Over one crore COVID-19 vaccine doses have been administered in the country till now with the highest single-day vaccinations of more than 6 lakh jabs given on Thursday, the Union health ministry said on Friday.
Markets regulator Sebi on Wednesday imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding the buyback of shares in 2014. In addition, the regulator levied a fine of Rs 15 lakh each on P Elango, who was the CEO and director of Cairn, Aman Mehta, who was the director on the company's board, and Neerja Sharma, who was director (risk assurance) and company secretary, Sebi said in an order. These three officials had signed the public advertisement regarding the buyback in January 2014 and facilitated the company in making the misleading announcement.
The market valuation of Tata Consultancy Services (TCS) jumped Rs 31,294.89 crore to Rs 8,25,149.40 crore while Reliance Industries Limited (RIL) added Rs 28,464.11 crore to take its market valuation to Rs 11,33,168.55 crore.
As it readies for its initial public offering (IPO) later this year, digital payments firm Paytm is honing its strengths to remodel itself from being a payment wallet to becoming a financial services provider, and is working towards narrowing its losses, evident from its most recent Annual Report. Unlike many of its peers, Paytm has started expanding its merchant payment ecosystem. It has realised that though it can take the maximum share of the Unified Payment Interface (UPI) transactions, from a revenue generation point of view it will not have any impact.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
I-T returns data show 83% of the Congress' and 65% of the BJP's total income was from anonymous benefactors.
They said 37.5 crore of Covishield doses from the Serum Institute of India and 28.5 crore Covaxin doses from Bharat Biotech will be procured by December.
The incident took place in the business class of the Air India flight from New York to Delhi on November 26 last year.
The mobile data revenue at Rs 2,324 cr registered a growth of 70 per cent
Led by the weak trend in the broader market, the market capitalisation of BSE-listed companies plunged Rs 1,65,437.91 crore to Rs 1,38,54,439.41 crore.
It must be mentioned in this regard that former secretary Ajay Shirke, who was removed by Supreme Court did not claim a single penny from the BCCI unlike all other office bearers. However, the two principal office-bearers -- Amitabh and Aniruddh's expenditures has grabbed the eyeballs of all and sundry.
Prince Harry and his wife Meghan were 'pretty nervous' as they were chased by paparazzi in New York, according to an Indian-American cab driver who drove the couple for about 10 minutes after picking them up at a police station in Manhattan.
Employment in nine selected sectors, including construction, manufacturing and IT/BPO, was at 3.08 crore in the April-June quarter of 2021-22, reflecting a growth of 29 per cent compared to 2.37 crore reported in the Economic Census of 2013-14, according to a survey. Labour and Employment Minister Bhupender Yadav on Monday released the report of Quarterly Employment Survey (QES) part (April to June 2021), of the All-India Quarterly Establishment-based Employment Survey (AQEES) prepared by the Labour Bureau. Announcing the results, Yadav said the estimated total employment in the nine selected sectors from the first round of QES is 3 crore and 8 lakh approximately against a total of 2 crore and 37 lakhs in these sectors taken collectively, as reported in the sixth Economic Census (EC 2013-14) reflecting a growth rate of 29 per cent.
A sharp decline in crude and strengthening of the rupee added to the buoyancy.
India's GST collection remained above Rs 1 lakh crore for the third month in a row at over Rs 1.17 lakh crore in September, raising expectations that second half of the year will post higher revenues. The tax collections in September on goods sold and services rendered was 23 per cent higher than Rs 95,480 crore collected in September 2020, and 27 per cent higher than Rs 91,916 crore collected in September 2019. The collection in September is the highest in five months since April, when revenue was at record high of Rs 1.41 lakh crore.
Justice A S Gadkari directed the police to file its affidavit by July 29 in response to a petition submitted by Kundra, 45, challenging his arrest in the case.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The country's largest private sector lender HDFC Bank on Saturday reported a 23 per cent jump in standalone net profit to Rs 10,055.20 crore for the March quarter, led by growth in loan demand across categories and lower provisioning as bad loans were trimmed. The bank's net profit during the corresponding period of the previous fiscal stood at Rs 8,186.51 crore. "After providing Rs 2,989.5 crore for taxation, the bank earned a net profit of Rs 10,055.20 crore, an increase of 22.8 per cent over the quarter ended March 31, 2021," HDFC Bank said in a regulatory filing.
