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02.10 / 09:53
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Kargil set for council polls on Oct 4, first since Article 370 repeal; BJP vs Congress-NC contest on cards
Lok Sabha elections next year, is primarily being seen as a battle between the Centre-ruling Bharatiya Janata Party (BJP) and the alliance of Congress and National Conference (NC). The 30-member Kargil council comprises 26 seats for which elections are held, whereas, four other members of the local body are nominated. In the last polls held in August 2018, the BJP had managed to win only 1 seat.
02.10 / 09:21
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India-Canada news: Are lentils going to be a chokepoint amid diplomatic tension
Also read: Amid India-Canada row, Elon Musk accuses Canadian PM Justin Trudeau of ‘crushing free speech’ But a senior government official told Reuters that New Delhi has not instructed importers to refrain from purchases. Besides, an official with the Canadian Global Affairs Department said that Canada is also not taking any action that would directly affect trade with India.
02.10 / 09:21
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US envoy Eric Garcetti mesmerized by Kanyakumari's beauty, ‘Symphony of colors’
Take a look at the pictures below, Since being posted, the post has garnered over 50k views, 1,500 likes, and numerous reactions in the comment section. One user wrote, “You really had an incredible tour of India in the shortest possible time from Kashmir to Kanyakumari and from Bombay to Calcutta.
02.10 / 09:21
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Weather update: IMD issues yellow alert in THESE 3 Kerala districts. Check forecast here
southwest monsoon will exit in the first week of October. The weather department said that the monsoon rainfall this year was its lowest since 2018 as the El Nino weather pattern made August the driest in more than a century.
02.10 / 09:21
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Bihar caste-based census out: Extremely backward class is 36.01%, backward class 27.13%
Also Read: Census or survey? All you need to know as Bihar govt, Centre spar over caste-based scrutiny Bihar Chief Minister Nitish Kumar wrote on Twitter, “Today, on the auspicious occasion of Gandhi Jayanti, the data of caste-based census conducted in Bihar has been published. Many congratulations to the entire team engaged in the work of caste-based enumeration!" Bihar CM noted that the proposal for caste-based enumeration was passed unanimously in the Legislature.
02.10 / 09:13
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Global economy taking a turn for worse, caution ahead: Zoho's Sridhar Vembu
Sridhar Vembu, cofounder and CEO of software-as-a-service (SaaS) company Zoho, warned on Monday that the global economy is likely taking a turn for the worse, urging companies to exercise caution. In a post on X (formerly Twitter), Vembu said that Zoho has seen a slowdown in growth across geographies in September.
02.10 / 07:31
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PM Modi dedicates gas pipeline, road and railway projects in poll-bound Rajasthan. Details here
₹7,000 crore at a function in Rajasthan's Chittorgarh. PM Modi said, "The development of Rajasthan is the biggest priority for the Central government", added, “Centre has focussed on development of modern infrastructure like expressways, highways and railways in Rajasthan". Elections in Rajasthan are scheduled during fall this year.
02.10 / 07:31
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PM Modi to launch projects worth ₹8,000 crore in Telangana on Monday
₹8,000 crore in Telangana on Monday, ahead of the state elections scheduled later this year. These projects cover various sectors, including railways, and thermal power plants. "In line with the Prime Minister’s vision of increasing power generation with improved energy efficiency in the country, the first 800 MW Unit of phase 1 of Telangana Super Thermal Power Project of NTPC will be dedicated to the nation.
02.10 / 07:31
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What is AMOC, the heat-distributing Atlantic current?
system that helps distribute heat around the world is weakening. Why do scientists find this so worrying? AMOC is something of a poster child for tipping points, which are notional thresholds beyond which systems that have been responding gradually and incrementally to global warming undergo sudden and dramatic changes. One reason for this is its sheer power and the scope of its influence.
02.10 / 05:51
02.10 / 05:23
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India's crypto taxation framework: How does it fare globally?
India’s taxation framework and the intent behind it In recent years, India has found itself amid a promising Web3 landscape, characterized by a remarkable surge in startups. This evolution, however, has been accompanied by a taxation framework, one that has created implications within the country's Web3 ecosystem. The Finance Act, 2022 introduced Section 194S, which imposed TDS at the rate of 1% on sale of VDAs in India from 1st July 2022. Further, a high rate of income tax of 30% was also introduced on any income from transfer of VDA from 1st April. There are also further restrictions on available deductions and treatment of losses, with no setoffs allowed against other crypto gains. The objective behind these measures was three-fold: tracking VDAs transactions by Indian residents, discouraging speculation and trading, and building guardrails around VDAs for safeguarding Indian interest and ensure financial stability.
