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A top officer of an Italian cargo ship that caught fire last summer in one of America’s busiest seaports broke down in sobs recalling his crew’s initial efforts to put out the blaze

pro-Pakistan separatist amalgam Tehreek-e-Hurriyat and Muslim League Jammu Kashmir headed by separatist Masarat Alam. Both the organisations were recently banned by the government. Tehreek-e-Hurriyat was founded by late separatist leader Syed Ali Shah Geelani.

₹14.7 trillion from the receipts made in the same time a year ago, finance ministry said on Thursday, showing strong tax buoyancy. Net direct tax receipts so far this year accounts for 80.61% of the total budget estimates for direct taxes for the current fiscal. The ministry said quoting provisional figures that corporate and personal income tax collections continue to register steady growth.

Indian policymakers are expected to fix inverted import duties for sectors like textiles, leather and engineering goods, so that inputs are not charged at a higher rate than ready-to-use products. The commerce ministry has reportedly reached out to the finance ministry to sort out such distortions for more than a dozen items in the Union budget. Manufacturers have long sought corrections, as high input duties increase local production costs, but government action has been slow.

NEW DELHI : The Union ministry of food processing industries may get a lower allocation in the interim budget for FY2024-25 following lower expenditure in the ongoing financial year, a senior MoFPI official said. The ministry has spent about ₹2,912 crore so far in FY2023-24, against the budget estimate of ₹3,287 crore for the financial year.

Standard deduction is one of the most widely used deductions as salaried taxpayers can claim it without making any investments. There has been a longstanding demand to increase the standard deduction limit. The demand has become louder after standard deduction was made a part of the new income tax regime last year. It has been almost five years since standard deduction was revised; the previous instance was in 2019. Though 2024 will see only an interim budget, middle-class taxpayers are eagerly hoping Finance Minister Nirmala Sitharaman will roll out some tax sops. Will the Budget 2024 raise standard deduction from Rs 50,000? This is what experts are saying:

Federal investigators are looking into a dockside cargo ship fire that killed two New Jersey firefighters at Port Newark

Terminologies defining diseases in ayurveda, unani and siddha systems of medicine have been included in the World Health Organization's International Classification of Diseases (ICD) 11th revision, the Ayush ministry said on Wednesday. This will lead to global uniformity in ayurveda, unani and siddha medicines as a code for defining diseases.

stocks witnessed a build of fresh short positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not.

The Hindu has stated that despite the strike, the state Transport Department has said that normal bus services are being run in Chennai city and across the State. Citing a senior official, the report further said that since today morning, the Metropolitan Transport Corporation (MTC) in Chennai operated 3,177 buses which is slightly below its usual 3,233 buses.

Defence Minister Rajnath Singh was on Tuesday given full ceremony Guard of Honour at the Horse Guards Parade grounds in London. There was a special parade by the British Army's Number 7 Company Coldstream Guards and the Band of the Irish Guards. The regiments represented on parade are among the most historic in the British Army. Ceremonial welcomes of this nature are considered special and memorable moments of high honour from one nation to another. Following the ceremony, Rajnath Singh and his UK counterpart, Secretary of State for Defence, Grant Shapps, retired to the Ministry of Defence to discuss shared future military commitments and joint training opportunities Singh on Tuesday also paid homage to Mahatma Gandhi at his statue in Tavistock, London. Later on Tuesday, the Defence Minister will depart for the Ambedkar Museum.

An indefinite strike announced by the state’s transport workers’ unions began Tuesday ahead of the Pongal festival holidays in Tamil Nadu over their demand to release the payout of Dearness Allowance dues that have been pending for eight years. The workers have alleged that their demands are not being considered by the state administration.

Investors who missed it earlier now have the opportunity to board the PSU bank bus offering attractive entry points to long term investors. Index returns by 12-stock Nifty PSU Bank is to the tune of 32% over a 1-year period which is higher than 11.36% returns delivered by Nifty Bank and 19.57% by broader Nifty50. Individually, Punjab National Bank (PNB), Central Bank of India and Union Bank of India have given returns of 66%, 62% and 51%. Other including Bank of Maharashtra, Indian Bank, Canara Bank, Indian Overseas Bank (IOB), UCO Bank Bank of India, Bank of Baroda (BoB) and State Bank of India (SBI) have given income of 49% and 4.27% during this period with index heavyweight SBI featuring as the biggest laggard. PSU banks remain beneficiaries of a benign macro with valuations offering comfort, JM Financial said while picking SBI and BoB as its top bet.

₹1,150 crore in the Union Territory. The development projects cover technology, energy, water resources, healthcare and education sectors.

Bangladesh Elections LIVE updates On Friday, a passenger train was set on fire in Dhaka, Bangladesh. Four people including two children died in the incident. On Saturday, miscreants torched a polling centre in Lalmonirhat's Hatibandha upazila.

Lakshadweep. I am still in awe of the stunning beauty of its islands and the incredible warmth of its people." "I had the opportunity to interact with people in Agatti, Bangaram, and Kavaratti. I thank the people of the islands for their hospitality," the Prime Minister said.

India plans to set up its own protection and indemnity (P&l) entity called India Club for providing third-party maritime insurance to Indian ships operating in the country’s coastal regions and inland waterways, a top government official said. Coverage for shipping in international waters may come at a later point. Such an entity would provide insurance cover for unforeseen situations such as damage caused to cargo during carriage, damages from war, and from environmental risks.

CAA) will not be implemented in West Bengal as announced several times by West Bengal Chief Minister Mamata Banerjee. «In Delhi, Union Minister Shantanu Thakur says one thing and his version changes when he is in Bengal. This is regarding CAA. Our Chief M and the chairperson AITC have categorically mentioned that CAA will not be implemented in Bengal.

ALSO READ: Foreign investors keen on India but transparency key factor: WEF investment head 1) Davos 2024 will be hosted between 15 to 19 January 2024. 2) It will be hosted at the local Swiss Alpine School in the heart of Davos.

Narendra Modi inaugurated and laid the foundation for various projects worth Rs 1,150 crore in the Union Territory of Lakshadweep on Wednesday. The projects were launched at a function attended by hundreds of islanders here. This includes the Kochi-Lakshadweep Islands Submarine Optical Fibre Connection (KLI — SOFC) project, which he announced in his Independence Day speech in August 2020 at the Red Fort.

BSE PSU index, reflecting public sector enterprises' performance, surged by 55% in 2023, surpassing the 18.74% return of the benchmark BSE Sensex index. Also Read: From Mazagon Dock Shipbuilders to IRCTC, 7 of 8 PSU stocks listed over last 5 years gave multibagger returns The railway stocks have been on investors' radar ever since the government raised the capital outlay for the Indian Railways in the Union Budget 2023-2024. In addition, the new shipping and rail transportation corridor linking countries across the Middle East, South Asia, and Europe announced at the G20 summit also added momentum to railway stocks.