The markets are showing no signs of stability as the economic impact of the coronavirus outbreak is likely to be significant for many major economies.
The Supreme Court on Thursday appreciated the decision of the West Bengal Government to withdraw the cases against some persons, including editors of a news web portal, in connection with articles published by them and hoped that it would be followed by other states.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Investors' wealth jumped over Rs 2.95 lakh crore on Thursday, the first day of the new financial year, amid a rally in the equity market. The 30-share BSE benchmark index rallied 520.68 points or 1.05 per cent to close at 50,029.83. Driven by the bullish sentiment, the market capitalisation of BSE-listed companies rose by Rs 295,587.25 crore to reach Rs 295,587.25 crore at close of trade on Thursday. IndusInd Bank, Kotak Bank, Ultratech Cement and Bajaj Finance were the prominent gainers. In contrast, HUL, HDFC Bank, Nestle and TCS suffered losses.
LIC Housing Finance Ltd has posted a net profit of Rs 413.40 million for the quarter ended December 31 as compared to net profit of Rs 321.20 million in the quarter ended December 31, 2001.
The police in the HC argued that Kundra was not cooperating with the probe in the case, filed in February this year by the Mumbai crime branch, and had destroyed evidence, a claim refuted by his lawyer.
India's Goods and Services Tax (GST) collection surged to Rs 1.30 lakh crore in October, the second highest since its implementation in July 2017, indicating economic recovery from the COVID-19 pandemic and impact of festive demand, a finance ministry statement said on Monday. The highest GST collection of Rs 1.41 lakh crore was recorded in April 2021. This is the fourth time in a row when the GST collection was upwards of Rs 1 lakh crore. The collection from GST was Rs 1.17 lakh crore in September, 2021.
The suspended Bharatiya Janata Party MLA was picked up under Act No.1 of 1986 (Preventive Detention Act), police said.
India' total COVID-19 infections had surpassed the one crore mark on December 19 after which it took around 136 days to cross the two crore mark on May 4.
The Agriculture Ministry has incurred an expenditure of Rs 67,99,750 on production of three promotional and two educational films on the farm laws for its wider publicity through electronic media, social media and webinars.
RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
Under the GST law, states were guaranteed to be paid for any loss of revenue in the first five years of the GST implementation from July 1, 2017.
Finance Minister Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh crore ECLGS for MSME sector, hit hard by coronavirus-induced lockdown. The meeting on Emergency Credit Line Guarantee Scheme (ECLGS) was held through video conference, and the minister appreciated the efforts of banks in execution of the scheme.
When asked about the matter, Superintendent of Police Dinesh Singh said on Wednesday Yadav had tweeted for a distant relative. "When he was called, he did not pick up. We thought he might be in some problem and therefore he was not picking up the phone. So we used surveillance and tracked his location and reached his house, where he was found sleeping," Singh said. "Shashank's motive was to create sensation and fear," he added.
Mumbai and its adjoining areas were lashed by heavy showers on Tuesday, causing water-logging at a number of places, including railway tracks, which slowed the movement of trains and vehicles on roads.
Sisodia was arrested after nearly eight hours of questioning on various aspects of the excise policy for 2021-22, which the probe agency says suffered from irregularities both in its formulation and implementation, allegedly intended to benefit people with links to the AAP.
The development comes days ahead of the Prime Minister Narendra Modi's visit to the state to inaugurate various projects.
Investments through participatory notes (P-notes) in the Indian capital market rose to Rs 91,658 crore at February-end, making it the highest level in 33 months, suggesting growing confidence of overseas investors. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Sebi data, the value of P-note investments in Indian markets -- equity, debt and hybrid securities - increased to Rs 91,658 crore in February-end from Rs 84,916 crore at January-end.
The poll-panel called these seizures by its various field and technical enforcement teams a "historic milestone" achieved "for the first time in any assembly electoral process", meaning during simultaneously-held assembly polls.
The government has revised its divestment target downwards from Rs 2.1 trillion, as its ambitious privatisation programme has been deferred to next year.
