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Bangladesh situation remaining tense and volatile, notwithstanding the decision by the country's Supreme Court on Sunday to scrap the student reservation policy which is the genesis of the current crisis. Opposition BNP through the Jamaat-e-Islami has threatened to unseat the Hasina government and has launched a campaign to influence the country's Army to prevent it from safeguarding the dispensation. A fake letter signed by «junior officers» of Bangladesh Army was circulated with an aim to pressurise the Army Chief to take a neutral stand. Dhaka-based sources told ET that the country's security establishment is backing Prime Minister Sheikh Hasina. On Sunday Bangladesh's Supreme Court scrapped most of the quotas that have sparked protests and in which at least 114 people have been killed. The Supreme Court's Appellate Division dismissed a lower court order that had reinstated the quotas, directing that 93% of government jobs will be open to candidates on merit, without quotas, reports said.

Narendra Modi on Sunday announced that India will contribute one million dollars to the UNESCO World Heritage Centre to provide support for heritage conservation in countries, especially of the Global South. Speaking at the inauguration of the 46th session of the World Heritage Committee at Bharat Mandapam in New Delhi today, PM Modi said that India considers the preservation of global heritage as its responsibility, and hence, is providing support for heritage conservation not only in India but also in countries of the Global South. «India considers the preservation of global heritage as its responsibility, and hence, we are providing support for heritage conservation not only in India but also in countries of the Global South. India is assisting in the conservation of many heritages like Angkor Wat in Cambodia, Cham Temples in Vietnam, and Bagan Stupa in Myanmar. In this direction, I am making an announcement. India will contribute one million dollars to the UNESCO World Heritage Centre. This grant will be used for capacity building, technical assistance, and the conservation of world heritage sites,» PM Modi said.

free trade agreement negotiations are set to be defined this week as UK Foreign Secretary David Lammy is expected in India on Tuesday, the first high-profile visit under the newly elected Labour government in Britain. The free trade agreement (FTA) talks began in January 2022, under the then Conservative government, with a target to significantly boost the GBP 38.1 billion a year bilateral trading partnership but hit a block in the fourteenth round of negotiations to make way for general elections in both countries. A report in 'The Daily Telegraph' on Sunday quotes a New Delhi source to claim the Indian side would seek clarity on whether the Labour government intends to pick things up from where they were left off or start afresh in some way. «India is keen to resume talks on a positive note, but the date needs clarity,» the source told the newspaper.

Lancet study, due to high levels of air pollution and tobacco consumption. According to the study published in May, ischaemic heart disease will continue to be the leading cause of death around the world, followed by stroke, diabetes and chronic obstructive pulmonary disease (COPD). In ischaemic heart disease, narrowing of vessels in the organ reduces blood flow. The study projected that men and women around the world could live longer by up to five and four years, respectively. «It is going to remain the number one killer and disabling disease with continued bad lifestyle and increasing stress. Yet, there is a lack of understanding of the exact mechanism of formation of these blockages (in the heart's blood vessels). Till we understand the mechanism, the solutions cannot be found,» said Dr Atul Mathur, Executive Director, Interventional Cardiology and Chief of Cath Lab, Fortis Escorts Heart Institute, New Delhi.

Congress parliamentary group meeting chaired by CPP chairperson Sonia Gandhi is likely to be held on Monday to chalk out the strategy for the upcoming budget session, sources said. The meeting will be held at the residence of Sonia Gandhi. Meanwhile, an all-party meeting will be held at 11:00 am today at the Main Committee Room, Parliament House Annexe, New Delhi.

NEW DELHI : New Delhi: In a much-required revamp of corporate disclosures, the government has simplified the reporting process for companies on unclaimed dividends, deposits, and share application refunds—a move that will also further smoothen the claim process for investors. To reduce the compliance burden on companies, the ministry of corporate affairs in a recent order simplified how businesses need to report the transfer of unclaimed dividends and underlying shares to a fund maintained by the Investor Education and Protection Fund Authority (IEPFA).

No, it is not a bank holiday on July 20, 2024, as it is the third Saturday of the month, and this will be the last working Saturday ahead of July 31 Income Tax Return deadline. The next Saturday, July 27, banks will be closed as it is the fourth Saturday of the month. If you have not yet filed your income tax return, it's important to ensure that your banking tasks are completed this Saturday. In the event that your net banking or other online payment methods are not working, you can still pay your taxes in person or through RTGS / NEFT at your bank's physical location as these services should be operational on that day. Additionally, you may need to visit the bank to obtain documents such as interest certificates and Form 16A. <div data-placement=«Mid Article Thumbnails» data-t

NEW DELHI : Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Smaller firms accounted for a bigger share in overall profits in 2023-24, while international agencies have become more optimistic about India’s 2024-25 growth projections after its stellar show in 2023-24. India’s corporate profit has always been driven by the biggest firms, with the top 10% commanding 95% of the profit share.

New Delhi: The regulatory scrutiny on beneficial ownership of companies is increasing with the Registrars of Companies (RoCs) issuing adjudicatory orders on as many as 20 companies since the beginning of May, suggesting that the authorities are getting stricter about disclosures of who is controlling corporate operations. If the orders issued since beginning of the year are taken into account, the figure goes up to 27. In all but three cases, penalties were imposed and in these three cases, the submissions made by the companies were accepted, showed the regulatory orders available from the ministry of corporate affairs.

