In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
Reliance Jio Infocomm (RJIL) has written to the Telecom Regulatory Authority of India (Trai) stating that a recent complaint against it by Bharti Airtel is a deliberate, malicious attempt at defaming RJIL's consumer-friendly tariff. RJIL has also asked the regulator to warn Airtel against 'making such frivolous complaints in the future'. The move is in response to Airtel recently requesting Trai to bring content aired through broadband under the regulatory fold and keep a check against discriminatory bundling tactics.
This follows an Authority for Advance Ruling (AAR) decision, which directed that payments made by an Indian subscriber for using a portal of a foreign company will be subject to deduction of tax at source.
Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.
Justice S N Phukan, who hails from Assam, would replace Justice K Venkataswamy, who resigned in the wake of a controversy over his simultaneous appointment as chairman of Authority on Advance Rulings on Customs and Excise.
Finance Minister Arun Jaitley on Friday said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015.
The company claimed that its product is "three times better than remdesivir and that 'AAYUDH Advance starts where vaccines stop'."
The request must be delivered at least eight weeks in advance to relevant authorities.
Jaishankar said that India and Russia have a long-standing relationship that has certainly served New Delhi's interests well.
The attack on Rushdie sent shock waves around the world, with world leaders and literary stalwarts saying they were appalled at the attack on the author who championed free speech and lived under the threat of assassination for nearly half his life.
'The BJP is thinking of advancing the polls before the situation deteriorates further in Kashmir.'
"We are disturbed at the recent verdicts. As a neighbouring democracy, India has been consistently supportive of the democratic transition in Myanmar," Spokesperson in the Ministry of External Affairs (MEA) Arindam Bagchi said.
The Center for Civil Liberties, another awardee of the 2022 Nobel Peace Prize, was founded for the purpose of advancing human rights and democracy in Ukraine. It has taken a stand to strengthen Ukrainian civil society and pressure the authorities to make Ukraine a full-fledged democracy.
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
A five-judge Constitution bench headed by Chief Justice D Y Chandrachud told Solicitor General Tushar Mehta, appearing for the Centre, that the nature and tenability of the preliminary objection will depend on the canvass the petitioners open up and the court wants to have a view of their argument.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
The verdict, upholding Centre's November 15, 2019, notification bringing personal guarantors of corporate debtors under the net of the IBC, assumes significance in view of the fact that various high-profile industrialists may now face insolvency proceedings along with their debt-ridden firms under the IBC.
Overestimation of AI can lead to an excessive level of trust and the spread of disinformation. ChatGPT's replies are riddled with factual errors, hidden in eloquent, grammatically correct sentences. This leads to a hallucination of truth, explains Kumar Abishek.
'Some of his ministers have performed abysmally, and Bommai has faced an unwanted campaign of religious polarisation imposed by national BJP leaders.'
Dealing with the validity of OBC quota, the bench said, "Merit cannot be reduced to narrow definitions of performance in an open competitive examination which only provides formal equality of opportunity. Competitive examinations assess basic current competency to allocate educational resources but are not reflective of excellence, capabilities and potential of an individual which are also shaped by lived experiences, subsequent training and individual character."
Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Who took the decision for the prime minister, the nation's single most popular leader, to take the road route when they should have already known about the farmers' protests and also the grave risks involved, when and how, asks N Sathiya Moorthy.
The case lodged against him by one of the Customs officials is pending before the special judge, Thiruvananthapuram.
The tech creators, or the ones who made billions, asks Ajit Balakrishnan.
This military visit came amid heightened tensions between China and United States, with issues pertaining to disagreements over Taiwan and the COVID-19 pandemic.
'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'
Demonetisation and Agniveer reveal the two mindsets India has become. In both these government schemes, one sees a desire to play the country like an orchestra anchored by conductor/conductors, argues Shyam G Menon.
A Parliamentary panel examining the Lokpal bill may recommend that the proposed anti-corruption watchdog be a single window stop for probing all corruption complaints against government functionaries by ending multiplicity of investigating agencies to investigate graft cases.
India is one of the largest manufacturers of pharmaceutical products in the world with the annual production valued at over Rs 2 lakh crore.
The Supreme Court on Thursday reserved its verdict on a batch of petitions challenging the Karnataka high court judgment refusing to lift the ban on hijab in educational institutions of the state.
The revenue department had sent notices to FIIs demanding 20 per cent MAT
The BJP has nothing to lose after a point. For the DMK it is a difficult choice, as it would not want to give too much of space to a 'national party' lest the 'Dravidian duel' of the past decades should be lost forever, observes N Sathiya Moorthy.
State Congress president D K Shivakumar even tore papers on his table, in protest against the introduction of the bill, which his party called 'draconian and anti-constitution'.
The tax department is on a spree to ensure more taxpayers in the country use the PAN card.
The bill was passed in the assembly in December last year but was pending before the council where the ruling Bharatiya Janata Party is one short of a majority.
The Comptroller and Auditor General of India on Monday reported multiple irregularities in the accounts of units under the IT and telecom ministries, including purchases of hardware and software worth Rs 890 crore by NICSI in contravention of rules. In its audit report for financial years 2017-18 and 2018-19, the Comptroller and Auditor General (CAG) has flagged anomalies in the decision taken by state-run telecom firm BSNL, C-DoT, the Department of Posts, ITI Limited and CDAC that had adverse financial implications. "NICSI procured hardware and software costing Rs 890.34 crore through the 'Strategic Alliance' route in contravention of General Financial Rules, 2005 and departmental instructions and thus failed to ensure transparency and competitiveness in the procurement process," according to the CAG report tabled in Lok Sabha on Monday.
Minimum taxes on foreign portfolio investors have been removed.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
The city, which reported the first case of COVID-19 in late 2019, has also upgraded its epidemic response measure, locking down the area where local COVID-19 infections have been reported while upgrading its risk levels, Chinese state media Global Times reported.
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