 million during the current fiscal, shows latest data released by RBI. This is close to the $19,610 sent abroad in FY22, which was a record year for remittances.​

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Over 94% value erosion found in 165 IBC liquidation case

The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

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Sunday, 19 February 2023

Violence in Kashmir, Maoist areas, Northeast down by 80%: Amit Shah

Targeting Rahul Gandhi, the Union minister said Congress MP had sought removal of AFSPA (the 1958 law that gives special powers to soldiers during counter-insurgency/terrorism ops), “but we told him that until peace prevailed in the NE region, we will not do it”.

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Stuck in jam, Bihar girls run 2km on NH to reach exam centres

Witnesses said the girls, accompanied by their parents, had left their homes for examination centres, but much to their shock their transports got stuck in traffic, leaving them literally immobile. While some of the examinees were accompanying their parents on bikes, others were riding autorickshaws or cars.

from Times of India https://timesofindia.indiatimes.com/india/stuck-in-jam-bihar-girls-run-2km-on-nh-to-reach-exam-centres/articleshow/98052302.cms

World-class trains, stations, tracks soon: Ashwini Vaishnaw

Speaking at the ET Global Business Summit, Vaishnaw outlined modernisation programmes across Indian Railways that are aimed at not only improving the consumer experience but also creating world-class trains, stations and tracks. “There is a big focus on public investments,” he said, adding that every rupee invested for infrastructure development creates economic activity worth Rs 3.6.

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Just mind games: Indian mentalists are busting the ‘chamatkar’ myth

Mentalists are trained to notice the slightest of changes in the cues. For instance, the eyes move in different directions when any form of mental activity is happening inside the human brain, explains Kumar. If one is remembering a picture from one’s past, the eyeballs move to the top right corner.

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AICTE launches new courses in semiconductor design

Announcing the launch, electronics and information technology minister Ashwini Vaishnaw said, “These two programmes will help us create throughout the engineering ecosystem a very good semiconductor talent.” Any AICTE-affiliated college/university/technical institute may opt to offer these courses

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Saturday, 18 February 2023

No more ‘special category’ status for states, says FM Nirmala Sitharaman

Asked whether the Centre will consider Odisha’s push for special category status, the FM, who was interacting with the media here on the Union Budget, said, “(The 14th) Finance commission has clearly said no special status can be given.”

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Big blow to Uddhav, EC gives Sena’s name & symbol to Shinde faction

In its final order on the Sena feud on Friday, EC ruled that the Thackeray faction may retain the name ‘Shiv Sena (Uddhav Balasaheb Thackeray) and symbol ‘flaming torch’ – allotted to it as part of an interim EC order -- till the completion of the ongoing bypolls to Chinchwad and Kasba Peth assembly seats in Maharashtra. Thereafter, it can decide whether to retain the same poll symbol or opt for another ‘free’ poll symbol for future elections, a senior EC functionary told TOI.

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Italian PM Meloni chief guest at Raisina Dialogue

Meloni, who formed Italy’s most far-right government since the days of Mussolini after her victory in elections last year, is also Italy’s first female prime minister. She is expected to inaugurate the conference on March 2 with PM Narendra Modi.

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At G20, we will push for digital and green agenda: Amitabh Kant



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BBC ‘survey’: I-T says tax not paid on certain remittances

It said such discrepancies relate to level of relevant Function, Asset and Risk (FAR) analysis, incorrect use of comparables that are applicable to determine the correct Arms Length Price (ALP) and inadequate revenue apportionment, among others. It made it clear that statements of only those employees were recorded whose role was crucial, including those connected to, primarily, finance, content development and other production related functions.

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In pics: SRK, other celebs attend Smriti Irani’s daughter’s reception

It was a starry night for Smriti Irani's daughter Shanelle and hubby Arjun Bhalla. Their wedding reception was attended by King Khan - SRK, Mouni Roy, Ronit Roy, Ekta Kapoor and many others.

from Times of India https://ift.tt/Y7HWTQs

Friday, 17 February 2023

After Air India, IndiGo & other airlines to order 1,200 planes: CAPA

Currently, all Indian carriers together operate about 700 aircraft. Some of the global behemoths alone operate a much larger fleet; American Airlines, for instance, operates a fleet of 935 aircraft. But with these mega orders, the coming decade is set to witness a steep climb in India’s aircraft numbers. For India then, preparing for the pace of growth that is expected is critically important.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IcsklhN

Return kid to rape survivor: HC to adoptive parents after plea

The woman had given birth to the baby in February 2019 and the child welfare committee (CWC), with the consent of the survivor's parents, had then handed over the newborn to a family in Mau, UP. An FIR against the man had been lodged in the matter on February 26 that year, a day after the woman, 17 years old then, had delivered the child.

