Amid the coronavirus scare, the Mumbai Police on Sunday issued an order for tour operators, asking them not to take any groups to foreign or domestic destinations for tourism purpose till March 31, an official said.
Authorities in New Delhi are all geared up for the counting of votes polled in the Delhi municipal elections, with officials saying 42 centres have been set up for the Wednesday exercise which will begin at 8 am amid tight security.
The Supreme Court on Monday termed as 'amazing' and 'shocking' that people are still being booked under the Section 66A of the Information Technology Act, which was scrapped by the apex court verdict in 2015.
India has a huge untapped population which doesn't have facilities for financial aid and insurance, and it is perhaps plausible to look at the option of having niche players catering to smaller sectors akin to non-banks and microfinance institutions in lending, said Rakesh Joshi, member (Finance & Investment), Insurance Regulatory and Development Authority of India (Irdai). Speaking at the Business Standard BFSI Insight Summit, Joshi said, "Today, most of our insurance companies operate at a national level. There is arguably a case for having differentiated operations, which cater to niche sectors the same way we have non-banking financial companies (NBFC) and microfinance institutions in lending." "The capital requirement for niche players may not be as large as those having national ambitions. "Enabling these niche players, which require lower capital, will enhance the penetration in areas which hitherto had not seen traction from large players," he said.
A Trinamool Congress legislator on Sunday threatened to not support any bill tabled by the government in the West Bengal Assembly in the future and abstain from voting in the upcoming Rajya Sabha polls in the state if 'atrocities' on his loyalists allegedly by a rival faction continued, even as the Bharatiya Janata Party said the collapse of the Mamata Banerjee government was just a matter of time.
Officials said most of the preparations are complete and the counting will start at 8 am on Saturday.
The Natural History Museum's annual competition and exhibition, Wildlife Photographer of the Year has been the longest-running and most prestigious nature and wildlife photography competition that has been recognising the world's best nature photography every year since 1965.
The administration has also ordered to seal the borders of Hathras district. The decision was taken to maintain law and order in the district, which hogged limelight after a 19-year-old Dalit gang rape victim from the district died at a Delhi hospital on Tuesday.
Counting of votes began on Sunday for lakhs of panchayat seats in Uttar Pradesh, a process expected to take two days across 829 centres. There were scuffles involving the supporters of candidates in three districts and social distancing to fight the spread of coronavirus went for a toss at several places, reports said.
The firm presented that Sputnik Light vaccine is approved in 29 countries, including Russia and Argentina.
'Comparing the rates of interest with PSU banks, the three- and five-year time deposit rates of the post office are more favourable.'
Uttar Pradesh director general of police HC Awasthy, Sashastra Seema Bal DG Kumar Rajesh Chandra and Special Secretary Home Ministry VSK Kaumudi were short-listed for the post of Central Bureau of Investigation director.
Domestic brokerage HDFC Securities blocked trading in NSE's cash segment for its clients for a limited period due to a "technical glitch".
Olympic champion Neeraj Chopra, who had pulled out of two top events -- FBK Games in the Netherlands and Paavo Nurmi Games in Finland -- due to a muscle strain he sustained last month, has started training but is yet to recover fully.
The Pune-based Gennova Biopharmaceuticals has submitted phase 2 data of mRNA vaccine and has also completed the recruitment of phase 3 data.
The first of the two-phase urban local body polls in Uttar Pradesh will take place on Thursday, a major poll battle in the politically crucial state ahead of the 2024 parliamentary elections.
India's apex drug regulator has granted permission for conducting the phase II/III clinical trial of Bharat Biotech's Covaxin COVID-19 vaccine in the age group of 2 to 18 years, the Union Health Ministry said on Thursday.
The prohibitory order, issued by a senior police official, says restrictions on movement of residents for non-essential work will remain in force till July 15.
The Maharashtra State Election Commission on Friday said polls to local bodies from other backward class reserved constituencies, which were scheduled on December 21, will now be held on January 18 and these seats will be converted as general category ones.
Government on Tuesday made it clear that it differs with the UPA regime's stand on Section 66A of the IT Act.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Former Mumbai Police Commissioner Sanjay Pandey appeared before the Enforcement Directorate (ED) in Delhi for the second day on Tuesday for questioning in a money laundering case linked to the alleged illegal phone tapping of NSE employees, officials said. This is the second consecutive day that the retired Indian Police Service (IPS) officer is being questioned by the federal probe agency in this case. Like Monday, the officer will continue to reply to questions on the business and operations of a firm floated by him for security audit of the National Stock Exchange (NSE) and his statement will be recorded under the Prevention of Money Laundering Act, they said.
