News & Updates

Delhi on Friday logged 601 fresh COVID-19 cases with a positivity rate of 3.64 per cent, while no new fatality due to the viral disease was recorded, according to data shared by the health department here. With this, the capital’s COVID-19 caseload climbed to 19,43,026. The death toll stands at 26,289, the bulletin stated. The fresh cases came out of

HDFC Bank, India’s largest private sector lender, is expected to report strong on-year growth in net profit and net interest income, when it announces April-June quarterly results tomorrow (Saturday). Analysts also expect HDFC Bank provisions to fall along with NPAs (non-performing assets). Investors will also keenly wait for management comments on HDFC

In what can be called the ‘breaking the internet’ news of the day, businessman and IPL founder Lalit Modi announced via a social media post that he is ’beginning a new life finally’ with ‘betterhalf’ and former Miss Universe Sushmita Sen. Lalit Modi took to his Twitter and Instagram handles to make the official announcement. He shared a mushy post along with

Shiv Sena leader Sanjay Raut on Thursday claimed there is no government existing in Maharashtra at present as the Eknath Shinde-led dispensation is “illegal”, and asked where Governor Bhagat Singh Koshiyari is when rains are wreaking havoc in the state. Talking to reporters here, Raut said cholera has broken out in many parts of the state that

By Ashley Coutinho The Securities and Exchange Board of India’s (Sebi) draft proposals to bring transactions in mutual fund units under the ambit of insider trading norms may curtail the investment options for mutual fund employees even further. MF employees prefer to invest in mutual fund units given the restrictions on direct investments in stocks that are

Sale of advertisement space on internet would be liable to 18 per cent Goods and Services Tax, the Karnataka bench of Authority for Advance Ruling has said. E-commerce portal Myntra Designs Pvt Ltd had approached the AAR seeking a ruling on whether providing advertisement space on its portal to foreign entity Lenzing Singapore Pte Ltd was liable to GST. The

Coal India (CIL) has inducted a director for business development on its board — a move that will aid its diversification plan. Debasish Nanda, who assumed charge as director – business development on July 11, will continue with the charge “till the date of his superannuation (May 31, 2025) or until further orders whichever is earlier”, CIL informed

Things have become difficult for the investors investing in equities – including equity linked savings scheme (ELSS), which is one of the popular tax-saving options, and other equity-oriented mutual fund (MF) schemes – after reintroduction of tax on long-term capital gain (LTCG) from equities. Not only the investors need to pay 10 per cent tax on gains

Hyundai Motor Co said it would build a dedicated electric vehicle (EV) factory in South Korea that will become its first automobile plant to open in the country in almost three decades. Production is due to begin by 2025, the company’s union said in a statement, relaying a pledge that the company had made in wage negotiations. Hyundai Motor gave no

Widespread monsoon rains over western, southern, central and eastern parts of the country in the last one week have pushed cumulative rainfall this season on Monday to 7% above the benchmark, which is considered as ‘above normal’ level. Since the beginning of July, the country has received 32% more rainfall over the benchmark so far. While in June,

Bengaluru-headquartered startup Log9 Materials has entered into a long-term strategic partnership with Pune-based EV company Northway Motorsport to utilise the latter’s expertise to retrofit multiple used and brand-new ICE-based small commercial vehicles (SCV) into EVs alongside the integration of Log9’s RapidX batteries.

As part of this

A credit score above 750 will help you get a home loan at a lower rate of interest Check the source here -Source, Financial Express.

British Indian former Cabinet minister Rishi Sunak maintained his lead as the race to replace Boris Johnson as Conservative Party leader and next UK Prime Minister widened on Sunday with a total of nine candidates in the fray, with Trade Minister Penny Mordaunt emerging as an early second favourite. Mordaunt shared a #pm4pm video to announce her candidacy,

By Ranjita Raman Education was traditionally restricted to schools and universities, and it was scorned upon for professionals to return to their roots to gain industrial skills. Changing times have not only altered the way how we see education, but the upheaval in the ed-tech sector and widespread use of digital technology has made it vital for millennials,

Rohit Sharma’s inspirational leadership and an aggressive brand new approach saw India completely outclass England by 49 runs in the second T20 International to seal the three-match series with an unassailable 2-0 lead here on Saturday. Batting first, India once again showed a start-to-finish aggressive intent while reaching 170 for eight riding on new