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Massive fire breaks out at market in Assam, 150 shops gutted

A massive fire broke out at a market in Assam's Jorhat district late on Thursday, gutting at least 150 shops, police said. Twenty-five fire tenders were fighting the blaze at Chowk Bazaar in the heart of Jorhat town and it was yet to be brought under control, they said.

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Army foils infiltration bid, kills one terrorist in Kupwara



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MSCI defers decision on 2 Adani group firms' weightages in indices

Index provider MSCI Inc has postponed the implementation of reducing the weightages of two Adani group firms, Adani Total Gas and Adani Transmission, in its indices, citing potential impact from price limit mechanisms.

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Thursday, 16 February 2023

Pilot: Why Cong 'delay' in taking action against Gehlot loyalists?



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World Bank chief David Malpass to step down early

World Bank chief David Malpass announced Wednesday he would step down nearly a year early from his position heading the development lender, amid questions over his climate stance. The veteran of Republican administrations in the United States was appointed to the role in 2019 when Donald Trump was president.

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JEE (Main) registration for session 2 to end on March 12

The second session of the Joint Entrance Examination (Main) 2023 will be conducted from April 6 to April 12, with April 13 and 15 kept as reserved days. The online application started on February 15 and would continue till March 12 (9pm). Candidates who had already appeared in January (first session) will log in with the same credentials and pay the examination fee for the April exams.

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Man kills live-in partner, hides body in bed's storage box

Hardik Shah is accused of strangling his live-in-partner Megha Torvi in their rented flat in Sita Sadan, Nalasopara (east). According to police, the matter came to light when real estate agent Sanjeev Thakur approached the cops after he received a call from Megha's sister on Monday. She told Thakur that Hardik had called her claiming to have killed Megha and he also threatened to commit suicide.

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Late Nandamuri Rao becomes 1st actor to appear on Indian currency

To commemorate the centenary celebrations of late former chief minister of Andhra Pradesh and world famous actor Nandamuri Taraka Rama Rao, the Indian Government Mint has decided to print Rs 100 silver coin with his portrait. He is about to become the first Tollywood actor to be featured on Indian currency.

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Wednesday, 15 February 2023

Deals mark India's growth opportunity: Air India

Air India on Tuesday placed the largest-ever aircraft order in global aviation history with letters of intent signed for purchase of 470 aircraft. The order comprises 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777-9s widebody aircraft, which will be deployed on long-haul international routes and then, 210 Airbus A320/321 neos, 190 Boeing 737 MAX narrow body aircraft that will largely operate on domestic routes.

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Pulwama attack anniv: PM, Shah pay tribute to 'valorous heroes'



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Yamunotri ropeway gets nod, to cut travel time from 5hrs to 10 mins

For the ambitious project, 3.8 hectares of land will now be transferred and construction of the 3.7km-long (aerial distance) ropeway - which will connect the Yamunotri shrine to Kharsali village - will "start soon in earnest". The ropeway is set to reduce travel time from five hours to a mere 10 minutes.

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Inbuilt TV satellite tuners in the works: Anurag Thakur



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ChatGPT among prohibited items in CBSE exams

According to instructions issued by the Board ahead of exams commencing on Wednesday, "Mobile, ChatGPT and other electronic items will not be allowed in examination hall." The board officials said that the prohibitions are meant to stop any use of unfair means in the exam.

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Air India to revamp fleet with huge Boeing, Airbus orders



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Tuesday, 14 February 2023

Probing Hindenburg charges against Adani, Sebi tells Supreme Court



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Retail inflation surges to 3-month high of 6.5%

Data released by the National Statistical Office (NSO) on Monday showed retail inflation, as measured by the consumer price index, rose an annual 6.5% in January, higher than December's 5.7% and above the 6% recorded in January last year. The food price index rose nearly 6% in January, higher than the 4.2% in December. Rural inflation outpaced urban inflation rising 6.9%. Urban inflation was at 6%.

