The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though implementation of several measures by the government would help support exports going forward, according to the Economic Survey 2021. With gradual recovery of economic activities, the survey said that imports and exports have picked up. During the first half of 2020-21 (April-September), exports dipped by 21.31 per cent to $125.25 billion while imports declined by 40 per cent to $148.69 billion.
The prostitution scheme was masterminded by Kishan Modugumudi and his wife Chandra, 31 where they charged clients up to $3,000 (Rs 2.04 lakh) for each sexual encounter.
Finance Minister Nirmala Sitharaman on Monday used her trademark 'bahi-khata', a ledger wrapped in a red-coloured cloth, to carry Budget documents as she arrived in Parliament House to present her third straight Budget. Sitharaman, India's first full-time woman finance minister, had in July 2019 ditched the colonial legacy of a Budget briefcase for the traditional 'bahi-khata' to carry Union Budget papers. She used the same last year and again on Monday.
IT Department asks car dealers to furnish ledgers of all customers who have booked vehicles from November 1.
Heath Ledger steps into Jack Nicholson's shoes. And makeup.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
Telecom regulator TRAI on Tuesday suspended the newly-implemented norms for commercial text messages for one week, following major disruptions in SMS and OTP deliveries for banking, payment, and other transactions.
The cheque truncation system, which is currently operational at the major clearing houses of the country, has stabilised well and it has made large efficiency gains: RBI
Hit the message board with your choices!
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.
The Enforcement Directorate (ED) on Tuesday arrested the former CFO and internal auditor of the Cox and Kings Group in connection with its money laundering probe in the Yes Bank alleged loan default case. The agency said ex-chief financial officer Anil Khandelwal and internal auditor Naresh Jain were arrested under the provision of the Prevention of Money Laundering Act
Welcome to Non-Fungible Tokens (NFT) - digital constructs authenticated using an abstract mathematical application. An NFT is a unique token added to some digital construct and registered on a blockchain with details of ownership. The construct itself might be free (it often is) but the NFT along with the construct is worth "more". The NFT market didn't exist until 2017 when "cryptokitties", or virtual cats, became available with NFTs. The market is now worth around $350 million. Speculators believe it is likely to be worth much more in future.
Instead of relying on technology that is not in their control, businesses should stop using SMS based OTPs and start using other software-based or hardware-based token authentication, which are in their control, says Venkata Satish Guttula.
The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three.
Anthony Pompliano, general partner at Morgan Creek Capital Blockchain in the Silicon Valley, shares his views on cryptocurrencies with Mayank Jain in an email interview.
While speaking of taxation, Sitharaman also quoted Sangam era Tamil classic's Yaanai Pugundha Nilam written by Pisirandhayar in Purananooru.
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
The film will introduce Anne Hathaway as Catwoman and Marion Cottilard as Miranda Tate.
The cryptocurrency will fall in the RBI's domain.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
Croatia made a flying start to Euro 2012 after pouncing on sloppy defending to beat Ireland 3-1 in their Group C opener on Sunday.
Sometimes these characters outshine the super heroes!
'Salman asked me if I would be open to playing a negative character.' 'I told him I would do even a single scene for him.'
The first movie to be made available on Facebook is the Heath Ledger starrer The Dark Knight.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
The hack may have been done by a rogue Twitter employee, or it may have been a smart hack into the Twitter system, or a social hack where someone conned Twitter's employees into giving them access,' suspects Devangshu Datta.
Income Tax department has introduced a new facility this financial year 2009-10 (AY 2010-11) for viewing your tax payments made it is called 'Tax Credit Statement' or PAN LEDGER or Form 26AS.
All I can say about Garfield is amen. Spidey's in good hands.
Mobile applications will now take centre-stage as Bharti Airtel grows its business.
In what many movie observers believe is one of the biggest surprises in years, Dev Patel, 18, has just been nominated along with Heath Ledger (The Dark Knight), Josh Brolin, (Milk), Robert Downey Jr. (Tropic Thunder) and Philip Seymour Hoffman (Doubt) for the Screen Actors Guild (SAG) Best Supporting Actor Award.
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
One of the most attractive things in a movie romance is to watch two people fall in love over a date or two.
Industry needs solutions that are more flexible
Dark Knight becomes third-biggest box office movie of all time earning 441 million dollars. Studio estimates show that the second highest grossing over the weekend was Pineapple Express, which earned 22.4 million dollars.
The new Batman movie The Dark Knight smashed a lot of box office records, what with an earning of 155.3 million dollars in its opening weekend. The new movie, starring Christian Bale, Maggie Gyllenhall, Michael Caine and the late Heath Ledger, has already made more money in its biggest day (66.4 m dollars on Friday) than Hancock, WALL-E and Kung-Fu Panda, to name three recent supersize hits, made in their respective opening weekends.
Sunder Navalkar devoted her whole life to the cause of workers' rights, remembers Sanober Keashwaar.
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