A Delhi court on Wednesday sent former MD and CEO of National Stock Exchange Ravi Narain to two days' custodial interrogation by Enforcement Directorate in a money laundering case related to alleged illegal phone tapping and snooping on stock exchange employees. Special Judge Sunena Sharma allowed ED's plea seeking Narain's custody till September 9 after the accused was produced before him by the probe agency. ED's Special Public Prosecutor N K Matta told the court that Narain was required to be confronted with other accused persons and evidence in the matter to unearth the larger conspiracy in the matter.
Be wary of co-operative banks which have historically been most vulnerable.
Pfizer sought to participate in the Subject Expert Committee consultations towards an emergency use authorisation for its Covid-19 vaccine. However, the company representatives have been unable to participate in the meetings because of extremely short notices of a few hours or less and time-zone limitations.
In a major move aimed at encouraging small investors to become direct investors in government bonds or stated simply to an infinite source of lending to the government, the Reserve Bank on Friday said it will allow them to directly buy government debt, making India the first Asian country to do so and among a handful globally.
The CBI action comes following a complaint from the Union home ministry.
The Madras high court on Wednesday set aside the proceedings of the Tamil Nadu revenue department locking and sealing the All India Anna Dravida Munnetra Kazhagam headquarters in Chennai following the July 11 violence, and directed that the keys of the office be handed over to party chief K Palaniswami.
The Delhi high court on Thursday granted bail to Chitra Ramkrishna in the money laundering case related to alleged illegal phone tapping and snooping of the National Stock Exchange (NSE) employees, saying prima facie there are reasonable grounds to believe she is not guilty. Justice Jasmeet Singh granted bail to the former NSE managing director on a personal bond of Rs one lakh and two sureties of the like amount. "Prima facie there are reasonable grounds to believe that the applicant is not guilty of the offence and she is not likely to commit any offence while on bail...the application is allowed and the applicant is granted bail," the court said.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
In a significant verdict, the Supreme Court on Friday held that a person employed with the government cannot work as state election commissioners (SECs) and came down on the Goa government for giving its law secretary the additional charge of the SEC.
While Lupin is working on a Remdesivir powder for inhalation, Glenmark has tied up with a Canadian Biotech firm for nitric oxide nasal spray that reduces Sars-CoV-2 viral load and thus transmission.
The approval by the Drugs Controller General of India comes following recommendations by the Subject Expert Committee on COVID-19 of the Central Drugs Standard Control Organisation.
The orders under Section 144, Code of Criminal Procedure (CrPC), will remain in force for a month in Kishtwar and for 15 days in Ramban district of Jammu, an official spokesperson said on Saturday. In Bihar, the administration imposed Section 144 of CrPC in Sheohar, Banka, Gopalganj and Samastipur districts on Saturday.
Another Kambala racer has created a record in the 100 metres during the traditional buffalo race in Karnataka, covering the distance in 9.51 seconds, and improving on the timing of Srinivas Gowda, who stirred up a social media frenzy with his recent running exploits. Nishant Shetty from Bajagoli Jogibettu is the new jockey who broke 28-year-old Gowda's record at the Venoor Kambala on Sunday, organisers said.
Ahmedabad-based Zydus Cadila, Bharat Biotech's intra-nasal candidate are among the candidates who got approval from the expert panel to conduct clinical trials, Sohini Das reports.
The prime minister will address a public meeting after inaugurating AIIMS in Bilaspur and participate in the famous Kullu Dussehra celebrations during his visit to the state.
'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'
The cost of debt-funds for the states has touched the highest level so far this fiscal with the weighted average cut-off crossing the 7.16 percentage points at the latest auctions, up 11 bps over the past week, reflecting the hardening yields even for the government securities. The hardening of the rates at the first auction of the quarter comes in the wake of the expected large supply of debt from the states, as indicated for Q4 at Rs 3.2 lakh crore, up by Rs 10,000 crore. Nine states on Tuesday raised Rs 18,900 crore at the latest auction of state development loans.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
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