Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.
A host of conspiracy theories followed, involving Indira Gandhi, her younger son Sanjay, his favourite small car project, secret funding of the Bangladesh Mukti Bahini and even the Central Intelligence Agency of the United States.
'...but subjecting our heritage to rigorous evidence-based understanding.'
Stock exchanges are expanding the buffet of index derivatives even as the number of stocks permitted to trade in this space, generating an average daily turnover of Rs 450 trillion, is shrinking. This week, the National Stock Exchange (NSE) started issuing futures and options (F&O) contracts based on the Nifty Next 50 Index, bringing the total count of index derivatives to five.
Kamal Haasan is right where he left off from the first film but there is only so much he can do to salvage an already lost cause, observes Arjun Menon.
Compulsory retirement is part of a half-yearly exercise now for cases where government wants to weed out officers, but without taking the disciplinary proceedings route.
'Rahman was a guiding star. He was a co-film-maker rather than just a music director.'
Ashwini Vaishnaw has repeatedly warned officials "to take VRS and sit at home" if they did not perform.
The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said.
Celebrate the weekend with Shah Rukh Khan and more on OTT.
Finance Minister Nirmala Sitharaman on Thursday said the government is close to reaching saturation in implementing social sector schemes designed to provide basic necessities to the poor. Addressing the students of Hindu College on the occasion of its 125th anniversary, she said the time has come for India to become economically 'aatmanirbhar' (self-reliant) and march forward to becoming a developed nation by 2047. Regretting that 60 years since Independence passed without any sense of urgency, Sitharaman said, "We have laid the material foundation for a Viksit Bharat" and empowering people by providing basic necessities to all.
From damsels versus dragons to showbiz shenanigans, ready to catch all the action on OTT this week?
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
Jharkhand Chief Minister Hemant Soren on Thursday said he will attend the inauguration of the Ram temple at Ayodhya in January if he is invited to the programme.
Notorious for drugs and crime and afflicted by large-scale poverty, the Khayelitsha township in Cape Town is better known for being one of the biggest slums on the planet. But World Cup-winning coach Gary Kirsten is attempting to change the image for good through cricket.
Rediff.com takes a look at this epicentre of reefer madness that is the 4/20 celebration.
'If you weed out corruption, you will bring glory to Goa.'
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
Pulses are most vulnerable to pests and diseases if the monsoon remains patchy for the rest of the season.
The matter came up before Justice Subramonium Prasad who listed it for hearing on October 16.
In one of his statements before the NCB, Aryan Khan admitted that he started smoking ganja in the US in 2018 when he was doing graduation there, as per the chargesheet.
Coimbatore-based environmental activist R Manikandan, was named the South Zone Water Warrior by the Government of India's Jal Shakti ministry.
'US officials must grapple with the possibility that one of its closest partners attempted an extrajudicial killing on its soil.' 'This is not something that friends typically do to friends.'
Justice N Seshasayee said in his order on September 15 that the court is conscious of 'the very vociferous, and at time noisy debates on pro and anti Sanatan Dharma' and the court could not help pondering over with genuine concern for what is going around.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
The number of active terrorists in the valley is at its lowest in the last 34 years, General Officer Commanding of Chinar Corps Lieutenant General A D S Aujla said.
The Chhattisgarh government has decided to set up model fair-price shops (FPS) in each district and encourage owners to act as banking correspondents for providing financial services. The state has around 12,300 fair-price shops across 33 districts. The state government is, however, encouraging FPS owners to provide a host of services besides acting as a banking correspondent.
The BJP's challenge is whether it can again deflate a Congress, which now looks reinvigorated and has adopted sharper messaging around its 'guarantees', and several regional parties, especially in Bihar, Maharashtra and West Bengal.
The hiring scenario is for the batch that passes out in 2024. These are graduates who will be impacted, given 2022 graduates are not fully absorbed and 2023 onboarding still incomplete.
Kamal Haasan said that Mahendran the biggest example for the fact that democracy sometimes fails and accused that he had lied to take the faces of the people who gave him the identity.
As part of the deradicalisation strategy, the army, with the cooperation of the Union Territory administration, has undertaken a series of initiatives.
Banerjee, while addressing a convention of party workers and leaders, said her party's cadres have to reach out to the people to counter canards spread against the TMC by opposition parties.
There's an entire gurdwara dedicated to immigration. People present tiny airliner models here in the hope that Waheguru will soon give them a ticket, passport and visa to leave, reveals Shekhar Gupta.
Prime Minister Narendra Modi asserted on Wednesday that his government's action against corruption has made some people angry but he will not turn back in this fight against graft and nepotism, however big an alliance his rivals form against him.
'How do you stay so energised? So young?' 'Dev Anand flashed that familiar crooked grin and told me, "The mind never grows old. It urges you to surge ahead".'
Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer. To apprehend black sheep, who operate as syndicates and create fake entities on the basis of forged documents to claim input tax credit (ITC), tax officers have started using data analytics, artifical intelligence and machine learning aiming to curb evasion, which was over Rs 3 lakh crore since inception of GST. It was over Rs 1 lakh crore in 2022-23. Thinktank Global Trade Research Initiative (GTRI) said the most critical pending GST reform is upgradation of GST Network to prevent fake supplies and fraudulent claims of Input Tax Credit (ITC).
Mr Jaspal Singh, managing director of Caan World Consultants, a reputed student visa consultancy in Jalandhar, sheds light on new UK student visa policies.
A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said a representation may be made by petitioner Ashwini Upadhyay to the poll panel or other authorities for consideration.
Mufti said the fundamental rights enshrined in the Indian Constitution and guaranteed to all Indian citizens "are being brazenly impinged upon".
