Department Financial News

government has named senior telecom department official Robert Jerard Ravi as chairman and managing director (CMD) of Bharat Sanchar Nigam (BSNL), along with Mahanagar Telephone Nigam (MTNL) and Bharat Broadband Network (BBNL) for a period of six months. According to an order issued by the Appointments Committee of the Cabinet, the government has decided to not extend the tenure of Pravin Kumar Purwar, current CMD of BSNL beyond July 14. «Entrustment of additional charge of the post of CMD, BSNL along with CMD, MTNL and CMD, BBNL to Ravi A Robert Jerard, DDG (SRl), DoT for a period of six months w.e.f. July 15, 2024, till January 14, 2025, or until further orders, whichever is earlier,» the order said.

security forces as ethnic tensions continued in the tribal-dominated Ganda Twisa in Tripura's Dhalai District on Saturday. The Internet has been snapped and large gatherings have been banned in the district and four people have been arrested. Officials said the attackers burnt houses, vandalised and looted shops and homes at Ganda Twisa on Friday night when Parameshwar Reang succumbed to his injuries after being assaulted by some miscreants on July 7. The Tripura home department suspended mobile Internet services in Dhalai district till Saturday midnight to prevent circulation of messages, videos and photographs.

lieutenant governor (LG) after amending the transaction of business rules under the Jammu and Kashmir Reorganisation Act, 2019. In a late evening clarifications, officials said that the notification regarding transaction of business rules was not an amendment to the Jammu and Kashmir Reorganisation Act, 2019, as some media reports suggested, but a simple amendment to the transaction rules issued to avoid any ambiguity. The notification did not in any sense alter the balance of powers as enshrined in the law, which has been passed by Parliament and upheld by the Supreme Court, they said. The amendments came into force on July 12, the date of the publication in the Official Gazette — a move in anticipation of the speculated assembly election in J&K, Officials said the decision is in line with the other union territories. As per section 32 of the Act, the legislative assembly may make laws with respect to any of the matters enumerated in the state list, except the «police» and «public order», or the concurrent list in the Seventh Schedule to the Constitution of India.

ethnic tensions continued at tribal-dominated Ganda Twisa in Tripura’s Dhalai District on Saturday, authorities imposed prohibitory orders and deployed a huge contingent of security forces. The Internet has been snapped and large gatherings have been banned in a district in Tripura. Four people have been arrested. Officials said that attackers burnt houses, vandalised and looted shops and homes at Ganda Twisa on Friday night after Parameshwar Reang succumbed to his injuries after being assaulted by some miscreants on July 7. The Tripura Home Department suspended mobile Internet services in Dhalai District till Saturday midnight to prevent circulation of messages, videos and photographs.

climate change is leading to more thunderstorm activity and consequently, more lightning strikes worldwide, senior scientists said on Saturday. At least 43 people were killed due to lightning strikes in Uttar Pradesh on Thursday and 21 in Bihar on Friday. Most of the people killed were either transplanting paddy in fields, grazing cattle or taking shelter under trees to protect themselves from the rain. Former Secretary in the Union Ministry of Earth Sciences, Madhavan Nair Rajeevan, said climate change is increasing the formation of convective or thunderstorm clouds.

NITI Aayog is likely to hold its ninth governing council meeting on July 27 to deliberate on the government’s Vision 2047 for a Viksit Bharat. The meeting, to be chaired by Prime Minister Narendra Modi, is expected to be attended by chief ministers of all states and lieutenant governors of union territories besides the top minister of the Modi cabinet. Governing council is the apex body of NITI Aayog. The Aayog has been pursuing the policy of cooperative federalism and has regularly called upon all states to deliberate on important matters pertaining to the economic growth of the country as it feels India’s growth is closely linked with that of states. Prior to this, finance minister Nirmala Sitharaman is expected to lay out the blueprint for a Viksit Bharat while presenting the full Union Budget on July 23.

The Labor Department releases its latest snapshot of U.S. job openings Tuesday and its June tally of hiring by nonfarm employers Friday

Federal prosecutors and victims’ families are waiting for Boeing to decide whether to accept a plea deal that would settle a criminal fraud charge

Maharashtra legislative assembly, Vijay Wadettiwar, on Tuesday said a GST department official posted in Gujarat has purchased 640 acres land in environmentally sensitive region in Satara district, and alleged that all rules have been violated in the process. Speaking in the Lower House of the state legislature during a debate on the budgetary demands, he said the land concerned is located in Kandati Valley in Satara. «A Gujarat Goods and Services Tax (GST) department official has purchased 640 acres of land in Satara. All rules have been violated in the purchase of the land. Roads have been constructed on the forest land and no permission has been sought from the revenue department before the digging work on the land under its jurisdiction. This has resulted in loss to the revenue department,» he said.

