Mumbai recorded 350 new coronavirus positive cases, its highest single-day count since February 11 this year,
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
A powerful 7.8 magnitude earthquake hit southern Turkey and northern Syria early Monday, toppling hundreds of buildings and killing at least 1,300 people. The toll is expected to rise further.
The active cases have increased to 1,44,264, while the death toll has climbed to 5,25,760.
Justice Dangre said she would not be able to hear the plea due to "personal reasons".
The number of active cases has declined to 4,05,513, accounting for 1.3 per cent of the total caseload, while the national COVID-19 recovery rate was recorded at 97.36 per cent, the ministry's data updated at 8 am showed.
The toll in the landslide at a railway construction site in Manipur's Noney district rose to 24 on Saturday with 38 people still missing, officials said.
Rural households in the country could have paid a whopping Rs. 471.8 crore last year as bribe.
The rupee extended its losses and slumped 60 paise to close at a record low of 77.50 (provisional) against the US dollar on Monday, pressured by the strength of the American currency overseas and unabated foreign fund outflows. Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks. At the interbank foreign exchange market, the rupee opened lower at 77.17 against the greenback, and finally settled for the day at 77.50, down 60 paise over its previous close.
Expressing concern over the rise in Covid-19 cases in Maharashtra, state Deputy Chief Minister Ajit Pawar on Thursday said the use of face masks will have to be made mandatory if the spike continues.
The Bombay High Court on Thursday said it would hear on September 29 the plea filed by Maharashtra's former home minister Anil Deshmukh against summons issued to him by the Enforcement Directorate in a money laundering case.
If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day.
The court, however, stayed the order till October 13 to enable the ED to file an appeal against bail.
The Bombay High Court on Tuesday said its division bench (comprising two judges), instead of a single-judge bench, would hear the petition filed by Maharashtra's former home minister Anil Deshmukh against the summons issued to him by the Enforcement Directorate in a money laundering case.
Officials said more Indians in small groups are expected to reach Romania through the border crossing.
Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.
It offers a real opportunity for the flag carrier to compete on the world stage, backed by a leading conglomerate with deep pockets like the Tatas, observes Indrajit Gupta.
Foreign portfolio investors (FPIs) have pulled out Rs 17,696 crore from the Indian markets in December so far amid uncertainty due to a new coronavirus strain, Omicron, and expectations of faster tapering by the US Federal Reserve. According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17. In November, FPIs were net sellers to the tune of Rs 2,521 crore in Indian markets.
India's second-largest information technology (IT) firm Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23 (FY23), said people in the know. "The margin impact in the current quarter has reflected on the performance bonus for this cycle," the company told its employees over email. "While 70 per cent is the correct figure, an important point is we have been told that the company will not defer any variable payment. "It is being paid according to schedule," said a person.
'We always knew we would be under pressure if the conditions went around a bit.'
The Enforcement Directorate (ED), probing the case, sought his remand for nine more days, but the court refused the probe agency's plea and sent him to judicial custody.
Among major Sensex movers, Reliance Industries soared by 3.29 per cent as energy prices rose due to the war in Ukraine. Tata Steel emerged as the lead gainer among Sensex scrips, jumping by 6.61 per cent. Power Grid, Titan, NTPC, ICICI Bank, L&T, Infosys and Sun Pharma were among the gainers.
While Bajaj Finance, Asian Paints, Tata Steel, NTPC and SBI were among the other gainers, ONGC, Axis Bank, Tech Mahindra, Infosys and ICICI Bank were among the laggards. NSE Nifty advanced 82.75 points or 0.73 per cent to settle at 11,470.25.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after Game 52.
The new entrants comprise Asian Paints, Britannia, Titan, Nestl, Bajaj Finance and Bajaj Finserv.
At a rally held in Bilaspur Chief Minister Jai Ram Thakur presented the PM with a 'Ransingha', a trumpet-like traditional instrument.
The development comes on a day the Supreme Court adjourned Anil Deshmukh's plea, which sought protection from any coercive action by the Enforcement Directorate in the criminal case registered under various sections of the Prevention of Money Laundering Act, and said it would hear his petition on August 3.
"It is not a crime to be a Hindu. It is not their (Islamic) State."
Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.
A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) attaching a residential flat worth Rs 1.54 crore in Mumbai's Worli, and 25 land parcels valued at Rs 2.67 crore in Dhutum village in Raigad district.
With this, the total coronavirus cases in the country have risen to 1,06,67,736 including 1,84,182 active cases and 1,03,30,084 total discharges. However, the total death toll in the country due to the infection mounted to 1,53,470 including the new deaths.
Sources said that the lookout circular was issued to prevent Deshmukh from fleeing the country.
A reduction of 7,255 cases has been recorded in the active COVID-19 caseload in a span of 24 hours.
A well-marked low-pressure area over southwest Bay of Bengal intensified into a depression on Thursday morning packing wind speed of 40-50 kmph as it moved towards the north Tamil Nadu coast, the weather office said.
The Supreme Court on Tuesday refused to interfere with the Bombay high court order granting bail to former Maharashtra home minister Anil Deshmukh in a money laundering case.
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.
The development marks a watershed moment in India's telecom history since fixed-line or landline connections formed the final segment where a State-owned operator was in the top spot.
A special court on Mumbai on Tuesday rejected a plea filed by former Maharashtra home minister Anil Deshmukh seeking 'default bail' in an alleged money laundering case.
Equity benchmarks began the week on a downbeat note on Monday, weighed by heavy selling in market heavyweight Reliance Industries and persisting weakness in global bourses. The rupee plunged to its lifetime low against the US dollar amid unabated foreign fund outflows, underscoring the risk-off sentiment prevailing globally as central banks embark on policy tightening to tame soaring inflation. Slipping for the second straight session, the 30-share BSE Sensex shed 364.91 points or 0.67 per cent to close at 54,470.67.
Infosys CEO Salil Parekh, has praised the company's founders for building an "incredible organisation", and exuded confidence that the firm which "has always been solid" will "continue with that stability." Parekh - who steered the firm to stability after a bitter spat between founders and then-management a few years back - believes that Infosys is "well positioned" to leverage tech-led growth opportunities over the next several years. Parekh took over at the helm in January 2018, after a standoff between board and founders, including NR Narayana Murthy, over issues such as governance, led to the exit of then-CEO Vishal Sikka.
