The country's current account deficit widened to 4.4 per cent of the GDP in the quarter ended September, from 2.2 per cent GDP during the April-June period, due to higher trade gap, as per data released by the Reserve Bank on Thursday. "India's current account balance recorded a deficit of $36.4 billion (4.4 per cent of GDP) in Q2:2022-23, up from $18.2 billion (2.2 per cent of GDP) in Q1:2022-23 and a deficit of $9.7 billion (1.3 per cent of GDP) a year ago [i.e., Q2:2021-22]," the RBI said.
The government has approved conversion of over Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity, the company said in a regulatory filing on Friday. Equity shares of face value of Rs 10 each will be issued to the government at the same price. "Ministry of Communications...passed an order today ie 3 February, 2023...directing the Company to convert the NPV of the interest related to deferment of spectrum auction instalments and AGR Dues into equity shares to be issued to the Government of India," the filing said.
Police seized condoms, contraceptive pills and pregnancy test kits from a Maoist hideout following an exchange of fire with red rebels on Odisha-Chhattisgarh border, a senior officer said in Nabarangapur on Thursday.
Rinku Singh says a burning desire to give his parents a good life while wading through tough times paved the way for his inclusion into the Indian team.
The Supreme Court on Wednesday asked whether Parliament could have enacted the Jammu and Kashmir Reorganisation Act, which divided the erstwhile state into two Union territories, during the subsistence of President's rule in 2018-2019.
Security forces on Tuesday extended the search operation to adjoining villages to track down a terrorist who managed to escape from a remote village in Jammu and Kashmir's Reasi district, officials said.
His disqualification as Wayanad MP is effective from March 23, the day of his conviction
Debt mutual funds are likely to be stripped of the long-term tax benefit if they invest less than 35 per cent of their assets in equities. Such mutual funds will attract short term capital gains tax. The government is likely to make such a proposal in the form of an amendment to the Finance Bill 2023 in the Parliament, sources said.
The IED that triggered a low-intensity explosion in courtroom number 102 on December 9 had left a person injured.
Khalistani separatist Lakhbir Singh alias 'Rode', a designated terrorist under the Indian law, has died recently in Pakistan, where he had taken refuge after his uncle Jarnail Singh Bhindranwale was killed in 1984 during an army action, officials said on Tuesday.
An unidentified terrorist was killed on Tuesday in an encounter with security forces in Anantnag while three alleged "hybrid" militants of the Lashkar-e-Tayiba were arrested during an anti-militancy operation in Srinagar and Budgam districts of Jammu and Kashmir.
The Congress on Wednesday hit out at the government over the women's reservation bill, saying the only appropriate description of what Prime Minister Narendra Modi has done with the matter is "it is a post-dated cheque drawn on a failing bank".
At least eight persons have been killed and 18 injured, including two security personnel, in Manipur's Bishnupur and Churachandpur districts following continuous gunbattle between Kukis and Meiteis over the last 72 hours, officials said on Thursday.
According to the police, one of the accused had made IEDs and later tested them at several places in Delhi, Rajasthan and Haldwani in Uttarakhand.
Of the ten police personnel who lost their lives in a Maoist attack in Chhattisgarh's Dantewada district, five had joined the force after quitting Maoist violence, a senior official said on Thursday.
A bag containing an improvised explosive device (IED) was found by the police in a house in the Old Seemapuri area in the northeastern part of Delhi on Thursday, a senior police officer said.
rediffGURU Mayank Chandel offers advice to students interested in a careers in science or engineering after class 10 and 12.
Terrorists struck for the second time at the same site within 14 hours in Jammu and Kashmir's Rajouri, leaving a minor sister-brother duo dead and six others injured in an improvised explosive device (IED) explosion on Monday.
The court directed the State Election Commission, the state government and the central government to file affidavits dealing with all the allegations made in three petitions alleging malpractices.
If they are made accountable, bad loan cases will shrink dramatically, recoveries will rise, and the NCLT process will be more manageable, asserts Debashis Basu.
The incident took place in Tuksan Dhok village and the captured terrorists included the most wanted LeT commander Talib Hussain, a resident of Rajouri district and the mastermind of the recent IED blasts in the district, the officials said.