The right to abortion in France hardly seems under threat — it’s been inscribed in law for 47 years and enjoys broad support across the political spectrum. But more and more French women are asking: Could what happened in the U.S. happen here one day? The decision by the U.S. Supreme Court to strip women of the right to abortion has reverberated across

By Rameesh Kailasam & Rajesh Mehta Climate change has a bifold relationship with agriculture–it is a result of farm emissions and, of course, affects farming. Consumerism, population growth, and rising buying power of certain sections globally are beginning to threaten the food security of many nations at an accelerated pace. Over the past couple

Futures slipped on Friday, after a recent run of gains for Wall Street’s main indexes, as investors awaited monthly jobs data to gauge the strength of the U.S. economy and the path of future rate hikes. U.S. stock markets started the month on a solid footing after a brutal first half of the year amid aggressive rate hikes by the Federal Reserve. The

The credit quality of companies has improved as upgrades by rating agencies have risen remarkably and downgrades have fallen in the last few months. Even the National Automated Clearing House’s bounce rates data for banks have been improving, though there are concerns regarding the SME segment. Asset quality of banks have improved steadily as gross

India’s Defence Research and Development Organisation (DRDO) has more than 50 laboratories across the country. All these laboratories are engaged in developing defence technologies in various sectors including combat vehicles, missiles, naval systems, advanced computing, aeronautics and armaments. And in over six decades this premier organisation has been

Mumbaikars had no respite from heavy rains which continued to lash the city for the fourth consecutive day on Thursday, delaying local train services on the Central Railway route following a wall collapse on a track, officials said.The India Meteorological Department (IMD) has forecast heavy rainfall in the city and suburbs with very heavy to extremely heavy

Non-banking financial company Bajaj Finance on Wednesday said it had recorded the highest-ever quarterly increase in its customer franchise at 2.7 million during Q1FY23. The NBFC’s customer franchise as of June 30 stood at 60.3 million compared to 50.5 million a year ago. New loans booked by the company during Q1FY23 were 7.4 million compared to 4.6 million

GAIL (India) Ltd, the nation’s largest gas transmission and distribution firm, on Wednesday said it will invest in startups operating in focus areas and is now seeking investment proposals from startups.The investments will be done through GAIL’s startup initiative ‘Pankh’. “GAIL has now opened a fresh round for solicitation of

The government has expanded the excise duty waiver for biofuels to encourage the blending of higher proportions of ethanol and components of vegetable oil with petrol and diesel. The move follows the amendments to the National Policy on Biofuels to advance the date by which oil marketing companies have to raise the percentage of ethanol in petrol to 20% to

OMRON Healthcare on Tuesday announced its latest advancement in the Oxygen therapy category with the launch of a portable Oxygen concentrator. According to the company’s press statement, it is a medical molecular sieve-based Oxygen concentrator providing continuous supply of high purity Oxygen (5L per minute) with more than 90% high concentration

Global data and measurement-driven media agency Essence has been selected as the integrated media agency of record by beauty brand Plum in India. Led out of its Mumbai office, Essence will manage strategy, media planning and media activation for Plum’s brand marketing activities. Furthermore, the agency will help scale the brand across categories and drive

Union Minister for Women and Child Development Smriti Irani on Monday assured Telangana of more ‘One Stop Centres’ to support women facing gender-based violence. She inaugurated the Zonal Meeting on ‘8 Years’ Achievements – Impact on Women and Children’ here, an official release said. Telangana Minister for Tribal Welfare, Women

The Supreme Court on Monday decided to take up a petition challenging the central government’s newly-launched Agnipath defence recruitment scheme on July 11. A two-judge vacation bench comprising Justices Indira Banerjee and JK Maheshwari directed the matter to be listed for hearing next week when the top court reopens after the summer vacation. The

By Ashwini Dubey The monsoon rainfall has started, and so have traffic jams, waterlogging and reduced visibility. While the rainy season is a good time for a cuppa and a long drive, one also needs to be overly cognisant of the vehicle’s safety. If we talk about the state of road accidents in India, the stats are alarming. As per the recent report by the

Russia’s defence minister said Russian forces took control Sunday of the last major Ukrainian-held city in Ukraine’s Luhansk province, bringing Moscow closer to its stated goal of seizing all of Ukraine’s Donbas region. Defence Minister Sergei Shoigu told President Vladimir Putin that Russia’s troops together with members of a local