New Delhi: Gym-goers and fitness freaks chasing protein pills may need to tread with care, with their potential for serious organ damage prompting the Centre to caution the public about them. The Directorate General of Health Services (DGHS) under the health ministry will shortly issue an advisory on protein supplements after multiple instances of kidney and cardiac problems in many people who consume them to build a muscular body, an official aware of the matter said. “Youngsters and gym trainers are consuming these protein supplements without any guidance.

India is likely to cut the floor price for basmati rice exports and replace the 20% export tax on parboiled rice with a fixed duty on overseas shipments, government sources said, as rice inventories in the country jumped a record high. The world's biggest rice exporter imposed various curbs on exports in 2023 and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May. New Delhi is expected to lower the basmati rice's minimum export price (MEP) to $800-$850 a metric ton, down from $950 a ton, to boost shipments, said the sources, who didn't wish to be identified as they are not authorised to talk to media.

NEW DELHI : The full Union Budget 2024-25 is to be presented by the re-elected government on 23 July. The taxpayers’ expectations from the Union finance minister Nirmala Sitharaman are well known. The overarching expectation is that the government will announce measures to increase personal disposable income.

New Delhi: Chief Justice of Jammu and Kashmir High Court, Justice N Kotiswar Singh on Thursday took oath of office and became the first judge to have been elevated to the Supreme Court from Manipur. Acting Chief Justice of Madras High Court R Mahadevan was also sworn in as judge of the apex court. Chief Justice of India D Y Chandrachud administered the oath of office to both judges at a function in the apex court premises here. With the swearing-in, the top court has attained its full strength of 34 judges, including the Chief Justice of India. The Supreme Court will function with 34 judges until Justice Hima Kohli retires on September 1, 2024, followed by CJI Chandrachud, who superannuates on November 10 this year.

NEW DELHI : Vegetable prices are once again burning a hole in people’s pockets and pushing retail inflation up. If not for double-digit vegetable inflation, the headline inflation in June would have remained below the Reserve Bank of India’s medium-term mark of 4% since January, Mint calculations show.

NEW DELHI : Rakesh Bharti Mittal, vice-chairman of Bharti Enterprises Ltd, called for simplifying tax regimes for companies and individuals in the Union Budget 2024-25. In an interaction with Mint, he also sought financial support for micro, small and medium enterprises (MSMEs) and the healthcare sector in the budget to be presented to 23 July. He said the industry would be looking for a meaningful road map to advance the country towards becoming a developed nation by 2047 in the budget.

NEW DELHI : With the taxman coming under fire for filing late appeals, experts say there is an urgent need for a strong tax dispute resolution mechanism to simplify litigation and ensure timely closure of the cases. On 10 July, Chief Justice of India D.Y. Chandrachud rejected the income tax department's appeal against a Delhi high court order in favour of Xerox India because the plea was filed 215 days late.

Union budget presentation on July 23, Andhra Pradesh Chief Minister N Chandrababu Naidu is on a two-day visit to Delhi to push for the demands raised by him for his state with central ministers. Naidu, a key ally in the BJP-led National Democratic Alliance (NDA) government, met Home Minister Amit Shah on Tuesday evening. He is slated to meet other Union ministers on Wednesday. At his meeting with Shah, Naidu raised the issue of his state's fiscal condition. Naidu apprised Shah that he will be releasing a white paper on this on Thursday — his government's fourth since assuming power last month. Naidu took to microblogging site X and said, «Today in New Delhi, I met with the Hon'ble Union Home Minister, Shri @AmitShah Ji, to apprise him of the devastating condition of finances that Andhra Pradesh had slipped into over the past five years. I also discussed the findings of the four White Papers released, outlining the staggering debt accumulated between FY 2019-24 that spiralled our State's finances out of control. Economic incompetence, gross mismanagement, and rampant corruption by the previous government have caused irreparable damage to our State.»

Supreme Court verdict on the blockades erected by the Haryana government on Punjab-Haryana borders, even as they plan to intensify the stir. Samyukt Kisan Morcha (Non Political) and Kisan Mazdoor Sangharsh Morcha, the two organisations which have been leading the protests since February, said they have decided to postpone their "Dilli Chalo" call for the time being. The Punjab and Haryana High Court had directed the Haryana administration to remove blockades on Punjab-Haryana borders. However, the administration has now approached the Supreme Court against the high court order. The representatives of the two farmer organisations met at Shambhu border on Monday and decided to wait for the Supreme Court order.

Panchayat department is planning to create a marketing board dedicated to SHGs and FPOs in the Panchayat Department. “We are going to make a marketing Board separately dedicated to SHGs and FPOs in the Panchayat Department. Market linkages, capacity building, livelihood opportunities and research will be looked into by the Board. We are forwarding the proposals to the state government,” P Ulaganathan, Secretary in West Bengal Panchayat & Rural Development Department. “We have chosen 150 women from Self-Help Groups and IIM Kolkata are training them. We are funding them. Earlier their income was Rs 10-12,000 but it has touched Rs 10 lakhs now. Their products are available in New Delhi and Mumbai. It has happened with the help of IIM-Joka,” Ulganathan said, adding “We are doing entrepreneurship programmes in the state”.

Russia, including by encouraging rupee-rouble trade and pushing Moscow to lift non-tariff barriers, New Delhi said on Monday, in the wake of Prime Minister Narendra Modi's visit to Moscow. Old partners India and Russia have stepped up trade since Russia invaded Ukraine in early 2022, but the increase has been overwhelmingly one-way, dominated by India buying Russian oil shunned by traditional customers in Europe. Surging Russian exports to India accounted for $61.43 billion of the $65.7 billion in trade between the two countries in the last fiscal year that ended in March.