The Biden administration says it’s providing $244 million to expand and update the federal government’s registered apprenticeship program

Producer Price Index (PPI) to efficiently capture input prices in the economy and has shared it with the IMF, the Department of Promotion of Industry and Internal Trade (DPIIT) secretary Rajesh Kumar Singh said on Thursday. He also said the government is working towards changing the base year of the wholesale price index (WPI) from 2011-12 at present. India is planning to move from the WPI to PPI going ahead in sync with most G20 economies. Consultations with the ministry of statistic and programme implementation (MoSPI) have been done. “It has to go through a process, including National Statistical Commission (NSC) but we are on the job…The model from our side is final and we have shown it to the IMF,” Singh said.

income tax refund after you file the income tax return (ITR) for that year. However, the income tax refund will only be issued after the tax department processes your ITR and sends you an intimation notice confirming it. This intimation notice is issued under section 143 (1) of the Income-tax Act, 1961. This year, the returns need to be filed for FY 2023-24 (AY 2024-25) with the current deadline being July 31, 2024. The refund for income tax is processed by the State Bank of India (SBI) and is directly deposited into the bank account that the taxpayer has designated in their ITR at the time of filing. Therefore, it is crucial to double-check that the correct bank account number and IFS code have been provided. Additionally, it is important to have the bank account pre-validated on the government's new income tax e-filing portal and to link the PAN with the bank account. Also Read: How to pre-validate bank account to receive income tax refund

12 problem statements on Geo-Spatial Applications from centres NRSC, PRL, NESAC, SPL, and SAC.As per ISRO, Teams of 3-4 Indian students from undergraduate, postgraduate, and PhD programs are invited to participate for the Hackathon which involves a rigorous two- level screening process.The Indian space agency said in a statement said, “Initially, 100 teams will be shortlisted based on their ideation and relevance to the problem statements. From these, an expert committee will select 30 teams for the grand finale."The grand finale, a 30- hour marathon event, will be held at the NRSC Outreach Facility in Jeedimetla, Hyderabad, starting at 10:00 hrs IST on August 13, 2024.The hackathon event is managed through a dedicated web portal.

Mint spoke to noted that only a few taxpayers express concerns about sharing their login credentials, while most are comfortable doing so. “New clients who sign up online and haven’t met us in person or have not come to us through another client are apprehensive of sharing all their financial information," said Karan Batra, founder, Charteredclub.com. Daga concurred, saying that only 1 out of 10 clients exhibit this hesitation.

Ministry of Home Affairs (MHA) has amended the Jammu and Kashmir Reorganization Act, 2019 enhancing some powers of the Lieutenant Governor of the erstwhile state. President Droupadi Murmu has given her approval to the amendments in the rule exercising the powers conferred by section 55 of the Jammu and Kashmir Reorganisation Act, 2019, (34 of 2019) read with the Proclamation dated 31st October 2019 issued under section 73 of the Act, a notification issued by the MHA mentions. The President made the rules further to amend the Transaction of Business of the Government of Union Territory of Jammu and Kashmir Rules, 2019.

U.K. man is facing jail time for carrying a copy of a Legend of Zelda sword in public.Police in the county of Warwickshire said they arrested 48-year-old Anthony Bray in the town of Nuneaton on June 8 when he was seen on CCTV carrying a replica “master sword” from the popular video game series.Bray carried the six-inch blade inside a blue and gold sheath that could release the weapon with the press of a button.

The California Civil Rights Department in filings in state court accused the tech giant of retaliating against its California-based employees who used parental, disability, pregnancy and family-care leave since 2017 by denying them raises, promotions and stock awards.

Supreme Court on Wednesday stayed a Gujarat High Court order asking the state government to resume the process of taking back nearly 108 hectares of grazing land given to an Adani Group entity in 2005 near the Mundra port. A bench of justices B R Gavai and K V Viswanathan took note of the appeal of Adani Ports and Special Economic Zone Ltd that the impugned order is required to be stayed in the interest of justice. «Issue notice. Stay of impugned order,» the bench said. On July 5, the state government had informed the high court that it will take back nearly 108 hectares of 'gauchar' (grazing) land which was given to an Adani Group entity in 2005.

A federal judge has ordered Louisiana to take steps to protect the health and safety of incarcerated workers toiling in the fields of a former slave plantation

Texas, in an incident described as unprecedented by Fire Chief Jim Pigg. Located near Brownsville on a barrier island, South Padre Island experienced two separate shark bite incidents on the Fourth of July. After the bites, authorities located the shark and pushed it into deeper waters, as reported by Yahoo News. First Incident and Emergency Response The first 911 call came in at 11 a.m., reporting a severe shark bite to a person’s leg. This victim was transported to a local hospital for treatment. Alongside this individual, a second person sustained minor injuries but did not require emergency care. City spokesperson Nikki Soto confirmed these details.

Two people are missing and another is dead after a tour company helicopter crashed off the Hawaiian island of Kauai