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Azam Khan, son get 2 years for 2008 assault



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Retail inflation surges to 3-month high of 6.5%

Data released by the National Statistical Office (NSO) on Monday showed retail inflation, as measured by the consumer price index, rose an annual 6.5% in January, higher than December's 5.7% and above the 6% recorded in January last year. The food price index rose nearly 6% in January, higher than the 4.2% in December. Rural inflation outpaced urban inflation rising 6.9%. Urban inflation was at 6%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KqRbkBu

Half of DRDO's mission mode projects running behind schedule

These range from the Tejas Mark-2 light combat aircraft (LCA), the naval LCA and unmanned aerial vehicles to air independent propulsion (AIP) for greater underwater endurance of submarines, light machine guns and advanced towed artillery gun systems (ATAGS), the defence ministry told Parliament on Monday. Cost escalations have taken place in 12 of the 55 projects.

from Times of India https://ift.tt/CGEZdag

Monday, 13 February 2023

Bigg Boss 16: MC Stan & Shiv Thakare are finalists

The final minutes of Bigg Boss 16 is underway, with the top three candidates battling for the coveted trophy. Shalin Bhanot and Archana Gautam have already been evicted from the show, now it is SHOCKING for all Bigg Boss fans that honest Priyanka Chahar Choudhary is evicted in third place and is out of the winning competition.

from Times of India https://ift.tt/8R1XgB5

Sunday, 12 February 2023

Bengaluru techie arrested for links with Qaida; 2 detained in Palghar

Arif was produced before a local court and taken into police custody for questioning. He was working from home, sources said, and his two laptops and mobile phones were seized during his arrest. He lives with his wife and two children in the city.

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Horoscope: Read this week's astrological predictions



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US warplane shot down 'unidentified object' over Canada, says Trudeau

Prime Minister Justin Trudeau said Saturday that on his order a US warplane shot down an unidentified object that was flying high over northern Canada, acting a day after US planes took similar action over Alaska. Shortly before Trueau's tweet, the North American Aerospace Defense Command said it had detected an object flying at high altitude over Canada. NORAD gave no further information, including when the object was first spotted or what it is.

from Times of India https://ift.tt/eI7XFZ5

Dutch singer to release rock version of Hanuman Chalisa

Ever heard the rock music version of Hanuman Chalisa? Raj Mohan, a Dutch singer and songwriter who sings in Bhojpuri, is all set to release Hanuman Chalisa in rock music style along with his disciple and rapper Manav D.

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Direct tax mop-up grows 24% to Rs 15.7 lakh crore



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'Interpretation of law must keep pace with the changing needs of society'

Holding that the court’s interpretation of the Constitution must be in tune with the changing times and some of its earlier interpretations are no longer valid, the Supreme Court has said that excommunication or ostracisation of a person in society is against constitutional ethos as it will result in his “civil death” and decided to re-examine its six-decade old verdict permitting a religious community to excommunicate its dissidents.

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Saturday, 11 February 2023

Moody’s revises outlook on four Adani entities to negative



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US index major MSCI lowers weightage of 4 Adani stocks



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With 3 crore enrolments, Swayam tops other eLearning platforms

With 2.4 crore enrolling for courses which yield credits and with over 26 lakh having earned them, the government-run Swayam Massive Open Online Courses (MOOC) has outperformed any other eLearning platform by a big margin. Now the ministry of education has written to higher education institutions (HEIs) to popularise the platform in their respective states.

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Momentum gained by UP is auspicious for India’s growth, says Amit Shah



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Can leader of opposition status be withdrawn? SC to decide

The Supreme Court on Friday agreed to examine an important constitutional question — Can a Speaker or chairman withdraw the ‘leader of opposition’ recognition from the leader of a party which has the highest numerical strength among opposition groups, but its number is below 10% of House strength. The decision could have a bearing on the functioning of vital democratic institutions like Lok Sabha, Rajya Sabha, assemblies and legislative councils.

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US shoots down 'high-altitude object' over Alaska: White House



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Friday, 10 February 2023

Over 16L gave up citizenship since 2011, EAM tells Rajya Sabha

The government on Thursday said in Parliament that more than 16 lakh Indians gave up their citizenship since 2011, including 2,25,620 last year, the highest during the period. The lowest number of people renouncing Indian citizenship during this period was 85,256 in 2020.

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Modi govt focusing on creating India of the future: Anurag Thakur



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Rules of House can’t subvert freedom of speech, says Kharge

Questioning the adverse action on his remarks during a speech, leader of opposition in Rajya Sabha Mallikarjun Kharge on Thursday told chairman Jagdeep Dhankhar that any direction or rule of the House cannot subvert the constitutional guarantee of freedom of speech granted to members of Parliament, and any criticism of the government and its policies can never be equated with the “dignity” of the council of states.