02.10 / 05:23
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Mastung suicide blast: "Enough is enough" says Balochistan govt, declares "all-out-war" against terrorists
Achakzai said, «enough is enough» and declared an «all-out war» against terrorists, reported Dawn. In the remote Balochistan district of Mastung, a suicide bomber targeted an Eid-Milad-un Nabi (PBUH) procession on Friday, killing people, including a police officer, and injuring 100 more. While addressing a press conference, Achakzai was asked about a possible grand operation as the terrorists attacks are increasing in the province, to which, he said that he could not comment on that but added, that the state would defend each and every inch of its territory and carry out Intelligence-based Operations (IBO) if needed. However, two days have passed but no militant group has come forward to claim responsibility of the bombing.
02.10 / 05:23
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"Gandhiji deeply admired in France": France pays tribute to Mahatma Gandhi
India on Monday paid tributes to the Father of the Nation, Mahatma Gandhi and said that the France upheld the values of non-violence, peace and tolerance stated by Mahatma Gandhi. Taking to X, French Ambassy in India said, «On #GandhiJayanti, Ambassador-designate Thierry Mathou and everyone at the Embassy pay tribute to the Mahatma and the values of peace, tolerance and non-violence that he staunchly upheld. Gandhiji is deeply admired in France, as reflected in statues in Strasbourg and Vaureal.» Earlier today, Prime Minister Narendra Modi paid tributes to Mahatma Gandhi at Delhi's Rajghat. Mahatma Gandhi's impact is global, said PM Modi in a post on X, today while also urging to work towards fulfilling Gandhi's dreams. «I bow to Mahatma Gandhi on the special occasion of Gandhi Jayanti.
02.10 / 04:29
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PM Modi pays tribute to Lal Bahadur Shashtri, says 'Jai Jawan, Jai Kisan resonate even today'
Also Read: Gandhi Jayanti 2023 LIVE Updates: 'Mahatma Gandhi's impact is global,' says PM Modi Modi on Monday also paid floral tributes to Shastri at Vijay Ghat memorial early in the morning. Lok Sabha Speaker Om Birla and Vice President Jagdeep Dhankar joined in honouring the memory of former Prime Minister Lal Bahadur Shastri at Vijay Ghat on the occasion of his birth anniversary.
02.10 / 04:29
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2024
World Bank cuts growth estimates for East Asia to 5% in 2023; slashes China’s 2024 GDP growth amid property crisis
Also Read: Asian markets mixed as China’s factory activity expands, US govt shutdown averts; dollar gains China’s GDP growth estimates for next year have been cut to 4.4% from the 4.8% previously projected. “In 2024, improving external conditions will help growth in the rest of the region but persistent domestic difficulties in China – the fading of the bounce back from the re-opening of the economy, elevated debt, and weakness in the property sector, structural factors such as aging – will weigh on growth in China, slowing it to 4.4% in 2024," World Bank said.
02.10 / 04:29
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India's southwest monsoon to exit in first week of October; IMD predicts rainfall in THESE states. Details here
(Exciting news! Mint is now on WhatsApp Channel. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The monsoon was uneven, with June rains 9% below average because of the delay in the arrival of rains, but July rains rebounded to 13% above average. Also read: Monsoon season ends with 'below-average' rains, IMD blames El Nino for deficit August was the driest on record with a 36% deficit.
02.10 / 04:29
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How carbon prices are taking over the world
fossil fuels as fast as possible—that much almost everyone agrees upon. How to do so is the complicated part. Economists have long favoured putting a price on carbon, a mechanism that Europe introduced in 2005.
02.10 / 03:59
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Former SoftBank executive Akshay Naheta’s DeFi startup DTR launches UAE dirham-backed stablecoin
DTR), a 10-month-old decentralised finance startup founded by former SoftBank top executive Akshay Naheta, on Monday announced the launch of its UAE dirham-backed stablecoin, DRAM. In an interaction with ET, Naheta said that the aim of issuing a dirham-backed stablecoin was to establish a foothold in the $130 billion market, which is currently dominated by US dollar-backed stablecoins.
02.10 / 03:59
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How should you play the real estate theme? Varun Goel answers
Varun Goel, Head- Equity AIF, Nippon India MF, says “that the wires and cables and the building material companies are riding the real estate growth spurt which may continue for the next few years. As such, the growth will definitely be strong though the valuations in some of these names have run up, especially on the wires and cables and some of the ancillary space. One needs to be a little careful in terms of incremental buying from this point onwards.” What is your take on the home improvement theme? A lot of those stocks are doing well, whether it is consumer durables or whether it is the specialized names or the cable companies. How do you justify the valuations? Our sense is that we are looking at a revival in the residential real estate cycle.
02.10 / 03:59
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Justin, Canada can’t Trudeau Khalistani path!
Khalistani terrorist Hardeep Singh Nijjar’s killing on Canadian soil have further worsened ties. Canada hasn’t provided any evidence.
02.10 / 03:23
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Gandhi Jayanti 2023: 'His timeless teachings continue to…', PM Modi pays floral tribute to Mahatma Gandhi
Mahatma Gandhi on the special occasion of Gandhi Jayanti. Mahatma Gandhi's impact is global, motivating the entire humankind to further the spirit of unity and compassion," the Prime Minister said. He added, “May we always work towards fulfilling his dreams.
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