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
The Jammu Police on Sunday averted a major terror attack and recovered an improvised explosive device (IED) which was targeted at a crowded area by an operative of terror outfit Lashkar-e-Tayiba (LeT).
Delhi Chief Minister Arvind Kejriwal on Thursday did not appear before the Enforcement Directorate for questioning in a case linked to the now scrapped Delhi excise policy and wrote to the central agency demanding the "recall" of its summons to him, calling it "vague, motivated and unsustainable in law".
The Punjab police on Friday claimed to have busted an ISI-backed terror module jointly handled by Canada-based gangster Lakhbir Singh alias Landa and Pakistan-based gangster Harvinder Singh Rinda with the arrest of two of its operatives.
The Union Public Service Commission will hold the Indian Economic Service/Indian Statistical Service Examination, 2009 commencing from November 21, 2009 for recruitment to Grade IV of the Indian Economic Statistical Service.
The Supreme Court on Friday stayed the promotion of 68 Gujarat lower judicial officers, including Surat chief judicial magistrate Harish Hasmukhbhai Varma who had convicted Congress leader Rahul Gandhi in a defamation case.
According to an official statement, Lodha is accused of using his position for financial gains by signing an agreement with the streaming platform for making a deal with the production house Friday Storytellers while he was in the position of an IPS officer.
Pasta procured in Italy cooked up with lightly braised vegetables that can be mimicked in India.
Voting for 10 constituencies was held from 7 am to 3 pm in 10 seats and from 8 am to 5 pm in the rest 10 segments under a thick security blanket of police and paramilitary personnel in the Naxalite-hit Bastar division.
Ajay Devgn has been the chief guest for many events. But this one is close to his heart.
What some of our leaders were up to on Wednesday, January 4, 2023.
Delhi Police on Monday arrested one of National Investigation Agency's (NIA) most wanted terrorists Mohammad Shahnawaz Alam and his two associates who were part of an Inter-Services Intelligence (ISI)-sponsored module 'disguised' as an Islamic State (IS) module and seized incriminating material, including those suspected to be used in an improvised explosive device (IED) fabrication, officials said.
The Securities and Exchange Board of India (Sebi) has proposed new regulations to deal with suspicious trading activities-a move that will empower the market watchdog to go after entities making unusual profits without any fundamental basis. The regulator has issued a discussion paper, inviting feedback on the draft of the Sebi (Prohibition of Unexplained Suspicious Trading Activities in the Securities Market) Regulations, 2023, which are aimed at curbing front-running, use of mule accounts, pump and dump schemes, and misuse of social media influencers. Currently, Sebi's Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) and Prohibition of Insider Trading (PIT) Regulations deal with such activities.
The National Investigation Agency on Friday filed a fresh charge sheet against five persons in connection with the Coimbatore car bomb blast in October 2022, and said the prime accused was "reportedly inspired by the hardcore ISIS ideology" to carry out this terrorist attack.
The Securities and Exchange Board of India (Sebi) is mulling doing away with the priority distribution (PD) model in Alternative Investment Funds (AIFs) and introducing in the regulation pro-rata rights (based on the ratio of their commitments) for investors. AIFs are pooled investment vehicles but certain schemes have been observed to be following a differential distribution model where one class of investors, often a junior class, share loss more than the ratio of their contributions in comparison to the senior class of investors. As the senior class of investors have priority in distribution over the junior class of investors, the profit distribution is done first to these investors while they are compensated for loss out of the residual capital of junior class investors.
The emperor of pasta dishes is lasagne with its layers and layers of richness and taste.
Throwing a BBQ party for family and friends? It's time to take detailed notes from the Mehrotras.
India is now on the Moon and the success of the lunar mission has sounded the bugle for the emergence of a developed nation, Prime Minister Narendra Modi said on Wednesday as Chandrayaan-3 landed successfully on the lunar surface.
Some of the witnesses claimed though they did not hear what exactly Tytler told the mob, people gathered there "became violent after that (i.e. after the visit of accused) and began to attack the Gurudwara Pul Bangash and set it on fire."