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Rs 5 meals for poor, bikes for girls in BJP Tripura manifesto

BJP’s national president J P Nadda on Thursday unveiled the party’s election manifesto for a “unnato Tripura, shreshtho Tripura”, headlining it with a raft of welfare proposals such as special canteen meals to the poor three times a day at Rs 5 each, a Balika Samridddhi bond of Rs 50,000 to each underprivileged family on the birth of a girl child and scooters for meritorious college girls.

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UP Global Investors Summit to begin with Rs 27 lakh crore leap



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Thursday, 9 February 2023

Railways set to introduce two more types of Vande trains



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PM Modi, Netanyahu discuss ways to boost defence ties



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India will never abandon Afghanistan people: Doval at Russia meet



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Leopard holds court in Ghaziabad, leaves bloody trail



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Reliance, BPCL among buyers using UAE currency for Russian oil

Reliance Industries, Bharat Petroleum Corp and Nayara Energy are among Indian refiners using United Arab Emirates dirham to pay for some shipments of Russian crude as they navigate Western sanctions.

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Collegium recommends 4 names for HC chief justices



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Wednesday, 8 February 2023

Govt gets 33.44% stake in Vodafone Idea post equity allocation

Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company.

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Bharti Airtel Q3 net profit surges 92% to Rs 1,588 crore

Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive growth across businesses.

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Tuesday, 7 February 2023

KLM fined ₹8 lakh for denying flyer boarding



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Cost cut by Rs 50,000 relief for single women in new Haj policy



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Adani prepays loans of $1.1bn to release pledged group co shares

Adani Group chairman Gautam Adani has paid off $1.1 billion (Rs 9,203 crore) worth of loans ahead of their scheduled payment to release pledged shares in three listed companies as he looks to reinstate investor confidence in the financial health of his energy-to-edible oil conglomerate.

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PM Modi asks govt departments to offer all help to Turkiye, Syria



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SC judge takes oath with ‘butterflies in stomach’



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Monday, 6 February 2023

BJP neta held for attack on CPM rally in Tripura



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Adani given no favour, oppn is being hypocritical, says Union finance minister Nirmala Sitharaman

Finance minister Nirmala Sitharaman on Sunday dismissed charges of the government favouring the Adani Group, arguing that everything was awarded through open tender. She went on to accuse the opposition of hypocrisy by pointing out that their governments in states have handed over land to the same conglomerate to build ports and other projects.

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Reality contrary to government claim, say Joshimath locals

Sanjay Uniyal, treasurer of Joshimath Bachao Sangharsh Samiti (JBSS), a citizens’ collective which is spearheading the movement in support of the residents, said, “We are receiving regular reports of fresh cracks in houses. We’re receiving nearly half-a-dozen complaints daily”.

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Silent on construction details, government says Himalayas unstable

In the backdrop of the recent land subsidence episodes of Joshimath area in Chamoli district of Uttarakhand, the government has told Parliament that many parts of the Himalayas have “unstable and dynamic geology, which may lead to land subsidence and landslides”. It also said that the region has been witnessing “gradual subsidence”.

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Musharraf leaves behind mixed legacy, will be remembered for Kargil

With his death, after a protracted illness, former Pakistan president Pervez Musharraf leaves behind a Janus-faced legacy in relations with India which saw him presiding over some horrendous acts of terrorism but later, under pressure from the US which reportedly threatened to bomb Pakistan back to the stone age after 9/11, suing for peace.

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IndiGo gives refund to Patna-bound flyer who landed in Udaipur

IndiGo has refunded the Delhi-Patna airfare paid by Afsar Hussain — who after a series of oversights flew on a flight to Udaipur last Monday (Jan 30) — to the passenger. The Directorate General of Civil Aviation (DGCA) is learnt to be looking at ways to ensure that such a thing, Wong person on wrong flight, does not happen again.

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Sunday, 5 February 2023

Religious, social bodies come out in support of Oreva MD

Several social, religious and business organizations on Saturday openly came out in support of Oreva Group managing director Jaysukh Patel, who was arrested in connection with the October 30, 2022, Morbi suspension bridge collapse that left 135 people dead.

