A rate cut could stimulate demand and help revive industrial activity, without much risk of sparking off inflation again.
While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.
The economy is expected to throw up better numbers in the September quarter with GDP contraction of 9.9 per cent, as against 24 per cent in Q1 at the onset of the pandemic, says a report. The government will release the Q2 GDP numbers later this month. In the first contraction since 1980, the economy shrank a full 23.9 per cent in the first quarter of the fiscal after the whole nation was put under a strict lockdown.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Odisha Chief Minister Naveen Patnaik may be questioned by CBI for writing a letter of support in favour of Hindalco, an Aditya Birla group company, after its bid for coal mines was rejected by coal ministry.
Tata Power was one of the bidders for the 4,000-Mw Sasan UMPP in Madhya Pradesh, finally bagged by Reliance Power. Tata Power says the permission granted for diversion of coal from the Sasan project's captive mines was a substantial deviation from the bid conditions and affected the economics of the project. It approached the Delhi High Court challenging this diversion and sought re-tendering for the UMPP so that the bidders could factor in the benefits of this diversion.
'My fight is issue-based and I have stood by it for a long time. There can't be any compromise on a pro-Punjab agenda'
Breaking their silence after four days of a shoot-out in which 13 of their village youth died in firing by Para commandos, the Oting Citizens Office, representing Oting village in Nagaland's remote Mon district on Wednesday rubbished official claims and asserted security forces had tried to hide the dead bodies and dress them in fatigues in a bid to pass them off as militants after a botched up ambush.
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
The first sitting JNUSU functionary to fight assembly polls, Ghosh, a latecomer into politics, blossomed as the president of the union at a time when student politics saw a resurgence after Left leader Kanhaiya Kumar came into media limelight following a sedition case.
Taylor also ridiculed another Australian payer, Mumbai Indians' Chris Lynn, for suggesting that Cricket Australia should arrange a chartered flight to bring back players at the end of the tournament.
Fiercely protective of his privacy despite becoming a public figure in his teenage years, Tendulkar's response when he was approached for a biopic was: 'But I am not going to act'.
These 22 farm bodies were among 32 farmer organisations in Punjab which participated in the over-a-year-long protest against the three central farm laws.
A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.
However, a prolonged and intense second wave that curtails oxygen supply to industries for a longer-than-expected period will exacerbate downside risk in affected sectors
'A friend of mine said she grew up not liking cricket. She hated cricket.' 'But she said when I was watching your film, I suddenly had a life-altering moment when I thought that if this is what cricket does to you, then have I missed out on a large part of my life?' 'I got tears in my eyes when I read that.'
Hindalco is currently one of the frontrunners in the coal auction
Social media is reflecting a reality that the BJP does not want communicated. More people are saying things on social media that are upsetting the government, asserts Aakar Patel.
Congress legislators spent the whole night inside the Karnataka Legislative Assembly and Council, escalating demand for the dismissal of Rural Development and Panchayat Raj Minister K S Eshwarappa over his statement regarding the national flag.
The first firing which killed six civilians, occurred when army personnel mistook coal mine workers returning home in a pick-up van singing songs on Saturday evening, to be insurgents belonging to the Yung Aung faction of the banned outfit National Socialist Council of Nagaland-Khaplang (NSCN-K), about whose movements they had been tipped-off.
The fact that the government has no specific deadline to impose this policy was revealed through a response to an RTI application in February 2017.
IT and IT-enabled services will be allowed to operate with essential minimum staff only while the rest would work from home.
The demand for extension of the GST cess regime among others was made by several state finance ministers at a pre-budget consultation called by Union Finance Minister Nirmala Sitharaman in New Delhi. Besides, many states also demanded raising the share of the Union government in the Centrally Sponsored Schemes (CSS). Currently, the central government and state government share in some CSS is 60:40 while in others it is 75:25.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
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.
South African President Cyril Ramaphosa has conceded for the first time that divisions within the ruling African National Congress prevented appropriate action against the influential Gupta family from India for their alleged involvement in massive state capture.
Of these 36 coal blocks, one mine will be given to the steel sector while the rest will be given to the power sector.
The case pertains to clearance given for diversion of forest land in Saranda Forest, Singhbhum District in Jharkhand to mining company Electrosteel in alleged violation of Forest (Conservation Act) in 2012.
.jpg)
Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
Tigmanshu Dhulia's earthy touches, perverse humour, and queasy depiction of the upscale and underbelly revels in pulpy and devious twists, notes Sukanya Verma.
The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.
Relationship problems? Let Love Guru help.
'I have wanted to act since I was seven. I wasn't confident enough.' 'I thought I didn't have the face, the body and the figure because back then, it was all about the body.' 'Now, the industry is changing.' 'People are noticing talent.' 'It has become more than someone just having a good body.'
In a notification, the Union Home Ministry said an eligible beneficiary desirous of receiving the benefit under the 'Central Scheme for Assistance to Civilian Victims/Family of Victims of Terrorist/Communal/LWE Violence and Cross Border Firing and Mine/IED Blasts on Indian Territory' is required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication.
As state-level leaders tried to placate Sidhu, he made it clear through the video that he was in no mood to budge on his 'principles'.
Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
Harbhajan Singh spoke about his journey and also the infamous 'Monkeygate'
For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.
