India on Saturday recorded 89,129 new COVID-19 cases in a day, the highest daily rise in around six-and-half-months, taking the nationwide tally of infections to over 1.23 crore, according to the Union Health Ministry data on Saturday.
The Department of Telecom has proposed to further tighten the noose on pesky callers by imposing a Rs 10,000 penalty for every call and SMS made by telemarketers after 50 violations, according to an official source. The Department of Telecom (DoT) has proposed to make the norms more stringent by reducing the slabs for levying penalty to Rs 1,000 per violation for 0-10 breaches, Rs 5,000 each for 10-50 violations and Rs 10,000 each for more than 50 violations. The slabs under the present Telecom Commercial Communications Customer Preference Regulations (TCCCPR), 2018 are 0-100, 100-1,000 and more than 1,000 violations.
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India's services sector activities contracted further in June as the intensification of the COVID-19 crisis and reintroduction of containment measures restricted demand, a monthly survey said on Monday. The seasonally adjusted India Services Business Activity Index fell from 46.4 in May to 41.2 in June, as new work intakes and output contracted at the fastest rates since July 2020, which prompted companies to reduce employment again. Subdued demand conditions resulted in a second successive monthly drop in new business received by services firms.
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
Twitter received 94 grievances and 'actioned' 133 URLs between May 26 and June 25, the microblogging platform said in its maiden monthly compliance report as mandated by the IT rules.
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
The Facebook chief said his top priority has always been his social mission of connecting people, building community and bringing the world closer together.
TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries. NSE Nifty rallied 164.70 points to its fresh closing peak of 16,529.10.
While experts claimed that Patanjali's Swadeshi messaging app was removed form Google Play over security concerns, Kimbho declared that it was removed because of heavy traffic.
At least 40 people, including 20 police personnel, were injured during the clashes, the police said on Saturday.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Bengaluru-based InMobi and Microsoft combine their powers to break the stranglehold of Google and Facebook in the digital advertising space.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
Gandhi has been critical of the government's handling of the pandemic and has questioned the Centre's claims on battling coronavirus.
People familiar with the proceedings said independent cybersecurity experts from a private consulting firm, technology lawyers, government officials and WhatsApp representatives were asked questions about the Pegasus spyware and the larger issues surrounding surveillance, hacking and remedial measures.
The Indian financial system's asset quality improved despite the pandemic, but it could be due to special dispensations by the regulator, and banks would likely see increased stress on their books once the schemes expire. According to the annual trend and progress report of the Reserve Bank of India (RBI) released on Tuesday, the data available for this financial year so far indicate that banks' bad debts have moderated while provision coverage ratios (PCRs), capital buffers as well as profitability indicators have improved relative to pre-pandemic levels.
The Union government's fiscal deficit further widened to Rs 9.53 lakh crore, which is nearly 120 per cent of the annual budget estimate, at the end of October of the current financial year, according to official data released on Friday. The deficit widened mainly on account of poor revenue realisation. The lockdown imposed to curb spreading of coronavirus infections had significantly impacted business activities and in turn contributed to sluggish revenue realisation.
"Such are his core supporters that they will vote for him even if cooking oil sells for Rs 5,000 per litre under his leadership.' 'They don't think about inflation but Modi when they go out to vote.'
With a record 1,45,384 fresh cases, India's COVID-19 tally has climbed to 1,32,05,926, the health ministry said.
While Mahindra isn't the first person to think that building a social network out of India was a good idea, past attempts have all failed to compete with the multi-billion dollar giants Google, Facebook, Twitter, Instagram, WhatsApp and the like.
India's industrial production contracted by 3.6 per cent in February, official data showed on Monday. According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021. Retail inflation rose to 5.52 per cent in March, mainly on account of higher food prices, government data showed on Monday. The consumer price index (CPI) based retail inflation stood at 5.03 per cent in February.
Reacting to market specific developments, the domestic unit touched a low of 66.74 in intra-day trade before concluding at 66.65.
Apple Pay also faces competition from Merchant Customer Exchange (MCX) - a consortium of retailers including Wal-Mart and Best Buy - which is developing its own mobile payment platform.
The American currency regained its buoyant strength after a brief sideways movement following overnight US Fed's optimistic tone about the future of the US economy
The 72 deaths are the highest since December 5 when 77 deaths were recorded.
The Union Government's fiscal deficit remained above the annual target for second month in row at the end of August, mainly on account of the impact of lockdown on revenue collections. According to the data released by the Controller General of Accounts (CGA), fiscal deficit during April-August was at 109.3 per cent of the annual target estimated in the Budget.
The total coronavirus cases mounted to 63,12,584, while the death toll climbed to 98,678 with the virus claiming 1,181 lives in a span of 24 hours, the data updated at 8 am showed.
Analysts caution against volatility and recommend buying stocks of companies that are on strong fundamental footing that have been beaten down badly in the recent carnage.
According to the health department data, 1,01,070 coronavirus cases have been recorded so far this month.
Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.
These top two apps account for more than 78 per cent of the UPI market in terms of volume of transaction, and 86 per cent of the market by value of transactions in December.
L Balaji has said recovering from COVID-19 is like experiencing an episode of Man vs Wild.
Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.
The government has also demanded information on vulnerability exploited by attackers and modus operandi of the attack, and sought details of remedial measures taken by Twitter to mitigate the impact of the hacking incident.
Petrol price on Tuesday breached the Rs 85 a litre mark in the national capital and diesel neared record high after rates were raised for the second consecutive day. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. This took the petrol price in Delhi to Rs 85.20 per litre and to Rs 91.80 in Mumbai. Diesel rate climbed to Rs 75.38 a litre in the national capital - just shying away from its record high - and to an all-time high of Rs 82.13 in Mumbai, the price data showed.
The global study covered 17 countries.
There is money to buy the central public sector enterprises, but buyers will need a firm assurance that the disvestment programme will keep environment issues front and centre of their corporate plans.
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