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Indian markets less volatile than global peers, says Sebi

Sebi on Saturday acknowledged the current spate of excessive volatility in the stock market due to the fall in the shares of “a business conglomerate” — an allusion to Adani Group scrips. In its first official comments on the decline, a release from the markets regulator said in case it receives information about any particular stock, it examines the matter and takes appropriate measures.

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Religious, social bodies come out in support of Oreva MD



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11 Jamia accused discharged, court calls them ‘scapegoats’

In a big setback to the prosecution, a Delhi court on Saturday discharged student activists Sharjeel Imam, Safoora Zargar, Asif Iqbal Tanha and eight others in a case related to the violence that took place at Jamia Millia Islamia in December 2019 saying they had been made “scapegoats” because police couldn’t catch the actual perpetrators.

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Indian markets less volatile than global peers, says Sebi

Sebi on Saturday acknowledged the current spate of excessive volatility in the stock market due to the fall in the shares of “a business conglomerate” — an allusion to Adani Group scrips. In its first official comments on the decline, a release from the markets regulator said in case it receives information about any particular stock, it examines the matter and takes appropriate measures.

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No impact of Adani FPO cancellation on economy: Finance minister Nirmala Sitharaman

Union finance minister Nirmala Sitharaman said here on Saturday that the cancellation of Adani Enterprises’ follow-on public offer (FPO) will not have any impact on the economy and no effect on the image of the economy. Responding to queries on the crash of Adani Group shares, the finance minister said, “Regulators will do their job, and they are independent of the government.

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Saturday, 4 February 2023

Lobbyists eliminated from Budget-drafting process: Sitharaman

Finance minister Nirmala Sitharaman on Friday said that Budget-drafting under the Narendra Modi government is done after an exhaustive exercise of consultations with stakeholders, and that power brokers or lobbyists are not entertained anymore, unlike previously.

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Assets of Chidambaram’s wife, others seized in Saradha scam

The ED on Friday said it has attached assets worth Rs 6.3 crore in the Saradha money laundering case. The owners of the assets include Nalini Chidambaram, wife of former finance minister P Chidambaram. The ED said movable assets worth Rs 3.3 crore and properties worth over Rs 3 crore have been attached in an ongoing probe against Saradha group of companies. The agency added that these properties were owned by the Saradha group and other persons who were beneficiaries of the proceeds of crime.

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Vodafone Idea gets a lifeline, govt to hold 33% stake in it

The Centre finally stepped in to resurrect Vodafone Idea, the ailing telecom operator, and is going ahead to pick up around 33% stake in the company to emerge as the largest shareholder. The move came after promoters Aditya Birla group and Vodafone Plc assured that they will raise as much as 20,000 crore, apart from kickstarting the exercise to launch the high-speed 5G network.

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Vodafone Idea gets a lifeline, govt to hold 33% stake

The Centre finally stepped in to resurrect Vodafone Idea, the ailing telecom operator, and is going ahead to pick up around 33% stake in the company to emerge as the largest shareholder. The move came after promoters Aditya Birla group and Vodafone Plc assured that they will raise as much as 20,000 crore, apart from kickstarting the exercise to launch the high-speed 5G network.

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Paytm Q3 consolidated loss narrows to Rs 392 crore

Digital financial services firm One97 Communications on Friday said it has narrowed its consolidated net loss to Rs 392 crore in the third quarter ended December 2022.

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Friday, 3 February 2023

It’s for House to take call on ‘one candidate, one seat’: SC

The Supreme Court on Thursday dismissed a six-year-old PIL challenging the validity of Section 33(7) of the Representation of the People Act that allowed a candidate to contest from two seats in any general election and said it was for Parliament to decide whether enacting the “one candidate-one constituency” law would further electoral democracy.

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Govt committed to judge social diversity: Rijiju

The government remains committed to social diversity in appointment of judges in the higher judiciary and has been requesting the chief justices of high courts that due consideration be given to suitable candidates from among Scheduled Castes, Scheduled Tribes, Other Backward Classes, minorities and women while recommending names to ensure social diversity in high courts, Law Minister Kiren Rijiju told Rajya Sabha on Thursday.

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Union Budget 2023: 1cr in Rs 5-7L income range to gain from new tax regime

Close to one crore individuals in the Rs 5-7 lakh income range stand to gain from the government’s decision to increase the rebate level to Rs 7 lakh under the new tax regime, data available with the finance ministry showed. Several of these individuals are unable to use the benefits available for investment in specified savings instruments, such as public provident fund or 5-year fixed deposits, increasing their tax liability, government sources told TOI.

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Budget: 1cr in Rs 5-7L income range to gain from new tax regime

Close to one crore individuals in the Rs 5-7 lakh income range stand to gain from the government’s decision to increase the rebate level to Rs 7 lakh under the new tax regime, data available with the finance ministry showed. Several of these individuals are unable to use the benefits available for investment in specified savings instruments, such as public provident fund or 5-year fixed deposits, increasing their tax liability, government sources told TOI.

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US weekly jobless claims drop to nine-month low



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Thursday, 2 February 2023

Lending money out? Pay 20% tax at source

Minus education fees and health expenses, money sent abroad for any other purpose will now attract a steep 20% tax collected at source (TCS). The upfront payment can be recouped when you file your income tax returns. So, whether you send expense money to your child abroad, or buy a house overseas or opt for a foreign tour package or invest in global stocks and bonds, you will need to factor in the 20% TCS — a rule that could potentially impact your cash flows.

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Bullish on Budget, bearish on Adani, sensex swings wild

The BSE sensex gyrated wildly on Wednesday as a bullish response to the Budget was offset by a fresh slump in Adani Group stocks. After gaining over 1,200 points by mid-session, and then nose-diving by 2,000 points, the sensex finally closed with a modest gain of 158 points at 59,708 points.

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'Domestic violence case valid even if woman’s spouse lives abroad'

Any woman residing in India either temporarily or permanently is entitled to seek relief from a court of law under the Domestic Violence Act even if her spouse lives outside the country, the Madras HC said. The court dismissed a petition challenging a domestic violence complaint filed by his wife against him in a Chennai family court. "The cause of action arises in India since the aggrieved person is residing here, even if abused economically by the spouse residing in another country," he said.

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US may let GE make jet engines in India

The invitation to Prime Minister Narendra Modi to make a state visit to the US comes amid efforts to achieve a quantum leap in bilateral ties, with India’s national security adviser, Ajit Doval, and his US counterpart, Jake Sullivan, tasked with launching a Critical and Emerging Technologies (iCET) initiative that officials suggest will top anything the two countries, long prone to mutual distrust, have achieved so far, including the civilian nuclear agreement of 2005.

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US may let GE make jet engines in India

The invitation to Prime Minister Narendra Modi to make a state visit to the US comes amid efforts to achieve a quantum leap in bilateral ties, with India’s national security adviser, Ajit Doval, and his US counterpart, Jake Sullivan, tasked with launching a Critical and Emerging Technologies (iCET) initiative that officials suggest will top anything the two countries, long prone to mutual distrust, have achieved so far, including the civilian nuclear agreement of 2005.

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'All-inclusive visionary Budget boost for a self-reliant India'

Reflecting the upbeat sentiments of BJP and party cadres over the announcements in the Union Budget, Union home minister Amit Shah on Wednesday welcomed several proposals like tax relief to the middle class and measures to empower women, tribals and the most backward classes.

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Wednesday, 1 February 2023

Study: More cold wave days in India in recent decade

India may have seen a number of record-breaking warm years in the recent decades, but there has been no let-up in the extreme cold waves in the country despite global warming, an IITM study has indicated. The analysis, led by IITM scientists Raju Mandal and Susmitha Joseph, took into account the number of cold wave events in the last seven decades, 1951–2022, and found that more cold wave days are occurring in the recent decades than in the previous ones.

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Budget will attempt to meet aspirations of people: PM Modi

Prime Minister Narendra Modi, in his address to the media before the start of the Budget session of Parliament on Tuesday, said the whole world had its eyes on India’s 2023 Budget and exuded confidence that an attempt would be made to meet the hopes and aspirations of the people of the country.

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President’s speech is like BJP manifesto for 2024: Opposition

Opposition parties on Tuesday criticised the President’s address alleging that the speech was like the “first chapter” of BJP’s manifesto for 2024 and key issues related to controlling prices, communal harmony and women were “missing”.

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Modi govt ‘fearless, decisive’, says President, cites war on Covid, terror

President Droupadi Murmu Tuesday showcased fearlessness, decisiveness and stability among the hallmarks of the Modi government and emphasised these strengths have not only helped it tackle numerous challenges and played a crucial role in delivering transformative governance to the country, but also allowed the world to look towards India with high hopes.

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Pfizer forecasts steep fall in 2023 sales of Covid products



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